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Stock market highlights: Sensex ends 410 pts higher, Nifty at 24,715 on Day 1 of GST council meet

Stock market close highlights: India's services sector maintained its strong momentum, touching a 15-year high in August on the back of robust international demand and rising new orders.

Image SI Reporter New Delhi
bombay stock exchange, BSE

At close, the BSE Sensex gained 409.83 points, or 0.51 per cent, to end at 80,567.71, while the NSE Nifty50 advanced 134.45 points, or 0.55 per cent, to settle at 24,715.05.

Stock market close highlights on Wednesday, September 3, 2025: Benchmark equity indices closed higher on Wednesday, supported by gains in metal and pharma stocks amid Day 1 of GST Council Meeting. 
Investor sentiment was also lifted by the start of the two-day Goods and Services Tax (GST) Council meeting, which is expected to deliberate on rationalising the indirect tax structure- a move flagged by Prime Minister Narendra Modi in his Independence Day address.
 
At close, the BSE Sensex gained 409.83 points, or 0.51 per cent, to end at 80,567.71, while the NSE Nifty50 advanced 134.45 points, or 0.55 per cent, to settle at 24,715.05.
 
  Apart from that, on the BSE, Tata Steel, Titan and M&M were the top gainers while Infosys, NTPC and Hindustan Unilever were among the major laggards.
 
Similarly, on the NSE, Tata Steel, Hindalco and JSW Steel were the top gainers while Infosys, Nestle and HDFC Life were among the top losers.
 
Broader indices, too, ended in green. Nifty Midcap 100 index closed 0.69 per cent higher, while SmallCap settled 0.89 per cent higher.
 
Sectorally, Nifty Metal was the top gainer (up 3.11 per cent), followed by Pharma (1.10 per cent) and PSU Bank (1.03 per cent). On the other hand, Nifty IT and Media dropped 0.74 per cent and 0.04 per cent, respectively.
 
 
3:43 PM

Stock Market LIVE Updates: Expert's view

Stock Market LIVE Updates: "Indian equities closed higher after a mixed start to the session, buoyed by expectations of a consumption-led stimulus from the potential GST slab rationalization. All categories of consumer-based sectors, like discretionary, durable and staples, continued to outperform. Meanwhile, gold extended its rally in the global market to fresh highs, reflecting investor caution amid persistent concerns over prolonged US tariffs and their potential impact on global growth and geopolitical changes. In the near term, market sentiment hinges on the outcome of the GST Council meeting with traction on consumption-oriented stocks and sectors. Well, the expectations are very high, increasing the risk of disappointments, which can kickstart consolidation again."
 
Views by: Vinod Nair, head of research, Geojit Investments 
3:41 PM

Stock Market LIVE Updates: Sectoral indices broadly in green

Stock Market LIVE Updates: Barring Nifty IT, and Media, all the other sectoral indices on the NSE settled higher on Wednesday.
 
3:39 PM

Stock Market LIVE Updates: SMIDs end higher

Stock Market LIVE Updates: Among the broader markets, Nifty Midcap100, and Nifty Smallcap100 indices settled higher by 0.65 per cent, and 0.89 per cent, respectively.
 
3:36 PM

Stock Market LIVE Updates: Sensex heatmap

Stock Market LIVE Updates: Here's a glance at the Sensex gainers and losers at the close.
 
3:35 PM

Stock Market LIVE Updates: Nifty settles at 24,715

Stock Market LIVE Updates: The NSE Nifty50 settled at 24,715.05, higher by 135.45 points or 0.55 per cent.
 
3:34 PM

Stock Market LIVE Updates: Sensex adds 410 pts

Stock Market LIVE Updates: The BSE Sensex added 409.83 points or 0.51 per cent to settle at 80,567.71.
 
3:27 PM

Stock Market LIVE Updates: 14 smallcap stocks hit all-time highs; Apollo Micro zooms 80% in 1 month

Stock Market LIVE Updates: Shares of select small-cap companies are on a roll, with 14 stocks from the BSE Smallcap index hitting their respective all-time highs in Wednesday’s intra-day trade in an otherwise subdued market.
 
Apollo Micro Systems, CarTrade Technologies, CCL Products, HBL Engineering, HealthCare Global Enterprises, Maharashtra Scooters, Manappuram Finance, Nava, Radico Khaitan, SJS Enterprises, Syrma SGS Tech, TD Power Systems, Times Group and Vimta Labs have surpassed their previous highs in intra-day deals today.
 
Besides these 14 stocks, RBL Bank, Sagar Cement and Zydus Wellness from the BSE Smallcap index also hit their respective 52-week highs. READ MORE
3:12 PM

Stock Market LIVE Updates: Caplin Point's unit gets USFDA nod for generic milrinone lactate injection

Stock Market LIVE Updates: Pharma firm Caplin Point Laboratories Ltd on Wednesday said its arm Caplin Steriles Ltd has received final approval from the US health regulator for its generic milrinone lactate in 5 per cent dextrose injection indicated for the short-term intravenous treatment of patients with acute decompensated heart failure.
 
The approval granted by the US Food and Drug Administration (USFDA) is for the abbreviated new drug application (ANDA) milrinone lactate in 5 per cent Dextrose Injection of strengths 20 mg/100 mL and 40 mg/200 mL in single-dose infusion bags, Caplin Point Laboratories said in a regulatory filing.
 
The approved injection is a generic therapeutic equivalent version of the reference listed drug PRIMACOR in dextrose 5 per cent, by Sanofi Aventis US LLC, it added. READ MORE
3:02 PM

Stock Market LIVE Updates: 3 PM update - Benchmarks at day's high; Sensex zooms 317 points, Nifty nears 24,700

2:58 PM

Stock Market LIVE Updates: Arkade Developers shares gain 3% after ₹148-cr acquisition deal; details

Stock Market LIVE Updates: Shares of Mumbai-based real estate player Arkade Developers were trading higher on the bourses on Wednesday, September 3, 2025, after the company announced that it has entered into a Memorandum of Understanding (MoU) to acquire shareholding in Woollen and Textile Industries.
 
The company's shares advanced 3 per cent from their intra-day low and 2.70 per cent from the previous close to log an intra-day high of ₹181 per share on the NSE during Wednesday's trading session. READ MORE
2:50 PM

Stock Market LIVE Updates: Lupin share price rises 3% as USFDA okays schizophrenia drug; details

Stock Market LIVE Updates: Shares of pharmaceutical major Lupin rose over 3 per cent on Wednesday, September 3, to hit an intraday high of ₹1,950.7 after the company said it has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Risperidone Injectable.
 
At 02:30 PM, the company's share price was trading 3.2 per cent higher at ₹1,950.2 per share against the previous close of ₹1,889.7 on the NSE. In comparison, NSE Nifty50 was up 0.38 per cent at 24,672.1 levels. The market capitalisation of the company stood at ₹46,855.5 crore. The 52-week high of the stock was at ₹2,402.9 per share, and the 52-week low was at ₹1,795.20. READ MORE
2:41 PM

Stock Market LIVE Updates: Nifty Metal index surges 3%; why Tata Steel, SAIL rallied up to 6% today?

Stock Market LIVE Updates: Shares of metal companies mainly steel makers were in demand with Nifty Metal index surging 3 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade as the dollar weakening led to an increased demand for commodities.
 
At 01:48 PM; Nifty Metal index, the top gainer among sectoral indices, was up 3 per cent, as compared to 0.23 per cent rise in the Nifty 50. Thus far in the calendar year 2025, metal index has outperformed the market by surging 12 per cent, as against 4 per cent gain in the benchmark index. READ MORE
2:30 PM

Stock Market LIVE Updates: Govt to test battery storage at coal plants as solar power surges

Stock Market LIVE Updates: India will test the installation of battery storage systems at some coal power plants, as the country grapples with integrating massive solar capacity while maintaining reliable electricity supply, an advisor to the country's power ministry said.
 
The concept addresses a critical challenge facing India's power grid, where thermal plants must ramp down during peak solar hours but maintain capacity for evening demand when solar generation drops.
 
The Central Electricity Authority (CEA) has been working on guidelines for coal-based power plants and technical minimum load requirements as the country rapidly expands renewable energy capacity. READ MORE
2:21 PM

Stock Market LIVE Updates: Maruti Suzuki expands SUV lineup with new mid-sized model 'Victoris'

Stock Market LIVE Updates: Maruti Suzuki India on Wednesday expanded its product range in the country with the launch of an all-new model 'Victoris' as it looks to enhance its presence in the robustly growing mid-sized SUV segment.
 
The country's largest carmaker currently sells SUV models like Fronx, Brezza, Jimny and Grand Vitara in the domestic market.
 
Speaking at the Victoris launch event here, Maruti Suzuki India MD and CEO Hisaschi Takeuchi said India has the largest youth population in the world, who will drive growth and become the company's current and future customers. READ MORE
2:12 PM

Stock Market LIVE Updates: Shringar House of Mangalsutra IPO: Check price band, key dates, lot size

Stock Market LIVE Updates: Shringar House of Mangalsutra, manufacturer and designer of Mangalsutra in India, has set the price band for its maiden public issue in the range of ₹155 to ₹165 per equity share. The company aims to raise ₹400.95 crore through a fresh issue of 24.3 million equity shares. There is no offer for sale (OFS) component.
 
According to the red herring prospectus (RHP), the company has reserved not more than 50 per cent of the issue for qualified institutional buyers (QIBs), not less than 10 per cent for non-institutional investors (NIIs) and not less than 35 per cent for retail investors. READ MORE

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First Published: Sep 03 2025 | 7:49 AM IST

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