HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Key gauges continue to trade higher in morning deals
Oct-16-2025

Indian equity benchmarks continued to trade higher in morning deals, as talks on a bilateral trade agreement between India and the United States picked up pace. Fresh foreign fund inflows also added to the markets' optimism. Foreign Institutional Investors (FIIs) bought equities worth Rs 68.64 crore on Wednesday, according to exchange data. Traders took support with Crisil Intelligence, in its report stating that a benign inflation outlook may prompt the Monetary Policy Committee (MPC) to cut policy rates to support growth which faced downside risks due to imposition of higher US tariffs in the second half of the fiscal. Some support also came with the report stating that the negotiations between India and the European Union on the proposed free trade agreement are progressing very well and have reached the last leg. Traders overlooked the government data showing that the unemployment rate for those aged 15 and above increased marginally to 5.2 per cent in September. On the global front, Asian markets are trading mostly in green on renewed hopes of a Federal Reserve rate cut. 

The BSE Sensex is currently trading at 83074.65, up by 469.22 points or 0.57% after trading in a range of 82791.35 and 83089.72. There were 23 stocks advancing against 7 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.33%, while Small cap index was up by 0.50%.

The top gaining sectoral indices on the BSE were Auto up by 1.14%, Consumer Discretionary up by 1.04%, Consumer Durables up by 0.98%, Realty up by 0.91% and Telecom up by 0.69%, while IT down by 0.28%, Oil & Gas down by 0.09% and TECK down by 0.07% were the top losing indices on BSE.

The top gainers on the Sensex were Titan Company up by 2.65%, Adani Ports & SEZ up by 2.41%, Tata Motors up by 2.26%, Axis Bank up by 1.90% and Mahindra & Mahindra up by 1.54%. On the flip side, TCS down by 0.74%, Tech Mahindra down by 0.62%, Infosys down by 0.58%, Sun Pharma down by 0.51% and SBI down by 0.18% were the top losers.

Meanwhile, Ministry of Statistics and Programme Implementation (MoSPI) in its Periodic Labour Force Survey (PLFS) has showed the unemployment rate among people aged 15 and above increased marginally to 5.2% in September. The unemployment rate for the age group was 5.1% in August, 5.2% in July and 5.6% in May and June. In September, the rural India has saw a rise in joblessness with unemployment rate among persons aged 15 years and above growing to 4.6% from 4.3% in August. Further, the joblessness among persons aged 15 years and above in urban India grew marginally in September, with unemployment rate reaching 6.8% from 6.7% August.

In September, the overall Worker Population Ratio (WPR) was 52.4%, the highest level recorded since May 2025. The growth is led by rise in the female workforce, especially in rural areas. The Overall WPR among females aged 15 years and above has steadily increased for the third month in a row from 30.2% in June to 32.3% in September. In last three months, the female workforce in rural areas has increased successively from 33.6% in June to 36.3% in September.

The overall Labour Force Participation Rate (LFPR) among persons of age 15 years and above continued to increase for the third month in a row, as it climbed from 54.2% in June to 55.3% in September. The LFPR in rural areas has also increased steadily from 56.1% observed in June to 57.4% in September. Meanwhile, it has remained unchanged at 50.9% in urban areas compared to August for persons aged 15 years and above.

The CNX Nifty is currently trading at 25458.95, up by 135.40 points or 0.53% after trading in a range of 25376.85 and 25461.30. There were 36 stocks advancing against 14 stocks declining on the index.

The top gainers on Nifty were Titan Company up by 2.65%, Adani Ports & SEZ up by 2.45%, Tata Motors up by 2.15%, Axis Bank up by 1.89% and Hindalco up by 1.64%. On the flip side, HDFC Life Insurance down by 1.79%, Shriram Finance down by 1.50%, SBI Life Insurance down by 1.26%, TCS down by 0.77% and Tech Mahindra down by 0.63% were the top losers.

Asian markets are trading mostly in green; Nikkei 225 surged 594.33 points or 1.25% to 48,267.00, Taiwan Weighted added 399.1 points or 1.46% to 27,674.81, Jakarta Composite gained 74.55 points or 0.93% to 8,125.73 and KOSPI increased 73.78 points or 2.02% to 3,731.06.

On the flip side, Hang Seng declined 163.6 points or 0.63% to 25,747.00, Straits Times fell 20.62 points or 0.47% to 4,347.80 and Shanghai Composite weakened 6.87 points or 0.18% to 3,905.34.

  RELATED NEWS >>