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Bourses extend gains in afternoon session
Oct-23-2025

Indian markets added more points in afternoon session as traders preferred to buy fundamental strong stocks. Sentiments were optimistic about potential India-US trade deal. Traders overlooked ministry of Commerce & Industry in its latest data has 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. During April-September of this fiscal year, the eight infrastructure sectors expanded by 2.9 per cent compared to a rise of 4.3 per cent in the same period of the last year. Sector wise, steel sector remained in limelight as an article published in the Reserve Bank of India’s (RBI) October Bulletin has said that India's steel sector faced significant headwinds due to cheap imports and dumping from major global steel producers during 2023-24 and 2024-25. On the global front, Asian markets were trading mixed ahead of upcoming U.S. Fed monetary policy meeting.

The BSE Sensex is currently trading at 85199.02, up by 772.68 points or 0.92% after trading in a range of 84867.97 and 85272.40. There were 25 stocks advancing against 5 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index gained 0.42%, while Small cap index was down by 0.04%.

The top gaining sectoral indices on the BSE were IT up by 3.13%, TECK up by 1.89%, Bankex up by 1.11%, FMCG up by 1.01% and Realty was up by 0.91%, while Telecom down by 0.56% and Healthcare was down by 0.06% were the only losing indices on BSE.

The top gainers on the Sensex were Infosys up by 4.62%, HCL Tech up by 3.80%, TCS up by 2.94%, Axis Bank up by 2.91% and Hindustan Unilever up by 2.08%. On the flip side, Eternal down by 1.67%, Bharti Airtel down by 1.21%, Ultratech Cement down by 0.77%, Adani Ports down by 0.69% and ICICI Bank down by 0.23% were the top losers.

Meanwhile, the Ministry of Commerce & Industry in its latest data has 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.  During April-September of this fiscal year, the eight infrastructure sectors expanded by 2.9 per cent compared to a rise of 4.3 per cent in the same period of the last year.  

Steel production having 17.92 per cent weight increased by 14.1 per cent in September, 2025 over September, 2024 and its cumulative index increased by 11.0 per cent during April to September, 2025-26 over corresponding period of the previous year. Cement production having 5.37 per cent weight increased by 5.3 per cent in September, 2025 over September, 2024 and its cumulative index increased by 7.7 per cent during April to September, 2025-26 over corresponding period of the previous year. 

Electricity generation having 19.85 per cent weight increased by 2.1 per cent in September, 2025 over September, 2024 and its cumulative index increased by 0.9 per cent during April to September, 2025-26 over corresponding period of the previous year. Fertilizer production having 2.63 per cent weight increased by 1.6 per cent in September, 2025 over September, 2024, while its cumulative index declined by 0.4 per cent during April to September, 2025-26 over corresponding period of the previous year. 

Coal production having 10.33 per cent weight declined by 1.2 per cent in September, 2025 over September, 2024 and its cumulative index declined by 0.7 per cent during April to September, 2025-26 over corresponding period of the previous year. Petroleum Refinery production having 28.04 per cent weight declined by 3.7 per cent in September, 2025 over September, 2024 and its cumulative index declined by 0.3 per cent during April to September, 2025-26 over corresponding period of the previous year. 

Natural Gas production having 6.88 per cent weight declined by 3.8 per cent in September, 2025 over September, 2024 and its cumulative index declined by 2.9 per cent during April to September, 2025-26 over corresponding period of the previous year. Crude Oil production having 8.98 per cent weight declined by 1.3 per cent in September, 2025 over September, 2024 and its cumulative index declined by 1.1 per cent during April to September, 2025-26 over corresponding period of the previous year. 

The CNX Nifty is currently trading at 26086.15, up by 217.55 points or 0.84% after trading in a range of 25991.70 and 26099.70. There were 38 stocks advancing against 12 stocks declining on the index.

The top gainers on Nifty were Infosys up by 4.58%, HCL Tech up by 3.90%, TCS up by 2.95%, Axis Bank up by 2.71% and Shriram Finance up by 2.70%. On the flip side, Eternal down by 1.61%, Bharti Airtel down by 1.25%, Dr. Reddy's Lab down by 1.08%, Interglobe Aviation down by 1.03% and Eicher Motors down by 0.90% were the top losers.

Asian markets were trading mixed; Hang Seng advanced 205.23 points or 0.8% to 25,987.00, Jakarta Composite gained 130.84 points or 1.6% to 8,283.39, Shanghai Composite strengthened 8.65 points or 0.22% to 3,922.41 and Straits Times was up by 6.54 points or 0.15% to 4,400.46. On the flip side, KOSPI dropped 38.12 points or 0.99% to 3,845.56, Taiwan Weighted lost 116.65 points or 0.42% to 27,532.26 and Nikkei 225 was down by 636.79 points or 1.31% to 48,671.00.
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