Indian markets trimmed some of their gains in early afternoon session but continued to trade above neutral lines. Investors were braced for RBIs monetary policy decision, which going to be out tomorrow. As for broader indices, the BSE Mid cap index traded marginally in green and Small cap index traded in red. Traders took some support as Fitch Ratings has raised India's GDP growth forecast for the current fiscal (FY26) to 7.4 per cent, from 6.9 per cent in September, on increased consumer spending and improved sentiment boosted by GST reforms. It said GDP growth accelerated further in the July-September quarter to 8.2 per cent, from 7.8 per cent in the April-June quarter. It also expects GDP growth to slow to 6.4 per cent in FY27. On the global front, Asian markets were trading mixed as traders remained cautious and concerned about the extended valuations in the technology sector. 

The BSE Sensex is currently trading at 85226.47, up by 119.66 points or 0.14% after trading in a range of 84949.98 and 85487.21. There were 19 stocks advancing against 11 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index gained 0.03%, while Small cap index was down by 0.08%.

The top gaining sectoral indices on the BSE were IT up by 1.48%, TECK up by 1.00%, Realty up by 0.77%, Energy up by 0.25% and Basic Materials was up by 0.23%, while Bankex down by 0.16%, Healthcare down by 0.12%, Industrials down by 0.11%, Capital Goods down by 0.05% and Consumer Durables was down by 0.01% were the top losing indices on BSE.

The top gainers on the Sensex were Tech Mahindra up by 1.85%, TCS up by 1.77%, HCL Tech up by 1.46%, Infosys up by 1.12% and Reliance Industries up by 0.68%. On the flip side, Eternal down by 0.96%, Maruti Suzuki down by 0.90%, Kotak Mahindra Bank down by 0.80%, SBI down by 0.56% and ICICI Bank down by 0.42% were the top losers.

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that the country's exports, which fell by about 12 per cent in October, have registered healthy growth in November 2025. He also said that ‘merchandise exports are also on a strong wicket. Merchandise exports went down in October. Incidentally, November has gone up by a greater amount than what went down in October. If I aggregate October and November, there is growth in merchandise exports despite the global turmoil.’ 

The minister said ‘India is working towards deeper integration with global trading partners, and in the months and days to come, you will hear a lot more about our own successful engagements with many of our trading countries.’ He said India is negotiating several free trade agreements (FTAs) with various countries and regions, including the US, European Union (EU), New Zealand, Oman, Chile, and Peru. 

He stated that the Indian economy continues to power on. He  said ‘the growth is at 8.2 per cent in Q2, beating all estimates. We have seen the lowest-ever inflation in the last few months. Foreign exchange reserves continue to be strong. Capital inflows and investments in infrastructure, consumer spending, and all the levers of the economy have demonstrated a great deal of positivity.’

The CNX Nifty is currently trading at 26019.50, up by 33.50 points or 0.13% after trading in a range of 25938.95 and 26098.25. There were 33 stocks advancing against 17 stocks declining on the index.

The top gainers on Nifty were Tech Mahindra up by 1.84%, TCS up by 1.77%, SBI Life up by 1.73%, HCL Tech up by 1.42% and Wipro up by 1.02%. On the flip side, Interglobe Aviation down by 1.66%, Maruti Suzuki down by 0.91%, Kotak Mahindra Bank down by 0.88%, Eternal down by 0.87% and Nestle down by 0.59% were the top losers.

Asian markets were trading mixed; Nikkei 225 surged 1006.32 points or 1.98% to 50,871.00, Hang Seng advanced 219.27 points or 0.85% to 25,980.00, Jakarta Composite gained 18.6 points or 0.22% to 8,630.39 and Taiwan Weighted was up by 2.67 points or 0.01% to 27,795.71. On the flip side, Shanghai Composite weakened 2.21 points or 0.06% to 3,875.79, KOSPI dropped 7.79 points or 0.19% to 4,028.51 and Straits Times was down by 18.85 points or 0.41% to 4,535.67.