Sensex, Nifty Trade Near Day’s Low After Strong Start - Fed Rate Cut Ignites IT Stock Rally with Infosys and Wipro Leading Charge
Indian markets opened with fireworks only to fizzle into afternoon caution—classic volatility theater.
Fed's Gift to Tech
Wall Street's rate cut decision sent shockwaves across Mumbai, catapulting IT heavyweights Infosys and Wipro into the green zone. Because nothing says 'global economy' like American monetary policy dictating Indian sector movements.
Midday Retreat
Early gains evaporated faster than retail investor optimism. Sensex and Nifty both hover near session lows—proving once again that momentum here has the attention span of a crypto trader during a bull run.
Another day, another reminder that markets love drama more than fundamentals. But hey—at least the IT crowd gets to celebrate before the next correction hits.
Also read
US Fed’s 25 bps cut sends ripples through Dalal Street: Sectoral winners & losers
Top gainers & losers intraday
Among the Nifty 50 constituents, HDFC Life, Eternal, Infosys, SUN Pharma and Wipro led the gainers, while Coal India, Tata Motors, Bajaj Finance, ONGC, Trent and Bharat Electronics dragged the most.
LTIMindtree, Infosys and Coforge led the gainers of Nifty IT index.
About 2,996 stocks were traded on the National Stock Exchange at the time of writing, out of which 1,387 stocks advanced, 1,509 declined and 100 remained unchanged. Around 60 stocks, including Hyundai, Maruti and Delhivery, touched their 52-week high, whereas 12 slipped to a 52-week low. Meanwhile, 71 stocks, featuring Zen Tech, izmo and STL Networks, hit the upper circuit and 33 were locked in the lower circuit.
Midcap & smallcap top movers today
Midcap stocks such as LIC Housing Finance, Escorts, Aditya Birla Capital, M&M Finance and Biocon soared 2-3 per cent, while Page Industries, Ola Electric, Premier Energies and Waaree Energies depreciated 2-3 per cent.
Under the smallcap segment, Newgen, Zen Tech, HFCL, Natco Pharma and Swan Corp soared 3-6 per cent. Reliance Power, Navin Fluorine, Neuland Lab, Godfrey Phillips and Affle declined 2-3 per cent.
On the BSE, Prism Johnson, Poonawalla, Heritage Foods, Banco India and Tata Investment rallied 7-14 per cent. Cohance Lifesciences, Gabriel, DCM Shriram, Sardaen and Shaily Engineering fell 4-6 per cent.
Published on September 18, 2025
Companies to follow- Infosys Ltd
- HDFC Life Insurance Company Ltd
- Sun Pharmaceuticals Industries Ltd
- Wipro Ltd
- Coal India Ltd
- Tata Motors Ltd
- Bajaj Finance Ltd
- Maruti Suzuki India Ltd
