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Key gauges remain in green in morning deals
Sep-17-2025

Indian equity benchmarks remained in green in morning deals, following positive day-long discussions with the visiting US team on a bilateral trade deal with both US and India agreeing to push for an early and mutually beneficial conclusion of the agreement. Traders took some support with Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal’s statement that India is set to attract investments worth Rs 80 lakh crore, generate over 1.5 crore jobs, and accelerate green shipping practices in the coming years. Some support also came as exchange data showed Foreign institutional investors (FIIs) turned buyers on Tuesday as they bought equities worth Rs 308.32 crore. On the global front, Asian markets are trading mixed after US stocks edged down from record highs and as market focus turned to expectations for the Federal Reserve's first interest rate cut of the year. 

The BSE Sensex is currently trading at 82585.15, up by 204.46 points or 0.25% after trading in a range of 82490.47 and 82720.76. There were 20 stocks advancing against 10 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.16%, while Small cap index was up by 0.49%.

The top gaining sectoral indices on the BSE were Capital Goods up by 0.84%, Oil & Gas up by 0.73%, Industrials up by 0.72%, Energy up by 0.65% and IT up by 0.56%, while Utilities down by 0.34%, Telecom down by 0.21%, Metal down by 0.20%, Power down by 0.18% and FMCG down by 0.17% were the top losing indices on BSE.

The top gainers on the Sensex were Bharat Electronics up by 2.41%, Ultratech Cement up by 1.09%, Maruti Suzuki up by 1.00%, Tata Motors up by 0.79% and TCS up by 0.79%. On the flip side, Titan Company down by 0.66%, Power Grid Corporation down by 0.61%, Adani Ports &Special down by 0.51%, Tata Steel down by 0.47% and ITC down by 0.46% were the top losers.

Meanwhile, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal has said that India is set to attract investments worth Rs 80 lakh crore, generate over 1.5 crore jobs, and accelerate green shipping practices in the coming years. Further, he said India's maritime sector is undergoing a transformative shift, positioning the nation as a future global maritime superpower. He emphasized ‘India's maritime growth story is about prosperity, sustainability, and pride in our heritage. We have already set course as India's blue economy aims to gain Rs 80 lakh crore boost, 1.5 crore jobs under Maritime Amrit Kaal Vision.’

He mentioned the government's flagship 'Sagarmala' programme is driving this change with 840 projects worth Rs 5.8 lakh crore under implementation by 2035. Already, 272 projects worth Rs 1.41 lakh crore have been completed. The upcoming Rs 76,000-crore Vadhavan Port in Maharashtra -- envisioned among the top 10 container ports globally -- is projected to create 12 lakh jobs. Meanwhile, India's major ports have reduced turnaround time to 0.9 days, faster than global benchmarks in the US, Germany and Singapore. Nine Indian ports are now ranked among the world's top 100.

Talking on the key role that Kerala plays in India's ambition of becoming a global maritime power, Sonowal said ‘Kerala anchors India's vision of becoming a maritime superpower by 2047. The Cochin Port and its Vallarpadam transhipment terminal are set for further expansion to accommodate rising cargo flows.’ Under the Sagarmala project, he said 54 projects worth Rs 24,000 crore are being executed in Kerala, of which 20 are already complete. These include modernised fishing harbours at Kochi, Kannur, and Thrissur, providing direct benefits to thousands of fishermen.

Besides, with India Maritime Week 2025 scheduled in Mumbai this October, the government anticipates stronger international partnerships and fresh investment inflows. Sonowal urged global stakeholders to deliberate on various issues, such as decarbonisation, supply chain resilience, cybersecurity, and sustainable shipping.

The CNX Nifty is currently trading at 25308.60, up by 69.50 points or 0.28% after trading in a range of 25275.35 and 25342.15. There were 33 stocks advancing against 17 stocks declining on the index.

The top gainers on Nifty were Tata Consumer Product up by 2.46%, Bharat Electronics up by 2.38%, Grasim Industries up by 1.13%, Ultratech Cement up by 1.09% and Shriram Finance up by 0.94%. On the flip side, Power Grid Corporation down by 0.68%, Titan Company down by 0.66%, Tata Steel down by 0.48%, Adani Ports &SEZ down by 0.45% and ITC down by 0.44% were the top losers.

Asian markets are trading mixed; Nikkei 225 slipped 51.27 points or 0.11% to 44,851.00, Taiwan Weighted lost 156.97 points or 0.61% to 25,472.67, KOSPI dropped 25.46 points or 0.74% to 3,424.16 and Straits Times fell 12.12 points or 0.28% to 4,325.62.

On the flip side, Jakarta Composite gained 28.99 points or 0.36% to 7,986.69, Shanghai Composite strengthened 15.68 points or 0.41% to 3,877.55 and Hang Seng advanced 406.49 points or 1.51% to 26,845.00.

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