What lies ahead?
ETMarkets.com Indian benchmark indices traded largely flat on Friday.
Synopsis On Friday, the Indian stock market made a comeback, with Sensex rising by 315 points to close at 73,896 and Nifty gaining 77 points to reach 23,140.50.
Axis Bank took the lead with a notable increase of about 3%, while Trent and Infosys saw declines.
Despite persistent concerns regarding inflation and global yields, the market's ability to remain above 23,000 suggests underlying strength in local support.
By Debaroti Adhikary, ETMarkets.com XPeers Last Updated: Sep 25, 2026, 03:53:00 PM IST 1 Follow us The Indian stock market closed in the green, with Sensex and Nifty rising up to 0.4% on Friday a day after the sharp crash that wiped off a significant portion of investors’ wealth.ADVERTISEMENT Sensex rose 315 points to end Friday’s session at 73,896 while Nifty 50 gained 77 points to close at 23,140.50.
Broader markets remained mixed, with Nifty Midcap 100 in red and Nifty Smallcap 100 in green.Axis Bank shares jumped around 3% to lead gains on Sensex, while M&M and Asian Paints shares rose around 2% each.
Bajaj Finance, HCL Tech and Titan shares meanwhile gained over 1% each.
Bucking the trend, Trent and Infosys shares fell around 1% each.
Why did market crash yesterday?
5 factors behind today's D-Street bloodbath Among the sectors, Nifty Auto and Nifty Consumer Durables gained nearly 1% each, while Nifty IT, Nifty Pharma and few others slipped into the red.
The overall market breadth turned negative, with NSE seeing 1,925 advances against 1,594 declines, while 128 stocks remained unchanged.What lies ahead for Dalal Street?
Volatile crude and bond yields at elevated levels kept the market recovery capped, said Vinod Nair, Head of Research at Geojit Investments.
He noted that concerns over inflation, foreign fund outflows and pressure on EM currencies remained intact.
Selective bargain hunting after the recent pullback helped the market retain a positive bias, though gains remained confined to a narrow trading range.ADVERTISEMENT The ability of benchmark indices to sustain above the psychologically important 23,000 level reflects domestic resilience and support from strong domestic liquidity, Nair said.
What Citi and Jefferies are warningADVERTISEMENT ADVERTISEMENT Technical view on Nifty Nifty closed higher, recovering modestly after the sharp decline in the previous session, said Rupak De, Senior Technical Analyst at LKP Securities.
Technically, the index continues to form lower highs and lower lows and remains below its key moving averages, keeping the short-term structure weak, he noted, adding that the RSI has turned bearish on the weekly chart, indicating continued downside momentum.
“On the downside, 23,000 remains the immediate support, followed by 22,700.
On the higher end, 23,200–23,300 is the immediate resistance zone.
