Nifty near 25,170, Sensex declines marginally by 0.08%

The Indian equities extended losses for a third day on Tuesday,weighed down by mounting concerns over higher U.S. H-1B visa costs despite support from auto makers riding on festive-season demand. At the close, the Sensex was down 57.87 points or 0.07 percent at 82,102.10, while the Nifty 50 slipped 32.85 points or 0.13 percent to 25,169.50.
IndusInd Bank,JSW Steel , Axis Bank , Bajaj Finance   SBI ,Adani Enterprises,and  Maruti Suzuki ,NTPC were the top gainers on the Nifty while losers included Trent , Tech Mahindra ,SBI Life Insurance , HUL , UltraTech Cement , HDFC Life , Nestle India , Asian Paints , Hero MotoCorp and Cipla.On the sectoral front,The Nifty Metal index gained 1 percent, buoyed by Nomura's bullish outlook on the sector as Chinese production cuts and resilient domestic demand are expected to lift earnings. JSW Steel and Tata Steel stocks were among the key beneficiaries, according to information.
Rupee Close: 
On 23 Sep'25,the Indian rupee ended 44 paise lower to close at 88.75 against the US dollar on Tuesday,as the US visa fee hike and trade policy uncertainty weighed on sentiment.
Trading Guide: 
Vinod Nair, Head of Research at Geojit Investments stated,the domestic equity market traded rangebound and ended flat, indicating continuation of the consolidation, while broader sentiment stayed cautious, with small-cap and mid-cap stocks lagging the benchmarks. The rupee hit a record low amid persistent FII outflows, exacerbated by ongoing concerns over US tariffs and a widening trade deficit. Global uncertainties and prospects of a Fed rate cut boosted gold’s safe-haven appeal. On the positive side, strong production data from the eight core industries underscores the resilience of the domestic economy, supporting optimism around external challenges.
Market experts recommended five stocks to buy on Tuesday-IFB Industries, Borosil Renewables, Balaji Telefilms, Marathon Nextgen Realty, and Talbros Automotive Components.

(Business Correspondent)