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Indices trade lower in early deals on Tuesday
Dec-02-2025

Indian equity markets have made negative start and are trading in red in early deals on Tuesday on account selling in HDFC Bank, ICICI Bank, Axis Bank, Reliance Industries and Ultratech Cement companies’ stocks. Sentiments were subdued as India’s industrial output growth, measured in terms of the Index of Industrial Production (IIP), grew 0.4 per cent (Year-on-Year) in October 2025. The slow growth in the month could be attributed to less number of working days because of a number of festivals in the month including Dussehra, Dipawali and Chhath. Further, traders were also cautious as Gross Goods and Services Tax (GST) collection rose at a slower pace of 0.7% in November 2025 at Rs 1.70 lakh crore, as domestic revenues declined. Gross Goods and Services Tax collection was over Rs 1.69 lakh crore in November 2024.

On the global front, Asian markets were trading mostly in green as traders continued to be optimistic about the outlook for interest rates following recent dovish comments from leading US Fed officials and weak US manufacturing data. Back home, on the BSE sectoral front, traders were seen piling up positions in Oil & Gas, Telecom, PSU, TECK and Energy, while selling was witnessed in Bankex, Basic Materials and Power. 

The BSE Sensex is currently trading at 85464.88, down by 177.02 points or 0.21% after trading in a range of 85261.88 and 85553.51. There were 16 stocks advancing against 14 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index was up by 0.25%, while Small cap index down by 0.22%.

The top gaining sectoral indices on the BSE were Oil & Gas up by 0.59%, Telecom up by 0.56%, PSU up by 0.42%, TECK up by 0.37% and Energy up by 0.32%, while Bankex down by 0.30%, Basic Materials down by 0.09% and Power down by 0.09% were the top losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 1.55%, Bharti Airtel up by 0.86%, Maruti Suzuki up by 0.74%, Bajaj Finance up by 0.73% and Infosys up by 0.63%. On the flip side, HDFC Bank down by 1.20%, ICICI Bank down by 1.04%, Axis Bank down by 0.42%, Reliance Industries down by 0.34% and Ultratech Cement down by 0.31% were the top losers.

Meanwhile, the government in its latest data has showed that Foreign direct investment (FDI) equity inflows into India rose 18 per cent to $35.18 billion during April-September this fiscal year (H1FY26). Foreign Direct Investment (FDI) equity inflows during April-September FY25 stood at $29.79 billion. During the September quarter of 2025-26, the inflows increased by over 21 per cent year-on-year to $16.55 billion. 

Total FDI, which includes equity inflows, reinvested earnings and other capital, increased to about $50 billion during the first six months of this financial year as against $42.3 billion in the same period of 2024-25. Inflows from the US rose to $6.62 billion during the latest six-month period from $2.57 billion recorded in April-September 2024-25. Singapore was the largest source of FDI during the period, contributing $11.94 billion. It was followed by the US, Mauritius ($3.47 billion), UAE ($2.33 billion), Cayman Islands ($1.83 million), the Netherlands ($1.63 billion), Cyprus ($1.4 billion), and Japan ($1.21 billion). 

The US is the third-biggest investor in India with investments of $77.27 billion between April 2000 and September 2025. The top investment source is Singapore ($186.82 billion), followed by Mauritius ($183.66 billion) in the same period. Sector-wise, inflows during April-September this fiscal in computer software and hardware rose to $9 billion, services ($5 billion), trading ($2.78 billion), automobile ($1.57 billion), construction development ($233 million), non-conventional energy ($2 billion) and chemicals ($534 million). Among states, Maharashtra received the highest inflow of $10.57 billion during the period. It was followed by Karnataka ($9.4 billion), Tamil Nadu ($3.57 billion), Haryana ($3.22 billion), Gujarat ($2.24 billion), Delhi ($2.3 billion), and Telangana ($1.14 billion).

The CNX Nifty is currently trading at 26130.20, down by 45.55 points or 0.17% after trading in a range of 26077.45 and 26154.60. There were 28 stocks advancing against 22 stocks declining on the index.

The top gainers on Nifty were Asian Paints up by 1.41%, Maruti Suzuki up by 0.88%, Bharti Airtel up by 0.82%, Bajaj Finance up by 0.68% and Eicher Motors up by 0.67%. On the flip side, HDFC Bank down by 1.26%, ICICI Bank down by 1.24%, HDFC Life Insurance down by 0.82%, Axis Bank down by 0.41% and Reliance Industries down by 0.38% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 133.72 points or 0.27% to 49,437.00, Taiwan Weighted added 236.93 points or 0.86% to 27,579.46, Jakarta Composite gained 60.54 points or 0.7% to 8,609.33, KOSPI increased 65.22 points or 1.64% to 3,985.59, Hang Seng advanced 36.74 points or 0.14% to 26,070.00 and Straits Times rose 6.38 points or 0.14% to 4,532.60. However, Shanghai Composite weakened 21.46 points or 0.55% to 3,892.55.
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