This morning, benchmark indices Nifty and Sensex opened on a positive note, tracking a rally in global markets. While the Sensex opened at 81,501 (Previous Close: 81,306), Nifty50 opened at 24,949 (Previous Close: 24,870).
Source: Tradingview
Source: Tradingview
Even the midcap and small indices showed a positive trajectory. Additionally, some sectoral indices such as Nifty IT index, surged over 2%.
Let’s have a look at the top gainers and losers today.
Top 3 Gainers:
Company Name | Previous Close (₹) | Opening Price (₹) | Last Traded Price (LTP)(₹) | % Change |
RELIABLE DATA SERVICES | 94.50 | 97.00 | 113.40 | 20.00% |
AARON INDUSTRIES | 215.60 | 230.00 | 251.60 | 17.02% |
EMAMI PAPER MILLS | 97.10 | 103.19 | 113.44 | 16.83% |
Source: NSE
Top 3 Losers:
Company Name | Previous Close (₹) | Opening Price (₹) | Last Traded Price (LTP) (₹) | % Change |
WONDER ELECTRICALS | 144.25 | 141.75 | 131.80 | -8.63% |
LLOYDS
ENTERPRISE |
32.97 | 26.35 | 30.16 | -8.52% |
AFFORDABLE ROBOTIC AND AUTOMATION | 398.70 | 398.70 | 367.00 | -7.95% |
Source: NSE
But what are the recent developments that helped the market take the positive route?
- Jerome Powell’s rate cut indication in September: US Federal Reserve Chairman Jerome Powell on Friday, signalled that the economy may observe a rate cut in September, as it witnesses a weak job market, while also showing signs of inflation in the future.
These anticipated rate cuts are expected to boost global liquidity, which could positively impact emerging markets like India. US Fed rate cuts could weaken the US Dollar, and thus, benefit Indian markets. Investors could direct their investments into the Indian economy, expectations of which have boosted the Indian stock market today. - GST 2.0 reforms in place: On 15th August, 2025, Prime Minister Narendra Modi announced simplification of GST into two slabs – 5% and 18% instead of the previously regulated four slabs (5%, 12%, 18% and 28%). This has fueled optimism in the Indian stock markets as it provides major relief in taxation to corporates.
Over the past week, markets have taken a positive course, with positive expectations on inflation and consumption. This can also be seen in the rally today.
- Strong market sentiment amidst global cues: Asian stock markets, in general, are showing optimism ahead of Nvidia’s earnings and the current US inflation situation, enhancing confidence in tech and growth stocks.
A positive earnings report by Nvidia could boost investors’ confidence in AI and tech-related stocks. This could, in turn, improve inflows into Indian tech-related industries, thereby leading to an overall bullish outlook.
This is spilling over into Indian IT and broader markets.
All of the above factors, coupled with a relatively positive investor sentiment, are leading to the rally in the Indian stock market today. However, investors are still cautious regarding the unclear tariff implications imposed by US President Donald Trump.
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