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Key indices trade flat in morning deals
Jan-13-2026

Indian equity benchmarks were trading flat in morning deals, amid unabated foreign fund outflows and selling in blue-chip stocks. Foreign institutional investors offloaded equities worth Rs 3,638.40 crore on Monday, according to exchange data. Traders remained cautious as government data showed that retail inflation rose to a three-month high of 1.33 per cent in December 2025 mainly due to higher prices of kitchen essentials, including vegetables and protein-rich items. However, traders took some support as BMI, a Fitch Group company, has forecasted a 7.4 per cent growth for the current fiscal and 7 per cent for FY27 saying a favourable policy environment bodes well for India's economic outlook. On the global front, Asian markets were trading mostly in green as traders remained optimistic about the outlook for interest rates.

The BSE Sensex is currently trading at 83910.88, up by 32.71 points or 0.04% after trading in a range of 83578.56 and 84258.03. There were 9 stocks advancing against 21 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.03%, while Small cap index was up by 0.74%.

The top gaining sectoral indices on the BSE were Metal up by 1.01%, Basic Materials up by 0.71%, PSU up by 0.44%, IT up by 0.30% and Bankex up by 0.27%, while Healthcare down by 0.50%, Telecom down by 0.38%, Industrials down by 0.27%, Consumer Durables down by 0.22% and Realty down by 0.15% were the top losing indices on BSE.

The top gainers on the Sensex were Eternal up by 2.87%, Tech Mahindra up by 0.77%, SBI up by 0.76%, ICICI Bank up by 0.69% and HDFC Bank up by 0.68%. On the flip side, Larsen & Toubro down by 2.54%, Bharti Airtel down by 1.35%, Trent down by 1.31%, HCL Technologies down by 1.30% and Reliance Industries down by 1.09% were the top losers.

Meanwhile, India and Germany have unveiled new measures to strengthen cooperation in defence, trade, critical minerals and semiconductors. Prime Minister of India Narendra Modi and Chancellor Friedrich Merz vowed to bolster overall bilateral ties to jointly navigate challenges arising out of geopolitical upheaval. After talks between Prime Minister Narendra Modi and Chancellor Friedrich Merz, India and Germany signed 19 agreements, including a roadmap for defence industrial collaboration and another on expanding cooperation in the higher education sector. 

A separate pact was inked on engagement in the telecommunications sector. The two leaders also called for the early finalisation of the India–European Union (EU) free trade agreement to expand the overall trade basket. A visa-free transit for Indian passport holders for transiting through Germany was also announced to boost people-to-people ties. Prime Minister of India said ‘The growing cooperation in defence and security is a symbol of our mutual trust and shared vision. I express my heartfelt gratitude to Chancellor Merz for simplifying the processes related to defence trade.’ He added ‘We will also work on a roadmap to enhance cooperation between our defence industries, which will open up new opportunities for co-development and co-production.’ 

Prime Minister Narendra Modi and Chancellor Friedrich Merz reaffirmed their support for a free and open Indo-Pacific, respect for international law including the UN Convention on the Law of the Sea, and announced a new bilateral Indo-Pacific consultation mechanism. The move comes amid China's increasing military muscle-flexing in the region. Further, they also reaffirmed their strong support for the India-Middle East-Europe Economic Corridor, highlighting its transformational potential in reshaping and promoting global commerce, connectivity and prosperity.

The CNX Nifty is currently trading at 25799.45, up by 9.20 points or 0.04% after trading in a range of 25700.85 and 25899.80. There were 25 stocks advancing against 25 stocks declining on the index.

The top gainers on Nifty were Eternal up by 3.07%, ONGC up by 1.93%, Hindalco up by 1.23%, SBI up by 0.98% and JSW Steel up by 0.88%. On the flip side, Larsen & Toubro down by 2.04%, Dr. Reddy's Lab down by 1.47%, Cipla down by 1.28%, JIO Financial Serv. down by 1.13% and Trent down by 1.11% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 1708.11 points or 3.29% to 53,648.00, Taiwan Weighted added 83.38 points or 0.27% to 30,650.67, Jakarta Composite gained 2.12 points or 0.02% to 8,886.84, Shanghai Composite strengthened 0.42 points or 0.01% to 4,165.71, KOSPI increased 43.30 points or 0.94% to 4,668.09, Hang Seng advanced 327.52 points or 1.23% to 26,936.00 and Straits Times rose 21.48 points or 0.45% to 4,788.26. 
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