Domestic equity indices remained in negative territory and were trading slightly in red in late morning deals due to selling in Tech Mahindra, Infosys, Larsen & Toubro, Eternal and ICICI Bank companies’ stocks. Traders overlooked a report that US President Donald Trump said the United States is very close to a deal with India, suggesting that American goods could soon gain greater access to the Indian market. However, broader indices were trading in green with BSE Mid cap index and Small cap index gaining in the range of 0.20-0.55 percent. On the BSE sectoral front, traders were seen pilling up positions in Realty, FMCG, Consumer Disc, Healthcare and Consumer Durables, while selling was witnessed in IT, TECK, Bankex, Utilities and PSU.

On the global front, Asian markets were trading higher following positive cues from the US markets overnight. In the stock specific development, Godrej Properties rose after the company announced its entry into Raipur with the acquisition of around 50 acres of land for a plotted development, with an estimated saleable area of around 9.5 lakh square feet in Raipur. 

The BSE Sensex is currently trading at 82520.62, down by 113.86 points or 0.14% after trading in a range of 82403.29 and 82757.09. There were 14 stocks advancing against 16 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.24%, while Small cap index up by 0.51%.

The top gaining sectoral indices on the BSE were Realty up by 1.19%, FMCG up by 0.43%, Consumer Disc up by 0.43%, Healthcare up by 0.41% and Consumer Durables up by 0.37%, while IT down by 0.60%, TECK down by 0.52%, Bankex down by 0.17%, Utilities down by 0.04% and PSU down by 0.03% were the top losing indices on BSE.

The top gainers on the Sensex were Trent up by 1.04%, Tata Motors up by 0.64%, SBI up by 0.60%, Sun Pharma up by 0.55% and Ultratech Cement up by 0.53%. On the flip side, Tech Mahindra down by 1.76%, Infosys down by 0.97%, Larsen & Toubro down by 0.62%, Eternal down by 0.61% and ICICI Bank down by 0.58% were the top losers.

Meanwhile, CareEdge Ratings in its latest report has stated that India’s non-life insurance industry exhibited a 5.2% year-on-year increase in premiums to Rs 23,422.5 crore in June 2025. Meanwhile, the reported growth was lower than the 8.4% growth recorded in June 2024. CareEdge noted that the transition to the 1/n rule has impacted the industry's performance, resulting in a slowdown in health insurance growth to single digits and muted growth in the passenger vehicle (PV) segment, which was partially offset by renewals in the commercial lines.

It highlighted that despite the moderation in premium growth, non-life insurance premiums crossed the Rs 3 lakh crore mark in FY25, driven by supportive regulations, rising insurtech adoption, accelerating digitalisation, and an expanding middle class. Further, the government's Bima Trinity push is poised to accelerate growth in the non-life insurance sector. Besides, standalone health insurers are expected to maintain their dominance in the retail health space.

It expects motor insurance to closely follow trajectory of vehicle sales and the upcoming revisions to third-party tariffs. Further, proposed roll out of composite licences could reshape the competitive landscape in the medium term. Meanwhile, it noted that the rising competition and global geopolitical uncertainties will remain crucial watchpoints for the sector.

The CNX Nifty is currently trading at 25178.85, down by 33.20 points or 0.13% after trading in a range of 25144.00 and 25238.35. There were 25 stocks advancing against 25 stocks declining on the index.

The top gainers on Nifty were Tata Consumer up by 1.07%, Trent up by 0.99%, Hindalco up by 0.73%, Apollo Hospital up by 0.68% and Tata Motors up by 0.63%. On the flip side, Tech Mahindra down by 1.76%, Indusind Bank down by 1.55%, Infosys down by 0.91%, SBI Life down by 0.87% and ICICI Bank down by 0.69% were the top losers.

All Asian markets were trading higher; Hang Seng advanced 24.45 points or 0.1% to 24,542.21, Jakarta Composite gained 83.32 points or 1.15% to 7,275.34, Shanghai Composite strengthened 3.68 points or 0.1% to 3,507.46, Straits Times rose 17.33 points or 0.42% to 4,149.58, KOSPI increased 2.92 points or 0.09% to 3,189.30, Nikkei 225 surged 119.16 points or 0.3% to 39,782.56 and Taiwan Weighted added 26.59 points or 0.12% to 23,069.49.