September 10th, Wednesday,
The Indian stock markets started Wednesday’s session on a strong footing, extending their recent rally fueled by buoyant global cues and optimism over potential GST cuts and renewed India-US trade talks.
The BSE Sensex opened 334 points higher at 81,435.78, a gain of 0.41% from the previous close, while the Nifty50 jumped 106 points to open at 24,975.20, up 0.43% day-over-day.
Both indices sustained their positive momentum through the morning, with Sensex trading in the 81,400–81,500 range.
Source: Tradingview
In fact, Nifty50 reclaimed the psychological 25,000 mark for the first time since late July.
Source: Tradingview
Almost all key sectoral indices were trading in the green until early afternoon, led by impressive gains in IT, PSU Banks, and real estate.
BSE Midcap and Smallcap indices rose around 0.5% each, showing sustained domestic participation.
But what drives this positivity in the market?
Let’s check out the three main reasons:
Major Reasons for Market Direction
1. Robust Global and Domestic Sentiment
Strong overnight gains in US and Asian equities, coupled with ongoing optimism over a revived India-US trade dialogue, spurred Indian indices higher at the open. Foreign markets advanced following signs that the US Federal Reserve could pause or even cut rates later in the year, sparking flows into riskier assets in emerging markets.
2. IT, PSU Banks and Rate Sensitives Rally
IT stocks staged an outsized move on the back of several positive triggers: Infosys’ buyback speculation, global tech outperformance, and a weakening rupee. Simultaneously, PSU banks kept their uptrend on improving credit growth and asset quality, while real estate and capital goods stocks rose on hopes that GST reform would unleash new investment in infrastructure and consumer markets.
3. Technical Breakouts and FOMO
With Nifty convincingly retaking 25,000 and technical indicators (RSI, MACD crossovers) flashing bullish, traders were emboldened by the prospect of continued momentum. The rally triggered fresh buying from both institutional and retail investors as the market eyed a further push towards 25,150–25,200 zones.
Let’s also have a look at the top 3 gainers and the top 3 losers of the market till 1:00 pm.
Top 3 gainers:
Stock Name | Previous Close (₹) | Opening Price (₹) | Last Traded Price (₹) | % Change |
ICIL (Indo Count Industries Ltd) | 237.28 | 245.10 | 284.73 | 20.00% |
FAZE3Q (Faze Three Ltd) | 454.50 | 475.45 | 545.40 | 20.00% |
COASTCORP (Coastal Corporation Ltd) | 31.30 | 32.99 | 37.56 | 20.00% |
Source: NSE
Top 3 losers:
Stock Name | Previous Close (₹) | Opening Price (₹) | Last Traded Price (₹) | % Change |
SARVES-RE (Sarveshwar Foods Ltd – Rights Entitlement) | 0.32 | 0.30 | 0.26 | -18.75% |
GOODLUCK (Goodluck India Ltd) | 1,265.10 | 1,270.00 | 1,129.10 | -10.75% |
LICMFGOLD (LIC MF Gold ETF) | 10,896.00 | 10,777.00 | 9,951.20 | -8.67% |
Source: NSE
Summary:
The Indian equity markets reasserted their bullish momentum on September 10, 2025, with Sensex and Nifty notching new 52-week highs in intra-day trading, powered by IT, PSU banks, and realty. A positive global backdrop, strong sectoral rotation, and technical breakouts set the stage for further upside, even as some profit-booking in autos reminded traders of the need for selectivity.
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