Stock Market Update on September 1: Nifty signifies potential increase at market opening for Nifty 50, as Q1 GDP data may potentially halt the decline.
The stock market is open today, September 1, and the focus is on the upcoming day's performance. Here's a round-up of some key developments:
Stock Market Highlights
- The Nifty 50 is expected to have a gap up opening, indicating a positive start to the trading day.
- ITC, a footwear stock from the BSE 500, has set a final payout record date. Gaurang Shah is currently discussing strategies related to ITC, with the ITC share price target for 2025 under discussion.
- In a separate development, NSDL has set a record date for 100% dividend payment.
- The stock market outlook is also being influenced by the discussion about the monthly MF SIP versus a lump sum investment of Rs 10 lakh.
Economic Indicators
- The first quarter GDP data is expected to be released today, but it remains unclear if this data is expected to arrest the fall in the stock market.
- Unfortunately, the context does not provide any forecast for the overall performance of the stock market today or any information about the global market performance.
Sector-specific Developments
- In the pharmaceutical sector, the price of LPG cylinders is set to decrease from today.
- No specific stock or sector is identified as expected to perform well in today's trading.
Other Developments
- The GST Council has not been specified in the context provided. Similarly, the participants of the GST council meeting on the topic of GIFT Nifty on September 1, 2025, have not been publicly disclosed.
- The latest Business News is available on ET Now.
- It's worth noting that the context does not provide information about the performance of Nifty 50 in the previous days.
- In the case of Delhivery, the share price target has a SELL rating with three reasons given.
Stay tuned for more updates as the day progresses. Keep an eye on the stock market and make informed decisions based on the latest news and trends.
