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Bourses continue to trade lower in early afternoon session
Nov-18-2025

Indian markets continued to trade lower in early afternoon session tracing weak cues from other Asian markets. As for the broader indices, BSE Mid cap index and Small cap index traded with cut of over half a percent. Traders were cautious as commerce ministry in its latest data has showed that India’s merchandise exports contracted 11.8 per cent to $34.38 billion in October 2025 as compared to $38.98 billion in October 2024, on account of the impact of high tariffs by the US. Sector wise, agriculture sector stocks remained in limelight as sowing of Rabi-season crops has increased 10.31% at 208.19 lakh hectares area as on November 11, 2025. The total area covered under Rabi crops was 188.73 lakh hectares during the corresponding period of last year. On the global front, all Asian markets were trading lower ahead of several delayed US economic releases and shifting expectations around the Federal Reserve’s next move.

The BSE Sensex is currently trading at 84817.48, down by 133.47 points or 0.16% after trading in a range of 84558.36 and 85042.41. There were 7 stocks advancing against 23 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.62%, while Small cap index was down by 0.63%.

The only gaining sectoral indices on the BSE were Consumer Durables up by 0.17% and Bankex was up by 0.09%, while Realty down by 1.29%, Metal down by 1.10%, IT down by 0.90%, Basic Materials down by 0.90% and Industrials was down by 0.68% were the top losing indices on BSE.

The top gainers on the Sensex were Bharti Airtel up by 1.79%, Axis Bank up by 1.28%, Asian Paints up by 0.88%, Power Grid up by 0.46% and Eternal up by 0.40%. On the flip side, Tech Mahindra down by 1.38%, Bajaj Finance down by 1.04%, Bajaj Finserv down by 0.93%, Infosys down by 0.91% and Larsen & Toubro down by 0.88% were the top losers.

Meanwhile, the commerce ministry in its latest data has showed that India’s merchandise exports contracted 11.8 per cent to $34.38 billion in October 2025 as compared to $38.98 billion in October 2024, on account of the impact of high tariffs by the US. The country's imports jumped 16.63 per cent to an all-time high of $76.06 billion in October 2025 as compared to $65.21 billion in October 2024, due to high inbound shipments of the yellow metal, silver, cotton raw/waste, fertiliser, and sulphur. The trade deficit widened to a record high of $41.68 billion during the month, mainly due to a jump in gold imports. In September 2025, the trade gap widened to $31.15 billion, the highest in over a year.    

According to the data, merchandise exports during April-October 2025 were $254.25 billion as compared to $252.66 billion during April-October 2024. Merchandise imports during April-October 2025 were $451.08 billion as compared to $424.06 billion during April-October 2024. Merchandise trade deficit during April-October 2025 was $196.82 billion as compared to $171.40 billion during April-October 2024.

Non-petroleum and non-gems & jewellery exports in October 2025 were $28.14 billion as compared to $31.32 billion in October 2024. Non-petroleum and non-gems & jewellery exports in April-October 2025 were $203.40 billion as compared to $194.41 billion in April-October 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in October 2025 were $42.78 billion compared to $39.58 billion in October 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-October 2025 were $286.28 billion, as compared to $264.56 billion in April-October 2024.  

The CNX Nifty is currently trading at 25944.90, down by 68.55 points or 0.26% after trading in a range of 25877.10 and 26029.85. There were 13 stocks advancing against 37 stocks declining on the index.
The top gainers on Nifty were Bharti Airtel up by 1.75%, Axis Bank up by 1.30%, Asian Paints up by 0.83%, Power Grid up by 0.64% and Shriram Finance up by 0.48%. On the flip side, Interglobe Aviation down by 1.93%, Hindalco down by 1.77%, Tech Mahindra down by 1.37%, Infosys down by 1.29% and Bajaj Finserv down by 1.26% were the top losers.

All Asian markets are trading lower; Nikkei 225 slipped 1469.91 points or 3.01% to 48,854.00, Taiwan Weighted lost 691.19 points or 2.58% to 26,756.12, Hang Seng declined 539.28 points or 2.04% to 25,845.00, KOSPI dropped 135.63 points or 3.43% to 3,953.62, Jakarta Composite plunged 43.03 points or 0.51% to 8,373.85, Straits Times fell 32.96 points or 0.73% to 4,510.63 and Shanghai Composite was down by 32.22 points or 0.81% to 3,939.81.

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