Nifty makes new high in late surge on expiry day, closes above 25,350

There were no losers on the Nifty 50 index today. Wipro, Shriram Finance, NTPC, Bharti Airtel, and Hindalco gained 3-4.5 percent, dominating the Nifty 50 gainer's list.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

In a dramatic final-hour rally, the Nifty 50 catapulted nearly 2 percent, smashing through to an all-time high of 25,433.35 on September 12, the day of the weekly derivatives expiry. The gains in Nifty 50 were powered by a robust performance in banking, energy, IT, and auto stocks. The Sensex also marked a milestone, hitting a new peak at
83,116.19.

"A lot of shorts are built into the system. So investors had to cover and that is what is happening in Nifty and Bank Nifty. Because the shorts have to cover the velocity of this rise is a little higher," Nirav Harish Chheda, Technical and Derivatives Analyst at Nirmal Bang told Moneycontrol.

At close, the Sensex was up 1,439.6 points or 1.8 percent at 82,962.7 and the Nifty 50 was up 470 points or 1.9 percent at 25,388.9. About 2,228 shares advanced, 1,564 shares declined, and 103 shares were unchanged.

"The bulls took charge towards the end of the day and lifted the indices to a new high, mirroring the bullish global trend. The rate-cut optimism across the globe (ECB and US Fed) has provided a positive impetus to the global market," said Vinod Nair, Head of Research at Geojit Financial Services.

Follow our live blog for all the market action

Indian markets began positively, driven by gains in Asian markets and a tech-driven rally on Wall Street. Analysts also credited the surge seen in the market to optimism surrounding foreign inflows into Indian equities, as US inflation data bolstered the case for a 25-basis-point Federal Reserve rate cut.

V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, shared with Moneycontrol that a dramatic shift is underway. After a period of selling, Foreign Institutional Investors (FIIs) have turned bullish, with their buying spree igniting hopes of a substantial influx of capital into the domestic market. "FIIs turning buyers in the cash market during the last three days is another indication that the market will continue to be resilient," he said.

All 13 major sectoral indices basked in gains, with Nifty Auto, Nifty Energy, Nifty Infra, and Nifty Metal rising 2-3 percent. IT companies which have significant revenue exposure to the US market rose nearly 2 percent.

In the broader market, the BSE Midcap index climbed over 1 percent, while the BSE Smallcap index advanced by 0.8 percent.

There were no losers on the Nifty 50 index today. Wipro, Shriram Finance, NTPC, Bharti Airtel, and Hindalco gained 3-4.5 percent, dominating the Nifty 50 gainer's list.

Also Read | Bajaj Housing Finance IPO subscription tops 1% of India’s GDP; set to be doubler on listing

Commenting on the recent rally in benchmarks, Ajit Mishra, Senior Vice President of Research at Religare Broking said, "This surge has reversed the previous weakness, positioning Nifty to potentially test the 25,550+ zone. On the downside, the 24,900-25,150 range is expected to provide support in the event of any dip." He advised market participants to concentrate on sectors and themes with stable trends and to focus on large-cap and leading midcap stocks for new investment opportunities.

US consumer prices showed a slight uptick in August, with core inflation remaining sticky, as per the September 11 data. The odds of a 25 bps Fed rate cut at the September 17-18 meeting increased to 85 percent from 66 percent a day earlier, according to the CME FedWatch Tool, while the likelihood of a 50 bps cut dropped to 15 percent from 34 percent.

Investors now turn their attention to India's CPI data, set to release after market hours today, potentially adding another layer to the already thrilling market action.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.