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Nifty ends flat with negative bias on Tuesday

30 Sep 2025 Evaluate

Extending its losing streak for eighth straight session, Indian equity benchmark -- Nifty -- ended volatile trade on flat note with negative bias on Tuesday. Index made a positive start following broadly positive cues from other Asian markets amid renewed optimism over US fed interest rate cut in next month after recent data showed US consumer price inflation rose in line with estimates in August. But soon, index turned volatile and started wavering in red and green terrains. Market participants avoided the risky bid ahead of monthly F&O expiry. Some concern also came as Asian Development Bank (ADB) stated that despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half of the year. In afternoon session, index continued its volatile trade near neutral line. Investors took a note of Commerce and Industry Minister Piyush Goyal's statement that India is negotiating free trade agreements (FTAs) with several countries including the US, New Zealand, Oman, Peru, Chile, and the European Union. In last leg of the trade, index ended the session lower below 24,650 mark.

Traders were seen piling up positions in PSU Bank, Metal and Auto stocks, while selling was witnessed in Media, Consumer Durables and Realty. The top gainers from the F&O segment were National Aluminium Company, Bank of India and IIFL Finance. On the other hand, the top losers were KPIT Technologies, Patanjali Foods and BSE. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 24900 - 25100 puts indicating this is the trading range expectation.

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