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Below the Quote on Post Market Comment by Hardik Matalia, Research Analyst, Choice Broking

On September 5, Indian benchmark indices experienced slight volatility and ended in negative territory. The Sensex closed down by 151.48 points, or 0.18 percent, at 82,201.16, while the Nifty fell by 53.60 points, or 0.21 percent, to 25,145.10.

On the daily chart, the index opened positively but erased all gains by the end of the session, closing near the day's low. The Nifty 50 extended its losing streak for the second consecutive session on September 5, falling below 25,150 ahead of upcoming US economic data. A close above the 25,300 level could push the market higher toward a short-term target of 25,500.

Sector-wise, selling pressure was observed in auto, energy, and realty sectors, while buying interest was noted in the bank, metal, IT, and media sectors. The broader indices saw some gains, with the Nifty Midcap 100 index rising by 0.4 percent and the Nifty Small Cap 100 index increasing by 1 percent.

The India VIX declined by 1.18 percent to 14.2075, indicating reduced market volatility and increased investor confidence, which could support further market gains. Open Interest (OI) data showed the highest OI on the call side at the 25,200 and 25,300 strike prices, while on the put side, it was concentrated at the 25,000 strike price.

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