The Indian stock market’s recent three-day winning streak came to an abrupt halt on Friday, September 19, 2025. The benchmark BSE Sensex fell by 387 points, largely driven by investors cashing in on profits from major banking stocks like HDFC Bank and ICICI Bank.
The 30-share BSE Sensex closed at 82,626.23, marking a 0.47% drop. Earlier in the trading session, it dipped further by 0.63% to 82,485.92 points. Similarly, the broader 50-share NSE Nifty index recorded a 0.38% decrease, closing at 25,327.05.
Key stocks that dragged down the Sensex included HCL Tech, ICICI Bank, Titan, Trent, Kotak Mahindra Bank, Hindustan Unilever, Mahindra and Mahindra, and HDFC Bank.
In contrast, several stocks managed to post gains, notably Adani Ports, Bharti Airtel, SBI, NTPC, and Sun Pharma. The entire Adani Group witnessed a significant surge, with shares like Adani Power, Adani Total Gas, Adani Green Energy, Adani Enterprises, and Adani Energy Solutions climbing by as much as 13%. This impressive rally followed a crucial announcement from market regulator Sebi, which cleared billionaire Gautam Adani and his conglomerate of stock manipulation allegations previously brought forth by U.S. short-seller Hindenburg Research.
The Sebi investigation concluded that the fund transfers between various Adani group companies were in compliance with existing regulations.
Across Asia, market sentiment was mixed. South Korea’s Kospi, Japan’s Nikkei 225, and Shanghai’s SSE Composite index all closed lower, while Hong Kong’s Hang Seng index managed to finish the day in positive territory.
Meanwhile, the global oil benchmark, Brent crude, saw a slight dip of 0.55%, trading at $67.07 per barrel.
According to exchange data, foreign institutional investors (FIIs) showed confidence by purchasing equities worth ₹366.69 crore on Thursday.
This Friday’s decline follows Thursday’s robust performance, where the Sensex rallied 320.25 points (0.39%) to 83,013.96, and the Nifty advanced 93.35 points (0.37%) to 25,423.60.