India’s equity markets are anticipated to open relatively unchanged on Tuesday, bolstered by optimism surrounding trade discussions with the United States, which is helping to mitigate concerns regarding increased H-1B visa fees.
As of 07:55 a.m. IST, Nifty futures were trading at 25,256.5 points, suggesting that the benchmark Nifty 50 will launch close to Monday’s closing figure of 25,202.35.
On Monday, both the Nifty 50 and BSE Sensex experienced declines, primarily influenced by significant losses in major information technology stocks, which collectively saw a market value reduction of approximately $10 billion following Washington’s announcement of a $100,000 fee on new H-1B applications.
However, sentiment shifted positively after U.S. Secretary of State Marco Rubio emphasized the importance of the U.S.-India relationship during discussions with Indian External Affairs Minister Subrahmanyam Jaishankar at the UN General Assembly in New York.
“Indian equities are likely to consolidate following the recent gains and Monday’s decline, with attention on Commerce Minister Piyush Goyal’s visit to the U.S. for trade negotiations,” stated Siddhartha Khemka, head of research at Motilal Oswal Financial Services.
Analysts also pointed out that the implementation of goods and services tax (GST) cuts, effective from Monday, could alleviate some concerns associated with trade and visa policies.
Foreign portfolio investors (FPI) shifted to being net sellers of Indian shares after two days of net buying, selling stocks worth ₹29.1 billion (approximately $330 million) on Monday. In contrast, domestic investors continued to be net buyers for the 19th consecutive session, acquiring stocks valued at ₹2,105 crore, according to provisional data from the National Stock Exchange (NSE).
STOCKS TO WATCH
JK Lakshmi Cement has commissioned an additional grinding unit with a capacity of 1.4 million tonnes per annum in Surat, and has completed de-bottlenecking its cement mills at Jaykaypuram.
Brigade Enterprises has entered a joint development agreement to build a residential project in South Bengaluru, with a gross development value of ₹12 billion.
KEC International has secured orders totaling ₹3,243 crore in its international transmission and distribution sector.
Rail Vikas Nigam has emerged as the lowest bidder for a project worth ₹145 crore for the Southern Railway.
Published on September 23, 2025.