The Indian stock market opened in the green for the second consecutive day. On September 2, 2025, the Sensex opened at 80,532 and the Nifty at 24,674. GDP-GST data, strength in the auto sector, and a falling India VIX boosted investor confidence. Investors are also keeping an eye on Asian markets and the dollar's movement.
Stock Market Today: On Tuesday, September 2, 2025, the Indian stock market made a positive start for the second consecutive day. The BSE Sensex opened at 80,532.80, up 168 points from its previous closing level, while the NSE Nifty opened at 24,674.30. Strong GDP and GST figures, along with a rally in auto stocks, supported the market. A 4% drop in India VIX has eased investor concerns. However, technical charts suggest that the Nifty might remain under pressure below 25,000. The movement of Asian markets and the dollar is also influencing investor strategies.
Market Opening Today
The BSE Sensex opened at the 80,532.80 level today. This was an increase of 168.31 points, or 0.21 percent, compared to the previous trading day's closing of 80,364.49. The NSE Nifty also showed strength, opening higher by 49.25 points at 24,674.30. The Nifty had closed at 24,625.05 the previous day.
Impact of Monday's Rally
On September 1, the stock market registered a significant gain due to better GDP and GST data. On Monday, the Sensex closed at 80,364.49, up 554.84 points or 0.70 percent. The Nifty also surged by 198.20 points or 0.81 percent, closing at 24,625.05. Notably, good buying interest was observed in auto sector stocks. The impact of this rally was clearly visible in today's market opening.
Gift Nifty Signaled the Trend
Gift Nifty, formerly known as SGX Nifty, had already given positive indications. Gift Nifty was trading at 24,753.50 on NSE IX, up 25 points or 0.10 percent. This clearly signaled that the Indian stock market might open in the green.
Short-Term Indicators Show Upward Trend
According to technical charts, the Nifty is not yet in a completely safe zone. As long as it trades below 25,000, selling pressure might persist. However, short-term indicators like MACD are currently giving buy signals. In such a scenario, the possibility of the upward trend continuing cannot be ruled out. On the downside, the Nifty has b support at 24,350.
India VIX, known as the fear index of the market, fell by 4 percent to 11.29. This indicates that investor nervousness is currently subsiding. A decrease in the VIX level is seen as a sign of market stability.
Asian Market Movements
Asian markets also witnessed a slight uptick on Tuesday. Following a surge in Alibaba's shares, focus has returned to the technology and artificial intelligence sectors.
- Japan's Topix index was up 0.2 percent.
- Australia's S&P/ASX 200 index fell 0.3 percent.
- Euro Stoxx 50 futures rose 0.2 percent.
- S&P 500 futures showed no significant change.
These signals clearly indicate that investor sentiment globally remains cautious yet positive.
Dollar's Position
Following the Labor Day holiday in the US, markets there are set to reopen on Tuesday. The dollar saw a minor recovery in early Asian trading. However, the dollar had been under pressure for the past few days. The dollar's movement could also impact foreign investment trends.
