Nifty Holds Above 24,800 on Sep 8; Auto and Metal Stocks Lead the Rally

At 10:00 AM, the Nifty 50 index was trading at 24,809.80, up 68.80 points (0.28%), reflecting cautious optimism in early trade. Broader market sentiment leaned positive, with most sectoral indices in the green, led by strong rallies in Auto and Metal stocks.

Sectoral Performance: Auto and Metal Outperform

• Nifty Metal: Up 1.1%, amid expectations of improving domestic demand and rising steel prices.
• Nifty Auto: Gained 1.03%, amid hopes of the onset of an auto upcycle.
• Nifty Realty: Rose 0.75%, while Nifty IT added 0.51%.
• Other indices, including Pharma, FMCG, PSU Bank, Energy, Infra, and Media, posted modest gains ranging from 0.07% to 0.40%, suggesting a broadly positive market breadth.

Global and Policy Backdrop

While domestic cues remain encouraging, external uncertainties persist. The ongoing US–India trade discussions remain a key watchpoint.

US President Donald Trump’s assurance of “special US-India ties” provided some relief to investors, but concerns linger over Washington’s stance on Russia sanctions and advisor Peter Navarro’s critical remarks on India.

These geopolitical headwinds could weigh on market sentiment in the near term.

Nifty 50 Top Gainers

As per exchange data, the major gainers in Nifty were:

Nifty 50 Top Losers

On the downside, select heavyweights were under pressure:

Stocks Trading Ex-Dividend Today Ahead of Record Date on September 9

Several companies are trading ex-dividend today, September 8, 2025, as tomorrow marks their record date for dividend and corporate action eligibility. This means that investors buying these stocks today onwards will not be eligible for the upcoming dividend, bonus, or split benefits.

To receive the announced benefits, shareholders must already hold these stocks in their demat account by the end of trading on September 7, 2025.

Among the notable names:

• Birla Corporation Ltd is offering a hefty ₹10 per share final dividend.
• Steel Authority of India Ltd (SAIL) has announced a ₹1.6 per share final dividend.
• RBL Bank Ltd will reward its shareholders with a ₹1 per share dividend.

Read More: Hyundai Share Price in Focus; Announces Price Cuts Following GST Reforms: Check Model Wise Details.

Conclusion

The Nifty’s resilience above 24,800 reflects a constructive market undertone, with Auto and Metal sectors driving momentum. While domestic triggers like sector-specific upgrades are fueling optimism, investors remain watchful of global developments, particularly US–India trade ties and geopolitical uncertainties, which could sway market direction as the day progresses.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.