Sensex and Nifty Rebound After Three-Day Losing Streak

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

Sensex and Nifty Rebound After Three-Day Losing Streak

As of 12 PM, the Sensex was trading at 80,110.59, up 300.94 points or 0.38 per cent, while the Nifty50 stood at 24,538.35, higher by 111.75 points or 0.45 per cent.

India’s benchmark indices snapped a three-day losing streak on Monday, supported by strong buying in information technology stocks. The rebound came after better-than-expected Q1FY26 GDP growth data, which boosted investor sentiment across Large-Cap, Mid-Cap, and Small-Cap counters.

As of 12 PM, the Sensex was trading at 80,110.59, up 300.94 points or 0.38 per cent, while the Nifty50 stood at 24,538.35, higher by 111.75 points or 0.45 per cent.

The Nifty Auto index led the rally with gains of 1.7 per cent, followed by advances in the Nifty IT and Consumer Durables indices. On the other hand, the Nifty FMCG and Media indices remained marginally in the red. Later in the session, IT continued to outperform with a 1.4 per cent rise, alongside modest gains in PSU Bank and Auto stocks (up 0.5 per cent each).

In the broader markets, the Nifty MidCap index climbed 1.4 per cent, while the Nifty SmallCap index gained 1 per cent, reflecting strong interest in mid-cap and small-cap shares, some of which have already delivered multibagger returns in the past year.

On the Sensex, the Top Gainers were M&M, Trent, Asian Paints, Infosys, and Tech Mahindra. Key laggards included Sun Pharma, ITC, HDFC Bank, Reliance Industries, and Kotak Mahindra Bank.

India’s manufacturing growth touched a 17-year high in August, with the HSBC India Manufacturing PMI rising to 59.3 from 59.1 in July, according to S&P Global data. The strong numbers have raised expectations for robust Quarterly Results from manufacturing-linked sectors.

Investors are tracking developments around India-US trade relations, after the US Court of Appeals for the Federal Circuit ruled that former US President Donald Trump overstepped his authority in imposing broad tariffs. The Court, however, kept the levies in place, keeping global trade sentiment cautious.

Back home, market participants await August auto sales data and the final HSBC Manufacturing PMI for further cues. These numbers could impact stock-specific movements in auto and industrial sectors, along with influencing large-cap and mid-cap valuations.