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Indices trim losses in late morning deals
Sep-29-2026

Domestic equity indices trimmed losses but continued to trade in the red in late morning deals, amid selling by funds and retail investors. Weak global cues and rising crude oil prices weighed on domestic sentiment. Crude oil prices rose as worries over the Mideast conflict continuing for longer take hold, even as efforts to reduce tensions are reportedly underway. The U.S. and Iran are reportedly talking separately to mediators as part of renewed efforts to end the conflict.

Both Sensex and Nifty traded lower, falling 0.42 percent and 0.37 percent, respectively, on account of selling in Reliance Industries, HDFC Bank, Infosys, ICICI Bank, and Hindustan Unilever. On the global front, Asian markets were trading mostly in red following negative cues from US markets overnight, amid a substantial rebound in both crude oil prices and bond yields, renewing concerns about the outlook for global inflation and interest rates.

The BSE Sensex is currently trading at 72464.59, down by 307.13 points or 0.42% after trading in a range of 72064.00 and 72684.90. There were 4 stocks advancing against 26 stocks declining on the index.

The top gaining sectoral indices on the BSE were Telecom up by 0.88%, Healthcare up by 0.32%, Industrials up by 0.11%, Metal up by 0.09% and Energy up by 0.04%, while Consumer Durables down by 0.76%, IT down by 0.73%, Auto down by 0.69% and FMCG down by 0.61%, Bankex down by 0.60% were the top losing indices on BSE.

The few gainers on the Sensex were Interglobe Aviation up by 0.39%, Adani Ports up by 0.38%, Sun Pharma up by 0.38% and Tech Mahindra up by 0.20%. On the flip side, HCL Technologies down by 1.84%, Bajaj Finance down by 1.73%, Infosys down by 1.45%, Axis Bank down by 1.41% and Hindustan Unilever down by 1.38% were the top losers.

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India's merchandise exports increased by 15 per cent up to September 21 in the current financial year (FY27) despite global economic uncertainties stemming from the ongoing US-Iran conflict.

The minister also said the United Arab Emirates (UAE), India's seventh-largest source of Foreign Direct Investment (FDI), has expressed an intent to invest an additional $25 billion in India in the near future, with the ultimate objective of taking its total investments in India to $100 billion over the coming years.

During April-August 2026-27, merchandise exports jumped 17.85 per cent year-on-year to $215.91 billion as compared to $183.21 billion in the corresponding period of FY26. Meanwhile, merchandise imports increased 18.21 per cent to $363 billion during April-August FY27, up from $307.09 billion in the same period of the previous fiscal year. 

The CNX Nifty is currently trading at 22696.65, down by 83.60 points or 0.37% after trading in a range of 22569.65 and 22753.20. There were 17 stocks advancing against 33 stocks declining on the index.

The top gainers on Nifty were Dr. Reddy's up by 1.74%, Adani Ports up by 1.02%, Adani Enterprises up by 0.80%, Coal India up by 0.76% and Sun Pharma up by 0.54%. On the flip side, HDFC Life Insurance down by 2.08%, Apollo Hospital down by 1.72%, Tata MotorsPassenger down by 1.51%, Infosys down by 1.44% and HCL Technologies down by 1.41% were the top losers.

Asian markets were trading mostly in red; Nikkei 225 slipped 942.62 points or 1.43% to 64,935.00, Taiwan Weighted lost 392.64 points or 0.82% to 47,631.96, Jakarta Composite plunged 12.86 points or 0.21% to 6,135.00, KOSPI dropped 62.48 points or 0.91% to 6,827.26, Hang Seng declined 210.51 points or 0.85% to 24,432.00 and Straits Times fell 30.25 points or 0.53% to 5,698.77. However, Shanghai Composite strengthened 3.88 points or 0.1% to 3,827.50.
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