The Indian stock markets closed down on Wednesday (September 24) in the fourth consecutive trading session amid weak signals received from global markets. IT shares have seen pressure in the IT shares amid change in the new H-1B visa rules of US President Donald Trump. At the same time, profits in auto and financial services shares also pulled the market down. At the same time, the market has also been under pressure due to frequent selling of foreign investors.
Market experts say the selling of foreign investors may weaken the possibility of improvement in demand related to the festive season. Foreign portfolio investors (FPI) also sold on Tuesday. He sold shares worth Rs 3,551 crore. This was his largest one day selling in India in India.
The 30 -share BSE Sensex opened by about 200 points at 81,917.65. It declined further in the beginning and it fell to 81,607.84 points during the trading session. Finally it closed at 81,715 with a decline of 386.47 points or 0.47 percent.
Similarly, the National Stock Exchange’s Nifty-50 also opened at 25,108.75. As soon as it opened, the decline became deeper. It touched the highest level of 25,027 during trading. It eventually closed at 25,056, declining 112.60 points or 0.45 percent.
Global market
The Asian market opened with a decline. The US markets saw a decline when the Federal Reserve president Jerome Powell said the prices of the shares are overwright. Japan’s Nikkei 225 index was 0.4 percent below, while Hong Kong’s Hang Seng fell 0.35 percent. At the same time, South Korea’s Cospie Index came down 0.45 percent.
Wall Street got some relief amid a decline in shares of major technical companies. In addition, Federal Reserve Chairman Jerome Powell indicated that the way to cut interest rates is not clear and this is a challenging situation. The S&P 500 index closed down 0.55 percent. The Nasdaq Composite Index fell 0.95 percent, while Dow Jones recorded an increase of about 0.2 percent.
IPO update
The allocation of IPO of GK Energy can be finalized on Wednesday (24 September 2025). After good response from investors and over 89 times the oversbscription, the IPO closed for applications on Tuesday (September 23).
On the main board, IPOs of Jain Resource Recycling, BMW Ventures and EPAC Prefab Technologies will open for public membership. At the same time, Anand Rathi is the second day of IPOs of Share and Stock Brokers, Seshasai Technologies, Solarworld Energy Solutions and Jaro Institute of Technology Management and Research. The bid for the IPO of Ganesh consumer products and Atlanta Electricals will be closed today. VMS TMT will be listed on the exchange today.
In the SME sector, the IPOs of Preliminary Technologies, Gurunanak Agriculture India, Riddhi Display Equipments, Justo Realphintech and Systematic Industries will open for public membership. IPOs of Ecoline Exim, NSB BPO Solutions, Matrix Jio Solutions, True Colors, Aptus Pharma and Bharatrohan Airborn Innovations will be listed on the second day. The Solvex Edibles will be listed on the BSE SME SME platform, while Prime Cable Industries will be listed on NSE SME SME platform.
