Stock Market Update: Nifty stands at 24,844, climbing higher, and Sensex was last recorded at 81,019, boosted by a surge in Infosys stocks, peaking at Rs. 1,496.90.
The Indian stock market opened on a positive note on September 9, 2025, with the Nifty 50 index climbing 70.90 points to reach 24,844.05, marking a 0.29% increase. The IT sector was the primary driver of the market's gain, with the Nifty IT index surging 2.42%.
Infosys led the IT sector's gains, climbing 4.47% to Rs. 1,496.90, making it the most traded stock of the day with trading worth Rs. 1,000.71 crore. The company's planned share buyback and TCS's global AI collaboration boosted investor confidence and drove sectoral momentum.
Wipro gained 2.49% to Rs. 248.55, and Tech Mahindra advanced 1.95% to Rs. 1,489.20, contributing to the Nifty IT index's growth.
Domestic Institutional Investors (DIIs) supported the market with net purchases of Rs. 3,014.30 crore today, while Foreign Institutional Investors (FIIs) continued their selling spree, with net outflows of Rs. 2,169.35 crore on September 8.
The BSE Sensex advanced 232.03 points to settle at 81,019.33, also gaining 0.29%.
The broader market showed mixed trends, with smaller indices underperforming compared to their larger counterparts. The Nifty Bank index declined marginally by 0.07%, losing 35.80 points to 54,151.10.
Interestingly, investor interest shifted from automobile stocks to technology stocks today, possibly due to the renewed strength and positive corporate developments across sectors in the IT sector.
Gold futures on the MCX crossed Rs. 1.1 lakh, reaching fresh record highs due to investor demand for safe-haven assets amid global uncertainties and ongoing FII outflows from Indian equities. This marks the second consecutive day of gold hitting record highs on the MCX.
Market participants remain cautiously optimistic about near-term prospects, hoping that the positive trends will continue in the coming days. However, the main shareholder of Infosys AG on September 9, 2025, could not be determined from the available search results.
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