Asian Paints
2579.9 11.30
Cipla
1553.4 -24.40
Eicher Motors
6580.5 155.50
Nestle India
1208.5 -4.10
Grasim Inds
2804 -5.80
Hero Motocorp
5363 12.00
Hindalco Inds.
743.8 4.75
Hind. Unilever
2633.4 -33.20
ITC
407.35 -8.55
Trent
5528.5 -0.50
Larsen & Toubro
3553.6 -39.00
M & M
3561.3 79.80
Reliance Industr
1375 15.70
Tata Consumer
1072.4 1.30
Tata Motors
691.7 4.20
Tata Steel
167.68 0.87
Wipro
243.67 -1.30
Apollo Hospitals
7804.5 -95.50
Dr Reddy's Labs
1268.1 15.10
Titan Company
3665.3 -25.80
SBI
806.6 -2.80
Shriram Finance
592.5 6.70
Bharat Electron
370.8 -1.70
Kotak Mah. Bank
1945.5 -4.20
Infosys
1444.6 -18.40
Bajaj Finance
937.6 2.85
Adani Enterp.
2281.4 2.60
Sun Pharma.Inds.
1593.6 11.30
JSW Steel
1073.1 0.70
HDFC Bank
963.4 2.15
TCS
3048.3 -47.40
ICICI Bank
1402.8 -2.70
Power Grid Corpn
285.35 3.55
Maruti Suzuki
14895 233.00
IndusInd Bank
757.05 2.20
Axis Bank
1055.9 5.50
HCL Technologies
1419 -24.30
O N G C
234.13 -1.59
NTPC
328.7 -1.35
Coal India
392.65 1.20
Bharti Airtel
1895.3 14.90
Tech Mahindra
1477.9 -22.50
Adani Ports
1321.8 -6.40
HDFC Life Insur.
759.55 5.30
SBI Life Insuran
1805.3 14.20
UltraTech Cem.
12601 -50.00
Bajaj Auto
9084.5 13.50
Bajaj Finserv
2014.4 12.20
Eternal Ltd
329.15 2.90
The Nifty traded near the 24,850 mark. Auto stocks extended their gains for the second consecutive trading session.
At 10:30 ST, the barometer index, the S&P BSE Sensex, rallied 453.57 points or 0.57% to 81,035.83. The Nifty 50 index added 135.80 points or 0.55% to 24,851.25.
In the broader market, the S&P BSE Mid-Cap index rose 0.26% and the S&P BSE Small-Cap index added 0.23%.
The market breadth was strong. On the BSE, 2,315 shares rose and 1,403 shares fell. A total of 255 shares were unchanged.
GST Reforms:
The GST Council approved the significant rate cuts on several essential items. Effective from September 22nd, the new rates aim to boost consumption by shifting to a two-slab structure of 5% and 18%, abolishing the 12% and 28% rates. A special 40% GST slab has been introduced for super luxury and sin goods.
In a major relief to the automobile and two-wheeler sector, GST on small cars and motorcycles with engine capacity up to 350cc has been reduced from 28% to 18%, a move aimed at boosting demand in the mass mobility segment. Additionally, parts and accessories of motorcycles up to 350cc will now attract 18% GST instead of 28%.
On the other hand, the levy on premium motorcycles exceeding 350cc has been sharply raised from 28% to 40%, making high-end bikes costlier.
The GST Council exempted individual life and health insurance policies from the 18% Goods and Services Tax (GST).
Several fast-moving consumer goods (FMCG) currently taxed at 12% or 18% will now fall under the 5% bracket. Further, GST on tractors (except road tractors for semi-trailers above 1800cc) has been redcued to 5% from 12%. For road tractors with engines above 1800cc, the tax was lowered to 18% from 28%. Additionally, GST on tractor tyres and parts was slashed from 18% to 5%.
In education segment, the council reduced GST on pencils, crayons, pastels, drawing charcoal, chalk sticks, and tailor's chalk from 12% to nil. Exercise books, graph books, laboratory notebooks, and notebooks too have been exempted from GST, compared with 12% earlier. Additionally, boxes, pouches, wallets, and writing compendiums of paper or paperboard containing assorted stationery will now attract 5% GST instead of 12%.
Buzzing Index:
The Nifty Auto index rose 1.94% to 26,275.25. The index added 2.69% in the two trading session.
Mahindra & Mahindra (up 6.38%), Eicher Motors (up 2.93%), TVS Motor Company (up 1.81%), Samvardhana Motherson International (up 1.09%) and Balkrishna Industries (up 1.27%), Tata Motors (up 1.21%), Bajaj Auto (up 1.61%), Hero MotoCorp (up 1.36%), MRF (up 1.05%) and Bharat Forge (up 0.89%) added.
Stocks in Spotlight:
Bharat Heavy Electricals (BHEL) rose 0.46%. The company said it has accepted a letter of intent (LoI) worth about Rs 2,600 crore from MB Power (Madhya Pradesh) for the supply of key equipment for its 1x800 MW Anuppur thermal power project in Madhya Pradesh.
Angel One rose 0.91%. The firm announced that its client base jumped 26% to 33.57 million in August 2025, compared with 26.65 million in August 2024.
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