Sensex, Nifty trade flat; SpiceJet surges, Infosys drags, mixed movers on NSE

The BSE Sensex rose by 38 points (0.05%) to 81,463, after opening at 81,217 and fluctuating between an intraday high of 81,583 and a low of 81,216.

On the other hand, the NSE Nifty 50 was trading at 24,981, up by 8.35 points (0.03%), after opening at 24,945. The index reached a high of 25,009 and a low of 24,940 in early trade.

At 11:15 am IST on Thursday, 11 September 2025, domestic equity benchmarks were trading with slight gains, displaying a range-bound movement.

Looking at the avation sector, SpiceJet shares today increased by more than 5% in early trade on the NSE, even as the overall market remained weak. The rise followed the airline's announcement that it received an $89.5 million liquidity injection through a settlement with Carlyle.

The top gainers on NSE included Piccadil (+15.45%), IKIO (+15.05%), Greenpanel (+14.74%), SWElectes (+14.53%), and Sigachi (+14.09%), all surging over 14% in early trading. The top losers on NSE were Goodluck (-5.82%), CarTrade (-5.44%), Keep Learn (-5.28%), BVCL (-5.01%), and Curaa (-5.00%), all dropping around 5–6% in early trading.

Furthermore, investors will likely be observing today as the board of IT giant Infosys meets to consider a share buyback proposal. If approved, this will be the company’s first buyback in three years and the fifth in the past eight years.

However, shares of the company opened muted and slipped nearly by a per cent lower to be the top loser on Nifty 50.  The shares of the company are trading lower today, down 1.3% at ₹1,512. The stock is trading well below its 52-week high of ₹2,006.

Most importantly, the IT sector as a whole is under pressure, with the index falling by around 0.4%, pulling down the indices. The weakness in Infosys is contributing to this. However, stocks in PSU banks, energy, and media are showing some strength, with buying support coming in these sectors, which is helping to offset the weakness in IT, autos, and healthcare.

Coming to Auto and banking sector, stocks such as Tata Motors, Vedanta and Kotak Mahindra Bank are being mentioned in “stocks in news” lists, including ZEE. They are likely to see some activity due to company- or sector-specific news, per reports.

SpiceJet, as mentioned above, is up around 2% after securing approximately $89.5 million in a liquidity boost via a settlement with Carlyle.

On the healthcare side, Dr Reddy’s shares are down nearly 2% due to investor concerns related to its around $50 million entry into the anti-vertigo segment. Its stock is currently trading at ₹1,293.80, down 0.80% for the day. It is trading well below its 52-week high of ₹1,405.90.