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Key gauges continue to trade higher in morning deals
Oct-23-2025

Indian equity benchmarks continued to trade higher in morning deals, amid growing optimism on the US-India trade deal front. Fresh foreign fund inflows and buying in IT and TECK stocks also drove the markets higher.  Foreign Institutional Investors (FIIs) bought equities worth Rs 96.72 crore on Tuesday, according to exchange data. Traders took support with Commerce and Industry Minister Piyush Goyal’s statement that in the last few months, foreign investors have announced plans to invest over Rs 50,000 crore in India's finance and banking sectors. Traders overlooked the Ministry of Commerce & Industry's data showed that the output of eight key infrastructure sectors stood at 3 per cent in September 2025, slower than the 6.5 per cent expansion recorded in August 2025. It was 2.4 per cent in September last year. On the global front, Asian markets are trading mostly in red, mirroring Wall Street losses as investors weighed worries that this year’s tech-driven rally may be approaching its limits. 

The BSE Sensex is currently trading at 85115.84, up by 689.50 points or 0.82% after trading in a range of 84867.97 and 85272.40. There were 23 stocks advancing against 7 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index rose 0.47%, while Small cap index was down by 0.01%.

The top gaining sectoral indices on the BSE were IT up by 2.96%, TECK up by 2.04%, FMCG up by 1.00%, Bankex up by 0.95% and Power up by 0.61%, while Oil & Gas down by 0.55%, Energy down by 0.36% and Telecom down by 0.13% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 4.42%, HCL Technologies up by 3.19%, Axis Bank up by 2.56%, TCS up by 2.48% and Tech Mahindra up by 2.18%. On the flip side, Eternal down by 0.92%, Bharti Airtel down by 0.48%, Adani Ports &SEZ down by 0.45%, Ultratech Cement down by 0.34% and Bajaj Finserv down by 0.22% were the top losers.

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that in the last few months, foreign investors have announced plans to invest over Rs 50,000 crore in India's finance and banking sectors. Amidst global headwinds, Goyal said India is an oasis for investments. 

He stated that today, India is emerging as a preferred investment destination. He said even in turbulent times, Foreign Direct Investment (FDI) continues to flow robustly. This surge in FDI highlights the growing attractiveness of the Indian economy to global investors.

According to government data, FDI in India rose 15 per cent to $18.62 billion during April-June this fiscal year, while the inflow from the US nearly tripled to $5.61 billion during the quarter.

The CNX Nifty is currently trading at 26053.90, up by 185.30 points or 0.72% after trading in a range of 25991.70 and 26099.70. There were 36 stocks advancing against 14 stocks declining on the index.

The top gainers on Nifty were Infosys up by 4.60%, HCL Technologies up by 3.30%, TCS up by 2.59%, Shriram Finance up by 2.55% and Axis Bank up by 2.36%. On the flip side, Eternal down by 0.90%, Dr. Reddy's Lab down by 0.87%, Cipla down by 0.80%, Eicher Motors down by 0.73% and Interglobe Aviation down by 0.68% were the top losers.

Asian markets are trading mostly in red; Nikkei 225 slipped 842.12 points or 1.71% to 48,465.67, Taiwan Weighted lost 80.08 points or 0.29% to 27,568.83, KOSPI dropped 34.84 points or 0.90% to 3,848.84, Shanghai Composite weakened 26.63 points or 0.68% to 3,887.125 and Hang Seng declined 58.71 points or 0.23% to 25,723.06.

On the flip side, Jakarta Composite gained 105.79 points or 1.30% to 8,258.34 and Straits Times was up by 1.23 points or 0.03% to 4,395.15.

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