India VIX

Indian benchmark indices Sensex and Nifty extended their gains for a second consecutive session on September 5, buoyed by optimism around GST 2.0 reforms. The positive sentiment on Dalal Street suggested that Nifty is on track to post weekly gains of over one percent, snapping the lull seen last week.

Around morning, the Sensex was trading 204.26 points, or 0.25 percent higher, at 80,922.27, while the Nifty added 63.30 points, or 0.26 percent, to 24,797.60. Market breadth was largely positive, with 1,442 shares advancing against 1,238 declining and 128 remaining unchanged.

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All sectors opened on a firm footing, with the Nifty Auto index leading the gains. Stocks such as Maruti Suzuki, M&amp;M, Tata Motors, Bajaj Auto, and Hyundai Motor India contributed significantly to the rally. Meanwhile, India VIX, the key gauge of short-term market volatility, eased by one percent, reflecting growing stability in the markets.

Broader markets also performed well, with midcap and smallcap indices outpacing the frontline indices, signaling healthy participation beyond large-cap stocks.

Shrikant Chouhan, Head of Equity Research at Kotak Securities, said, “We believe the short-term market outlook remains positive; however, a fresh bullish trend is likely only after crossing 24,850 for Nifty or 81,000 for Sensex. If these levels are breached, the market could move toward 25,000/81,500. On the downside, 24,650/80,500 and 24,700/80,700 are key support zones for day traders. A drop below 24,580/80,300 may weaken the current uptrend.”

Mandar Bhojane, Senior Technical and Derivative Analyst at Choice Broking, added, “The market is showing resilience within a consolidation range. With improving technical momentum and steady domestic inflows, the near-term bias remains positive. Traders should adopt a buy-on-dips strategy and focus on stock-specific opportunities in leadership sectors like banking, IT, and auto.”

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Sensex, Nifty extend rally as GST 2.0 sparks buying momentum; auto stocks in fast lane

Indian benchmark indices Sensex and Nifty extended their gains for a second consecutive session on September 5, buoyed by optimism around GST 2.0 reforms. The positive sentiment on Dalal Street suggested that Nifty is on track to post weekly gains of over one percent, snapping the lull seen last week.

Around morning, the Sensex was trading 204.26 points, or 0.25 percent higher, at 80,922.27, while the Nifty added 63.30 points, or 0.26 percent, to 24,797.60. Market breadth was largely positive, with 1,442 shares advancing against 1,238 declining and 128 remaining unchanged.

Catch all the market action on our LIVE blog

All sectors opened on a firm footing, with the Nifty Auto index leading the gains. Stocks such as Maruti Suzuki, M&amp;amp;M, Tata Motors, Bajaj Auto, and Hyundai Motor India contributed significantly to the rally. Meanwhile, India VIX, the key gauge of short-term market volatility, eased by one percent, reflecting growing stability in the markets.

Broader markets also performed well, with midcap and smallcap indices outpacing the frontline indices, signaling healthy participation beyond large-cap stocks.

Shrikant Chouhan, Head of Equity Research at Kotak Securities, said, “We believe the short-term market outlook remains positive; however, a fresh bullish trend is likely only after crossing 24,850 for Nifty or 81,000 for Sensex. If these levels are breached, the market could move toward 25,000/81,500. On the downside, 24,650/80,500 and 24,700/80,700 are key support zones for day traders. A drop below 24,580/80,300 may weaken the current uptrend.”

Mandar Bhojane, Senior Technical and Derivative Analyst at Choice Broking, added, “The market is showing resilience within a consolidation range. With improving technical momentum and steady domestic inflows, the near-term bias remains positive. Traders should adopt a buy-on-dips strategy and focus on stock-specific opportunities in leadership sectors like banking, IT, and auto.”

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Nifty Heads For Weekly Gain Even As Bulls Face Hurdles At Higher Levels| Opening Bell Live

Indian benchmark indices Sensex and Nifty are poised to kick off another session on a positive footing, with optimism from the GST 2.0 reforms continuing to fuel buying interest on Dalal Street. At 7:40 am, GIFT Nifty was trading at 24,885, up 59 points or 0.24 percent.

Yesterday, the initial euphoria around the Goods and Services Tax (GST) reform faded during the latter part of the trading day, leading benchmark indices Nifty 50 and Sensex to surrender a large part of their early gains. By the close, the Sensex managed to hold a modest rise of 150.30 points or 0.19 percent at 80,718.01, while the Nifty settled just 19.25 points or 0.08 percent higher at 24,734.30.

Foreign Institutional Investors (FIIs) remained marginal net sellers, pulling out Rs 106 crore—a relatively lighter figure compared to the outflows seen in recent sessions. Domestic Institutional Investors (DIIs), on the other hand, extended their robust buying streak, pumping in Rs 2,233 crore, thereby cushioning the market.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-05-09-2025-liveblog-13523072.html">Catch all the market action on our LIVE blog</a>

Looking ahead, GST-driven rate cuts are expected to keep FMCG, auto, and insurance counters in the spotlight, as these sectors benefit directly from lower taxes and consumer-friendly pricing. Conversely, stocks exposed to higher sin taxes, such as Delta Corp, Nazara Technologies, and Varun Beverages, may face sustained selling pressure, noted Hariprasad K, SEBI-registered research analyst and Founder of Livelong Wealth.

He added, “A sustained move above 24,900 could propel the index toward the 25,200–25,400 zone. On the downside, the 24,400–24,450 range is a key support area, with a breakdown potentially dragging the index further down to 24,200–24,000. With India VIX cooling below 11, volatility remains subdued, keeping sentiment largely stable.”

Global cues continue to provide tailwinds. Overnight, Wall Street’s three key benchmarks closed higher amid optimism that the upcoming U.S. jobs report will reinforce the likelihood of a Federal Reserve rate cut. The broad-based S&amp;P 500 climbed 0.83 percent to notch its 21st record close of the year, while the Nasdaq Composite advanced 0.98 percent.

The positive mood spilled over into Asian trading this morning. U.S. President Donald Trump signed an executive order on Thursday, formalizing a reduction in Japanese auto import tariffs to 15 percent from the earlier 27.5 percent. Japan’s Nikkei 225 rallied 1.39 percent, South Korea’s Kospi gained 0.26 percent, and the Kosdaq was up 0.35 percent. Australia’s S&amp;P/ASX 200 also joined the uptrend with a 0.58 percent rise.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sensex, Nifty set to extend gains to second day - Key levels to track on September 5

Indian benchmark indices Sensex and Nifty are poised to kick off another session on a positive footing, with optimism from the GST 2.0 reforms continuing to fuel buying interest on Dalal Street. At 7:40 am, GIFT Nifty was trading at 24,885, up 59 points or 0.24 percent.

Yesterday, the initial euphoria around the Goods and Services Tax (GST) reform faded during the latter part of the trading day, leading benchmark indices Nifty 50 and Sensex to surrender a large part of their early gains. By the close, the Sensex managed to hold a modest rise of 150.30 points or 0.19 percent at 80,718.01, while the Nifty settled just 19.25 points or 0.08 percent higher at 24,734.30.

Foreign Institutional Investors (FIIs) remained marginal net sellers, pulling out Rs 106 crore—a relatively lighter figure compared to the outflows seen in recent sessions. Domestic Institutional Investors (DIIs), on the other hand, extended their robust buying streak, pumping in Rs 2,233 crore, thereby cushioning the market.

Catch all the market action on our LIVE blog

Looking ahead, GST-driven rate cuts are expected to keep FMCG, auto, and insurance counters in the spotlight, as these sectors benefit directly from lower taxes and consumer-friendly pricing. Conversely, stocks exposed to higher sin taxes, such as Delta Corp, Nazara Technologies, and Varun Beverages, may face sustained selling pressure, noted Hariprasad K, SEBI-registered research analyst and Founder of Livelong Wealth.

He added, “A sustained move above 24,900 could propel the index toward the 25,200–25,400 zone. On the downside, the 24,400–24,450 range is a key support area, with a breakdown potentially dragging the index further down to 24,200–24,000. With India VIX cooling below 11, volatility remains subdued, keeping sentiment largely stable.”

Global cues continue to provide tailwinds. Overnight, Wall Street’s three key benchmarks closed higher amid optimism that the upcoming U.S. jobs report will reinforce the likelihood of a Federal Reserve rate cut. The broad-based S&amp;amp;P 500 climbed 0.83 percent to notch its 21st record close of the year, while the Nasdaq Composite advanced 0.98 percent.

The positive mood spilled over into Asian trading this morning. U.S. President Donald Trump signed an executive order on Thursday, formalizing a reduction in Japanese auto import tariffs to 15 percent from the earlier 27.5 percent. Japan’s Nikkei 225 rallied 1.39 percent, South Korea’s Kospi gained 0.26 percent, and the Kosdaq was up 0.35 percent. Australia’s S&amp;amp;P/ASX 200 also joined the uptrend with a 0.58 percent rise.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Indian benchmark indices Sensex and Nifty are likely to see a positive start on September 5,  tracking GIFT Nifty, which was hovering around 24,883 earlier this morning.

Track the latest updates on GIFT Nifty right here on Moneycontrol.

The Indian equity market extended the gains on the second day with Nifty finishing above 24,700, led by auto, FMCG, and consumption-oriented stocks, post the Goods and Services Tax (GST) Council announcement of rate rationalisation.

At close, the Sensex was up 150.30 or 0.19 percent at 80,718.01 and the Nifty was up 19.25 points or 0.08 percent at 24,734.30. BSE Midcap and smallcap indices shed 0.6 percent each.

Here is how financial markets across the globe fared overnight:

GIFT Nifty (Up)

The GIFT Nifty is trading higher at around 24,883, indicating a firm opening for the day.

Asian Equities (Rise)

Asian shares posted early gains Friday after stocks and bonds rallied on Wall Street as further signs of a cooling labor market reinforced bets the Federal Reserve will cut rates this month.



US Equities (Gain)

The S&amp;amp;P 500 posted a closing record high on Thursday as labor market data did not change expectations for an interest rate cut by the Federal Reserve, a day ahead of the key U.S. monthly jobs report.

The Dow Jones Industrial Average rose 350.06 points, or 0.77%, to 45,621.29, the S&amp;amp;P 500 gained 53.82 points, or 0.83%, to 6,502.08, and the Nasdaq Composite gained 209.97 points, or 0.98%, to 21,707.69.



US Bond Yield (Down)

The yield on 10-year Treasuries and 2-year Treasuries were trading marginally lower in the early Friday trade.



Dollar Index (Down)

The dollar slipped against Group-of-10 peers as markets await US jobs data to gauge the pace of Federal Reserve rate cuts. Yen edged higher after the wages data.



Asian currencies (Up)

Among Asian currencies except the Indonesian Rupiah, all other currencies were trading higher in the early Friday trade, with the Philippines Peso leading the gainers, followed by Japanese Yen, Thai Baht, South Korean Won, Singapore Dollar, Taiwan Dollar



Crude (Slips)

Oil prices drifted down in early trading on Friday for the third straight day as investors awaited an OPEC+ meeting this weekend that will consider further output hikes.



Gold (Down)

Gold is headed for a third weekly gain, ahead of a US jobs report that may reinforce bets that the Federal Reserve will cut interest rates later this month.



Fund Flow Action

The Foreign institutional investors (FIIs) sold equities worth Rs 106 crore on September 04, while Domestic institutional investors (DIIs) bought equities worth Rs 2233 crore on the same day.



Hope you're all set for today's trade. We wish you a profitable day ahead.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Tick: Here are the top global cues for today’s trade

Sensex Today | Stock Market LIVE Updates: BSE Midcap and Smallcap indices are trading flat. Ola Electric, BSE Limited, M&amp;M, One Mobikwik, Netweb Technologies  are among most active shares on the NSE. On the sectoral front, FMCG, IT indices down 1 percent each, while auto and pharma indices up 0.4-1 percent.

Stock Market LIVE Updates: Nifty below 24,700, Sensex down 180 pts; IT, FMCG drag, auto, pharma gain

Live Blog

Sensex Today | Stock Market LIVE Updates: BSE Midcap and Smallcap indices are trading flat. Ola Electric, BSE Limited, M&amp;amp;M, One Mobikwik, Netweb Technologies  are among most active shares on the NSE. On the sectoral front, FMCG, IT indices down 1 percent each, while auto and pharma indices up 0.4-1 percent.

9 out of 17 years India VIX has given negative returns in September.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	11.22	11.60	11.96	10.86	10.48	10.12	9.74
Fibonacci	11.14	11.31	11.60	10.86	10.57	10.40	10.12
Camarilla	10.92	10.99	11.05	10.86	10.78	10.71	10.65

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