Benchmark equity indices Sensex and Nifty rallied in early trade on Monday (September 8, 2025) tracking a firm trend in global markets amid hopes of a rate cut by the U.S. Federal Reserve later this month.

The recent GST rate cut announcement also added to markets’ optimism during the initial trade.

The 30-share BSE Sensex climbed 296.26 points to 81,007.02 in early trade. The 50-share NSE Nifty rallied 90.35 points to 24,831.35.

From the Sensex firms, Tata Steel, Tata Motors, Mahindra & Mahindra, Adani Ports, UltraTech Cement and Power Grid were among the gainers.

However, Asian Paints, Trent, Bharti Airtel and Titan were among the laggards.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng traded in positive territory.

U.S. markets ended lower on Friday (September 5, 2025).

“Post-September 22nd when the new GST rates come into effect, there will be huge spurt in demand, particularly for automobiles and consumer durables. This has the potential to lift the market sentiments,” V.K. Vijayakumar, chief investment strategist, Geojit Investments Limited, said.

The August non-farm payrolls report showed the American economy added just 22,000 jobs, while the unemployment rate rose to 4.3% from 4.2%.

This soft labour data has strengthened hopes of a rate cut by the U.S. Fed.

“The Federal Reserve is widely expected to cut rates by 25 bps at its 17 September meeting,” Prashanth Tapse, senior VP (research), Mehta Equities Ltd, said.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,304.91 crore on Friday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 1,821.23 crore, according to exchange data.

Global oil benchmark Brent crude jumped 1.19% to $66.29 a barrel.

On Friday, the Sensex ended lower by 7.25 points or 0.01% at 80,710.76. The Nifty eked out gains of 6.70 points or 0.03% to 24,741.

Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday (July 22, 2025) as gains in quick commerce and private banking shares were offset by losses in oil & gas and IT shares.

The 30-share BSE Sensex ended 13.53 points or 0.02% down at 82,186.81. During the morning trade, it climbed 337.83 points or 0.41% to 82,538.17 but lost momentum later.

The 50-share NSE Nifty dipped 29.80 points or 0.12% to settle at 25,060.90.

A lack of clarity over the U.S.-India trade deal ahead of the August 1 deadline and profit booking by FIIs hit the market sentiment, experts said.

Among Sensex firms, Eternal jumped the most by 10.56% in a post-result rally. Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday (July 21, 2025) reported a consolidated net profit of ₹25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line.

Titan, Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers.

However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards.

In Asian markets, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng settled in positive territory while South Korea’s Kospi and Japan’s Nikkei 225 index ended lower.

European markets were trading mostly lower. The U.S. markets ended mostly higher on Monday (July 21, 2025).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,681.23 crore on Monday (July 21, 2025), while Domestic Institutional Investors (DIIs) bought stocks worth ₹3,578.43 crore, according to exchange data.

Global oil benchmark Brent crude dropped 0.97% to $68.54 a barrel.

On Monday (July 21, 2025), the Sensex climbed 442.61 points or 0.54% to settle at 82,200.34. The Nifty jumped 122.30 points or 0.49% to 25,090.70.