The stock market started on a positive note on Friday. The Sensex crossed 80,950 and the Nifty approached 25,000. Gains in US and Asian markets provided support to investors. Maintaining above 24,750 on the technical chart suggests further upside for the Nifty, while oil prices fell for the third consecutive day.
Stock Market Today: The Indian stock market opened on a b note on Friday, September 5, 2025. The BSE Sensex opened with a gain of 266 points at 80,984, and the NSE Nifty opened higher by 79 points at 24,814. The market was supported by global cues, with strength observed in US and Asian markets. Technically, by staying above 24,750, the Nifty could surpass the 25,000 mark. On the other hand, crude oil prices declined for the third consecutive day, providing additional support to investor sentiment.
Sensex and Nifty Movements
Upon market opening today, the BSE Sensex commenced with a gain of 266 points, trading around 80,984. Similarly, the NSE Nifty started with a rise of 79 points at the 24,814 level. In the initial phase, b buying was seen in Metal, Banking, and IT stocks, which supported the indices.
Market Performance on Thursday
The market closed with a slight gain on Thursday. The GST Council's approval of a simplified tax structure of 5% and 18% boosted investor confidence. After day-long fluctuations, the Sensex closed with a gain of over 150 points at 80,715. The Nifty settled with a gain of 24 points at 24,739.
Gift Nifty Signal
On Friday morning, Gift Nifty provided positive signals to the market. Gift Nifty was trading higher by 59 points at 24,882 on NSE IX. This effect was visible as soon as the market opened, with the Nifty starting bly.
According to technical experts, it is crucial for the Nifty to remain stable above 24,750. Sustaining above this level could lead the Nifty to cross the 25,000 mark. If this level breaks in the next two to three days, selling pressure on the index might increase.
India VIX Level
India VIX, considered a fear index in the market, closed lower by 0.7% at 10.85 on Thursday. This indicates reduced investor anxiety and market stability.
Impact of US Markets
US stock markets closed with gains on Thursday. The Dow Jones closed up 0.8%, the S&P 500 rose by approximately 0.8%, and the Nasdaq gained 1%. Latest labor market data met expectations and did not affect the possibility of interest rate cuts by the Federal Reserve. This provided strength to global markets, which also reflected in the Indian market.
Asian markets also witnessed an upward trend on Friday. Tokyo's Topix was up 0.9%. Australia's S&P ASX 200 index strengthened by 0.4%. Hong Kong's Hang Seng Futures rose by 0.2%. Meanwhile, S&P 500 Futures were trading 0.1% higher. These signals further boosted the confidence of Indian investors.
Euro Stoxx 50 Futures were trading 0.2% higher on Friday morning. The positive sentiment from European markets is likely to attract foreign investors towards Indian markets.
Decline in Oil Prices
The oil market saw a decline for the third consecutive day. Investors are awaiting the OPEC+ meeting this weekend, where an increase in production might be considered. A moderation in crude oil prices could benefit India by reducing import burden and helping control inflation.
Sectoral Index Performance
Banking and IT stocks showed strength at the start of trading on Friday. Buying interest was also observed in the Metal sector. Auto and FMCG stocks saw minor gains. In early trading, the most significant support came from large banks and IT companies.
