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SENSEX, NIFTY off day's highs; Doms Industries, M&M, Escorts Kubota among buzzing stocks
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4 min read | Updated on September 04, 2025, 12:44 IST
SUMMARY
Shares of Doms Industries witnessed heavier than usual trading volumes as trading volume spiked by 45 times to 16.66 lakh shares against an average trading volume of 37,022 shares on the National Stock Exchange.
Trading volume in Escorts Kubota shares spiked by 15 times to 18.77 lakh shares against an average trading volume of 1.22 lakh shares. Image: Shutterstock
The Indian equity benchmarks came off intraday highs in noon deals on the back of weakness in heavyweights like Reliance Industries, Infosys, Eternal, Maruti Suzuki and HCL Technologies. Earlier in the day, benchmarks staged a gap-up opening following the overhaul of Goods and Services Tax (GST) regime.
The SENSEX rose as much as 889 points at the day's highest level and NIFTY50 index touched an intraday high of 24,980.75. As of 12:37 pm, the SENSEX was up 252 points at 80,820 and NIFTY50 index advanced 86 points to 24,801.
Shares of Doms Industries witnessed heavier than usual trading volumes as trading volume spiked by 45 times to 16.66 lakh shares against an average trading volume of 37,022 shares on the National Stock Exchange.
On the BSE, as many as 89,000 shares changed hands compared with an average of 2,459 shares traded daily in the past two weeks.
The auto sector, which is undergoing a structural slowdown, is likely to benefit the most from the new GST rates approved by the GST Council.
Shares of Samvardhana Motherson were trading 0.12% higher at ₹96.62 apiece on the NSE, and Sandhar Technologies was up 0.36% at ₹471.15. Sona BLW Precision Forgings was trading 0.42% higher at ₹451.90 on the NSE. Meanwhile, auto components and equipment firm Bosch was trading at ₹41,305 apiece, rising 0.43%.
As part of the reforms of the Goods and Services Tax (GST), the council increased the rate on carbonated beverages of fruit drinks or carbonated beverages with fruit juice to 40% from 28%.
The council also hiked the GST rate on caffeinated beverages to 40% from 28%.
Sectors such as automobile, FMCG, and insurance, among others, are expected to gain significantly from the GST changes.
Besides, one of the companies that stands to benefit massively from the reforms is Bajaj Finance, analysts said.
Bajaj Finance offers a broad product suite encompassing consumer loans (personal loans, home loans, gold loans, and consumer durable loans), business and professional loans, and financing for specific needs like used cars and medical equipment.
Trading volume in Escorts Kubota shares spiked by 15 times to 18.77 lakh shares against an average trading volume of 1.22 lakh shares.
On the BSE, as many as 88,000 shares changed hands compared with an average of 5,673 shares traded daily in the past two weeks.
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