Daily Finance Pulse India - 05 September 2025
India's stock markets are open on 2025-09-05 despite the Milad-Un-Nabi holiday. GST reforms, marginal index gains, and sector rotation dominated market action. Sentiment is neutral as investors digest policy news and await global cues.
1/10
GST Reform: Two-Slab System Enacted, Marginal Market Upside
September 4, 2025 · The GST Council approved a simplified two-rate regime (5%/18%), slashing rates on essentials but retaining higher taxes for luxury and sin goods. Sensex rose 150 pts, Nifty 19 pts as reforms were digested.
Impact: Investors see clarity on tax, but market reaction was muted with broad indices nearly flat.
2/10
Stock Indices: Sensex and Nifty End Flat; Broader Market Weakness
September 4, 2025 · Sensex closed at 80,718.01 (+0.19%), Nifty at 24,734.30 (+0.08%). Midcap and smallcap indices fell 0.6%, reflecting risk aversion away from large caps.
Impact: Major Indian indices held ground, but investor caution persisted outside blue chips.
3/10
Market Status: Indian Exchanges Open Despite Milad-Un-Nabi
September 4, 2025 · NSE and BSE remain open on September 5; only settlement is deferred due to a banking holiday. Benchmarks are expected to consolidate between 24,400-25,000.
Impact: Normal trading continues, ensuring liquidity for investors.
4/10
IPO Watch: Eldorado Agritech Files for ₹1,000 Crore Issue
September 4, 2025 · Eldorado Agritech, known for Srikar Seeds, filed for a ₹1,000 crore IPO, combining a fresh issue and offer for sale.
Impact: New IPO activity signals continued appetite for agri-business investments.
5/10
Stock Picks: Dabur, Bajaj Auto, Amara Raja Tipped as Buys
September 4, 2025 · Analysts recommend Dabur, Bajaj Auto, and Amara Raja Energy & Mobility, anticipating an upswing in Nifty if 24,800 is crossed.
Impact: Momentum traders focus on select stocks as indices approach resistance.
6/10
US Markets: Dow Jones Steady as Fed Signals No Immediate Rate Change
September 4, 2025 · US indices closed mixed; Dow Jones last closed at 39,820.12 with a change of -45.87. Federal Reserve reiterated data dependence for future rate moves.
Impact: Muted US action provides little direction for Asian equities, including India.
7/10
Forex: USD/INR Rangebound Amid RBI Intervention Hopes
September 4, 2025 · USD/INR traded steady near 83.10 as traders expect RBI to curb volatility, with global cues subdued.
Impact: Stable rupee supports importers and tempers inflation concerns.
8/10
Commodity: Brent Oil Hovers Near $92 on OPEC Supply Discipline
September 4, 2025 · Brent crude last closed at $91.85/barrel, holding gains as OPEC output cuts continue and US inventories fall.
Impact: Elevated oil prices may pressure Indian inflation and trade deficit.
9/10
Crypto: Bitcoin Stable Below $27,500 After ETF Hopes Fade
September 4, 2025 · Bitcoin last traded at $27,430, little changed as optimism for a quick US spot ETF approval faded.
Impact: Crypto remains rangebound, drawing little fresh risk capital.
10/10
Economic Data: GST Rate Cut Seen Easing CPI Inflation, Limited Fiscal Impact
September 4, 2025 · Analysts estimate the GST rate cut could lower CPI inflation by 25 bps, with a manageable ₹48,000 crore dent to tax collections.
Impact: Inflation relief is likely but fiscal balance is expected to hold.