Financials, IT weigh on India stock benchmarks; Adani stocks jump

Ambuja Cements

19/09/2025 08:11

** Nifty 50 .NSEI, Sensex .BSESN fall 0.5% and 0.6%, respectively, on profit-booking in financials .NIFTYFIN, IT stocks .NIFTYIT

** Despite dip, both indexes gain ~0.8% each this week

** Nifty has risen in 11 of last 12 sessions; trades within 4% of September 2024 record high, supported by tax cuts, U.S. rate cut

** Of 16 major sectors, 11 decline; small-caps .NIFSMCP100, mid-caps .NIFMDCP100 flat

** Barring Ambuja Cements ABUJ.NS, all Adani group stocks up, with flagship Adani Enterprises ADEL.NS rising 4%, Adani Ports APSE.NS gaining 1.2%

** SEBI dismisses some allegations against conglomerate brought by short-seller Hindenburg; other orders still pending

** Heavyweight NIFTYFIN falls 0.8%; set to snap 12-session winning run that added 4.4%

** NIFTYIT drops 0.9%; set to break three-session winning streak

 (Reporting by Bharath Rajeswaran and Vivek Kumar M in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))