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Research Periodic Report Godrej Consumer Slips on GST Impact; Saatvik Surges on Fresh Orders; Gold Imports Seen Rising with ETF Inflows

Godrej Consumer Slips on GST Impact; Saatvik Surges on Fresh Orders; Gold Imports Seen Rising with ETF Inflows

Written by - Fisdom Research

October 8, 2025 2 minutes

Market Snapshot

  • Equity benchmarks opened the week on a firm note, with the Nifty 50 closing above 25,000, marking its third straight session of gains.
  • Buying interest was led by IT and financial stocks, which drove the market higher.
  • The Nifty IT index gained 2 percent, while healthcare and private banks advanced 1 percent and 1.2 percent, respectively.
  • Oil & gas and PSU bank indices also ended higher, adding 0.7 percent and 0.4 percent.
  • On the flip side, metal, media, and FMCG stocks saw mild profit-booking, declining in the range of 0.3–0.9 percent.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY IT 1.5 NIFTY HEALTHCARE INDEX -0.5
NIFTY CONSUMER DURABLES 0.7 NIFTY FMCG -0.5
NIFTY METAL -0.2 NIFTY PHARMA -0.8
NIFTY PRIVATE BANK -0.3 NIFTY PSU BANK -0.8

Top News

  • Godrej Consumer Products fell nearly 3% to a six-month low after its Q2 FY26 update indicated that recent GST rate cuts led to short-term disruptions in trade channels, impacting growth and profitability.
  • Saatvik Green Energy rose over 2% to a 52-week high after securing orders worth ₹707 crore, including ₹219.6 crore for solar PV module supplies from major independent power producers.
  • Gold imports are expected to rise amid higher ETF inflows, supporting global prices at record highs, though potentially widening India’s trade deficit and pressuring the rupee.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
TITAN 4.3 TATAMOTORS -2.5
INFY 2.3 M&M -1.9
TCS 1.9 JIOFIN -1.7

Technical Outlook: Key Indices

Indices Name Support Resistance
Nifty 24,900 25,200
Bank Nifty 55,500 56,500
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