India Stocks Rise to Start the Week

2025-09-08 04:54 By Chusnul Chotimah 1 min. read

The BSE Sensex rose 258 points, or 0.3%, to 80,969 in morning trade on Monday, after closing flat on Friday, as GST rate cuts continued to lift sentiment amid growing hopes of Fed rate cuts later this month following a weak US jobs report.

The broader index hit its highest level in two weeks, with most sectors trading in the green, led by auto, metals, realty, and oil & gas.

Meanwhile, the Nifty 50 climbed 0.4% to trade above 24,800.

Sentiment was further fueled by a statement from Finance Minister Nirmala Sitharaman, who reiterated that the GST rate cuts would have no negative impact on public finances and would instead support GDP growth.

However, traders remained cautious ahead of the release of both US and domestic CPI data for August later this week, amid hopes that easing inflation could pave the way for further interest rate cuts by the RBI.

Among the top gainers were Tata Motors (3.0%), Tata Steel (2.1%), Mahindra & Mahindra (2.0%), JSW Steel (1.6%), and Adani Ports (1.2%).



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