Nifty Rebounds on Metal Surge, GST Stimulus Hopes; Broader Markets Extend Winning Streak

📰Daily Market Wrap-Up by Stock Whisperers- September 03, 2025

Author

thestock whisperers
September 03, 2025

September 03, 2025

📈 Market Overview:

Market Overview

Summary of the Day's Market Performance

  • The Sensex rose 406.19 points (+0.5%) to close at 81,644.02, recouping yesterday’s losses.

  • The Nifty gained 148.60 points (+0.6%) to 24,855.80, ending higher.

  • Midcaps (+0.7%) and Smallcaps (+0.8%) continued their three-day rally, boosting broader markets.

  • Metals (+3.1%) led the gains, followed by Pharma (+1.1%) and PSU Banks (+1%), while IT (-0.7%) was the lone loser.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹1,721.82 crore

  • Domestic Institutional Investors (DII): Bought ₹2,679.86 crore

DII buying drove the recovery, offsetting FII outflows ahead of the GST Council meeting.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Indian equities closed higher after a mixed start, fueled by expectations of a consumption-led stimulus from potential GST slab rationalization. Consumer-based sectors (discretionary, durable, staples) outperformed, while gold hit fresh highs globally, reflecting caution over prolonged US tariffs and geopolitical shifts (e.g., Russia-Ukraine).

  • The market’s near-term focus is on the GST Council meeting tomorrow, with high expectations for tax cuts raising the risk of disappointment and potential consolidation. Domestic support comes from a potential RBI rate cut, robust monsoon, and Q2 GDP expectations (pending exact data), though global trade tensions linger.

  • Analysts expect Nifty to hover around 24,800–25,100, with support at 24,700—watch GST outcomes closely!

❓ DO YOU KNOW?

The GST Council’s potential approval of a 10% tax cut on 175 products, including consumer goods, could boost demand, with discussions starting today and a decision due tomorrow.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Tata Steel, Hindalco Industries, Canara Bank, and IndusInd Bank

  • Top Losers: LTIMindtree, CG Power and Industrial Solutions, Axis Bank, and ICICI Lombard General Insurance

  • Tata Steel surged 6%, leading gainers, after the government cleared safeguard duty overhangs, boosting steel sentiment.

  • Canara Bank rose 2.01% to ₹108.29, supported by strong PSU banking performance.

  • Bosch hit a 52-week high of ₹41,649.95 and an all-time high of ₹41,570.65, driven by auto ancillary demand.

  • Aptus Value Housing saw a block deal as WestBridge Capital plans to sell its 16.46% stake for ₹2,600 crore.

  • Syrma SGS rallied 5% as investors assessed gains from its manufacturing JV with Italy’s Elemaster, with plans for further Indian investments.

  • Kalyan Jewellers rose 2% after reports of Warburg eyeing an ₹850-crore stake in Candere.

  • Current Infraprojects are listed with a 90% premium on the NSE SME platform, exceeding grey market estimates of 62.5% GMP.

  • Urban Company IPO GMP signals a decent listing, with the ₹1,900-crore IPO opening September 10-12 at ₹98-103/share.

  • boAt IPO’s confidential DRHP was approved by SEBI, marking progress for parent Imagine Marketing.

Markets Enter September on Cautious Note: Tariff Heat, FII Outflows Weigh; All Eyes on US Jobs Data

September 01-05, 2025

The week of September 1-5, 2025, follows a bearish close with Sensex at 79,809.65 and Nifty at 24,426.85, pressured by US tariffs and FII outflows. Consolidation is expected in the 24,300-24,900 range (Nifty), with volatility from US jobs data and PMI releases. Tariff truce extensions provide relief, while Q1 earnings wind down amid subpar growth. Opportunities in banking, tech, auto, and energy sectors, with a stock-specific approach advised amid global rate-cut optimism and domestic resilience.

👀Stocks to Focus:

  • Tata Steel: Steel rally to monitor.

  • Canara Bank: PSU banking strength to watch.

  • Urban Company: IPO buzz to observe.

📝Summary:

Indian markets rose 0.6%, with Nifty at 24,855, as bulls recovered on GST stimulus hopes. Metals and Pharma led, while IT lagged. DII buying offset FII outflows, but GST Council decisions tomorrow are key—expect volatility!

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.