Indian equity benchmarks continued to trade lower in morning deals, amid emergence of profit-taking. Traders remained cautious as EEPC India said the country's engineering exports conceded a marginal fall of 0.82 per cent year-on-year to $9.89 billion in May due to a higher statistical base and geopolitical tensions in West Asia. Some concern also came as the Reserve Bank of India (RBI) stated that India's external debt increased by 10 per cent to $736.3 billion at the end of March 2025 compared to $668.8 billion in the year-ago period. However, losses remain capped as some support came with exchange data showed foreign institutional investors (FIIs) were net buyers on June 27, purchasing equities worth Rs 1,397.02 crore. Sector-wise, stocks related to Cement sector remained in watch as rating agency ICRA said the cement industry has registered a 9 per cent volume growth in May 2025 at 39.6 million metric tonnes (MT), while the average cement prices also increased by 8 per cent. On the global front, Asian markets are trading mostly higher with most regional indices advancing as signs of progress in a trade standoff between the United States and Canada helped to boost risk sentiment. 

The BSE Sensex is currently trading at 83833.23, down by 225.67 points or 0.27% after trading in a range of 83734.82 and 84099.53. There were 15 stocks advancing against 15 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.25%, while Small cap index was up by 0.67%.

The top gaining sectoral indices on the BSE were Industrials up by 0.71%, PSU up by 0.70%, Capital Goods up by 0.68%, Oil & Gas up by 0.33%, Energy up by 0.27% while, Telecom down by 0.51%, TECK down by 0.48%, Utilities down by 0.38%, Auto down by 0.37%, Realty down by 0.31% were the losing indices on BSE.

The top gainers on the Sensex were SBI up by 1.69%, Larsen & Toubro up by 0.81%, Eternal up by 0.50%, Bajaj Finserv up by 0.39% and Reliance Industries up by 0.27%. On the flip side, Kotak Mahindra Bank down by 1.23%, Bharti Airtel down by 0.96%, NTPC down by 0.95%, Tech Mahindra down by 0.79% and Asian Paints down by 0.77% were the top losers.

Meanwhile, the Reserve Bank of India (RBI) has said that India's external debt increased by 10 per cent to $736.3 billion at the end of March 2025 compared to $668.8 billion in the year-ago period. As a percentage of the GDP, the external debt increased to 19.1 per cent at the end of the recently concluded financial year (FY25) from 18.5 per cent a year ago. In a year which saw some volatilities in the currency markets, the RBI said the valuation effect due to the appreciation of the US dollar against the rupee and other currencies amounted to $5.3 billion, while if one were to exclude the valuation effect, external debt would have increased by $72.9 billion instead of $67.5 billion in the year.

The overall debt included $261.7 billion of loans taken by non-financial corporations, $168.4 billion by the government and $202.1 billion by deposit-taking corporations, excluding the central bank. At March-end 2025, long-term debt (with an original maturity of above one year) was $601.9 billion, an increase of $60.6 billion over the year. The share of short-term debt (with original maturity of up to one year) in total external debt declined to 18.3 per cent at March-end 2025 from 19.1 per cent a year ago, but the ratio of short-term debt to foreign exchange reserves increased to 20.1 per cent in FY25 against 19.7 per cent at the end of March 2024.

US dollar-denominated debt remained the largest component of India's external debt with a share of 54.2 per cent at March-end 2025, followed by debt denominated in the rupee (31.1 per cent), yen (6.2 per cent), SDR (4.6 per cent), and euro (3.2 per cent). Loans remained the largest component of external debt, with a share of 34 per cent, followed by currency and deposits (22.8 per cent), trade credit and advances (17.8 per cent) and debt securities (17.7 per cent).

The CNX Nifty is currently trading at 25566.15, down by 71.65 points or 0.28% after trading in a range of 25543.70 and 25669.35. There were 22 stocks advancing against 28 stocks declining on the index.

The top gainers on Nifty were SBI up by 1.73%, Shriram Finance up by 1.26%, JIO Financial Services up by 1.02%, ONGC up by 0.81% and Larsen & Toubro up by 0.76%. On the flip side, Tata Consumer Product down by 2.12%, Dr. Reddy's Lab down by 1.95%, Hero MotoCorp down by 1.79%, Kotak Mahindra Bank down by 1.25% and Adani Enterprises down by 1.01% were the top losers.

Asian markets are trading mostly higher; Nikkei 225 surged 445.72 points or 1.11% to 40,596.51, KOSPI increased 22.84 points or 0.75% to 3,078.78, Jakarta Composite gained 16.06 points or 0.23% to 6,913.46 and Shanghai Composite strengthened 6.95 points or 0.2% to 3,431.18.

On the flip side, Taiwan Weighted lost 93 points or 0.41% to 22,487.08, Hang Seng declined 101.2 points or 0.42% to 24,182.95 and Straits Times fell 1.22 points or 0.03% to 3,964.98.