Market Wrap: Nifty and Sensex Tumble Nearly 1% Amid Broad-Based Selloff
Indian stock markets closed in the red on September 26, with Nifty 50 down 0.95% at 24,654.70 and BSE Sensex falling 0.90% to 80,426.46. Energy sector led the decline, plummeting 14.63%. Only Printing & Stationery and Castings sectors showed marginal gains. Notable stocks included HAL, surging 2.2% on a major defense contract, and NTPC Green Energy's expansion. Market breadth was negative with 3,406 declining stocks against 1,095 advancing.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets ended the trading session on a negative note on September 26, 2025, with both benchmark indices witnessing significant declines. The Nifty 50 closed at 24,654.70, down 236.15 points or 0.95% from its previous close. Similarly, the BSE Sensex finished at 80,426.46, shedding 733.22 points or 0.90%.
Sectoral Performance
The market witnessed a broad-based selloff, with most sectors ending in the red.
Top Losing Sectors:
| Sector | Avg. Percentage Change |
|---|---|
| Energy | -14.63% |
| Commercial Services | -13.23% |
| Forest Materials | -9.75% |
| Diamond, Gems and Jewellery | -9.30% |
| Logistics & Cargo | -9.27% |
Top Performing Sectors:
| Sector | Avg. Percentage Change |
|---|---|
| Printing & Stationery | 0.87% |
| Castings, Forgings & Fastners | 0.40% |
Buzzing Stocks
Several stocks made headlines during the trading session:
Cupid Ltd: The company anticipates record performance in Q2 FY26, building on strong FY25 results. Additionally, the promoter increased his stake, raising the total promoter group holding to 45.37%.
NTPC Ltd: NTPC Green Energy Limited announced the commencement of commercial operations for 25 MW of solar capacity from a 37.5 MW project in Gujarat, increasing the group's total installed capacity to 7,407.475 MW.
Hindustan Aeronautics Limited (HAL): HAL's shares surged 2.2% following a Rs 62,370 crore contract with the Ministry of Defence for 97 Tejas Mk-1A fighter jets. The company also reported a record order backlog of ₹2.7 lakh crore.
Swiggy Ltd: The company sold its entire 12% stake in Rapido for Rs 2,400 crore to Prosus and Westbridge Capital, aiming to provide capital for its loss-making quick-commerce arm Instamart.
ICICI Bank Ltd: The bank witnessed significant block trades on the National Stock Exchange, with transactions totaling over Rs 235 crore.
Larsen & Toubro Ltd: The Telangana government announced plans to acquire L&T's stake in the first phase of the Hyderabad Metro Rail project for Rs 2,000 crore, also assuming the project's debt of Rs 13,000 crore.
Market Breadth
The market breadth was decisively negative, indicating a broad-based selloff:
| Category | Number of Scrips |
|---|---|
| Total | 4,501 |
| Positive | 1,095 |
| Negative | 3,406 |
Conclusion
The Indian stock markets experienced a significant downturn on September 26, 2025, with both the Nifty 50 and BSE Sensex declining by nearly 1%. The selloff was widespread, affecting most sectors, with only a few pockets of strength in Printing & Stationery and Castings, Forgings & Fastners. Despite the overall negative sentiment, some individual stocks like HAL and NTPC saw positive movements on the back of company-specific news. Investors will be closely watching for any potential market recovery in the coming sessions.
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