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Indices remain in green in late morning deals
Nov-19-2025

Indian equity markets remained in green and were trading marginally higher in late morning deals on account of buying in Infosys, HCL Technologies, TCS, Hindustan Unilever and Tech Mahindra companies’ stocks. The sentiments were supported by Indian rupee appreciating 15 paise to 88.45 against the dollar at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks. Further, there was some encouragement as Union Minister of Commerce and Industry, Piyush Goyal has emphasised that the India-US partnership remains strong, stable and continuously expanding across strategic and economic sectors. However, gains remained capped as a private report said India's current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than its earlier projection of 1.2 per cent.

On the global front, Asian markets were trading mostly in red following negative cues from the US markets overnight. Back home, on the BSE sectoral front, traders were seen piling up positions in IT, TECK, Auto, Consumer Disc and Consumer Durables, while selling was witnessed in Realty, Industrials, Capital Goods, Energy and Power.

The BSE Sensex is currently trading at 84836.15, up by 163.13 points or 0.19% after trading in a range of 84525.98 and 84960.37. There were 14 stocks advancing against 16 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index was up by 0.11%, while Small cap index down by 0.36%.

The top gaining sectoral indices on the BSE were IT up by 2.71%, TECK up by 1.88%, Auto up by 0.09%, Consumer Disc up by 0.02% and Consumer Durables up by 0.02%, while Realty down by 0.89%, Industrials down by 0.57%, Capital Goods down by 0.57%, Energy down by 0.46% and Power down by 0.43% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 3.75%, HCL Technologies up by 3.45%, TCS up by 1.99%, Hindustan Unilever up by 1.54% and Tech Mahindra up by 1.41%. On the flip side, Tata MotorsPassenger down by 1.83%, Maruti Suzuki down by 1.13%, Adani Ports &Special down by 0.98%, HDFC Bank down by 0.71% and ITC down by 0.68% were the top losers. 
Meanwhile, rating agency ICRA has projected India’s Gross domestic product (GDP) growth to moderate to 7 per cent in July-September period of FY26 (Q2FY26), from 7.8 per cent in the previous quarter, amid lower government spending. Indian economy had expanded 5.6 per cent in the Q2 (July-September) of 2024-25 fiscal.

ICRA said while the services and agriculture sectors would lose some momentum in the second quarter, industrial performance would be strong propelled by manufacturing, construction and favourable base effects. This is expected to underpin the quarter's economic activity.

ICRA chief economist Aditi Nayar said a lower YoY rise in government spending is likely to weigh on the pace of the GDP and GVA growth in Q2 FY2026 compared to Q1 FY2026. However, she said inventory stocking related to the early onset of the festive season, enhanced by the GST-rationalisation induced volume pick-up, and upfronting of exports to the US ahead of the tariffs, are expected to boost the performance of the manufacturing sector, and help industry GVA growth outpace that of the services after a gap of four quarters.

The CNX Nifty is currently trading at 25938.40, up by 28.35 points or 0.11% after trading in a range of 25856.20 and 25979.15. There were 23 stocks advancing against 27 stocks declining on the index.

The top gainers on Nifty were Infosys up by 3.61%, HCL Technologies up by 3.32%, Max Healthcare up by 3.19%, TCS up by 1.98% and Wipro up by 1.84%. On the flip side, Tata MotorsPassenger down by 1.90%, Maruti Suzuki down by 1.12%, Adani Ports &Special down by 1.09%, Coal India down by 0.92% and Adani Enterprises down by 0.81% were the top losers.

Asian markets were trading mostly in red; Nikkei 225 slipped 240.98 points or 0.49% to 48,462.00, Taiwan Weighted lost 123.64 points or 0.46% to 26,632.48, Shanghai Composite weakened 7.38 points or 0.19% to 3,932.43, KOSPI dropped 44.39 points or 1.12% to 3,909.23, Hang Seng declined 157.03 points or 0.61% to 25,773.00 and Straits Times fell 2.15 points or 0.05% to 4,502.52. However, Jakarta Composite gained 57.19 points or 0.68% to 8,419.12.

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