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Sensex, Nifty trade higher on firm global cues
Nov-20-2025

Indian equity benchmarks started the session in green on Thursday following the broadly positive cues from Wall Street overnight as well as strong cues from Asian counterparts, boosted by strong gains in technology stocks after the sector regained confidence in the artificial intelligence trade on upbeat earnings results from chip giant and AI darling Nvidia. Sensex and Nifty were trading higher in early deals amid foreign fund inflows. Foreign institutional investors (FIIs) were net buyers of shares worth Rs 1,580.72 crore on Wednesday. Traders took note of Sebi chairman Tuhin Kanta Pandey’s statement that the markets regulator Sebi is actively working towards the end-to-end digitisation of the Foreign Portfolio Investor (FPI) registration process, leveraging digital signatures to make it entirely paperless.

On the sectoral front, textile stocks were in focus as industry bodies are seeking relief measures to arrest the fall in shipments, expected to exacerbate in the coming months. Hit by the steep 50 per cent tariffs imposed by the US, India's textile exports declined 12.91 per cent in October.

The BSE Sensex is currently trading at 85313.61, up by 127.14 points or 0.15% after trading in a range of 85280.05 and 85470.96. There were 21 stocks advancing against 9 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.02%, while Small cap index was up by 0.04%.

The top gaining sectoral indices on the BSE were Utilities up by 0.59%, Metal up by 0.53%, Capital Goods up by 0.36%, Energy up by 0.34% and Auto up by 0.33%, while Realty down by 0.21%, Consumer Durables down by 0.19%, Healthcare down by 0.17%, Telecom down by 0.05% and IT down by 0.05% were the top losing indices on BSE.

The top gainers on the Sensex were Adani Ports & SEZ up by 0.99%, Reliance Industries up by 0.98%, Power Grid up by 0.74%, Axis Bank up by 0.59% and Mahindra & Mahindra up by 0.57%. On the flip side, HCL Technologies down by 0.59%, Asian Paints down by 0.58%, Eternal down by 0.42%, ICICI Bank down by 0.41% and Maruti Suzuki down by 0.28% were the top losers.

Meanwhile, the United Nations Department of Economic and Social Affairs (UN DESA) in its report titled ‘The 'World Urbanisation Prospects 2025: Summary of Results’, has said that India is among seven countries that will shape the future growth of the city population of the world as they are expected to add more than 500 million city residents between 2025 and 2050, accounting for over half of the projected 986 million increase in the global number of city dwellers over that period. The success or failure of urbanisation in these key countries will shape global development outcomes. Their ability to manage city growth sustainably will have profound implications not only for their populations but also for global progress toward the Sustainable Development Goals and climate objectives.

It said that the world is becoming increasingly urban, with cities now home to 45 per cent of the global population of 8.2 billion. It noted that the growth of the world's city population between now and 2050 will be concentrated in seven countries: India, Nigeria, Pakistan, Democratic Republic of the Congo, Egypt, Bangladesh and Ethiopia. These seven countries, which host nearly one third (30 per cent) of the global population in 2025, will shape the future growth of the city population and are projected to contribute over half of the global growth of city dwellers by 2050.

The report said that the two most populous countries, India and China, will also have the largest populations residing in towns between now and 2050. As of 2025, the proportion of people living in towns has reached 44 per cent in India and 40 per cent in China. Together, India and China account for more than 1.2 billion town population, representing over 40 per cent of the population living in towns globally. However, both countries also have substantial city populations, with a combined population of nearly 1.2 billion (627 million in China and 589 million in India in 2025).

Between 1950 and 1975, both countries experienced rapid growth in their city populations, but this pace slowed between 1975 and 2000 and in subsequent years, largely due to declining fertility rates and slower overall population growth. Despite this deceleration, city population growth has outpaced town population growth, resulting in a decrease in the share of people living in towns. Each country still has more than 200 million people residing in rural areas, a figure that is expected to remain relatively stable through 2050.

The report said that the number of megacities quadrupled from eight in 1975 to 33 in 2025, with 19 in Asia. Projections indicate that there will be 37 megacities globally by 2050, as the populations of Addis Ababa (Ethiopia), Dar es Salaam (United Republic of Tanzania), Hajipur (India) and Kuala Lumpur (Malaysia) grow to over 10 million. Among the 33 megacities with 10 million inhabitants or more in 2025, 19 are in Asia. India alone has five megacities, and China has four. Worldwide, more than 3,000 cities experienced population decline between 2015 and 2025.

The CNX Nifty is currently trading at 26077.95, up by 25.30 points or 0.10% after trading in a range of 26063.20 and 26136.00. There were 32 stocks advancing against 17 stocks declining, while 1 stock remain unchanged on the index.

The top gainers on Nifty were Adani Enterprises up by 1.32%, Hindalco up by 1.03%, Adani Ports & SEZ up by 0.88%, Power Grid up by 0.80% and Reliance Industries up by 0.73%. On the flip side, HDFC Life Insurance down by 1.35%, HCL Technologies down by 0.72%, Dr. Reddy's Lab down by 0.70%, Asian Paints down by 0.56% and Max Healthcare Inst down by 0.55% were the top losers.

All Asian markets are trading higher; Nikkei 225 surged 1204.3 points or 2.48% to 49,742.00, Taiwan Weighted jumped 844.32 points or 3.18% to 27,424.44, KOSPI rose 116.49 points or 2.96% to 4,046.00, Jakarta Composite gained 65.14 points or 0.77% to 8,471.72, Hang Seng advanced 36.35 points or 0.14% to 25,867.00, Shanghai Composite strengthened 14.97 points or 0.38% to 3,961.71 and Straits Times was up by 11.31 points or 0.25% to 4,516.53.

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