HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Sensex, Nifty trade flat with positive bias in early deals
Jul-30-2025

Indian equity benchmarks made a positive start on Wednesday but soon markets trimmed their gains and were trading flat with positive bias in early deals as investors await progress in trade talks with the United States. As per a report, the US team will visit India on August 25 for the next round of negotiations for the proposed bilateral trade agreement between the two countries. Investors turned cautious after US President Donald Trump said India may be hit with a tariff rate of 20% to 25%. Relentless selling by foreign portfolio investors (FPIs) further dampened market sentiments. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,636.60 crore on Tuesday, according to exchange data. 

On the global front, Asian markets were trading mixed after the U.S. and China ended two days of 'constructive' talks in Stockholm without any breakthrough. Also, traders were looking ahead to the US Fed's monetary policy announcement later in the day. The Fed is expected to leave interest rates unchanged, and traders will keep a keen eye on the accompanying statement that could provide insight on the outlook for rates. 

Back home, in stock specific development, Larsen & Toubro jumped after the infrastructure major reported a 29.8 per cent rise in consolidated net profit at Rs 3,617.19 crore during the June quarter, driven by strong overseas order growth.

The BSE Sensex is currently trading at 81364.37, up by 26.42 points or 0.03% after trading in a range of 81313.25 and 81618.96. There were 12 stocks advancing against 18 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index fell 0.13%, while Small cap index was up by 0.17%.

The top gaining sectoral indices on the BSE were Industrials up by 1.03%, Basic Materials up by 0.31%, Telecom up by 0.17%, Utilities up by 0.08% and TECK up by 0.07%, while Oil & Gas down by 0.73%, Auto down by 0.72%, Energy down by 0.63%, Realty down by 0.44% and Consumer Disc down by 0.38% were the top losing indices on BSE.

The top gainers on the Sensex were Larsen & Toubro up by 4.37%, Asian Paints up by 1.05%, Bharti Airtel up by 0.93%, NTPC up by 0.87% and Ultratech Cement up by 0.62%. On the flip side, Tata Motors down by 3.49%, Eternal down by 1.42%, ITC down by 0.58%, Hindustan Unilever down by 0.45% and Reliance Industries down by 0.44% were the top losers.

Meanwhile, citing improved external environment, the International Monetary Fund (IMF) in its July World Economic Outlook Update has revised slightly upward India’s economic growth forecast to 6.4 percent for 2025. Earlier in its April 2025 World Economic Outlook, IMF had projected India’s Gross Domestic Product (GDP) growth at 6.2 percent for 2025. It said that the revision in growth projection reflects a more benign external environment than assumed in the April reference forecast.

Similarly, the agency has revised upward the country’s economic growth forecast at 6.4 percent for 2026 from earlier forecast of 6.3 percent. It noted that the country’s growth projections for 2026 based on financial year data. Based on the IMF projections, India is expected to record the highest growth rate among advanced economies and emerging markets and developing ones over the current and next fiscal year.

The IMF has also modestly raised its global growth outlook to 3.0 percent in 2025 and 3.1 percent in 2026, citing lower-than-expected impact from tariffs, a weaker US dollar, and improved financial conditions. China is forecast to grow at 4.8 percent in 2025 and 4.2 percent in 2026, while the US is expected to expand 1.9 percent in 2025 and 2.0 percent in 2026.

The CNX Nifty is currently trading at 24832.45, up by 11.35 points or 0.05% after trading in a range of 24813.90 and 24892.05. There were 23 stocks advancing against 27 stocks declining on the index.

The top gainers on Nifty were Larsen & Toubro up by 4.37%, Asian Paints up by 1.04%, Tata Consumer Products up by 1.03%, NTPC up by 0.93% and Grasim Industries up by 0.82%. On the flip side, Tata Motors down by 3.53%, Dr. Reddy's Lab down by 1.48%, Eternal down by 1.44%, Coal India down by 0.76% and Shriram Finance down by 0.68% were the top losers.

Asian markets are trading mixed; Hang Seng slipped 128.45 points or 0.51% to 25,396.00, Jakarta Composite declined 42.38 points or 0.56% to 7,575.53, Straits Times fell 15.35 points or 0.36% to 4,214.06 and Nikkei 225 was down by 2.55 points or 0.01% to 40,672.00. On the other hand, Taiwan Weighted surged 158.70 points or 0.68% to 23,360.22, KOSPI rose 37.59 points or 1.16% to 3,268.16 and Shanghai Composite was up by 18.82 points or 0.52% to 3,628.53.

  RELATED NEWS >>