Indian equity markets extended gains in late trade supported by buying in IT and Tech stocks. Besides, investors remained optimistic about a potential trade deal between India and US after Commerce and Industry Minister Piyush Goyal indicated that an announcement on the trade deal will only come once both sides only when both sides reach a ‘fair, equitable and balanced’ agreement, saying ‘you will hear good news’ when those conditions are met. Trading sentiments also remained upbeat after SBI research report said that India's Gross Domestic Product (GDP) growth is likely to reach 7.5 per cent or more in the second quarter of the current fiscal (Q2FY26).

On the global front, Asian equity markets were trading mixed as investors waited for Nvidia’s earnings result. European equity markets were trading lower tracking weak cues from Wall Street overnight.

The BSE Sensex is currently trading at 85148.14, up by 475.12 points or 0.56% after trading in a range of 84525.98 and 85168.38. There were 20 stocks advancing against 10 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index gained 0.37%, while Small cap index was down by 0.28%.

The top gaining sectoral indices on the BSE were IT up by 2.95%, TECK up by 2.13%, Bankex up by 0.53%, Healthcare up by 0.36% and Consumer Durables up by 0.27%, while Industrials down by 0.37%, Capital Goods down by 0.33%, Power down by 0.33%, Realty down by 0.24% and Energy down by 0.22% were the top losing indices on BSE.

The top gainers on the Sensex were HCL Technologies up by 4.41%, Infosys up by 3.64%, Hindustan Unilever up by 1.85%, TCS up by 1.83% and Sun Pharmaceutical Industries up by 1.52%. On the flip side, Tata Motors Passenger Vehicles down by 2.44%, Maruti Suzuki down by 1.05%, Bajaj Finance down by 0.80%, NTPC down by 0.73% and Adani Ports & SEZ down by 0.72% were the top losers.

Meanwhile, launching the Trade Intelligence & Analytics (TIA) Portal, Union Minister of Commerce and Industry, Piyush Goyal has said that there are huge opportunities in the global services sector that will now be accessible to all. He noted that the portal will help exporters better utilise the Free Trade Agreements. 

He also said that the Trade Intelligence Portal will open up new insights for importers, exporters, startups, and MSMEs. He added that smaller businesses, even in the remotest regions, will now have access to data that was previously available only to larger enterprises.

The Minister said that unless exports contribute significantly to foreign exchange reserves, it will be difficult to bring stability to forex rates, and without such stability, India will remain vulnerable to foreign forces. He described the current world tariff situation as a wake-up call and urged that government and the private sector must pool resources at this critical moment to avoid regretting a lost opportunity.

Besides, Goyal said the Ministry of Commerce has put in significant effort to develop this platform. He said the portal has the potential to support trade diversification, expand India’s trade basket to newer areas and newer products, and help recognise lost opportunities.

The CNX Nifty is currently trading at 26042.30, up by 132.25 points or 0.51% after trading in a range of 25856.20 and 26051.30. There were 33 stocks advancing against 17 stocks declining on the index.

The top gainers on Nifty were Max Healthcare Inst up by 4.45%, HCL Technologies up by 4.36%, Infosys up by 3.61%, Wipro up by 2.13% and TCS up by 1.72%. On the flip side, Tata Motors Passenger Vehicles down by 2.53%, Maruti Suzuki down by 1.03%, Coal India down by 1.03%, Bajaj Finance down by 0.83% and NTPC down by 0.81% were the top losers.

Asian equity markets were trading mixed; Straits Times rose 2.28 points or 0.05% to 4,506.95, Shanghai Composite strengthened 6.93 points or 0.18% to 3,946.74 and Jakarta Composite gained 41.14 points or 0.49% to 8,403.07, while Nikkei 225 slipped 12.98 points or 0.03% to 48,690.00, Taiwan Weighted lost 176 points or 0.66% to 26,580.12, Hang Seng declined 79.03 points or 0.31% to 25,851.00 and KOSPI dropped 24.11 points or 0.61% to 3,929.51.

European equity markets were trading lower; UK’s FTSE 100 decreased 13.49 points or 0.14% to 9,538.81, France’s CAC fell 38.63 points or 0.48% to 7,929.30 and Germany’s DAX lost 65.03 points or 0.28% to 23,115.50.