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Markets add gains in late trade
Oct-16-2025

Indian equity markets added some gains in late trade with banks leading the charge after Axis banks reported healthy loan growth which raise optimism about banking stocks. Besides, hopes over a possible rate cut by RBI, raised among market participants on account of easing inflation. The optimism over rate cut was supported by Crisil Intelligence’s report indicating 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. 

On the global front, Asian equity markets were trading mostly in green amid growing expectations of imminent U.S. Federal Reserve rate cuts. European equity markets were trading mostly in red amid reports that the British economy expanded by a meager 0.1% in August.

The BSE Sensex is currently trading at 83475.84, up by 870.41 points or 1.05% after trading in a range of 82791.35 and 83492.87. There were 27 stocks advancing against 3 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index gained 0.35%, while Small cap index was up by 0.51%.

The top gaining sectoral indices on the BSE were Realty up by 1.90%, FMCG up by 1.56%, Consumer Durables up by 1.56%, Bankex up by 1.34% and Consumer Discretionary up by 1.19%. Meanwhile, there were no losers on BSE sectoral index.

The top gainers on the Sensex were Kotak Mahindra Bank up by 2.88%, Titan Company up by 2.78%, Axis Bank up by 2.20%, Adani Ports & SEZ up by 2.07% and Mahindra & Mahindra up by 1.84%. On the flip side, Eternal down by 0.75%, Infosys down by 0.08% and TCS down by 0.03% were the top losers.

Meanwhile, Union Minister of Commerce and Industry, Piyush Goyal has said that the Government’s policies are aimed at ensuring balanced growth that benefits all sections of society, strengthens the domestic economy, and positions India prominently on the global stage. He further pointed to the International Monetary Fund’s recent upward revision of India’s growth projection to 6.6 percent for 2025, an increase from its earlier estimate of 6.4 percent, as evidence of the country’s economic resilience and strong fundamentals. He emphasized that great and advanced nations achieve their status through a focus on technology and innovation, and that India must follow this path to attain its developmental goals.

He further highlighted India’s strategic approach to integrating with global economies while ensuring that domestic industries remain competitive. He emphasized that for India to become an advanced economy, it is essential to engage actively with international markets, explore opportunities for trade, and attract investment, while at the same time maintaining a balance between global integration and domestic industry protection. He outlined the government’s consistent focus on negotiating free trade agreements and expanding India’s global trade footprint.

He acknowledged the chemical and petrochemical sector’s significant potential and its strategic role in the nation’s overall development. He noted that the sector has wide-ranging applications and influence across multiple industries, including agriculture, healthcare, infrastructure, construction, energy, and mobility. He emphasized that the sector’s products and services are omnipresent, directly or indirectly affecting almost every aspect of the manufacturing and consumption ecosystem. He urged industry leaders to carefully assess their strengths and identify areas where India can gain a competitive advantage globally. He highlighted the need for the sector to aim for leadership in international trade by increasing India’s share in global exports and moving beyond the current modest contributions.

The CNX Nifty is currently trading at 25595.60, up by 272.05 points or 1.07% after trading in a range of 25376.85 and 25598.95. There were 44 stocks advancing against 6 stocks declining on the index.

The top gainers on Nifty were Nestle up by 4.32%, Kotak Mahindra Bank up by 2.84%, Titan Company up by 2.76%, Tata Consumer Products up by 2.36% and Axis Bank up by 2.13%. On the flip side, HDFC Life Insurance down by 2.38%, Eternal down by 0.86%, SBI Life Insurance Company down by 0.78%, Shriram Finance down by 0.44% and Infosys down by 0.07% were the top losers.

Asian equity markets were trading mostly in green; Nikkei 225 surged 595.33 points or 1.23% to 48,268.00, Hang Seng advanced 1.4 points or 0.01% to 25,912.00, Taiwan Weighted added 372.16 points or 1.35% to 27,647.87, Shanghai Composite strengthened 4.02 points or 0.1% to 3,916.23, Jakarta Composite gained 68.05 points or 0.84% to 8,119.23 and KOSPI increased 91.09 points or 2.43% to 3,748.37, while Straits Times fell 12.8 points or 0.29% to 4,355.62.

European equity markets were trading mostly in red; France’s CAC rose 20.8 points or 0.26% to 8,097.80, while UK’s FTSE 100 decreased 5.85 points or 0.06% to 9,418.90 and Germany’s DAX lost 8.87 points or 0.04% to 24,172.50.

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