Stock Market Today: Nifty at 24,844 and Sensex at 81,019 as Infosys Climbs to Rs. 1,496.90

Overview

• Indian stock market today gained on strong IT performance, with Infosys share price jumping 4.47%.

• Sensex climbed 232 points and Nifty rose 70 points despite weak banking sector trends.

• Gold futures crossed Rs. 1.1 lakh on MCX, marking fresh record highs.

Indian stock market today, on September 9, 2025, kicked off the trading session on a positive note. Benchmark indices are gaining momentum, driven primarily by strong performance in information technology stocks. Nifty 50 index climbed 70.90 points to reach 24,844.05, marking a 0.29% increase. Similarly, BSE Sensex advanced 232.03 points to settle at 81,019.33, also gaining 0.29%. Let’s explore how different stocks and sectors performed today based on Moneycontrol Live Updates.

IT Sector Takes Center Stage

The day's star performer was undoubtedly the IT sector, with Nifty IT index surging 2.42% to reach 35,140.15, adding 829.70 points. This strong performance was led by major technology companies, with Infosys share price leading gains, climbing 4.47% to Rs. 1,496.90. The software giant was also the most active stock in terms of value, with trading worth Rs. 1,000.71 crore.

Other IT majors joined the rally, with Wipro gaining 2.49% to Rs. 248.55, and Tech Mahindra advancing 1.95% to Rs. 1,489.20. This surge in IT stocks comes at a time when the sector is witnessing renewed investor interest amid global technology trends.

Banking Sector Shows Mixed Signals

While IT stocks soared, the banking sector presented a more subdued picture. Nifty Bank index declined marginally by 0.07%, losing 35.80 points to 54,151.10. Despite this overall weakness, HDFC Bank managed to remain one of the most actively traded stocks with a turnover of Rs. 506.84 crore, though it posted minimal gains of 0.06%.

Broader Sectoral Performance

The broader market showed mixed trends, with smaller indices underperforming compared to their larger counterparts. BSE Smallcap index managed a modest gain of 0.16%, adding 83.77 points to reach 52,994.40. However, mid-cap and small-cap stocks generally lagged behind the benchmark indices. Market breadth was favorable, with 1,436 stocks advancing against 1,234 declining on NSE, indicating positive sentiment among investors.

Also Read: Adani Power Share Price at Rs. 637.90, Jumps 4.63% on Bhutan Hydropower Deal

Corporate Developments Drive Individual Stock Movements

Several companies made headlines due to huge corporate announcements. Infosys announced that its board would convene on September 11 to consider a share buyback proposal as reported by The Economic Times.

Tata Consultancy Services stock gained 1.12%. According to a Moneycontrol report, TCS share price hike comes as the company’s partnership with CEA to advance physical AI research and innovation in France is announced. The stock traded at Rs. 3,053, though it remains below its 52-week high of Rs. 4,548.00.

According to Mint, TVS Motor Company announced it would pass on GST rate reduction benefits to customers by cutting two-wheeler prices. In the pharmaceutical sector, Glenmark Pharmaceuticals shares saw gains after its subsidiary secured a $700 million licensing deal with NYSE-listed AbbVie. Hence, featuring additional milestone payments of $1.225 billion as reported by Business Standard.

Foreign Investment Flows

Foreign Institutional Investors (FIIs) continued their selling spree, with net outflows of Rs. 2,169.35 crore on September 8. However, Domestic Institutional Investors (DIIs) provided support with net purchases worth Rs. 3,014.30 crore, helping maintain market stability.

Gold Reaches New Heights

Gold prices achieved fresh record highs, with futures contracts crossing the Rs. 1.1 lakh mark on the Multi-Commodity Exchange (MCX). This milestone reflects continued investor preference for safe-haven assets amid global economic uncertainties.

Also Read: US Stock Market Today: S&P 500 rises 0.4%, Dow Jones gains 0.2%, NASDAQ Climbs 0.8%, Broadcom surges 4%

Market Outlook

The stock market today showed investor interest shifting from automobile stocks to technology stocks. With IT companies showing renewed strength and positive corporate developments across sectors, market participants remain cautiously optimistic about near-term prospects.

The sustained domestic institutional support, despite foreign selling pressure, suggests confidence in the Indian market's fundamentals. Companies continue to announce strategic partnerships and expansion plans. The stock market appears to be positioned for selective stock-specific opportunities while maintaining overall stability around key psychological levels.

FAQs

1. Why did Indian stock markets rally today?

Indian stock markets rallied primarily due to strong gains in the IT sector, led by Infosys, Wipro, and Tech Mahindra. Corporate announcements, such as Infosys’ planned share buyback and TCS’s global AI collaboration, boosted investor confidence and drove sectoral momentum.

2. What was the performance of the Sensex and Nifty today?

The Sensex advanced 232 points to 81,019.33, while the Nifty rose 70.90 points to settle at 24,844.05. Both indices gained 0.29%, reflecting resilience despite mixed sectoral signals.

3. How did IT stocks influence today’s market performance?

IT stocks were the biggest contributors to today’s rally. The Nifty IT index gained 2.42% as Infosys jumped 4.47%, Wipro rose 2.49%, and Tech Mahindra climbed 1.95%. Renewed global tech interest drove optimism.

4. What role did foreign and domestic investors play in today’s market?

Foreign Institutional Investors (FIIs) recorded net outflows of Rs. 2,169.35 crore, continuing their selling trend. However, Domestic Institutional Investors (DIIs) supported the market with net purchases of Rs. 3,014.30 crore, ensuring stability.

5. Why did gold prices hit record highs today?

Gold futures on the MCX crossed Rs. 1.1 lakh, reaching fresh record highs. This surge reflects investor demand for safe-haven assets amid global uncertainties and ongoing FII outflows from Indian equities.