HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets continue to trade higher in late afternoon session
Oct-20-2025

Indian equity markets continued to trade higher in late afternoon session. Traders reacted positively to healthy Q2 earnings posted by market heavy weights like HDFC Bank and Reliance Industries. Besides, optimism over India-US trade deal kept the sentiments upbeat. India and US have agreed to conclude the first phase of the bilateral trade deal by next month. Further, investors remained optimistic over India’s exports after Commerce and Industry Minister Piyush Goyal has said that despite global uncertainties due to the US tariffs, India's exports will register a positive growth in 2025-26. He said that during the first six months (April-September) of this fiscal, the country's goods and services exports have recorded growth.

On the global front, Asian equity markets were trading mostly in green following the broadly positive cues from Wall Street on Friday. European equity markets were trading mostly in green amidst an easing tensions between the U.S. and China after U.S. President Donald Trump said the high tariffs he has threatened on Chinese imports are probably not (sustainable).

The BSE Sensex is currently trading at 84277.86, up by 325.67 points or 0.39% after trading in a range of 84233.12 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 0.67%, while Small cap index was up by 0.46%.

The top gaining sectoral indices on the BSE were Energy up by 1.42%, TECK up by 1.16%, Oil & Gas up by 1.06%, Telecom up by 1.03% and PSU up by 0.90%, while Metal down by 0.23%, Basic Materials down by 0.16%, Consumer Durables down by 0.06%, Consumer Discretionary down by 0.05% and Auto down by 0.02% were the top losing indices on BSE.

The top gainers on the Sensex were Reliance Industries up by 3.48%, Bajaj Finserv up by 2.41%, Axis Bank up by 2.15%, SBI up by 1.80% and TCS up by 1.80%. On the flip side, ICICI Bank down by 2.88%, Eternal down by 1.46%, Mahindra & Mahindra down by 1.36%, Adani Ports & SEZ down by 0.89% and Power Grid Corporation of India down by 0.64% were the top losers.

Meanwhile, 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.

He noted that this strategic approach allows India to safeguard its domestic industries, promote exports, and create opportunities for investment and technology collaboration, while avoiding agreements that could disproportionately benefit the other party at India’s expense. The Minister also said that the world today recognises India as an important trading partner and a trusted country to work with. He observed that the days when India used to negotiate trade agreements from a position of weakness are over, and that the Indian passport now commands respect and value across the world. 

Goyal pointed out that while the world is facing challenging global times, India continues to demonstrate resilience and remains the fastest-growing economy. He referred to the recent IMF projection that raised India’s growth forecast from 6.4 to 6.6 percent and also mentioned that retail inflation in September had been the lowest in eight years at 1.54 percent. The Minister stated that gone are the days when India entered into imbalanced free trade agreements without recognising its own strengths. 

Commerce Minister further said that the Indian economy has been systematically prepared to address present and future challenges, guided by a clear vision and a strong commitment to the nation-first philosophy. He recalled the five principles, the Panch Pran, articulated by the Prime Minister on August 15, 2022, which he said encapsulate the pathway towards making India a developed nation by 2047. Besides, he said that the government has worked to make India an attractive destination for business through ease of doing business measures, decriminalisation of laws and simplification of processes and compliance.

The CNX Nifty is currently trading at 25833.90, up by 124.05 points or 0.48% after trading in a range of 25788.50 and 25926.20. There were 30 stocks advancing against 19 stocks declining on the index.

The top gainers on Nifty were Cipla up by 3.96%, Reliance Industries up by 3.59%, Shriram Finance up by 2.68%, Bajaj Finserv up by 2.45% and Dr. Reddy's Laboratories up by 2.27%. On the flip side, ICICI Bank down by 2.77%, JSW Steel down by 1.91%, Eternal down by 1.46%, Mahindra & Mahindra down by 1.24% and Adani Ports & SEZ down by 0.94% were the top losers. 

Asian equity markets were trading mostly in green; Nikkei 225 surged 1472.85 points or 3% to 49,055.00, Hang Seng advanced 622.9 points or 2.41% to 25,870.00, Taiwan Weighted added 386.26 points or 1.4% to 27,688.63, Shanghai Composite strengthened 24.13 points or 0.62% to 3,863.89, KOSPI increased 65.80 points or 1.72% to 3,814.69 and Jakarta Composite gained 179.48 points or 2.22% to 8,095.14, while Straits Times fell 27.27 points or 0.63% to 4,328.93.

European equity markets were trading mostly in green; UK’s FTSE 100 increased 32.93 points or 0.35% to 9,387.50 and Germany’s DAX gained 248.51 points or 1.04% to 24,079.50, while France’s CAC fell 12.6 points or 0.15% to 8,161.60.

  RELATED NEWS >>