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Bourses trade flat in early afternoon session
Sep-15-2025

Indian markets traded flat in early afternoon session following mixed cues from other Asian markets. Traders were awaited for outcome of the US Federal Reserve’s policy meeting. Investors took a note of report that India’s wholesale price inflation (WPI) returned to the positive zone after two months at 0.52 per cent in August, as prices of food articles and manufactured items inched up.  WPI-based inflation was (-) 0.58 and (-) 0.19 per cent in July and June, respectively. It was 1.25 per cent in August last year. Positive rate of inflation in August 2025 is primarily due to an increase in prices of food products, manufacturing, non-food articles, non-metallic mineral products and transport equipment etc.

On the global front, Asian markets were trading mixed as China's industrial production and retail sales grew at slower rates in August. Industrial output expanded 5.2 percent on a yearly basis, slower than the 5.7 percent increase in July. The rate was expected to remain unchanged at 5.7 percent. Similarly, annual growth in retail sales eased to 3.4 percent from July's 3.7 percent, while sales were forecast to climb 3.8 percent.

The BSE Sensex is currently trading at 81921.93, up by 17.23 points or 0.02% after trading in a range of 81779.82 and 81998.51. There were 13 stocks advancing against 17 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.29%, while Small cap index up by 0.60%.

The top gaining sectoral indices on the BSE were Realty up by 1.57%, Telecom up by 0.77%, Industrials up by 0.71%, Power up by 0.67% and Capital Goods was up by 0.59%, while IT down by 0.58%, TECK down by 0.43%, Consumer Durables down by 0.41%, Healthcare down by 0.33% and Auto was down by 0.21% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 1.19%, Eternal up by 0.82%, ICICI Bank up by 0.59%, Trent up by 0.54% and Larsen & Toubro up by 0.51%. On the flip side, Asian Paints down by 1.31%, Mahindra & Mahindra down by 1.05%, Titan Company down by 0.96%, TCS down by 0.86% and Infosys down by 0.86% were the top losers.

Meanwhile, think tank Global Trade Research Initiative (GTRI) has cautioned about India’s reliance on US software, cloud services, and social media platforms and said that this poses a major economic and security vulnerability in times of geopolitical tensions. It noted that the US is in a position to cut off services or access to data, disrupting banking, governance, and defence systems, while controlling public discourse through foreign platforms. Meanwhile, to address this, it has suggested a launch of ‘Digital Swaraj Mission’ by the government, with core focus on sovereign cloud, indigenous OS (operating system), homegrown cybersecurity, and data-driven AI leadership.

It has highlighted that the Europe is already building sovereign cloud and enforcing the Digital Markets Act, while China, too, has replaced foreign code in government, defence, and industrial systems with indigenous platforms. Further, it cautioned about country’s reliance on US tech saying, ‘India's entire digital backbone could be crippled overnight if US tech giants pull the plug on Windows, Android, or cloud services’. It added that over 500 million Indian smartphones run on Google's Android, leaving the country's communications at the mercy of US decisions.

On the mission, it suggested that the plan can be rolled out in phases. In the short term (1-2 years), it suggests that the country should mandate sovereign cloud hosting for critical data, launch a national OS programme, and pilot Linux transitions in key ministries, while in the medium term (3-5 years), government systems should fully migrate to Indian software, and public-private cybersecurity consortia should be operational. Moreover, in the long term (5-7 years), country must achieve cloud parity, replace foreign OS in defence and critical sectors, and create globally competitive open-network platforms.

The CNX Nifty is currently trading at 25105.90, down by 8.10 points or 0.03% after trading in a range of 25064.65 and 25138.45. There were 16 stocks advancing against 34 stocks declining on the index.

The top gainers on Nifty were Bajaj Finance up by 1.21%, Eternal up by 0.78%, Coal India up by 0.67%, ICICI Bank up by 0.61% and Trent up by 0.53%. On the flip side, Asian Paints down by 1.40%, Shriram Finance down by 1.40%, Dr. Reddy's Lab down by 1.27%, Eicher Motors down by 1.11% and Mahindra & Mahindra down by 1.09% were the top losers.

Asian markets were trading mixed, Jakarta Composite gained 69.58 points or 0.89% to 7,923.64, KOSPI increased 11.77 points or 0.35% to 3,407.31 and Hang Seng was up by 1.84 points or 0.01% to 26,390.00. On the flip side, Straits Times fell 5.76 points or 0.13% to 4,338.48, Shanghai Composite weakened 10.1 points or 0.26% to 3,860.50 and Taiwan Weighted was down by 117.48 points or 0.46% to 25,357.16.

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