Stocks market today, Sept. 5 -- Indian stocks retraced early gains on Friday as profit-taking in consumer shares and a decline in information technology offset a surge in the automotive sector following tax reductions.

The NSE Nifty 50 slid 0.03% to 24,724.1, while the BSE Sensex decreased 0.13% to 80,608.99 at 10:32 a.m. IST. Both indices had previously risen by 0.3% at their peak during the trading session.

Indian stock markets continued their positive momentum on Friday's early trade, starting with a strong opening fueled by optimism regarding the newly implemented GST 2.0 reforms. Investors are hopeful that the new tax simplification measures will bolster overall consumption in the economy, driving growth in the upcoming quarters. ...