Weekly Update- 19 September 2025

NIFTY50

Nifty ended the week with a 0.85% gain, closing at 25,327. The week started on a flat note with very little movement on Monday, but as the week progressed, momentum gradually strengthened, leading to a steady upmove supported by active participation from the broader markets. Mid and small caps also contributed positively, highlighting resilience and stability across segments. The week was eventful with the US Fed announcing a 25 basis point rate cut, which improved global sentiment and provided additional support to equities. Overall, the index maintained its positive structure despite intermittent volatility, and going forward, key support is placed around 25,000 while resistance is seen near 25,500, keeping the outlook constructive with a buy-on-dips strategy favored.

BANKNIFTY

The index ended the week with a 1.19% gain, closing at 55,459. The week started on a flat note with limited movement on Monday, but momentum picked up as the days progressed, leading to a strong upside move supported by broader market participation. Notably, the index outperformed Nifty throughout the week, with PSU banks showing significant strength compared to private banks, driving the rally in the banking space. The week was also marked by global cues, as the US Fed’s 25 basis point rate cut improved market sentiment and provided a supportive backdrop for equities. Looking ahead, key support is placed around 54,700 while resistance is seen near 56,100, keeping the overall outlook positive with a buy-on-dips strategy favored.

Top Gainer

PSU Banks were top gainers for the week

Stocks include:-

BANKBARODA: up by 6.18%

CANARA BANK: up by 6.13%

PNB: up by 5.58%

SBI: up by 4.71%

Important News

•  A new $100,000 fee for H-1B visas in the United States that goes into effect on Sunday will be levied per petition and will not be applied to existing visa holders re-entering the country, the White House said on Saturday.
  This is NOT an annual fee. It’s a one-time fee that applies only to the petition,” White House spokesperson Karoline Leavitt said in a post on X on Saturday.

• The U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday. And while that’s not earth-shattering, it does signal a path to lower interest rates for the rest of the year

• Piramal Enterprises Ltd (PEL) will merge with Piramal Finance Ltd (PFL), with September 23 as the record date. PEL shareholders will receive PFL shares on a 1:1 basis, and PEL shares will cease trading from the record date. The merger consolidates the group’s financial services operations under PFL, aligning with RBI regulations and enabling operational efficiencies, broader product offerings, and improved shareholder value.

• Infosys share buyback: Infosys announced a share buyback worth ₹18,000 crore, which led to an increase in its price by 2.50% in the last six straight sessions. However, retail investors may face low acceptance ratios for tendered shares.

• Foreign portfolio investors (FPIs) are relentlessly selling in the Indian stock market. In 2025, FPIs remained net sellers in the Indian stock market by selling out Indian shares worth around ₹2,27,500 crore in the cash segment. However, they are betting high in the primary market. According to the NSDL data, collective investment of offshore funds in the Indian anchor books of the initial public offerings (IPOs) surged threefold in FY25 to around ₹26,500 crore, threefold against the previous financial year.