Indian equity markets concluded a volatile trading session on Tuesday with a slight downturn. The Nifty 50 decreased by 32.85 points, or 0.13 percent, finishing at 25,169.50, while the BSE Sensex fell by 57.87 points, or 0.07 percent, to settle at 82,102.10. Investor sentiment remained cautious amid a weak currency and mixed movements across sectors.
During the trading day, the Indian rupee hit an all-time low of 88.62 against the U.S. dollar before closing at 88.75. This decline was attributed to concerns regarding a recent increase in U.S. visa fees, along with ongoing withdrawals by foreign institutional investors. Hariprasad K, a SEBI-registered Research Analyst and Founder of Livelong Wealth, noted, “While a weaker currency raises concerns about import-led inflation, market participants also view it as a tailwind for India’s IT and metals exporters over the long term.”
Top Gainers
Leading the gainers was Axis Bank, which rose 2.32 percent to ₹1,170.75. Bajaj Finance followed, gaining 1.95 percent to close at ₹1,025.65. Other notable gainers included Maruti Suzuki, which climbed 1.83 percent to ₹16,097.95, and State Bank of India, up 1.81 percent at ₹870.50. Kotak Mahindra Bank rounded out the top five with a 1.31 percent increase, closing at ₹2,047.85.
Top Losers
Conversely, Trent emerged as the biggest laggard, decreasing 2.34 percent to ₹4,892.00, while Tech Mahindra followed with a drop of 2.15 percent to ₹1,471.90. Hindustan Unilever and UltraTech Cement both experienced declines of 1.94 percent, finishing at ₹2,521.55 and ₹12,400.70, respectively. Asian Paints also saw a drop, falling 1.42 percent to ₹2,447.50.
The markets were influenced by the currency fluctuations and ongoing dynamics related to foreign investments.
Published on September 23, 2025