Today’s Stock Market Closing, 29 Sep: Nifty, Sensex Fall for 7th Day; PSU Banks Emerges as Top Gainer, Small-Caps Decline for 6th Consecutive Session 

On Monday, September 29, Indian equity benchmark indices opened with a positive bias. However, profit booking at higher levels led to the index closing in the red, extending losses for the seventh consecutive day.

At the closing bell, the Nifty 50 ended down by 19.80 points, or 0.08%, at 24,634.90. The Sensex also dropped by 61.52 points, or 0.08%, to 80,364.94. 

The Oil & Gas marketing companies saw an uptick in Monday's trading session. Nifty Oil and Gas index gained 1.35% while Nifty PSE (state-owned firms rise) jumped 1.17%, both led by oil-marketing companies Petronet LNG, BPCL, HPCL, and Indian Oil.

Investors await the Reserve Bank of India's policy decision on Wednesday. Meanwhile, India’s industrial production (IIP) in August rose 4% YoY, higher than July’s 3.5% but below the 5% estimate.

On the sectoral front, 7 out of 11 key sectors closed in positive territory. The broader indices, the Nifty Midcap and Small-cap, ended the trading session on a mixed note. 

Stock-Specific Highlights

Among individual stocks,

• Oil India jumped nearly 2% after reporting natural gas in its exploratory well in the Andaman Shallow offshore blocks.
• Tata Power share price surges over 1% after Tata Power EV Charging Solutions Ltd joins hands with VE Commercial Vehicles to Accelerate Electric Mobility.

Nifty PSU Bank - Top Gaining Sector

The Nifty PSU Bank index surged 1.78%, snapping a 3-day losing streak, with all constituents ending in positive territory. On the flip side, the Nifty Media index declined by 0.85% extending the losing streak for the fifth trading session.

Nifty 50: Top Pullers and Draggers of the Day

The key drivers of the index gains were:

• HDFC Bank: +28.10 points
• State Bank of India: +11.28 points
• Titan Company: +8.16 points

On the other hand, these stocks weighed on the index:

• ICICI Bank: -15.10 points
• Axis Bank: -12.63 points
• Maruti Suzuki: -8.28 points

Broader Markets Mixed 

The broader market indices ended on a mixed note on Monday. The Mid-cap 100 index ended up by 0.27%, snapping a 5-day winning streak and the Small-cap 100 closed down by 0.07%, extending losses for the sixth straight day. 

Market Breadth

As of September 29, 2025, the market breadth was slightly tilted on the side of declining stocks. Out of 3,168 stocks traded on the NSE, 1,497 advanced, 1,578 declined, and 93 remained unchanged. 

A total of 77 stocks touched their 52-week highs, while 115 hit their 52-week lows. Additionally, 91 stocks were locked in their upper circuits, whereas 96 stocks were in lower circuits. 

Disclaimer: The article is for informational purposes only and not investment advice.