Stock market today, Sept. 22 -- The domestic benchmark indices, Nifty 50 and Sensex, experienced declines on Friday as profit-booking affected financial and IT stocks, though they still recorded their third consecutive week of gains following a US rate reduction, local tax cuts, and positive sentiment surrounding trade discussions with Washington.

The Nifty 50 decreased by 0.38% to reach 25,327.05, while the Sensex fell by 0.47% to settle at 82,626.23 on Friday. Both indexes recorded a weekly increase of 0.9%.

Ajit Mishra - Senior Vice President of Research at Religare Broking Ltd, indicated that the Nifty 50 index is nearing its trendline resistance level around 25,500. A significant breakout here could lead to a rally towards 25,750. ...