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Markets maintain gains in late morning deals
Feb-25-2026

Domestic equity markets maintained their gains in late morning deals owing to buying by funds and retail investors. Hectic buying in Tata Steel, HCL Technologies, TCS, Infosys and Interglobe Aviation companies’ stocks helped the markets to regain their crucial 82,700 (Sensex) and 25,600 (Nifty) levels. Positive cues from the global markets supported domestic sentiments. Further, sentiments got boost as the State Bank of India (SBI) in its latest report has said that India's economy is expected to maintain strong growth momentum, with GDP projected to expand by around 8.1 per cent in the third quarter of the current financial year (FY26). Most of the sectoral indices on the BSE were trading in green led by Metal, IT, Auto, TECK and Basic Materials. 

On the global front, Asian markets were trading mostly in green following positive cues from the US markets overnight.  Back home, in the stock specific developments, Shares of Waaree Energies, Premier Energies, and Vikram Solar dropped up to 12 percent as the Trump administration set preliminary duties of 126% on solar imports from India after determining the country unfairly subsidized manufacturing. 

The BSE Sensex is currently trading at 82709.92, up by 484.00 points or 0.59% after trading in a range of 82488.26 and 82957.91. There were 23 stocks advancing against 7 stocks declining on the index.

The top gaining sectoral indices on the BSE were Metal up by 2.52%, IT up by 2.10%, Auto up by 1.71%, TECK up by 1.39% and Basic Materials up by 1.38%, while Telecom down by 0.50%, FMCG down by 0.08% were the only losing indices on BSE.

The top gainers on the Sensex were Tata Steel up by 3.28%, HCL Technologies up by 3.21%, TCS up by 2.65%, Infosys up by 2.15% and Interglobe Aviation up by 2.14%. On the flip side, SBI down by 1.05%, Kotak Mahindra Bank down by 0.80%, ITC down by 0.59%, Eternal down by 0.47% and Ultratech Cement down by 0.12% were the top losers. 

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India and Canada may finalise terms of reference (ToR) for initiating talks for a free trade agreement (FTA) as early as this week. Canadian Prime Minister Mark Carney is set to visit India on February 26, 2026, a pivotal moment for advancing the trade talks. The ToR, once agreed, will outline the scope and modalities of a proposed trade pact. 

The minister said India and Canada were earlier negotiating a trade pact, but the process was paused by Canada in 2023. He said now both sides have decided to resume talks from the beginning, as a lot has changed on the global trade front during these two years. He also said that the recently announced FTA with the European Union may be implemented in the first quarter of next year. He suggested exporters to take full advantage of these pacts and emphasised the need to increase awareness about these FTAs in small cities and towns of India. 

India's exports to Canada rose 9.8 per cent to $4.22 billion in FY25 from $3.84 billion in FY24. However, imports dipped 2.33 per cent to $4.44 billion in FY25 from $4.55 billion in the previous fiscal year. Bilateral trade in goods and services stood at $18.38 billion in 2023. There are about 2.9 million Indian diaspora and over 4,27,000 Indian students in Canada.   

The CNX Nifty is currently trading at 25607.10, up by 182.45 points or 0.72% after trading in a range of 25507.90 and 25652.60. There were 42 stocks advancing against 8 stocks declining on the index.

The top gainers on Nifty were Tata Steel up by 3.22%, HCL Technologies up by 3.19%, Bajaj Auto up by 2.96%, TCS up by 2.72% and Infosys up by 2.37%. On the flip side, SBI down by 0.96%, Kotak Mahindra Bank down by 0.77%, ITC down by 0.57%, Eternal down by 0.53% and Max Healthcare Inst down by 0.30% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 1482.91 points or 2.52% to 58,804.00, Taiwan Weighted added 603.66 points or 1.71% to 35,304.48, Jakarta Composite gained 49.3 points or 0.59% to 8,330.13, Shanghai Composite strengthened 37.6 points or 0.9% to 4,155.01, KOSPI increased 109.08 points or 1.79% to 6,078.72 and Hang Seng advanced 167.68 points or 0.63% to 26,758.00. However, Straits Times fell 9.27 points or 0.18% to 5,011.52.

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