Indian Stock Market: September 29, 2025

The Indian stock market experienced a volatile and bearish session on Monday, September 29, 2025, closing with slight losses.

• The Sensex fell by 61.52 points (0.08%) to 80,364.94.
• The Nifty declined 19.80 points (0.08%) to 24,634.90, marking a seven-session losing streak with over a 3% decrease.

Factors Influencing the Market

Several factors contributed to the market's performance:

• Foreign Institutional Investor (FII) Selling: Significant selling pressure from FIIs, with over Rs 5,600 crore worth of shares offloaded.
• RBI Policy Uncertainty: Uncertainty surrounding the Reserve Bank of India's (RBI) upcoming policy decision.
• Global Uncertainties: Concerns related to the global economic outlook.

Sectoral Performance

Different sectors showed varied performances:

• Banking Sector: Faced headwinds, with major banks like ICICI Bank, Axis Bank, and Kotak Mahindra Bank experiencing losses.
• PSU Banks: Showed resilience, gaining approximately 1.9%, and were top performers.
• Defence Sector: Among the worst performers, shedding about 1.2%.

Cyclical names like Larsen & Toubro and Maruti Suzuki India dropped by nearly 2% during the day.

Technical Analysis & Market Breadth

• Resistance Levels: The Nifty faced resistance near the 24,800-24,900 levels.
• Market Breadth: Negative, with more stocks declining than advancing (2,389 losers vs. 1,822 gainers on the BSE).
• Support Levels: Key support levels were at 24,600 and 24,500 points for the Nifty.

Investor Sentiment and Outlook

The market's cautious mood was evident, reflecting investor concerns.

• Investors are awaiting the RBI policy announcement for further market direction.
• Persistent selling pressure highlights the broader anxieties related to global and domestic factors.