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Indian Stock Market Soars: NIFTY50 Above 24,850, SENSEX Up 314 Points, Infosys Leads Rally

 

The Indian stock market displayed robust performance on Tuesday, September 9, 2025, driven by a strong rally in IT stocks and positive global cues. By the close of the trading session, the S&P BSE SENSEX surged 314 points (0.39%) to settle at 81,101.32, while the NSE NIFTY50 climbed 95 points (0.39%) to end at 24,868.60. This article dives into the key highlights, buzzing stocks, and market movers that shaped the day.

Market Overview: SENSEX and NIFTY50 Shine

At 12:35 PM, the SENSEX was up 243.99 points (0.30%) at 81,031.29, and the NIFTY50 rose 76.95 points (0.31%) to 24,850.10. The bullish momentum continued into the close, reflecting investor optimism fueled by IT sector strength and favorable global market trends. The BSE Midcap and Smallcap indices also ended higher, gaining 0.20% and 0.22%, respectively.

Top Gainers Fueling the Rally

The IT sector led the charge, with Infosys emerging as the standout performer. Here are the top contributors to the NIFTY50’s gains:

  • Infosys: Up 4.52%, driven by anticipation of a share buyback announcement.

  • Wipro: Gained 2.38%, riding the IT sector wave.

  • Dr Reddy’s Laboratories: Rose 2.3%, supported by strong pharma sector sentiment.

  • Tech Mahindra: Advanced 2%, reflecting IT sector strength.

  • Adani Ports: Climbed 1.92%, bolstered by positive logistics sector cues.

Stocks Facing Downward Pressure

Despite the overall bullish trend, some stocks lagged behind:

  • Eternal: Down 1.71%, leading the losers.

  • Trent: Declined 1.25%.

  • Titan: Fell 0.77%.

  • Tata Motors: Dropped 0.63%.

  • IndusInd Bank: Slipped 0.62%.

Buzzing Stock: Infosys Steals the Spotlight

Infosys shares surged as much as 5%, hitting an intraday high of ₹1,502.80 on the NSE. By 12:20 PM, the stock was trading at ₹1,500.30, up 4.70%. The rally was sparked by news that the company’s board will meet on September 11, 2025, to consider a share buyback proposal for its fully paid-up equity shares, as per the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.

In a regulatory filing, Infosys stated:

"The Board of Directors will consider a proposal for buyback of fully paid-up equity shares of the Company at its meeting to be held on September 11, 2025, in accordance with the applicable regulations. The outcome will be disseminated to the stock exchanges post-meeting."

If approved, this would mark Infosys’ fifth share buyback, reinforcing its commitment to returning value to shareholders. The announcement has fueled investor enthusiasm, making Infosys a focal point in the market.

Other Buzzing Stocks

In addition to Infosys, stocks like RailTel and Kotak Mahindra Bank were also in focus, contributing to the market’s positive sentiment. RailTel benefited from optimism in the telecom and infrastructure sectors, while Kotak Mahindra Bank saw gains amid steady banking sector performance.

10 Key Highlights from September 9, 2025

  1. SENSEX Closes Strong: The SENSEX ended 314 points higher at 81,101.32, up 0.39%.

  2. NIFTY50 Above 24,850: The NIFTY50 settled at 24,868.60, gaining 95 points (0.39%).

  3. IT Sector Leads: Infosys, Wipro, and Tech Mahindra drove the market’s upward trajectory.

  4. Infosys Buyback Buzz: The IT giant’s potential fifth share buyback announcement sparked a 5% intraday rally.

  5. Midcap and Smallcap Gains: BSE Midcap and Smallcap indices rose 0.20% and 0.22%, respectively.

  6. Global Cues Supportive: Positive international market trends bolstered investor confidence.

  7. Top Gainers: Infosys (+4.52%), Wipro (+2.38%), Dr Reddy’s (+2.3%), Tech Mahindra (+2%), and Adani Ports (+1.92%).

  8. Top Losers: Eternal (-1.71%), Trent (-1.25%), Titan (-0.77%), Tata Motors (-0.63%), and IndusInd Bank (-0.62%).

  9. RailTel and Kotak in Focus: Both stocks saw significant interest, driven by sector-specific developments.

  10. Market Outlook: Analysts remain optimistic about IT and pharma sectors, with buyback announcements likely to sustain momentum.

Why the Market is Upbeat

The Indian stock market’s positive performance can be attributed to:

  • IT Sector Strength: Anticipation of Infosys’ buyback and robust Q2 expectations for IT companies.

  • Global Market Support: Favorable cues from Asian and U.S. markets boosted sentiment.

  • Sectoral Resilience: Pharma and logistics sectors complemented the IT rally, ensuring broad-based gains.

Conclusion

The Indian stock market’s performance on September 9, 2025, underscored the strength of the IT sector, with Infosys leading the charge amid buyback speculation. The NIFTY50 closing above 24,850 and the SENSEX at 81,101.32 reflect a bullish outlook, supported by global cues and sectoral resilience. Investors are keenly awaiting Infosys’ board meeting outcome on September 11, which could further influence market dynamics.

Stay updated on stock market trends and company announcements to make informed investment decisions.

Comments

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