Mumbai: The Indian stock market witnessed a mixed session on September 23, 2025, as the Nifty 50 index edged lower while select midcaps and smaller stocks outperformed. Early trade reflected caution among investors, influenced by global cues and sectoral rotations.
The benchmark Nifty 50 was trading at 25,138.40, down by 65.40 points or 0.26% from its previous close, with the session’s high at 25,250.85 and low at 25,110.05. Most major indices, including Nifty Next 50, Nifty Fin Service, and Nifty Bank, also saw modest declines, reflecting broad-based market consolidation. Opening levels for Nifty 50 stood at 25,209.00, highlighting early volatility.
Top Losers: Sharp Correction in Select Stocks
Among the notable laggards, MOMGF plunged 16.86% with a last traded price of 151.45, followed by HARIOMPIPE and EUROPRATIK, falling 5.19% and 7.37% respectively. These stocks experienced significant selling pressure, possibly due to adverse sector developments or profit-taking. Other losers included RHFL and SALSTEEL, which also recorded more than 5% intraday declines. RHFL and SALSTEEL saw limited trading volumes, indicating selective impact rather than broad-based sector weakness.
Top Gainers: Midcap Momentum
Contrasting the market’s flat tone, several midcap and small stocks delivered robust gains. TVSELECT surged 20% to 567.10, leading the advancers, while BCONCEPTS and REFEX jumped 18.63% and 16.71%, respectively. BFUTILITIE made notable strides, climbing 14.68%, and PAVNAIND gained 14.40% in brisk trading. High volumes in REFEX and BFUTILITIE pointed to active investor participation, suggesting renewed interest in select midcaps amidst broader market caution.
Conclusion: September 23 (opening)
Despite the headline index declining, the Indian stock market presented significant opportunities in midcaps and niche segments. The day’s action reflected sectoral churn, with investors rotating capital toward outperforming stocks even as the broader market digested global uncertainties. As volatility persists, careful stock selection remains crucial for short-term traders and portfolio managers.