Thu Sep 04 04:20:00 UTC 2025: **Indian Stock Market Ends Lower Amidst Volatility, Profit-Taking**
**Mumbai, India -** The Indian stock market experienced a volatile session on Tuesday, September 2nd, ultimately closing lower as benchmark indices succumbed to profit-taking pressures. This marked the first Tuesday expiry under the new weekly derivatives settlement cycle.
The Nifty 50 edged marginally down, while the Sensex retreated sharply, shedding over 700 points from its intraday high. The downturn was primarily driven by profit booking in heavyweight banking and financial stocks.
Despite the overall decline, broader market indices demonstrated relative strength, with the Nifty Midcap and Smallcap indices closing in the green, suggesting continued rotational interest.
Sectoral performance was mixed. The Nifty FMCG index led the gainers with a 1.1% increase, fueled by defensive buying. The Nifty Media and Nifty Energy indices followed with gains of 0.99% each, while Nifty Metal added 0.85%, boosted by strong global commodity prices. Realty, PSU Banks, and Infra sectors also registered modest gains due to stock-specific activities.
Conversely, the Auto, Private Bank, and Pharma sectors faced profit-booking, with their respective indices declining by 0.7% and 0.2%.
According to Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, market sentiment remains cautiously positive. While the Nifty 50 struggled to sustain its initial gains and faced resistance at the 24,800 level, the index continues to hold above the crucial support level of 24,400.
Parekh cautioned that a breach below 24,400 could trigger further downside, potentially leading to the 200-DEMA level of 24,000. On the upside, a decisive break above 24,800 (50-DEMA) is needed to confirm an improved outlook.
Regarding Bank Nifty, Parekh noted that profit booking has weakened the bias. A fall below 52,900 (200-DMA) could trigger fresh selling pressure, with the next significant support around 51,700. To improve the outlook, Bank Nifty needs to surpass the resistance level of 54,300.
For intraday trading, Vaishali Parekh recommended the following stocks:
* **RBL Bank:** Buy at ₹268, Target ₹280, Stop Loss ₹262
* **Filatex India:** Buy at ₹53, Target ₹58, Stop Loss ₹50
* **Diamond Power Infrastructure:** Buy at ₹143, Target ₹150, Stop Loss 138
**Disclaimer:** *The views and recommendations provided in this article are those of individual analysts and should not be considered as financial advice. Investors are advised to consult with certified experts before making any investment decisions.*