Market Recap: 29th September, 2025
📈 Top Gainers & Losers (Nifty 500)
Here’s a quick look at today’s champions and laggards:
🔼 Top Gainers
Wockhardt: +17.05% | ₹1,564.40
Sammaan Capital: +11.94% | ₹154.27
Redington: +9.97% | ₹291.24
🔽 Top Losers
Firstsource Solutions: −7.18% | ₹326.35
Jindal Stainless: −6.52% | ₹737.70
Cochin Shipyard: −5.45% | ₹1,772.00
🗞 Stock News Highlights
Power Finance Corporation (+2.26%): Stock rises as the company signs a ₹4,829 crore deal with Bhutan-based Kholongchhu Hydro Power, marking its first cross-border hydropower financing.
Tata Power (+1.11%): Signs MoU with VE Commercial Vehicles, expanding charging network and driving faster adoption of clean commercial transport.
Lupin (+0.70%): Stock positive after subsidiary acquires VISUfarma BV for €190 million, boosting European market presence.
Sunteck Realty (+3.02%): Stock rises as the company launches Emaance brand, planning ₹20,000 crore ultra-luxury projects in Mumbai and Dubai.
🏢 Sectoral Performance
PSU Bank | Nifty PSU Bank (+1.78%): Gains as PSBs report record ₹1.5 trillion profits in FY25, net NPAs at 0.5%, and strong 12% loan growth.
Oil & Gas | Nifty Oil & Gas (+1.35%): Index up as BPCL, HPCL, and IOC benefit from steady fuel pricing and reforms.
India Defence | Nifty India Defence (-1.43%): Declines for the second consecutive day on profit booking and high valuations, pressuring defence stocks.
Media | Nifty Media (-0.85%): Index falls for the fifth consecutive trading session, reflecting weakness in the media sector.
🔍 Market Insights
Technical Level: Market rallied early, met resistance at 24,800, retraced to 24,600 support, and ended the day flat.
Advance-Decline Ratio: Mixed sentiment prevails with 1,497 advancers against 1,578 decliners.
The Big Picture: Multiple reports suggest a 25 bps rate cut, though RBI’s MPC may maintain status quo amid steady growth and low inflation.
FII/DII Activity (Sep 26, 2025): Foreign investors sold ₹5,687 crore, offset by domestic institutions buying ₹5,843 crore, keeping markets stable.
🔮 Watch Out For Tomorrow
IPO Corner: Pace Digitek IPO subscription concludes tomorrow, with Advance Agrolife starting the same day.
Macro: China NBS Manufacturing PMI and US JOLTs Job Openings scheduled for release tomorrow.
Index Watch: Nifty decline continues for 7 consecutive trading sessions leaving investors wondering when the slide will finally end.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.