Markets trade below unchanged lines

Indian equity benchmarks traded below the unchanged lines in late afternoon session as traders took a cautious approach ahead of the September-quarter earnings season. Besides, ongoing US government shutdown and concerns of US equities overvaluation have made the investors nervous. However, losses remained capped as buying in IT stocks lend some support. Further, market participants remained optimistic about the India-US trade deal as Commerce and Industry Minister Piyush Goyal has said that India and the US are in continuous dialogue on the proposed bilateral trade agreement, and all possibilities are there to meet the November deadline for concluding the talks.

On the global front, Asian equity markets were trading mostly in red tracking negative cues from Wall Street overnight. European equity markets were trading higher with banks and energy stocks leading the surge despite ongoing political crisis in France and US government shutdown worries.

The BSE Sensex is currently trading at 81850.47, down by 76.28 points or 0.09% after trading in a range of 81646.08 and 82257.74. There were 9 stocks advancing against 21 stocks declining on the index.

The broader indices were trading lower; the BSE Mid cap index declined 0.59%, while Small cap index was down by 0.26%.

The top gaining sectoral indices on the BSE were IT up by 1.56%, TECK up by 1.52%, Consumer Durables up by 0.47% and Telecom up by 0.11%, while Realty down by 1.55%, Power down by 1.36%, Utilities down by 1.13%, Capital Goods down by 1.12% and Auto down by 1.01% were the top losing indices on BSE.

The top gainers on the Sensex were Titan Company up by 4.23%, Infosys up by 2.57%, TCS up by 1.76%, Tech Mahindra up by 1.66% and HCL Technologies up by 1.23%. On the flip side, Tata Motors down by 1.92%, Mahindra & Mahindra down by 1.71%, Ultratech Cement down by 1.55%, Bharat Electronics down by 1.53% and Power Grid Corporation down by 1.40% were the top losers.

Meanwhile, the Reserve Bank of India (RBI) in its latest data report has showed that India’s outward foreign direct investment (OFDI) commitments declined 8.27% to $4419.43 million in September 2025, from $4817.89 million in September 2024. Sequentially, they were up from $2599.16 million in August 2025.

Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans and guarantees. According to the report, equity commitments surged more than 3 times to $2574.65 million in September 2025, compared to $828.10 million a year ago. They stood at $1001.62 million in August 2025.

Debt commitments decreased 21.94% to $952.32 million in September 2025, from $1219.99 million in September 2024. They were higher than $551.20 million recorded in August 2025. Further, guarantees for overseas units fell 67.77% to $892.46 million in September 2025, from $2769.80 million a year ago.

The CNX Nifty is currently trading at 25056.30, down by 52.00 points or 0.21% after trading in a range of 25008.50 and 25192.50. There were 16 stocks advancing against 34 stocks declining on the index.

The top gainers on Nifty were Titan Company up by 4.24%, Infosys up by 2.37%, TCS up by 1.81%, Tech Mahindra up by 1.67% and HCL Technologies up by 1.26%. On the flip side, Tata Motors down by 1.89%, Mahindra & Mahindra down by 1.74%, Ultratech Cement down by 1.56%, Bharat Electronics down by 1.55% and JIO Financial Services down by 1.53% were the top losers.

Asian equity markets were trading mostly in red; Nikkei 225 slipped 98.88 points or 0.21% to 47,852.00, Jakarta Composite plunged 22.38 points or 0.27% to 8,146.90, Hang Seng declined 137.77 points or 0.51% to 26,820.00, Taiwan Weighted lost 148.27 points or 0.55% to 27,063.68 and Straits Times fell 14.35 points or 0.32% to 4,457.91. Meanwhile, Shanghai Composite and KOSPI were remained closed on account of holiday.

European equity markets were trading higher; UK’s FTSE 100 increased 42.42 points or 0.45% to 9,526.00, France’s CAC rose 39.65 points or 0.5% to 8,014.50 and Germany’s DAX gained 98.12 points or 0.4% to 24,483.90.