Market News
4 min read | Updated on September 24, 2025, 08:58 IST
SUMMARY
In Tuesday's session, the Indian equity markets fell for a third straight session dragged down by losses in index heavyweights like HDFC Bank, ICICI Bank, Hindustan Unilever, Bharti Airtel, ITC, Ultratech Cement and Eternal.
Most of the Asian markets were trading lower taking cues from a weak closing of the US markets. Image: Shutterstock
The Indian equity benchmarks are set to open lower as indicated by NIFTY futures traded at Gift City in Ahmedabad amid weak cues from global markets. As of 7:15 am, the Gift NIFTY futures fell 0.1% or 21 points to 25,195.
In Tuesday's session, the Indian equity markets fell for a third straight session dragged down by losses in index heavyweights like HDFC Bank, ICICI Bank, Hindustan Unilever, Bharti Airtel, ITC, Ultratech Cement and Eternal. The SENSEX fell as much as 383 points and NIFTY50 index touched an intraday low of 25,085.
Most of the Asian markets were trading lower on Wednesday taking cues from a weak closing of the US markets after comments from US Federal Reserve Chair Jerome Powell gave little hints about the future path of rate cuts.
Japan's Nikkei fell 0.5%, Singapore's Straits Times declined 0.2% and South Korea's KOSPI dropped 0.95%. While Hong Kong's Hang Seng rose 0.4% and China's Shanghai Composite advanced 0.21%.
Overnight, US stocks snapped their three-day winning streak on Tuesday as investors resorted to profit booking in recent outperforming shares from the big tech space.
Investor sentiment also turned negative after Powell said that the central bank needed to continue balancing the competing risks of high inflation and a weakening job market in coming interest rate decisions, even as his colleagues staked out arguments on both sides of the policy divide, news agency Reuters reported.
Tech-heavy Nasdaq dropped 0.95%, S&P 500 fell 0.55% while Dow Jones managed to end 0.13% higher.
Foreign institutional investors (FII) sold shares worth ₹3,551.19 crore on Tuesday while domestic institutional investors bought shares worth ₹2,670.87 crore, data from the National Stock Exchange showed.
The FIIs have so far this month sold shares worth ₹8,788 crore and for the calendar year they have been net sellers to the tune of ₹1,39,423 crore, as per data from the National Securities Depository Limited (NSDL).
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With this move, people across tiers will be able to easily browse, compare, and order the Lloyd Kolors Refrigerator The refrigerator will be available on Flipkart and other channels of distribution at price starting ₹18,990, Havells said in a regulatory filing.
NIFTY50 now looks at the support of the 21 EMA level of ₹25,032. According to the experts, the index posted a doji candlestick pattern on the daily charts, indicating indecisiveness for its direction. However, global cues indicate a downward trend in the index for Wednesday.
On the options data front, the initial buildup for 30th September expiry indicates 25,500 as a crucial resistance level with the highest open interest on the call side. On the other hand, the 25,000 puts hold the highest open interest, indicating the near-term support for the index.
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