Sensex Gains 100 Points, Nifty Rises 20 as Auto Stocks Lead on GST Cut
Mumbai, 23 September 2025: The Indian stock market showed a positive trend on Tuesday as both the Sensex and Nifty ended higher, driven by gains in auto stocks following a reduction in GST rates and improved sales momentum. The Sensex rose by 100 points to trade at 82,250, while the Nifty gained 20 points to reach 25,220. Out of the 30 Sensex stocks, 15 advanced while the rest witnessed declines. Leading the rally were Maruti Suzuki, Mahindra & Mahindra, and Tata Motors, which emerged as the top gainers of the day. On the other hand, UltraTech Cement, Sun Pharma, and Adani Ports were among the laggards. In the Nifty index, 16 out of 50 stocks were trading higher. The NSE Auto Index stood out with a gain of nearly 2%, fueled by optimism over tax relief and stronger demand. However, sectors like FMCG, Realty, and Banking witnessed some selling pressure.
Global markets, meanwhile, presented a mixed picture. In Asia, Japan’s Nikkei surged 0.99% to 45,494, and South Korea’s Kospi rose 0.30% to 3,480. In contrast, Hong Kong’s Hang Seng Index slipped 0.61% to 26,183, while China’s Shanghai Composite declined 0.85% to 3,796. On Wall Street, the US markets closed with modest gains on 22 September. The Dow Jones Industrial Average inched up 0.14% to 46,382, the Nasdaq Composite rose 0.70%, and the S&P 500 advanced 0.44%.
Back in India, the market also responded to the activity of foreign and domestic institutional investors. On 22 September, Foreign Institutional Investors (FIIs) sold equities worth ₹2,910.09 crore in the cash segment. In contrast, Domestic Institutional Investors (DIIs) showed strong support by purchasing shares worth ₹2,582.63 crore. So far in September, FIIs have offloaded shares worth ₹13,481.74 crore, while DIIs have emerged as net buyers with purchases totaling ₹40,907.32 crore. In August, FIIs had sold equities worth ₹46,902.92 crore, whereas DIIs had made a significant net purchase of ₹94,828.55 crore.
The performance of the IT sector remained a matter of concern. On Monday, 22 September, the Sensex had plunged by 466 points to close at 82,160, while the Nifty slipped 125 points to settle at 25,202. The major drag came from IT shares, which fell sharply following an increase in H-1B visa fees in the United States. This development directly impacted companies with significant exposure to overseas markets. The NSE IT Index was the worst performer, shedding nearly 3% in a single session. Pharma and healthcare stocks also faced selling pressure, dropping by around 1.5%. Out of the 30 Sensex-listed companies, 19 had declined in Monday’s session.
Tuesday’s rebound highlights the resilience of domestic markets, especially with auto stocks taking the lead amid favorable tax policies. However, experts caution that volatility may persist as global uncertainties, including geopolitical tensions and changes in US visa policies, continue to weigh on investor sentiment. The balance between foreign selling and domestic buying is expected to remain a key driver for market momentum in the coming weeks.
