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Indices trade above neutral lines in late morning deals
Dec-18-2025

Domestic equity indices traded above neutral lines in late morning deals on account of value buying at lower levels. Further, sentiments were improved as foreign institutional investors (FIIs) turned buyers on December 17, 2025. Besides, the sentiments were supported by Indian rupee appreciating 21 paise to 90.16 against the dollar at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks. On the BSE sectoral front, traders were seen piling up positions in IT, TECK, Metal, Bankex and Consumer Durables, while selling was witnessed in Auto, Power, Capital Goods, Industrials and Utilities.

On the global front, Asian markets were trading mostly in red following negative cues from the US markets overnight. Back home, in the stock specific development, Ola Electric dropped after promoter Bhavish Aggarwal offloaded an additional 4.2 crore shares in the company via open market transactions.

The BSE Sensex is currently trading at 84618.44, up by 58.79 points or 0.07% after trading in a range of 84238.43 and 84675.38. There were 14 stocks advancing against 16 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index was down by 0.15%, while Small cap index down by 0.45%.

The top gaining sectoral indices on the BSE were IT up by 0.73%, TECK up by 0.58%, Metal up by 0.52%, Bankex up by 0.34% and Consumer Durables up by 0.31%, while Auto down by 1.00%, Power down by 0.99%, Capital Goods down by 0.95%, Industrials down by 0.79% and Utilities down by 0.79% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 1.24%, TCS up by 1.16%, ICICI Bank up by 0.96%, Axis Bank up by 0.74% and Bajaj Finserv up by 0.68%. On the flip side, Sun Pharma down by 3.04%, Mahindra & Mahindra down by 1.42%, Power Grid down by 1.15%, Tata MotorsPassenger down by 1.07% and NTPC down by 0.95% were the top losers.

Meanwhile, the textiles ministry has said that the exports of textiles and apparel including handicrafts from India rose 9.4% on year-on-year (YoY) to $2.85 billion in November 2025 from $2.60 billion in November 2024. The ministry has pointed that the US is the largest export market for India's textile and apparel industry despite of steep 50% tariffs imposed on Indian goods.

The Indian textile and apparel industry is estimated at $179 billion in 2024-25. During the period, domestic market for Indian textile and apparel is projected at $142 billion, while export market valued at $37 billion. In November 2025, the key segments like ready-made garments (RMG), man-made yarn/fabrics/ made-ups, cotton yarn/fabrics/made-ups and handloom products and handicrafts, have registered considerable growth. In November 2025, the RMG segment reported 11.30% rise, while man-made yarn/fabrics/ made-ups and cotton yarn/fabrics/made-ups and handloom products grew 15.70% and 4.10%, respectively. Further, output of handicrafts (excluding handmade carpets) surged 29.70%.

The ministry noted that the exports of RMG rose 3.60% YoY during the January-November 2025. Meanwhile, exports of jute products reported 6.10% YoY growth during the same period. Further, the cumulative exports of textiles and apparel (excluding handicrafts) during January-November grew marginally to $32.56 billion as compared to $ 32.47 billion in the same period last year.

The CNX Nifty is currently trading at 25855.35, up by 36.80 points or 0.14% after trading in a range of 25726.30 and 25863.95. There were 28 stocks advancing against 22 stocks declining on the index.

The top gainers on Nifty were Interglobe Aviation up by 1.84%, Max Healthcare Inst up by 1.77%, Shriram Finance up by 1.25%, Infosys up by 1.24% and Hindalco up by 1.16%. On the flip side, Sun Pharma down by 3.06%, Mahindra & Mahindra down by 1.43%, Power Grid down by 1.23%, Bajaj Auto down by 1.07% and NTPC down by 1.03% were the top losers.

Asian markets were trading mostly in red; Nikkei 225 slipped 429.28 points or 0.87% to 49,083.00, Taiwan Weighted lost 82.2 points or 0.3% to 27,442.97, KOSPI dropped 48.34 points or 1.19% to 4,008.07, Hang Seng declined 117.78 points or 0.46% to 25,351.00 and Straits Times fell 12.41 points or 0.27% to 4,563.07. However, Jakarta Composite gained 0.96 points or 0.01% to 8,678.31 and Shanghai Composite strengthened 7.12 points or 0.18% to 3,877.40.

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