Equity benchmark indices fell sharply on Friday, retreating from a recent rally fueled by anticipated US Federal Reserve rate cuts and trade discussions. Despite this broader market downturn, shares of the Adani Group surged following the Securities and Exchange Board of India’s (SEBI) dismissal of specific allegations made by short-seller Hindenburg against the conglomerate.
The Sensex dropped over 520 points but later traded 374.43 points, or 0.45 percent, lower at 82,639.53 around 1:39 PM. The Nifty 50 experienced a decline of 85.55 points, or 0.34 percent, to settle at 25,338.05. Early trading saw the Nifty dip to the 25,280 mark, while the Sensex reached as low as 82,480.
Midcap and smallcap indices showed minimal movement, registering slight increases of 0.15 percent and 0.10 percent, respectively. Sector performance was mixed, with PSU banks leading the gainers with a 1.5 percent rise. In contrast, sectors such as IT, consumer durables, private banking, FMCG, automotive, and healthcare posted declines, while oil & gas, pharma, metal, and real estate showed modest advances.
Top Gainers & Losers of Nifty 50
Notable gainers on the Nifty 50 included Adani Enterprises, Adani Ports, Shriram Finance, Asian Paints, and State Bank of India, which saw rises of 1 to 6 percent. Conversely, companies like HCL Tech, Titan, ICICI Bank, Infosys, and Nestle India experienced declines of just over 1 percent.
On the Nifty PSU Bank index, Union Bank, UCO Bank, Canara Bank, PSB, and Punjab National Bank were among the top gainers.
Throughout the trading session, 3,042 stocks were exchanged, with 1,483 advancing, 1,446 declining, and 113 remaining unchanged. The day saw a total of 62 stocks, including prominent names like Adani Power, Eicher Motors, and Hyundai, reach their 52-week highs, while 25 stocks hit their 52-week lows. Additionally, 80 stocks were locked in the upper circuit, while 40 faced lower circuit limits.
Midcap & Smallcap Movers
In the midcap category, Vodafone Idea surged nearly 10 percent. Other significant movers included IREDA, Vishal Mega Mart, Union Bank, and BHEL, which rose around 3 percent. On the downside, shares of SBI Cards, Tube Investments, Max Healthcare, Page Industries, and Exide Industries fell by a little over 1 percent.
In the smallcap segment, shares of Anant Raj and Redington increased by 6 to 8 percent, while Affle, Aster DM, and IDBI recorded gains of 2 to 3 percent. Meanwhile, HBL Engineering, PEL, Signature Global, IndiaMart, and Manappuram saw declines of 2 to 3 percent.
On the Bombay Stock Exchange (BSE), Adani Power, Alivus Life Sciences, Anup Engineering, ATGL, and Adani Green emerged as the major gainers with increases ranging from 9 to 13 percent. In contrast, PC Jeweller, Sanghvi Movers, Godrej Industries, Coromandel, and Eclerx Services faced losses.
Published on September 19, 2025.
