Nifty 50 Up 198 Points, Sensex Above 80,000; Nifty Auto Hits 10-Month High

DSIJ Intelligence-2 / 01 Sep 2025/ Categories: Mkt Commentary, Trending

Nifty 50 Up 198 Points, Sensex Above 80,000; Nifty Auto Hits 10-Month High

At the close, the index advanced 198.20 points, or 0.81 per cent, to 24,625.05, bouncing from its 100-day EMA. The Sensex gained 554.84 points, or 0.34 per cent, to close at 80,364.49.

On Monday, September 1, Indian equity benchmark indices snapped their 3-day winning streak but still ended on a firm note. The Nifty 50 opened flat with a positive bias and touched an intraday high of 24,635.60. At the close, the index advanced 198.20 points, or 0.81 per cent, to 24,625.05, bouncing from its 100-day EMA. The Sensex gained 554.84 points, or 0.34 per cent, to close at 80,364.49. The key support came from Large-Cap names like Infosys and Mahindra & Mahindra.

Nifty Auto emerged as the top gainer, rising 2.80 per cent to hit a 10-month high. The rally was supported by strong August sales data and expectations of a GST rate cut. Tube Investments of India and Samvardhana Motherson International were among the Top Gainers in the Auto index. IT stocks rose 1.59 per cent, tracking hopes of a U.S. rate cut after in-line Personal Consumption Expenditures data. On the other hand, Nifty Media slipped 0.32 per cent, dragged by Zee Entertainment.

Among stock-specific moves, Bajaj Auto surged 3.89 per cent after reporting robust monthly sales, while Adani Power climbed 1.03 per cent after announcing a Rs 10,500 crore investment in an 800 MW thermal project in Madhya Pradesh. CMS Info Systems rose 1.46 per cent after winning an order from IPPB to install 1,000 ATMs. PG Electroplast gained 4.1 per cent following a Rs 1,000 crore investment agreement with the Maharashtra government. NCC advanced 3.22 per cent after securing fresh work orders worth Rs 788 crore in August.

Infosys added 24.64 points, Mahindra & Mahindra contributed 21.93 points, and ICICI Bank added 20.76 points to the Nifty 50 gains. On the downside, Reliance Industries dragged by 3.29 points, Sun Pharmaceutical by 7.26 points, and ITC by 8.63 points.

Broader markets outperformed the benchmarks. The Nifty Midcap 100 index surged 1.97 per cent, its highest single-day gain since May 12, while the Nifty Smallcap 100 rose 1.57 per cent, its highest since June 9, 2025.

On market breadth, out of 3,156 stocks traded on the NSE, 2,133 advanced, 935 declined, and 88 remained unchanged. A total of 96 stocks hit their 52-week highs, 71 touched their 52-week lows, while 115 stocks were locked in upper circuits and 75 in lower circuits.

Disclaimer: The article is for informational purposes only and not investment advice.