Market Update 04/09/2025 π
π Markets to Open Higher; GST Council Approves Rate Cuts
β¨ GIFT Nifty β¬οΈ 156 pts at 24,968
π§Ύ GST slabs rationalised to 5%, 18%, and 40% (effective Sept 22, 2025)
π¦ 396 items to see lower GST rates
π Asian Markets
π Asian equities gained, tracking Wall Streetβs tech rally
π» Nasdaq strength lifted sentiment across the region
π Yesterdayβs Indian Markets (Sept 3)
π Sensex β¬οΈ 410 pts (0.51%) to 80,567.71
π Nifty 50 β¬οΈ 135 pts (0.55%) to 24,715.05
π BSE Midcap β¬οΈ 0.63% | Smallcap β¬οΈ 0.90%
π Optimism over GST reforms boosted buying interest
πΈ FII/DII Activity (Sept 3)
π FII: Sold shares worth βΉ1,666.46 Cr
π€ DII: Bought shares worth βΉ2,495.33 Cr
π Wall Street (Sept 3)
π» Nasdaq β¬οΈ 1.03% to 21,497.73
π S&P 500 β¬οΈ 0.51% to 6,448.26
ποΈ Dow Jones β¬οΈ 0.05% to 45,271.23
π Focus on market reaction to historic GST reform πβ¨