Indian equity benchmarks managed to keep their heads above water in late morning deals on lower crude oil prices amid easing geopolitical worries in West Asia. Buying in IT, TECK and Realty stocks also supported the positive trend in the markets. Traders took some support with US Assistant Secretary of State S Paul Kapur’s statement that the United States and India are broadening cooperation in defence and civil nuclear energy, with a focus on trusted artificial intelligence (AI) and other emerging technologies that are driving economic growth. However, gains remain capped as exchange data showed Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,688.23 crore on Monday. On the global front, Asian markets are trading lower following the mixed cues from Wall Street overnight, dragged by sharp losses in with tech-heavy Japan and South Korea amid a selloff in technology or semiconductor stocks with mounting doubts of artificial-intelligence spending.
The BSE Sensex is currently trading at 76957.91, up by 122.13 points or 0.16% after trading in a range of 76705.22 and 76988.48. There were 18 stocks advancing against 11 stocks declining on the index.
The top gaining sectoral indices on the BSE were IT up by 3.48%, TECK up by 2.06%, Realty up by 1.73%, Consumer Durables up by 0.50% and Consumer Discretionary up by 0.46%, while Capital Goods down by 1.87%, Power down by 1.84%, Utilities down by 1.44%, Industrials down by 1.05% and PSU down by 0.80% were the top losing indices on BSE.
The top gainers on the Sensex were TCS up by 4.59%, HCL Technologies up by 3.44%, Tech Mahindra up by 3.37%, Eternal up by 2.87% and Infosys up by 2.59%. On the flip side, Hindustan Unilever down by 3.32%, Bharat Electronics down by 3.11%, NTPC down by 2.18%, Power Grid down by 1.59% and ICICI Bank down by 0.77% were the top losers.
Meanwhile, Minister of State for Finance Pankaj Chaudhary has said that the government has no proposal for a one-time waiver of loans of small and marginal farmers. Chaudhary said to provide relief to borrowers in distress, the Reserve Bank of India issued the Master Direction on Resolution of Stressed Assets, 2025.
The directions, released on November 28, 2025 and updated on July 1, 2026, provide lenders the discretion to undertake financial restructuring of borrowers under stress, based on their Board approved policies and regulatory guidelines.
Besides, he stated 5,17,657 guarantee issued to beneficiary enterprises under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 as on July 21, 2026. He added that amount of guarantee issued stood at Rs 1,90,523.78 crore. ECLGS 5.0 scheme was launched on May 8, 2026. The scheme is designed to provide risk mitigation for lending institutions to provide additional credit to borrowers, thereby helping businesses to tide over cash-flow disruptions and sustain operations.
The CNX Nifty is currently trading at 24035.75, up by 39.80 points or 0.17% after trading in a range of 23961.95 and 24041.15. There were 30 stocks advancing against 20 stocks declining on the index.
The top gainers on Nifty were TCS up by 4.65%, Tech Mahindra up by 3.40%, HCL Technologies up by 3.39%, Nestle India up by 2.89% and Eternal up by 2.74%. On the flip side, Hindustan Unilever down by 3.51%, Bharat Electronics down by 3.17%, Coal India down by 2.83%, NTPC down by 1.90% and Power Grid down by 1.61% were the top losers.
All Asian markets are trading lower; Nikkei 225 slipped 2808.19 points or 4.32% to 62,123.00, Taiwan Weighted lost 1998.82 points or 4.58% to 41,635.37, Jakarta Composite plunged 2.62 points or 0.04% to 6,183.16, Shanghai Composite weakened 46.87 points or 1.21% to 3,811.38, KOSPI dropped 712.21 points or 10.54% to 6,043.54, Hang Seng declined 39.18 points or 0.16% to 25,168.00 and Straits Times fell 9.49 points or 0.17% to 5,610.75.
