Nifty’s Winning Streak Continues—Investors Ride the 110-Point Wave with Banks, Infra, and Metals in Command

India’s benchmark equity index, the Nifty 50, continued its upward momentum on September 16, 2025, rising by 0.75% to close at 25,181, marking a gain of 110 points from the previous session. The rally was fueled by strong performances in banking, infrastructure, and metal stocks, as well as renewed optimism around domestic growth and easing inflationary pressures.

 

The broader market also participated in the rally, with 1,755 stocks advancing and 987 declining on the National Stock Exchange (NSE). Within the Nifty 50 basket, 38 stocks closed in the green, while 11 ended in the red, signaling a broad-based recovery after last week’s brief consolidation phase.

 

Sectoral Strength: Banks, Infra, and Metals Lead

Among the top gainers on the Nifty 50 were:

These stocks benefited from a combination of strong institutional buying, positive earnings outlook, and government infrastructure spending. L&T, in particular, saw a surge in volume after reports of fresh order wins in the Middle East and domestic transport corridors.

 

JSW Steel and Maruti Suzuki also hit 52-week highs, reflecting investor confidence in cyclical sectors and consumer demand resilience. Maruti’s gains were attributed to robust auto sales and expectations of festive season tailwinds.

 

Mixed Bag: Selective Pressure on FMCG and IT

While the overall market tone was bullish, some sectors faced headwinds. Notable losers included:

These declines were largely driven by profit booking, valuation concerns, and global cues. IT stocks, in particular, remained under pressure amid mixed signals from U.S. tech earnings and cautious commentary on enterprise spending.

 

Technical Outlook: Resistance and Momentum

Analysts tracking the Nifty 50 noted that the index is approaching a key resistance zone between 25,200 and 25,250. A decisive close above this level could signal a trend reversal confirmation and unlock further upside toward 25,500, according to Bajaj Broking’s technical desk.

 

“The near-term uptrend remains intact. The present consolidation could be a buy-on-dips opportunity,” said Nagaraj Shetti, Senior Technical Analyst at HDFC Securities.

 

Support for the index is seen near 24,800, and holding above this level is critical to maintaining bullish momentum.

 

Macro Factors: Domestic Strength Amid Global Uncertainty

India’s equity markets have shown resilience despite global volatility. With retail inflation easing to 5.02% in August and GDP growth projected to exceed 7.5% in FY2026, domestic fundamentals remain strong. The RBI’s neutral stance on interest rates and robust SIP inflows—now averaging ₹27,000 crore per month—continue to support market liquidity.

 

Foreign Institutional Investors (FIIs), while cautious due to India’s premium valuations, are expected to return in greater numbers once earnings growth resumes its 12–13% trajectory. The upcoming festive season, GST rationalization, and infrastructure push are likely to act as catalysts.

 

What’s Next?

With the Nifty 50 nearing a psychological threshold, all eyes are on upcoming macro data releases, corporate earnings, and policy signals. Investors are advised to remain selective, focusing on sectors with earnings visibility and pricing power—such as cement, telecom, and banking.

 

The market’s ability to sustain gains above 25,200 will be crucial in determining the next leg of the rally. Meanwhile, midcap and smallcap indices also posted gains of 0.38% and 0.54%, respectively, indicating healthy participation across the board.

 

Sources: India Infoline, Moneycontrol, NDTV Profit