Indices continue to trade in green in late morning deals

Domestic equity indices remained in the green in late morning deals, owing to buying by funds and retail investors. Some support came in as Foreign institutional investors (FIIs) remained net buyers, purchasing equities worth Rs 6,688.37 crore on September 02, 2026. Sentiments were also supported by Indian rupee appreciating 25 paise to 94.47 against the dollar at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks.  

Both benchmark indices, Sensex and Nifty, were trading higher, driven by gains in HDFC Bank, ICICI Bank, State Bank of India and Bharti Airtel. On the BSE sectoral front, traders were seen piling up positions in Realty, Power, Capital Goods, Industrials and Utilities, while selling was witnessed in IT, TECK, Metal, FMCG and Telecom sectors. On the global front, Asian markets were trading mostly in red despite positive cues from US markets overnight.  

The BSE Sensex is currently trading at 76745.69, up by 175.34 points or 0.23% after trading in a range of 76599.63 and 76924.48. There were 12 stocks advancing against 18 stocks declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 2.51%, Power up by 1.08%, Capital Goods up by 1.08%, Industrials up by 0.92% and Utilities up by 0.83%, while IT down by 0.66%, TECK down by 0.39%, Metal down by 0.22%, FMCG down by 0.16% and Telecom down by 0.12% were the top losing indices on BSE.

The top gainers on the Sensex were Adani Ports up by 1.73%, HDFC Bank up by 1.09%, Axis Bank up by 1.02%, Bharat Electronics up by 0.86% and State Bank of India up by 0.75%. On the flip side, Tech Mahindra down by 1.42%, Interglobe Aviation down by 1.38%, HCL Technologies down by 1.37%, Infosys down by 1.09% and Titan Company down by 1.08% were the top losers.

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India is in discussions with several countries, including the US, to establish partnerships and collaborations for processing and development of critical minerals according to domestic requirements. He said India will have free trade agreements (FTAs) with countries globally to secure greater access to critical minerals which are increasingly important for electric vehicles, batteries, semiconductors, renewable energy, defence equipment, telecommunications and electronics.  

The minister said India is also part of the US-led Pax Silica strategic alliance, which seeks to build resilient supply chains for critical minerals and artificial intelligence. These are a group of minerals that are fundamental for modern industries. He said the critical minerals sector has supply risks as its production and processing are concentrated in limited number of countries, with China playing a dominant role. For example, lithium, cobalt and nickel are used in batteries; rare earth elements are used in magnets for EVs, wind turbines and electronics; while gallium and germanium are important for semiconductors and other advanced technologies.   

He said for India, securing reliable access to these minerals is important to reduce supply-chain vulnerabilities, support domestic manufacturing and accelerate the clean-energy transition. He said ‘with several of our partners in UK and Europe, we are in dialogue about how we can build resilient supply chains.’   

The CNX Nifty is currently trading at 23964.15, up by 49.70 points or 0.21% after trading in a range of 23920.35 and 24025.40. There were 24 stocks advancing against 26 stocks declining on the index.

The top gainers on Nifty were Adani Ports up by 2.16%, HDFC Bank up by 1.35%, Axis Bank up by 1.19%, ICICI Bank up by 1.02% and Tata Consumer up by 0.93%. On the flip side, Tech Mahindra down by 1.42%, Interglobe Aviation down by 1.30%, HCL Technologies down by 1.16%, Titan Company down by 1.10% and Cipla down by 0.91% were the top losers.

Asian markets were trading mostly in red; Nikkei 225 slipped 55.64 points or 0.09% to 64,270.00, Taiwan Weighted lost 307.06 points or 0.67% to 45,857.66, Hang Seng declined 80.21 points or 0.32% to 25,231.00 and Straits Times fell 0.57 points or 0.01% to 5,743.54. However, Jakarta Composite gained 67.78 points or 1.02% to 6,663.56, Shanghai Composite strengthened 4.94 points or 0.13% to 3,946.33 and KOSPI increased 36.01 points or 0.55% to 6,598.73.