HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets extend gains in late trade
Aug-13-2025

Indian equity benchmarks extended gains in late trade supported by positive global cues. Sentiments remained upbeat as government data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years. The inflation below Reserve Bank’s (RBI) tolerance band has raised expectation of another interest rate cut by RBI. Besides, traders took support of rating agency Crisil indicating that headline inflation is expected to average 3.5 percent this fiscal as compared to 4.6 percent in the last financial year.

On the global front, all Asian equity markets were trading higher as in-line U.S. inflation reading bolstered speculation of Federal Reserve may be cutting interest rates by 25 basis points in September, bringing forward its easing forecast amid fears of a weakening labor market. All European equity markets were trading higher after Germany's consumer price inflation remained stable in July, as initially estimated. The consumer price index logged an annual increase of 2.0 percent in July, the same rate of rise as seen in June and matched the estimate published on July 31.

The BSE Sensex is currently trading at 80620.17, up by 384.58 points or 0.48% after trading in a range of 80319.00 and 80683.74. There were 23 stocks advancing against 7 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap rose index 0.67%, while Small cap index was up by 0.65%.

The top gaining sectoral indices on the BSE were Healthcare up by 1.69%, Auto up by 1.38%, Metal up by 1.32%, Consumer Disc up by 1.10% and Capital Goods up by 1.09%. Meanwhile, there were no losers on BSE sectoral index.

The top gainers on the Sensex were Eternal up by 2.17%, Bharat Electronics up by 2.06%, Mahindra & Mahindra up by 1.64%, Tata Motors up by 1.41% and Kotak Mahindra Bank up by 1.33%. On the flip side, Adani Ports & SEZ down by 0.77%, ITC down by 0.41%, Titan Company down by 0.25%, Ultratech Cement down by 0.25% and Axis Bank down by 0.21% were the top losers.

Meanwhile, Commerce ministry has said that India's free trade pact with the UK will help boost shipments of garments, home textiles, carpets and handicrafts, with textile exports projected to rise 30-45 per cent by 2030. It said domestic exporters should leverage the trade agreement to significantly tap opportunities in Britain, which imports $27 billion worth of textiles annually, especially amid high US tariffs on the sector.

It said India had duty disadvantage compared to major competitors. With comprehensive economic and trade agreement (CETA), India's textile exports enter the UK duty-free immediately upon entry into force. This will especially benefit sectors like ready-made garments, home textiles, carpets, and handicrafts, creating strong opportunities to boost exports. It noted that this move removes previous tariff disadvantages and provides a competitive edge to Indian exporters vis-a-vis regional rivals like Bangladesh and China. It has the potential to double India's share of UK imports from 6 per cent to about 12 per cent (about $1.1-1.2 billion extra annually). In volume terms, the pact could boost textiles exports to the UK by 30-45 per cent by 2030, translating into an additional $500 million-$800 million in export value. 

The India-UK CETA was signed on July 24 in London. The UK is India's third-largest export destination, accounting for 5.80 per cent of textile exports in 2024. India's total export to the world is $37 billion. The country is the fourth-largest textile supplier to the UK, with a 6.6 per cent market share ($1.79 billion), behind China (25.4 per cent), Bangladesh (19.9 per cent), and Turkiye (7.9 per cent). The US has imposed 25 per cent tariffs on Indian goods, including textiles, from August 7. An additional 25 per cent will come into force from August 27, taking the import duty on Indian goods to 50 per cent.  

The CNX Nifty is currently trading at 24642.40, up by 155.00 points or 0.63% after trading in a range of 24535.25 and 24664.55. There were 42 stocks advancing against 8 stocks declining on the index.

The top gainers on Nifty were Apollo Hospitals Enterprise up by 7.00%, Hindalco up by 5.24%, Hero MotoCorp up by 2.88%, Dr. Reddy's Laboratories up by 2.52% and Cipla up by 2.37%. On the flip side, Indusind Bank down by 1.23%, Adani Ports & SEZ down by 0.74%, ITC down by 0.37%, Titan Company down by 0.34% and Adani Enterprises down by 0.32% were the top losers.

All Asian equity markets were trading higher; Nikkei 225 surged 556.83 points or 1.29% to 43,275.00, Hang Seng advanced 586.32 points or 2.29% to 25,556.00, Taiwan Weighted added 211.66 points or 0.87% to 24,370.02, Straits Times rose 44.66 points or 1.06% to 4,265.38, Shanghai Composite strengthened 17.54 points or 0.48% to 3,683.46, Jakarta Composite gained 102.05 points or 1.29% to 7,893.75 and KOSPI increased 34.46 points or 1.07% to 3,224.37.

All European equity markets were trading higher; UK’s FTSE 100 increased 11.49 points or 0.13% to 9,159.30, France’s CAC rose 32.18 points or 0.42% to 7,785.60 and Germany’s DAX gained 205.42 points or 0.86% to 24,230.20.
  RELATED NEWS >>
Most Viewed >>
August 13 , 2025
Higher returns drive investor to money market
August 13 , 2025
MF roster swells to 50: 8 licences issued in 2
August 13 , 2025
Simple, timeless dal-chawal solution: Radhika
August 04 , 2025
Quant Mutual Fund gets SEBI nod to launch Indi
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.