Nifty Today

End-of-Day summary for the Nifty 50 on Thursday, September 4, 2025

The Nifty 50 closed at 24,734.30, marking a modest gain of 19.25 points, or +0.08% over the previous close.
During the day, the index surged as high as 24,980.75—a climb of over 1%—before retreating by market close.
The BSE Sensex also ended positively, up approximately 150 points (around 0.19%).

The rally was primarily fueled by sweeping GST rate cuts announced by Finance Minister Nirmala Sitharaman, aiming to boost consumer spending ahead of the festive season.
Specific trends included:
- A strong rally in auto stocks, led by Mahindra & Mahindra, following tax reductions from 28% to 18% on small cars.
- FMCG stocks also benefited, as GST on essentials like packaged foods, personal care, and dairy products was slashed to 5% from higher slabs.
- Additional tailwinds included a weaker U.S. dollar, easing global market conditions, and bullish technical indicators.

Morning optimism driven by GST reforms was somewhat tempered by profit booking in the afternoon, which led to a flattening of gains.
Retail sentiment shifted positively by the end of the day, according to Stocktwits, indicating bullish sentiment around the Nifty 50.
Sector-wise:
- Auto and FMCG sectors closed strongly positive.
- Midcap and small-cap indices, however, saw weakness—each declining by around 0.6%.
- Sectors like Defence, PSU Banks, Energy, and Oil & Gas ended lower.

Nifty 50 closed modestly higher after an intraday spike.
GST reforms were the key catalyst, especially boosting auto and FMCG sectors.
Profit booking limited further upside.
Investor sentiment turned bullish by close, despite broader underperformance in mid and small caps.