HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Key gauges continue to trade lower in morning deals
Dec-08-2025

Indian equity benchmarks continued to trade lower in morning deals, weighed down by losses in Realty, Capital Goods and PSU stocks and sustained foreign fund outflows. Foreign institutional investors (FIIs) offloaded equities worth Rs 438.90 crore on Friday, according to exchange data. Traders also remained cautious as RBI stated that India's forex reserves dropped by $1.88 billion to $686.23 billion during the week ended November 28. In the previous reporting week, the overall reserves had declined by $4.47 billion to $688.10 billion. Separately, India and the United States will commence three-day talks on the first phase of their proposed bilateral trade agreement here from December 10, 2025. The visit is crucial as India and the US are working to finalise the first tranche of the pact. On the global front, Asian markets are trading mostly in green even as the Cabinet Office said Japan's gross domestic product contracted a seasonally adjusted 0.6 percent on quarter in the third quarter of 2025. That missed forecasts for a decline of 0.4 percent following the 0.5 percent increase in the three months prior. 

The BSE Sensex is currently trading at 85438.65, down by 273.72 points or 0.32% after trading in a range of 85360.03 and 85722.97. There were 7 stocks advancing against 23 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index fell 0.59%, while Small cap index was down by 0.81%.

The lone gaining sectoral index on the BSE was IT up by 0.13%, while Realty down by 1.77%, Capital Goods down by 1.14%, PSU down by 1.01%, Telecom down by 0.95% and Utilities down by 0.94% were the top losing indices on BSE.

The top gainers on the Sensex were Tech Mahindra up by 0.92%, Infosys up by 0.50%, HCL Technologies up by 0.48%, TCS up by 0.30% and Reliance Industries up by 0.19%. On the flip side, Bharat Electronics down by 2.70%, Bajaj Finance down by 1.88%, Bajaj Finserv down by 1.45%, Trent down by 1.02% and Adani Ports &SEZ down by 0.94% were the top losers.

Meanwhile, Defence Minister Rajnath Singh has said India is witnessing a paradigm shift in defence manufacturing, from being an import-dependent nation to an emerging producer-exporter. Singh said the country once lacked a robust system to manufacture arms and equipment domestically, but sustained efforts over the last decade have reversed that situation.  He stated ‘Due to our hard work in the last 10 years, our defence production, which was around Rs 46,000 crore in 2014, has now grown to a record Rs 1.51 lakh crore. Our defence exports, which were less than Rs 1,000 crore 10 years ago, have now reached nearly Rs 24,000 crore.’

Further he, on December 07, 2025, dedicated to the nation 125 strategically significant infrastructure projects of Border Roads Organisation (BRO) - the most to have ever been inaugurated simultaneously - from Ladakh. Spread across 02 Union Territories - Ladakh and Jammu & Kashmir - and 07 States - Arunachal Pradesh, Sikkim, Himachal Pradesh, Uttarakhand, Rajasthan, West Bengal & Mizoram, these projects - 28 Roads, 93 Bridges and 04 Miscellaneous - have been completed at a cost of approx. Rs 5,000 crore, the highest-value inaugurations in the BRO’s history.

These upgraded infrastructure projects will significantly improve last-mile connectivity to remote villages and forward military locations, bringing these areas closer to the national mainstream. He said the projects as a testament to Prime Minister Shri Narendra Modi-led Government’s unwavering commitment to keep strengthening the border infrastructure in line with the vision of Viksit Bharat. Moreover, he pointed out that in the financial year 2024-25, BRO incurred a record expenditure of Rs 16,690 crore, the highest ever, and a target of Rs 18,700 crore has been set for FY 2025-26, which underlines the government's confidence in BRO's capabilities.

The CNX Nifty is currently trading at 26087.30, down by 99.15 points or 0.38% after trading in a range of 26068.50 and 26178.70. There were 10 stocks advancing against 40 stocks declining on the index.

The top gainers on Nifty were HDFC Life Insurance up by 1.31%, Tech Mahindra up by 0.86%, Wipro up by 0.61%, Hindalco up by 0.58% and Infosys up by 0.50%. On the flip side, Interglobe Aviation down by 4.66%, Bharat Electronics down by 2.76%, Bajaj Finance down by 1.89%, JSW Steel down by 1.52% and Bajaj Finserv down by 1.50% were the top losers.

Asian markets are trading mostly in green; Nikkei 225 surged 17.13 points or 0.03% to 50,509.00, Taiwan Weighted added 257.81 points or 0.92% to 28,238.70, Jakarta Composite gained 71.51 points or 0.83% to 8,704.27, Shanghai Composite strengthened 27.38 points or 0.7% to 3,930.19 and KOSPI increased 32.81 points or 0.8% to 4,132.86.

On the flip side, Hang Seng declined 251.08 points or 0.96% to 25,834.00 and Straits Times fell 10.61 points or 0.23% to 4,520.75.


  RELATED NEWS >>