Markets traded with mild losses on Monday afternoon as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision expected later this week. The Sensex declined 0.16 per cent to ₹81,775.74, while the Nifty 50 shed 0.14 per cent to 25,078.80 as of 1.45 pm.
The benchmark indices opened higher but lost momentum during the session, with selling pressure emerging across key sectors. The Sensex opened at ₹81,925.51 against its previous close of ₹81,904.70, while the Nifty started at 25,118.90 compared to Friday’s close of 25,114.00.
Financial services emerged as the top performing sector with Jio Financial Services leading the Nifty 50 gainers, rising 1.03 per cent to ₹314.40. Bajaj Finance added 0.85 per cent to ₹1,011.75, while UltraTech Cement gained 0.48 per cent to ₹12,429.00. Trent climbed 0.45 per cent to ₹5,153.00, and Eicher Motors advanced 0.54 per cent to ₹323.15.
Pharmaceutical and auto stocks faced selling pressure, with Shriram Finance declining 1.55 per cent to ₹623.05 to top the losers list. Dr Reddy’s Laboratories dropped 1.54 per cent to ₹1,296.40, while Mahindra & Mahindra fell 1.47 per cent to ₹3,537.30. Cipla and Asian Paints both declined 1.42 per cent to ₹1,552.20 and ₹2,510.10 respectively.
Sectoral indices showed mixed performance with Nifty Financial Services gaining 0.23 per cent to 26,419.40 and Nifty Bank advancing 0.21 per cent to 54,903.55. The broader Nifty Midcap 100 index outperformed with a 0.35 per cent gain to 58,433.05, while Nifty Next 50 surged 0.59 per cent to 68,594.75.
Market breadth remained positive on BSE with 2,342 stocks advancing against 1,756 declining issues. A total of 136 stocks hit their 52-week highs while 61 touched 52-week lows. Additionally, 259 stocks were locked in upper circuit while 197 hit lower circuit limits.
Trading volumes remained moderate as investors adopted a wait-and-watch approach before the Fed announcement. Market participants are closely monitoring global cues and domestic institutional flows, which have remained supportive in recent sessions despite the cautious sentiment prevailing in the markets.
Published on September 15, 2025