HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets trade slightly in red in early deals
Nov-04-2025

Indian equity markets have made cautious start and are trading slightly in red in early deals on Tuesday on account of selling in Power Grid, Eternal, Maruti Suzuki, HCL Technologies and Bharat Electronics companies’ stocks. Weak cues from other Asian markets weighed on the domestic sentiments. Sentiments were also weak as Foreign institutional investors (FIIs) were net sellers of shares worth Rs 1,883.78 crore on November 03, 2025. Traders over looked report that the commerce ministry said negotiators of India and the EU has commenced talks to resolve outstanding issues in the proposed free trade agreement, as the deadline to conclude the talks nears.

On the global front, Asian markets were trading mostly in red as traders were reluctant to make more significant moves ahead of the release of US payroll processor ADP's report on private sector employment on Wednesday. Back home, traders were seen piling up positions in Telecom, TECK, Realty, Oil & Gas and Consumer Durables while selling was witnessed in Utilities, Power, Auto, PSU and IT.

The BSE Sensex is currently trading at 83899.01, down by 79.48 points or 0.09% after trading in a range of 83883.21 and 84068.01. There were 8 stocks advancing against 22 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.07%, while Small cap index up by 0.09%.

The top gaining sectoral indices on the BSE were Telecom up by 2.06%, TECK up by 0.60%, Realty up by 0.26%, Oil & Gas up by 0.19% and Consumer Durables up by 0.18%, while Utilities down by 1.03%, Power down by 0.86%, Auto down by 0.62%, PSU down by 0.45% and IT down by 0.44% were the top losing indices on BSE.

The top gainers on the Sensex were Bharti Airtel up by 2.82%, Titan up by 0.87%, Reliance Industries up by 0.29%, Adani Ports up by 0.17% and TCS up by 0.11%. On the flip side, Power Grid down by 2.78%, Eternal down by 1.30%, Maruti Suzuki down by 0.91%, HCL Technologies down by 0.84% and Bharat Electronics down by 0.77% were the top losers.

Meanwhile, the commerce ministry has said that officials of India and New Zealand started the fourth round (November 3-7, 2025) of negotiations in Auckland for the proposed free trade agreement (FTA). Commerce and Industry Minister Piyush Goyal will reach Auckland this week to meet his New Zealand counterpart Todd McClay to review the progress of the negotiations. Negotiations in this round are focusing on key areas, including trade in goods and services, and Rules of Origin. 

The ministry said ‘Both sides are working constructively to build on the progress achieved in earlier rounds, to reach convergence on outstanding issues and move towards the early conclusion of the FTA’.  The FTA negotiations was formally launched on March 16, 2025. The third round of negotiations for the agreement concluded on September 19 in Queenstown, New Zealand. India's bilateral merchandise trade with New Zealand stood at $1.3 billion in 2024-25, registering a growth of nearly 49 per cent over the previous year.

The proposed FTA is expected to further boost trade flows, promote investment linkages, strengthen supply chain resilience, and create a predictable framework for businesses in both countries. New Zealand's average import tariff is just 2.3 per cent. In a free trade agreement, two countries either significantly reduce or eliminate customs duties on maximum number of goods traded between them. They also ease norms to promote trade in goods and services.

India's key goods exports to New Zealand include clothing, fabrics, and home textiles; medicines and medical supplies; refined petrol; agricultural equipment and machinery such as tractors and irrigation tools, auto, iron and steel, paper products, electronics, shrimps, diamonds, and basmati rice. The main imports are agricultural goods, minerals, apples, kiwifruit, meat products such as lamb, mutton, milk albumin, lactose syrup, coking coal, logs and sawn timber, wool, and scrap metals.

The CNX Nifty is currently trading at 25730.55, down by 32.80 points or 0.13% after trading in a range of 25722.40 and 25787.40. There were 15 stocks advancing against 35 stocks declining on the index.

The top gainers on Nifty were Bharti Airtel up by 2.77%, Titan up by 0.86%, Adani Enterprises up by 0.83%, HDFC Life Insurance up by 0.46% and Shriram Finance up by 0.35%. On the flip side, Power Grid down by 3.04%, Tata Consumer down by 2.51%, Coal India down by 2.16%, Eicher Motors down by 1.42% and Eternal down by 1.33% were the top losers.

Asian markets were trading mostly in red; Nikkei 225 slipped 131.34 points or 0.25% to 52,280.00, Taiwan Weighted lost 125.07 points or 0.44% to 28,209.52, Shanghai Composite weakened 7.47 points or 0.19% to 3,969.05, KOSPI dropped 69.02 points or 1.63% to 4,152.85 and Straits Times fell 6.95 points or 0.16% to 4,437.38. However, Jakarta Composite gained 21.02 points or 0.25% to 8,296.10 and Hang Seng advanced 50.64 points or 0.19% to 26,209.00.
  RELATED NEWS >>
Most Viewed >>
October 31 , 2025
Gold ETFs offer over 53% return in 2025 so far
November 01 , 2025
These large-cap mutual funds delivered over 20
November 01 , 2025
Equity mutual funds offer up to 9% returns in
November 03 , 2025
FPIs bought bonds worth Rs.13,397 cr via FAR i
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.