On Friday, September 19, Indian equity benchmark indices closed in negative territory, snapping a 3-day winning streak. Meanwhile, India VIX, the market’s volatility barometer, closed below the 10 mark, hitting a new record low of 9.39.
At the closing bell, the Nifty 50 ended down by 96.55 points, or 0.38%, at 25,327.05. The Sensex dropped by 387.73 points, or 0.47%, to 82,626.23, on profit-booking in financials and IT stocks.
On a weekly basis, the Nifty 50 extended its rally for the third straight week, rising 0.85% this week.
All Adani Group stocks traded higher, with flagship Adani Enterprises rising 5.8% and Adani Power gaining over 12%, after SEBI dismissed some of the allegations made by short-seller Hindenburg against the conglomerate, while other orders remain pending.
In contrast, the Nifty Financial Services index closed down 0.64% on profit-booking, snapping the longest winning streak of 12 sessions. SBI Card was the top pct loser on the index on the day. The Nifty Financials’ winning streak began on September 3rd, the day when the Goods and Services Tax (GST) council approved lowering taxes on everyday items to spur domestic demand.
Additionally, Nifty IT dropped 0.47%, breaking its three-session winning streak.
On the sectoral front, 5 of the 11 key sectoral indices ended in positive territory. Meanwhile, broader indices like Nifty Midcap 100 and Smallcap 100 ended in the green.
Among individual stocks,
The Nifty PSU Bank index rose as much as 1.28%, with all of the 12 constituents advancing. On the flip side, Nifty Financial Services declined by 0.64%, snapping a 12-day winning streak.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended in the green on Friday. The Mid-cap 100 index ended up by 0.04%, and the Small-cap 100 closed up by 0.15%, extending its winning streak to 11 days.
As of September 19, 2025, the market breadth was in favour of advancing stocks. Out of 3,133 stocks traded on the NSE, 1,601 advanced, 1,427 declined, and 105 remained unchanged.
A total of 67 stocks touched their 52-week highs, while 31 hit their 52-week lows. Additionally, 98 stocks were locked in their upper circuits, whereas 46 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.