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.
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On the BSE, Power Grid, NTPC and Tata Steel were the top gainers while M&M, ICICI Bank and Asian Paints were among the major laggards.
Stock market close highlights on Tuesday, September 2, 2025: Indian benchmark indices, Sensex and Nifty, surrendered early gains to end lower today, dragged down by losses in banking and pharmaceutical stocks ahead of the two-day GST Council meeting starting tomorrow.
Sentiment was also weighed by the Nifty F&O expiry, adding to the volatility in the latter half of the session.
The BSE Sensex dropped 752.64 points from its intraday high of 80,761.14 to touch a low of 80,008.50, before settling 206.61 points, or 0.26 per cent lower at 80,157.88 levels.
Likewise, the Nifty slipped 233.75 points from the day’s high of 24,756.10 to an intraday low of 24,522.35, eventually ending 45.45 points or 0.18 per cent down at 24,579.60 levels.
On the BSE, Power Grid, NTPC and Tata Steel were the top gainers while M&M, ICICI Bank and Asian Paints were among the major laggards.
Similarly, on the NSE, Tata Consumer, Nestle and Power Grid were the top gainers while Dr Reddy, M&M, and ICICI Bank were among the top losers.
Broader indices ended higher. Nifty Midcap 100 index closed 0.27 per cent higher, while SmallCap settled 0.53 per cent higher.
Among sectors, Nifty Private Bank was the top loser (down 0.7 per cent), followed by Financial Services (0.56 per cent), healthcare (0.33 per cent) and Pharma (0.27 per cent).
On the other hand, Nifty Media, Metal, Realty and Consumer Durables gained 0.98 per cent, 0.85 per cent, 0.72 per cent and 0.24 per cent, respectively.
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.
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.
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
Topics : Stock Market Today Share Market Today MARKET WRAP Markets Sensex Nifty MARKETS TODAY stock market trading stock market investing Gift Nifty Asian markets Wall Streets US markets Trump tariffs US India relations Domestic markets Nifty50 S&P BSE Sensex
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First Published: Sep 02 2025 | 7:49 AM IST
