Equity markets experienced a significant surge during the afternoon trading session on Wednesday, buoyed by strong investor confidence following trade discussions between the U.S. and India. Market participants are keenly awaiting the results of the U.S. Federal Reserve’s policy meeting scheduled for later today.
The Nifty 50 index surpassed the 25,300 mark, with the Sensex gaining over 360 points. This rally was largely attributed to strong performances in the financial, automotive, information technology, and oil & gas sectors.
At nearly half an hour before market close, the Sensex was trading 310.09 points, or 0.38 percent higher, at 82,690.78, while the Nifty was up 89.50 points, or 0.35 percent, at 25,328.60. Notably, the smallcap index outperformed its midcap counterpart, advancing 0.74 percent versus a modest rise of 0.17 percent in the midcap index. The smallcap rally was principally driven by gains in defense stocks, with the defense index rising over 2 percent.
The Nifty PSU Bank index led sectoral gains, with modest increases observed in IT, automotive, and oil & gas stocks, while declines were noted in healthcare, metals, consumer durables, and pharma sectors.
Top Gainers and Losers Intraday:
Within the Sensex constituent stocks, Tata Consumer Products, Bharat Electronics, Trent, Kotak Mahindra Bank, State Bank of India, Hero Motocorp, and Maruti were among the top gainers. Conversely, shares of Titan, Tata Steel, Nestle, ITC, Bajaj Finserv, and Power Grid saw declines.
Out of the 3,024 stocks traded on the National Stock Exchange, 1,827 advanced, 1,107 declined, and 90 remained unchanged. A total of 72 stocks, including JSW Steel, Manappuram Finance, izmo, Dalmia Bharat, and Aadhar Housing Finance, reached their 52-week highs, while 19 stocks recorded 52-week lows. Additionally, 89 stocks, including Ramco Systems, were on the upper circuit limit, with 31 on the lower circuit.
Midcap and Smallcap Movers:
Within the midcap segment, stocks such as Aditya Birla Fashion, Kalyan Jewellers, Cochin Shipyard, Bank of Maharashtra, and KPIT Tech saw gains of 3-5 percent. Meanwhile, Vodafone Idea, NHPC, Marico, Glenmark, and Aditya Birla Capital fell slightly by over 1 percent.
In the smallcap index, GRSE, MCX, Zen Tech, IFCI, and Data Patterns led increases, gaining 4-7 percent, while Godfrey Phillips, IndiaMart, Welspun Corp, Devyani International, and PPL Pharma dropped by 1-2 percent.
On the Bombay Stock Exchange (BSE), KNR Constructions, PC Jeweller, GRSE, Dhani, and Shaily Engineering saw a surge of 6-8 percent, while stocks such as Moschip, Home First, Gland Pharma, Britannia, and Jubilant Pharma depreciated by 2-3 percent.
Published on September 17, 2025.
