The Indian stock markets indicated a mixed but guarded trend on September 2, 2025. The benchmark indices began the day on a positive note but dipped into the red following selling pressures, particularly in banking and pharmaceutical shares. The BSE Sensex lost 206.61 points (0.26%) to close at 80,157.88, and the NSE Nifty lost 45.45 points (0.18%) to close at 24,579.60. Intraday fluctuations were steep, with the Sensex falling between 80,761.14 at the day’s peak and 80,008.50 at its low, due to investor nervousness in anticipation of important events like the GST Council meet and index futures expiry. GIFT Nifty Today: Narrow Range and Mild Positivity
GIFT Nifty trades in red
It trades around 24,590 points, reflecting a negative market sentiment going into the domestic market open tomorrow. The index shows cautious investor mood in global-alignment trading sessions. Key Drivers remain policy uncertainties and global headwinds, market sentiment continues to be weak on account of several factors. The two-day GST Council meeting scheduled from tomorrow has been keeping consumer and sugar stocks in the focus area. Globally, uncertainty over US tariffs on Indian imports, kept at 50%, continues to take a toll on investor sentiment. Foreign Portfolio Investors (FPIs) remained net sellers for the sixth session in a row, increasing outflows that could cap market upside in the near term.
Outlook for Tomorrow: Cautious with Range-Bound Trading
Pacing to Wednesday’s opening bell, the analysts see a conservative but slightly negative tone. Technical charts indicate Nifty support at around 24,450 and resistance at 24,800, foreseeing a range-bound session with higher volatility guided by policy announcements and overseas trends. Domestic consumer stocks may be in focus after Q1 GDP growth at 7.8%, reflecting economic resistance. Nevertheless, ongoing FII selling and geopolitical risks remain prime threats.
Nutshell
The current Indian stock market session saw nervous profit-booking and increased volatility against the backdrop of macroeconomic uncertainties. GIFT Nifty showed a moderate positive tilt in pre-market trade. The outlook for tomorrow remains cautiously positive within a determined trading range, depending on progress from the GST Council and overseas market dynamics to guide crisper market direction.
