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Strong Q1 GDP Numbers Drive Markets Higher
Financial Express Kolkata
|September 02, 2025
Indices Snap 3-Day Losing Streak; Investors Richer by ₹5.2L Cr
The better-than-expected GDP growth in the April-June quarter drove the benchmark indices higher on Monday, snapping a three-day losing streak. The sentiment also turned bullish as the manufacturing sector gained strong momentum, with the HSBC India Manufacturing Purchasing Managers' Index rising to 59.3 in August—the highest level in over 17 years.
The Sensex surged 554.84 points, or 0.70%, to close at 80,364.49, while the Nifty gained 198.20 points, or 0.81%, ending the day at 24,625.05. Both the indices had lost over 2% each in the previous three sessions due to the impact of the additional 25% US import tariff.
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