Introduction
The Market Update September 2nd Week brings encouraging news for Indian investors, with equity benchmarks staging a broad-based recovery. Despite lingering global uncertainties, the domestic market showcased resilience driven by sectoral rotation, robust domestic demand, and optimism around GST reform tailwinds. This weekly market update highlights how indices, sectors, and individual stocks performed while also outlining key events for the coming week.
The stock market update reflects a blend of cautious foreign institutional investor (FII) activity and strong domestic institutional investor (DII) support, ensuring stability even as global markets grappled with inflationary signals and policy shifts. Let’s break down the performance in detail.
Index Performance
The week saw Indian benchmark indices moving firmly higher, signaling positive investor sentiment.
- Nifty 50 closed at 25,114, posting a 1.51% gain.
- Sensex followed with solid buying interest across large-cap names.
- Nifty Midcap and Smallcap indices outperformed, gaining 1.86% and 1.42%, respectively.
FII flows remained on the selling side, with net outflows worth ₹5,786 crore, yet DIIs absorbed much of the selling pressure. Interestingly, FIIs reduced their short positions, sparking a short-covering rally that further boosted equities.
Meanwhile, the rupee hovered at a record low near ₹88.28/$, raising concerns over imported inflation. On the commodities front, gold prices stayed elevated, supported by global uncertainty and currency weakness.
Major Indices Weekly Performance
| Index | Weekly % Change |
|---|---|
| Nifty 50 | +1.51% |
| Nifty Midcap | +1.86% |
| Nifty Smallcap | +1.42% |
Top Performing Indices
A key highlight of the Market Update September 2nd Week was the stellar run in defence-related stocks. The Nifty India Defence Index surged 7%, buoyed by government policy support and heightened geopolitical concerns. Technology stocks also joined the rally, with Nifty IT advancing 4.26%, reversing prior weeks of underperformance.
Table: Top Gaining Indices
| S.No | Index | Weekly % Change |
|---|---|---|
| 1 | Nifty India Defence | +7% |
| 2 | Nifty IT | +4.26% |
| 3 | BSE Cap Goods | +4.25% |
Worst Performing Indices
Not all indices shared the bullish momentum. BSE Consumer Durables slipped 1.19%, largely on profit booking. SME IPOs also faced pressure with the BSE SME IPO Index losing 0.88%, while Nifty Media was almost flat at +0.04%.
Table: Lagging Indices
| S.No | Index | Weekly % Change |
|---|---|---|
| 1 | BSE Consumer Durables | -1.19% |
| 2 | BSE SME IPO | -0.88% |
| 3 | Nifty Media | +0.04% |
Sectoral Highlights
The weekly market update also revealed clear winners and laggards across sectors.
Top sectors like defence, IT, auto, PSU banks, and financial services benefited from policy tailwinds and strong earnings visibility. Notably, Nifty Auto gained 2.07%, supported by robust sales data, while Nifty PSU Bank advanced 2.94%.
Top Performing Sectors
| Sector | Weekly % Change |
|---|---|
| Others | +8.64% |
| Forest Materials | +5.6% |
| Hardware Technology & Equipment | +5.31% |
| General Industrials | +4.02% |
| Automobiles & Auto Components | +3.09% |
On the flip side, Fertilizers (-3.92%) and Retailing (-1.85%) dragged sentiment. FMCG and consumer-linked businesses also remained weak, weighed down by margin concerns and rural demand slowdown.
Weakest Sectors
| Sector | Weekly % Change |
|---|---|
| Fertilizers | -3.92% |
| Retailing | -1.85% |
| FMCG | -1.34% |
| Food, Beverages & Tobacco | -0.47% |
| Cement & Construction | -0.38% |
Top Gainer Stocks of the Week
The stock market update showed several standout performers, particularly in auto, energy, and metals.
- JBM Auto soared 16.19% after securing fresh funding.
- NLC advanced nearly 15% on signing a strategic MoU.
- Hindustan Copper rallied 14.67% on new capex plans.
- Waaree Energies continued its upward trend, gaining 12.88%.
- Intellect Design Arena jumped 12.73% on strong traction in digital services.
Table: Top Gainers
| S.No | Stock | Weekly % Change | LTP (₹) | Key Driver |
|---|---|---|---|---|
| 1 | JBM Auto | +16.19% | 712.95 | Funding Secured |
| 2 | NLC | +14.97% | 262.74 | MoU Signed |
| 3 | Hindustan Copper | +14.67% | 280.05 | Capex Plan |
| 4 | Waaree Energies | +12.88% | 3634.20 | New High |
| 5 | Intellect Design Arena | +12.73% | 1021.95 | Digital Growth |
Top Loser Stocks of the Week
Some stocks faced heavy selling, particularly in FMCG and healthcare.
- Rattan Enterprises dropped 8.88%, the steepest decline.
- Godfrey Phillips slipped 8.46% following a bonus announcement.
- Trent corrected 7.21% amid valuation concerns.
- Metropolis Healthcare and Global Health also fell over 6%.
Table: Top Losers
| S.No | Stock | Weekly % Change | LTP (₹) | Key Driver |
|---|---|---|---|---|
| 1 | Rattan Enterprises | -8.88% | 56.47 | Weak Outlook |
| 2 | Godfrey Phillips | -8.46% | 10,136 | Bonus Issue |
| 3 | Trent | -7.21% | 5130 | Profit Booking |
| 4 | Metropolis Healthcare | -6.48% | 2063 | Weak Earnings |
| 5 | Global Health | -6.11% | 1322.3 | Margin Pressure |
Events to Watch Next Week
Investors will closely track economic data, corporate actions, and monetary updates.
Key Economic Data Releases
| Date | Indicator | Actual | Forecast | Prior |
|---|---|---|---|---|
| Sept 15 | Passenger Vehicles Sales YoY | – | 1.5% | – |
| Sept 15 | WPI Inflation YoY | 0.3% | – | -0.58% |
| Sept 15 | Balance of Trade | -27.35B | – | – |
| Sept 15 | Unemployment Rate | 5.3% | 5.2% | – |
| Sept 19 | Forex Reserves | 698.27B | – | – |
Corporate Actions
Bonus Issues
| Company | Ex-Date | Ratio |
|---|---|---|
| GHV Infra | 16 Sept 2025 | 3:2 |
| Godfrey Phillips | 16 Sept 2025 | 2:1 |
Stock Splits
| Company | Ex-Date | Old FV | New FV |
|---|---|---|---|
| Adani Power | 22 Sept 2025 | 10.00 | 2.00 |
| Zydus Wellness | 18 Sept 2025 | 10.00 | 2.00 |
| GHV Infra | 16 Sept 2025 | 10.00 | 5.00 |
Buyback
| Company | Ex-Date | End Date | Mode | Max Price | Amount (Cr) |
|---|---|---|---|---|---|
| Bajaj Consumer | 4 Sept | 17 Sept | Tender | 290 | 186.60 |
Conclusion
The Market Update September 2nd Week highlights a resilient recovery in Indian equities, powered by sectoral rotation and domestic institutional support. Defence, IT, and auto stocks led gains, while consumer durables and FMCG dragged. With FIIs cautious but reducing shorts, and DIIs stepping up, the undertone remains optimistic.
As the weekly market update reflects, the road ahead depends heavily on macroeconomic data, corporate actions, and currency movement. For now, the stock market update points towards a cautiously bullish outlook, though volatility cannot be ruled out in the coming sessions.
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