Indices remain in green in late morning deals

Domestic equity indices remained in the green in late morning deals on account of buying by funds and retail investors. Sentiments remained upbeat as Reserve Bank of India (RBI) Governor Sanjay Malhotra has said that the rural economy and the agriculture sector have become more resilient over the years, supported by the growth of allied activities, expanded irrigation, greater farm mechanisation, and improved crop varieties. Further, support also came in as crude oil prices trended lower on progress in Iran-Oman talks.

The BSE Sensex gained over a quarter percent on account of buying in index heavyweights, namely Reliance Industries, ICICI Bank, and Titan Company. Further, the Nifty 50 traded marginally in the green, led by Reliance Industries, Shriram Finance and Bharat Electronics, and Cipla. However, gains remained capped as selling pressure was seen in HCL Technologies, Maruti Suzuki India, Bharti Airtel and Bajaj Finance.

On the global front, Asian markets were trading mixed following mostly negative cues from the US markets overnight. Back home, on the BSE sectoral front, traders were seen piling up positions in Capital Goods, Energy, Industrials, Healthcare and Oil & Gas, while selling was witnessed in Utilities, Power, Realty, IT and Metal.  

The BSE Sensex is currently trading at 78854.28, up by 273.28 points or 0.35% after trading in a range of 78633.73 and 78892.16. There were 12 stocks advancing against 18 stocks declining on the index.

The top gaining sectoral indices on the BSE were Capital Goods up by 0.94%, Energy up by 0.87%, Industrials up by 0.84%, Healthcare up by 0.54% and Oil & Gas up by 0.46%, while Utilities down by 0.86%, Power down by 0.77%, Realty down by 0.67%, IT down by 0.23% and Metal down by 0.22% were the top losing indices on BSE.

The top gainers on the Sensex were Eternal up by 2.51%, Reliance Industries up by 2.15%, Bharat Electronics up by 2.03%, Titan Company up by 1.38% and ICICI Bank up by 0.87%. On the flip side, Power Grid down by 3.83%, NTPC down by 1.21%, Trent down by 1.00%, Mahindra & Mahindra down by 0.89% and Infosys down by 0.71% were the top losers.

Meanwhile, the government has operationalised the Inventory-based Cross-border E-Commerce Export Framework under the Foreign Trade Policy (FTP), 2023 through a Notification and Public Notice issued on August 5, 2026. The framework provides a comprehensive policy and procedural architecture for facilitating inventory-based cross-border e-commerce exports of goods manufactured or produced in India. The initiative follows the amendment to the Foreign Direct Investment (FDI) Policy through Press Note No. 3 (2026 Series), which permits inventory-based e-commerce operations exclusively for exports. The framework enables such exports while safeguarding the interests of Indian sellers. The rapid growth of cross-border e-commerce presents a significant opportunity for Indian manufacturers, artisans and MSMEs to access global markets. 

Under the framework, eligible e-commerce entities may undertake export-only inventory operations through a registered Exporter-on-Record (EOR). The EOR procures goods from Indian Sellers-on-Record (SORs) against confirmed overseas orders, undertakes exports in its own name, and assumes responsibility for export operations as well as compliance with destination-country requirements. By leveraging a registered Exporter-on-Record, Indian sellers can access overseas markets while delegating export documentation, customs formalities, destination-country regulatory compliance, product testing and certification, packaging, labelling, fulfilment, logistics and reverse logistics to the EOR. The framework also ensures timely payment to sellers, transparency in overseas sales and clear accountability for export compliance, thereby reducing compliance costs and enabling Indian enterprises to focus on production and innovation while expanding their global market access.

The framework incorporates several safeguards to ensure that the benefits of e-commerce exports accrue to Indian manufacturers and MSMEs while maintaining regulatory oversight. Export inventory may be procured only against confirmed export orders, and speculative inventory build-up for export purposes is not permitted. The export inventory must be distinctly identified, segregated and maintained through a digital repository to ensure complete traceability. Further, export inventory cannot be diverted for sale in the domestic market. 

The framework also provides for timely payments to Indian sellers within the prescribed timeline, irrespective of the receipt of payment from overseas buyers. Export rebates and refunds are required to be apportioned and passed through to the Sellers-on-Record in proportion to the FOB value attributable to their goods. In addition, sellers are provided visibility regarding the final sale price, order status and shipment tracking of their products. The framework is expected to facilitate greater participation of Indian manufacturers, traders and MSMEs in global e-commerce supply chains by providing access to organised fulfilment networks while ensuring transparency, timely payments, effective pass-through of export benefits and robust regulatory oversight.

The CNX Nifty is currently trading at 24672.55, up by 47.90 points or 0.19% after trading in a range of 24604.15 and 24675.05. There were 22 stocks advancing against 28 stocks declining on the index.

The top gainers on Nifty were Reliance Industries up by 2.65%, Shriram Finance up by 2.55%, Eternal up by 2.51%, Bharat Electronics up by 1.96% and Cipla up by 1.72%. On the flip side, Power Grid down by 3.53%, Trent down by 1.95%, Hindalco Industries down by 1.55%, NTPC down by 1.51% and ONGC down by 1.10% were the top losers.

Asian markets were trading mixed; Nikkei 225 slipped 620.44 points or 0.94% to 65,680.00, Taiwan Weighted lost 214.9 points or 0.48% to 44,396.70, KOSPI dropped 297.19 points or 4.72% to 6,301.07 and Hang Seng declined 432.82 points or 1.67% to 25,483.00. However, Jakarta Composite gained 0.2 points or 0% to 6,351.34, Shanghai Composite strengthened 5.2 points or 0.13% to 3,883.63 and Straits Times rose 44.3 points or 0.79% to 5,625.67.