The Indian equity market indices, Nifty and the BSE Sensex, ended lower on Monday, marking their seventh straight session of losses. The weakness was led by selling pressure in auto, IT, and pharma stocks, keeping sentiment subdued.At close, the Sensex was down 61.52 points or 0.08 percent at 80,364.94, and the Nifty was down 19.80 points or 0.08 percent at 24,634.90.
Eternal, Bharat Electronics, IndusInd Bank, Titan Company, Wipro were the top gainers on the Nifty,while losers included Axis Bank, Maruti Suzuki, L&T, Apollo Hospitals, Dr Reddy's Labs.On the sectoral front,oil & gas, PSU Bank, energy, realty added 1 percent each, while media index shed nearly 1 percent.BSE Midcap index rose 0.3 percent, while smallcap index down marginally.
Rupee Close:
On 29 Sep'25,the Indian rupee consolidated in a narrow range and settled for the day lower by 7 paise to close at 88.76 against the US dollar on Monday, on persistent foreign capital outflows and rise in risk-off sentiments.Forex traders said rupee is hovering near its all-time low level as investors remained concerned over global trade uncertainties and impact of US visa fee hike on India's IT services exports.Moreover, the Reserve Bank of India (RBI) policy meeting outcome on October 1, is expected to influence rupee and government bond movements.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated,the domestic market concluded a volatile session on a flat note as investors turned more cautious ahead of a holiday-led truncated week and continued FII selling. Lack of clarity in the US-India trade deal and prolonging pressure on IT & pharma indices are near-term concerns for the market.Investors await the RBI policy outcome this week; the central bank is expected to keep the rates unchanged to contain volatility in the rupee. The supportive fiscal measures and a stronger demand outlook for H2FY26 may lead the central bank to upgrade its FY26 GDP growth forecast.
Market experts recommended five stocks to buy on Monday- Hemisphere Properties India, Gandhi Special Tubes, E2E Networks, Dr. Agarwal's Health Care, and Lumax AutoTechnologies.
(Business Correspondent)
Ira Singh





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