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Bourses extend gains in early afternoon session
Nov-17-2025

Indian markets extended their gains in early afternoon session amid potential India-US trade deal. Traders kept close eye towards Federal Reserve meeting minutes, which going to out on November 20. Investors took note of report that the Reserve Bank of India (RBI) has permitted exporters to bring proceeds of their shipments in 15 months as against the prevailing timeframe of 9 months. The changes have been made following amendments to the Foreign Exchange Management (Export of Goods & Services) Regulations. The US imposed a 50% tariff on goods from India in August, since then exporters have been facing issues due to the steep tariffs. Besides, next round of negotiations between India and Chile on the proposed free trade agreement (FTA) is expected to be held in December 2025. On the global front, Asian markets were trading mixed despite Japan's industrial production expanded more than initially estimated in September. Industrial production climbed 2.6 percent month-on-month in September, reversing a 1.5 percent fall in August. In the initial estimate, industrial output showed an increase of 2.2 percent.

The BSE Sensex is currently trading at 84814.62, up by 251.84 points or 0.30% after trading in a range of 84581.08 and 84844.69. 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 0.56%, while Small cap index was up by 0.48%.

The top gaining sectoral indices on the BSE were Auto up by 0.83%, Bankex up by 0.74%, PSU up by 0.69%, Consumer Durables up by 0.61% and Consumer discretionary was up by 0.60%, while Metal down by 0.20%, IT down by 0.06% and Basic Materials was down by 0.03% were the few losing indices on BSE.

The top gainers on the Sensex were Kotak Mahindra Bank up by 1.45%, Mahindra & Mahindra up by 1.33%, Bajaj Finance up by 1.09%, Titan Company up by 1.08% and Eternal up by 1.04%. On the flip side, Tata Motors Passenger down by 4.65%, Bharat Electronics down by 0.97%, Ultratech Cement down by 0.89%, Asian Paints down by 0.38% and Reliance Industries down by 0.31% were the top losers.

Meanwhile, with an aim to support exporter amid high US tariffs, the Reserve Bank of India (RBI) has permitted exporters to bring proceeds of their shipments in 15 months as against the prevailing timeframe of 9 months. The changes have been made following amendments to the Foreign Exchange Management (Export of Goods & Services) Regulations. The US imposed a 50% tariff on goods from India in August, since then exporters have been facing issues due to the steep tariffs. Currently, the value of goods or software exports made by exporters is required to be realised fully and repatriated to the country within a period of 9 months from the date of export.

Earlier in November, the government approved two schemes with a combined outlay of over Rs 45,000 crore for exporters. The schemes are aimed at boosting the country's outbound shipments and enhancing the competitiveness of domestic goods in the global markets. The government approved the Export Promotion Mission and the Credit Guarantee Scheme with an outlay of Rs 25,060 crore and Rs 20,000 crore, respectively.

During the April-September period of 2025, India’s cumulative exports (merchandise & services) grew 4.45% to $413.30 billion as compared to $395.71 billion for the same period of 2024. During the same period, the country’s merchandise exports rose 3.01% to $220.12 billion as compared to $213.68 billion for the same period of last year. The estimated value of service exports during April-September 2025 is $193.18 billion as compared to $182.03 billion in April-September 2024.

The CNX Nifty is currently trading at 25972.70, up by 62.65 points or 0.24% after trading in a range of 25906.35 and 25979.80. There were 31 stocks advancing against 18 stocks declining on the index, while 1 stock remained unchanged. 

The top gainers on Nifty were Bajaj Auto up by 1.89%, Tata Consumer up by 1.55%, Shriram Finance up by 1.54%, Eternal up by 1.23% and Eicher Motors up by 1.22%. On the flip side, Tata Motors Passenger down by 4.42%, Ultratech Cement down by 1.04%, HDFC Life Insurance down by 1.03%, Bharat Electronics down by 0.89% and Interglobe Aviation down by 0.84% were the top losers.

Asian markets were trading mixed; Hang Seng declined 253.46 points or 0.95% to 26,319.00, Nikkei 225 slipped 116.53 points or 0.23% to 50,260.00, Shanghai Composite weakened 18.75 points or 0.47% to 3,971.74 and Straits Times was down by 5.72 points or 0.13% to 4,540.35. On the flip side, Taiwan Weighted added 49.81 points or 0.18% to 27,447.31, Jakarta Composite gained 73.37 points or 0.88% to 8,443.81 and KOSPI was up by 77.68 points or 1.9% to 4,089.25.

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