Indian stock market benchmarks Sensex and Nifty 50 started Tuesday’s trade on a flat note in Mumbai, as investors watched ongoing India-US trade discussions and global cues. On September 16, 2025, the Gift Nifty hinted at a steady opening around 25,158, showing a small discount from the prior close, while market watchers pointed to possible consolidation after recent gains.
Recent Market Performance
The previous session on Monday saw slight dips in major indices. Sensex closed at 81,785.74 after a drop of 118.96 points, which is about 0.15 percent. Nifty 50 ended at 25,069.20, down 44.80 points or 0.18 percent. This came after a string of ups and downs last week, where Nifty briefly crossed 25,100 before pulling back.
Traders noted a tweezer top pattern on daily charts, which often signals a pause before the next move. Over the past month, Sensex has gained about 0.71 percent, even as it sits 1.37 percent lower than a year ago. Broader markets showed mixed results, with midcap and smallcap indices holding steady or gaining mildly in recent days.
Analyst Views on Key Levels
Experts shared varied outlooks for Tuesday’s session. One analyst highlighted immediate support for Sensex at 81,500 and 81,400. If it breaks below these, it might slide to 81,000. On the upside, resistance sits at 82,000 and 82,200. A strong push above 82,100 could spark fresh buying.
Another view focused on intraday ranges. For Sensex, 81,750 to 81,500 act as key supports, while 82,000 to 82,100 are hurdles. Bank Nifty, closing at 54,887.85 on Monday, has support at 54,791 and resistance at 55,002. Traders advise watching these levels closely for breakout signals.
In a broader take, some predict Nifty could aim for 25,122 if it holds above 25,032. Recent posts from market observers on social platforms echo this caution, noting the index’s sideways RSI at 46 and a trailing PE ratio of 21.5.
Impact of India-US Trade Talks
Ongoing talks between India and the US have boosted sentiment in recent weeks. US President Donald Trump mentioned progress on reducing trade barriers, with Prime Minister Narendra Modi expressing optimism. This follows Trump’s comments on tariffs affecting India, China, and Russia.
Last week, markets reacted positively to these hints, with Sensex gaining over 300 points on September 10 amid trade deal hopes. Sectors like IT and PSU banks led gains, up 2.6 percent and 2.2 percent respectively. However, auto stocks slipped 1 percent, showing uneven impacts.
If talks advance, experts say it could ease tariffs and boost exports, potentially lifting GDP by countering any slowdowns. Recent events, like China’s reserve ratio cut, also support global optimism, with Asian markets like Nikkei rising sharply.
Here’s a quick look at recent sector performances:
| Sector | Recent Change | Key Gainers |
|---|---|---|
| IT | +2.6% | Wipro, HCL Tech, TCS |
| PSU Banks | +2.2% | Bharat Electronics |
| Auto | -1% | M&M, Hero MotoCorp |
| Realty | +1% | Various midcaps |
| Metals | +0.5-1% | Hindalco |
This table shows how trade talk hopes have favored tech and finance, while autos lag.
Global Cues and Economic Factors
Global markets provided a mixed backdrop. US indices like Dow and S&P 500 hit record highs overnight, with Nasdaq up 0.94 percent. Talks between the US and China added to the positive vibe, influencing Asian opens.
In India, foreign investor inflows reached over 2,000 crore rupees on September 9, signaling confidence. Domestic investors added mildly. The rupee’s stability and gold prices hitting new highs also play in, as does the upcoming Fed rate decision on September 17.
Potential GST rate cuts by October and a possible sovereign rating upgrade are other positives. However, fears of overvaluation linger, with Nifty’s forward PE at 19.2.
What Investors Should Watch
For Tuesday, focus on opening levels and volume. If Nifty stays above 25,000, it might test higher resistances. Bank Nifty could lead if financials rally on trade progress.
Key factors include:
- Any fresh updates from India-US talks, which could sway sentiment.
- Global oil prices and currency moves, impacting imports.
- Earnings previews from major firms in IT and auto sectors.
Traders suggest balanced portfolios, mixing defensives like pharma with growth areas like metals.
As markets evolve amid these trade developments, stay informed on live updates. Share your thoughts on today’s open in the comments below, and pass this article to fellow investors for their views.
