The Indian stock market opened with a decline on Wednesday (24 September) amid weak global signals. Investors were cautious about the change in the new H-1B visa rules by US President Donald Trump. He was also keeping a close watch on the visit of Commerce Minister Piyush Goyal to talk to the US to talk on the trade agreement with the US.
Constant selling of foreign investors may reduce the chances of improving consumer demand related to the festive season. Foreign portfolio investors (FPIs) also sold shares worth ₹ 3,551 crore on Tuesday. It was his largest ODI selling ever in India in India.
The 30 -share BSE Sensex declined by about 200 points to 81,917.65, while it opened at 81,844.63 at 81,917.65 at 9:20 am or at 81,844.63. Similarly, the National Stock Exchange’s Nifty opened at 50 25,108.75. The decline soon deepened and by 9:20 am it was trading at 25,080 by 76.95 points or 0.31 percent by 9:20 am.
Global market
The Asian market opened with a decline. The US markets have been a decline since the Federal Reserve president Jerome Powell announced the excessive disarmament of the share prices. Japan’s Nikkei 225 index fell 0.4 percent, while Hong Kong’s Hang Seng fell 0.35 percent. South Korea’s Kospi index fell 0.45 percent.
Wall Street breathed a sigh of relief amid a decline in shares of big tech companies. Additionally, Federal Reserve Chairman Jerome Powell indicated that the way to cut interest rates is not clear, making the situation challenging. S&P 500 closed down 0.55 percent. The Nasdaq Composite Index fell 0.95 percent, while Dow Jones rose by about 0.2 percent.
IPO update
The allocation of IPO of GK Energy is expected to be closed on Wednesday (September 24, 2025). After the investors’ good response and over 89 times the subscription, the IPO closed for public subscription on Tuesday (September 23).
On the main platform, IPOs of Jain Resource Recycling, BMW Ventures and EPAC Prefab Technologies will be opened for public guidance. Anand Rathi Share and Stock Brokers, Seshasai Technologies, Solarworld Energy Solutions and Jaro Institute of Technology Management and Research have their second day. The bid for the IPO of Ganesh consumer products and Atlanta Electricals will be closed today. VMS TMT will start on the exchange today.
In the SME sector, introduction will open for public subscription for public subscriptions, in the SME region, Gurunanak Agriculture India, Riddhi Display Equipments, Justo Realphintech and Systematic Industries. The IPOs of Ecoline Exim, NSB BPO Solutions, Matrix Jio Solutions, True Colors, Aptus Pharma and Bharatrohan Airborn Innovations are 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.