Time-based analysis signals Sept 10 as high-momentum date, Harshubh Shah
After a sharp 2% fall in the previous week, the markets staged a strong comeback. The rebound was supported by better-than-expected GDP data and the GST Council’s move to simplify the tax structure into dual slabs of 5% and 18%, which lifted investor sentiment.
The Nifty50 gained over 1% in the week ended September 5, closing firmly above the 100-day EMA, a key technical support. Broader markets also extended their momentum, with the Midcap and Smallcap indices advancing 2–3%, underlining continued strong participation beyond frontline stocks.
Foreign investors, however, remained cautious. FIIs continued to be net cash sellers, offloading equities worth ₹4,361.99 crore between September 1 and September 4, 2025.
