The key equity benchmarks ended higher on Friday, September 25, supported by value buying after the sharp decline in the previous session. According to reports from Business Standard, the S&P BSE Sensex advanced 315.20 points or 0.43% to 73,895.74, while the Nifty 50 index added 77.40 points or 0.34% to 23,140.50. The 50-unit index had fallen 1.64% in the previous session, indicating a recovery from recent weakness. As per Business Standard, the Sensex rose as much as 388 points during intraday trading and touched an intraday high of 23,163, before settling at 73,896. For most of the day, the benchmarks traded in a narrow range but broke out of the range on the upside in noon deals as private sector lenders and auto stocks came under buying interest. According to The Economic Times, the Indian stock market closed in the green on Friday, with Sensex and Nifty rising up to 0.4% a day after the sharp crash that wiped out a significant portion of investors' wealth.
Buying interest in select domestic-focused sectors, particularly consumer durables and auto stocks, helped the benchmarks recover, while IT and healthcare stocks declined. As reported by Business Standard, Axis Bank (up 3.03%), Mahindra & Mahindra (up 1.75%) and HDFC Bank (up 0.92%) boosted the Nifty higher. In the broader market, the BSE 150 MidCap Index declined 0.25% and the BSE 250 SmallCap Index shed 0.01%. Market breadth remained positive with 2,257 shares rising and 2,079 shares falling on the BSE. According to The Economic Times, 10 of 15 major sector gauges compiled by the National Stock Exchange (NSE) ended higher, led by the NIFTY Consumer Durables index's 1% gain. NIFTY Realty, Auto, Private Bank, PSU Bank, Metal, FMCG, Financial Services and Bank indices also rose between 0.4% and 0.9%, while IT, media, pharma, healthcare and oil & gas shares witnessed selling pressure. Latest reports indicate that Axis Bank shares jumped around 3% to lead gains on Sensex, while M&M and Asian Paints shares rose around 2% each. Bajaj Finance, HCL Tech and Titan shares meanwhile gained over 1% each, but Trent and Infosys shares fell around 1% each. According to The Economic Times, Whirlpool India, Engineers India, Welspun Corp, Balrampur Chini, Kaynes Tech, HBL Power and HEG were among the stocks that witnessed strong buying interest.
According to Business Standard, US Dow Jones index futures were up 186 points on Friday, pointing to a higher opening for US stocks. European equities snapped back on Friday, recovering from a near one-week low in the prior session, as recent decline in crude oil prices offered relief to energy-intensive sectors. Meanwhile, Asian stocks ended mixed on Friday, tracking a mixed close on Wall Street as a sharp rise in US Treasury yields kept investors cautious. Markets in China and South Korea were closed for a holiday. According to The Economic Times, US stocks ended higher on Friday, with the S&P 500 rising 0.51%, Nasdaq 0.48% and Dow Jones 0.93%, as Microsoft and other AI-related stocks gained. Microsoft rose 3.7% after unveiling new Copilot capabilities, while Qualcomm and Dell advanced 4% and 5% respectively. The S&P 500 rose 1.2% for the week, while the Nasdaq gained 2%. European shares ended higher on Friday, with the STOXX 600 gaining 0.4% and rising 0.5% for the week, snapping a three-week losing streak as oil prices retreated and hopes of a Middle East truce supported sentiment.
In the commodities market, Brent crude for November 2026 settlement tumbled $1.10 or 1.03% to $105.50 a barrel, as reported by Business Standard. The US Dollar Index (DXY) was down 0.24% to 101.04, while the rupee edged higher against the dollar, hovering at 95.8050 compared with its close of 95.9925 during the previous trading session. The yield on India's 10-year benchmark federal paper shed 0.15% to 7.100. According to The Economic Times, Brent crude stayed above $100 a barrel and the 10-year US Treasury yield hit a 19-year high of 5.196%, keeping the market recovery capped. Sentiment remained cautious as elevated crude prices and bond yields at elevated levels kept the market recovery capped, noted Vinod Nair, Head of Research at Geojit Financial Services.
According to market experts, the ability of benchmark indices to sustain above the psychologically important 23,000 level reflects domestic resilience and support from strong domestic liquidity. As per Business Standard, NSE saw 1,925 advances against 1,594 declines, while 128 stocks remained unchanged, indicating mixed but overall positive sentiment. According to The Economic Times, out of the 3,647 stocks that traded on the NSE on Friday, 1,925 stocks witnessed advances, 1,594 stocks saw declines while 128 stocks remained unchanged. Axis Bank shares jumped around 3% to lead gains on Sensex, while M&M and Asian Paints shares rose around 2% each. Nifty Auto and Nifty Consumer Durables gained nearly 1% each, while Nifty IT, Nifty Pharma and few others slipped into the red. Market analysts note that while elevated oil prices and global yields may continue to temper risk appetite in the near term, improving valuations and resilient domestic growth prospects are encouraging selective accumulation, helping the market absorb external pressures more effectively. As per The Economic Times, while elevated oil prices and global yields may continue to temper risk appetite in the near term, improving valuations and resilient domestic growth prospects are encouraging selective accumulation.
