Post-Market Report: Profit Booking Halts Indian Market's Three-Day Rally
Published: 2025-09-19 17:00 IST | Category: Markets | Author: Abhi
Market Performance Today
The Indian stock market experienced a day of profit booking on Friday, September 19, 2025, bringing an end to a three-day rally. The S&P BSE Sensex closed at 82,626.23, marking a decline of 387.73 points, or 0.47% from its previous close of 83,013.96. Similarly, the NSE Nifty 50 fell 96.55 points, or 0.38%, to settle at 25,327.05.
Top Movers (Sectors and Stocks)
While the broader indices declined, some sectors and specific stocks showed resilience or made notable gains.
-
Gainers:
- Adani Group companies saw a substantial surge, with shares rising between 0.3% and 12.4%. This was largely attributed to the market regulator SEBI dismissing two allegations against Gautam Adani and his firms by Hindenburg Research. Adani Total Gas notably jumped 13.27%, Adani Power surged 8.89%, Adani Green Energy went up by 5.45%, and Adani Enterprises climbed 5.23%. Adani Ports also gained 1.1%.
- Vodafone Idea shares jumped over 7% after the government indicated it was not opposed to the telecom operator's plea regarding adjusted gross revenue (AGR) dues.
- PSU Bank, Nifty Energy, Nifty Realty, Nifty Pharma, and Nifty Metal indices were among the sectors that advanced.
-
Laggards:
- Financial stocks fell 0.6%, ending a record 12-session winning streak.
- IT shares eased 0.5% after three days of gains.
- Other declining sectors included private banks, FMCG, and consumer durables.
- Among individual stocks, Tata Consultancy Services, ICICI Bank, Titan, Power Grid, Mahindra & Mahindra, and HCL Technologies were significant laggards. Paytm also fell 4%.
Key Drivers of Today's Market
The primary factor behind Friday's market downturn was widespread profit booking. After a strong three-day rally that saw both Sensex and Nifty hit two-month highs, investors opted to lock in gains. This profit-taking spree was anticipated as the market had gained nearly 1.5% in the last three sessions and approximately 4% since the August lows.
Despite positive signals from the US Federal Reserve's recent rate cut, which had fueled optimism in previous sessions, and ongoing progress in US-India trade negotiations, domestic benchmarks adopted a cautious stance. Mixed cues from Asian markets, where some indices were up while others were down, also contributed to the cautious sentiment among investors.
Broader Market Performance
The broader market exhibited a mixed but generally resilient performance compared to the frontline indices.
- The S&P BSE Mid-Cap index shed 0.09%.
- The S&P BSE Small-Cap index, however, ended positively, adding 0.16%.
- Overall market breadth on the BSE was positive, with 2,132 shares rising against 2,001 shares declining, and 192 shares remaining unchanged.
TAGS: Post-Market, Stock Market, Nifty, Sensex, Market Analysis
Tags: Post-Market Stock Market Nifty Sensex Market Analysis