Morning Market Report – 5th Sept 2025
Global & Domestic Setup
Gift Nifty up 0.2%, signaling a positive start.
US markets closed at record highs (+1%) as softer labor data reinforced Fed rate cut hopes; payroll data today is key.
Asia opened higher; Japan +1% after Trump cut tariffs on autos to 15%.
Europe +0.5% as bond markets stabilized.
Gold at $3550/oz (near highs, slight profit booking).
Brent crude -1% at $67/bbl on supply hike expectations and higher inventories.
Domestic Market Snapshot (Previous Session)
Nifty closed 24,734 (+19 pts) after 24,980 intraday high. Sensex +150 pts at 80,718.
Gains capped by profit booking and FII selling (₹106 cr sold; DIIs bought ₹2233 cr).
GST cut beneficiaries—auto, FMCG, hotels, durables—slipped from day highs.
Key Themes Today
GST Reforms:
Rate cuts (28%→18%, 12%→5%) support consumption growth.
QSR stocks (Deviyani, Sapphire) gain from nil GST on bread/paneer items.
Drone makers (Idea Forge, Bharat Forge defense arm) benefit from 5% GST cut.
Long-term positive for India’s middle-class consumption economy.
Sectors:
Positive bias: FMCG, auto, cement, consumer durables, defense.
Weak bias: Infra, new-age tech.
Flows: FIIs net sellers for 8th day, holding 92% shorts—cap on near-term upside.
Stocks to Watch
Momentum long: Sapphire Foods,