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Markets trade higher in early deals; Nifty hits fresh all-time high
Nov-27-2025

With a positive opening Indian equity markets have extended their previous session’s gains and are now trading up by over quarter percent, on the back of fresh buying by funds and retail investors in early deals. The Nifty 50 hit a fresh all-time high after 14 months, as growing expectations of U.S. and domestic interest rate cuts next month lifted investors’ sentiment. Sentiments were upbeat as the International Monetary Fund said India's economy is estimated to grow at 6.6 per cent in 2025-26, noting that the Goods and Services Tax reforms are likely to help cushion the country from the adverse impact of the 50 per cent tariffs imposed by the US. Besides, there was encouragement in markets as the Union Cabinet has approved a scheme to promote manufacturing of rare earth permanent magnets with an outlay of Rs 7,280 crore.

On the global front, Asian markets were trading mostly in green following positive cues from US markets overnight, as traders continued to express optimism about the outlook for interest rates. Back home, on the BSE sectoral front, traders were seen piling up positions in Metal, Basic Materials, Bankex, Auto and Utilities, while selling was witnessed in Consumer Durables, Realty, Capital Goods and Oil & Gas.

The BSE Sensex is currently trading at 85862.79, up by 253.28 points or 0.30% after trading in a range of 85646.22 and 85938.00. There were 23 stocks advancing against 7 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.14%, while Small cap index up by 0.22%.

The top gaining sectoral indices on the BSE were Metal up by 0.70%, Basic Materials up by 0.54%, Bankex up by 0.41%, Auto up by 0.40% and Utilities up by 0.38%, while Consumer Durables down by 0.24%, Realty down by 0.20%, Capital Goods down by 0.10% and Oil & Gas down by 0.03% were the top losing indices on BSE.

The top gainers on the Sensex were Axis Bank up by 0.95%, Bajaj Finance up by 0.89%, Larsen & Toubro up by 0.74%, ICICI Bank up by 0.73% and Asian Paints up by 0.66%. On the flip side, Eternal down by 0.62%, Titan down by 0.28%, Maruti Suzuki down by 0.14%, Kotak Mahindra Bank down by 0.14% and Trent down by 0.05% were the top losers.

Meanwhile, the International Monetary Fund (IMF) has said that India's economy is estimated to grow at 6.6 per cent in current financial year (FY26). It noted that the Goods and Services Tax reforms are likely to help cushion the country from the adverse impact of the 50 per cent tariffs imposed by the US. It highlighted ‘India's economy has continued to perform well. Following the economic growth of 6.5 per cent in FY25, real GDP expanded by 7.8 per cent in the first quarter of FY26. It said that looking ahead, India's ambition to become an advanced economy can be supported by advancing comprehensive structural reforms that enable higher potential growth. Despite external headwinds, growth is expected to remain robust, supported by favourable domestic conditions.

It, however, noted that there are significant near-term risks to the economic outlook. On the upside, the conclusion of new trade agreements and faster implementation of structural reform domestically could boost exports, private investment, and employment. On the downside, further deepening of geoeconomic fragmentation could lead to tighter financial conditions, higher input costs, and lower trade, FDI, and economic growth. Unpredictable weather shocks could affect crop yields, adversely impact rural consumption and reignite inflationary pressures.

Besides, it stated headline inflation is projected to remain well contained, reflecting the one-off effect of the GST reform and continued benign food prices. Headline inflation has declined markedly, driven by subdued food prices. Moreover, it noted that the financial and corporate sectors have remained resilient, supported by adequate capital buffers and multi-year low non-performing assets. Fiscal consolidation has advanced, and the current account deficit has been contained, supported by resilient service exports.

The CNX Nifty is currently trading at 26285.15, up by 79.85 points or 0.30% after trading in a range of 26208.90 and 26295.55. There were 34 stocks advancing against 16 stocks declining on the index.

The top gainers on Nifty were Hindalco up by 1.01%, Axis Bank up by 0.95%, Bajaj Finance up by 0.87%, Larsen & Toubro up by 0.81% and Asian Paints up by 0.80%. On the flip side, Eicher Motors down by 0.90%, HDFC Life down by 0.90%, Eternal down by 0.73%, Adani Enterprises down by 0.41% and SBI Life down by 0.39% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 525.93 points or 1.06% to 50,085.00, Taiwan Weighted added 121.27 points or 0.44% to 27,530.81, Shanghai Composite strengthened 18.83 points or 0.49% to 3,883.01, KOSPI increased 20.42 points or 0.52% to 3,981.29, Hang Seng advanced 92.92 points or 0.36% to 26,021.00 and Straits Times rose 13.61 points or 0.3% to 4,515.17. However, Jakarta Composite plunged 41.57 points or 0.48% to 8,560.56.


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