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Markets trade slightly in green in early deals on Monday
Oct-06-2025

Indian equity markets have made positive start and were trading slightly in green in early deals on Monday on account of buying in Bajaj Finance, Bajaj Finserv, Axis Bank, Kotak Mahindra Bank and TCS companies’ stocks. There was some encouragement in markets as Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement, on October 11, 2025, in Brussels to iron out differences on issues for early conclusion of the negotiations. However, gains remained capped as RBI data showed that India's forex reserves dropped by $2.33 billion to $700.23 billion during the week ended September 26. 

On the global front, Asian markets were trading mostly higher with Japan’s Nikkei 225 gaining over 4 percent after the Japan’s ruling Liberal Democratic Party elected staunch conservative Sanae Takaichi as its new leader, positioning her to become the country’s first female prime minister. On the BSE sectoral front, traders were seen piling up positions in Oil & Gas, Bankex, IT, Energy and TECK, while selling was witnessed in Metal, Consumer Durables, Utilities, Telecom and Power.

The BSE Sensex is currently trading at 81252.09, up by 44.92 points or 0.06% after trading in a range of 81155.88 and 81357.20. There were 13 stocks advancing against 17 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index was down by 0.06%, while Small cap index down by 0.05%.

The top gaining sectoral indices on the BSE were Oil & Gas up by 0.53%, Bankex up by 0.44%, IT up by 0.33%, Energy up by 0.28% and TECK up by 0.19%, while Metal down by 0.58%, Consumer Durables down by 0.56%, Utilities down by 0.52%, Telecom down by 0.52% and Power down by 0.48% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 2.52%, Bajaj Finserv up by 1.26%, Axis Bank up by 0.96%, Kotak Mahindra Bank up by 0.86% and TCS up by 0.79%. On the flip side, Power Grid down by 1.36%, Adani Ports down by 1.14%, Tata Steel down by 1.07%, Tata Motors down by 0.82% and Mahindra & Mahindra down by 0.77% were the top losers.

Meanwhile, the Global Trade Research Initiative (GTRI) has said that Joint ventures in energy infrastructure, technology collaboration, and cross-border investments can help reduce India's trade deficit with Qatar. India's trade with Qatar stood at $14.15 billion in 2024-25. It stated the trade relationship remains heavily skewed toward energy imports, with petroleum crude and gas products making up nearly 90 per cent of India's total imports from Qatar.

India's exports to Qatar totalled $1.68 billion, while imports surged to $12.46 billion, producing a substantial trade deficit of $10.78 billion in the last fiscal. GTRI founder Ajay Srivastava said ‘The figures underscore the energy-centric nature of India's commerce with the Gulf nation, with hydrocarbons making up the bulk of inbound shipments.’

Imports from Qatar were overwhelmingly composed of petroleum crude and gas products, amounting to $11.08 billion, about 88.9 per cent of the total imports. Key energy components include liquefied natural gas ($6.39 billion), liquefied butanes ($1.67 billion), liquefied propane ($1.54 billion), petroleum crude ($1.06 billion), and other petroleum products ($407 million).

Srivastava stated ‘These energy products remain the core of the bilateral trade, reflecting India's heavy reliance on Qatar for LNG and hydrocarbon supplies.’ He added that joint ventures in energy infrastructure, technology collaboration, and cross-border investments can help reduce India's trade deficit and reinforce Qatar's role as a trusted long-term partner.’

The CNX Nifty is currently trading at 24910.80, up by 16.55 points or 0.07% after trading in a range of 24881.65 and 24943.05. There were 20 stocks advancing against 30 stocks declining on the index.

The top gainers on Nifty were Max Healthcare Inst up by 2.77%, Bajaj Finance up by 2.65%, Shriram Finance up by 2.28%, Apollo Hospital up by 2.22% and Bajaj Finserv up by 1.32%. On the flip side, Power Grid down by 1.35%, Tata Steel down by 1.11%, Adani Ports down by 1.06%, Cipla down by 1.02% and Mahindra & Mahindra down by 0.92% were the top losers.

Asian markets were trading mostly higher; Nikkei 225 surged 2118.5 points or 4.63% to 47,888.00, Jakarta Composite gained 16.35 points or 0.2% to 8,134.65, Straits Times rose 1.92 points or 0.04% to 4,413.87. However, Hang Seng declined 169.92 points or 0.63% to 26,971.00.


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