Nifty 50 and Bank Nifty Close Higher; Gold and Silver Face Sharp Decline
Indian stock markets ended the day on a positive note, with both Nifty 50 and Bank Nifty posting strong gains, while gold and silver witnessed a sharp decline.
Key Market Highlights
Nifty 50 closed 91 points higher, crossing the crucial 25,200 level.
Bank Nifty gained 345 points, sustaining momentum above the 55,000 mark.
Broader markets showed mixed trends, with large-cap stocks witnessing strong buying, while mid-cap and small-cap indices saw limited participation.
The advance-decline ratio remained healthy, with 1,600 stocks advancing compared to 1,125 declining.
Market analysts highlighted that the rally continues for the 15th consecutive session, driven by strong investor sentiment. However, many retail investors expressed concerns that their personal portfolios are not keeping pace with the index rally. Experts attribute this gap to stock selection issues rather than overall market performance.
Sector & Stock Movements
Top Gainers in Nifty 50: Tata Consumers (+4%), SBI, L&T, Maruti, Kotak Mahindra Bank.
Top Losers in Nifty 50: Bajaj Finserv, Titan, ITC, SBI Life, HDFC Life.
In the Nifty 500, DCM Shriram, GRSE, PTC India, and IFCI were among the top performers.
Underperformers included JM Financial, Sirma SGS, ABSL AMC, SD Energy, and Vestlife.
PSU banks were in focus, with SBI hitting multi-month highs and approaching its all-time resistance level near ₹900. Analysts suggest studying the entire PSU banking index, as it shows signs of strong momentum.
Technical Indicators
Bank Nifty closed above all major moving averages (200, 100, 50, and 20-day) – a highly bullish signal.
RSI (Relative Strength Index) for both Nifty 50 and Bank Nifty remains above 60, indicating solid momentum.
Next resistance levels are seen near 25,600 for Nifty 50.
Global & Macro Factors
Markets are closely watching the US Federal Reserve meeting outcome, expected later tonight. Global cues remain positive, with European markets trading in the green and Dow Jones futures also trending higher.
Commodities & ETFs
Gold and Silver ETFs saw inflows of nearly ₹4,000 crore in August 2025, according to mutual fund industry data.
Gold ETF assets under management have surged from ₹7,900 crore in 2020 to ₹72,000 crore today, reflecting rising investor interest.
Silver ETFs, launched in 2022, now manage over ₹26,000 crore.
Meanwhile, MCX gained nearly 4%, after SEBI announced the formation of a committee for commodity market development, including a proposal to allow FPI trading in non-agri commodities such as metals.
IPO & Corporate Developments
Urban Company IPO debuted strongly, listing with a 50% premium and hitting highs near ₹180 before witnessing mild profit-booking.
DreamFolks Services plunged after the company announced a complete exit from its airport lounge business. The stock, once trading at ₹800, now hovers near ₹130.
Yes Bank was in focus as Japan’s SMFG (Sumitomo Mitsui Financial Group) is set to raise its stake to 24.2% through fresh acquisitions. SBI also exited its investment in Yes Bank, unlocking funds worth ₹8,889 crore.
Marico shares came under pressure after reports of Income Tax raids at its offices and manufacturing units in Mumbai.
Expert View
Market experts believe the overall trend for equities remains positive, but stock selection will be crucial. Investors are advised to focus on sectors showing momentum, such as PSU banks, large-cap financials, and consumption plays, while exercising caution in underperforming mid-cap names.
