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Indices trade slightly in green in late morning deals
Nov-03-2025

Indian equity indices traded slightly in green in late morning deals on account of buying in Mahindra & Mahindra, SBI, Eternal, Tata MotorsPassenger and HDFC Bank. Meanwhile, broader indices outperformed their large peers with BSE Mid cap index and Small cap index gaining in the range of 0.35-0.60%. There was some encouragement in markets as the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) surged to 59.2 in October from 57.7 in September, indicating a quicker improvement in the health of the sector.

On the global front, Asian markets were trading mostly in green following positive cues from the US markets on Friday. Back home, on the BSE sectoral front, traders were seen piling up positions in Realty, Oil & Gas, Energy, Metal and PSU, while selling was witnessed in Consumer Durables, FMCG and IT. 

The BSE Sensex is currently trading at 83991.89, up by 53.18 points or 0.06% after trading in a range of 83609.54 and 84052.26. There were 12 stocks advancing against 18 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.37%, while Small cap index up by 0.58%.

The top gaining sectoral indices on the BSE were Realty up by 1.83%, Oil & Gas up by 0.99%, Energy up by 0.78%, Metal up by 0.64% and PSU up by 0.64%, while Consumer Durables down by 0.54%, FMCG down by 0.34% and IT down by 0.01% were the top losing indices on BSE.

The top gainers on the Sensex were Mahindra & Mahindra up by 2.08%, SBI up by 1.05%, Eternal up by 0.72%, Tata MotorsPassenger up by 0.71% and HDFC Bank up by 0.48%. On the flip side, Maruti Suzuki down by 3.18%, Bharat Electronics down by 1.14%, ITC down by 1.06%, Titan down by 0.98% and Hindustan Unilever down by 0.68% were the top losers.

Meanwhile, the think tank GTRI has said that India's exports to the US have dipped 37.50% during May-September 2025 from $8.80 billion in May to $5.50 billion in September. Further, exports of pharmaceuticals, smartphones, metals and auto have declined during the period. It added that the exports of pharmaceutical products fell 15.70% from $745.60 million in May to $628.30 million in September.

It highlighted that the exports industrial metals and auto parts which face uniform tariffs for all countries, have experienced a modest drop of 16.70% from $0.60 billion to $0.50 billion. It noted that the exports of Aluminium saw 37% fall, copper exports declined 25%, auto parts exports dipped 12% and exports of iron-steel decreased 8%. It added that the dip likely reflects softer U.S. industrial activity rather than lost competitiveness, as similar duties are imposed on global suppliers. 

Moreover, the exports of labour-intensive sectors such as textiles, gems and jewellery, chemicals, agri-foods, and machinery endured a 33% decline during May-September 2025, from $4.80 billion to $3.20 billion. During the same period, the shipment of textiles and garments also declined 37%, from $944 million to $597 million. Besides, marine and seafood exports have witnessed a 49% decline, from $223 million to $113 million. The US imposed a total of 50% tariff on a wide range of Indian products effective from August 27.

The CNX Nifty is currently trading at 25753.80, up by 31.70 points or 0.12% after trading in a range of 25645.50 and 25773.45. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were Shriram Finance up by 4.72%, Mahindra & Mahindra up by 2.02%, Apollo Hospital up by 1.07%, SBI up by 1.04% and Interglobe Aviation up by 0.89%. On the flip side, Maruti Suzuki down by 3.16%, Max Healthcare Inst down by 1.33%, Bharat Electronics down by 1.13%, Titan down by 1.07% and ITC down by 1.02% were the top losers.

Asian markets were trading mostly in green; Taiwan Weighted added 101.24 points or 0.36% to 28,334.59, KOSPI increased 97.16 points or 2.31% to 4,204.66, Hang Seng advanced 124.35 points or 0.48% to 26,031.00, Jakarta Composite surged 94.96 points or 1.16 % to 8,258.83 and Straits Times rose 20.30 points or 0.46 % to 4,448.92. However, and Shanghai Composite weakened 7.58 points or 0.19% to 3,947.21. 

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