Stock markets trade lower after rising in early trade

admin — Tue, 23 Sep 2025 06:12:00 +0000

A vendor walks past by a poster of bear and bull in south Mumbai. File
| Photo Credit: Paul Noronha

Benchmark indices Sensex and Nifty slipped in the negative territory after rising in early trade on Tuesday (September 23, 2025) amid fresh foreign fund outflow and concerns over the steep hike in U.S. H-1B visa fees.

The 30-share BSE Sensex climbed 147.53 points to 82,307.50 in early trade. The 50-share NSE Nifty went up by 48.5 points to 25,250.85.

However, soon after both the benchmark indices turned negative. The BSE benchmark quoted 185.86 points lower at 81,980.47, and the Nifty traded 61.50 points down at 25,135.45.

From the Sensex firms, UltraTech Cement, Titan, Asian Paints, Adani Ports, Trent and Sun Pharma were among the major laggards.

However, Maruti, Mahindra & Mahindra, Tata Motors and Tata Steel were among the gainers.

“Sentiment remains fragile as Trump’s $100,000 ‘one-time payment’ H-1B visa fee and tariff threats weigh on hopes of an India-U.S. trade deal, stirring anxiety in the Nifty IT index,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd., said.

Foreign institutional investors (FIIs) offloaded equities worth ₹2,910.09 crore on Monday (September 22, 2025), according to exchange data.

In Asian markets, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng quoted lower while South Korea’s Kospi traded in positive territory.

U.S. markets ended higher on Monday (September 22, 2025).

Global oil benchmark Brent crude dipped 0.60% to $66.17 a barrel.

“The major drag on the market since the 2024 September peak is the sustained FII selling, which, in turn, is being triggered by the high valuations in India and attractive valuations elsewhere.The high valuation differential between India and other markets have enabled the FIIs to move money from India to other markets and profit from it,” V.K. Vijayakumar, chief investment strategist, Geojit Investments Limited, said.

The scenario will change when India’s corporate earnings start improving, he added.

On Monday (September 22, 2025), the Sensex dropped 466.26 points or 0.56% to settle at 82,159.97. The Nifty declined 124.70 points or 0.49% to 25,202.35.

Published – September 23, 2025 11:42 am IST

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Sensex, Nifty climb in early trade amid positive global cues

admin — Thu, 12 Dec 2024 04:40:06 +0000

Among the 30-share Sensex blue-chip pack, Tech Mahindra, Bharti Airtel, Tata Consultancy Services, Infosys, HCL Technologies and ICICI Bank were the biggest gainers. File
| Photo Credit: Reuters

Equity market benchmark indices Sensex and Nifty climbed in early trade on Thursday (December 12, 2024) driven by buying in IT stocks amid a firm trend in the global peers after U.S. CPI inflation came on expected lines fuelling bets of a 25 basis point rate cut by the Federal Reserve next week.

The 30-share BSE benchmark Sensex climbed 83.73 points to 81,609.87 in early trade. The NSE Nifty went up 12 points to 24,604.45.

Among the 30-share Sensex blue-chip pack, Tech Mahindra, Bharti Airtel, Tata Consultancy Services, Infosys, HCL Technologies and ICICI Bank were the biggest gainers.

Tata Motors, Titan, Larsen & Toubro and Asian Paints were among the laggards.

“Positive cues come from the U.S., where CPI inflation aligned with expectations, fuelled bets of a 25 bps rate cut by the Federal Reserve on December 18,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the green.

Wall Street ended mostly higher on Wednesday.

“The bull run in the US is continuing unabated with Nasdaq setting a new record and closing above 20,000 yesterday. The strength of the mother market, which indicates that the global market rally is intact, is a support for other markets, too.

“Even though the US CPI inflation in November at 2.7% has come a bit above the October numbers, this was on expected lines and, therefore, the expectation of a 25 bps rate cut by the Fed is intact,” V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

In India the November CPI numbers to be released today will be keenly watched, he added.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,012.24 crore on Wednesday, according to exchange data.

Global oil benchmark Brent crude quoted 0.04 per cent up at USD 73.55 a barrel.

The 30-share BSE benchmark rose by 16.09 points or 0.02 per cent to settle at 81,526.14 on Wednesday. The Nifty advanced 31.75 points or 0.13 per cent to settle at 24,641.80.

Published – December 12, 2024 10:10 am IST

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Stock markets trade lower after rising in early trade

Sensex, Nifty climb in early trade amid positive global cues