Indian stock markets exhibited a positive trend today, with both the Sensex and Nifty 50 indices registering gains. The Sensex closed marginally higher, while the Nifty 50 surpassed the 25,100 mark.

Market Performance:

• Sensex: The S&P BSE Sensex closed at 81,904.70, gaining 355.97 points, or 0.44%.
• Nifty 50: The NSE Nifty 50 settled at 25,114.00, up by 108.50 points, or 0.43%.
• Bank Nifty: The Bank Nifty index closed at 54,809.30, with a gain of 139.70 points, or 0.26%.

Market Drivers and Expectations:

The Indian market sustained its upward trajectory for the week ended September 12, 2025, with the Nifty-50 index gaining over 1.5%. Positive global cues and buying interest in Auto, metal and IT stocks supported the market.

Anticipation of progress in U.S.-India trade negotiations also underpinned market sentiment.

Technical Outlook:

According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty 50 appears to be consolidating its recent gains and gradually forming a base. He added that as long as it sustains above 24,850, the undertone remains constructive, and a decisive move beyond 25,150 may set the stage for a rally towards 25,500 in the near term.

Mayank Jain, Market Analyst at Share.Market (PhonePe Wealth), noted that the immediate resistance for the Sensex lies between 82,200 and 82,300 points. Jain believes that if the index manages to hold above this range, it could trigger a new upward move towards 82,500. He sees support between 81,200 and 81,000 points on the downside.

Amol Athawale, VP Technical Research, Kotak Securities, believes that as long as the Sensex is trading above 81,800, the bullish sentiment is likely to continue. He expects immediate resistance zones for the bulls at 82,200 - 82,400 and a potential push towards 83,300 - 83,500 with a successful breakout above 82,400.

Stock-Specific Highlights:

• Tata Technologies: Shares of Tata Technologies rose after the company announced its acquisition of ES-Tec Group for €75 million.
• Eternal (Zomato): Shares of Eternal, formerly known as Zomato, also saw a rise. JP Morgan has increased Eternal's price target, which reflects Blinkit's growth, footprint expansion, and customer acquisition.

Global Cues:

Global markets presented mixed cues. Asian markets traded mostly higher, while the U.S. markets ended mixed, with the Nasdaq posting a record high close. Investors are awaiting the U.S. Federal Reserve's policy meeting, where the central bank is expected to resume its easing cycle.

Key levels to watch:

• Nifty: 25,150–25,200 zone will act as a near-term resistance. A move above 25,200 could trigger a rally towards 25,500 and potentially 25,700 in the short term. The 24,950–24,900 zone is expected to offer strong support.
• Bank Nifty: Immediate resistance zone is placed near 54,900 – 55,000 levels. The recent breakout point near 54,500 will serve as good support.