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Below the Quote on Closing Market Summary 11th September 2025 by Hardik Matalia, Derivative Analyst - Research at Choice Equity Broking Private Limited

The Nifty50 index extended its winning run for the 7th straight session on Thursday, closing above the psychological 25,000 mark. Indian equity markets ended higher, supported by buying in energy, PSU banks, oil & gas, media, and pharma stocks, while IT and auto names faced selling pressure. Sentiment stayed upbeat on hopes of a US Fed rate cut, stable domestic macro cues, and positive signals from India–US trade talks. The Sensex rose 123 points to 81,549, while the Nifty gained 32 points to end at 25,006. Broader markets were steady, with the BSE Midcap and Smallcap indices finishing flat, showing selective interest beyond large caps.

Sector Performance Oil & Gas, PSU banks, and energy stocks led the gains, while pharma rallied for the third day in a row. On the other hand, IT slipped 0.5% as Infosys and Wipro saw profit-booking, while autos and consumer durables also traded weak.

The index formed a bullish candle and held above 25,000, reinforcing strength after renewed optimism over U.S.–India trade talks and expectations of GST rate cuts lifted investor mood today. Analysts note that a move beyond 25,250–25,400 is required for further upside. On the downside, support lies at 24,800, aligned with the 20-day EMAs.

BankNifty index closed at 54,670, up 134 points, after oscillating in a narrow band between 54,400 and 54,750. Gains were driven by Axis Bank, Hdfc Bank, and SBI, but weakness in ICICI Bank capped advances. Resistance is placed at 55,000, while support lies at 53,600–54,000. A breakout above 55k could trigger strong buying.

India VIX stayed calm at 10.36, showing stable sentiment. Options data highlighted the highest Call OI at 25000 & 25200 and Put OI at 24,900, confirming 25,200 as resistance and 24,900 as strong support.

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