The Nifty 50 index delivered a mixed yet eventful week, closing above the 25,300 mark despite facing global and domestic headwinds. Investors weighed the U.S. Federal Reserve’s upcoming policy decision, fresh developments in India–U.S. trade talks, and a surprise geopolitical jolt linked to Iran’s Chabahar port. The market witnessed steady midweek gains before profit booking and external shocks tempered sentiment on Friday.
Monday, 15 September: Cautious Start
Info: Nifty 50 weekly chart highlighting the market moves between 15–19 September 2025.
The week opened on a subdued note with the Nifty closing slightly lower at around 25,069. Investors largely stayed on the sidelines ahead of the Federal Reserve’s key policy meeting. Weakness in IT and select global-sensitive stocks capped any upside, while mid-cap and small-cap counters managed to hold steady. (Source: Reuters)
Midweek Rally: 16–17 September
Markets gained momentum by Tuesday and Wednesday, with the Nifty reclaiming the 25,100 level. Optimism around a possible dovish stance from the Fed, coupled with improving signals from India–U.S. trade negotiations, lifted overall sentiment. Banking, PSU, and metals stocks led the charge, while technology remained mixed.
Thursday, 18 September: Bulls Take Charge
Thursday saw the index climbing further, supported by strong buying in Adani Group companies and PSU banks. Confidence that the Fed might announce rate cuts bolstered foreign inflows. Realty and public sector counters added momentum, with Nifty nearing resistance around the 25,400–25,500 zone. (Source: 5paisa)
Friday, 19 September: Rally Pauses
On Friday, profit booking and geopolitical concerns dragged the Nifty down by 0.38% to 25,327. The U.S. revoking India’s sanctions waiver for operations at Iran’s Chabahar port rattled investors, overshadowing earlier gains. Despite the dip, Adani stocks surged after the Securities and Exchange Board of India (SEBI) cleared several allegations raised by short-seller Hindenburg. In contrast, IT majors like HCL Tech and banks such as ICICI saw selling pressure.
Technical & Weekly Summary
- Support Levels: 24,900 – 25,000 held as a strong base.
- Resistance Levels: 25,500 remains the hurdle for next breakout.
- Momentum: Bullish midweek; overbought signals by Friday.
- Weekly Performance: Despite Friday’s fall, Nifty closed the week with net gains for the second week in a row.
What Lies Ahead?
Traders are now watching the Fed’s final policy decision closely, as well as cues from India–U.S. trade negotiations. If global liquidity improves and domestic macros remain stable, the Nifty could attempt to retest the 25,500–25,600 zone in the coming sessions. However, geopolitical risks remain a wildcard for short-term direction.
