HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets cut gains in late trade
Aug-29-2025

Indian equity benchmarks cut earlier gains to trade below the neutral lines dragged by weakness in Reliance Industries, Infosys and HDFC bank. Besides, traders took a cautious approach after RBI Bulletin indicated downside risk to the overall demand in the Indian economy owed to persisting uncertainties related to the US trade policies. Meanwhile, they seemed reluctant to make significant move ahead of release of India’s GDP data. Moreover, persistent foreign funds outflow by Foreign Institutional Investors (FIIs) has weighed on investors’ sentiments. The FIIs were net sellers on Thursday’s trade offloading equities worth Rs 3,856.51 crore.

On the global front, Asian equity markets were trading mixed as caution prevailed ahead of a key U.S. inflation report due later in the day. European equity markets were trading lower on Friday.

The BSE Sensex is currently trading at 79960.01, down by 120.56 points or 0.15% after trading in a range of 79944.67 and 80310.74. There were 17 stocks advancing against 13 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.17%, while Small cap index was down by 0.04%.

The top gaining sectoral indices on the BSE were FMCG up by 1.02%, Capital Goods up by 0.52%, Industrials up by 0.45%, Consumer Durables up by 0.38% and Telecom up by 0.25%, while Realty down by 1.18%, IT down by 0.87%, Energy down by 0.79%, Oil & Gas down by 0.66% and Auto down by 0.65% were the top losing indices on BSE.

The top gainers on the Sensex were ITC up by 2.17%, Trent up by 1.70%, Bharat Electronics up by 1.57%, Larsen & Toubro up by 1.26% and Ultratech Cement up by 1.00%. On the flip side, Mahindra & Mahindra down by 2.56%, Infosys down by 1.98%, Reliance Industries down by 1.46%, Tech Mahindra down by 0.93% and NTPC down by 0.83% were the top losers.

Meanwhile, CareEdge Ratings in its latest report has said that following tariff hikes by the USA from 25% to 50% on Indian goods, Indian textile exporters face a significant cost disadvantage in the USA market compared to its peers. This may shift some orders to competing countries with relatively lower tariffs.

According to the report, Indian textile and apparel exports in CY25 are expected to decline marginally, while a significant decline in exports to the USA is expected in CY26 following a sharp rise in tariff rates, potentially reducing overall textile exports by 9-10% to around $30 billion. 

The rating agency further noted that with anticipated loss of revenue and partial tariff absorption, if any, PBILDT margin of Indian RMG and home-textile exporters is expected to decline by 300-500 bps. However, the extent of decline depends on the ability to negotiate product pricing with customers in the USA to retain volume.

However, the report said that the export loss of RMG and home-textile products is likely to be compensated by growth in exports of cotton yarn and fabric as the competing nations lack backwards integration in these products.

The CNX Nifty is currently trading at 24475.60, down by 25.30 points or 0.10% after trading in a range of 24464.15 and 24572.45. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were ITC up by 2.17%, Shriram Finance up by 1.81%, Bharat Electronics up by 1.77%, Trent up by 1.72% and Ultratech Cement up by 1.19%. On the flip side, Mahindra & Mahindra down by 2.47%, Infosys down by 1.99%, Apollo Hospitals Enterprise down by 1.46%, Reliance Industries down by 1.38% and Adani Enterprises down by 1.06% were the top losers.

Asian equity markets were trading mixed; Hang Seng advanced 129.18 points or 0.51% to 25,128.00, Shanghai Composite strengthened 14.33 points or 0.37% to 3,857.93 and Straits Times rose 19.43 points or 0.46% to 4,273.21, while Nikkei 225 slipped 85.79 points or 0.2% to 42,743.00, Taiwan Weighted lost 3.35 points or 0.01% to 24,233.10, Jakarta Composite plunged 104.12 points or 1.33% to 7,847.97 and KOSPI dropped 10.31 points or 0.32% to 3,186.01.

European equity markets were trading lower; UK’s FTSE 100 decreased 37.42 points or 0.41% to 9,179.40, France’s CAC fell 50.8 points or 0.65% to 7,711.80 and Germany’s DAX lost 137.22 points or 0.57% to 23,902.70.
  RELATED NEWS >>
Most Viewed >>
August 20 , 2025
Motilal Oswal AMC raises stake in Paytm parent
August 23 , 2025
Consumption theme based mutual funds offer up
August 23 , 2025
Sebi Chairman urges caution for mutual funds i
August 21 , 2025
Mutual funds sell 20 lakh shares of BSE after
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.