Shopping cart
Your cart empty!
Sensex Slips 260 Points, Nifty Below 25,400; Adani Stocks Cushion Losses
Benchmark equity indices opened on a weaker note on Friday, dragged down by information technology stocks. The S&P BSE Sensex fell 260.39 points to 82,753.50, while the NSE Nifty50 slipped 56.95 points to 25,366.65 as of 9:29 am.
Despite the broader decline, Adani Group shares provided some relief, with Adani Ports rising 1.60%. Other early gainers included Bharat Electronics (0.66%), Maruti Suzuki (0.29%), Larsen & Toubro (0.27%), and NTPC (0.15%).
On the downside, IT majors weighed heavily on the indices. Tata Consultancy Services dropped 1.00%, HCL Technologies declined 0.98%, Infosys slipped 0.74%, Power Grid lost 0.73%, and UltraTech Cement fell 0.72%.
In the broader market, the Nifty Midcap100 gained 0.19% and the Nifty Smallcap100 edged up 0.10%. Volatility also inched higher, with the India VIX rising 1.44%.
Sectoral trends remained mixed. Nifty PSU Bank (+0.48%), Nifty Oil & Gas (+0.37%), Nifty Pharma (+0.16%), and Nifty Realty (+0.10%) advanced, while Nifty IT (-0.68%), Nifty Private Bank (-0.43%), and Nifty FMCG (-0.28%) declined.
According to Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the market remains well-positioned for further gains despite short-term fluctuations. “Fundamentals, technicals, and sentiments are favourable for a steady uptrend. Earnings are expected to improve from Q3 onwards, and short covering could accelerate the rally,” he noted.
He added that improving prospects of a potential US-India trade agreement and reduced foreign institutional investor (FII) selling may also support bullish sentiment.
17
Published: Sep 19, 2025
All India Story
All India Story is your trusted source for comprehensive and up-to-the-minute news coverage across India. Bringing you the latest on politics, business, technology, entertainment, sports, and more, we are dedicated to keeping you informed with accurate, engaging, and insightful stories from every corner of the nation.
Related to this topic:
ITR Refund Status: Check Online & Reasons for Delay
Sep 19, 2025
