Indian markets traded at day’s high levels in early afternoon session amid value buying by investors. Besides, foreign fund inflows boosted investors’ sentiments. Foreign institutional investors (FIIs) were net buyers of shares worth Rs 1,580.72 crore on Wednesday. Traders took note of report that government has released the 21st instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on November 19, 2025. Under this instalment, nearly 9 crore farmers across the country received approximately Rs 18,000 crore in direct financial assistance through the Direct Benefit Transfer (DBT) system, ensuring transparency and eliminating any intermediary involvement. Sector wise, textile sector remained in limelight as India's textile exports declined 12.91 per cent in October 2025, pushing industry bodies to seek relief measures to arrest the fall in shipments, expected to exacerbate in the coming months. On the global front, Asian markets were trading mostly in green as People's Bank of China (PBoC) kept its benchmark interest rates unchanged, as expected. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. 

The BSE Sensex is currently trading at 85462.29, up by 275.82 points or 0.32% after trading in a range of 85201.22 and 85498.77. There were 17 stocks advancing against 12 stocks declining on the index, while 1 stock remained unchanged.

The broader indices were trading in green; the BSE Mid cap index gained 0.05%, while Small cap index was up by 0.15%.

The top gaining sectoral indices on the BSE were Energy up by 0.78%, Capital Goods up by 0.67%, Utilities up by 0.60%, Power up by 0.54% and Oil & Gas was up by 0.51%, while Realty down by 0.31%, Consumer Durables down by 0.30%, Telecom down by 0.12%, TECK down by 0.03% and IT was down by 0.02% were the top losing indices on BSE.

The top gainers on the Sensex were Reliance Industries up by 1.88%, Bajaj Finance up by 1.34%, Bajaj Finserv up by 1.30%, Power Grid up by 1.04% and Tech Mahindra up by 1.03%. On the flip side, Asian Paints down by 1.31%, Maruti Suzuki down by 0.68%, HCL Tech down by 0.61%, Kotak Mahindra Bank down by 0.38% and Sun Pharma down by 0.27% were the top losers.

Meanwhile, hit by the steep 50 per cent tariffs imposed by the US, India's textile exports declined 12.91 per cent in October 2025, pushing industry bodies to seek relief measures to arrest the fall in shipments, expected to exacerbate in the coming months. The US is the largest export market for India's textile and apparel industry. In 2024-25, the overall size of the textile and apparel sector is estimated at $179 billion, comprising a domestic market of $142 billion and exports worth $37 billion. 

The Confederation of Indian Textile Industry (CITI) urged the Reserve Bank of India to add spinning, weaving and processing units to the list of ‘eligible sectors’ for the RBI's Trade Relief Measures announced on November 14. Sanjay K Jain, former Chairman of CITI has said that the October decline is on expected lines. The US share of India's total textile and garments exports is about 30 per cent. The pipeline inventory is still being shipped out, but fresh orders have stopped coming in post-August. He said ‘we expect the decline in textile and apparel exports to continue and worsen to 15-20 per cent in November and December’. He observed that the recovery of India's textile and apparel exports is expected only 2-3 months after the proposed India-US bilateral trade agreement (BTA) comes into effect.

CITI Chairman Ashwin Chandran also said given that spinning, weaving and processing units are also facing pressure, adding these units to the list of sectors eligible under the trade relief measures would greatly benefit the overall growth and development of India's textile and apparel sector. He also stated that spinning, weaving and processing units being made eligible for the RBI's trade relief measures could ensure that these mills are not forced to cut back on operations, arguing that such a move on the part of the RBI could also reduce the risk of people being laid off or asked to work at lower wages at spinning, weaving and processing units. 

The CNX Nifty is currently trading at 26154.15, up by 101.50 points or 0.39% after trading in a range of 26063.20 and 26158.15. There were 36 stocks advancing against 14 stocks declining on the index.

The top gainers on Nifty were Eicher Motors up by 2.79%, Reliance Industries up by 1.84%, Bajaj Finserv up by 1.55%, Bajaj Finance up by 1.40% and Tech Mahindra up by 1.27%. On the flip side, Asian Paints down by 1.19%, Max Healthcare Inst down by 0.82%, Maruti Suzuki down by 0.71%, HCL Tech down by 0.49% and HDFC Life Insurance down by 0.45% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 1382.3 points or 2.77% to 49,920.00, Taiwan Weighted added 846.24 points or 3.09% to 27,426.36, KOSPI increased 75.34 points or 1.88% to 4,004.85, Jakarta Composite gained 63.57 points or 0.76% to 8,470.15 and Straits Times was up by 8.08 points or 0.18% to 4,513.30. On the flip side, Shanghai Composite weakened 15.69 points or 0.4% to 3,931.05 and Hang Seng was down by 77.65 points or 0.3% to 25,753.00.