Key gauges trade lower in morning deals

Indian equity benchmarks were trading lower in morning deals, amid uncertainty related to the India-US trade deal and persistent foreign fund outflows. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 6,082.47 crore on Monday, according to exchange data. Some concern came as data showed India's industrial production growth slowed to a 10-month low of 1.5 per cent in June 2025 due to poor performance of mining and power sectors, which were impacted by early arrival of monsoon and rains. The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 4.9 per cent in June 2024. On the global front, Asian markets are trading mostly in red as investors stayed cautious amid a week packed with economic data and corporate earnings. Also, initial optimism surrounding newly proposed trade agreements with Japan and the European Union by US President Donald Trump began to fade.

The BSE Sensex is currently trading at 80729.54, down by 161.48 points or 0.20% after trading in a range of 80575.45 and 80990.72. There were 9 stocks advancing against 21 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index rose 0.02%, while Small cap index was down by 0.15%.

The top gaining sectoral indices on the BSE were Realty up by 1.06%, Basic Materials up by 0.33%, Metal up by 0.31%, Healthcare up by 0.29% and Energy up by 0.17%, while Capital Goods down by 0.86%, IT down by 0.51%, Consumer Durables down by 0.47%, Power down by 0.45% and Utilities down by 0.44% were the top losing indices on BSE.

The top gainers on the Sensex were Bharti Airtel up by 0.68%, Reliance Industries up by 0.48%, Tata Motors up by 0.46%, HCL Technologies up by 0.30% and Sun Pharma up by 0.30%. On the flip side, Bharat Electronics down by 1.90%, Eternal down by 1.50%, NTPC down by 1.01%, Axis Bank down by 0.96% and Infosys down by 0.88% were the top losers.

Meanwhile, digital payments across country rose as the RBI’s Digital Payments Index (DPI) stood at 493.22 as of March 2025, as compared to 445.50 in March 2024, up 10.71 per cent. DPI was 465.33 in September 2024. Digital Payments Index measures the adoption of online transactions. The increase in RBI-DPI index was driven by significant growth in parameters viz. Payment Infrastructure - Supply-side factors and Payment Performance across the country over the period.

The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India - Digital Payments Index (RBI-DPI) since January 1, 2021, with March 2018 as the base year to capture the extent of digitisation of payments across the country.

The RBI-DPI comprises five broad parameters that enable measurement of deepening and penetration of digital payments in the country over different time periods. These parameters are Payment Enablers (weight 25 per cent), Payment Infrastructure - Demand-side factors (10 per cent), Payment Infrastructure - Supply-side factors (15 per cent), Payment Performance (45 per cent) and Consumer Centricity (5 per cent). 

The CNX Nifty is currently trading at 24637.75, down by 43.15 points or 0.17% after trading in a range of 24598.60 and 24727.15. There were 19 stocks advancing against 31 stocks declining on the index.

The top gainers on Nifty were JIO Financial Services up by 1.98%, JSW Steel up by 1.57%, Apollo Hospital up by 0.86%, Bharti Airtel up by 0.80% and Reliance Industries up by 0.42%. On the flip side, Bharat Electronics down by 2.03%, Eternal down by 1.71%, Axis Bank down by 1.26%, Bajaj Finserv down by 1.21% and NTPC down by 1.17% were the top losers.

Asian markets are trading mostly in red; Nikkei 225 slipped 402.27 points or 0.98% to 40,596.00, Taiwan Weighted lost 245.69 points or 1.05% to 23,167.29, Hang Seng declined 288.13 points or 1.13% to 25,274.00, Straits Times fell 17.3 points or 0.41% to 4,223.84 and Shanghai Composite weakened 2.79 points or 0.08% to 3,595.15.

On the flip side, KOSPI increased 13.81 points or 0.43% to 3,223.33 and Jakarta Composite gained 9.49 points or 0.12% to 7,624.26.