Domestic benchmark indices and gained on the back of relief measures and hopes of a US Federal Reserve rate cut.
After rising above 390 pts, Sensex traded 361.83 pts or 0.45 per cent higher at 81,072.59 as at 12.58 pm. Nifty 50 increased by 116.75 pts or 0.47 per cent to 24,857.75.
The momentum was led by auto and metal stocks, with Tata Motors, Tata Steel, and JSW Steel advancing sharply, reflecting improved investor sentiment and broad-based buying across segments.
The midcap index outperformed smallcap. On the sectoral front, auto index increased by 3 per cent. Realty, metal and banking indices followed with 1 per cent gains. Meanwhile, IT, consumer durables and healthcare indexes dipped.
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.