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Below the Perspective on Markets 05th September 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital

"Equity benchmarks closed on a muted note Friday after a volatile session, though they still posted weekly gains. The Sensex ended 7 points lower at 80,711, while the Nifty 50 edged up 7 points to 24,741. The Bank Nifty gained 39 points to 54,115, and the Midcap index rose 116 points to 57,075, extending its recent rally.

 Autos and metals led the advance with Mahindra & Mahindra, Eicher Motors and Tata Steel among the top gainers. The Nifty Auto index rose 1.2%, while metals and media stocks also ended higher. IT stocks were the biggest drag, down 1.5% amid weakness in Infosys, HCLTech and Wipro. FMCG and realty also slipped, with ITC, Varun Beverages and Godrej Properties among key losers. In the midcap space, Vodafone Idea surged 10%, BSE Ltd rallied 5%, and Indus Towers climbed 4% after promoter stake buying.

 Amid policy watch, GST developments and trade cues kept sentiment cautious. A market participant noted, “While generics have been exempted from EU tariffs, the possibility of the US revisiting its stance cannot be ruled out, especially under Trump’s renewed focus on India."

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