Is the Indian Stock Market Gaining Momentum with Sensex Above 82,000?
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Synopsis
The Indian stock market opened positively, with the Sensex surpassing 82,000 points. This growth is fueled by buying in key sectors like auto and IT. Investors are keenly watching the Nifty index for signs of sustained upward momentum as global markets also show mixed trends.
Key Takeaways
- Sensex opened at 82,282.10 with a gain of 122.13 points.
- Nifty rose to 25,238.20, up 35.85 points.
- Key sectors driving the market include auto, IT, and financial services.
- Foreign institutional selling continues to impact market stability.
- Asian markets displayed mixed trends today.
Mumbai, Sep 23 (NationPress) The Indian benchmark indices commenced the trading session with slight advancements on Tuesday, buoyed by favorable global signals. Early trading observed an uptick in the auto, IT, and financial service sectors.
As of 9:22 AM, the Sensex surged by 122.13 points, marking a 0.15 percent increase to reach 82,282.10, while the Nifty rose by 35.85 points, or 0.14 percent, to settle at 25,238.20.
In contrast, the Nifty Bank experienced a decline of 26.30 points, equivalent to a 0.05 percent drop, landing at 55,258.45. The Nifty Midcap 100 index witnessed a slight decrease of 12.95 points or 0.02 percent, now at 58,686.55. Meanwhile, the Nifty Smallcap 100 index saw a minor gain of 4.25 points, or 0.02 percent, reaching 18,293.15.
Experts suggest that the continuation of the Nifty index's near-term upward trend hinges on whether slippages exceed the 25,200-25,000 range.
Market conditions may maintain a positive inclination if it stays above 25,238, but a decisive rise beyond the 25,278/335 area is essential to garner momentum, they noted.
Among the top gainers in the Sensex pack were Maruti Suzuki, M&M, Tata Motors, Infosys, HDFC Bank, Tech Mahindra, and Axis Bank. Conversely, Ultratech Cement, Sun Pharma, Trent, and Asian Paints were the leading losers.
Looking at the Asian markets, Jakarta, Bangkok, Japan, and Seoul were trading positively, while Hong Kong and China were experiencing declines.
In the previous trading session, the Dow Jones in the US concluded at 46,381.54, reflecting an increase of 66.27 points, or 0.14 percent. The S&P 500 finished with a gain of 29.39 points, equivalent to 0.44 percent, at 6,693.75, while the Nasdaq closed at 22,788.98, surging by 157.50 points, or 0.70 percent.
Analysts highlight that a significant factor affecting the market since the September peak in 2024 has been ongoing FII selling, driven by high valuations in India compared to more appealing valuations abroad.
This year, FIIs have divested equity worth Rs 179,200 crore through the exchanges, following a sale of equity valued at Rs 121,210 crore in 2024.
On September 22, foreign institutional investors were net sellers, offloading equities worth Rs 2,910.09 crore, while domestic institutional investors acquired equities valued at Rs 2,582.63 crore.
Point of View
The Indian stock market's recent performance reflects a complex interplay of global influences and domestic investor sentiment. While the positive opening signals potential recovery, the ongoing FII selling presents challenges. The market's resilience will be tested in the coming days, and we remain committed to providing timely insights to our audience.
NationPress
23/09/2025
Frequently Asked Questions
What are the key sectors driving the Indian stock market?
The key sectors currently driving the Indian stock market include auto, IT, and financial services, as evidenced by notable gains in these areas.
What does the current market trend indicate?
The current market trend suggests a possibility of sustained growth if the Nifty index maintains levels above 25,238 and breaks through 25,278/335.
How have foreign institutional investors impacted the market?
Foreign institutional investors (FIIs) have been net sellers recently, contributing to downward pressure on the market due to high valuations in India compared to other markets.
What is the significance of the Sensex and Nifty indices?
The Sensex and Nifty indices are benchmark indicators of market performance in India, reflecting investor sentiment and economic conditions.
How did the Asian markets perform today?
Today, Asian markets like Jakarta, Bangkok, Japan, and Seoul showed positive movements, while Hong Kong and China experienced declines.
