Indian Market Opens Higher: Sensex at 79,828, Nifty Above 24,400
The Indian stock market opened on a positive note today, with the Sensex starting at 79,828 and Nifty crossing 24,400. Key sectors like banking and housing finance are in the spotlight, with major companies like Aditya Birla Capital and Tech Mahindra making significant moves.
Real Estate News:The Indian stock market kicked off the day with a cautious but positive tone. The Nifty 50 opened at 24,432.70, up 5.90 points (0.02%) from its previous close of 24,426.85. The Bank Nifty started the session at 53,658.15, marginally higher than its previous close of 53,655.65. The Sensex opened at 79,828.50, gaining 18.90 points (0.02%) from the previous close of 79,809.65. The Gift Nifty is currently trading at 24,582.
The market opened slightly higher across major indices, showing a cautious but positive start to the session, with minimal gains in Nifty 50, Bank Nifty, and Sensex, while Gift Nifty is trading above the Nifty 50 level. Overall, investor sentiment appears stable with modest optimism.
Global Index as on 1 September 2025:
- Dow 30 slipped 0.20%, closing 92.02 points lower at 45,544.90. - S&P 500 declined 0.64%, losing 41.60 points to end at 6,460.26. - Nasdaq fell sharply by 1.15%, dropping 249.61 points to 21,455.60. - FTSE 100 edged down 0.32%, closing 29.48 points lower at 9,187.34. - DAX weakened 0.57%, shedding 137.71 points to settle at 23,902.20. - Nikkei 225 dipped 2.03%, losing 868.65 points and is currently trading at 41,849.82
US markets are closed for a holiday because of Labor Day, resulting in thin trading, but Wall Street and European futures showed modest gains following Friday’s declines. Asian markets opened lower at the start of the month, pressured by uncertainty over US tariff policies following a court ruling, while investors also awaited US jobs data that could influence the direction of interest rate cuts.
Commodities Updates:
- Gold : Currently trading at Rs. 10,494 per gram. - Silver : Down by Rs. 0.10, now at Rs. 124.90 per gram. - Crude Oil : Prices have fallen by 0.34%, reaching 67.075, compared to the previous close of 67.305.
Global Events/Updates:
Prime Minister Narendra Modi and Russian President Vladimir Putin exchanged a warm hug and handshake during their meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in China.
U.S. President Donald Trump defended his tariff policies on Truth Social, claiming they saved the country from economic and military collapse. His remarks follow a major setback as a federal appeals court ruled that most tariffs imposed during his tenure were unlawful. While the court rejected Trump’s legal rationale, it permitted the tariffs to stay in effect until October 14, providing the administration an opportunity to appeal to the US Supreme Court.
Results Today:
- Highway Infrastructure, Brightcom Group, Valencia India, and Vivanta Industries are scheduled to announce their quarterly earnings on September 1.
Stocks to Watch:
- Mangalore Chemicals Ltd : Signed a business transfer agreement with Zuari Agro Chemicals to acquire its fertilizer business in Maharashtra. - HG Infra Ltd : Raised Rs. 400 crore through the allotment of non-convertible debentures (NCDs) on a private placement basis. - RBL Bank Ltd : Approved fundraising of up to Rs. 3,500 crore via qualified institutional placement (QIP) and Rs. 3,000 crore through debt securities. - Bandhan Bank Ltd : RBI imposed a penalty of Rs. 44.7 lakh on the bank. - Epack Durable Ltd : Invested Rs. 10 crore in subsidiary EPACK Manufacturing Technologies. - Rites Ltd : Secured a Rs. 25.3 crore Letter of Award from NTPC Ltd. for a Biennial MGR mega contract. - BLS International Ltd : Subsidiary BLS International FZE acquired 100% stake in BLS Consular Services. - GOCL Corp Ltd : To acquire Hinduja National Power’s thermal power operations near Visakhapatnam. - NHPC Ltd : Revised borrowing plan, now targeting up to Rs. 10,000 crore via NCDs on a private placement basis. - Zydus Wellness Ltd : Subsidiary acquired UK-based Comfort Click for £239 million. - Bajaj Finserv Ltd : Incorporated a wholly owned subsidiary, Bajaj Alternate Investment Management. - Popular Vehicles and Services Ltd : Received in-principle approval from Maruti Suzuki to acquire an existing authorized dealership in Telangana. - Aditya Birla Capital Ltd : Invested Rs. 250 crore in Aditya Birla Housing Finance through a rights issue. - Tech Mahindra Ltd : Voluntarily liquidated its wholly owned arm, Tech Mahindra Technology Services. - MTNL Ltd : NSE and BSE imposed fines totaling Rs. 6.73 lakh (including GST) for regulatory non-compliance. - Adani Power Ltd : Won supply order for a new 800 MW thermal project in Anuppur, Madhya Pradesh, with an investment of Rs. 10,500 crore and final tariff fixed at Rs. 5.838/kWh. - Indoco Remedies Ltd : Entered into an agreement to sell properties worth Rs. 24.7 crore. - Mishra Dhatu Nigam Ltd : Fined Rs. 6.78 lakh each by NSE and BSE for Q1 FY26 non-compliance. - PG Electroplast Ltd : Subsidiary Next Generation Manufacturers signed an MoU with Maharashtra government to invest Rs. 1,000 crore in a greenfield project at Ahilyanagar. - Shipping Corporation of India Ltd : Penalized Rs. 10.9 lakh each by NSE and BSE for Q1 FY26 non-compliance. - HEG Ltd : Subsidiary TACC entered into a technical collaboration with Ceylon Graphene Technologies to accelerate commercialization of graphene products. - Nitin Spinners Ltd : Acquired 1.7 crore shares (7% stake) in CGE II Hybrid Energy Pvt Ltd. - Torrent Power Ltd : Awarded development rights for a 1,600 MW coal-based power plant in Madhya Pradesh; project cost estimated at Rs. 22,000 crore. - Gujarat Industries Power Ltd : State government approved 700Ltd:750 MW lignite-based power plant at Valia; GUVNL to procure 700 MW power for 25 years. - Oriental Rail Infrastructure Ltd : Received orders worth Rs. 3.4 crore from ICF Chennai for coach seats and berth supplies. - Balmer Lawrie Ltd : Fined Rs. 11.9 lakh by BSE for Q1 FY26 regulatory non-compliance. - BEML Ltd : Won an Rs. 80 crore order from Indian Railways for supply of utility track vehicles. - Precision Camshafts Ltd : Approved insolvency proceedings for German arm MFT Motoren und Fahrzeugtechnik GmbH. - Hindustan Copper Ltd : Fined Rs. 9.8 lakh each by NSE and BSE for regulatory non-compliance. - DOMS Industries Ltd : To acquire additional 13% stake in Pioneer Stationery for Rs. 5.5 crore. - Welspun Specialty Ltd : Received clearance from Gujarat Pollution Control Board to continue operations at its Bharuch plant. - AB Capital Ltd : To infuse Rs. 250 crore in Aditya Birla Housing Finance to support growth and improve leverage. - Hubtown Ltd : To raise Rs. 500.6 crore through share issuance at Rs. 341 per share from 101 investors, including Abakkus Diversified Alpha Fund and Aryabhata Global Assets Fund. - Allied Blenders Ltd : Considering an appeal against Bombay HC’s July 16, 2025, order restricting the launch of products under Mansion House and Savoy Club brands until final verdict. - NCC Ltd : Secured two orders worth Rs. 788 crore in August 2025 under its water division. - Neogen Chemicals Ltd : Forming a JV with Morita Chemical Industries to tap into the lithium-ion battery sector. - Dharan Infra EPC Ltd : Won contracts worth Rs. 1,171 crore from Skymax Infra Power; ~80% of work involves international procurement.
Conclusion:
The Indian market opened on a positive note, with key indices showing minimal gains. Several major companies are making significant moves, particularly in the banking, housing finance, and infrastructure sectors. The global market sentiment remains cautious, with US markets closed for Labor Day and Asian markets under pressure due to tariff uncertainties. Investors will be watching closely for further developments and economic indicators to guide their decisions.
Frequently Asked Questions
What is the opening value of the Nifty 50 today?
The Nifty 50 opened at 24,432.70, up 5.90 points (0.02%) from its previous close of 24,426.85.
How did the global markets perform on 1 September 2025?
Global markets showed mixed performance. The Dow 30 slipped 0.20%, the S&P 500 declined 0.64%, and the Nasdaq fell sharply by 1.15%. Asian markets opened lower, pressured by uncertainty over US tariff policies.
What commodities saw price changes today?
Gold is currently trading at Rs. 10,494 per gram, silver is down by Rs. 0.10 to Rs. 124.90 per gram, and crude oil prices have fallen by 0.34%, reaching 67.075.
What significant moves did Aditya Birla Capital make?
Aditya Birla Capital invested Rs. 250 crore in Aditya Birla Housing Finance through a rights issue and AB Capital Ltd is to infuse Rs. 250 crore in Aditya Birla Housing Finance to support growth and improve leverage.
Which companies are scheduled to announce their quarterly earnings today?
Highway Infrastructure, Brightcom Group, Valencia India, and Vivanta Industries are scheduled to announce their quarterly earnings on September 1.