Nifty Plunges Below 25,000 as Markets Extend Losing Streak to Fifth Session
Nifty's freefall continues—breaking through the 25,000 support level like it's not even there.
Five Sessions of Pain
The index keeps bleeding value day after day. No relief in sight as bears maintain absolute control. Trading floors buzzing with panic as portfolios shrink by the hour.
Technical Breakdown
That 25,000 psychological barrier? Gone. Traders watching in horror as every support level crumbles. Volume spikes suggest this isn't just weak hands folding—big money's getting nervous.
Market Psychology Shattered
Five straight sessions of declines rewiring investor mentality. From cautious optimism to pure survival mode. The old 'buy the dip' mantra getting tested beyond its limits.
Meanwhile traditional finance bros are probably blaming 'market cycles' while secretly checking crypto prices—because nothing says stability like watching your life savings drop 5% before lunch.
US H-1B visa fever
The proposed US H-1B visa fee hike emerged as a major concern for IT stocks, with the sector bearing the brunt of the sell-off. “IT stocks bore the brunt of the sell-off, with the Nifty IT index plunging more than 6 per cent this week on visa concerns,” noted Hariprasad K, SEBI-registered Research Analyst and Founder at Livelong Wealth. “Frontline IT stocks like Infosys, TCS, Wipro and HCL Tech traded DEEP in the red on Thursday.”
Among the top losers on the Nifty 50, Trent led the decline, falling 3.61 per cent to ₹4,720.00. Power Grid Corporation tumbled 3.10 per cent to ₹284.20, while Tata Motors slipped 2.64 per cent to ₹664.90. TCS, the IT bellwether, declined 2.55 per cent to ₹2,958.00, and Asian Paints dropped 2.17 per cent to ₹2,404.00.
However, some stocks managed to buck the trend. Bharat Electronics Limited emerged as the top gainer, surging 2.07 per cent to ₹403.65. Hero MotoCorp ROSE 1.51 per cent to ₹5,356.50, while Hindalco gained 0.80 per cent to ₹747.00. ONGC added 0.49 per cent to ₹239.70, and Axis Bank closed 0.35 per cent higher at ₹1,163.00.
“The Nifty slipped below the psychological 25,000 mark today, deepening its bearish streak as a host of global and domestic headwinds rattled investor confidence,” said Hariprasad K. “Persistent FII outflows, a record-weak rupee, and renewed worries over the U.S. H-1B visa fee hike—seen as a drag on Indian IT earnings—have all combined to sour sentiment.”
The volatility index India VIX surged nearly 9 per cent over the past five sessions, reflecting rising nervousness among market participants.
Seeing red
Market breadth remained weak across sectors, with the Nifty Next 50 falling 0.75 per cent to 68,293.65, while the Nifty Midcap 100 declined 0.64 per cent to 57,555.90.
Sectoral performance showed broad-based weakness, with all major indices ending in the red except metals. “Sectorally, most indices closed in red, with Realty and IT stocks leading the declines. Metals was the sole gainer, up 0.22 per cent, supported by strong rallies in Hindustan Copper, Vedanta, Hindalco, and Hindustan Zinc,” said Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services.
Banking stocks also came under pressure, with the Bank Nifty falling 0.26 per cent to 54,976.20, though it showed relative outperformance compared to the broader market. “The Bank Nifty also stayed weak, slipping below 55,000 as private banks came under pressure, though PSU banks lent some resilience,” observed Ponmudi R, CEO of Enrich Money.
Technical analysts highlighted key support and resistance levels for the market. “The Nifty has fallen below the crucial support level of 25,050, which also coincides with the 38.20 per cent Fibonacci retracement of the previous rise from 24,400 to 25,450,” said Rupak De, Senior Technical Analyst at LKP Securities. “On the downside, immediate support is placed at 24,800; a break below this level could trigger a deeper and more serious correction.”
Foreign institutional investors continued their selling spree, with outflows of nearly ₹9,000 crore recorded this week. “Sentiment continued to remain weak as selling by foreign investors intensified this week as shares worth nearly ₹9,000 crore have been offloaded so far,” noted Prashanth Tapse, Senior VP at Mehta Equities.
Rupee under strain; gold on bull run
The rupee also came under pressure but managed slight gains, trading up by 0.06 paise at 88.67 against the dollar. “Rupee traded up by 0.06rs at 88.67, while the dollar index stayed flat. Despite the marginal gains, persistent FII selling has kept overall sentiment weak,” said Jateen Trivedi, VP Research Analyst at LKP Securities.
In commodities, Gold continued its bullish run with gains of ₹600 at ₹113,145 on MCX. “Gold stayed positive with gains of $22 at $3757 on COMEX and ₹600 at 113,145 on MCX, reinforcing the strong bullish sentiment,” Trivedi added. Copper futures hit a record high of ₹963.45 per kg over global supply concerns following a major supply disruption at a large Indonesian mine.
Market participants remained cautious ahead of key US economic releases, including GDP data and initial jobless claims, followed by the PCE price index due Friday. “We expect markets to remain under pressure in the NEAR term, tracking global headwinds, macroeconomic data releases, and developments around the India–U.S. trade talks,” said Khemka.
Looking ahead, analysts expect continued volatility with the monthly F&O expiry approaching next week. “With the monthly F&O expiry approaching next week, a short-covering rally is possible if Nifty manages to reclaim the 25,000 mark,” said Nilesh Jain, Head of Technical Research at Centrum Broking. However, technical indicators suggest caution, with immediate support at 24,800-24,850 levels and resistance at the 25,000-25,200 zone.
Published on September 25, 2025
Companies to follow- Infosys Ltd
- Tata Consultancy Services Ltd
- Wipro Ltd
- HCL Technologies Ltd
- Power Grid Corporation of India Ltd
- Tata Motors Ltd
- Asian Paints Ltd
- Hero MotoCorp Ltd
- Hindalco Industries Ltd
