IT Drag Pulls Markets Lower, But GST, Monsoon, and Consumption Support Buoyant Sentiment

📰Daily Market Wrap-Up by Stock Whisperers- September 22, 2025

Author

thestock whisperers
September 22, 2025

September 22, 2025

📈 Market Overview:

Market Overview

Summary of the Day's Market Performance

  • The Sensex fell 466.26 points (-0.56%) to close at 82,159.97, ending on a weak note.

  • The Nifty dropped 124.70 points (-0.49%) to 25,202.35, hovering around 25,200.

  • Midcap and Smallcap indices shed 0.7%-0.9% each, reflecting broader profit-taking.

  • IT fell 2.7%, Pharma down 1.2%, while Power rose 1.6%, Oil & Gas and Metal gained 0.4% each.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹2,910.09 crore

  • Domestic Institutional Investors (DII): Bought ₹2,582.63 crore

DII inflows mitigated some of the FII outflows, but couldn’t prevent the decline.

📊📑 Important Observations and Market Sentiments: Editor Special

  • The domestic market weakened amid a sharp rise in H-1B visa costs, pressuring the IT index, with mid- and small-cap stocks seeing profit booking after recent gains. GST rationalization (effective today), a normal monsoon, lower interest rates, and tax incentives are expected to boost consumption, aligning valuations with growth.

  • Foreign investors are gradually turning buyers, anticipating H2FY25 earnings upgrades, with consumption sectors likely to draw focus. Analysts expect Nifty to consolidate around 25,000–25,300, with support at 25,000—monitor trade talks and IT sentiment.

❓ DO YOU KNOW?

The U.S. H-1B visa fee hike, effective today, raises the base cost to $1,500 (from $460) and adds a $600 fraud fee, impacting Indian IT firms like TCS, which recently announced layoffs.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Adani Enterprises, Bajaj Auto, Eternal, Adani Ports, and Bajaj Finance

  • Top Losers: Tech Mahindra, TCS, Infosys, Wipro, and Cipla

  • H-1B visa cost hike sent the Nifty IT index down 3%, with Tech Mahindra, TCS, Infosys, and Wipro hit by sluggish Q1 earnings and U.S. slowdown fears.

  • Swiggy stock fell 2%, ending a five-day rally, as JM Financial flagged balance sheet concerns and the need for a larger fund raise.

  • Adani Group stocks rose for the second day, with Adani Power hitting a 15-month high; Jefferies reiterated a ‘buy’ on Adani Enterprises (target ₹3,000, +25% upside).

  • Bajaj Auto gained 2% after offering 50% more financing benefits on motorcycles under 350cc, beyond GST cuts.

  • SCI, GRSE, Cochin Shipyard, and Mazagon Dock rose up to 5% after the government granted infra status to large ships on September 19.

  • GQG sold a 1% Adani Power stake ($250 million) to Citadel Securities and SBI Fund, per reports.

  • Avanti Feeds and Apex Frozen fell up to 3% as U.S. Senators proposed the India Shrimp Tariff Act to counter shrimp dumping.

  • RailTel Corporation gained a ₹18 crore contract win from Dredging Corporation of India.

Markets Ride Fed Cut Wave, All Eyes on India–US Trade Talks

Weekly Stock Markets Rundown: September 22-26, 2025

The week of September 22-26, 2025, builds on Nifty's surge above 25,100 and Sensex at 81,904.70, with Fed cut tailwinds and trade deal hopes driving optimism. Goyal's visit to the US (Sep 22) and the US PCE data (Sep 26) will be pivotal, alongside flash PMIs and earnings from Adani Green and HDFC Life. Nifty's bullish setup above 25,000 persists, supported by DIIs despite FII caution; September 24 eyed for momentum. Focus on renewables, consumer, insurance, and industrials amid easing inflation and global positivity.

👀Stocks to Focus:

  • Adani Enterprises: Group momentum to monitor.

  • Tech Mahindra: IT visa impact to watch.

  • Bajaj Auto: Financing benefits to observe.

📝Summary:

Indian markets fell 0.49%, with Nifty at 25,202, as H-1B visa hikes hit IT amid profit booking. Power and Adani stocks gained, while IT lagged. DII buying offsets FII outflows—focus on trade talks and consumption trends!

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.