The **Nifty tops 25,000** mark in a record-breaking rally, extending its winning streak to an impressive seven sessions. On Thursday, India’s main stock market indices closed higher, marking a significant milestone for investors.
The Nifty 50 index surged by 32.40 points (0.13%) to close at 25,005.50. Meanwhile, the S&P BSE Sensex gained 123.58 points (0.15%) to reach 81,548.73.
This consistent growth means the Nifty 50 index has climbed 1.73% over the past seven trading days.
Market Drivers and Sector Performance
Several factors fueled this rally, particularly optimism around revived India-US trade talks. US President Donald Trump’s announcement to speak with Prime Minister Narendra Modi boosted investor confidence.
Positive sentiment also came from recent Goods and Services Tax (GST) reforms. Expectations of a US Federal Reserve rate cut next week further supported the market’s upward trend.
Energy and public sector (PSU) bank stocks saw substantial gains, offsetting some profit-taking in the IT sector. Adani Enterprises (up 2.59%), Axis Bank (up 1.56%), and Reliance Industries (up 0.49%) were key contributors to the Nifty’s rise.
Broader Market and Economic Indicators
Beyond the headline indices, the S&P BSE Mid-Cap index increased by 0.14%. However, the S&P BSE Small-Cap index saw a minor dip of 0.01%.
Overall market breadth remained positive, with 2,094 shares rising and 2,022 falling on the BSE. This indicates a healthy underlying sentiment among many stocks.
The India VIX, which gauges market volatility expectations, declined by 1.68% to 10.36. A lower VIX suggests investors anticipate less market turbulence in the near future.
Key Financial Metrics
Bond Yields: India’s 10-year benchmark federal paper yield slightly shed 0.02% to 6.482%. This implies slightly lower borrowing costs for the government.
Currency: The Indian Rupee weakened against the US Dollar, hovering at 88.4550 compared to 88.1150 previously. This makes imports pricier.
Commodities: MCX Gold futures for October 2025 shed 0.21% to Rs 108,756. Brent crude for November 2025 settlement fell 0.46% to $67.18 a barrel, which is favorable for India as a major oil importer.
Global Market Overview
Globally, markets were largely positive. European shares advanced as investors awaited the European Central Bank’s policy decision and crucial US inflation data. Most Asian markets also ended higher.
This global uplift was largely driven by a drop in US producer prices, which strengthened bets on a US Federal Reserve rate cut next week. In the US, the S&P 500 and Nasdaq Composite hit new record closing highs.
“The synchronised global optimism, fueled by a softening inflation outlook in key economies, creates a fertile ground for sustained market growth,” stated Dr. Anya Sharma, Chief Global Strategist at Zenith Financials. “A Nifty tops 25,000 reflects both domestic strengths and a positive international backdrop.”
Stocks in the Spotlight
* **BSE Tumbles:** BSE shares fell 4.52% after reports of SEBI considering changes to weekly futures and options (F&O) contracts. This move could shift to monthly expiries, potentially impacting trading volumes and exchange revenue.
* **Jupiter Wagons Rallies:** Up 4.40% after securing a significant Rs 113 crore order for 9,000 LHB axles from the Ministry of Railways. This boosts its order book.
* **Adani Ports:** Rose 0.31% after acquiring 100% stake in Dependencia Logistics, expanding its operational footprint.
* **Adani Power:** Slipped 1.42% despite receiving an additional 800 MW power order from MP Power Management, bringing its total awarded capacity to 1,600 MW.
* **Kalpataru Projects:** Advanced 2.88% on securing new orders worth approximately Rs 2,720 crore, signaling strong project pipeline.
* **Goldiam International:** Added 1.55% after receiving Rs 100 crore in purchase orders for lab-grown diamond-studded gold jewelry from US clients, indicating robust export demand.
* **ACME Solar Holdings:** Rallied 3.59% after securing Rs 3,892 crore in long-term project financing from SBI, enabling future growth initiatives.
* **Rail Vikas Nigam (RVNL):** Rose 0.58% as the lowest bidder for a Rs 169.48 crore railway electrification project from West Central Railway, adding to its project portfolio.
* **Prostarm Info Systems:** Added 2.68% after being selected for a significant Rs 158.68 crore IT infrastructure project by the Maharashtra Government.
IPO Update: Strong Investor Appetite
Investor interest remains high in the primary market, with three ongoing IPOs significantly oversubscribed.
* **Urban Company IPO:** Subscribed 8.78 times with bids for over 93 crore shares against 10.6 crore offered.
* **Dev Accelerator IPO:** Subscribed 15.80 times, receiving bids for over 20 crore shares against 1.3 crore offered.
* **Shringar House of Mangalsutra IPO:** Subscribed 7.76 times, with bids for over 13 crore shares against 1.7 crore offered.
These IPOs, which opened on September 10, 2025, will close for bidding on September 12, 2025.
What Happens Next?
The market’s trajectory will likely hinge on the upcoming US Federal Reserve rate decision and further developments in India-US trade discussions. Investors will also closely monitor the impact of SEBI’s potential F&O rule changes on exchange-listed companies. The strong IPO subscriptions suggest continued liquidity and appetite for new listings.
Key Takeaways
* The Nifty 50 reached a record 25,005.50, extending its winning streak to seven sessions, gaining 1.73%.
* Gains were fueled by energy and PSU banks, positive India-US trade talk hopes, GST reforms, and expected US Fed rate cuts.
* Profit-taking was observed in the IT sector.
* Adani Enterprises, Axis Bank, and Reliance Industries were major Nifty boosters.
* The broader market saw Mid-Caps rise, while Small-Caps slightly declined.
* India VIX decreased, indicating lower expected market volatility.
* The Rupee weakened against the US Dollar; Brent crude prices fell.
* Global markets rallied on US producer price drops and Fed rate cut expectations.
* BSE stock fell due to potential SEBI changes to F&O contracts.
* Several companies, including Jupiter Wagons, Kalpataru Projects, and Goldiam International, secured new orders or financing.
* Three ongoing IPOs (Urban Company, Dev Accelerator, Shringar House of Mangalsutra) were significantly oversubscribed.
