Stock market close highlights: Sensex down 207pts, Nifty at 24,580; Financial, Pharma top drags

Stock market close highlights, September 2: The BSE Sensex dropped 752.64 pts from its intraday high of 80,761.14 to touch a low of 80,008.50, before settling 206.61 pts, or 0.26% lower at 80,157.88.

3:43 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty faced strong rejection at the 21EMA, leading to a sharp intraday fall. The market continues to remain in a sell-on-rise mode until it moves back above 24,850. The daily RSI is in a bearish crossover with a reading below 50. In the short term, the trend is likely to remain weak. On the lower end, support is placed at 24,500, while on the higher end, resistances are placed at 24,700 and 24,850.

View by: Rupak De, senior technical analyst at LKP Securities.

3:42 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Domestic equities reversed early gains from strong macro data, ending lower on profit booking amid caution ahead of the GST Council meeting and F&O expiry, with banking stocks leading the decline. Sugar stocks rallied on relaxed ethanol norms, while export-oriented companies gained following dovish remarks by the US, renewing trade optimism. However, investors remain guarded, with a near-term focus on domestic consumption amid global uncertainty.

View by: Vinod Nair, head of research, Geojit Investments Limited.

 

3:41 PM

Stock Market LIVE Updates: Sector check

Stock Market LIVE Updates: Nifty FMCG ended over 1 per cent higher. 

 

3:40 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE MidCap and SmallCap closed 0.27 per cent and 0.64 per cent higher respectively. 

3:37 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: M&M, ICICI Bank, Asian Paints were among the top laggards on BSE. 

3:36 PM

Stock Market LIVE Updates: Nifty settles at 24,580, down 45 pts

Stock Market LIVE Updates: NSE Nifty50 ended at 24,579.6, down 45.45 points or 0.18 per cent. 

3:34 PM

Stock Market LIVE Updates: Sensex closes at 80,158, down 207 pts

Stock Market LIVE Updates: BSE Sensex closed at 80,157.88, down 206.61 points or 0.26 per cent.

3:25 PM

Stock Market LIVE Updates: IPO listing forecast: GMP hints at muted start for Anlon Healthcare shares

Stock Market LIVE Updates: The grey market trends suggest a subdued listing for the chemical manufacturing company Anlon Healthcare, which is slated to debut on Wednesday, September 3, 2025. The company has raised ₹121 crore by offering an entirely fresh issue of 13.3 million equity shares.

 

The public issue garnered decent demand, being oversubscribed by 7.13 times. The demand was driven by retail investors, who oversubscribed the category reserved for them by 47.30 times, according to data from the NSE. READ MORE

3:18 PM

Stock Market LIVE Updates: NFO Alert! Bandhan MF launches Sector Leaders Index Fund: check key details

Stock Market LIVE Updates: Bandhan Mutual Fund has launched the Bandhan BSE India Sector Leaders Index Fund, an open-ended equity scheme providing investors with exclusive access to leading companies across various economic sectors. The new fund offer (NFO) will open on Wednesday, September 3, 2025 and close on Wednesday, September 17, 2025. 

 

According to the Scheme Information Document (SID), the performance of the scheme will be benchmarked against the BSE India Sector Leaders Index, which identifies the top three companies by market capitalisation from each of the 21 sectors within the BSE 500 Index. 

 

According to the SID, the minimum investment during the NFO (New Fund Offer) period is ₹1,000 for lump sum investments, in multiples of ₹1 thereafter. For SIPs (Systematic Investment Plans), the minimum amount is ₹100, with at least six instalments. READ MORE

3:13 PM

Stock Market LIVE Updates: India caught between Donald Trump's betrayal and China's diplomatic charm

Stock Market LIVE Updates: India stands at a diplomatic crossroads—again—as it often has in the past. Friends turned foes, old foes extending a hand of friendship. Or perhaps, at best, an opportunistic partnership.

 

Donald Trump, who reached the highest office in the US two years before Narendra Modi did the same in India, now seems to have turned his back on his ‘good friend’. READ MORE

 

3:10 PM

Stock Market LIVE Updates: MRF hits record high; Ceat, JK, Apollo Tyres rally up to 6%; here's why

Stock Market LIVE Updates: Shares of tyre makers MRF, Ceat, JK Tyres and Apollo Tyres rallied by up to 6 per cent on the BSE in Tuesday's intra-day trade after automobile companies reported healthy sales numbers and on the expectation of replacement demand.

 

MRF hit a record high of ₹1,54,238.70, surging 6 per cent in intra-day trade. The stock surpassed its previous high of ₹1,53,000, which it touched on July 17, 2025. Shares of JK Tyre also soared 6 per cent to ₹352.90, while Apollo Tyres (₹491.80) and Ceat (₹3,550) rallied 5 per cent each. READ MORE

3:01 PM

Stock Market LIVE Updates: 3 PM Update - Sensex slips 200 points, Nifty below 24,600

Stock Market LIVE Updates: At 3 PM, Sensex was trading 202.92 points or 0.25 per cent lower at 80,161.57 levels, while Nifty was trading at 24,574.80 levels, down 0.20 per cent or 50.25 points. 

 

2:47 PM

Stock Market LIVE Updates: India negotiating bilateral trade agreement with US, says Piyush Goyal

Stock Market LIVE Updates: Commerce and Industry Minister Piyush Goyal on Tuesday said India is in talks with the United States over a bilateral trade agreement (BTA), weeks after the Donald Trump-led administration imposed a 50 per cent punitive tariff on Indian imports. 

 

"We are in dialogue with the US for a BTA," he stated at an industry chamber event on sustainability, reported news agency PTI. READ MORE

2:34 PM

Stock Market LIVE Updates: MobiKwik shares surge 15% after ADIA block deal; details inside

Stock Market LIVE Updates: Shares of financial technology (fintech) player One MobiKwik Systems were trading higher on Tuesday, September 2. The company's stock climbed 15.24 per cent to hit an intraday high of ₹273.60 per share on the National Stock Exchange (NSE) during intraday deals.

 

The upward movement comes on the heels of news that the Abu Dhabi Investment Authority (ADIA) had divested its entire stake in the company through block deals on Monday, September 1. Since the announcement, MobiKwik’s stock has surged by 24 per cent, recovering some ground after a recent decline. READ MORE

2:24 PM

Stock Market LIVE Updates: India grew 7.8% in Q1 despite global economic challenges: PM Modi

Stock Market LIVE Updates: In a veiled rebuttal to the 'dead economy' jibe, Prime Minister Narendra Modi on Tuesday said the Indian economy grew 7.8 per cent in the first quarter, surpassing all expectations despite global uncertainties and challenges driven by economic self-interest.

 

Speaking at the Semicon India 2025 conference here, he said GDP growth in April-June was better than 'every expectation, hope and estimate'.

 

Indian economic performance came amidst global uncertainties and "aarthik swarth se paida hue chunautiya hai" (challenges stemming from economic self-interest), he said.

 

"Once again, India has outperformed every expectation, every estimate, and every forecast," Modi said. READ MORE

2:15 PM

Stock Market LIVE Updates: High manufacturing costs may erode India's gains from reforms, trade deals

Stock Market LIVE Updates: What should we do to address the tariff challenge? The problem is a symptom of a deeper underlying issue: Our farms and firms are simply not productive enough, and the cost of business is not low enough for global markets. Solve this problem, and others will become redundant. 

 

Post-tariffs, a slew of reforms have been proposed by many commentators, and indeed almost all of those would be welcome. READ MORE

 

2:01 PM

Stock Market LIVE Updates: 2 PM Update- Sensex slips 150 pts; Nifty tests 24,600

Stock Market LIVE Updates: Sensex, Nifty were at dat's low at 2 PM. NSE Nifty50 was trading at 24,592.35, down 32.7 points or 0.13 per cent and BSE Sensex slipped 158.8 points or 0.2 per cent at 24,591.6. 

 

1:52 PM

Stock Market LIVE Updates: Eicher Motors stock enters top 50 most-valuable club; up 18% in 5 weeks

Stock Market LIVE Updates: Shares of Eicher Motors hit a new high of ₹6,347.05, gaining 1 per cent on the BSE in Tuesday’s intra-day trade. In the past two days, the stock of the parent company of Royal Enfield, a global manufacturer of middleweight motorcycles, has rallied 4 per cent after the company reported strong auto sales for the month of August 2025.

 

In the past five weeks, the stock price of two-wheeler (2-W) company has surged 18 per cent. Thus far in the calendar year 2025, Eicher Motors has outperformed the market by soaring 30 per cent. In comparison, the BSE Sensex was up 2.8 per cent, and BSE Auto index rallied 10 per cent during the same period. READ MORE 

1:42 PM

Stock Market LIVE Updates: Mobikwik shares zoom 15%

Stock Market LIVE Updates: Mobikwik shares zoomed 15.3 per cent, logging an intra-day high at ₹273.6 per share. The buying on the counter came after key shareholder Abu Dhabi Investment Authority (ADIA) exited its stake in the payments solutions provider via block deals a day earlier, according to reports. 

1:37 PM

Stock Market LIVE Updates: HSBC flags 5 positives, 4 risks for Indian equities amid market uncertainty

Stock Market LIVE Updates: Equity benchmarks face a key test as investors weigh consumption revival hopes against tariff pressures and weak earnings. Amidst this, HSBC has outlined tailwinds and risks that could cap gains.

 

The global brokerage listed five positive cues that could lift markets, while flagging four risks. It maintained a ‘Neutral’ rating on India in a regional context, according to a recent note. READ MORE 

1:26 PM

Stock Market LIVE Updates: Indraprastha Gas gains 3% on JV with RVUNL for solar project in Rajasthan

Stock Market LIVE Updates: Shares of natural gas distribution company Indraprastha Gas (IGL) rose over 3 per cent on Tuesday to hit an intraday high of ₹217.5 on the NSE after the company announced a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to set up a solar plant in Rajasthan

 

At 12:00 PM, the company's share price was trading 2.9 per cent higher at ₹217 per share against the previous close of ₹210.93 on the NSE. In comparison, NSE Nifty50 was up 0.4 per cent at 24,722 levels. The market capitalisation of the company stood at ₹30,030 crore. The stock has surged over 38 per cent from the 52-week low of ₹153.05 touched on November 21, 2024. READ MORE 

1:16 PM

Stock Market LIVE Updates: Ashok Leyland rises 4% on inking ₹5,000-cr pact with CALB for batteries

Stock Market LIVE Updates: Ashok Leyland shares rose 3.75 per cent on Tuesday and registered an intra-day high at ₹132.8 per share on BSE. At 11:24 AM, Ashok Leyland's share price was trading 3.4 per cent higher at ₹132.35 per share. In comparison, the BSE Sensex was up 0.37 per cent at 80,664.55.

 

The market capitalisation of the company stood at ₹77,700.51 crore. The 52-week high of the stock was at ₹134.45 per share, and the 52-week low was at ₹92.2. READ MORE 

1:06 PM

Stock Market LIVE Updates: India's LNG import capacity to surge 27% by 2030, Hardeep Puri

Stock Market LIVE Updates: The world’s fourth-largest LNG buyer will boost its capacity to annually import 66.7 million tons of the super-cooled fuel with the addition of two new terminals, Oil Minister Hardeep Puri said in a post on X.

The South Asian nation now has eight terminals to handle 52.7 million tons of imported LNG a year, he said. LNG is India’s bridge to a greener, secure future, Puri added.

1:01 PM

Stock Market LIVE Updates: 1 PM Update- Sensex up 330 pts; Nifty above 24,700

Stock Market LIVE Updates: At 1 PM, BSE Sensex was at 80,715.68, up 347.9 points or 0.43 per cent and NSE Nifty50 was at 24,740.20, up 115.15 points or 0.47 per cent. 

 

12:50 PM

Stock Market LIVE Updates: Sebi issues new rules for monitoring intraday derivative positions

Stock Market LIVE Updates: India's markets regulator late on Monday issued fresh rules for monitoring intraday positions in equity derivatives.

 

The Securities and Exchange Board of India has been reassessing the rules for equity derivatives after it temporarily banned US high-frequency trading firm Jane Street from the Indian markets, saying some of its trading strategies were manipulative and left retail investors with losses. READ MORE 

12:34 PM

Stock Market LIVE Updates: Why did Royal Orchids share price jump 6% in trade today?

Stock Market LIVE Updates: Royal Orchids shares were buzzing in trade on Tuesday, September 2, 2025, with the scrip rising up to 5.92 per cent, to an intraday high of ₹524.45 per share. 

 

Around 11:30 AM, Royal Orchids share was trading 2.76 per cent higher at ₹293.35. In comparison, BSE Sensex was trading 0.35 per cent higher at 80,674.56 levels. READ MORE 

12:24 PM

Stock Market LIVE Updates: SBI to raise up to $1 bn via 5-yr dollar bonds after India's rating upgrade

Stock Market LIVE Updates: State Bank of India plans to raise funds through the issuance of dollar-denominated bonds with a maturity of five years, three merchant bankers said on Tuesday, days after S&P Global Ratings upgraded India's sovereign credit rating for the first time in 18 years in August. READ MORE

12:13 PM

Stock Market LIVE Updates: Sebi issues new rules for monitoring intraday derivative positions

Stock Market LIVE Updates: The new framework, which will take effect from October 1, sets an intraday net position limit of ₹5,000 crore per entity in index options, compared with an end-of-day limit of ₹1,500 crore. READ MORE

12:06 PM

Stock Market LIVE Updates: 12 PM market updates

Stock Market LIVE Updates: Indian equity market traded higher for the second consecutive session on Tuesday, buoyed by a gain in heavyweight Reliance Industries' share price. As of 12 PM, the BSE Sensex was trading at 80,660.86, up 296.37 points or 0.37 per cent, while the NSE Nifty50 was trading at 24,731.05, up 105.70 points or 0.43 per cent.

11:55 AM

Stock Market LIVE Updates: Reliance set to gain most as China curbs price wars

Stock Market LIVE Updates: India’s Reliance Industries Ltd. stands to benefit the most from China’s push to curb overcapacity from a gamut of industries, and the conglomerate’s own efforts to streamline its businesses, according to Morgan Stanley. READ MORE