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EquityWireEquity Alert: Indices may rise Tue, but gains seen capped on growth concerns
Equity Alert

Indices may rise Tue, but gains seen capped on growth concerns

This story was originally published at 08:11 IST on 2 September 2025
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Informist, Tuesday, Sept. 2, 2025                                      Tel +91 (22) 6985-4000


Equity Alert: Indices may rise Tue, but gains seen capped on growth concerns

 

MUMBAI--0751 IST--Benchmark indices are likely to gain more Tuesday as market participants are expected to buy stocks after a nearly 2?ll last week. However, gains are likely to be capped amid concerns over economic growth and the impact of the US tariffs. Gains on Tuesday are expected to be modest, and investors may take the opportunity to book profits if markets rise, as indices have already rebounded slightly from last week's slump, posting 0.7–0.8% gains Monday.

 

The September futures contract of the GIFT Nifty suggests a positive start for the Nifty 50 Tuesday. At 0750 IST, the contract was trading at 24741.50 points, unchanged from the previous close and 0.5% higher than the Nifty 50's close Monday. Analysts expect the Nifty 50 to face resistance at 24800-24850 points while immediate support is expected at 24300-24500 points.

 

The stronger-than-expected GDP growth in the June quarter has raised some hope that the Indian economy may manage to top expectations on growth despite tariffs by the US. However, some analysts said the June quarter GDP growth was driven by front-loading of exports and spending by the government, and it would be difficult to maintain this growth in the coming quarters.

 

Cues from Asian markets were mixed, with indices in China and Hong Kong slightly down while those in Japan, South Korea, and Taiwan were up. Indices in China were down after three days of gains amid the Shanghai Cooperation Organisation summit, which concluded Monday. The summit was in focus as major world leaders, including Russia's Vladimir Putin and Indian Prime Minister Narendra Modi, attended the event in China. Equity markets in the US were closed Monday on account of Labor Day.

 

Foreign investors are expected to temper their flows into Indian equities, especially at a time of volatility in the rupee. On Monday, the currency hit a record intraday low of INR 88.33 a dollar and closed at INR 88.20. The falling rupee is also expected to drive away foreign investors who have already created "extreme" short positions in domestic equities, analysts said. Foreign portfolio investors, who sold shares worth INR 17 billion Monday, are expected to continue to sell Indian stocks.  (Anshul Choudhary)


Equity Alert: Most Asian indices rise post selloff on Mon; Kospi top gainer

 

MUMBAI--0742 IST--Most Asian indices were up in early trade Tuesday as investors focused on a meeting of the Shanghai Cooperation Organisation, which will be attended by Prime Minister Narendra Modi too. Tariff-related uncertainty continues to weigh on sentiment after a US federal appeals court last week ruled that most of President Donald Trump's global tariffs were illegal. The US market was shut Monday on account of Labor Day. 

 

South Korea's Kospi was up 0.7%, the top gainer in the region. The country's consumer price index rose 1.7% on year in August, slower than the 2.1% rise the month before. This marks its slowest year-on-year rise since November and is slightly lower than the 2% rise forecast by Reuters. Investors were bargain-hunting for semiconductor and technology stocks after a sell-off in the previous session, The Korea Herald reported. The sell-off was after reports that China's Alibaba had developed a new artificial intelligence chip. Samsung Electronics, SK Hynix, and Naver were up 1-5%. 

 

Japan's Nikkei 225 and Topix were up 0.5% and 0.6%, respectively. Japan's 10-year government bond auction later in the day will be a gauge for investor appetite amid growing expectations of a rate hike by the Bank of Japan, NDTV Profit reported. 

 

Following were the levels of key Asian indices at 0738 IST:

 

INDEX

    LEVEL

   CHANGE IN %

CSI 300 Index

4525.0363

0.03

Hang Seng Index

25596.87

(-)0.08

Nikkei 225 Day 

42395.04

0.49

TOPIX FIRST SECTION

3081.12

0.59

KOSPI

3163.88

0.67

FTSE Singapore Strait Times 

4284.54

0.20

S&P/ASX 200 Index

8920.90

(-)0.08

 

(Akash Mandal)

 

US$1 = INR 88.20

 

End

 

Edited by Subhojit Sarkar

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

NSE: National Stock Exchange

NYSE: New York Stock Exchange

NYMEX: New York Mercantile Exchange

SEBI: Securities and Exchange Board of India

RBI: Reserve Bank of India

 

Internet links:

Securities and Exchange Board of India - http://www.sebi.gov.in

Bombay Stock Exchange - http://www.bseindia.com

National Stock Exchange of India - http://www.nseindia.com

Directory of Indian government websites - http://goidirectory.nic.in

Indian Ministry of Finance - http://www.finmin.nic.in

Reserve Bank of India - http://rbi.org.in

Controller General of Accounts, Government of India - http://www.cga.nic.in

Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

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