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Key gauges trade in green in morning deals
Nov-19-2025

Indian equity benchmarks were trading in green in morning deals, led by gains in IT, TECK and Auto stocks. Traders took support as a SBI research report stated that India's Gross Domestic Product (GDP) growth is likely to reach 7.5 per cent or more in the second quarter of the current fiscal (Q2FY26), with the help of robust festive sales triggered by the GST rate cut in late September. However, gains remained capped as some concerns came with exchange data showed foreign institutional investors (FIIs) offloaded equities worth Rs 728.82 crore on Tuesday. Sector-wise, textile stocks remained in watch as the Textile Ministry said the government has approved 17 new applicants under the Production Linked Incentive (PLI) Scheme for textiles in the third round. The move is set to further accelerate investment, boost domestic manufacturing, and enhance India's global competitiveness in the Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles sectors. On the global front, Asian markets are trading mostly in red as investors braced for earnings from Nvidia and the release of all-important delayed U.S. jobs report.

The BSE Sensex is currently trading at 84906.77, up by 233.75 points or 0.28% after trading in a range of 84525.98 and 84914.49. There were 16 stocks advancing against 14 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index rose 0.19%, while Small cap index was down by 0.23%.

The top gaining sectoral indices on the BSE were IT up by 2.15%, TECK up by 1.52%, Auto up by 0.48%, Consumer Discretionary up by 0.26% and Consumer Durables up by 0.14%, while Industrials down by 0.38%, Capital Goods down by 0.37%, Realty down by 0.30%, Power down by 0.25% and Healthcare down by 0.19% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 2.99%, HCL Technologies up by 2.12%, TCS up by 1.53%, Hindustan Unilever up by 1.39% and Tech Mahindra up by 1.10%. On the flip side, Tata Motors Passenger down by 1.25%, Bharat Electronics down by 0.49%, HDFC Bank down by 0.44%, NTPC down by 0.41% and Power Grid Corporation down by 0.40% were the top losers.

Meanwhile, rating agency Icra in its latest report has said that domestic aviation industry's net losses are projected to nearly double to Rs 9,500 crore to Rs 10,500 crore in the current fiscal (FY26) as compared to an estimated loss of Rs 5500 crore in FY25, mainly impacted by moderating passenger growth and higher costs due to aircraft deliveries. The agency also said the expected losses are significantly lower than Rs 21,600 crore and Rs 17,900 crore reported in FY22 and FY23, respectively. 

While maintaining a stable outlook and projecting 4-6 per cent domestic passenger traffic growth in FY26, it said the airline industry's financial performance is expected to remain under pressure. It said growth prospects for the current fiscal year are expected to remain moderate due to cross-border tensions, global disruptions, travel hesitancy post the June 2025 aircraft tragedy and recent disruptions related to air traffic control operations. Further, it forecasts the industry's interest coverage ratio to range between 1.5 and 1.7 times for FY26. In the last financial year, the passenger traffic growth was 7.6 per cent, translating to total passenger volumes of 16.53 crore. 

In October, domestic air passenger traffic is estimated to have reached 1.43 crore, a year-on-year growth of 4.5 per cent and a sequential increase of 12.9 per cent from September. It said ‘This momentum in travel demand was supported by an expansion in capacity, with domestic departures reaching approximately 99,816 during October, representing a sequential increase of 10.8 per cent and a 1.7 per cent rise year-on-year.’

The CNX Nifty is currently trading at 25965.80, up by 55.75 points or 0.22% after trading in a range of 25856.20 and 25968.25. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were Infosys up by 2.93%, Max Healthcare Inst up by 2.49%, HCL Technologies up by 2.06%, TCS up by 1.52% and Hindustan Unilever up by 1.37%. On the flip side, Tata Motors Passenger down by 1.27%, Coal India down by 0.87%, HDFC Bank down by 0.50%, Apollo Hospital down by 0.48% and Bharat Electronics down by 0.46% were the top losers. 

Asian markets are trading mostly in red; Nikkei 225 slipped 33.98 points or 0.07% to 48,669.00, Taiwan Weighted lost 168.55 points or 0.63% to 26,587.57, Shanghai Composite weakened 1.52 points or 0.04% to 3,938.29, KOSPI dropped 20.10 points or 0.51% to 3,933.52, Hang Seng declined 103.03 points or 0.4% to 25,827.00 and Straits Times fell 1.17 points or 0.03% to 4,503.50.

On the flip side, Jakarta Composite gained 53.81 points or 0.64% to 8,415.74. 

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