September 26, 2025
Hello! You’re listening to ET Market Watch with Neha Vashishth. Today, Indian stock markets saw a bit of a gloomy dance as the slide continued for the fifth day in a row. The Sensex took a sharp fall, dropping 556 points to land at 81,160. The Nifty also dipped, falling under the 24,900 mark and closing at 24,891. What’s dragging the markets down? It’s mainly financial and IT sectors, hit hard by worries about US visa rules and foreign investors pulling out their money. Looking at the Sensex, big names like Trent, Power Grid, Tata Motors, TCS, Asian Paints, and NTPC lost between 2% and 3%. But don’t lose hope — Bharat Electronics, Axis Bank, and Bharti Airtel popped up by around 2%, giving the market a little cushion. IT shares took a hit too, falling over 1%. In the smaller corners of the market, small-cap and mid-cap indices fell by about 0.6%. Interestingly, metals were the shining stars today! Hindustan Copper shot up 6.3%, thanks to global supply problems shaking things up. Zooming out to the world stage, global markets paused as bond yields nudged higher. Everyone’s eyes are on upcoming important Fed speeches, GDP updates, and jobless claims. Europe’s STOXX 600 slipped a tiny 0.3%, Asia took a breather after a strong September, and MSCI Asia-Pacific also dipped by 0.1%. Japan’s Nikkei, however, saw a small rise of 0.2%. Meanwhile, Chinese tech stocks kept partying with an eight-week winning streak powered by excitement over AI. Oil prices cooled off a bit on Thursday. Brent crude fell 0.35% to $69.07, and WTI dropped 0.48% to $64.68 after reaching seven-week highs on Wednesday. Profit booking, worries about weaker US stocks, slower winter demand, and the return of Kurdish crude supplies played their part. Closer to home, the Indian rupee stood firm, trading almost flat at 88.6650 against the US dollar. This was helped by possible action from the Reserve Bank of India, even as weak stock markets and foreign money leaving put some pressure on it. The dollar index slipped slightly by 0.07% to 97.80. So, India’s losing streak on the stock front continues, but there are glimmers of hope in metals, oil prices, and global trends. Keep watching this space for the next big moves in the market!
Tags: Indian stock market, Sensex, Nifty, Foreign outflows, It stocks, Oil prices,
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