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Markets trade below neutral lines in late morning deals
Oct-27-2026

Indian equity markets traded below neutral lines in late morning deals amid weak cues from other Asian markets. Traders remained on sidelines ahead to the US Federal Reserve's monetary policy announcement on Wednesday. However, losses remained capped as Commerce and Industry Minister Piyush Goyal has said India is negotiating free trade agreements (FTAs) with several countries and groups, with talks with Chile ‘quite ripe’ for conclusion and negotiations with Canada making good progress.

The Sensex fell 0.19%, while the Nifty declined 0.06%, amid selling in ICICI Bank, Reliance Industries, Hindustan Unilever and Tata Consultancy Services. On the global front, Asian markets were trading mostly in the red despite positive cues from the US markets overnight. Back home, in the stock specific development, Sona BLW Precision surged over 9 percent after the company reported a 29% growth in Q2 consolidated net profit.    

The BSE Sensex is currently trading at 73465.32, down by 141.43 points or 0.19% after trading in a range of 73210.76 and 73686.18. There were 16 stocks advancing against 14 stocks declining on the index.

The top gaining sectoral indices on the BSE were Healthcare up by 2.00%, Industrials up by 1.86%, Capital Goods up by 1.76%, Telecom up by 1.68% and Power up by 1.62%, while IT down by 1.42%, Energy down by 0.56%, Oil & Gas down by 0.32%, Consumer Durables down by 0.21% and TECK down by 0.18% were the losing indices on BSE.

The top gainers on the Sensex were Bharti Airtel up by 2.27%, Bharat Electronics up by 2.26%, Power Grid Corpn. up by 2.05%, Maruti Suzuki India up by 1.96% and Trent up by 1.72%. On the flip side, Hindustan Unilever down by 2.87%, TCS down by 1.86%, Infosys down by 1.82%, Asian Paints down by 1.06% and HCL Technologies down by 1.05% were the top losers.

Meanwhile, Union Commerce Minister Piyush Goyal has said that most of the discussions between India and the US on the proposed bilateral trade deal have been completed, and the two sides are now fine-tuning the agreement. Goyal's statement came days after US Secretary of State Marco Rubio said that India and US have ‘extraordinary alignment’ on the core issues and ‘very, very close’ to signing a bilateral trade deal, with only a few points to be ironed out.

India and the US, in February, announced finalisation of the framework for the first phase of the bilateral trade agreement (BTA). However, changes in the tariff landscape in the US have led to further negotiations on the pact. Besides, Goyal said India has concluded nine free trade agreements in the last four and a half years.

In 2025, the bilateral trade between two countries stood at $149.42 billion. During the year, India's total goods exports to the U.S. reached $103.82 billion, while US exports to India totalled around $45.6 billion. Further, the bilateral services trade in 2025 was recorded $92.23 billion, where India exported $48.67 billion worth of services to the US and imported $43.56 billion worth of services from the US.

The CNX Nifty is currently trading at 22740.45, down by 12.75 points or 0.06% after trading in a range of 22653.20 and 22804.50. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were Tata Consumer up by 4.87%, Bharti Airtel up by 2.45%, Bharat Electronics up by 2.36%, Trent up by 2.23% and Max Healthcare up by 2.09%. On the flip side, TCS down by 2.50%, Hindustan Unilever down by 2.48%, Infosys down by 2.08%, Asian Paints down by 1.41% and HCL Technologies down by 1.35% were the top losers.

Asian markets were trading mostly in red; Taiwan Weighted lost 33.36 points or 0.07% to 46,008.07, Jakarta Composite plunged 17.44 points or 0.33% to 5,355.65, Shanghai Composite weakened 15.19 points or 0.41% to 3,682.33, Hang Seng declined 185.81 points or 0.8% to 23,026.00 and Straits Times fell 12.6 points or 0.23% to 5,403.31. However, Nikkei 225 surged 861.35 points or 1.39% to 63,051.00 and KOSPI increased 143.45 points or 2.56% to 5,612.92. 
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