The stock market today opened with a modest recovery after Thursday’s sharp selloff, with the Sensex gaining around 80 points in early trade and the Nifty holding above the 23,000 mark. However, the recovery remained fragile as Nifty IT came under pressure, falling around 1% at one stage, while elevated crude oil prices, high US Treasury yields and foreign institutional selling continued to weigh on sentiment.
Stock Market Today: How Are Sensex and Nifty Trading?
Indian benchmark indices started Friday, September 25, on a relatively firm note following the steep decline seen in the previous session.
The Sensex opened at 73,525.92, compared with Thursday’s close of 73,580.54. It subsequently moved up by around 80 to 90 points in early trade, while the Nifty managed to stay above 23,000.
The recovery, however, did not develop into a broad-based rally. By around 10 am, profit booking had pushed the Sensex slightly into negative territory at 73,543.35, while the Nifty was at 23,039.85. This shows how quickly market sentiment can change in the current environment.
Why Did the Market Fall Sharply on Thursday?
To understand today’s movement, it is important to look at Thursday’s session.
The Nifty 50 fell 383.70 points, or 1.64%, to 23,063.10, while the Sensex declined 1,247.71 points, or 1.67%, to 73,580.54. The selloff was broad, with financial stocks particularly affected.
Several factors contributed to the weakness.
Crude Oil Prices Remain a Major Concern
Brent crude remained above the $100 per barrel level, with prices moving above $105 during Friday’s trading session. For India, higher crude prices can be important because the country imports a large portion of its oil requirements.
Expensive crude can increase the import bill and put pressure on inflation, the rupee and corporate costs. This is why oil prices are currently one of the key market indicators investors are monitoring.
US Bond Yields Stay Elevated
The US 10 year Treasury yield moved above 5.10%, raising concerns about global liquidity and interest rates.
Higher US yields can make dollar denominated assets relatively attractive and potentially reduce the appeal of emerging market equities. For Indian markets, this can contribute to foreign portfolio outflows and increased volatility.
Why Is Nifty IT Down Over 1%?
The Nifty IT index has been one of the weaker parts of the market.
IT stocks came under selling pressure as investors assessed the impact of high crude prices, inflation concerns and elevated US interest rates. Since many major Indian IT companies generate a significant share of their revenue from overseas markets, particularly the US, concerns about economic growth and technology spending can affect sentiment towards the sector.
Moneycontrol reported that the Nifty IT index fell up to 1% during Friday’s session. Higher US rates could potentially affect corporate spending and demand for technology services, adding to pressure on the sector.
The weakness also comes after IT stocks had already faced selling pressure in recent sessions, making the sector an important area to watch during the remainder of the trading day.
FII Selling Adds to Market Pressure
Foreign institutional investors have also remained an important factor.
FIIs sold more than ₹5,000 crore worth of Indian equities during Thursday’s sharp market decline. At the same time, domestic institutional investors have provided some support, but the scale and direction of foreign flows remain closely watched by traders and investors.
When foreign selling combines with high crude prices and elevated global bond yields, benchmark indices can become more sensitive to negative news.
What Does This Mean for Indian Investors?
For retail investors, the key takeaway from the stock market today is that the early gains in the Sensex and Nifty should be viewed in the context of elevated volatility.
The Nifty’s ability to remain above 23,000 is being closely watched after Thursday’s decline. However, an intraday level should not be treated as a guaranteed support or resistance point.
Investors with long term portfolios may want to distinguish between temporary market volatility and changes in the underlying fundamentals of individual companies. Short term traders, meanwhile, face a different environment because crude prices, global yields and institutional flows can produce rapid movements.
Opportunities and Risks
Volatility can create opportunities for investors who are evaluating companies based on long term fundamentals rather than short term price movements. However, the same volatility can also increase risk, particularly for leveraged positions and investors with short time horizons.
The major risks currently include:
- Higher crude oil prices and their impact on inflation
- Elevated US Treasury yields
- Continued foreign institutional selling
- Weakness in IT and financial stocks
- Geopolitical uncertainty
- Further pressure on the rupee
On the other hand, a sustained moderation in oil prices, easing global bond yields or stronger foreign inflows could change market sentiment.
What Should Investors Watch Next?
The immediate focus will remain on Nifty 23,000, movements in Brent crude, US Treasury yields and FII activity.
Investors should also track whether IT selling broadens into other sectors or remains concentrated in technology stocks. Financial stocks are another important area because Thursday’s decline was partly linked to concerns surrounding proposed changes to insurance distribution economics.
The broader market trend will ultimately depend on how these domestic and global factors develop rather than on one day’s movement in the Sensex or Nifty.
Conclusion
The stock market today has started with a modest recovery after Thursday’s sharp selloff, but the gains remain vulnerable to changing global and domestic cues. The Sensex initially gained around 80 points and the Nifty held above 23,000, while Nifty IT faced selling pressure of around 1%.
For Indian investors, crude oil, US bond yields, FII flows and sector specific developments remain the key factors to monitor. The early recovery provides limited information on the broader trend, particularly when market volatility remains elevated.
Frequently Asked Questions
1. Why is the stock market up today?
The Sensex and Nifty initially opened higher on September 25 after the sharp decline recorded on Thursday. The recovery was supported by bargain buying and a mildly positive opening indicated by GIFT Nifty. However, elevated crude prices, high US bond yields and foreign selling continued to limit the gains.
2. What is the Sensex level today?
The Sensex opened at 73,525.92 on September 25, 2026, compared with the previous close of 73,580.54. It subsequently gained around 80 to 90 points during early trade before giving up some of those gains as volatility increased.
3. What is the Nifty level today?
The Nifty 50 opened around the 23,000 level and initially moved higher. By around 10 am, it was trading at 23,039.85, down 23.25 points from the previous close, showing that the early recovery had weakened.
4. Why is Nifty IT falling today?
Nifty IT is under pressure amid concerns about elevated US interest rates, crude oil prices and their potential impact on inflation and global economic growth. Since Indian IT companies have significant exposure to overseas markets, particularly the US, concerns about technology spending can influence investor sentiment towards the sector.
5. Why are crude oil prices important for Indian markets?
India imports a substantial amount of its crude oil requirements, so higher oil prices can increase the country’s import bill and affect inflation and the rupee. Higher energy costs can also raise expenses for companies. Consequently, sustained increases in crude prices can influence investor sentiment across Indian equities.
6. How do US Treasury yields affect Indian stocks?
Higher US Treasury yields can influence global capital flows because investors may find US fixed income assets more attractive. Rising yields can also increase global borrowing costs. For emerging markets such as India, elevated US yields can contribute to foreign portfolio outflows and higher market volatility.
7. What happened to Sensex and Nifty on September 24?
On September 24, the Sensex fell 1,247.71 points, or 1.67%, to 73,580.54, while the Nifty declined 383.70 points, or 1.64%, to 23,063.10. Rising crude prices, higher US bond yields, rupee weakness and selling in financial stocks were among the factors behind the decline.
8. Are FIIs selling Indian stocks?
Yes. Foreign institutional investors sold more than ₹5,000 crore of Indian equities during Thursday’s sharp market decline. FII activity is closely watched because sustained foreign selling can add pressure to benchmark indices, although domestic institutional buying can partly offset these flows.
9. Is 23,000 an important level for Nifty?
The 23,000 level is being closely watched because the Nifty is trading near it after Thursday’s decline. However, support or resistance levels are market analysis concepts rather than guarantees. Investors should consider price levels alongside earnings, valuations, global markets, institutional flows and macroeconomic developments.
10. What should investors watch in the stock market today?
Investors should monitor Nifty and Sensex movements, crude oil prices, US Treasury yields, the rupee, FII and DII flows and sector specific developments. Nifty IT and financial stocks are particularly relevant given recent selling pressure. Market conditions can change during the session, so intraday movements should be interpreted with the broader economic and corporate backdrop in mind.
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Jaspreet Singh Arora is the Chief Investment Officer at Equentis, where he heads a seasoned team of equity analysts and turns two decades of market experience into portfolios that consistently beat the benchmark. A go-to voice on cement, building-materials, real-estate, and construction stocks, Jaspreet previously ran research desks at leading brokerages, honing an eye for the metrics that truly move share prices. His plain-spoken analysis helps investors cut through noise and act with conviction. When he’s not deep-diving into earnings calls, you’ll find him unwinding over sports, weekend cricket or a good history podcast.
