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Key gauges extend gains in morning deals
Oct-15-2025

Indian equity benchmarks extended gains in morning deals tracking a rally in Asian markets amid hopes of a US Federal Reserve rate cut later this month. Traders took support with Financial Services Secretary M Nagaraju stating that the public sector banks have emerged stronger and more resilient, with credit growth outperforming their private peers in the recent past. He added that this reflects the growing robustness of the banking community, with significant improvements in due diligence, credit underwriting standards, and monitoring mechanisms for project loans. Sector-wise, port industry’s stocks remained in watch as the Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said that the government is expecting an investment of Rs 80 lakh crore in India’s maritime industry, including ports, shipbuilding and ship repair, among others, in the next 25 years as the country aspires to become one of the top five shipbuilding nations by 2047. On the global front, Asian markets are trading mostly in green as optimism over a potential Federal Reserve rate cut lifted sentiment and outweighed renewed US-China trade tensions.

The BSE Sensex is currently trading at 82446.03, up by 416.05 points or 0.51% after trading in a range of 82084.37 and 82457.64. There were 23 stocks advancing against 7 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.85%, while Small cap index was up by 0.38%.

The top gaining sectoral indices on the BSE were Realty up by 2.86%, Telecom up by 1.28%, Consumer Durables up by 0.93%, Metal up by 0.86% and PSU up by 0.85%, while there were no losing sectoral indices on the BSE. 

The top gainers on the Sensex were Asian Paints up by 1.77%, Bajaj Finserv up by 1.68%, Eternal up by 1.55%, Bajaj Finance up by 1.41% and Bharat Electronics up by 1.39%. On the flip side, Infosys down by 1.20%, Tech Mahindra down by 0.83%, Axis Bank down by 0.79%, TCS down by 0.22% and Tata Motors down by 0.21% were the top losers.

Meanwhile, Financial Services Secretary M Nagaraju has said that the public sector banks have emerged stronger and more resilient, with credit growth outperforming their private peers in the recent past. He added that this reflects the growing robustness of the banking community, with significant improvements in due diligence, credit underwriting standards, and monitoring mechanisms for project loans. 

He pointed that customers are returning to public sector banks because of their renewed focus on efficiency, transparency, and trust. He also urged all banks to continue extending greater support to MSMEs and startups - the true drivers of India's economic growth. Further, he noted that banks must ensure that every customer is treated with dignity and respect, and that banks’ digital and service journeys remain seamless, resilient, and inclusive. 

Meanwhile, the Reserve Bank data had showed that the bank credit to industry grew at a slower pace of 6.5 per cent in August as against 9.7 per cent in the corresponding period last year. On a year-on-year (y-o-y) basis, non-food bank credit grew 9.9 per cent as on the fortnight ended August 22, 2025, compared to 13.6 per cent in the year-ago period. However, credit to micro and small, and medium industries continued to expand at a robust pace. 

The CNX Nifty is currently trading at 25273.65, up by 128.15 points or 0.51% after trading in a range of 25159.35 and 25279.45. There were 43 stocks advancing against 7 stocks declining on the index.

The top gainers on Nifty were Nestle up by 2.19%, JIO Financial Services up by 2.08%, HDFC Life Insurance up by 2.00%, Asian Paints up by 1.66% and Bajaj Finserv up by 1.58%. On the flip side, Infosys down by 1.19%, Axis Bank down by 0.86%, Tech Mahindra down by 0.77%, TCS down by 0.19% and Tata Motors down by 0.19% were the top losers.

Asian markets are trading mostly in green; Nikkei 225 surged 907.68 points or 1.94% to 47,755.00, Taiwan Weighted added 329.66 points or 1.23% to 27,122.81, Shanghai Composite strengthened 9.46 points or 0.24% to 3,874.69, KOSPI increased 83.86 points or 2.35% to 3,645.67, Hang Seng advanced 367.65 points or 1.45% to 25,809.00 and Straits Times rose 13.26 points or 0.3% to 4,367.78. 

On the flip side, Jakarta Composite plunged 27.47 points or 0.34% to 8,039.05.

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