NEWS UPDATE 25 SEPTEMBER

 📉 Market Snapshot & Key Trends

• Indian equity markets opened lower and traded under pressure, extending losses to the fifth straight session. The Economic Times+2Reuters+2
• The Nifty 50 slipped about 0.1 %, closing around 25,032.3. Reuters
• The BSE Sensex fell roughly 0.11 %, ending near 81,629.98. Reuters
• Persistent foreign portfolio outflows weighed heavily. Reuters+1

Driving Factors / Market Sentiment

• A major drag came from U.S. visa policy changes — the introduction of a $100,000 fee on new H-1B visa applications raised concerns about Indian IT firms doing business in the U.S. Reuters+1
• Foreign institutional investors (FIIs) remained net sellers. For example, on one day alone they offloaded equities worth ₹24,260 million. Reuters+1
• Against this, energy stocks saw modest strength (up ~0.4 %) thanks to rising crude prices. Reuters
• The rupee hovered near record lows (≈ ₹88.74 / USD), with the RBI intervening in spot and forward markets to provide support. Reuters

Sector & Stock Highlights

• IT stocks were notably weak, pressured by the U.S. visa developments. Reuters+1
• Auto stocks underperformed; Tata Motors dropped ~2.5%, partly due to cyberattack reports at its JLR unit. Reuters
• On the positive side, consumer goods saw gains (~+0.3 %) after HSBC upgraded Britannia and Nestlé. Reuters
• Fineotex Chemicals jumped ~14.3% ahead of an upcoming board meeting (dividend, bonus issue, stock split) Reuters
• Newgen Software gained ~5% after signing two new contracts. Reuters

🔍 Outlook & What to Watch

• Market participants are cautiously watching the 25,000 mark on Nifty as a key support level. Breach below that could invite more selling pressure. mint+1
• Analysts believe trading may remain choppy and range-bound in the near term, given weak global cues and continued FII outflows. mint+2The Economic Times+2
• On the upside, the next resistance levels for the Sensex are projected around 82,000–82,300. mint
• Important upcoming data and developments to monitor:
• Global macro / U.S. inflation & rate cues
• Further FII flows
• Domestic policy moves or reforms
• Sector-specific earnings / contract wins