Indian benchmark indices, Sensex and Nifty 50, experienced a positive surge today, September 17, 2025, continuing the upward trend from the previous session. The Sensex rose over 150 points, while the Nifty 50 index topped the 25,300 mark.

Market Overview

Early trading indicated a positive opening for Indian stock markets, influenced by optimism surrounding ongoing trade negotiations between the U.S. and India and expectations of a rate cut by the U.S. Federal Reserve. At 9:16 am IST, the BSE Sensex was up by 212.79 points, or 0.26 percent, reaching 82,593.48 after having climbed as high as 260 points. The NSE Nifty50 similarly advanced, gaining 66.90 points, or 0.27 percent, to reach 25,306, after hitting a high of 25,316.35 during the day.

However, broader Asian markets presented a mixed picture, and U.S. markets closed slightly lower as investors exercised caution ahead of the Federal Reserve's monetary policy decision. A rate cut of 25 basis points is widely anticipated.

The Gift Nifty was trading around 25,376, a premium of nearly 44 points from the Nifty futures' previous close, signaling a mildly positive start for the Indian benchmark index.

Yesterday, the Sensex closed at 82,380.69, a gain of 594.95 points or 0.73 percent, and the Nifty 50 ended at 25,239.10, up 169.90 points or 0.68 percent.

Top Gainers

UltraTech Cement and Bharat Electronics Ltd (BEL) were among the top performers in early trading.

• UltraTech Cement: The stock led the Sensex gainers, rising by 1.35 percent to ₹12749. UltraTech Cement is currently trading at ₹12565.00, with a daily change of 1.05%, which indicates positive momentum in its stock.
• Bharat Electronics Ltd (BEL): Shares of BEL also saw a notable increase, rising 1.09 percent. BEL gained nearly 2% after the company announced it had secured new orders worth ₹712 crore since September 1, 2025. These orders span IT infrastructure and cyber security solutions, electronic support measure (ESM) systems, blockchain solution platforms, and communication equipment.

Other notable gainers included Trent (up 0.75 percent), Tata Motors (up 0.74 percent) and Bajaj Finserv (up 0.40 percent).

Market Sentiment and Expert Views

Shrikant Chouhan, Head of Equity Research at Kotak Securities, suggested that as long as the Sensex remains above 82,000, bullish sentiment is likely to prevail, potentially driving the index towards 82,800, with further upside to 83,100. He advised day traders to consider buying on intraday dips and selling on rallies.

Hardik Matalia, a derivative analyst at Choice Equity Broking, noted that in the derivatives segment, the highest Nifty call open interest (OI) was seen at the 25,200 and 25,500 strikes, while maximum put OI remained concentrated at 25,100 and 25,000. This OI setup highlights strong resistance near 25,200.

Nilesh Jain, Head – Technical and Derivatives Research Analyst (Equity Research) at Centrum Broking Ltd., anticipates Nifty 50 to move towards 25,500 in the near term, maintaining a "buy on dips" approach.

Global Cues

Asian markets exhibited mixed performance, while Wall Street indices closed marginally lower. Investors are closely watching the US Federal Reserve's policy decision, with expectations of a 25-basis-point rate cut. The S&P 500 slipped 0.13 percent to close at 6,606.76, while the Nasdaq eased 0.06 percent to 22,333.96. The Dow Jones Industrial Average dropped 0.27 percent, finishing at 45,757.90.