Indian equity benchmarks continued to trade higher in morning deals, following a decline in crude oil prices and supportive global cues. Fresh foreign fund inflows also added support to markets' positive trade. Foreign Institutional Investors (FIIs) bought equities worth Rs 4,859.07 crore on Friday, according to exchange data. Traders took solace with the Commerce and Industry Minister Piyush Goyal’s statement that the country's merchandise exports rose by about 15% during April-June 14, 2026 despite global economic uncertainties. He added that the country’s exports in 2025-26 recorded healthy growth even with 50% tariffs imposed by the US. Meanwhile, India and South Korea have held discussions on strengthening cooperation between the two countries in areas such as digital governance, e-government services, public administration, capacity development, and citizen-centric service delivery. On the global front, Asian markets are trading mostly in green as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.
The BSE Sensex is currently trading at 77263.25, up by 460.35 points or 0.60% after trading in a range of 77008.02 and 77265.61. There were 22 stocks advancing against 8 stocks declining on the index.
The top gaining sectoral indices on the BSE were Telecom up by 1.07%, Energy up by 1.05%, IT up by 0.83%, TECK up by 0.75% and Oil & Gas up by 0.73%, while Consumer Durables down by 0.51% and Power down by 0.11% were the few losing indices on BSE.
The top gainers on the Sensex were Reliance Industries up by 2.30%, Tech Mahindra up by 1.43%, Infosys up by 1.18%, HCL Technologies up by 1.08% and ICICI Bank up by 1.02%. On the flip side, Adani Ports &SEZ down by 1.16%, Interglobe Aviation down by 0.97%, Titan Company down by 0.87%, ITC down by 0.55% and Power Grid Corporation down by 0.53% were the top losers.
Meanwhile, India and South Korea have held discussions on strengthening cooperation between the two countries in areas such as digital governance, e-government services, public administration, capacity development, and citizen-centric service delivery. The discussions took place during talks between South Korea's Minister of Interior and Safety, Yun Hojung, and Union Minister of State for Personnel Jitendra Singh.
Jitendra Singh said ministries from both the countries are in advanced talks for finalisation of a Memorandum of Understanding (MoU) to promote cooperation in the field of public administration and government innovation. Discussions between the two sides focused on strengthening collaboration in areas such as digital transformation of government services, application of emerging technologies, including Artificial Intelligence, in public administration, capacity building of civil servants, citizen participation in governance, and best practices in public grievance redressal systems.
Singh highlighted India's significant strides in digital governance, public service delivery, and grievance redressal mechanisms under the leadership of Prime Minister Narendra Modi. He noted that India and Korea are both vibrant democracies with shared values, heritage and commitment to rule of law.
The CNX Nifty is currently trading at 24152.80, up by 139.70 points or 0.58% after trading in a range of 24073.15 and 24159.65. There were 37 stocks advancing against 13 stocks declining on the index.
The top gainers on Nifty were Cipla up by 3.62%, Tata Motors Passenger up by 2.57%, Reliance Industries up by 2.18%, Bajaj Auto up by 1.62% and Tech Mahindra up by 1.57%. On the flip side, Max Healthcare down by 1.46%, Adani Ports &SEZ down by 1.10%, Interglobe Aviation down by 0.91%, Adani Enterprises down by 0.79% and Titan Company down by 0.79% were the top losers.
Asian markets are trading mostly in green; Nikkei 225 surged 1399.94 points or 1.96% to 72,650.00, Taiwan Weighted added 1329.86 points or 2.86% to 47,795.06, Shanghai Composite strengthened 31.18 points or 0.76% to 4,121.66 and KOSPI increased 58.44 points or 0.65% to 9,110.86.
On the flip side, Hang Seng declined 128.81 points or 0.54% to 23,796.00, Straits Times fell 11.81 points or 0.23% to 5,180.89 and Jakarta Composite plunged 77.21 points or 1.25% to 6,099.93.
