
Nifty 50 closed marginally higher at 24,585 while Sensex remained flat at 80,159. Banking and smallcap stocks gained, but IT shares dragged indices.
Foreign investors continued their selling streak with Rs 1,159 crore outflows, while domestic investors bought Rs 2,549 crore worth of equities, cushioning the market.
Ongoing discussions on GST rate rationalization created cautious sentiment, with states demanding compensation guarantees for revenue losses before approving major changes.
Indian stock market today, on September 3, 2025, showed mixed trends as benchmark indices witnessed marginal movements while sector-specific trends emerged clearly. Nifty 50 managed a slight gain of 0.02% to trade at 24,585. At the same time, Sensex stayed virtually flat at 80,159 points. Let’s see how different sectors and stocks performed today based on Moneycontrol live market data.
Banking stocks outperformed while technology shares faced selling pressure. Nifty Bank index advanced 0.07% to 53,697 points, supported by positive momentum in several banking stocks. However, the IT sector bore the brunt of profit-taking, with Nifty IT index declining 1.06% to 35,357 points. Hence, reflecting broader concerns about the technology sector's near-term prospects. Small-cap stocks provided a bright spot for investors, with the BSE Smallcap index surging 0.86% to 53,003 points.
Among Nifty 50 stocks, metal stocks led the gainers with Tata Steel share price climbing 3.61% to Rs. 164.11. It was followed by JSW Steel which advanced 2.01% to Rs. 1,065. Titan shares also performed well, rising 1.75% to Rs. 3,683.90, while IndusInd Bank gained 1.46% to Rs. 762.20.
On the flip side, IT giants dominated the losers' list, with Infosys shares declining 1.47% to Rs. 1,476.60. TCS fell 0.69% to Rs. 3,089.90. HDFC Life also faced pressure, dropping 1.18% to Rs. 773.55, along with other technology stocks like Tech Mahindra and HCL Tech.
Also Read: Mobikwik Share Price Jumps 12% to Rs. 266.76; Outperforms After ADIA Stake Sale
Foreign institutional investors (FIIs) maintained their selling streak, with net outflows of Rs. 1,159.48 crores recorded on September 2. This continued the pattern from the previous session when FIIs had sold Rs. 1,429.71 crores worth of Indian stocks. Domestic institutional investors (DIIs) provided key support by purchasing Rs. 2,549.51 crores worth of stocks, helping offset some of the foreign selling pressure.
GST Council meeting began today on September 3 and will end in two days. The meeting is expected to address rate rationalization proposals that could impact approximately 175 items across GST slabs. The central government's proposal aims to simplify the GST structure into primarily two slabs, with most items in the 28% category moving to 18%, and those in 12% shifting to 5%.
The services sector continued showing strength, with India's services PMI hitting a 15-year high of 62.9 in August, up from 60.5 in July. Yes Bank shares gained 2% at press time as reported by The Economic Times. The hike follows the Competition Commission of India's approval for Sumitomo Mitsui Banking Corporation's plan to acquire up to 25% stake in the lender. According to Fortune India, TBO Tek shares soared 12% after announcing its subsidiary's acquisition of US-based Classic Vacations for up to $125 million.
Stock market today suggests selective opportunities, especially in banking and small-cap sectors, while technology stocks may face continued challenges in the near term. Investors navigate through policy uncertainties related to tax reforms and continued foreign selling pressure. The market's direction will likely depend on the outcomes of the GST Council meeting and any clarity on compensation for states.
Also Read: US Stock Market Today: Dow Jones Falls 571 Points, NASDAQ Tumbles 1.7% Amid Fiscal Concerns
1. Why did the Indian stock market remain mixed on September 3, 2025?
The market showed a mixed trend due to sectoral divergence. Banking and smallcap stocks gained while IT and technology shares faced selling pressure. FIIs continued their selling streak, though DIIs provided support, creating balanced outcomes.
2. Which sectors performed best in today’s stock market?
Banking and small-cap stocks outperformed. The Nifty Bank index gained 0.07%, driven by positive momentum, while the BSE Smallcap index surged 0.86%, reflecting strong investor interest in smaller companies despite market uncertainty.
3. Why did IT stocks decline in today’s trading session?
IT stocks faced selling pressure, with Nifty IT falling 1.06% to 35,357 points. Profit-taking and broader concerns about the sector’s near-term growth weighed heavily on large firms like Infosys, TCS, and Tech Mahindra.
4. How did foreign and domestic investors impact the market?
Foreign institutional investors (FIIs) sold Rs. 1,159 crore worth of equities, continuing their outflow trend. However, domestic institutional investors (DIIs) purchased Rs. 2,549 crore, helping offset losses and preventing a deeper decline in indices.
5. What role did the GST Council meeting play in market sentiment
The ongoing GST Council meeting created policy uncertainty. While the government proposed tax rationalization, state governments raised concerns over compensation. This uncertainty kept traders cautious, with sentiment hinging on policy clarity.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.