The Indian stock market closed with losses today on September 26, 2025, following a cautious trend in the face of a combination of domestic and international developments. The BSE Sensex dropped 733 points to close at 80,426, while the NSE Nifty 50 lost almost 220 points to close at around 24,670. This was the sixth day of consecutive losses for the benchmark indices.
Factors Influencing Market
The recent falls are largely due to new U.S. tariffs imposed by the Trump administration, which put big levies on drug imports and kitchenware categories, two key Indian export industries. Also, fears of worldwide interest rate increases, geo-political tensions, and regular foreign institutional investor (FII) outflows pushed the market mood. Profit booking also in the run-up to the festive season further pressured.
Sectoral Performance
All key sectoral indices closed red, indicating across-the-board selling. The Nifty Capital Market index lost 1.3%, the Nifty India Defence declined by 2.25%, and the Nifty Bank declined by 1.1%. The pharma sector saw significant pain, with stocks such as Sun Pharma and Natco Pharma falling significantly after the tariff announcement. Jewellery stocks like Titan and Senco Gold also declined in the face of record gold prices. Industrial and automotive sectors witnessed mixed action with leading gainers and losers.
Top Gainers and Losers
Among the leaders on the Nifty were Larsen & Toubro, Tata Motors, ITC, and Eicher Motors, which, though, performed quite well compared to the general market decline. Maruti Suzuki set a 52-week high, proving resilient. In the red, Sun Pharma touched a 52-week low with Tata Steel and IndusInd Bank, weighed down by global tariff worries and profit taking.
Mid Cap and Small Cap Stocks
The correction spilled over to the small-cap and mid-cap spaces as well, with the Nifty Midcap 100 index losing around 1.7% and the Smallcap 100 index slipping by about 2%. It is the fifth consecutive session of declines for both of them. Pharma mid-caps Natco Pharma and Neuland Laboratories lost as much as 4%, while Waaree Energies dropped nearly 6% on a U.S. customs investigation. Analysts have credited this selloff to profit booking and unwinding of leveraged positions in the riskier segments.
Market Outlook Hereon
Experts believe the existing downtrend in the market is a correction in the context of an overall trend up, offering long-term investors potential entry points. Yet, the short term is likely to be speculative in light of global factors such as foreign policies, crude prices, and interest rate cut decisions. Selective individual stock picking with emphasis on quality companies in defensive and growth areas is recommended.
Summing up, the Indian stock market closed today with significant decline, led lower by external tariff worries and domestic confusion. Though large caps such as L&T and Maruti exhibited relative resistance, the mid and small-cap indices were very much sold down, reflecting overall risk and fear among investors. The market is waiting for obvious triggers to recover upward momentum.
