What moved the Markets on 23-Sep-2025

Indian stock markets closed mostly lower on Tuesday, September 23, 2025, with the Nifty fifty ending down about zero point one three percent at twenty-five thousand one hundred seventy and the Sensex slipping slightly by zero point zero seven percent to eighty-two thousand one hundred two. The Bank Nifty fell more notably, losing around zero point three one percent to close near fifty-five thousand two hundred eighty-five. Market sentiment was cautious, driven by weakness in IT and FMCG sectors amid concerns over the US H-1B visa fee hike, while PSU banks and metals provided some support. The rupee ended steady at around eighty-eight point five to the US dollar, with no new extreme levels seen. Key gainers included IndusInd Bank, JSW Steel, and Axis Bank, while Tech Mahindra, Trent, and SBI Life were among the top losers. Market breadth favored declines with midcaps also weak. Globally, Asian markets traded flat to lower amid muted cues, and investors remain cautious awaiting clear triggers amid ongoing global uncertainties. Overall, the market looks poised for consolidation with attention on earnings and policy updates ahead.