Markets open on a positive note tuesday morning, with the Nifty 50 Starting at 24,653.00 from its previous close of 24,625.05 and trading at 24,672.25, up 47.20 points or 0.19 per cent, at 9.33 am. The Sensex Opened at 80,520.09 Against Its Previous Close of 80,364.49 and was at 80,544.27, Higher by 179.78 points or 0.22 per cent, buying on Mondayy’s Strong Raillly Driven By BETTER-to-exposed gdp growth numbers.
The Momentum Follows India’s Q1 Gdp Growth print of 7.8 per cent for april-June, which reinforced optimism Around the country’s growth trafficory. After a strong start to the week with nifty Gaining Nearly 200 points on Monday, The Momentum Looks Set to Continue, “Said Hariprasad K, Sebi-Registered Research Analyst and Founder of Livelong Wealth.
Among Top Gainers on the Nifty50, Reliance Industries LED with A 1.85 per cent jump to ₹ 1,378.90, Followed by eternal at 1.40 per cent to ₹ 325.60, Ntpc up 1.24 per cent to ₹ 334.80, ntpc up ₹, ntpc up, ntpc up ₹, ntpc up, ntpc up. Gaining 0.93 per cent to ₹ 1,185.30, and Tata Consumer Products Rising 0.86 per cent to ₹ 1,084.90. On the downside, Mahindra & Mahindra Fell 1.14 per cent to ₹ 3,277.60, Dr. Reddy’s declined 0.85 per cent to ₹ 1,269.00, Asian Paints Dropped 0.64 per cent to ₹ 2,553.70, infosys shed 0.63 per cent to ₹ 1,490.00, And Ultratech CEMENT LOST 0.53 Per Cent to ₹ 12,758.00.
The it sector Showed Particular Strength, Benefiting from the Rupee Hitting Fresh Lows against the dollar. “It stocks Led the charge, Gaining from the Rupee Hitting Fresh Lows Against The Dollar,” Noted Hariprasad K. Individual it Stocks Like Infosys Gained 2.07 PER CENT and Tech Mahindra Rose 1.63 Per CEnt in Pre-MARKET COMMENTARY, Thought Opening Numbers Showed Some Moderation.
Foreign Institutional Investors Remained Net Sellers, Offloading ₹ 1,430 Crore Women of Equites on Monday, while domestic institutional investors provided Strong Support with Net Purchases of ₹ 4,345 Crorer. “Fiis Remained Net Sellers, Offloading ₹ 21,152 Crore Last Week, ₹ 46,908 Crore in August, and ₹ 74,159 Crore So far in Fy26,” Said Prashanth Tapse, Senior VP Equities ltd.
Global Factors Provided Mixed Signals as Geopolitical Tensions Persist. Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, Warned That “India-RLATIONS HAVE DETERERATED and Normalcy appears Dificult in the Near Future. Administration are likely. “
Technical Indicators Sugged Continued Bulish Momentum. “In the 30-minute timeframe, nifty has broken out of a Falling Wedge Pattern, A BULLISH RIVERSAL SETUP. Sustaining Above 24,540-24,500 keeps the trend positive, with upside targets aT 24,700–24,800 and potentially 24,900, “According to Hariprasad K.
Volativity cooled significantly with India Vix Slipping over 3 per cent yesterday, Easing Market Sentimen. Mandar Bhojane, sr technical & derivative analyst at choice broking, noted that “nifty formed a morning star candlestick pattern, signaling a potential reversal and renewed strength.”
In the Commodities Space, Gold Pries Hit Record Highs Amid Expectations of Us Federal Reserve Rate Cuts. “Gold Pries Hit A Record High on Continued Expectations of a Us Federal Reserve Rate Cut and Ongoing Weakness in the Us Dollar,” Said Darshan Desai, CEO of Aspect Bullion & Refinery. Gold has support at ₹ 1,04,140- ₹ 1,03,640 While Resistance is at ₹ 1,05,350- ₹ 1,05,750.
Crude oil futures also traded Higher on Tuesday Morning Following Supply Disruption Concerns. November Brent Oil Futures was at $ 68.47, Up 0.47 per cent, while september crude oil futures on McX traded at ₹ 5,728, UP 0.44 per cent from the previous close of ₹ 5,703.
“Crude Oil Pries Gained In the International Markets AMID Supply Fear from Russia due to delay in the ceasefire deal,” explained rahul kalantri, vp commodities at mehta equities ltd. He added that “The us president’s threat for imposing more sanctions on russian oil is supporting crude oil prices.”
The banking sector showed resilience with bank nifty forming a morning star pattern and closing strongly Above The 54,000 Mark. “If the price sustains Above 54,400, it has the potential to move towards 55,000 and 56,000 in the coming days,” Noted Bhojane.
Market Participants are now focusing on Upcoming Events Including The GST COUNCIL Meeting Schedules September 3-4, “With Sentiment Torn Between Trade Tensions and Optimism Around Government Reforms, According to Tapse.
Today also marks the first tuesday weekly expiry for nifty options contracts, adding to trading activity. With gift nifty indicating a positive opening, market experts sugest adopting a boy-on-dips
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Published on September 2, 2025