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EQUITY
Post Session: Quick Review
Sep-25-2026

Indian equity markets ended higher on Friday, recovering from the previous session’s losses, as crude oil prices fell amid growing hopes of a US-Iran truce. The easing of geopolitical tensions and optimism over a possible diplomatic solution to the Iran conflict lifted investor sentiment, despite continued attacks in West Asia.

Both the Sensex and Nifty ended the session on a positive terrain, supported by gains across several heavyweight banking, financial and consumer-durables stocks. However, weakness in IT stocks kept the broader markets under some pressure as investors remained cautious about the impact of elevated US bond yields and softer global demand on technology spending.

Some of the important factors in trade:

India’s new FTAs aim to boost investor confidence: Traders took support with Commerce Secretary Rajesh Agarwal's statement that the new free trade agreements (FTAs) finalised by India in the last 5-6 years have been designed to provide comfort to long-term investors looking to invest in global supply chains in India.

India records highest-ever annual FDI inflow of $94.53 billion in FY26: Sentiments remained upbeat as Commerce and industry Minister Piyush Goyal said that India recorded its highest-ever annual Foreign Direct Investments (FDI) inflow of $94.53 billion in the financial year 2025-26 (FY26). Cumulative FDI inflows from FY15 to FY26 reached $843 billion.

Pharma sector’s revenue likely to grow 11-13% in FY27 on strong exports, domestic demand: Traders took note of Crisil Ratings in its latest report has said that India's pharmaceutical sector revenue is likely to grow 11-13 per cent in the current fiscal year (FY27) as compared to 8 per cent a year earlier, driven by exports push and steady domestic demand. 

On the global front: European stocks were trading in the green, while Asian markets ended mixed, following reports that Iran has submitted a proposal to the United States to end their war and reopen the Strait of Hormuz within seven days.

The BSE Sensex ended at 73895.74, up by 315.20 points or 0.43% after trading in a range of 73477.77 and 73968.05. There were 18 stocks advancing against 12 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Consumer Durables up by 1.14%, Auto up by 0.95%, Realty up by 0.65%, Power up by 0.53% and Industrials up by 0.53%, while Healthcare down by 0.50%, Oil & Gas down by 0.25%, Telecom down by 0.23%, TECK down by 0.04%, and Metal down by 0.03% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Axis Bank up by 2.91%, Mahindra & Mahindra up by 2.40%, Asian Paints up by 1.45%, Interglobe Aviation up by 1.17% and HDFC Bank up by 1.05%. On the flip side, Trent down by 1.37%, Infosys down by 1.23%, Kotak Mahindra Bank down by 0.84%, ICICI Bank down by 0.60% and Bharat Electronics down by 0.25% were the top losers. (Provisional)

Meanwhile, India’s CEA V Anantha Nageswaran has indicated that the rupee is unlikely to remain under continuous pressure in the coming years. He noted that the rupee's competitive real effective exchange rate (REER) has contributed significantly to net export growth, and India's trade agreements would provide further momentum to exports and create employment opportunities in export-oriented sectors. He highlighted India’s progress in electronics manufacturing, particularly smartphones, saying the country had gained significantly from the shift in global supply chains away from China. 

Nageswaran has stressed that India's objective should be to build resilience rather than pursue self-reliance in isolation, and the country should aim for ‘diversified abundance’. He suggested identifying areas of fragility and focusing the country’s resources toward building capabilities in strategically important sectors, rather than pursuing them for prestige. Underscoring importance of technology, he said that India needed to strengthen its small and medium enterprises and manufacturing capabilities in areas that are critical to global supply chains. He added that ‘This is what will lead us to the eventual goal of becoming strategically indispensable to the rest of the world by 2047’.

Amid lingering global uncertainties, he noted that unsettled relationship with the United States, state of energy market and also the absence of so-called AI play, which is currently the dominant discourse among investors' minds overseas, were the near-term headwinds for the Indian economy. On the balance of payments, he said it is something that will remain a challenge not just episodically but almost continuously. He suggested building buffers in both the private and government sectors for key commodities, including oil, for at least six months. Besides, he pointed that as imports rise and the country’s dependence on key commodities increases, competition for global capital will also intensify, while higher interest rates in developed countries could further increase this pressure. Hence, the steps taken by the RBI this year was an act of foresight.

The CNX Nifty ended at 23140.50, up by 77.40 points or 0.34% after trading in a range of 23020.95 and 23162.70. There were 34 stocks advancing against 15 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Axis Bank up by 3.03%, Asian Paints up by 2.14%, Mahindra & Mahindra up by 1.75%, Bajaj Finance up by 1.52% and HCL Technologies up by 1.16%. On the flip side, Max Healthcare Inst. down by 3.06%, Tata Motors Passenger down by 1.54%, Infosys down by 1.41%, ONGC down by 1.31% and Trent down by 1.14% were the top losers. (Provisional)

European markets were trading higher; UK’s FTSE 100 increased 35.23 points or 0.33% to 10,715.22, Germany’s DAX gained 226.67 points or 0.9% to 25,493.20 and France’s CAC rose 5.37 points or 0.07% to 8,086.80.

Asian markets ended mixed on Friday, with thin trade as markets in South Korea, Taiwan, and mainland China were closed for public holidays. Market sentiment was under pressure from growing expectations that the Federal Reserve may raise interest rates again in October. However, some support came as crude oil prices fell and the global bond selloff lost momentum, driven by reports that Iran has submitted a proposal to the United States to end their war and reopen the Strait of Hormuz within seven days.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

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--

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Hang Seng

24,510.09

-251.04

-1.01

Jakarta Composite

6,241.89

-56.72

-0.91

KLSE Composite

1,671.62

-0.69

-0.04

Nikkei 225

66,364.20

850.21

1.30

Straits Times

5,711.12

27.75

0.49

KOSPI Composite

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--

--

Taiwan Weighted

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