Indices remain positive in late morning deals

Domestic equity indices remained positive in late morning deals on Monday on account of positive cues from the global markets. Sentiments got a boost following an unexpected loss of jobs in U.S. in July which signaled that the Federal Reserve could leave monetary policy on hold for now. Further, some support also came in as foreign institutional investors (FIIs) turned net buyers in Indian equities on August 7, 2026, purchasing a net amount of Rs 480.24 crore after two consecutive sessions of selling. 

Sensex and Nifty were trading marginally in the green on account of buying in stocks of Infosys, HCL Technologies and Titan Company. However, gains remained capped as crude oil prices rose amid uncertainty over the U.S.-Iran deal on the Strait of Hormuz. On the BSE sectoral front, traders were seen piling up positions in Realty, IT, Consumer Durables, Auto and Consumer Disc, while selling was witnessed in PSU, Utilities, Bankex and Power. On the global front, Asian markets were trading mostly higher, tracking positive cues from the U.S. markets on Friday.   

The BSE Sensex is currently trading at 78607.24, up by 108.07 points or 0.14% after trading in a range of 78298.92 and 78676.98. There were 19 stocks advancing against 11 stocks declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 1.44%, IT up by 1.05%, Consumer Durables up by 0.93%, Auto up by 0.85% and Consumer Disc up by 0.69%, while PSU down by 0.47%, Utilities down by 0.42%, Bankex down by 0.28% and Power down by 0.02% were the losing top indices on BSE.

The top gainers on the Sensex were Titan Company up by 3.24%, Tata Steel up by 1.76%, Infosys up by 1.33%, Trent up by 0.97% and HCL Technologies up by 0.88%. On the flip side, NTPC down by 1.20%, Kotak Mahindra Bank down by 1.02%, Power Grid down by 0.90%, State Bank of India down by 0.68% and Bharti Airtel down by 0.68% were the top losers.

Meanwhile, Minister of State for Commerce and Industry Jitin Prasada has said that issuance of certificates of origin, a key document for exporters seeking duty benefits under free trade agreements (FTAs), has more than doubled from 3.6 lakh in 2021-22 to over 7.8 lakh in 2026-27 so far.  He said this surge reflects growing utilisation of India’s trade agreements and the expanding market access available to Indian exporters. An exporter has to submit the certificate at the landing port of the importing country. The document is important to claim duty concessions under free trade agreements as they are essential to prove where the goods come from.

The minister stated that India's merchandise exports registered strong growth during April-June 2026-27. During the period, exports rose 16 per cent to $129.32 billion from $111.57 billion in the corresponding period of 2025-26. Also, merchandise exports to India's FTA partner countries grew at a faster pace of 25 per cent, increasing to $43.14 billion during April-June 2026 as compared with $34.65 billion in the corresponding period last year. 

As a result, he said the share of FTA partner countries in India’s total merchandise exports increased to 33.4 per cent in the April-June period of FY27 from 31.1 per cent in the same quarter of the previous fiscal. He noted that the figures highlight the growing role of trade agreements in boosting exports and creating wider market access for Indian businesses. He added that India currently has implemented trade agreements with the UAE, Australia, the European Free Trade Association (EFTA) bloc, Oman and the UK.   

The CNX Nifty is currently trading at 24601.15, up by 30.50 points or 0.12% after trading in a range of 24511.10 and 24620.95. There were 29 stocks advancing against 21 stocks declining on the index.

The top gainers on Nifty were Titan Company up by 2.63%, Tata Steel up by 2.21%, Grasim Industries up by 1.57%, Tech Mahindra up by 1.41% and Infosys up by 1.31%. On the flip side, State Bank of India down by 1.06%, Adani Ports down by 0.87%, Bharti Airtel down by 0.83%, HDFC Life Insurance down by 0.80% and Adani Enterprises down by 0.77% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 1377.29 points or 2.1% to 66,984.00, Taiwan Weighted added 774.69 points or 1.72% to 45,000.60, Shanghai Composite strengthened 6.72 points or 0.17% to 3,946.76, KOSPI increased 23.01 points or 0.37% to 6,281.78 and Hang Seng advanced 188.97 points or 0.74% to 25,857.00. However, Jakarta Composite plunged 31.25 points or 0.49% to 6,378.40.