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Benchmarks meander near unchanged lines
Sep-15-2025

Indian equity benchmarks meandered near the unchanged lines amid lack of global market cues. Traders seemed reluctant to make any significant movement after US Commerce Secretary Howard Lutnick asserted that India must bring down its tariffs or face a ‘tough time’ doing business with the US. Meanwhile, India's wholesale price index (WPI) inflation saw an increase in the month of August, reaching to 0.52%. The rise is attributed to slight increases in the prices of non-food articles, minerals and food articles. However, Mid-cap and Small - cap stocks have outshined the headline indices as reflected by BSE Mid and Small cap indies gaining 0.42% and 0.71%, respectively.

On the global front, Asian equity markets were trading mixed following the mixed cues from Wall Street on Friday, as traders remain cautious ahead of the anticipated interest rate cut after recent US data signaled softer labor conditions and muted inflation. European equity markets were trading mostly in green ahead of release of foreign trade data from Eurozone and wholesale prices data from Germany.

The BSE Sensex is currently trading at 81829.67, down by 75.03 points or 0.09% after trading in a range of 81744.70 and 81998.51. There were 11 stocks advancing against 19 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index gained 0.42%, while Small cap index was up by 0.71%.

The top gaining sectoral indices on the BSE were Realty up by 2.58%, Industrials up by 0.71%, Capital Goods up by 0.66%, Power up by 0.58% and Telecom up by 0.52%, while IT down by 0.59%, TECK down by 0.46%, Healthcare down by 0.38%, Consumer Durables down by 0.36% and Auto down by 0.32% were the top losing indices on BSE.

The top gainers on the Sensex were Eternal up by 0.73%, Ultratech Cement up by 0.73%, Bajaj Finance up by 0.70%, Larsen & Toubro up by 0.38% and Hindustan Unilever up by 0.38%. On the flip side, Mahindra & Mahindra down by 1.65%, Asian Paints down by 1.43%, Infosys down by 0.99%, TCS down by 0.84% and Titan Company down by 0.76% were the top losers.

Meanwhile, India's wholesale price index (WPI) inflation saw an increase in the month of August, reaching to 0.52%. This marks a shift from the -0.58% recorded in the previous month. The rise is attributed to slight increases in the prices of non-food articles, minerals and food articles.

The component wise, primary articles index, having weight of 22.62%, surged 1.60% from 188.0 (provisional) for the month of July 2025 to 191.0 (provisional) in August 2025, as prices of non-food articles, minerals and food articles increased in August 2025 as compared to July 2025. However, the price of crude petroleum & natural gas decreased in August 2025 as compared to July 2025.

Fuel & Power index, having weight of 13.15%, decreased by 0.69% from 144.6 (provisional) for the month of July 2025 to 143.6 (provisional) in August 2025, with fall in the prices of electricity and mineral oils during August 2025 as compared to July 2025. But, the price of coal has remained same as in the previous month.

Besides, Manufactured Products constituting the major portion of the index with weight of 64.23%, increased by 0.21% from 144.6 (provisional) for the month of July 2025 to 144.9 (provisional) in August 2025. Meanwhile, for the month of June 2025, the final wholesale price index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 153.7 and (-) 0.19% respectively.

The CNX Nifty is currently trading at 25081.55, down by 32.45 points or 0.13% after trading in a range of 25048.75 and 25138.45. There were 17 stocks advancing against 33 stocks declining on the index.

The top gainers on Nifty were Jio Financial Services up by 1.35%, Eternal up by 0.72%, Ultratech Cement up by 0.72%, Bajaj Finance up by 0.67% and Hindustan Unilever up by 0.36%. On the flip side, Mahindra & Mahindra down by 1.68%, Asian Paints down by 1.52%, Shriram Finance down by 1.44%, Cipla down by 1.30% and Dr. Reddy's Laboratories down by 1.23% were the top losers.

Asian equity markets were trading mixed; Nikkei 225 surged 395.62 points or 0.88% to 44,768.12, Hang Seng advanced 99.84 points or 0.38% to 26,488.00, Jakarta Composite gained 73.81 points or 0.93% to 7,927.87 and KOSPI increased 11.77 points or 0.35% to 3,407.31, while Taiwan Weighted lost 117.48 points or 0.46% to 25,357.16, Straits Times fell 8.13 points or 0.19% to 4,336.11 and Shanghai Composite weakened 10.1 points or 0.26% to 3,860.50.

European equity markets were trading mostly in green; France’s CAC rose 73.56 points or 0.94% to 7,898.80 and Germany’s DAX gained 67.45 points or 0.28% to 23,765.60, while UK’s FTSE 100 decreased 12.14 points or 0.13% to 9,271.15.

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