HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets pare some gains; trade well above unchanged lines
Aug-19-2025

Indian equity markets pared some gains but continued to trade well above the unchanged lines in afternoon session. Investors remained optimistic about country’s economic outlook after the rating agency ICRA said that Indian economy is expected to grow at 6.7% in April-June period of current fiscal, higher than 6.5% a year ago. This projection also outpaces the RBI's Monetary Policy Committee's (MPC's) forecast of 6.5% growth in the June quarter. Meanwhile, Auto stocks showed significant up-move with BSE Auto index surging 1.42%, benefited after China reportedly agreed to ease restrictions on supply of rare earth minerals to India. Textile stocks also showed considerable strength after government removed duty on cotton import.

On the global front, Asian equity markets were trading mostly in red as investors awaited keynote speeches from top central bankers, including Fed Chair Jerome Powell for signals on the path of interest rates. All European equity markets were trading higher amid optimism over a peace deal between Russia and Ukraine.

The BSE Sensex is currently trading at 81590.28, up by 316.53 points or 0.39% after trading in a range of 81315.44 and 81755.88. There were 18 stocks advancing against 12 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index gained 0.74%, while Small cap index was up by 0.83%.

The top gaining sectoral indices on the BSE were Oil & Gas up by 1.45%, Auto up by 1.42%, Energy up by 1.41%, Consumer Discretionary up by 1.10% and Telecom up by 0.79%. Meanwhile, there were no losers on BSE sectoral index.

The top gainers on the Sensex were Tata Motors up by 3.47%, Reliance Industries up by 2.60%, Adani Ports & SEZ up by 2.46%, Eternal up by 1.78% and Tech Mahindra up by 1.44%. On the flip side, Bajaj Finserv down by 1.44%, Power Grid Corporation down by 0.83%, Bajaj Finance down by 0.81%, Bharat Electronics down by 0.77% and Mahindra & Mahindra down by 0.70% were the top losers.

Meanwhile, the Reserve Bank of India (RBI) in its latest survey of foreign liabilities and assets of the mutual funds (MFs) has showed that foreign liabilities of MFs increased by 19.9 per cent during 2024-25 to $30.5 billion (at market value) in March 2025, due to the rise in units issued to non-residents. Further, overseas assets of MFs declined by 5.6 per cent and stood at $8.3 billion in March 2025, due to lower holdings of foreign equity securities. 

As a result, the net foreign liabilities of MFs increased to $22.2 billion in March 2025 from $16.6 billion a year ago. Non-residents of United Arab Emirates (UAE), the United States of America (USA), the United Kingdom (UK) and Singapore held the largest share in MF units, both in terms of face value as well as at market value. Over 95 per cent of the overseas equity investments of the MFs were concentrated in the USA, Luxembourg, and Ireland.

As per the report, foreign liabilities of AMCs increased by 16.8 per cent and stood at $7.5 billion in March 2025, on the back of higher inward direct investments. Residents in Japan, Canada and the UK together accounted for over 83 per cent of FDI among Indian AMCs. The overseas assets of AMCs increased marginally from their previous year’s level and were largely held in Guernsey, Singapore and Mauritius.

The CNX Nifty is currently trading at 24979.55, up by 102.60 points or 0.41% after trading in a range of 24873.95 and 25012.65. There were 29 stocks advancing against 21 stocks declining on the index.

The top gainers on Nifty were Tata Motors up by 3.45%, Bajaj Auto up by 3.04%, Hero MotoCorp up by 2.96%, Reliance Industries up by 2.58% and Adani Ports & SEZ up by 2.46%. On the flip side, Dr. Reddy's Laboratories down by 1.38%, Bajaj Finserv down by 1.33%, Grasim Industries down by 0.98%, Hindalco down by 0.93% and Bharat Electronics down by 0.78% were the top losers.

Asian equity markets were trading mostly in red; Nikkei 225 slipped 116.31 points or 0.27% to 43,598.00, Hang Seng declined 80.85 points or 0.32% to 25,096.00, Taiwan Weighted lost 129.02 points or 0.53% to 24,353.50, Jakarta Composite plunged 34 points or 0.43% to 7,864.38, KOSPI dropped 25.72 points or 0.82% to 3,151.56 and Shanghai Composite weakened 0.74 points or 0.02% to 3,727.29, while Straits Times rose 28.92 points or 0.69% to 4,216.30.

All European equity markets were trading higher; UK’s FTSE 100 increased 20.51 points or 0.22% to 9,178.25, France’s CAC rose 63.15 points or 0.8% to 7,947.20 and Germany’s DAX gained 86.03 points or 0.35% to 24,400.80.

  RELATED NEWS >>