Skip to content
Research Periodic Report TCS Drags IT Index; HAL, BEL Lead Defence Surge; Hindustan Zinc Hits Highs

TCS Drags IT Index; HAL, BEL Lead Defence Surge; Hindustan Zinc Hits Highs

Written by - Fisdom Research

September 25, 2025 2 minutes

Market Snapshot

  • Indian equity benchmarks ended lower for the fifth day in a row on September 25, with the Nifty closing below the 24,900 mark.
  • Sectoral performance was weak overall, with broad-based selling pressure across indices except metals, which managed to post modest gains of 0.22%.
  • Consumer durables, auto, power, IT, and realty were among the key laggards, each slipping around 1%.
  • The continued weakness was attributed to profit booking by investors, sustained foreign portfolio outflows, and uncertainty surrounding ongoing US-India trade discussions.
  • Market sentiment also reflected concerns that these headwinds could weigh on India’s Q2 GDP growth outlook%.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY METAL 0.2 NIFTY PSU BANK -0.5
NIFTY PRIVATE BANK -0.1 NIFTY MEDIA -0.7
NIFTY OIL & GAS -0.3 NIFTY CONSUMER DURABLES -0.7
NIFTY FMCG -0.5 NIFTY HEALTHCARE INDEX -0.8

Top News

  • IT stocks extended losses as TCS fell over 2.5% to a 52-week low, while Persistent Systems, HCL Tech, Wipro, and Coforge also declined amid concerns over H-1B visa policy changes.
  • Defence shares gained, with HAL rising over 1% after securing a ₹67,000 crore Tejas Mark-1A contract and BEL advancing, supported by European defence demand and stronger Indian defence exports.
  • Hindustan Zinc jumped 3% as silver prices hit record highs on the MCX, extending its monthly gains beyond 7.5% alongside strength in gold and silver

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
BEL 2.1 TRENT -3.6
HEROMOTOCO 1.5 POWERGRID -3.1
HINDALCO 0.8 TATAMOTORS -2.6

Technical Outlook: Key Indices

Indices Name Support Resistance
Nifty 24,800 25,100
Bank Nifty 54,500 55,500
Please visit www.fisdom.com for a standard disclaimer

Download one of India's best wealth management apps

Join more than one million investors and take control of your wealth

Download app