Sensex and Nifty Close Higher as Global Market Optimism Lifts Investor Sentiment

 


Indian equity markets ended the trading session on September 9, 2025, with notable gains, driven by strong global cues and renewed investor confidence. The BSE Sensex rose by 314 points, closing at 81,101.32, while the NSE Nifty 50 advanced 95.45 points to settle at 24,868.60. Both indices posted a gain of approximately 0.39%, continuing their upward trajectory for the second consecutive session.

Global Momentum Fuels Domestic Rally

The rally was largely supported by positive developments in global markets, particularly in the United States and Asia. Investors are increasingly optimistic about the possibility of interest rate cuts by the U.S. Federal Reserve, which could improve liquidity conditions and support risk assets worldwide. The Nasdaq Composite’s recent record high has further boosted sentiment across emerging markets, including India.

Asian indices also traded higher, reflecting a broader wave of optimism. This global momentum provided a strong foundation for domestic equities to build on, especially in sectors that are sensitive to global trends such as technology and finance.

Sector Performance and Key Movers

The Indian IT sector led the charge, with major players like Infosys, Tech Mahindra, and HCL Tech posting robust gains. Infosys surged over 5%, driven by speculation around a potential share buyback and strong demand for its digital services. The banking sector also contributed to the rally, with Bajaj Finserv and Adani Ports among the top gainers.

Other sectors showed mixed performance. Cement stocks remained subdued, while select auto stocks like Eicher Motors faced mild profit booking. Overall, the market breadth was positive, with more advancing stocks than declining ones.

Technical Indicators and Market Outlook

From a technical standpoint, the Nifty 50 is approaching a key resistance zone between 24,900 and 25,000. A breakout above this level could signal the beginning of a new bullish phase, with potential upside targets in the range of 25,300 to 25,500. Support levels are currently seen at 24,620 and 24,710, offering a cushion against short-term volatility.

The Sensex, meanwhile, has established support around 80,300 to 80,500, and analysts are watching for sustained movement above 81,200 to confirm continued strength.

Broader Market Trends

The broader market reflected healthy participation. Out of over 4,200 stocks traded on the Bombay Stock Exchange, 1,995 advanced, 2,120 declined, and 157 remained unchanged. Notably, 144 stocks hit new 52-week highs, indicating strong momentum in mid-cap and small-cap segments.

Foreign institutional investors (FIIs) were net sellers, offloading shares worth ₹2,169 crore, while domestic institutional investors (DIIs) stepped in with net purchases totaling ₹3,014 crore. This dynamic suggests that domestic confidence remains strong, even as global investors adopt a more cautious stance.

With the Nifty nearing a breakout level and the Sensex maintaining upward momentum, market participants are closely monitoring macroeconomic signals and policy developments. The upcoming U.S. Federal Reserve meeting, domestic inflation data, and corporate earnings will play a crucial role in shaping short-term trends.

For now, the mood remains cautiously optimistic. If global conditions continue to support risk assets and domestic fundamentals hold steady, Indian equities may be poised for further gains in the weeks ahead.

Post a Comment

💬 Feel free to share your thoughts. No login required. Comments are moderated for quality.

Previous Post Next Post

Contact Form