HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Bourses extend gains in early afternoon session
Oct-07-2025

Indian markets extended their gains in early afternoon session amid value buying. Investors were braced for upcoming quarterly earnings season. Traders took note of report that NITI Aayog CEO BVR Subrahmanyam has exuded confidence that a trade agreement would be concluded between India and the US soon, as both countries are committed to having a mutually beneficial bilateral trade pact. Moreover, he said that India should lower tariffs and non-tariff barriers and open its markets to improve competitiveness in manufacturing. Sector wise, agriculture stocks remained in limelight as sowing of kharif-season crop has stood at 1121.46 lakh hectares area as on October 03, 2025. The total area covered under kharif crops has increased 0.58% as compared to 1114.95 lakh hectares during the corresponding period of last year.

On the global front, Asian markets were trading in green as Japan's leading index increased more-than-expected in August to the highest level in five months. The leading index, which measures future economic activity, rose to 107.4 in August from 106.1 in the previous month. The expected score was 107.1.  

The BSE Sensex is currently trading at 82102.69, up by 312.57 points or 0.38% after trading in a range of 81787.48 and 82211.77. There were 17 stocks advancing against 13 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index gained 0.29%, while Small cap index was down by 0.10%.

The top gaining sectoral indices on the BSE were Telecom up by 0.89%, Energy up by 0.48%, Consumer Durables up by 0.44%, Oil & Gas up by 0.41% and Auto was up by 0.40%, while IT down by 0.55%, FMCG down by 0.33%, Realty down by 0.30%, Metal down by 0.22% and Capital Goods was down by 0.20% were the top losing indices on BSE.

The top gainers on the Sensex were Bharti Airtel up by 1.51%, Eternal up by 1.42%, HDFC Bank up by 1.30%, ICICI Bank up by 1.16% and Bajaj Finance up by 1.05%. On the flip side, Trent down by 1.98%, Tata Motors down by 1.74%, Axis Bank down by 1.59%, Infosys down by 1.11% and TCS down by 1.06% were the top losers.

Meanwhile, External Affairs Minister S Jaishankar has said that trade calculations are being overturned by tariff volatility globally. His remarks on tariff volatility come amid a downturn in ties between New Delhi and Washington after US President Donald Trump doubled tariffs on Indian goods to a whopping 50 per cent, including a 25 per cent additional duty for India's purchase of Russian crude oil.

The minister delved into the strategic consequences of profound changes being witnessed in the geopolitical landscape, including the shifting of one-third of global manufacturing to a single geography, in an apparent reference to China. He said ‘consider the global landscape now and let us reflect on the intensity of the transformation and their implications. A third of global manufacturing has moved to a single geography, with attendant consequences for supply chains’. He noted that the global energy scenario has changed profoundly with the US becoming a major fossil fuel exporter and China a key renewable one. There are competing models on the harnessing of data and evolution of Artificial Intelligence which jostle with each other. He added that big Tech has become a significant player in itself. New routes of connectivity are emerging, some of them with a strategic purpose. The mobility debate seeks to reconcile skills, demand and social reactions to them.

The external affairs minister also listed the application of sanctions, the seizure of assets and the advent of crypto as elements changing the face of global finance. Competition for rare earths and critical minerals has become visceral, even as technology controls have further tightened. The quality of weaponry and the nature of war itself has been transformed, making it more stand-off, more impactful and definitely more risk-prone.  

The CNX Nifty is currently trading at 25162.15, up by 84.50 points or 0.34% after trading in a range of 25076.30 and 25202.20. There were 28 stocks advancing against 22 stocks declining on the index.

The top gainers on Nifty were JIO Financial Serv. up by 1.91%, Bharti Airtel up by 1.47%, Eicher Motors up by 1.43%, Eternal up by 1.43% and HDFC Bank up by 1.31%. On the flip side, Trent down by 2.14%, Tata Motors down by 1.76%, Axis Bank down by 1.59%, Hindalco down by 1.27% and Infosys down by 1.27% were the top losers.

Asian markets were trading in green; Taiwan Weighted added 450.89 points or 1.66% to 27,211.95, Nikkei 225 surged 69.24 points or 0.14% to 48,014.00, Straits Times rose 45.1 points or 1.02% to 4,466.81 and Jakarta Composite was up by 31.55 points or 0.39% to 8,171.44.
  RELATED NEWS >>
Most Viewed >>
September 30 , 2025
Hybrid funds shine as equity schemes struggle
October 01 , 2025
RBI retains call rate as policy anchor in liqu
October 01 , 2025
Power stocks may rebound on demand recovery, a
September 29 , 2025
Mid- and small-cap flows robust despite weak m
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.