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Indices trade higher in early deals over strong Q2 GDP growth
Dec-01-2025

Indian equity markets have made positive start and are trading higher by over quarter percent in early deals on Monday on account of buying by funds and retail investors. Benchmark indices hit record highs. Sentiments. got boost after India’s economy grew by 8.2 per cent in July-September quarter (Q2) of the fiscal year 2025-26 against the growth rate of 5.6% during Q2 of FY 2024-25, helped by robust manufacturing and a buoyant services sector, especially financial, real estate and professional services. further, support also came in as Chief Economic Adviser V Anantha Nageswaran said that India’s economy is on track to grow 7 per cent in the financial year 2025–26 (FY26). He added that the third quarter (October–December) has commenced on a sound footing. Meanwhile, Crisil has raised its forecast for the country's Gross domestic product (GDP) growth to 7 per cent from 6.5 per cent for the current financial year (FY26).

On the global front, Asian markets were trading mostly in green following the broadly positive cues from US markets on Friday. Back home, on the BSE sectoral front, Metal, Auto, PSU, Basic Materials and IT, while selling was witnessed only in FMCG and Consumer Durables. 

The BSE Sensex is currently trading at 85990.05, up by 283.38 points or 0.33% after trading in a range of 85931.35 and 86159.02. There were 27 stocks advancing against 3 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.21%, while Small cap index up by 0.43%.

The top gaining sectoral indices on the BSE were Metal up by 1.05%, Auto up by 0.60%, PSU up by 0.57%, Basic Materials up by 0.55%, IT up by 0.50% while, FMCG down by 0.28% and Consumer Durables down by 0.07% were the only losing indices on BSE.

The top gainers on the Sensex were Adani Ports up by 1.37%, Tata MotorsPassenger up by 1.02%, SBI up by 0.97%, Bharat Electronics up by 0.85% and Tata Steel up by 0.80%. On the flip side, ITC down by 0.96%, Titan down by 0.32% and Bajaj Finance down by 0.20% were the few losers.

Meanwhile, Crisil has raised its forecast for the country's Gross domestic product (GDP) growth to 7 per cent from 6.5 per cent for the current financial year (FY26), following the first-half growth of 8 per cent that exceeded expectations. Chief economist of Crisil, Dharmakriti Joshi said that India's real GDP growth stood at 8.2 per cent in the second quarter of current financial year, exceeding expectations. However, due to easing inflation, the nominal GDP growth was modest at 8.7 per cent.

Joshi stated the first half growth of eight per cent and an expected slowdown to 6.1 per cent in the second half owing to the impact of higher US tariffs. Private consumption was the main driver of higher real GDP growth. From the supply side, growth in manufacturing and services saw a significant rise. He said lower food inflation stoked discretionary spending in the country.
Further, he said that the third quarter is expected to continue benefiting from these tailwinds. While government investment will stabilise likely, there could be a belated uptick in private investments. The rationalisation of GST rates is boosting private consumption, complementing reduced income tax and interest rate cuts induced by repo rate cuts by the Monetary Policy Committee of the RBI.

The CNX Nifty is currently trading at 26284.05, up by 81.10 points or 0.31% after trading in a range of 26270.35 and 26325.80. There were 42 stocks advancing against 8 stocks declining on the index.

The top gainers on Nifty were JSW Steel up by 1.93%, Adani Ports up by 1.43%, Tata MotorsPassenger up by 1.01%, Bharat Electronics up by 0.96% and SBI up by 0.87%. On the flip side, ITC down by 0.93%, Tata Consumer down by 0.40%, Interglobe Aviation down by 0.31%, Nestle down by 0.26% and Bajaj Finance down by 0.23% were the top losers. 

Asian markets were trading mostly in green; Jakarta Composite gained 4.21 points or 0.05% to 8,512.92, Shanghai Composite strengthened 16.3 points or 0.42% to 3,904.90, KOSPI increased 1.60 points or 0.04% to 3,928.19, Hang Seng advanced 248.11 points or 0.96% to 26,107.00 and Straits Times rose 8.75 points or 0.19% to 4,532.71. However, Nikkei 225 slipped 925.91 points or 1.84% to 49,328.00 and Taiwan Weighted lost 148.66 points or 0.54% to 27,477.82.


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