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Closing Bell: Sensex settles 150 Pts Up, Nifty Above 24,734; Power Grid, Nestle Top Gainers
By Midday trading hours, the Sensex was up 378.65 points or 0.47% at 80,946.36, while the Nifty50 advanced 96.15 points or 0.39% to 24,811.20. On the sectoral front, auto and FMCG indices were among the top performers, rising nearly 2% each, mainly because of the optimism around the GST rate rationalisation impact. However, on the losing side, oil & gas stocks came under pressure, with GAIL, ONGC, Oil India, and Petronet LNG trading in the red.
Indian equities are poised for a positive start on Thursday, September 5, 2025, as investor sentiment remains upbeat following the government's announcement of major indirect tax reforms and strong cues from the GIFT Nifty. Markets are also reacting positively to a sharp rally in metal stocks and optimism from Wednesday's GST Council meeting.
According to experts, the new GST regime, which will come into effect from September 22, 2025, could act as a significant trigger for consumption-driven sectors and boost earnings potential across FMCG, auto, and retail stocks.
GST Reform Boosts Sentiment: 396 Items to Get Cheaper
Finance Minister Nirmala Sitharaman confirmed that the GST Council has rationalised tax slabs, bringing them down to 5%, 18%, and 40%. The new regime will lead to a GST rate reduction on 396 items, expected to ease inflationary pressure and enhance consumption - especially in the festive season ahead.
Market analysts believe that these reforms could improve earnings visibility in the coming quarters and lead to sector-specific rallies, particularly in FMCG, auto, consumer durables, and discretionary sectors.
GIFT Nifty Surges Ahead of Market Open
The GIFT Nifty on the NSE IX traded 167 points higher at 24,979, signaling a robust start for benchmark indices. A strong rally in U.S. markets and stable Asian equities are also expected to support positive momentum on Dalal Street.
On Wednesday, the Nifty 50 had closed at 24,715.05, and a gap-up opening today could potentially push the index past the 24,800 resistance level, with analysts targeting 24,950-25,000 in the near term.
Stock Market Live Updates: Consumer Stocks Surge After GST Rationalisation
Shares of Bata India, Colgate-Palmolive (India), and Trent saw strong gains of up to 7.4% during Thursday’s intra-day trading, as investor sentiment turned bullish on consumer discretionary stocks. The rally was driven by the recent GST rationalisation, which sparked renewed buying interest across segments like automobiles, FMCG, retail, and consumer durables, all of which stand to benefit from lower tax rates and improved consumption outlook.
Market Live Updates: M&M Stock Skyrockets
The share price of M&M stock skyrocketed by nearly 7%. The heavyweight auto company hit a new 52-week high of Rs 3,539.25 apiece. This comes after M&M reportedly stated that they will pass the benefits of GST rates in the sector to consumers. This is good news for consumers, as they predict prices of vehicles to fall.
Stocks Live Updates: 2 PSU Top Bears On Sensex
Despite major boost in GST rates, two PSU giant stocks were top bears of Sensex on September 4, 2025. These two are Bharat Electronics (BEL) and Power Grid, who fell between 1% to 2%.
Most Active Stocks Today
Among the most active counters on the market today, Ola Electric led the charts with a massive volume of over 53.88 crore shares, though its stock slipped 5.51% to Rs. 65.19. Mahindra & Mahindra (M&M) surged 6.33% to Rs. 3,494, while Bajaj Finance also rallied 4.54%. FMCG major ITC inched up 1%. Reliance Industries, HDFC Bank & Eternal were among the top active stocks so far.
Gold and Silver Price Update
As of today, 4th September, 24-carat gold rates in India slipped by Rs. 110 per 10 grams to cost Rs. 1,06,860. While the 22-carat gold price today stands at Rs. 97,950 per 10 grams after a decline of Rs. 100. Meanwhile, Silver rates in India today are stable after rising by about Rs.7000 per kg in the last 5 days. Currently, 1 kg of silver costs Rs. 1,27,000
IEX Power Market Update, Aug 2025
Indian Energy Exchange, India’s premier electricity exchange, achieved monthly electricity traded volume (inclusive of TRAS) of 11,803 MU in August ’25, marking an 18.9% increase on year-on-year basis. A total of 21.68 lakh Renewable Energy Certificates were traded during the month. According to government data published in August '25, the country's energy consumption reached 150.47 BUs, increase of 4.4% compared to the previous year. Despite the increase in demand, prices on power exchanges were lower
Top Nifty Losers Today
Tata Consumer Products is currently leading the list of Nifty losers, slipping 2.44%. IndusInd Bank dropped 1% after losing Rs. 7.70, while ONGC shed 0.94%. IT heavyweight Infosys also came under pressure, falling 0.61%. Reliance Industries was among the laggards as well
Top Nifty Gainers Today
Mahindra & Mahindra (M&M) emerged as the biggest gainer on the Nifty index, surging 6.32% Bajaj Finance followed closely, climbing 5.55% . Retail-focused Trent also saw strong buying interest, advancing 3.07%, while Bajaj Finserv gained 2.78%. FMCG giant Nestle jumped 1.43%.
Stock Market Live Updates: SBI To Redeem Rs 7,000 Crore Bonds
The State Bank of India (SBI), the country's largest lender, has announced its intention to redeem Rs 7,000 crore worth of 6.24% Tier-II bonds well before their scheduled maturity. Originally issued on September 21, 2020, with a ten-year maturity set for September 2030, the bank has decided to exercise the call option on September 20, 2025, effectively redeeming these bonds five years early.
SpiceJet Signs Interline Agreement with Gulf Air
SpiceJet has signed an interline agreement with Gulf Air, the national carrier of the Kingdom of Bahrain. This partnership will provide SpiceJet passengers seamless access to Gulf Air’s expansive network across the Middle East, Africa, Europe and Central Asia via Bahrain, while Gulf Air customers will gain enhanced connectivity to India through SpiceJet’s extensive domestic network. Ticket sales under the new agreement are expected to commence by early next year.
ITI Limited Secures Empanelment from Guj Info Petro Limited
ITI Limited, country’s first PSU post-independence and premier telecom manufacturing company has secured Empanelment as System Integrator for implementation of IT infrastructure related projects on behalf of Guj Info Petro Limited (GIPL). The Empanelment is for two transformative initiatives which include IT infrastructure implementation, and the establishment of a cutting-edge Cyber Security Operation Centre (SOC) in Gandhinagar, Gujarat. The period of Empanelment is 36 months from the date of receipt of LOI and the value of the project is approximately Rs. 110 Cr.
Stock Market Live Updates: Nifty Auto Leads Sectoral Gains; Metal, Oil & Gas Indices Lag
Among the sectoral indices, the Nifty Auto index surged by 2.4%, emerging as the top performer in early trade. Positive momentum was also seen in FMCG, Financial Services, Realty, Consumer Durables, and Banking stocks. On the other hand, Nifty Metal and Oil & Gas indices were trading in negative territory, dragging slightly on the broader market gains.
Stock Market Live Updates: BHEL Bags Rs 2,600 Crore Order from MB Power for 800 MW Anuppur Thermal Project
Bharat Heavy Electricals Limited (BHEL) has secured a Letter of Intent (LoI) from MB Power (Madhya Pradesh) Limited for the supply of Boiler, Turbine, and Generator (BTG) equipment for the upcoming 1x800 MW Anuppur Thermal Power Project. The total contract is valued at approximately ₹2,600 crore, excluding applicable GST.
Stock Market Live Updates: GST Council Approves Two-Slab Structure; Major Rate Cuts from September 22
The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman and attended by ministers from 31 states and UTs, approved major reforms to simplify India’s indirect tax system. The Council introduced a broad two-slab GST structure of 5% and 18%, with a 40% demerit rate reserved for sin and luxury goods. Aimed at easing the tax burden on common people and improving ease of doing business, the reforms include sweeping rate cuts, slab reductions, faster refunds, and simplified registration. Except for tobacco products, all rate changes will take effect from September 22, coinciding with the start of Navratri.
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