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LTIMindtree, Infosys Lead IT Gains; IHCL Rises on Pierre Hotel Talks; Axis, SBI, ICICI Drive Bank Nifty Higher
LTIMindtree, Infosys Lead IT Gains; IHCL Rises on Pierre Hotel Talks; Axis, SBI, ICICI Drive Bank Nifty Higher
Written by - Fisdom Research
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September 18, 2025
2 minutes
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Market Snapshot
Indian benchmark indices ended higher on September 18 in a highly volatile session.
Nifty closed above 25,400, marking a third straight day of gains.
Sectorally, IT index rose 0.8%, pharma gained 1.5%, metals added 0.3%, and private banks were up 0.4%.
On the flip side, energy, media, and capital goods indices slipped 0.3% each.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY PHARMA
1.5
NIFTY FMCG
0.4
NIFTY HEALTHCARE INDEX
1.3
NIFTY METAL
0.3
NIFTY IT
0.8
NIFTY AUTO
0.1
NIFTY PRIVATE BANK
0.4
NIFTY CONSUMER DURABLES
0.1
Top News
Indian IT stocks rallied on September 18 after the US Fed’s first rate cut since December 2024, with LTIMindtree, Infosys, Wipro, and Mphasis leading gains.
Indian Hotels Company rose 1% amid reports of a potential $2 billion ownership change of New York’s Pierre Hotel, involving the Khashoggis and Dorchester Collection.
Bank Nifty advanced for the 12th straight session, with Axis Bank, SBI, Kotak Mahindra Bank, and ICICI Bank driving gains on strong credit growth optimism.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
ETERNAL
2.9
COALINDIA
-1.7
HDFCLIFE
2.2
BAJFINANCE
-1.3
SUNPHARMA
1.8
TRENT
-0.9
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
25,150
25,500
Bank Nifty
54,800
56,000
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