On Thursday, September 4, Indian equity benchmark indices started the day with a gap-up open. But thereafter, the bears took control, and the Nifty slipped over 200 points to the day's from the day’s high to end flat.
At the closing bell, the Nifty 50 ended up by 19.25 points, or 0.08%, at 24,734.30. The Sensex jumped by 150.30 points, or 0.19%, to 80,718.01. Gains in the Nifty 50 index were led by Mahindra & Mahindra and HDFC Bank.
Auto, financials, and consumer stocks led gains on Thursday as the GST Council approved a two-tier tax structure, lowering levies on everyday items to boost local demand and offset the impact of steep US tariffs. The Nifty Auto gained 0.85%, emerging as the top performing sectoral indices. Meanwhile, the Nifty IT index slipped 0.94%, marking its third straight session of losses.
On the sectoral front, 4 of the 11 key sectoral indices ended in positive territory. Meanwhile, broader indices like Nifty Midcap 100 and Smallcap 100 ended in the red.
Among individual stocks,
Nifty Auto surged by 0.85%, emerging as the top sectoral gainer, extending rally for the 2nd consecutive day. Among the index constituents, Mahindra & Mahindra and TVS Motors were the top gainers. On the flip side, Nifty PSU Bank declined by 1.11%, with all 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 snapped their 2-day winning streak on Thursday, September 4. The Mid-cap 100 index ended down by 0.67%, and the Small-cap 100 index closed Lower by 0.71%.
As of September 4, 2025, the market breadth was in favour of declining stocks. Out of 3,141 stocks traded on the NSE, 1,226 advanced, 1,818 declined, and 97 remained unchanged.
A total of 96 stocks touched their 52-week highs, while 36 hit their 52-week lows. Additionally, 105 stocks were locked in their upper circuits, whereas 50 stocks were in lower circuits.

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