Stock Market Update: September 22, 2025 – Nifty, Bank Nifty Extend Losses; Precious Metals Shine

Indian equity markets started the week on a weak note as GIFT Nifty slipped 121 points in early trade, tracking mixed global cues. While Asian markets traded with a slightly positive bias, Dow Jones futures were down 78 points, setting a cautious tone for investors.

On Friday, both Nifty 50 and Bank Nifty had closed lower, and the same trend continued today. Nifty 50 is currently trading at 25,327, while Bank Nifty is down by 268 points. Analysts suggest that the 25,450–25,500 range remains a strong resistance zone, and a further downside of 150–200 points cannot be ruled out. Key support is seen around 25,200 levels.

Market Movers

Adani Group stocks surged after the group received a clean chit from SEBI.
Vodafone Idea rallied 7% in the last session.
Paytm led the losers’ pack, falling 4%, followed by Exide (-2.5%), SBI Cards, and Manappuram Finance.

Commodities & Currency

Precious metals extended their rally. Gold 1,13,635.00 Indian Rupee mark, while silver crossed back above ₹1,30,000 per kg. On the currency front, the Indian Rupee remained stronger against the US Dollar, Euro, and British Pound, but showed mild weakness against the Japanese Yen.

Institutional Activity

In the last trading session, Foreign Institutional Investors (FIIs) bought equities worth ₹352 crore, while Domestic Institutional Investors (DIIs) purchased shares worth ₹1,954 crore. The volatility index (VIX) is hovering below 10, indicating a low-volatility environment favorable for option writers. However, traders are advised to book profits on time and avoid aggressive positions.

The Put-Call Ratio dropped from 1.16 to 0.94, signaling increased call writing pressure.

Key Stock-Specific Developments

PNC Infratech received an LoA worth ₹496 crore from Bihar State Road Development Corporation.
Netweb Technologies secured a ₹450 crore order for AI GPU-accelerated systems.
RailTel bagged an order worth ₹18.06 crore from D-Jing for internet services across vessels.
Power Grid won a transmission system project on a build, own, operate, and transfer basis.
Hari Om Pipes signed an MoU with the Maharashtra government to set up an integrated steel plant with an investment of ₹3,135 crore.
Shipping Corporation of India entered into an MoU with BPCL, HPCL, and IOCL for joint ship operations, aimed at improving economies of scale.
Kotak Mahindra Bank bought 3.88 lakh shares of Cartrade and 8.7 lakh shares of TBO Tek.
Brookfield AMC sold ₹1,383 crore worth of units (25% stake) in India Energy Infra Trust.
Motilal Oswal AMC offloaded 1.68 lakh shares of Power Mech Projects, worth around ₹50 crore.
Landmark Cars promoters sold 7 lakh shares (1.69% stake) for ₹44.73 crore, with Morgan Stanley among the key buyers.

Corporate Alerts

Lupin’s Pune biotech facility faced observations from the USFDA.
Navi Trust received fresh investment from Vanguard Group (2.5% stake).
Stocks under F&O ban include HFCL and SJVN Capital. RBL Bank has exited the ban list but could re-enter.

Earnings to Watch

Results of Vikrant Engineering and IRIS International are due today. Vikrant Engineering, a recently listed company, has been performing strongly and will remain in focus.

👉 Disclaimer: This report is for informational purposes only and not investment advice.