The stock market experienced a decline in the morning on September 3rd, but gained momentum in the latter half of the day, with both the Sensex and Nifty closing in the green. The Midcap and Smallcap indices also finished in positive territory. Stocks like Tata Steel, Bharat Electronics, and ITC showed strength, while Infosys and Bajaj Finance saw a dip.
Stock Market Today: On September 3, 2025, the stock market opened with the Sensex down 153.28 points at 80,004.60 and the Nifty slipping 46.4 points to 24,533.20 in early trading. The market picked up pace in the latter half of the day, with the Sensex closing above 80,550 and the Nifty above 24,700 in positive territory. Despite caution ahead of the GST Council meeting, the Midcap and Smallcap indices registered gains of 380 and 160 points, respectively. Stocks such as Tata Steel, Bharat Electronics, and ITC showed strength.
Sensex and Nifty Decline in Early Trading
The BSE Sensex opened lower by 153.28 points at 80,004.60, and the NSE Nifty opened weaker by 46.40 points at 24,533.20 in early morning trade. Investors exhibited caution during the morning session as the two-day meeting of the GST Council was set to commence in New Delhi. The meeting was expected to discuss potential changes and reductions in proposed GST rates.
Rally in Afternoon Trade
As the trading day progressed, the market displayed a bullish trend. The Sensex showed a gain of over 400 points in the second half of the day, closing above the 80,550 mark. Similarly, the Nifty also ended with a gain of approximately 135 points, trading above the 24,700 level.
The broader market indices also finished in positive territory. The Nifty Midcap and Nifty Smallcap closed with gains of 380 points and 160 points, respectively. The Nifty Bank index saw a surge of over 420 points, reflecting investor confidence in the banking sector.
Volatility in Sensex Stocks
Among the 30 leading companies in the Sensex, shares of Infosys, Bajaj Finance, Hindustan Unilever, Bharti Airtel, ICICI Bank, and Trent experienced declines in early trading. Conversely, stocks of Tata Steel, Bharat Electronics, Eternal, ITC, and Mahindra & Mahindra registered gains.
Experts believe that this fluctuation in the market is normal, and investors were keenly awaiting the GST Council meeting and its outcomes. Positive news regarding new rates and potential reductions during the meeting led to a bullish sentiment in the market.
Strong Rally in the Banking Sector
The banking sector provided good returns to investors on today's trading day. The Nifty Bank's rise of over 420 points clearly indicated b investor confidence in financial institutions. Additionally, the Midcap and Smallcap stocks also witnessed good trading activity.
Technical analysts suggest that the morning decline in the market was primarily due to caution ahead of the GST Council meeting. However, as investors gained confidence that the meeting's outcomes would not negatively impact the market, a bullish trend emerged.
