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EQUITY
Key gauges end higher for 4th day in a row
Aug-19-2025

Rising for the fourth consecutive day, Indian equity benchmarks ended around half percent higher on Tuesday following gains in Oil & Gas, Energy and Auto stocks amid prevailing optimism over sweeping GST reforms and easing geopolitical worries.  

Some of the important factors in today’s trade:

Govt reduces debt burden over last five years: Finance Minister Nirmala Sitharaman has said that the government reduced its debt burden over the last five years and the fiscal deficit targets are being aligned to reduce it further in the coming years. She noted that the government has steadily reduced the debt over the years from 61.4 per cent of GDP in 2020-21, after the Covid-19 pandemic, to 56.1 per cent of GDP in the Budget Estimate for 2025-26. 

Commerce & Industry Ministry mulling further FDI regime easing, more tax benefits for startups: The commerce and industry ministry is reportedly working on a 100-day reforms agenda which may include proposals such as further liberalising FDI regime, easing investments from neighbouring countries, and more tax benefits for start-ups.

Rupee gains against US Dollar on GST optimism: Indian rupee appreciated against the US dollar, supported by optimism over GST restructuring and positive domestic equity markets. Easing worries over additional tariffs by the US also boosted market sentiments. 

Telecom stocks in watch: Crisil Ratings in its latest report has said that the operating profit of telecom companies in India is expected to grow 12-14 per cent to about Rs 1.55 lakh crore this fiscal (FY26), driven by more data consumption and rise in average revenue per user (ARPU). 

Global front: European markets were trading higher as investors weighed the possibility of a peace deal between Russia and Ukraine. Asian markets settled mostly down as investors awaited keynote speeches from top central bankers, including Fed Chair Jerome Powell for signals on the path of interest rates.

Finally, the BSE Sensex rose 370.64 points or 0.46% to 81,644.39 and the CNX Nifty was up by 103.70 points or 0.42% to 24,980.65. 

The BSE Sensex touched high and low of 81,755.88 and 81,315.44 respectively. There were 19 stocks advancing against 11 stocks declining on the index.  

The broader indices ended in green; the BSE Mid cap index rose 0.97%, while Small cap index was up by 0.97%.

The top gaining sectoral indices on the BSE were Oil & Gas up by 1.49%, Energy up by 1.48%, Auto up by 1.45%, Consumer discretionary up by 1.25% and Telecom up by 1.04%, while there were no losing sectoral indices on the BSE. 

The top gainers on the Sensex were Tata Motors up by 3.50%, Adani Ports &SEZ up by 3.16%, Reliance Industries up by 2.82%, Eternal up by 2.15% and Tech Mahindra up by 1.70%. On the flip side, Bajaj Finserv down by 1.09%, Power Grid Corporation down by 0.76%, Mahindra & Mahindra down by 0.75%, HCL Technologies down by 0.67% and Bharat Electronics down by 0.65% were the top losers.

Meanwhile, Union Minister of Commerce and Industry Piyush Goyal has said that the government is embarking on the next 100 Days Agenda of Transformation to take India on a fast track to developed nation. He said in the next 100 days, the government will follow the clarion call given by Prime Minister Narendra Modi on August 15 to take India forward on a fast-tracked pathway, implement the vision of a developed nation by 2047, follow the ‘Panch Prans’ (Five Pledges) which have been articulated, and ensure that every citizen takes it upon themselves, as a sense of duty, to make India a prosperous and developed nation by 2047. 

He added that no power on earth can stop India from becoming a developed nation. He also referred to the global confidence in India’s economic growth, noting experts’ assessment that India is on course to emerge as the world’s most sought-after consumer market and a top investment destination. He said this progress is the result of the contribution of 140 crore Indians through programmes such as Make in India and Atmanirbhar Bharat, which are strengthening supply chains and building resilience. 

The Minister noted that India has concluded balanced, fair and equitable free trade agreements with the United Arab Emirates, Mauritius, the four nations of the EFTA group (Switzerland, Norway, Liechtenstein, Iceland) and the United Kingdom, and is making rapid progress with other engagements. He said these efforts are collectively ensuring success for MSMEs, farmers and the animal husbandry sector, while protecting the interests of India’s dairy industry and expanding access for Indian goods and services across global markets.

The CNX Nifty traded in a range of 25,012.65 and 24,873.95. There were 28 stocks advancing against 22 stocks declining on the index.

The top gainers on Nifty were Tata Motors up by 3.62%, Adani Ports & SEZ up by 3.22%, Reliance Industries up by 2.84%, Hero MotoCorp up by 2.66% and Bajaj Auto up by 2.12%. On the flip side, Dr. Reddy's Lab down by 1.40%, Cipla down by 1.15%, Hindalco down by 1.03%, Bajaj Finserv down by 0.98% and Mahindra & Mahindra down by 0.77% were the top losers. 

European markets were trading higher; UK’s FTSE 100 increased 17.56 points or 0.19% to 9,175.30, France’s CAC rose 54.65 points or 0.69% to 7,938.70 and Germany’s DAX gained 51.03 points or 0.21% to 24,365.80.

Asian markets settled mostly down on Tuesday ahead of speeches from top central bankers, including Fed Chair Jerome Powell for signals on the path of interest rates. Meanwhile, traders also awaited updates from some of the biggest US retailers as new tariffs take effect. Market sentiments weakened further as investors evaluated promising diplomatic signals toward ending the Russia-Ukraine conflict. Japanese markets dropped from record highs as investors booked profits after recent strong gains. Seoul shares declined for a second day running as confusion prevailed over US tariffs despite the announcement of a series of trade deals.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,727.29

-0.74

-0.02

Hang Seng

25,122.9

- 53.95

-0.32

Jakarta Composite

7,862.95

-35.43

-0.21

KLSE Composite

1,590.24

5.28

0.33

Nikkei 225

43,598.00

-116.31

-0.27

Straits Times

4,216.19

28.81

0.68

KOSPI Composite

3,151.56

-25.72

-0.82

Taiwan Weighted

24,353.50

-129.02

-0.53


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