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Key gauges continue to trade flat in morning deals
Oct-27-2026

Indian equity benchmarks continued to trade flat in morning deals amid persistently elevated crude oil prices and selling in IT stocks. Traders remained cautious as exchange data showed Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,462.49 crore on Monday. However, traders took support with Union Finance Minister Nirmala Sitharaman’s statement that the Centre is committed to reducing the fiscal deficit, as evidenced by the annual budgets, stressing that the national debt will be limited to 50 per cent of the GDP by 2030. On the sectoral front, defence stocks remained in focus as the Defence Acquisition Council (DAC) granted in-principal approval to capital acquisition proposals worth around Rs 2.12 lakh crore for the armed forces. On the global front, Asian markets were trading mostly in red as investors awaited earnings from major U.S. technology companies and the Federal Reserve's interest-rate decision for direction.  

The BSE Sensex is currently trading at 73582.95, down by 23.80 points or 0.03% after trading in a range of 73210.76 and 73686.18. There were 15 stocks advancing against 15 stocks declining on the index.

The top gaining sectoral indices on the BSE were Telecom up by 1.86%, Industrials up by 1.82%, Healthcare up by 1.79%, Capital Goods up by 1.58% and Auto up by 1.55%, while IT down by 1.47%, Energy down by 0.52%, TECK down by 0.28%, Oil & Gas down by 0.28% and FMCG down by 0.04% were the top losing indices on BSE.

The top gainers on the Sensex were Bharti Airtel up by 2.10%, Bharat Electronics up by 1.50%, Power Grid Corporation up by 1.46%, Maruti Suzuki India up by 1.43% and Sun Pharma up by 1.02%. On the flip side, Hindustan Unilever down by 3.08%, Infosys down by 2.86%, TCS down by 2.51%, Tech Mahindra down by 1.85% and HCL Technologies down by 1.65% were the top losers.

Meanwhile, the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has accorded Acceptance of Necessity (AoN) i.e. in-principle administrative to various capital acquisition proposals of the Defence Forces at an estimated cost of about Rs 2.12 lakh crore. Around 82% of the approved procurements are expected to be sourced from Indian industry, boosting indigenous defence manufacturing. For the Indian Army, approval was accorded for the procurement of High Mobility Vehicles (HMV), Self-Propelled Tracked Gun System, Gun Shot Response System (GSRS), Light Multi Role Helicopters (LMRH), Very Short-Range Air Defence System (VSHORADS), Platform Based Counter Unmanned Aerial System (C-UAS), Unmanned Aerial System Brick Long Range, Surveillance UAV, Integrated Surveillance and Strike System and Long Range Kamikaze Drone System.  

The HMVs will enhance operational capabilities, logistic support and mobility in challenging terrains. The Self-Propelled Tracked Gun System will provide matching mobility and firepower to mechanised formations. The GSRS will serve as a force multiplier providing real-time situational awareness of the forces. The LMRH will be used by both the Indian Army and the Indian Air Force for Reconnaissance and Surveillance, Combat, Search and Rescue of troops, Humanitarian Assistance and Disaster Relief etc. The VSHORADS will engage new generation small size aerial threats, while C-UAS will enhance survivability of Tanks in the modern battlefield. The Surveillance and Drone Systems will enhance the surveillance and targeting capabilities of the Indian Army.

For the Indian Navy, approval was given for the procurement of Active Offboard Decoy System (AODS) and other major Naval platforms. The AODS will enhance the credibility of anti-missiles defence, especially against modern anti-ship missiles of adversaries. The indigenously designed and constructed major Naval platforms will possess modern-day warfare capabilities and enhance the combat capability of the Navy. For the Indian Air Force, approval was accorded for the procurement of Helicopters, Air Defence Systems, Weapons and Mobile X-Band Doppler Weather Radar System to enhance the air defence and war fighting capabilities. The procurement of Special Utility Helicopters will help the Indian Air Force to meet the important air transport requirements. The X-Band Doppler Weather Radar System will provide high-resolution, localised weather surveillance in forward areas.

The CNX Nifty is currently trading at 22758.00, up by 4.80 points or 0.02% after trading in a range of 22653.20 and 22804.50. There were 28 stocks advancing against 22 stocks declining on the index.

The top gainers on Nifty were Tata Consumer Products up by 5.39%, Bharat Electronics up by 2.23%, Bharti Airtel up by 2.21%, Trent up by 2.16% and Maruti Suzuki India up by 1.70%. On the flip side, Hindustan Unilever down by 2.90%, Infosys down by 2.37%, TCS down by 2.07%, HCL Technologies down by 1.23% and Grasim Industries down by 1.21% were the top losers.

Asian markets were trading mostly in red; Taiwan Weighted lost 55.72 points or 0.12% to 45,985.71, Jakarta Composite plunged 17.44 points or 0.32% to 5,355.65, Shanghai Composite weakened 13.03 points or 0.35% to 3,684.49, Hang Seng declined 156.81 points or 0.68% to 23,055.00 and Straits Times fell 7.79 points or 0.14% to 5,408.12.

On the flip side, KOSPI increased 199.32 points or 3.64% to 5,668.79 and Nikkei 225 surged 1080.35 points or 1.74% to 63,270.00. 
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