Indian benchmark indices experienced a slight downturn on Monday, September 15, 2025, with the Sensex falling by almost 119 points. The Nifty also ended its impressive eight-day winning streak during a notably volatile trading session. This market correction was largely due to investors engaging in profit-taking, especially within the IT and auto sectors, following their recent strong rallies.
After five consecutive days of gains, the 30-share BSE Sensex closed down by 118.96 points, representing a modest dip of 0.15%, to finish at 81,785.74. Throughout the trading day, the index saw fluctuations, reaching an intraday high of 81,998.51 before touching a low of 81,744.70.
Similarly, the broader 50-share NSE Nifty index recorded a decline of 44.80 points, or 0.18%, closing at 25,069.20. This brought an end to its remarkable eight-day period of continuous ascent.
Market analysts highlighted that many investors adopted a wait-and-watch approach, choosing to remain on the sidelines. Their cautious stance was primarily driven by anticipation of the crucial U.S. Federal Reserve policy meeting scheduled for later this week.
Among the companies listed on the Sensex, several notable firms experienced losses. These included Mahindra & Mahindra, Asian Paints, Infosys, Titan, Sun Pharma, Tata Consultancy Services, Tech Mahindra, and Power Grid, all of which contributed significantly to the market’s decline.
Conversely, a few companies managed to buck the trend and finished in positive territory. Bajaj Finance, Eternal, UltraTech Cement, and Reliance Industries were among the prominent gainers during the session.
Vinod Nair, Head of Research at Geojit Investments Limited, commented on the market’s performance, stating, “Benchmark indices largely stayed flat as investors exercised caution ahead of the Federal Reserve’s policy announcement. The IT sector, in particular, saw some profit-taking after its strong rally last week. While a 25-basis point rate cut is widely expected, markets are eager for clarity on the Fed’s future rate trajectory to understand the potential impact on bond yields.”
Nair added, “Robust domestic consumption continues to provide a strong foundation for market sentiment and helps to cap any significant downside. Additionally, renewed optimism surrounding trade agreements and an anticipated recovery in corporate earnings during the second half of fiscal year 2026 are further boosting investor confidence.”
Looking at other Asian markets, South Korea’s Kospi and Hong Kong’s Hang Seng indices closed with gains, indicating a positive sentiment there. In contrast, Shanghai’s SSE Composite index ended the day in negative territory. Japan’s stock market remained closed for a public holiday.
Earlier on Friday, U.S. markets concluded with a mixed performance, setting a somewhat uncertain tone for global trading.
It’s worth noting the strong performance from the previous trading day: on Friday, the Sensex surged by 355.97 points (0.44%), closing at 81,904.70, marking its fifth consecutive day of upward movement. The Nifty also gained significantly, rising by 108.50 points (0.43%) to reach 25,114, completing its eighth straight day of rallying.
Reflecting on the broader trend, the BSE benchmark recorded an impressive weekly gain of 1,193.94 points (1.47%), while the Nifty advanced by 373 points (1.50%) over the last week. In total, the Nifty has seen a substantial jump of 534.4 points, or 2.17%, across the past eight trading days, highlighting the recent bullish sentiment before Monday’s correction.
In commodity markets, the global oil benchmark, Brent crude, saw a modest increase of 0.48%, reaching $67.31 per barrel.
Exchange data revealed that Foreign Institutional Investors (FIIs) remained net buyers on Friday, purchasing equities valued at ₹129.58 crore, which indicates continued foreign confidence in the market despite Monday’s minor dip.