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Indices add more gains in late morning deals
Oct-01-2025

Domestic equity indices added more points and were trading with gains of around half percent in late morning deals as market participants indulged in enlarging their positions. Sentiment got boost after the Reserve Bank of India (RBI) monetary policy committee (MPC) lowered FY26 consumer price index (CPI) estimates to 2.6 per cent and hiked GDP estimate for current year to 6.5 per cent. Meanwhile, the RBI announced fresh measures to promote wider use of the Indian Rupee in cross-border transactions, as part of its strategy to gradually internationalise the currency. Further, positive cues from the global markets also supported domestic markets. On the sectoral front, traders were seen piling up position in Bankex, Healthcare, Realty, Auto and Oil & Gas, while selling was witnessed in Metal, Basic Materials, FMCG, TECK and Consumer Durables.

On the global front, Asian markets were trading mostly in green following the positive cues from the US markets overnight. Back home, in the stock specific development, Lupin jumped after securing USFDA approval for Rivaroxaban Oral Suspension, a medication used in the treatment of Venous Thromboembolism.

The BSE Sensex is currently trading at 80659.45, up by 391.83 points or 0.49% after trading in a range of 80159.90 and 80712.36. There were 15 stocks advancing against 15 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.25%, while Small cap index up by 0.28%.

The top gaining sectoral indices on the BSE were Bankex up by 1.02%, Healthcare up by 0.72%, Realty up by 0.65%, Auto up by 0.54% and Oil & Gas up by 0.51%, while Metal down by 0.66%, Basic Materials down by 0.47%, FMCG down by 0.28%, TECK down by 0.14% and Consumer Durables down by 0.13% were the top losing indices on BSE.

The top gainers on the Sensex were Tata Motors up by 3.26%, Trent up by 3.20%, Kotak Mahindra Bank up by 2.48%, Axis Bank up by 2.05% and ICICI Bank up by 1.80%. On the flip side, Bajaj Finance down by 1.37%, Tata Steel down by 1.04%, Larsen & Toubro down by 0.90%, Asian Paints down by 0.90% and SBI down by 0.83% were the top losers.

Meanwhile, the Reserve Bank of India (RBI) data showed that the pace of bank credit growth to industry has slowed down to 6.5% in August as against 9.7% in the corresponding period last year. The RBI has released data on sectoral deployment of bank credit for August 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95% of the total non-food credit by all SCBs.

The non-food bank credit grew 9.9% year on year (YoY) as on the fortnight ended August 22, 2025, compared to 13.6% in the year-ago period. Further, credit to micro and small, and medium industries continued to expand at a robust pace. The RBI has highlighted that among major industries, outstanding credit to ‘all engineering’, ‘vehicles, vehicle parts and transport equipment’ and ‘rubber, plastic and their products’ recorded buoyant year on year growth. Moreover, credit to agriculture and allied activities registered an annual growth of 7.6%, compared to 17.7% in the corresponding previous year.

The credit to personal loans segment has grown 11.8% YoY, as compared with 13.9% a year ago, largely due to moderation in growth of ‘other personal loans’, ‘vehicle loans’ and ‘credit card outstanding’. Besides, credit to the services sector increased 10.6% YoY against 13.9% in the year-ago. The growth in credit to ‘professional services’, ‘computer software’, ‘commercial real estate’ and ‘trade’ remained robust, while its was decelerated for non-banking financial companies (NBFCs).

The CNX Nifty is currently trading at 24723.75, up by 112.65 points or 0.46% after trading in a range of 24605.95 and 24730.40. There were 25 stocks advancing against 25 stocks declining on the index.

The top gainers on Nifty were Tata Motors up by 3.29%, Trent up by 3.26%, Shriram Finance up by 2.73%, Kotak Mahindra Bank up by 2.55% and Axis Bank up by 2.09%. On the flip side, Bajaj Finance down by 1.37%, Tata Steel down by 1.06%, Larsen & Toubro down by 0.95%, Asian Paints down by 0.93% and SBI down by 0.84% were the top losers.

Asian markets were trading mostly in green; Taiwan Weighted added 210.94 points or 0.81% to 26,031.48, Jakarta Composite gained 1.02 points or 0.01% to 8,062.08, KOSPI increased 28.12 points or 0.82% to 3,452.72 and Straits Times rose 24.29 points or 0.56% to 4,324.45. However, Nikkei 225 slipped 327.63 points or 0.73% to 44,605.00.

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