Nifty 50 closed at 24,894.25, down by 162.65 points (-0.62%). Bank Nifty closed at 54,954.15, down by 167.35 points (-0.26%). Sensex closed at 81,194.99, down by 520 points (-0.64%).
Tata Motors, Trent, Asian Paints, TCS, and Power Grid were among the major losers on the Nifty, while gainers were Bharat Electronics, Hindalco, Axis Bank, ONGC, and Hero MotoCorp. On the sectoral front, Telecom, metal, and capital goods indices up 0.4% each, while IT, realty down 1% each. BSE Midcap and Smallcap indices down 0.4% each.
US Markets
- Dow Jones Futures jumped by 37.00 points, up 0.082%, currently trading at 46,479.00 as of 25th September 2025.
European Markets
- FTSE (UK) shrank by 24.05 points, down by 0.26%, standing at 9,226.38.
- CAC (France) plummeted by 49.94 points, down by 0.64%, at 7,778.47.
- DAX (Germany) plummeted by 147.25 points, down by 0.63%, at 23,518.45.
Global events/updates
The U.S. has widened its import investigations under national security rules to include robotics, industrial machinery, and medical devices such as masks, syringes, wheelchairs, and pacemakers. This could lead to new tariffs. Previously, similar measures under Section 232 were applied to steel, aluminum, copper, and automobiles, reflecting a broad effort to protect domestic industries.
H&M shares surged 10% after the retailer reported stronger-than-expected Q3 results, signaling progress in its turnaround strategy. Operating profit rose 40% year-on-year to 4.9 billion Swedish krona, surpassing the 3.7 billion forecast. Net sales also beat expectations, reaching 57 billion krona, slightly above the anticipated 56.8 billion, boosting investor confidence.
Shares of defence companies following US President Trump’s support for Ukraine reclaiming its lost territory. His remarks at the UN boosted European defence stocks like Saab and Hensoldt. Indian defence firms, tied to European partners, could benefit from increased rearmament, while India’s defence exports to Europe continue to grow rapidly.
U.S. tech stocks fell as investors worry about an AI-driven bubble, contributing to consecutive market losses. Meanwhile, the Trump administration may impose tariffs on robotics and medical equipment. OpenAI plans to use Nvidia’s investment to lease chips, and Xiaomi is exploring European showrooms for expansion. Professionals are weighing Europe’s limited market advantage against the U.S. slowdown.
China’s Xiaomi plans to open showrooms in Europe for its 2027 electric vehicle launch, with potential local manufacturing in the future. Vice President Xu Fei stated the company won’t design an entirely new model for the region. The move reflects Xiaomi’s strategy to expand its EV presence in Europe while leveraging existing products.
Also read: Defence stock jumps after reports of Ministry of Defence to sign ₹67,000 Cr contract for fighter jets
Stock news
Digikore Studios Ltd: Digikore secured a ₹2.60 crore European project for VFX and Virtual Production, strengthening its European presence. This reinforces its leadership in Virtual Production and supports its FY26 revenue target of ₹60 crore.
Optiemus Infracom CMF: Optiemus Infracom plans to become India’s first global smartphone and smart hardware company through a strategic joint venture with Nothing Electronics, aiming to manufacture electronic products under the Nothing brand and expand international operations.
Hindustan Aeronautics Limited (HAL): HAL is set to sign a contract with India’s Ministry of Defence for 97 Tejas Mark-1A fighter jets, valued at ~₹67,000 crore. This follows the government’s August approval, expanding its prior 83-jet ₹47,000 crore deal from 2021.
Natco Pharma: Natco Pharma’s board approved evaluating a demerger of its Agro business into a separate entity. This aims to unlock value, enhance growth, provide operational focus, and allow dedicated management and branding for each business segment.
Jupiter Wagons Limited: Jupiter Electric Mobility, part of Jupiter Group, launched 10 ft and 20 ft containerised Battery Energy Storage Systems (BESS). The first 10 ft BESS is supplied in partnership with GMMCO to Greenlit, supporting India’s green energy push.
Globe International Carriers Ltd: Globe International Carriers announced October 15, 2025, as the record date for a 1:2 stock split and a 1:1 bonus issue, aiming to enhance liquidity, broaden shareholder base, and improve stock accessibility.
Kilburn Engineering Ltd: Kilburn Engineering’s subsidiary M.E. Energy secured ₹80.28 crore in new orders, including ₹51 crore for a 12 MW waste heat power project and ₹17.7 crore from Shree Cement for energy-efficient biomass systems, boosting growth and sustainability.
Sterlite Technologies: STL expanded its UK partnership with Netomnia to co-develop advanced optical solutions. This multi-year agreement enables end-to-end FTTH connectivity, supporting faster, cost-efficient full-fibre network rollouts across the UK.
Avantel Ltd: Avantel received a ₹3.95 crore purchase order from the Indian Navy for Satcom Systems. The domestically manufactured order is scheduled for completion by September 2026, strengthening the company’s defense technology portfolio.
Diffusion Engineers: Diffusion Engineers secured a ₹7.6 crore order to supply rollers for cement mill roller presses over the next ten months from a domestic client, supporting its ongoing industrial equipment business and revenue growth.
Viviana Power Tech: Viviana Power Tech announced a bonus equity issue in the ratio of 3:5. Shareholders will receive the bonus by November 25, 2025, enhancing investor value and distributing profits efficiently.
Shree Refrigerations Ltd: Shree Refrigerations secured a ₹25.60 crore order from Mazagon Dock Shipbuilders to supply AC plant B&D spares for P17A class ships. The delivery is scheduled over seven months, strengthening its defense contracts portfolio.
Dev Information Technology Ltd (DEV IT): DEV IT secured a ₹71 lakh order from GIPL to upgrade and migrate its cluster to a modern data center, deploy e-Governance applications, and implement Microsoft Windows Server 2025, to be executed in 2–3 weeks.
Brokerage Recommendations
Mahindra Lifespace
- Target Price:- Rs 500 apiece
- Upside:- 34.28%
- By Choice Equity Broking Private Ltd
Associated Alcohols & Breweries
- Target Price:- Rs 1,300 apiece
- Upside:- 32.1%
- By Choice Equity Broking Private Ltd
Hindalco Industries
- Target Price:- Rs 900 apiece
- Upside:- 21%
- By Emkay
Gulf Oil India
- Target Price:- Rs 1600 apiece
- Upside:- 31%
- By Choice Equity Broking Private Ltd
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| Hindustan Copper Ltd (6.04%) | Tata Investment Corporation Ltd (-6%) |
| Netweb Technologies India Ltd (6%) | Godrej Agrovet Ltd (-3%) |
| eClerx Services (6%) | Home First Finance Company India Ltd (-4%) |
| AWL Agri Business Ltd (4%) | Ramkrishna Forgings (-4%) |
| Hindustan Zinc Ltd (3%) | JM Financial Ltd (-3.64%) |
Conclusion: Markets ended lower with Nifty, Sensex, and Bank Nifty slipping, dragged by IT and realty, though telecom and metals gained. Global cues remain cautious amid U.S. tariff probes and AI bubble worries. Stock-specific action stayed strong with defence, tech, and manufacturing updates, while brokerages maintained selective bullish outlooks across sectors.
Written by Abhishek Singh
