
Markets extended their losing streak for a fifth culture session on Thursday, with the nifty 50 breaching the crucial psychological level of 25,000 as percestant foreign investment and concurren Over us h-1-1b visa fee hikes weighed heavily on
Sensex Tanked 555.95 points or 0.68 per cent to close at 81,159.68, while the Nifty 50 Fell by 166.05 points or 0.66 per cent to 24,890.85. The broader market decline was broad-based, with 2,709 stocks declining against 1,474 advancs on the bse.
“The Indian Stock Market Closed Sharply Lower; The Sensex Fell Approximately 555 Points and the Nifty Dropped Below The 24,900 Mark,” Said Vaibavhav Vidwani, Research Analyst At Bonza GRANZA GROP. “Persistent Foreign Institutional Selling, Weak Global Cues, And Heightened Concerns Over Us Visa CURBS, Especially The New $ 100,000 H-1B Visa Application Fee, Keptor Santiment Subdued.”
Us h-1b visa fever
The proposed us h-1b visa fee hike emerged as a major concert for it stocks, with the sector bearing the brunt of the sell-off. “It stocks bore the brunt of the sell-off, with the nifty it index plunging more than 6 per cent this week on Visa Concerns,” Noted Hariprasad K, Sebi-Registed Resisted Analyst and Founder AT LIVONGER ATINDERCH Wealth. “Frontline it stocks like Infosys, TCS, Wipro and HCL Tech Traded Deep in the Red on Chirsday.”
Among the top losers on the nifty 50, Trent Led the Decline, Falling 3.61 per cent to ₹ 4,720.00. Power Grid Corporation Tumbled 3.10 per cent to ₹ 284.20, While Tata Motors Slipped 2.64 per cent to ₹ 664.90. TCS, The It BellWether, Declined 2.55 per cent to ₹ 2,958.00, and asian paints Dropped 2.17 per cent to ₹ 2,404.00.
However, some stocks managed to buck the trend. Bharat Electronics Limited Emerged as the top Gainer, Surging 2.07 per cent to ₹ 403.65. Hero Motocorp Rose 1.51 per cent to ₹ 5,356.50, While Hindalco Gained 0.80 per cent to ₹ 747.00. ONGC Added 0.49 per cent to ₹ 239.70, and Axis Bank Closed 0.35 per cent higher at ₹ 1,163.00.
“The Nifty Slipped Below The Psychological 25,000 Mark Today, Deepening Its Bearish Streak as a Host of Global and Domestic Headwinds Rattled Investor Confidence,” What Fii Outflows, A Record-Weak Rupee, and renewed works over the us h-1b visa fee hike-seen as a drag on Indian it earrnings-have all combined to sour syntiments. “
The Volativity Index India Vix Suried Nearly 9 per cent five Sessions, Reflecting Rising Nervousness Among Market Participants.
Seeing red
Market Breadth Remained Weak Across Sector, with the Nifty Next 50 Falling 0.75 per cent to 68,293.65, Who the Nifty Midcap 100 Declined 0.64 per cent to 57,555.90.90.
Sectorral Performance Showed Broad-Based Weakness, With All Major Indices Ending in the Red Except Metals. “Sectorly, most indices close in red, with realty and it stocks leading the declines. Hindalco, and Hindustan Zinc, “Said Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services.
Banking stocks also came under under pressure, with the bank nifty falling 0.26 per cent to 54,976.20, Thought it showed Relative outperformance CompAred to the Broider Markett. “The bank nifty also styed weak, slipping below 55,000 as private banks came under pressure, thought psu banks lent some resilience,” Observed Ponmudi R, CEO of ENRICH MONY.
Technical analysts highlighted key support and resistance levels for the market. “The nifty has fallen beLow the Crucial Support Level of 25,050, which also coincides with the 38.20 per cent fibonacci retracement of the previous risk from 24,400 to 25,400 to 25,400 to 25,450,” SAIPAK de, SANIUR Technical analyst at lkp securities. “On the downside, immediati support is placed at 24,800; a Break Below This Level Cold Trigger a Deeper and More Serious CORRECTION.”
Foreign Institutional Investors Continued their Selling Spree, with Outflows of Nearly ₹ 9,000 Crore Recorded This Week. “Sentiment Continued to Remain Weak as Selling by Foreign Investors Intensified This Week as Shares Worth Nearly ₹ 9,000 Crore Have Bee Been Offloaded So far,” Noted Prashanth Tapse, SENIOR VP AT Mehta Equities.
Rupee under strain; Gold on Bull Run
The Rupee also came under under pressure but managed Slight Gains, Trading Up by 0.06 Paise at 88.67 Against the Dollar. “Rupee tradeed up by 0.06rs at 88.67, while the dollar index styed flat. Despite the Marginal Gains, Persistent Fii Seling has KEPT Overall Sentiment Weak,” Said Jateen Trividi, VP Research, VP Reseed, VP Reseed Analyst at lkp securities.
In commodities, gold Continued its Bully with Gains of ₹ 600 at ₹ 113,145 on Mcx“Gold styed positive with gains of $ 22 at $ 3757 on comex and ₹ 600 at 113,145 on MCX, Reinforcing the Strong Bully Sentimen,” Trivedi Added. Copper Futures Hit a record high of ₹ 963.45 per kg over Global Supply Concerns Folling a Major Supply Disruption at a largeness indolationsian mine.
Market Participants Remained Cutious Ahead of Key Us Economic Releases, Including GDP Data and Initial Jobless Claims, Followed by the PCE PRICE DOEX DUE FRIDAY. “We expect markets to remain under pressure in the near term, tracking global headwinds, macroeconomic data releases, and developments around the India-us trade talks,” Said khemka.
Looking Ahead, Analysts Expect Continued Volatily with the monthly F & O Expiry Approaching Next Week. “With the monthly f & o expiry approaching next week, a short-crossing rally is possible if nifty manages to reclaim the 25,000 mark,” said Nilesh Jain, Head of Technical Research at Centerach at Centrum Brooking. However, Technical Idicators Sugged Cute, With Immediate Support at 24,800-24,850 levels and resistance at the 25,000-25,200 zone.
Published on September 25, 2025