Indian benchmark indices closed higher, fueled by auto, bank, and pharma stocks, while investors await the Fed s policy decision amid expectations of a rate cut. Corporate actions, including dividends and stock splits, are lined up, and several IPOs are set to hit the market. FII/DII activity, technical factors, rupee movement, and crude oil prices will also influence market direction.

OFSS shares experienced volatility, influenced by Oracle Corp s rally. After initial profit-taking, renewed buying interest emerged, reclaiming key technical levels. Analysts note improving technical structure and rising volumes, suggesting a potential rally towards Rs 10,000 if the stock sustains above critical support levels, particularly Rs 8,600.

Nifty nears breakout from Symmetrical Triangle with bullish signals. Motilal Oswal highlights National Aluminium, Power Grid, and Tata Chemicals as top trading picks, backed by strong technical patterns, support zones, and rising momentum indicators.

Indian markets ended the week strongly, driven by GST cuts, hopes of US tariff concessions, and earnings recovery. Ajay Bagga highlights global liquidity, Fed rate cut expectations, AI-led IT revival, and defence sector’s multi-decade growth potential despite valuation concerns.

Indian equities closed the week higher as GST reforms, strong domestic demand, and softer US inflation boosted sentiment. Nifty and Sensex gained over 1.5%, while analysts see potential breakout levels for further upside in Nifty and Bank Nifty.

Indian equities are poised for a potential upswing, with Nifty targeting 25,300 and Bank Nifty aiming for 55,200, according to Axis Securities. Derivative data suggests a shifting base and increased upside potential. Midcap IT stocks, Hindustan Zinc, and National Aluminium are also expected to perform well. Samvardhana Motherson and Bajaj Finserv are top trading picks.

Despite Rs 10,782 crore worth of FII selling in September, Nifty has held firm for eight straight sessions. Analysts say improving macro signals, policy reforms, and potential Fed rate cuts could turn FIIs into buyers again and fuel fresh upside in equities.

India’s primary market sees five new IPOs next week, including Vijay Kedia-backed TechD Cybersecurity, Euro Pratik Sales, and VMS TMT. The issues span the mainboard and SME segments, with investors closely watching subscription trends, price bands, and grey market premiums amid continued market volatility.

Shringar House of Mangalsutra IPO, worth Rs 400.95 crore, saw strong demand, subscribing over 60 times. Allotment will be announced on September 15, with listing on September 17. The grey market premium of Rs 31 suggests potential 18–19% gains, though the actual listing price may vary.

Nearly 57% (550) of the stocks in the index settled in the green while 50 ended with double-digit rise. Here are the top 10 weekly performers: