Investor sentiment remained cautious due to a weakened rupee, which hit a record low against the U.S. dollar, influenced by concerns over rising U.S. visa fees and significant outflows from foreign investors.
Indian equity markets ended a volatile session marginally lower on Tuesday, with the Nifty 50 slipping 32.85 points, or 0.13 per cent, to 25,169.50, and the BSE Sensex falling 57.87 points, or 0.07 per cent, to 82,102.10, as investor sentiment remained cautious amid currency weakness and mixed sectoral moves.
The rupee weakened to a record low of 88.62 against the U.S. dollar during the day, before settling at 88.75. The slide was driven by concerns over the recent U.S. visa fee hike and sustained outflows from foreign institutional investors. “While a weaker currency raises concerns about import-led inflation, market participants also view it as a tailwind for India’s IT and metals exporters over the long term,” said Hariprasad K, SEBI-registered Research Analyst and Founder of Livelong Wealth.
Top Gainers
Axis Bank led the advances, rising 2.32 per cent to ₹1,170.75. Bajaj Finance followed with a 1.95 per cent gain, closing at ₹1,025.65.
Maruti Suzuki climbed 1.83 per cent to ₹16,097.95, while State Bank of India added 1.81 per cent to ₹870.50. Kotak Mahindra Bank completed the top five gainers, up 1.31 per cent at ₹2,047.85.
Top Losers
Trent was the biggest laggard, slipping 2.34 per cent to ₹4,892.00. Tech Mahindra fell 2.15 per cent to ₹1,471.90.
Hindustan Unilever and UltraTech Cement both dropped 1.94 per cent, ending at ₹2,521.55 and ₹12,400.70, respectively. Asian Paints declined 1.42 per cent to ₹2,447.50.
Published on September 23, 2025