Navia Weekly Roundup (Sep 21 – 25, 2026)
Week in the Review
Indian benchmark indices ended lower in the week ended September 25, extending their losing streak to seven consecutive weeks, the longest such run since May 2020. Weak domestic and global cues kept sentiment under pressure, while renewed tensions in the Middle East pushed Brent crude higher, rising global bond yields, persistent foreign fund outflows and a weakening rupee added to the market’s woes.
Indices Analysis
For the week, the BSE Sensex fell 1.13%, to end at 73,895.74, while the Nifty 50 shed 1.11%, to close at 23,140.50. The Bank Nifty slipped 1.62% to 55,580.40, while the Fin Nifty declined 1.71% to 25,094.85. The Nifty has now dropped about 5.8%, or nearly 1,430 points, over seven straight losing weeks, its longest run of weekly declines since the February-March 2020 Covid crash.
The week was a tale of two halves. It began steadily, with the Nifty rising 0.29% on Monday and another 0.5% on Wednesday as metals and financials led on improved PMI data. Thursday changed everything: the Sensex crashed 1,247.71 points and the Nifty lost 383.70 points to 23,063.10 as the US 10-year treasury yield rose above 5.10%, its highest since 2007, hardening Fed rate-hike bets while Brent traded around $104-106 a barrel. India VIX spiked 22.76% to 12.70 and the BSE’s market capitalisation shrank by about ₹2.55 lakh crore in a single session. Adding to the pressure, an IRDAI consultation paper proposing lower Expenses of Management caps and the return of commission caps triggered heavy selling in insurance-linked and financial stocks, with PB Fintech crashing as much as 34% to its lowest since May 2024.
The week also delivered a landmark: the National Stock Exchange listed on the BSE on Wednesday, September 24, after completing India’s largest-ever IPO, a ₹22,561 crore offer for sale that valued the exchange at about ₹4.42 lakh crore at the upper band of ₹1,785. Foreign investors remained sellers, offloading a net ₹5,027 crore on Thursday against DII buying of ₹4,301 crore, and have now sold in 12 of 17 September sessions. Friday brought partial relief, with the Sensex rebounding 315 points as crude eased on hopes of a US-Iran truce, lifting realty and auto stocks, while Transport Corporation of India jumped 6.31% ahead of its September 29 board meeting to consider a share buyback.
Interactive Zone!
Test your knowledge with our Markets Quiz! React to the options and see how your answer stacks up against others. Ready to take a guess?
Sector Spotlight
| Top Sector Gainers | Change | Top Sector Losers | Change |
|---|---|---|---|
| Realty | +3% | IT | -2.4% |
| Consumer Durables | +1% | Private Bank | -1.5% |
| Pharma | +1% | Energy | -1% |
| FMCG | +1% |
Sectoral indices ended mixed during the week, with the Nifty IT index falling 2.4%, while Nifty Private Bank declined 1.5% and Nifty Energy shed nearly 1%. On the other hand, Nifty Realty emerged as the top gainer, rising 3%, while Nifty Consumer Durables, Pharma and FMCG indices advanced around 1% each.
Top Gainers and Losers
| Top Gainers | Change | Top Losers | Change |
|---|---|---|---|
| Coal India | +3.95% | Bharti Airtel | -5.70% |
| ITC | +2.55% | Trent | -5.48% |
| Eternal | +2.49% | Infosys | -4.87% |
| Titan Company | +1.78% | Bajaj Finserv | -4.40% |
| Dr. Reddy’s Labs. | +1.35% | Tata Motors Passenger | -4.39% |
Coal India led the gainers with a 3.95% rise, featuring among the top performers for a third consecutive week, while defensives ITC, Eternal, Titan and Dr Reddy’s attracted steady buying as money rotated into domestic consumption stories. On the losing side, Bharti Airtel fell 5.70%, dropping 3.33% on Monday alone as profit booking snapped a three-session winning streak, while Infosys extended the IT slide, Bajaj Finserv bore the brunt of the IRDAI-driven financials selloff, and Trent and Tata Motors Passenger Vehicles rounded out the laggards.
Commodity Corner
| Commodity (MCX) | Weekly Close | Weekly Change |
|---|---|---|
| Gold (10g) | ₹1,51,377 | -1.17% |
| Silver (1kg) | ₹2,31,793 | -2.22% |
| Crude Oil (bbl) | ₹9,074 | -7.14% |
| Natural Gas (mmBtu) | ₹316.20 | +13.66% |
Crude oil snapped its surge, falling 7.14% on MCX as hopes of a US-Iran truce emerged late in the week, while natural gas rallied a sharp 13.66%. Precious metals extended their slide, with gold down 1.17% and silver 2.22% for the week.
Top Blogs of the Week!
Statistical Arbitrage and Pair Trading
When two related stocks drift apart, statistical arbitrage traders see opportunity. This guide explains how pair trading works, from finding correlated stocks and measuring the spread to timing entries and exits, and the risks that can break a seemingly market-neutral strategy.
Pole vs Flag Pattern: The Key Difference
The flag pattern is a favourite of momentum traders, but many confuse the pole with the flag and misread the setup. This piece breaks down what each component signals, how to measure targets from the pole, and the confirmation rules that separate a genuine breakout from a trap.
N Coins Rewards
Refer your Friends & Family and get rewarded.
Did you find this article helpful?
Your feedback helps us write better content.
DISCLAIMER: Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Full disclaimer: https://bit.ly/naviadisclaimer.
