Sensex, Nifty rebound after 6-day fall; IT, Auto lift mood | 29 Sept 2025
Indian markets rebound on 29 September after a six-day losing streak, lifted by IT and Auto gains. With RBI policy, US-India trade talks, and shifting global cues in focus, investors remain cautious but positioned for a possible short-term recovery.
Sensex, Nifty Rebound as IT, Auto Lead Recovery | 29 September 2025, 9:10 AM IST
After a sharp weeklong slide, Indian markets opened positive with Sensex up 174.40 at 80,600.86 and Nifty gaining 73.85 at 24,728.55. IT and Auto were early leaders, aided by technical support and short covering. Investors are closely watching the RBI’s upcoming policy meet and any signals on US-India trade developments, as volatility remains likely.
Snapshot – 9:10 AM IST, 29 September 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| Nifty 50 | 24,728.55 | 73.85 | 0.30 |
| BSE Sensex | 80,600.86 | 174.40 | 0.22 |
| Nifty Bank | 54,460.40 | 71.05 | 0.13 |
| Nifty IT | 33,900.60 | 198.60 | 0.59 |
| BSE SmallCap | 52,437.44 | 156.10 | 0.30 |
| BSE MidCap | 44,826.26 | 79.00 | 0.18 |
Latest News & Trends
- Sensex and Nifty snap 6-day losing streak, led by gains in Auto and IT stocks.
- RBI policy decision and US-India trade talks are key market triggers this week; volatility may persist.
- Positive global cues, easing in US tariffs, and strong corporate updates support bullish open.
- China cuts pharma import duty to zero, partially offsetting US tariff impact and boosting pharma sentiment.
- IPO and SME segments remain active, driving broader market activity.
Predictions & Watch Outs
- Nifty faces resistance at 24,850–24,900, with strong support near 24,400–24,350.
- Sector focus: Favor IT, Auto; monitor pharma for rebound, stay nimble on financials ahead of RBI policy.
- Trade strategy: Stock-specific buying on technical support zones; maintain vigilance around policy and tariff developments.
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