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Bourses trim some gains in early afternoon session
Oct-20-2025

Indian markets trimmed some gains but continued to trade in green during early afternoon session following positive cues from other Asian markets. Traders took note of report that Union Minister of Commerce and Industry Piyush Goyal has said that India has undergone a significant shift in recent years and that it now negotiates from a position of strength, reflecting the country’s growing economic confidence and global stature in terms of India’s approach to Free Trade Agreements and other trading arrangements. He said that the country is now engaging primarily with nations that are not competitors to India, ensuring that trade partnerships are balanced and mutually beneficial. On the global front, Asian markets were trading in green even after China's economy logged a slower growth in the third quarter. Gross domestic product expanded 4.8 percent on a yearly basis in the third quarter after rising 5.2 percent a quarter ago. Nonetheless, the pace of growth was slightly better than forecast of 4.7 percent. 

The BSE Sensex is currently trading at 84373.07, up by 420.88 points or 0.50% after trading in a range of 84239.70 and 84656.56. There were 17 stocks advancing against 13 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index gained 0.70%, while Small cap index was up by 0.23%.

The top gaining sectoral indices on the BSE were Energy up by 1.32%, TECK up by 1.27%, PSU up by 1.01%, Oil & Gas up by 0.95% and IT was up by 0.87%, while Consumer Durables down by 0.22%, Basic Materials down by 0.10%, Consumer discretionary down by 0.04% and Metal was down by 0.01% were the top losing indices on BSE.

The top gainers on the Sensex were Reliance Industries up by 3.38%, Bajaj Finserv up by 2.79%, Axis Bank up by 2.15%, SBI up by 2.14% and Bharti Airtel up by 1.99%. On the flip side, ICICI Bank down by 2.22%, Eternal down by 1.33%, Mahindra & Mahindra down by 1.10%, Ultratech Cement down by 0.56% and Adani Ports down by 0.51% were the top losers.

Meanwhile, the industry body Society of Indian Automobile Manufacturers’ (SIAM) data has showed a 26% year-on-year (Y-o-Y) growth in India’s Automobile exports to 16,85,761 units for the September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period. Further, exports of utility vehicles rose 26% Y-o-Y to 1,13,374 units during the quarter. Moreover, Van exports increased 39% Y-o-Y to 2,667 units in September quarter. The exports of commercial vehicle saw 22% Y-o-Y rise to 24,011 units during the quarter. 

During the September quarter of 2025, the Two-wheeler exports saw an increase of 25% to 12,95,468 units as against 10,35,997 units in the year-ago period. The Scooter shipments also rose 12% Y-o-Y to 1,77,957 units, while motorcycles witnessed a growth of 27% Y-o-Y to 11,08,109 units during the quarter. Besides, exports of Moped surged to 9,402 units in the second quarter as compared with 2,028 units in the same period last year. Similarly, three-wheeler exports witnessed an increase of 51% Y-o-Y to 1,23,480 units in the September quarter. The SIAM has noted that the strong exports growth in all segments in Q2 indicates the growing brand acceptance of made-in-India vehicles. 

On growth outlook for second half of FY2025-26, it said that the Indian Automobile industry has entered second half with renewed cheer, supported by strong festive season momentum, stable macroeconomic conditions, and GST 2.0 reforms that have improved overall affordability and consumer sentiment. Further, the extended festive and wedding season is expected to sustain the growth momentum through Q3, reinforcing positive consumer sentiment across all vehicle categories. It also noted that while the industry remains watchful of geopolitical developments, the overall outlook for rest of the current Financial Year remains encouraging, with the sector expected to close the fiscal year on a positive growth trajectory.

The CNX Nifty is currently trading at 25842.65, up by 132.80 points or 0.52% after trading in a range of 25788.50 and 25926.20. There were 34 stocks advancing against 16 stocks declining on the index.

The top gainers on Nifty were Reliance Industries up by 3.37%, Bajaj Finserv up by 2.79%, SBI up by 2.21%, Axis Bank up by 2.17% and Shriram Finance up by 2.01%. On the flip side, ICICI Bank down by 2.27%, Eternal down by 1.27%, Mahindra & Mahindra down by 0.98%, JSW Steel down by 0.86% and SBI Life down by 0.71% were the top losers.

Asian markets were trading in green; Nikkei 225 surged 1472.85 points or 3% to 49,055.00, Hang Seng advanced 602.9 points or 2.39% to 25,850.00, Taiwan Weighted added 386.26 points or 1.4% to 27,688.63, Jakarta Composite gained 171.63 points or 2.17% to 8,087.29, KOSPI increased 65.80 points or 1.72% to 3,814.69 and Shanghai Composite was up by 24.13 points or 0.63% to 3,863.89.

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