Mumbai, Sept. 2 -- The key equity indices ended with moderate cuts today, despite upbeat GST collection in August. After a firm start, market mood turned cautious as profit booking and weekly expiry of F&O contract weighed on sentiment. Investors will closely monitor GST council meeting, developments on U.S. tariff measures, FII outcome. The Nifty opened on a positive note above the 24,650 mark, hit an intraday high of 24,756.10, but eventually surrendered all gains to close below the 24,600 level.

FMCG, media and metal shares advanced while private bank, auto and pharma stocks declined.

As per provisional closing data, the barometer index, the S&P BSE Sensex declined 206.61 points or 0.26% to 80,157.88. The Nifty 50 index dropped 45.45...