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Stock markets finish decrease amid profit-taking in banking, auto shares forward of GST Council assembly

A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI

Benchmark indices Sensex and Nifty reversed early positive aspects to shut decrease on Tuesday (September 2, 2025) dragged by last-hour profit-taking in banking and auto shares amid warning forward of the GST Council assembly.

The 30-share BSE Sensex declined 206.61 factors or 0.26percentt to settle at 80,157.88. The barometer opened greater and traded with positive aspects until late afternoon session. However, profit-taking on the fag-end dragged the index down by 752.64 factors from the day’s excessive of 80,761.14.

The 50-share NSE Nifty dipped 45.45 factors or 0.18% to 24,579.60. During the day, it hit a excessive of 24,756.10 and a low of 24,522.35.

Among Sensex corporations, Mahindra and Mahindra, Asian Paints, Kotak Mahindra Bank, ICICI Bank, Tata Motors and Larsen & Toubro closed with losses.

However, Power Grid, NTPC, Tata Steel and Hindustan Unilever have been the key gainers.

“Domestic equities reversed early gains from strong macro data, ending lower on profit-booking amid caution ahead of the GST Council meeting and F&O expiry, with banking stocks leading the decline,” Vinod Nair, Head of Research, Geojit Investments Limited, mentioned.

The GST Council is assembly in New Delhi for 2 days starting September 3 to debate the proposed pruning of charges.

In Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index settled in optimistic territory whereas Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ended decrease.

Markets in Europe have been buying and selling in detrimental territory.

US markets have been closed on Monday for the Labour Day vacation.

Published – September 02, 2025 04:31 pm IST

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