Indian markets opened higher on September 16, supported by gains across IT, auto, and metal stocks. Broader indices outperformed, with midcap and smallcap benchmarks advancing up to 0.6 percent
Indian equities are set for a muted start on September 16, with GIFT Nifty hinting at a flat-to-negative open as weekly F&O expiry looms
BSE Midcap and smallcap indices rose 0.6% each. Except FMCG, all other sectoral indices ended in the green with auto, realty, telecom up 1% each. Kotak Mahindra Bank, L&T, Maruti Suzuki, Bharti Airtel, Tata Steel were among major gainers on the Nifty, while losers were Shriram Finance, Bajaj Finance, Tata Consumer, Nestle, Asian Paints.
On the sectoral front, Consumer Durables, auto, IT, pharma were down 0.3-0.6%, while capital goods, realty, power, telecom index were up 0.5-2.5%.
While realty and PSU bank stocks drove gains, autos, IT, and pharma dragged. Broader markets outperformed, even as wholesale inflation touched a four-month high
Gold rate today: Yellow metal's October contracts on MCX opened at Rs 1,09,255 per 10 grams today.
Sensex and Nifty opened on a quiet note on September 15 as markets consolidated after last week’s gains. While auto stocks extended their rally, IT counters dragged, with traders watching the US Federal Reserve’s upcoming policy decision for direction
After an eight-day winning streak, Nifty may start the week on a subdued note with GIFT Nifty pointing to a tepid opening. With US Federal Reserve’s rate decision and progress on US-India trade talks in focus, global cues remain mixed.
BSE Midcap index up 0.5 percent and smallcap index up 0.7 percent. On the sectoral front, Consumer Durables, auto, IT, pharma down 0.3-0.6%, while capital goods, realty, power, telecom index up 0.5-2.5%. Jio Financial, UltraTech Cement, Bajaj Finance, Eternal, L&T were among major gainers on the Nifty, while losers were Shriram Finance, Asian Paints, M&M, Cipla, Dr Reddy's Labs.
With the September cut largely priced in, commodity markets are focused on Powell’s tone and any forward-looking signals regarding the Fed’s stance through the remainder of 2025, especially in light of a persistent slowdown in labour demand.
Gold rate today: Yellow metal's October contracts on MCX opened at Rs 1,09,352 per 10 grams today.
Sensex and Nifty held on to early gains on September 12, supported by strength in autos, financials, and IT, while FMCG stocks weighed on sentiment. Broader markets also traded with a positive bias, keeping the Nifty on track for weekly gains of over 1 percent
Gold prices climbed Rs 572 to trade close to record levels at Rs 1,09,553 per 10 grams in the domestic futures market on Friday.
Silver futures with December expiry hit a fresh all time high of Rs 1,28,612 per kilogram on MCX today. Silver contracts with March expiry rose nearly Rs 1,600 to hit Rs 1.3 lakh per kilogram for the first time ever.
On the sectoral frong, auto, pharma , metal, telecom added 0.5-1 percent, while realty, FMCG, media, PSU Bank ended lower. Bharat Electronics, Bajaj Finance, Shriram Finance, Hindalco, Bajaj Finserv were among major gainers on the Nifty, while losers were HUL, Wipro, Trent, Eternal, Bajaj Auto. BSE Midcap and smallcap indices are trading flat.
More than 100 stocks touched their 52-week highs on the BSE, including Waaree Energies, Zydus Wellness, Indian Bank, Fortis Healthcare, Gujarat Mineral, among others.
Experts have noted that Indian markets have underperformed compared to other global markets, correcting the overvaluation caused by sustained domestic inflows.
China’s so-called anti-involution campaign has driven a structural reset in the local economy, and for India, this opens up opportunities across commodities, renewables, chemicals and EVs.
Gold rate today: Yellow metal's October contracts on MCX opened at Rs 1,08,705 per 10 grams today.
While wholesale price data from the US came in soft, traders are now focused on the retail inflation print that could shape the Federal Reserve’s policy outlook next week
Experts have noted that Indian markets have underperformed compared to other global markets, correcting the overvaluation caused by sustained domestic inflows.
Nifty is struggling to break past the psychological 25,000 level, which has turned into a strong resistance zone.
Biggest Nifty gainers included Bharat Electronics, Wipro, HCL Technologies, Bajaj Finance, TCS, while losers were M&M, Hero MotoCorp, Bajaj Auto, Maruti Suzuki, Tata Motors.
Markets cheered U.S. President Trump’s outreach to India, leading the Nifty 50 index to gain for sixth straight day.
Gold's October contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 1,08,744 per 10 grams today.
