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Key gauges continue to trade in green in morning deals
Dec-01-2025

Indian equity benchmarks continued to trade in green in morning deals, after India's economy grew at a higher-than-expected 8.2 per cent in July-September - the fastest pace in six quarters. Some support also came as Crisil 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. Traders took a note of data compiled by S&P Global showing that India’s manufacturing activity continued to expand in November, with the Manufacturing Purchasing Managers’ Index (PMI) at 56.6, down from 59.2 in October. The overall growth remained strong, with the index staying well above the neutral mark. On the global front, Asian markets were trading mostly in green, following the broadly positive cues from Wall Street on Friday, as renewed optimism about the outlook for interest rates continued to contribute to the recent rebound in the markets following dovish comments from leading US Fed officials.

The BSE Sensex is currently trading at 85948.30, up by 241.63 points or 0.28% after trading in a range of 85931.35 and 86159.02. There were 18 stocks advancing against 12 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.26%, while Small cap index was up by 0.52%.

The top gaining sectoral indices on the BSE were Metal up by 0.75%, Bankex up by 0.62%, Telecom up by 0.61%, Auto up by 0.55% and PSU up by 0.50%, while Consumer Durables down by 0.48%, FMCG down by 0.29%, Healthcare down by 0.10%, Utilities down by 0.04% and Power down by 0.01% were the top losing indices on BSE.

The top gainers on the Sensex were Adani Ports &SEZ up by 1.74%, Kotak Mahindra Bank up by 1.68%, Tata Motors Passenger up by 1.36%, Eternal up by 1.03% and Bharat Electronics up by 0.96%. On the flip side, Titan Company down by 0.86%, ITC down by 0.73%, Bajaj Finance down by 0.66%, Sun Pharma down by 0.58% and Asian Paints down by 0.44% were the top losers.

Meanwhile, the data released by the Controller General of Accounts (CGA) showed that India’s fiscal deficit stood at 52.60% of the full-year budget target at the end of October 2025. The fiscal deficit was 46.5% of the Budget Estimates (BE) of 2024-25 in the first seven months of the previous financial year. The data showed that gap between the government's expenditure and revenue, was around Rs 8.25 lakh crore in the April-October period of 2025-26.

The government had estimated the fiscal deficit at 4.40% of the GDP, or Rs 15.69 lakh crore, during 2025-26. The CGA data revealed that the total revenue receipts at the end of first seven months of FY26 stood at around Rs 18 lakh crore or 51.50% of budgeted estimate of around Rs 34.96 lakh crore. During the same period, government has reported tax revenue at around Rs 12.74 lakh crore as compared to FY26 budgeted estimate of Rs 28.37 crore.

On the expenditure front, the government has achieved 55.10% of its budgeted capital expenditure of around Rs 11.21 lakh crore for FY26. The capital expenditure stood at around Rs 6.17 lakh crore at the end of first seven months of FY26. In the same period, the government has spent around Rs 26.25 lakh crore, 51.80% of its budgeted expenditure at around Rs 50.65 lakh crore for FY26.

The CNX Nifty is currently trading at 26259.40, up by 56.45 points or 0.22% after trading in a range of 26258.15 and 26325.80. There were 28 stocks advancing against 22 stocks declining on the index.

The top gainers on Nifty were Kotak Mahindra Bank up by 1.68%, Adani Ports &SEZ up by 1.60%, Tata Motors Passenger up by 1.26%, Shriram Finance up by 1.13% and Eternal up by 0.93%. On the flip side, Titan Company down by 0.89%, Tata Consumer Product down by 0.80%, Sun Pharma down by 0.69%, Bajaj Finance down by 0.67% and ITC down by 0.66% were the top losers.

Asian markets were trading mostly in green; Jakarta Composite gained 9.1 points or 0.11% to 8,517.81, Shanghai Composite strengthened 12.9 points or 0.33% to 3,901.50, Hang Seng advanced 106.11 points or 0.41% to 25,965.00 and Straits Times rose 9.53 points or 0.21% to 4,533.49.

On the flip side, KOSPI dropped 15.76 points or 0.4% to 3,910.83, Nikkei 225 slipped 984.91 points or 1.96% to 49,269.00 and Taiwan Weighted lost 131 points or 0.47% to 27,495.48.


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