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Markets trade in green with marginal gains in late afternoon session
Nov-03-2025

Indian equity markets traded in green with marginal gains in late afternoon session. Traders took support with India's manufacturing industry exhibiting strength in the month of October, buoyed by GST (Goods and Services Tax) relief, productivity gains and tech investment. According to the survey report, the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) surged to 59.2 in October from 57.7 in September, indicating a quicker improvement in the health of the sector. However, gains remained capped amid fund outflows from Foreign Institutional Investors (FII). FIIs were the net sellers on Friday’s session, offloading equities worth Rs 6,769.34 crore. 

On the global markets, Asian equity markets were trading mixed Investors monitored the latest trade developments after the White House released details of a new trade and economic agreement reached between U.S. President Donald Trump and Chinese President Xi Jinping in South Korea. European equity markets were trading mostly in green ahead of regional manufacturing PMI prints due later in the day.

The BSE Sensex is currently trading at 84060.53, up by 121.82 points or 0.15% after trading in a range of 83609.54 and 84127.00. There were 18 stocks advancing against 12 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index gained 0.69%, while Small cap index was up by 0.81%.

The top gaining sectoral indices on the BSE were Telecom up by 2.77%, Realty up by 2.45%, Healthcare up by 1.15%, Oil & Gas up by 1.00% and PSU up by 0.79%, while IT down by 0.23%, Consumer Durables down by 0.06%, FMCG down by 0.06% and Utilities down by 0.00% were the few losing indices on BSE.

The top gainers on the Sensex were Mahindra & Mahindra up by 1.92%, Eternal up by 1.56%, SBI up by 1.52%, Bharti Airtel up by 1.05% and Tata Motors Passenger Vehicles up by 0.84%. On the flip side, Maruti Suzuki down by 3.40%, ITC down by 1.37%, TCS down by 1.33%, Larsen & Toubro down by 1.12% and Bharat Electronics down by 0.92% were the top losers.

Meanwhile, Reserve Bank of India (RBI) in its latest data showed that growth in bank credit to industry moderated to 7.3 per cent in September 2025, as compared with 8.9 per cent in the corresponding period last year. On a year-on-year basis, non-food bank credit grew 10.2 per cent as on the fortnight ended September 19, 2025, compared to 13 per cent during the corresponding fortnight of the previous year (September 20, 2024). Credit to 'micro and small' and 'medium' industries continued to grow in double-digits.

The data showed that among major industries, outstanding credit to 'all engineering', 'infrastructure', 'textiles', and 'vehicles, vehicle parts and transport equipment' recorded buoyant year-on-year growth. Further, credit to agriculture and allied activities registered a year-on-year growth of 9 per cent (16.4 per cent in the corresponding fortnight of the previous year). Advances to services sector registered a growth rate of 10.2 per cent year-on-year.

It said growth in credit to non-banking financial companies (NBFCs) decelerated, though segments such as tourism, hotels and restaurants, computer software, and commercial real estate witnessed robust growth. It said credit to personal loans segment recorded a decelerated year-on-year growth of 11.7 per cent, as compared with 13.4 per cent a year ago, largely due to moderation in growth of other personal loans, vehicle loans, and credit card outstanding.

The CNX Nifty is currently trading at 25774.50, up by 52.40 points or 0.20% after trading in a range of 25645.50 and 25803.10. There were 34 stocks advancing against 16 stocks declining on the index.

The top gainers on Nifty were Shriram Finance up by 6.33%, Tata Consumer Products up by 2.65%, Apollo Hospitals Enterprise up by 1.97%, Mahindra & Mahindra up by 1.80% and Eternal up by 1.54%. On the flip side, Maruti Suzuki down by 3.38%, ITC down by 1.44%, TCS down by 1.34%, Larsen & Toubro down by 1.15% and JSW Steel down by 0.96% were the top losers.

Asian equity markets were trading mixed; Hang Seng advanced 124.35 points or 0.48% to 26,031.00, Taiwan Weighted added 101.24 points or 0.36% to 28,334.59, KOSPI increased 114.37 points or 2.71% to 4,221.87, Straits Times rose 15.71 points or 0.35% to 4444.33 and Jakarta Composite jumped 111.20 points or 1.34% to 8275.08, while Shanghai Composite weakened 7.58 points or 0.19% to 3,947.21.

European equity markets were trading mostly in green; Germany’s DAX gained 25.8 points or 0.11% to 23,984.10 and UK’s FTSE 100 rose 20.75 points or 0.21% to 9738, while France’s CAC fell 11.07 points or 0.14% to 8,110.00.

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