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Bourses trade flat in early afternoon session
Dec-24-2025

Indian markets traded flat with positive bias in early afternoon session following mixed cues from other Asian markets. As for broader indices, the BSE Mid cap index and Small cap index traded in green. Investors were worried amid continued foreign fund outflows, as foreign institutional investors (FIIs) offloaded shares worth Rs 1,794.80 crore. However, markets managed to trade in green. Traders took note of Commerce Secretary, Rajesh Agrawal's statement that services trade is important for India’s economic growth, emphasizing its strong contribution to domestic value addition vis-a-vis merchandise exports. Further he said that India’s demographic dividend offers immense potential to meet the rising global demand for professional services. 

On the global front, Asian markets were trading mixed as Japan's leading index improved less than initially estimated in October to the highest level in sixteen months. The leading index, which measures future economic activity, rose to 109.8 in October from 108.2 in September. The flash score was 110.0.  Moreover, a similar score was last seen in June 2024.

The BSE Sensex is currently trading at 85570.78, up by 45.94 points or 0.05% after trading in a range of 85386.54 and 85738.18. There were 15 stocks advancing against 15 stocks declining on the index. 

The broader indices were trading in green; the BSE Mid cap index gained 0.21%, while Small cap index was up by 0.14%.

The top gaining sectoral indices on the BSE were Metal up by 0.72%, Basic Materials up by 0.54%, Telecom up by 0.53%, Capital Goods up by 0.49% and Realty was up by 0.46%, while IT down by 0.40%, Oil & Gas down by 0.27%, FMCG down by 0.23%, Energy down by 0.17% and TECK was down by 0.15% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 1.24%, Trent up by 0.96%, Ultratech Cement up by 0.83%, Adani Ports up by 0.83% and Bharat Electronics up by 0.76%. On the flip side, Sun Pharma down by 1.50%, Interglobe Aviation down by 1.06%, Reliance Industries down by 0.55%, Bajaj Finserv down by 0.54% and Infosys down by 0.46% were the top losers.

Meanwhile, Commerce Secretary, Rajesh Agrawal has said that services trade is important for India’s economic growth, emphasizing its strong contribution to domestic value addition vis-a-vis merchandise exports. These comments came during the inauguration of a Chintan Shivir on Professional Services, where he also emphasized the importance of enhanced stakeholder coordination, reforms in the domestic ecosystem, and legally binding commitments on professional services under various FTAs to unlock global markets for Indian professional services.

Commerce Secretary further said that India’s demographic dividend offers immense potential to meet the rising global demand for professional services. To realise this potential, he expressed need to adopt global best practices and equip professionals with upgraded skills aligned with evolving global market needs and technological developments. 

Besides, Commerce Secretary said that greater openness in international trade in professional services would enhance competitiveness in India’s economy. He also encouraged professional bodies to organise and participate in international conferences to enable knowledge sharing and provide platforms for enhanced collaboration.

The CNX Nifty is currently trading at 26202.00, up by 24.85 points or 0.09% after trading in a range of 26141.40 and 26236.40. There were 28 stocks advancing against 22 stocks declining on the index. 

The top gainers on Nifty were Shriram Finance up by 2.05%, Hindalco up by 1.97%, Apollo Hospital up by 1.84%, Bajaj Finance up by 1.30% and Trent up by 0.92%. On the flip side, Sun Pharma down by 1.53%, Dr. Reddy's Lab down by 1.29%, Wipro down by 1.27%, Interglobe Aviation down by 1.07% and Tata Consumer down by 0.79% were the top losers.

Asian markets were trading mixed; Nikkei 225 slipped 52.87 points or 0.1% to 50,360.00, Jakarta Composite plunged 11.15 points or 0.13% to 8,573.63, KOSPI dropped 8.70 points or 0.21% to 4,108.62 and Straits Times was down by 2.63 points or 0.06% to 4,636.34. On the flip side, Shanghai Composite strengthened 22.23 points or 0.57% to 3,942.21, Hang Seng advanced 47.86 points or 0.19% to 25,822.00 and Taiwan Weighted was up by 61.51 points or 0.22% to 28,371.98.

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