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Capital Investo Research

8th Sep · SEBI-Registered Analyst

Sensex leaps over 300 points, Nifty climbs past 24,850; Auto and Metal counters shine; Gold prices hover near all-time highs

Indian benchmark indices, Sensex and Nifty, began Monday’s session on a strong note, buoyed by optimism following the GST Council’s sweeping tax reductions. Meanwhile, softer U.S. labor market data reinforced hopes of an imminent Federal Reserve rate cut. Market Mood Nifty’s sectoral gauges traded predominantly in the green, with Auto, Metal, and Realty outperforming, while IT emerged as the sole notable laggard. Overall, broader market sentiment stayed upbeat as most sectors posted incremental gains. Key Trades of the Day MosChip Tech surged 8%, extending its winning streak to 7 sessions — what’s fueling the momentum?

ADANIPOWER
r advanced 5% after signing a JV for a 570 MW hydropower project in Bhutan. Vikram Solar jumped 7% on securing a 336 MW module supply order from L&T.
NETWEB
skyrocketed 50% in just 6 sessions to scale a record peak — 4 factors driving the rally. Global Market Snapshot The Stoxx Europe 600 edged up 0.3% as of 8:34 a.m. London time. S&P 500 futures added 0.2%. Nasdaq 100 futures climbed 0.3%. Dow Jones Industrial Average futures inched up 0.1%. The MSCI Asia Pacific Index gained 0.7%. The MSCI Emerging Markets Index also rose 0.7%.

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