IGI Logo

Below the Quote on Market Wrap 22nd Sep 2025 by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd

"Markets began the week on a volatile note and extended their recent decline, ending lower by nearly half a percent. Early weakness, driven by selling in IT stocks amid concerns over the H-1B visa fee hike, was partly offset by a rebound from the day’s low. Sentiment also found some support from the GST rate cuts that came into effect today, which helped limit losses during the first half. However, sustained pressure from heavyweight stocks dragged the index lower as the session progressed, with the Nifty finally settling at 25,202.35.

On the sectoral front, IT, Pharma, and FMCG stocks remained under pressure, while energy and metal sectors showed resilience and closed in the green. Broader indices also slipped, declining by nearly 0.5%–1.0%.

Above views are of the author and not of the website kindly read disclaimer