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Benchmarks continue to trade higher in late afternoon session
Sep-17-2025

Indian equity benchmarks continued to trade in positive terrain in late afternoon session. The hopes of bilateral trade deal between India and US, kept the trading sentiments upbeat. Both the countries have termed ongoing trade negotiations as positive and forward-looking; and agreed to accelerate efforts to reach a mutually beneficial trade agreement at the earliest. Further, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal has said that India is set to attract investments worth Rs 80 lakh crore, generate over 1.5 crore jobs, and accelerate green shipping practices in the coming years, supported the uptrend. 

On the global front, Asian equity markets were trading mixed, while European equity markets were trading mostly in green ahead of U.S. Federal Reserve's interest-rate decision.

The BSE Sensex is currently trading at 82578.46, up by 197.77 points or 0.24% after trading in a range of 82490.47 and 82741.95. There were 19 stocks advancing against 11 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index declined 0.05%, while Small cap index was up by 0.31%.

The top gaining sectoral indices on the BSE were PSU up by 0.95%, Capital Goods up by 0.65%, Bankex up by 0.55%, IT up by 0.52% and Industrials up by 0.50%, while Metal down by 0.89%, Telecom down by 0.54%, Utilities down by 0.42%, Consumer Durables down by 0.33%, and FMCG down by 0.29% were the top losing indices on BSE.

The top gainers on the Sensex were SBI up by 2.41%, Bharat Electronics up by 2.07%, Maruti Suzuki up by 1.30%, Kotak Mahindra Bank up by 1.28% and Trent up by 0.98%. On the flip side, Tata Steel down by 1.16%, ITC down by 1.08%, Titan Company down by 1.06%, Bajaj Finserv down by 1.01% and Power Grid Corporation down by 0.54% were the top losers.

Meanwhile, rating agency, India Ratings and Research (Ind-Ra) in its latest report has said that the active pharmaceutical ingredients (API) sector is likely to continue exhibiting a stable financial performance in FY26, despite the pricing pressures, given the large portfolio basket, geographical diversification and a shift to complex, high-margin molecules, aided by benign raw material cost. 

According to the report, Indian API companies continued to witness volume growth in 1QFY26, albeit at lower pricing in regulated markets (US, Europe, Japan etc.), with continued pricing pressure in domestic and Rest of World (ROW) markets. It noted that additional capacities under the Production-linked Incentive (PLI) scheme and increasing imports have contributed to the pricing pressure. 

Besides, Ind-Ra has observed lower raw material prices and cost improvement initiatives led to over a 100bp improvement in gross margins/EBITDA margins during 1QFY26 compared to FY25 (average). The rating agency further said that pricing challenges are expected to persist in the near term, with growth likely to be driven by domestic volumes in 2HFY26.

The CNX Nifty is currently trading at 25304.50, up by 65.40 points or 0.26% after trading in a range of 25275.35 and 25346.50. There were 29 stocks advancing against 21 stocks declining on the index.

The top gainers on Nifty were Tata Consumer Products up by 3.75%, SBI up by 2.65%, Bharat Electronics up by 2.13%, Maruti Suzuki up by 1.30% and Kotak Mahindra Bank up by 1.28%. On the flip side, HDFC Life Insurance down by 1.36%, Tata Steel down by 1.08%, ITC down by 1.03%, Bajaj Finserv down by 0.96% and Titan Company down by 0.95% were the top losers.

Asian equity markets were trading mixed; Hang Seng advanced 500.49 points or 1.86% to 26,939.00, Shanghai Composite strengthened 14.47 points or 0.37% to 3,876.34, Jakarta Composite gained 37.9 points or 0.47% to 7,995.60 and Shanghai Composite strengthened 14.47 points or 0.37% to 3,876.34, while Nikkei 225 slipped 76.27 points or 0.17% to 44,826.00, Taiwan Weighted lost 191.39 points or 0.75% to 25,438.25, Straits Times fell 12.81 points or 0.3% to 4,324.93 and KOSPI dropped 36.22 points or 1.06% to 3,413.40.

European equity markets were trading mostly in green; UK’s FTSE 100 increased 21.76 points or 0.24% to 9,217.42 and Germany’s DAX gained 51.06 points or 0.22% to 23,380.30, while France’s CAC fell 8.42 points or 0.11% to 7,809.80.

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