Research
Periodic Report
Persistent, Mphasis, LTI Mindtree Rally; Hyundai Signs Wage Pact; GRSE, Cochin Shipyard, BEL Gain on Defence Push
Persistent, Mphasis, LTI Mindtree Rally; Hyundai Signs Wage Pact; GRSE, Cochin Shipyard, BEL Gain on Defence Push
Written by - Fisdom Research
Array
September 17, 2025
2 minutes
Array
Market Snapshot
Indian equity markets ended higher for the second straight session on September 17.
Nifty closed comfortably above the 25,300 mark.
Strong buying interest was seen in auto, PSU banks, IT, and oil & gas sectors.
Market sentiment was boosted by hopes of renewed India-US trade talks and expectations of a Fed rate cut tonight.
Despite mixed global cues, benchmarks opened higher and stayed in the green for most of the session.
However, final-hour selling in metals, FMCG, and consumer durables pared part of the intraday gain.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY PSU BANK
2.6
NIFTY REALTY
0.4
NIFTY IT
0.7
NIFTY PRIVATE BANK
0.4
NIFTY OIL & GAS
0.6
NIFTY MEDIA
0.3
NIFTY AUTO
0.6
NIFTY PHARMA
-0.1
Top News
Indian IT stocks advanced on September 17 ahead of the US Fed decision, with Persistent Systems, Mphasis, and LTI Mindtree among key gainers.
Hyundai Motor India rose 2% after signing a wage pact with employees, offering a structured ₹31,000 monthly hike over three years plus added benefits.
Defence shares rallied for the fourth session as the Defence Ministry approved the Defence Procurement Manual 2025 to boost domestic industry and speed up procurement.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
TATACONSUM
4.0
HDFCLIFE
-1.1
SBIN
3.1
BAJAJFINSV
-1.0
BEL
2.2
TITAN
-0.9
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
25,150
25,500
Bank Nifty
54,800
56,000
Trade Ideas Update
Our trade ideas success rate has 70% over the past month, even with increased volatility in the benchmark index. Follow Trade Ideas for timely stock insights.
