Mumbai, Sept. 4 -- The domestic equity benchmarks ended with minor gains today, after the government cut taxes on several goods as part of a major GST overhaul. The move aims to boost consumer spending ahead of the festive season and ease the impact of high U.S. tariffs, among other factors. Market participants' focus on GST reforms announced by the GST Council eclipsed the impact of the weekly expiry of Sensex F&O contracts.

The Nifty settled above the 24,700 level. Auto, financial services and FMCG shares advanced while PSU bank, oil & gas and IT shares declined.

As per provisional closing data, the barometer index, the S&P BSE Sensex added 150.30 points or 0.19% to 80,718.01. The Nifty 50 index rose 19.25 points or 0.08% to 24,734.3...