Indian markets came off from day’s low points in early afternoon session but continued to trade in red. Traders were braced for India's Consumer Price Index (CPI) data, which due later in a day. Meanwhile, investors remained cautious ahead of the Q3 earnings season. Losses got trimmed as commerce ministry’s latest data stated that Spain, Germany, Belgium, and Poland are emerging as India’s key export destinations within the 27-nation European Union (EU) bloc. Among these, Spain has emerged as a high-growth European market for Indian exports, with exports surging by over 56% to $4.7 billion during April-November of FY26 from $3 billion in the corresponding period of the previous fiscal. On the global front, all Asian markets were trading higher despite China's inflation accelerated the most in nearly three years in December on higher food prices but the overall rate remained weak. Consumer prices increased 0.8 percent year-on-year in December, slightly faster than the 0.7 percent rise in November. 

The BSE Sensex is currently trading at 83418.42, down by 157.82 points or 0.19% after trading in a range of 82861.07 and 83617.53. There were 11 stocks advancing against 19 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.98%, while Small cap index was down by 1.30%.

The few gaining sectoral indices on the BSE were Metal up by 0.73%, Basic Materials up by 0.09% and FMCG was up by 0.06%, while Realty down by 1.83%, Capital Goods down by 1.59%, Industrials down by 1.48%, Telecom down by 1.07% and Healthcare was down by 1.04% were the top losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 1.96%, Trent up by 1.29%, NTPC up by 0.95%, Hindustan Unilever up by 0.90% and Tata Steel up by 0.81%. On the flip side, Bajaj Finance down by 1.21%, Eternal down by 1.20%, Larsen & Toubro down by 1.13%, Bharat Electronics down by 1.05% and Power Grid down by 1.01% were the top losers.

Meanwhile, the Union Minister Pralhad Joshi has emphasized the need of unprecedented investment and cooperation to facilitate the global energy transition and called for international cooperation to support developing countries in scaling up renewable energy capacity without compromising development aspirations. He added that India alone is expected to require around $300 billion by 2030, creating significant opportunities across renewable generation, storage, green hydrogen, grids, and manufacturing. He also highlighted that India continues to remain one of the most attractive destinations for clean energy investment led by stable policies and transparent markets.

Moreover, in order to accelerate the global renewable energy transition, he noted that the country stands ready to share its experience, institutions and technical expertise and to work closely with all member countries, especially least developed countries and small island developing states. He further emphasised that India's energy transition is not only about capacity addition, but about people, opportunity, and a shared sustainable future.

The minister has highlighted the progress of various government initiatives aimed at supporting clean energy in India. He noted that under the PM Surya Ghar: Muft Bijli Yojana, around 2.5 million households have benefitted from rooftop solar installations in less than two years, with a target to cover 10 million households by March 2027. Further, under the PM-KUSUM scheme, about 2.17 million farmers have benefited through the replacement of diesel pumps and solarisation of agricultural feeders.

The CNX Nifty is currently trading at 25644.85, down by 38.45 points or 0.15% after trading in a range of 25473.40 and 25700.95. There were 21 stocks advancing against 29 stocks declining on the index.

The top gainers on Nifty were Coal India up by 2.74%, Asian Paints up by 1.88%, Trent up by 1.41%, SBI Life up by 1.23% and Hindalco up by 0.93%. On the flip side, Eicher Motors down by 1.60%, Eternal down by 1.27%, Bajaj Finance down by 1.14%, Bharat Electronics down by 1.10% and Adani Ports down by 1.03% were the top losers.

All Asian markets were trading higher; Hang Seng advanced 311.21 points or 1.19% to 26,543.00, Taiwan Weighted added 278.33 points or 0.91% to 30,567.29, Shanghai Composite strengthened 44.86 points or 1.09% to 4,165.29, KOSPI increased 38.47 points or 0.83% to 4,624.79, Straits Times rose 32.56 points or 0.69% to 4,777.22 and Jakarta Composite was up by 7.48 points or 0.08% to 8,944.23.