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Key indices trade flat with positive bias in morning deals
Sep-25-2026

Indian equity benchmarks were trading flat with positive bias in morning deals led by gains in Realty, Consumer Durables and Auto stocks. Traders took support with Commerce Secretary Rajesh Agarwal's statement that the new free trade agreements (FTAs) finalised by India in the last 5-6 years have been designed to provide comfort to long-term investors looking to invest in global supply chains in India. However, gains were limited as elevated crude oil prices, high US bond yields and selling in Healthcare and IT stocks weighed on investors' sentiment. Besides, exchange data showed Foreign institutional investors (FIIs) turned net sellers on September 24, offloading Indian equities worth Rs 5,027.36 crore. On the global front, Asian markets were trading mixed following the mixed cues from Wall Street overnight, as continued surge in crude oil prices and bond yields raise concerns about inflation risk and interest rate hikes. The lack of clarity about peace talks for the resolution of the Middle East conflict also weighed on market sentiment. 

The BSE Sensex is currently trading at 73672.15, up by 91.61 points or 0.12% after trading in a range of 73477.77 and 73800.94. There were 20 stocks advancing against 10 stocks declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 0.51%, Consumer Durables up by 0.50%, Auto up by 0.49%, Metal up by 0.22% and Industrials up by 0.17%, while Healthcare down by 0.50%, IT down by 0.41%, Oil & Gas down by 0.28%, FMCG down by 0.05% and TECK down by 0.03% were the top losing indices on BSE.

The top gainers on the Sensex were Axis Bank up by 1.58%, Asian Paints up by 1.27%, Mahindra & Mahindra up by 0.93%, Power Grid up by 0.71% and Tata Steel up by 0.61%. On the flip side, Infosys down by 0.90%, Trent down by 0.67%, Bajaj Finserv down by 0.54%, Hindustan Unilever down by 0.41% and ITC down by 0.24% were the top losers.

Meanwhile, Expenditure Secretary V Vualnam has said that fiscal prudence adopted by the government will serve as a firm foundation in achieving India's Viksit Bharat goal. Moreover, he said while the central government has been focusing on increasing capital expenditure, it is encouraging states to boost infrastructure spending by providing 50-year interest-free loans under a scheme. He said the focus on fiscal prudence, especially in the last few months when the external sector has been ‘unpredictable and volatile’, has provided a ‘very strong foundation’ to achieve Viksit Bharat goal by 2047. He said ‘So fiscal prudence is something that would give us the foundation as we move forward as a country looking at Viksit Bharat.’

The government is also aiming to utilise information technology to channelise funds towards social sector schemes and subsidies. He said about Rs 5 lakh crore every year is disbursed under centrally sponsored schemes to all states combined through a digitised system -- Public Financial Management System (PFMS). He stated ‘The public money that we manage, is now exactly sent where it is required, to the exact beneficiary or to the exact project that it is required. So, on one side the IT systems are helping us, but it is also a wealth of data that is generated.’

Besides, he said the government now has a database, which include land holding, type of crops, of about 10 crore farmers. He added ‘In fact, the government is looking at how this agri-stack can be used in the distribution of fertilisers so that it is better targeted -- how it goes to the exact farmers depending on the land that he is cultivating, depending on the crops that he is cultivating.’

The CNX Nifty is currently trading at 23085.15, up by 22.05 points or 0.10% after trading in a range of 23030.00 and 23121.60. There were 30 stocks advancing against 20 stocks declining on the index.

The top gainers on Nifty were Axis Bank up by 1.53%, Asian Paints up by 1.43%, Cipla up by 0.99%, Adani Enterprises up by 0.95% and HCL Technologies up by 0.95%. On the flip side, Max Healthcare Inst. down by 1.84%, Infosys down by 1.38%, ONGC down by 1.13%, Trent down by 0.53% and ICICI Bank down by 0.52% were the top losers.

Asian markets were trading mixed; Nikkei 225 surged 842.01 points or 1.29% to 66,356.00 and Straits Times rose 4.91 points or 0.09% to 5,688.28. On the flip side, Jakarta Composite plunged 34.88 points or 0.56% to 6,263.73 and Hang Seng declined 445.13 points or 1.8% to 24,316.00.

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