Nifty 50, India's bellwether index, erased early gains and slipped into negative territory as of 3:00 pm on September 29, 2025. Trading at a 0.09% decline, the index signals a cautious market mood, with investors closely tracking global cues and domestic triggers.
Key highlights
- Nifty 50 reversed its initial positive trend, falling by 0.09 percent around the 3:00 pm mark, reflecting jittery trade and profit booking ahead of the September month and quarter close
- Major heavyweight stocks such as Reliance Industries, Infosys, and HDFC Bank contributed to the weakness while select defensive counters saw limited buying interest
- Broader indices, including the Nifty Midcap and Nifty Smallcap, also registered mild declines, mirroring the main index's subdued performance
- Market breadth on the NSE was slightly negative, with more stocks declining than advancing by mid-afternoon
- Trading volumes remained modest, as many investors opted for a wait-and-watch approach on account of the upcoming Reserve Bank of India policy meeting and global economic headwinds
Sector performance overview
- Financials and IT stocks faced moderate selling pressure, weighed down by weak global market cues and persistent concerns over US interest rate trends
- FMCG and select auto names outperformed, as investors sought relative safety in defensive and consumption-oriented stocks
- Metals and realty indices exhibited mixed trends, with some profit-taking evident after a recent rally
Key triggers and outlook
- The near-term direction of the Nifty 50 remains uncertain as traders brace for macroeconomic updates, central bank policy announcements, and evolving global risk sentiment
- Analysts anticipate heightened volatility in the coming sessions, particularly with quarter-end flows and index rebalancing at play
Source: NSE India, Moneycontrol, Reuters, Economic Times