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Key gauges continue to trade lower in morning deals
Dec-02-2025

Indian equity benchmarks continued to trade lower in morning deals, dragged by Healthcare, FMCG and Basic Materials stocks and persistent foreign fund outflows. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,171.31 crore on Monday, according to exchange data. Traders remained cautious as government data showed India's Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November, growing at a meagre 0.7 per cent year-on-year on a base lowered by the exclusion of proceeds from cess on sin and luxury goods. Sector-wise, power stocks remained in watch as data showed power consumption in the country fell marginally by 0.31 per cent to 123.4 billion units (BU) in November from 123.79 BU a year ago, due to frugal use of cooling appliances. On the global front, Asian markets were trading mostly in green as investors focused on hopes of United States rate cuts and nerves around rising Japanese bond yields eased slightly. 

The BSE Sensex is currently trading at 85332.55, down by 309.35 points or 0.36% after trading in a range of 85215.12 and 85553.51. There were 9 stocks advancing against 21 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index rose 0.02%, while Small cap index was down by 0.25%.

The top gaining sectoral indices on the BSE were Telecom up by 0.60%, PSU up by 0.19%, TECK up by 0.15%, Consumer Durables up by 0.15% and Oil & Gas up by 0.04%, while Healthcare down by 0.28%, FMCG down by 0.26%, Basic Materials down by 0.25%, Power down by 0.23% and Consumer discretionary down by 0.22% were the top losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 1.33%, Bajaj Finance up by 0.90%, Bharti Airtel up by 0.57%, SBI up by 0.49% and Infosys up by 0.34%. On the flip side, HDFC Bank down by 1.03%, ICICI Bank down by 1.02%, Tata Motors Passenger down by 0.82%, HCL Technologies down by 0.73% and ITC down by 0.72% 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 26083.10, down by 92.65 points or 0.35% after trading in a range of 26046.85 and 26154.60. There were 13 stocks advancing against 37 stocks declining on the index.

The top gainers on Nifty were Asian Paints up by 1.25%, Dr. Reddy's Lab up by 0.96%, Bajaj Finance up by 0.79%, Bharti Airtel up by 0.56% and SBI up by 0.46%. On the flip side, Interglobe Aviation down by 1.28%, Bajaj Auto down by 1.11%, ICICI Bank down by 1.06%, HDFC Bank down by 1.00% and HDFC Life Insurance down by 0.99% were the top losers. 

Asian markets were trading mostly in green; Nikkei 225 surged 84.72 points or 0.17% to 49,388.00, Taiwan Weighted added 189.99 points or 0.69% to 27,532.52, Jakarta Composite gained 55.8 points or 0.65% to 8,604.59, KOSPI increased 68.13 points or 1.74% to 3,988.50, Hang Seng advanced 14.74 points or 0.06% to 26,048.00 and Straits Times rose 9.19 points or 0.2% to 4,535.41.

On the flip side, Shanghai Composite weakened 21.76 points or 0.56% to 3,892.25.


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