Post Session: Quick Review

Indian equity benchmarks ended lower with cut of around half percent on Monday ahead of weekly F&O expiry. Indices made a negative start, weighed down by IT stocks amid concerns over the US President Donald Trump's decision to raise H-1B visa fees to $1,00,000 per worker. In the final leg of the session, markets slipped further, ending near the day's low points.

Some of the important factors in trade:

Retail inflation for farm workers up at 1.07% in August: Traders remained cautious as the labour ministry in its latest data stated that retail inflation for farm and rural workers increased to 1.07 per cent and 1.26 per cent in August 2025 from 0.77 per cent and 1.01 per cent, respectively, in July.

India's forex reserves jump $4.69 billion to $702.96 billion: Traders paid no head toward the Reserve Bank of India has said that India's forex reserves jumped $4.698 billion to $702.966 billion for the week ended September 12, 2025.

UAE firms keen to invest in Indian infra, banking, startups, logistics sectors: Traders overlooked Commerce and Industry Minister Piyush Goyal's statement that the UAE companies are looking at multiple sectors, such as infrastructure, data centres, banking, startups and logistics, in India to increase their investments.

Global front: European markets were trading in red, as investors awaited a key U.S. inflation reading as well as comments from several Federal Reserve officials this week for additional clues on the Federal Reserve's rate trajectory. Asian markets ended mixed following the Bank of Japan's announcement of sale of exchange-traded funds. 

The BSE Sensex ended at 82159.97, down by 466.26 points or 0.56% after trading in a range of 81997.29 and 82583.16. There were 10 stocks advancing against 20 stocks declining on the index, while on stock remained unchanged. (Provisional)

The broader indices ended in red; the BSE Mid cap index was down by 0.78%, while Small cap index down by 0.71%. (Provisional)

The top gaining sectoral indices on the BSE were Utilities up by 2.56%, Power up by 1.66%, Metal up by 0.39%, Oil & Gas up by 0.36% and Basic Materials up by 0.02%, while IT down by 2.73%, TECK down by 2.09%, Healthcare down by 1.08%, Capital Goods down by 0.77% and Industrials down by 0.75% were the top losing indices on BSE. (Provisional)

 The top gainers on the Sensex were Eternal up by 1.55%, Bajaj Finance up by 1.31%, Adani Ports and Special Economic Zone up by 1.21%, Ultratech Cement up by 0.98% and Hindustan Unilever up by 0.42%. On the flip side, Tech Mahindra down by 3.02%, TCS down by 2.94%, Infosys down by 2.56%, Tata Motors down by 1.79% and Trent down by 1.76% were the top losers. (Provisional)

Meanwhile, The Global Trade Research Initiative (GTRI) has said that a decision of the US President Donald Trump to raise H-1B visa fees to $100,000 per worker is likely to hurt America more than India. It said that Indian IT firms already employ 50-80 per cent locals in the US, about 100,000 Americans in total. It said ‘so the measure won't create many new jobs. Instead, it will make hiring Indians on-site costlier than hiring locals.’ Explaining further, it said an IT manager with five years' experience earns $120,000-$150,000 in the US, versus 40 per cent less on H-1B and 80 per cent less in India. 

GTRI Founder Ajay Srivastava said faced with this huge fee, firms will accelerate offshoring, doing more work remotely from India. He said that means fewer H-1B petitions, less local hiring, higher project costs for US clients, and slower innovation. He noted that India must plan to benefit from fee hikes by using the returning talent to build domestic capacity in software, cloud, and cybersecurity -- turning a US protectionist step into a long-term boost for India's digital ‘Swaraj Mission’. 

On September 19, 2025, President Donald Trump signed a proclamation raising the fee on the visas used by companies to hire workers, including from India, to live and work in the US. The H-1B visa fee of $100,000 would be applicable only to new applicants.

The CNX Nifty ended at 25202.35, down by 124.70 points or 0.49% after trading in a range of 25151.05 and 25331.70. There were 19 stocks advancing against 31 stocks declining on the index. (Provisional)

The top gainers on Nifty were Adani Enterprises up by 4.18%, Eternal up by 1.57%, Bajaj Finance up by 1.42%, Adani Ports and Special Economic Zone up by 1.15% and Ultratech Cement up by 1.14%. On the flip side, Tech Mahindra down by 3.11%, TCS down by 3.01%, Infosys down by 2.64%, Wipro down by 2.17% and Cipla down by 2.13% were the top losers. (Provisional)

European markets were trading lower; Germany’s DAX lost 161.91 points or 0.68% to 23,477.50, France’s CAC fell 30.69 points or 0.39% to 7,822.90 and UK’s FTSE 100 decreased 0.92 points or 0.01% to 9,215.75.

Asian markets settled mostly higher on Monday tracking Wall Street's record highs last Friday fueled by the Federal Reserve’s rate cut and signals of two more cuts this year. Meanwhile traders looked ahead to data on the Federal Reserve's preferred inflation gauge and comments from several Federal Reserve officials this week for further policy guidance. Japanese shares rebounded after falling following the Bank of Japan's announcement of sale of exchange-traded funds. Chinese shares gained as a group of senior US House representatives arrived in China on Sunday for talks with President Xi Jinping's government. However, Hong Kong shares dropped, with BYD Company’s shares fell 2.3% after reports suggested that Warren Buffett's investment firm has offloaded all its stake in the Chinese electric-vehicle maker.