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Indices trade slightly in red in late morning deals
Oct-14-2026

Domestic equity indices were trading below neutral lines in late morning deals amid mixed cues from the other Asian markets. Sentiment remained subdued as crude oil prices rose amid concerns over supply disruptions, with tensions continuing to escalate in the Middle East amid fighting between Iran-backed Houthis and Saudi Arabia. Besides, market participants remained on the sidelines ahead of the release of the Wholesale Price Index (WPI) data for September.

Both Sensex and Nifty were trading slightly in the red amid selling pressure in shares of HDFC Bank, ICICI Bank, Bajaj Finance, Mahindra & Mahindra, and State Bank of India. On the BSE sectoral, traders were seen pilling up positions in IT, Energy, FMCG, TECK and Utilities, while selling was witnessed in Healthcare, Metal, Auto, Realty and Consumer Durables. On the global front, Asian markets were trading mixed following negative cues from US markets overnight.

The BSE Sensex is currently trading at 72988.64, down by 45.14 points or 0.06% after trading in a range of 72894.41 and 73195.26. There were 15 stocks advancing against 15 stocks declining on the index.

The top gaining sectoral indices on the BSE were IT up by 1.25%, Energy up by 1.16%, FMCG up by 0.96%, TECK up by 0.90% and Utilities up by 0.88%, while Healthcare down by 0.65%, Metal down by 0.34%, Auto down by 0.18%, Realty down by 0.17% and Consumer Durables down by 0.05% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 2.11%, TCS up by 1.90%, Hindustan Unilever up by 1.19%, HCL Technologies up by 1.14% and Ultratech Cement up by 1.09%. On the flip side, Bajaj Finserv down by 1.49%, Bajaj Finance down by 1.36%, Eternal down by 1.12%, ICICI Bank down by 0.97% and Larsen & Toubro down by 0.95% were the top losers.

Meanwhile, with an aim of strengthening bilateral ties, Defence Secretary Rajesh Kumar Singh has held discussions with Cypriot defence minister Vasilis Palmas. During the discussions, both sides underlined the ‘untapped potential’ for further expansion in the ongoing defence and defence industrial cooperation and explored ways for further expansion in the cooperation. They also exchanged views on a range of bilateral, regional and global issues, in which maritime security cooperation emerged as one of the major areas of common interest.

Besides, he held talks with Permanent Secretary and officials of the Armament Directorate of the Republic of Cyprus. The talks were focused on strengthening bilateral defence industrial cooperation. India expressed its willingness to collaborate with Cyprus in maritime security through capacity building, expert-level exchanges and technical assistance, leveraging India's expertise in coastal security and maritime cooperation.

Singh also had a separate meeting with Chief of the National Guard of the Republic of Cyprus, Lt Gen Emmanouel Theodorou, to discuss bilateral defence and security cooperation and regional security developments. Both sides agreed to enhance military-to-military engagement and explore collaboration in training and capacity building in emerging domains, including AI, Cyber Security, Electronic Warfare and Multi-Domain Operations.

The CNX Nifty is currently trading at 22695.75, down by 26.20 points or 0.12% after trading in a range of 22663.80 and 22757.95. There were 19 stocks advancing against 31 stocks declining on the index.

The top gainers on Nifty were Nestle India up by 2.29%, Coal India up by 2.18%, Infosys up by 2.14%, Tata Consumer up by 1.87% and TCS up by 1.67%. On the flip side, Shriram Finance down by 3.65%, HDFC Life Insurance down by 2.01%, Bajaj Finserv down by 1.78%, SBI Life Insurance down by 1.55% and Dr. Reddy's down by 1.32% were the top losers.

Asian markets were trading mixed; Nikkei 225 surged 357.48 points or 0.53% to 68,135.00, Taiwan Weighted added 441.3 points or 0.91% to 48,782.61, Jakarta Composite gained 48.31 points or 0.81% to 5,974.29 and Hang Seng advanced 56.78 points or 0.23% to 24,402.00. However, Shanghai Composite weakened 21.83 points or 0.57% to 3,779.03, KOSPI dropped 1.04 points or 0.02% to 6,034.31 and Straits Times fell 0.16 points or 0% to 5,430.34.


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