🌆 Indian Stock Market Closing Highlights
The Indian stock market ended flat to slightly negative on Monday, September 29, 2025, as investors turned cautious ahead of the RBI
Monetary Policy Committee (MPC) meeting.
Despite global optimism and strength in select sectors like PSU banks and oil & gas, the indices failed to sustain higher levels due to persistent selling in private banks, auto, and FMCG stocks.
Nifty 50 closed at 24,634.90, down 19.80 points (-0.08%).
Sensex settled at 80,364.94, down 61.52 points (-0.08%).
Bank Nifty underperformed, closing near the 54,800 zone, weighed by private banking names.
This was a day of consolidation, with bulls defending support zones but lacking momentum for a decisive rally.
🏆 Top 5 Gainers
Despite the market’s muted close, select stocks outperformed:
1.Bharat Electronics (BEL) – Gained on strong defense order flow and government capex optimism.
2.Oil India – Rose as crude oil prices eased, improving refining and marketing margins.
3.IndusInd Bank – Outperformed banking peers, supported by credit growth expectations.
4.Titan Company – Buying interest seen on festive season demand outlook.
5.SBI – Continued to attract investors due to PSU banking sector strength.
These names stood out as pockets of strength, drawing attention from swing traders and short-term investors.
📉 Top 5 Losers
On the flip side, pressure was visible in high-weightage names:
1.Maruti Suzuki – Dropped ~1.7% on weak auto sales expectations.
2.Axis Bank – Fell amid profit-booking and weaker sentiment in private banks.
3.Bharti Airtel – Corrected on valuation concerns after a strong run.
4.ICICI Bank – Lost ground in sync with overall banking weakness.
5.Larsen & Toubro (L&T) – Declined due to muted infra sentiment and profit booking.
These losses prevented the market from holding early gains and capped upside momentum.
🏦 Sectoral Performance
The day witnessed sector rotation rather than a broad-based trend.
Gainers:
PSU Banks – Led the market with strength in SBI and Bank of Baroda.
Oil & Gas / Energy – Boosted by lower crude and strong refining outlook.
Laggards:
FMCG – Hindustan Unilever dragged the index lower.
IT & Pharma – Extended weakness due to global headwinds and regulatory concerns.
Auto – Maruti’s correction hurt sector sentiment.
This mix indicates investors are preferring value pockets like PSU and energy while reducing exposure to overbought sectors.
⚡ Market Volatility (India VIX)
The India VIX closed at 11.43, higher compared to last week’s ~9.9 levels.
This rise in volatility signals cautious sentiment and the potential for larger intraday swings in coming sessions, especially with RBI’s policy outcome on the horizon.
📊 Technical View –
Support & Resistance Levels
🔹 Nifty 50
Immediate Support: 24,500 – 24,300
Immediate Resistance: 24,800 – 24,900
A sustained close above 24,800 could trigger a rally toward 25,100, while a break below 24,500 may extend weakness toward 24,150.
🔹 Bank Nifty
Support: 54,500 – 54,000
Resistance: 55,500 – 56,000
The index remains in a fragile zone; PSU banks are showing resilience, but private banks remain a drag.
🔹 Sensex
Support: 80,000 – 79,500
Resistance: 82,000 – 82,500
Until Sensex reclaims 82,000 levels, upside may stay limited.
🌟 Stock of the Day – IndusInd Bank
Among today’s movers, IndusInd Bank stood out as the Stock of the Day.
Despite pressure on private banks, IndusInd showed relative strength. Traders should track resistance near ₹1,750; a breakout could extend gains toward ₹1,800+. On the fundamental side, the bank benefits from robust retail loan growth and strong asset quality trends.
This resilience makes IndusInd a stock to watch for both swing trades and medium-term investment opportunities.
📌 Closing Thoughts
The flat close hides the underlying sector choppiness – with PSU banks and energy offsetting losses in auto, FMCG, and IT.
Rising VIX warns of increased volatility ahead of the RBI policy meeting.
Support zones are holding for now, but bulls need to reclaim resistance levels to regain momentum.
Trading Strategy:
Short-term traders can look for buying opportunities on dips in PSU banks, energy, and select midcaps.
Avoid chasing weak sectors like IT and auto until a reversal signal appears.
Investors should stay selective, focusing on quality large caps and growth stocks with earnings visibility.
👉 The coming sessions will be crucial as policy cues and global headlines will decide whether the market stabilizes or extends its correction.