Nifty Indices Trade Higher; IT and Midcap Drive Gains on Strong GDP

Mumbai, September 1, 2025: Major equity indices opened on a strong note on Monday, driven by developments and updates received over the weekend. According to the National Statistics Office, the Indian economy expanded by 7.8% in the April-June quarter, which is not only higher than expected but also the fastest growth rate in the past five quarters. The service sector expanded by 9.3%, leading the quarter’s growth, whereas the manufacturing sector also demonstrated a high growth rate of 7.7% during the period.

The stock market and equity indices also responded positively on Monday morning. The Nifty 50 stood at 24,526.60, higher by 99.75 points or 0.41 percent, while 15 of 16 major NSE sectoral indices were trading in positive territory. The IT Index and the midcap index outshone other indices on Monday morning.

Nifty IT Index Gains 1.32% as Infosys, TCS, and Tech Mahindra Lead Rally on Fed Rate Cut Hopes

The Nifty IT index gained 1.32% to 35,644.65, with all 10 stocks advancing. Infosys led with a 1.85% rise, while Tech Mahindra, TCS, Coforge, Persistent Systems, and OFSS gained between 1–1.7%. The rally followed supportive global cues, as US inflation data met expectations, boosting hopes for a Fed rate cut.

Nifty Midcap Select Jumps 1.53% with Dixon Technologies and Max Healthcare Rising up to 3.9% After Weeks of Weakness

The Nifty Midcap Select rose 1.53% to 12,640.75, with 24 advances against one decline. BSE, Dixon Technologies, and Max Healthcare led gains, rising 2.4–3.9%, while BHEL and Vodafone Idea also added over 2%. The rebound came after two weeks of underperformance in small- and mid-cap stocks.

Market Sentiment Strengthens as 15 of 16 Sectoral Indices Trade Higher Following Strong GDP and Global Liquidity Support

Besides the GDP update, the overall optimism surrounding global liquidity and improving mid-cap traction helped create a favourable environment for Indian equities. The breadth was decisively positive, with gains spread across most sectors, reinforcing investor confidence at the start of the week.

With a 7.8% G͏DP expansion ͏a͏nd br͏oad-ba͏sed͏ sec͏toral stren͏gt͏h͏, Indi͏an͏ e͏quities e͏ntered͏ September on a͏n u͏pb͏eat note. T͏he surge in IT and midcap indices, couple͏d w͏it͏h͏ positive global liquidity tre͏n͏ds, li͏f͏ted͏ market se͏ntiment. ͏As 15 of 16 sec͏toral ind͏i͏ces tra͏ded͏ higher, investors gained renew͏ed ͏co͏nfi͏den͏ce, se͏tting th͏e sta͏ge for ͏s͏ustained mome͏ntum in the coming ͏se͏s͏sions.

REF:https://www.nseindia.com/market-data/live-equity-market?symbol=NIFTY MIDCAP SELECT

https://www.nseindia.com/market-data/live-equity-market?symbol=NIFTY IT

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