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Key gauges end higher on US-India trade talks
Sep-16-2025

Indian equity benchmarks rebounded on Tuesday and ended with gains of over half percent, supported by favourable global cues on expectations of a 25 bps rate cut in the forthcoming US Fed policy decision and renewed optimism surrounding the resumed India-US trade negotiations.  

Some of the important factors in trade:

India's merchandise exports rise 6.71% to $35.1 billion in August: The commerce ministry in its latest data has showed that India's merchandise exports rose 6.71 per cent to $35.1 billion in August 2025 as compared to $32.89 billion in August 2024. Imports declined by 10.12 per cent year-on-year to $61.59 billion in August 2025 as compared to $68.53 billion in August 2024. 

Increased adoption of AI can add $500-600 billion to GDP by 2035: A NITI Aayog report said accelerated adoption of Artificial Intelligence (AI) across industries can contribute $500-600 billion to India’s GDP by 2035 on the back of increased productivity and efficiency in the workforce.

India farm growth highest globally: Agriculture Minister Shivraj Singh Chouhan said India's agriculture sector recorded a growth rate of 3.7 per cent during the first quarter of 2025-26, the highest globally and asserted that the government will continue prioritising farmers' welfare. 

Rupee rises against US Dollar: Indian rupee appreciated against the US dollar, tracking US-India talks on the proposed trade agreement to iron out issues in the wake of steep Trump Tariffs. 

Global front: Asian markets settled mostly higher in anticipation of a Federal Reserve rate cut when the U.S. central bank announces its monetary policy decision on Wednesday.  European markets were trading lower as the Office for National Statistics said the U.K. jobless rate remained unchanged and average earnings growth slowed in the three months to July.

Finally, the BSE Sensex rose 594.95 points or 0.73% to 82,380.69 and the CNX Nifty was up by 169.90 points or 0.68% to 25,239.10.    

The BSE Sensex touched high and low of 82,443.48 and 81,779.94 respectively. There were 28 stocks advancing against 2 stocks declining on the index.  

The broader indices ended in green; the BSE Mid cap index rose 0.62%, while Small cap index was up by 0.66%.

The top gaining sectoral indices on the BSE were Telecom up by 1.50%, Auto up by 1.43%, Industrials up by 1.05%, TECK up by 1.05% and Realty up by 1.02%, while FMCG down by 0.10% was the lone losing index on BSE.

The top gainers on the Sensex were Kotak Mahindra Bank up by 2.55%, Larsen & Toubro up by 2.28%, Mahindra & Mahindra up by 2.22%, Maruti Suzuki up by 1.99% and Bharti Airtel up by 1.85%. On the flip side, Asian Paints down by 0.87% and Bajaj Finance down by 0.69% were the top losers.

Meanwhile, the commerce ministry in its latest data has showed that India's merchandise exports rose 6.71 per cent to $35.1 billion in August 2025 as compared to $32.89 billion in August 2024. Imports declined by 10.12 per cent year-on-year to $61.59 billion in August 2025 as compared to $68.53 billion in August 2024. Gold imports were down nearly 56 per cent in August, helping to trim merchandise trade deficit to $26.49 billion in August 2025, as against $35.64 billion in the year-ago month.  

According to the data, merchandise exports during April-August 2025 were $184.13 billion as compared to $179.60 billion during April-August 2024. Merchandise imports during April-August 2025 were $306.52 billion as compared to $300.12 billion during April-August 2024. Merchandise trade deficit during April-August 2025 was $122.39 billion as compared to $120.52 billion during April-August 2024.

Non-petroleum and non-gems & jewellery exports in August 2025 were $28.31 billion as compared to $26.68 billion in August 2024. Non-petroleum and non-gems & jewellery exports in April-August 2025 were $146.71 billion as compared to $136.13 billion in April-August 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in August 2025 were $41.02 billion as compared to $41.41 billion in August 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-August 2025 were $201.76 billion as compared to $188.01 billion in April-August 2024.   

The CNX Nifty touched high and low of 25,261.40 and 25,070.45 respectively. There were 42 stocks advancing against 8 stocks declining on the index.  

The top gainers on Nifty were Kotak Mahindra Bank up by 2.67%, Larsen & Toubro up by 2.34%, Mahindra & Mahindra up by 2.31%, Eicher Motors up by 2.21% and Maruti Suzuki up by 2.14%. On the flip side, Shriram Finance down by 0.83%, Asian Paints down by 0.82%, Nestle down by 0.70%, Tata Consumer Product down by 0.62% and HDFC Life Insurance Company down by 0.53% were the top losers.

European markets were trading lower; UK’s FTSE 100 decreased 23.23 points or 0.25% to 9,253.80, France’s CAC fell 5.03 points or 0.06% to 7,891.90 and Germany’s DAX lost 125.96 points or 0.53% to 23,622.90.

Asian markets settled mostly higher on Tuesday tracking Wall Street's overnight gains with anticipation of the US Federal Reserve rate cut on Wednesday. Moreover, positive comments from US President Donald Trump regarding trade talks between top US and Chinese officials in Europe also supported sentiments. Reports suggesting that Washington has reached a framework deal with China on TikTok's US operations. Seoul stocks rose sharply to set a new record high for the fifth consecutive session, driven by a rally in chip shares on US rate cuts hopes and expectations for the South Korean government's policy road map aimed at fostering advanced industries. Meanwhile, Chinese and Hong Kong shares traded almost flat on uncertainty over the future of US-China relations.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,861.87

1.37

0.04

Hang Seng

26,438.51

-8.05

-0.03

Jakarta Composite

7,957.70

20.58

0.26

KLSE Composite

--

--

--

Nikkei 225

44,902.27

134.15

0.30

Straits Times

4,337.74

-0.68

-0.02

KOSPI Composite

3,449.62

42.31

1.24

Taiwan Weighted

25,629.64

272.48

1.07


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