Indian equity benchmarks closed higher as investors cheered supportive global cues and strong domestic macro data. The Nifty 50 ended at 24,715.05 (up 135 points or 0.55 %), while the Sensex finished at 80,567.71 (up 410 points or 0.51 %). The Bank Nifty gained 0.76 % to close at 54,067.55, and the Fin Nifty rose 0.67 % to 25,732.55. Metals and banking stocks powered the rally, while IT and FMCG names saw mild profit‑taking. Market breadth was positive with ~1,935 advancing shares versus 998 declines; small‑cap and mid‑cap indices also closed in the green. Strong August GST collections, a robust manufacturing PMI and cooling crude oil prices boosted sentiment. Foreign institutional investors turned net buyers, injecting roughly ₹1,200 crore.
Key Indices – 3 Sep 2025
| Index | Close | Change (pts) | Change (%) |
|---|---|---|---|
| Nifty 50 | 24,715.05 | +135 | +0.55 % |
| BSE Sensex | 80,567.71 | +409.83 | +0.51 % |
| Nifty Bank | 54,067.55 | +406.55 | +0.76 % |
| Fin Nifty | 25,732.55 | +170.25 | +0.67 % |
| Nifty Midcap | ~13,355 | +0.28 % | +0.28 % (approx.) |
| Nifty Smallcap | ~14,125 | +0.65 % | +0.65 % (approx.) |
Top Gainers and Losers (Nifty 50 constituents)
| Top Gainers | LTP (₹) | % Change | Top Losers | LTP (₹) | % Change |
|---|---|---|---|---|---|
| Tata Steel | 167.83 | +5.96 % | Infosys | 1,480.00 | −1.25 % |
| Hindalco | 742.70 | +3.02 % | Nestle India | 1,192.30 | −0.72 % |
| JSW Steel | 1,074.70 | +2.94 % | HDFC Life | 777.25 | −0.70 % |
| Coal India | 389.40 | +2.45 % | Wipro | 249.54 | −0.55 % |
| IndusInd Bank | 767.80 | +2.21 % | NTPC | 334.50 | −0.54 % |
Sectoral & Breadth Statistics
| Metric / Sector | Status |
|---|---|
| Market breadth | ~1,935 stocks advanced vs. 998 declined; positive breadth. |
| Nifty Metal | +2.7 % (best‑performing sector) |
| Nifty Pharma | +0.99 % |
| Nifty Auto | +0.40 % |
| Nifty IT | −1.08 % (weakest sector) |
| Nifty Media | −0.42 % |
| BSE Midcap / Small cap | Midcap +0.28 %; Small cap +0.65 % |
Global Cues
- Asia: Japan’s Nikkei dipped around 0.7 %, and Hong Kong’s Hang Seng fell ~0.4 %, while South Korea’s Kospi eked out gains. Later in the day, Japanese stocks reversed and closed 0.8 % higher and Shanghai Composite was flat.
- Europe: London’s FTSE and Germany’s DAX traded marginally positive, offering a steady backdrop.
- US: Wall Street remained steady; investors awaited US jobs data. Cooling Treasury yields and stable US futures lifted risk appetite.
- Commodities & currency: Crude oil slipped below $76/bbl, easing inflation concerns. The rupee remained stable around ₹83.05 per US dollar.
Key Corporate Updates & Stocks to Watch
- Tata Consultancy Services (TCS): expanded its €550 million partnership with Scandinavian insurer Tryg to modernise operations using AI and cloud solutions.
- Adani Power: received coal ministry approval to commence mining at the Dhirauli mine in Madhya Pradesh (peak capacity 6.5 MTPA).
- Waaree Energies: acquiring 64 % in Kotson’s Pvt Ltd for ₹192 crore and buying 100 % of Impactgrid Renewables, boosting its renewable and energy‑storage footprint.
- UPL (Advanta Mauritius): approved a $502 million related‑party acquisition of Decco Holdings UK to consolidate post‑harvest operations.
- DCM Shriram: signed a chlorine supply agreement with Aarti Industries via a new pipeline from its Jhagadia plant.
- Yes Bank: the Competition Commission cleared Sumitomo Mitsui Bank to raise its stake in Yes Bank from 20 % up to 24.99 %.
- Indus Towers: board approved expansion into Nigeria, Uganda and Zambia, diversifying revenue streams.
- PNC Infratech: emerged as lowest bidder for a ₹297 crore Airports Authority of India contract to extend and strengthen the runway at Varanasi’s airport.
Outlook for Tomorrow (4 Sep 2025)
- Indices: Nifty’s immediate support lies in the 24,600–24,550 zone, while resistance is around 24,780–24,850. Sustaining above 24,734 could open the door to the 25,000 level; a fall below 24,600 may lead to profit‑booking. Bank Nifty needs to hold above 54,200 for further upside toward 54,500–54,700.
- Global drivers: Markets will watch the US Non‑Farm Payrolls data and the outcome of the GST Council meeting for cues on interest rates and domestic consumption. Bond‑yield movements and crude‑oil price trends will also be key.
- Stocks to watch: TCS, Adani Power, Waaree Energies, UPL, DCM Shriram, Yes Bank, Indus Towers and PNC Infratech could see action as traders digest corporate developments. Metal stocks may extend gains if global commodity prices stay firm, while IT stocks will follow the Nasdaq’s trend.
- Overall: With positive global cues and robust domestic macro factors, Indian markets appear poised to test higher resistance levels. However, volatility may increase ahead of key economic data releases, so traders should maintain appropriate risk management.
