Sensex & Nifty Soar on GST Relief—Auto & Metal Stocks Fuel Massive Rally
Markets roar back as tax cuts ignite buying frenzy.
Auto and metal sectors lead the charge—investors pile in as regulatory clouds part.
Traders cheer the move while skeptics eye the next policy U-turn. Because in finance, today’s relief is tomorrow’s reversal.
Top gainers & losers intraday
Shares of M&M, Tata Motors, Eicher Motors, Bajaj Auto, JSW Steel and Tata Steel led the gainers of Nifty 50, while SBI Life, Nestle, Asian Paints, IndusInd Bank and TCS emerged as major laggards.
Hyundai and Tata Motors, among other auto majors, had announced price cuts, which has further lifted market sentiment. The policy support and positive corporate action have triggered strong buying interest, driving auto stocks higher.
As of 12:39 PM on September 8, 2025, market breadth remained firmly positive with 3,011 stocks traded, out of which 1,912 advanced, while 1,011 declined and 88 remained unchanged. A total of 100 stocks including ACME Solar, Ashok Leyland and JSW Steel touched a 52-week high, whereas 43 slipped to a 52-week low. Meanwhile, 124 stocks such as JP Powr and Sterlite Tech hit their upper circuit, signaling strong bullish momentum, while Zuari and 55 other stocks were locked in the lower circuit.
Midcap & smallcap movers
Under the midcap segment, Ola Electric, Bharat Forge, Aditya Birla Fashion & Retail, Ashok Leyland and SAIL climbed 4-6 per cent, while Supreme Industries, Persistent Systems, Colgate, Policy Bazaar and Waaree Energies dropped up to 2 per cent.
Smallcap stocks such as IDBI, First Cry, Kaynes, Aarti Industries and IIFL soared 3-5 per cent. Amber fell 4 per cent, and Godfrey Phillips, PVR Inox, Sagility and Lal Path Labs declined 2-3 per cent.
On the BSE, Paisalo, STL Tech, Cohance and Garware Hi-Tech rallied 7-10 per cent. On the losing side were Paradeep, Apollo, Amber, EID Parry and SpiceJet.
Published on September 8, 2025
Companies to follow- Mahindra & Mahindra Ltd
- Tata Motors Ltd
- Eicher Motors Ltd
- Bajaj Auto Ltd
- JSW Steel Ltd
- Tata Steel Ltd
- SBI Life Insurance Company Ltd
- Nestle India Ltd
- Asian Paints Ltd
- IndusInd Bank Ltd
- Tata Consultancy Services Ltd
