On Monday, September 8, Indian equity benchmark indices closed in the positive territory, with Nifty 50 extending gains for the 4th straight session, while Sensex inched up by 76.54 points. The benchmark indices gave up most of their gains towards the end of the session but still managed to close higher on Monday.
At the closing bell, the Nifty 50 ended up by 32.15 points, or 0.13%, at 24,773.15. The Sensex edged up by 76.54 points, or 0.09%, to 80,787.30.
Among the sectoral indices, Nifty Auto index was the show stopper as it gained 3.30%, emerging as the top sectoral gainer. Among the 15 constituents, 14 stocks traded in the green, with MRF slipping 0.69%. Mahindra & Mahindra and Tata Motors gained 3.9% and 4.02%, respectively, after cutting prices across their vehicle portfolios to pass on the full benefit of the GST cut to customers.
Hero MotoCorp advanced 1.49% after appointing Harshavardhan Chitale as CEO, effective January 5, 2026.
Meanwhile, car sales to customers rose 2.84% year-on-year in August, according to the Federation of Automobile Dealers Association (FADA), which expects further growth during the festive period supported by government GST cuts.
On the sectoral front, 7 of the 11 key sectoral indices ended in positive territory. Meanwhile, broader indices like Nifty Midcap 100 and Smallcap 100 ended in the green.
Among individual stocks,
Nifty Auto index surged by 3.3%, emerging as the top sectoral gainer, extending its rally for the 4th consecutive day. The Nifty Auto index jumped 8.93% in September till now. On the flip side, Nifty IT declined by 0.94%, with 8 of 10 of its constituents ending in the red.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended in green on Monday, September 5. The Mid-cap 100 index ended up by 0.50%, and the Small-cap 100 index closed higher by 0.16%.
As of September 8, 2025, the market breadth was tilted towards advancing stocks. Out of 3,145 stocks traded on the NSE, 1,750 advanced, 1,285 declined, and 110 remained unchanged.
A total of 114 stocks touched their 52-week highs, while 50 hit their 52-week lows. Additionally, 144 stocks were locked in their upper circuits, whereas 73 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.