Nifty Tops 24,950 as IT & PSU Banks Shine; India–US Trade Talks Boost Sentiment

📰Daily Market Wrap-Up by Stock Whisperers- September 10, 2025

Author

thestock whisperers
September 10, 2025

September 10, 2025

📈 Market Overview:

Market Overview

Summary of the Day's Market Performance

  • The Sensex rose 323.83 points (+0.40%) to close at 81,425.15, ending on a strong note.

  • The Nifty gained 104.5 points (+0.42%) to 24,973.10, crossing 24,950.

  • Midcap indices rose 0.9% and Smallcap indices rose 0.6%, reflecting broader market strength.

  • IT index added 2.6%, PSU Bank up 2.2%, and Realty rose 1%, while Auto slipped 1%.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹115.69 crore

  • Domestic Institutional Investors (DII): Bought ₹5,004.29 crore

Strong DII inflows drove the gains, offsetting minimal FII outflows.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Renewed optimism around India-US trade negotiations lifted sentiment, with expectations of stronger H2FY26 earnings driven by GST rationalization (effective September 22) and monetary easing providing valuation resilience. IT stocks outperformed on hopes of a Fed rate cut next week and tech spending revival.

  • Auto stocks faced profit booking after recent gains, while investors eye trade talk progress for a tariff resolution (25% on steel/aluminum). Domestic macros (potential RBI rate cut, robust monsoon) and global cues (Fed expectations) support optimism, though range-bound trading may persist.

  • Analysts expect Nifty to consolidate around 24,900–25,200, with support at 24,800—watch trade talks and Fed policy.

❓ DO YOU KNOW?

India-US trade talks today focused on reducing the 25% tariff on steel/aluminum, with a potential interim deal by month-end that could boost export sectors like IT and Pharma.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Bharat Electronics, Wipro, HCL Technologies, Bajaj Finance, and TCS

  • Top Losers: M&M, Hero MotoCorp, Bajaj Auto, Maruti Suzuki, and Tata Motors

  • Bharat Electronics (BEL) surged 4.58% to ₹389.00 with over 2.31 crore shares traded, driven by defense sector strength.

  • Wipro rose 2.63% to ₹255.71, boosted by IT rally and buyback optimism.

  • HCL Technologies gained 2.60% to ₹1,464.20, supporting the IT index’s 2.63% rise.

  • HDFC Life Insurance advanced 2.21% to ₹777.90, reflecting insurance sector gains.

  • Mahindra & Mahindra (M&M) fell 2.36% to ₹3,609.00 due to profit-taking and slower auto demand concerns.

  • Maruti Suzuki dropped 1.50% to ₹15,134.00 amid auto profit-taking and rising costs.

  • Kotak Mahindra Bank rose 1.5% after Sumitomo Mitsui offloaded a 1.62% stake via block deal.

  • Vikram Solar surged 5% after a 484% YoY Q1 FY26 profit rise to ₹133.4 crore and 80% revenue growth to ₹1,133.6 crore.

  • MTAR Technologies jumped over 4% after securing ₹386.06 crore in international clean energy orders.

  • Oracle Financial Services Software soared over 10% after Oracle Corp’s ambitious cloud outlook.

  • Sun Pharma was in focus after the USFDA flagged its Halol facility with an ‘official action indicated’ status.

  • Yes Bank gained attention as the RBI cleared board restructuring tied to the Sumitomo-SBI deal.

  • Vodafone Idea was in focus after filing a fresh Supreme Court plea over AGR dues.

  • Dev Accelerator Ltd’s IPO opened with a ₹56-61 price band, targeting ₹143 crore in real estate.

Markets Eye 25,000 Amid GST Boost and Global Rate-Cut Hopes; CPI, ECB in Focus This Week

Weekly Stock Markets Rundown: September 08-12, 2025

The week of September 8-12, 2025, follows gains with Sensex at 80,710.76 and Nifty at 24,741, driven by GST levy reductions favoring autos and metals. Consolidation expected in 24,500-25,000 (Nifty), with volatility from ECB rate decision (Sep 10), US CPI (Sep 11), and India CPI (Sep 12). FII outflows persist, but DII support aids stability; trade truce hopes and exemptions mitigate tariff risks. Focus on infrastructure, metals, banking, and autos for opportunities amid global easing signals.

👀Stocks to Focus:

  • Infosys: IT momentum to monitor.

  • M&M: Auto sector correction to watch.

  • Vikram Solar: Earnings strength to observe.

📝Summary:

Indian markets rose 0.42%, with Nifty at 24,973, lifted by IT and trade talk hopes. PSU Banks and Realty gained, while Auto lagged. DII buying drove gains—focus on Fed rate cut and trade deal progress!

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