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Markets trade under pressure; Bihar election results eyed
Nov-14-2025

Indian equity benchmarks made a negative start on Friday ahead of the Bihar election results and continued foreign fund outflows. Foreign institutional investors (FIIs) were net sellers of shares worth Rs 383.68 crore. however, soon markets made some recovery and were trading flat with negative bias in early deals. Some support came after Moody’s Ratings said it expects India - the fastest-growing G-20 economy - will grow at 6.5 per cent through 2027, supported by domestic and export diversification. Traders took note of report that India and Canada have held discussions on ways to promote bilateral trade and investments besides advancing collaborations in areas, including supply chain resilience, and health sectors.

Global cues remained weak as Asian counterparts were trading under pressure, reflecting uncertainty whether key U.S. economic reports will be released following the end of the longest government shutdown in U.S. history, which could alter the US Fed's decision on interest rates.

The BSE Sensex is currently trading at 84390.53, down by 88.14 points or 0.10% after trading in a range of 84042.75 and 84464.94. There were 15 stocks advancing against 16 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.22%, while Small cap index was up by 0.07%.

The top gaining sectoral indices on the BSE were Telecom up by 0.71%, Consumer Durables up by 0.49%, Utilities up by 0.37%, Power up by 0.36% and PSU up by 0.35%, while IT down by 0.96%, TECK down by 0.66%, Metal down by 0.31% and Basic Materials down by 0.28% were the top losing indices on BSE.

The top gainers on the Sensex were Eternal up by 1.04%, Adani Ports &Special up by 0.81%, Sun Pharma Inds. up by 0.79%, Axis Bank up by 0.58% and Trent up by 0.58%. On the flip side, Infosys down by 1.93%, TMCV down by 1.39%, Tata Steel down by 1.16%, Tech Mahindra down by 0.64% and ICICI Bank down by 0.60% were the top losers.

Meanwhile, Moody’s Ratings in its Global Macro Outlook has said it expects India - the fastest-growing G-20 economy - will grow at 6.5 per cent through 2027, supported by domestic and export diversification. Further, real GDP growth for 2025 calendar year is pegged at 7 per cent, higher than 6.7 per cent in 2024. It noted that India’s economic growth is supported by robust infrastructure spending and solid consumption, although the private sector remains cautious about business capital spending. 

It said Indian exporters, facing 50 per cent US tariffs on some products, have succeeded in redirecting exports, its overall exports climbed 6.75 per cent in September even as shipments to the US dropped 11.9 per cent. It added ‘We expect its economy to continue to grow around 6.5 per cent in 2026 and 2027, supported by a neutral-to-easy monetary policy stance amid low inflation’. It noted international capital flows because of positive international investor sentiment have buffered external shocks.

On global growth, Moody’s said it will likely remain steady but subdued with advanced economies growing modestly and emerging markets mostly maintaining stronger momentum. On trade, it said the possibility of China and the US decoupling has increased with rising restrictions and uncertainty, but other major economies could continue to strengthen their relationships. It added outlooks vary widely across G-20 economies. 

For China, Moody’s projected the economy to grow 5 per cent in 2025, supported by government stimulus and strong exports, but expects real GDP growth to gradually slow to 4.2 per cent by 2027. It said ‘Global real GDP growth will likely hover between 2.5 and 2.6 per cent in 2026 and 2027, down from 2.6 per cent in 2025 and 2.9 per cent in 2024’.

The CNX Nifty is currently trading at 25854.70, down by 24.45 points or 0.09% after trading in a range of 25766.30 and 25879.15. There were 25 stocks advancing against 26 stocks declining on the index.

The top gainers on Nifty were Eternal up by 1.16%, JIO Financial Services up by 0.93%, Adani Enterprises up by 0.75%, Adani Ports & SEZ up by 0.73% and SBI up by 0.66%. On the flip side, TMCV down by 3.37%, Infosys down by 1.93%, Tata Steel down by 1.25%, ONGC down by 0.94% and JSW Steel down by 0.93% were the top losers.

Asian markets are trading mostly in red; Nikkei 225 slipped 820.83 points or 1.6% to 50,461.00, Taiwan Weighted lost 369.09 points or 1.32% to 27,534.47, Hang Seng declined 340.03 points or 1.27% to 26,733.00, KOSPI dropped 107.45 points or 2.58% to 4,063.18, Straits Times fell 38.42 points or 0.84% to 4,537.49 and Shanghai Composite weakened 6.61 points or 0.16% to 4,022.89, while Jakarta Composite gained 15.01 points or 0.18% to 8,387.01.

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