Stock Market LIVE Highlights: Market Ends Flat Amid Volatility; Auto and Metals Shine, IT and FMCG Drag

Indian benchmark indices closed mostly flat on September 5 after a volatile session. The Sensex dipped 7.25 points (0.01%) to 80,710.76, while the Nifty gained 6.70 points (0.03%) to close at 24,741. About 2,081 shares advanced and 1,828 declined. Sector-wise, FMCG, IT, and realty fell by around 1%, while auto gained 1.3%, and metals and media rose 0.5%. Major Nifty gainers included M&M, Eicher Motors, and Maruti Suzuki, while ITC, TCS, and Cipla were among the losers. The BSE Midcap and Smallcap indices traded flat. Notably, insurance stocks rose despite GST rate changes, and Vodafone Idea jumped 10% on strong volumes. Market breadth remained neutral with an advance-decline ratio of 1:1, reflecting a cautious investor mood amid mixed sector performance.

The markets faced pressure today, with Nifty and Sensex hitting day’s lows. IT and FMCG sectors were the worst hit. Leading IT stocks like Infosys, TCS, and TechMahindra, along with FMCG giant ITC, were among the top losers, dragging the market down amid weak investor sentiment.

The S&P 500 hit a record-high close on Thursday as labor market data kept expectations alive for an upcoming interest rate cut by the Federal Reserve. This optimism comes ahead of Friday’s important U.S. monthly jobs report. The Dow Jones Industrial Average rose by 350 points (0.77%) to 45,621.29, while the S&P 500 gained 53.82 points (0.83%) to close at 6,502.08. The tech-heavy Nasdaq Composite also surged by 209.97 points (0.98%) to reach 21,707.69.

Following Wall Street’s strong performance, Asian markets opened higher on Friday. Shares in Japan’s Nikkei and Taiwan Weighted indexes climbed nearly 1%, boosted by signs of a cooling labor market that strengthened the belief the Federal Reserve will cut rates this month. This global market optimism is setting a positive tone for investors as they await more economic data to guide future monetary policy decisions.

• Sensex Futures: 80,987.65, up 269.64 points (+0.33%)
• Nifty Futures: 24,801.70, up 67.40 points (+0.27%)

At 7:48 AM, the GIFT Nifty was up 60.50 points (0.24%) near 24,888, showing signs of a positive start for the Indian stock market. By 8:30 AM, it rose further to 25,888.50, gaining 61 points. This suggests the market is set for a strong opening. Investors are watching key sectors like auto, FMCG, and banking closely. Positive global cues and GST reforms are helping boost confidence. As trading begins, expect some movement in stocks. Stay tuned for more updates throughout the day!

The Indian stock market had a mixed Thursday. While it did continue to rise for a second straight day, the excitement around the GST reforms didn’t last long.

The Nifty ended just slightly higher at 24,734, and the Sensex gained 150 points to close at 80,718. However, gains were limited, and both indices came off their day’s highs.

Auto, FMCG, and consumer stocks helped keep the market in the green after the GST Council announced some tax rate cuts.

Top Nifty gainers included M&M, Bajaj Finance, Apollo Hospitals, and Nestle. On the flip side, HDFC Life, Tata Consumer, Wipro, and IndusInd Bank were among the top losers.

Sector-wise, auto stocks jumped nearly 1%, FMCG rose 0.3%, but sectors like IT, media, metal, PSU banks, and realty all fell between 0.5% to 1%.

Midcap and smallcap stocks also ended lower by 0.6%.