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Key gauges remain in green in morning deals
Sep-18-2025

Indian equity benchmarks remained in green in morning deals, led by gains in IT, TECK and Realty stocks tracking positive global cues. Some support also came as Union Commerce Minister Piyush Goyal stated that relations between India and the US remain positive as leaders of both countries are friends, and asserted that every situation will be addressed satisfactorily. Traders took support with Union Finance Minister Nirmala Sitharaman’s statement that the next generation GST reforms will infuse Rs 2 lakh crore into the economy, which will leave people with more cash in hand that otherwise would have gone as taxes. Adding to the optimism, S&P Global said while a jump in capital expenditure is unlikely this fiscal year, the prospects for the economic growth catalyst are much better over a medium-to-long term. It said companies are likely to invest upward of $800 billion over the next five years. On the global front, Asian markets are trading mostly in green after the US Federal Reserve cut its key interest rate by 25 basis points and signalled the possibility of two additional rate reduction this year. 

The BSE Sensex is currently trading at 82985.34, up by 291.63 points or 0.35% after trading in a range of 82920.76 and 83141.21. There were 20 stocks advancing against 10 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.22%, while Small cap index was up by 0.14%.

The top gaining sectoral indices on the BSE were IT up by 1.07%, TECK up by 0.54%, Realty up by 0.44%, FMCG up by 0.38% and Bankex up by 0.36%, while Capital Goods down by 0.30%, Basic Materials down by 0.15%, Metal down by 0.11%, Industrials down by 0.08% and Energy down by 0.06% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 1.44%, Hindustan Unilever up by 1.34%, HCL Technologies up by 1.27%, Eternal up by 1.02% and HDFC Bank up by 0.97%. On the flip side, Bajaj Finance down by 1.04%, Bharti Airtel down by 0.83%, Bharat Electronics down by 0.79%, Bajaj Finserv down by 0.35% and Trent down by 0.27% were the top losers.

Meanwhile, Union Finance Minister Nirmala Sitharaman has said that the next generation GST reforms will infuse Rs 2 lakh crore into the economy, which will leave people with more cash in hand that otherwise would have gone as taxes.

Sitharaman also said following the tax reforms, 99% of goods under 12% GST slab have moved to 5%. The rejig has resulted in 90% items under 28% tax slab slipping into the 18% bracket. He stated ‘With this New Gen Tax regime, with only two slabs (5% and 18%), Rs 2 lakh crore is injected into the economy. People will have cash on hand.’

Further, she said the GST revenues grew to Rs 22.08 lakh crore in FY 2024-25 from Rs 7.19 lakh crore in 2018 (FY 2017-18). According to her, the taxpayer's number grew to 1.51 crore from the earlier 65 lakh.

The CNX Nifty is currently trading at 25408.10, up by 77.85 points or 0.31% after trading in a range of 25393.80 and 25448.95. There were 29 stocks advancing against 21 stocks declining on the index.

The top gainers on Nifty were Wipro up by 1.51%, Infosys up by 1.46%, Hindustan Unilever up by 1.33%, HCL Technologies up by 1.26% and HDFC Life Insurance up by 1.05%. On the flip side, Bajaj Finance down by 1.15%, Bharti Airtel down by 0.82%, Apollo Hospital down by 0.72%, Bharat Electronics down by 0.72% and ONGC down by 0.61% were the top losers.

Asian markets are trading mostly in green; Nikkei 225 surged 638.62 points or 1.43% to 45,429.00, Taiwan Weighted added 229.54 points or 0.9% to 25,667.79, Jakarta Composite gained 13.11 points or 0.16% to 8,038.29, Shanghai Composite strengthened 17.61 points or 0.45% to 3,893.95 and KOSPI increased 40.61 points or 1.19% to 3,454.01.

On the flip side, Hang Seng declined 11.39 points or 0.04% to 26,897.00 and Straits Times fell 1.59 points or 0.04% to 4,322.19.

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