Sensex and Nifty50 have continued to trade higher in late afternoon session supported by US ambassador-designate Sergio Gor’s optimistic comments about a bilateral trade deal between India and US. Further, he said that no country is as essential than India for Washington and both sides are actively engaged in firming up a trade deal. However, broader markets were trading under pressure with BSE Mid cap and BSE Small cap index declining 0.83% and 0.87%, respectively, amid continued selling by foreign institutional investors (FIIs). FIIs were net sellers of equities worth Rs 3,769.31 crore on Friday’s session. 

On the global front, Asian markets were trading mostly in green as a rally in Chinese AI stocks boosted sentiment. However, European markets were trading mostly in red amidst renewed geopolitical tensions in the Middle East as well as concerns about the Federal Reserve's independence.

The BSE Sensex is currently trading at 83760.21, up by 183.97 points or 0.22% after trading in a range of 82861.07 and 83812.19. There were 22 stocks advancing against 8 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.83%, while Small cap index was down by 0.87%.

The top gaining sectoral indices on the BSE were Metal up by 1.47%, Basic Materials up by 0.73%, PSU up by 0.51%, Energy up by 0.49% and FMCG up by 0.43%, while Realty down by 1.46%, Capital Goods down by 1.25%, Industrials down by 0.96%, Telecom down by 0.88% and Power down by 0.84% were the losing indices on BSE.

The top gainers on the Sensex were Tata Steel up by 2.47%, Asian Paints up by 2.28%, Trent up by 1.99%, SBI up by 1.49% and Hindustan Unilever up by 1.39%. On the flip side, Bajaj Finance down by 1.15%, Infosys down by 1.07%, Bharat Electronics down by 0.44%, Larsen & Toubro down by 0.38% and Bharti Airtel down by 0.32% were the top losers.

Meanwhile, signalling a structural shift in India-China bilateral trade relationship, the commerce ministry’s data has showed that China is gradually emerging as preferred export partner for India, with merchandise exports surging by 32.83 per cent to $12.22 billion during April-November of the current fiscal (FY26) as compared to $9.2 billion in the same period of 2024-25. The growth in exports has been supported by products such as oil meals, marine products, telecom instruments and spices. 

According to the data, India’s exports to China stood at $10.28 billion during April-November 2023-24 and it was $9.89 billion in April-November 2022-23. The sharp jump to $12.22 billion in 2025-26 not only reverses last year's decline but also marks the highest level in the past four years.

In the electronics segment, the data showed the main items which registered growth during the first eight months included populated printed circuit boards (exports rose from $23.9 million to $922.4 million), flat panel display modules, and other electrical apparatus for telephony. The main agriculture and marine products exported are dried chilies, black tiger shrimp, green gram, Vannamei shrimp, and oil-cake residues. Similarly, aluminium and refined copper billets too contributed notably to export growth.

The CNX Nifty is currently trading at 25755.70, up by 72.40 points or 0.28% after trading in a range of 25473.40 and 25770.90. There were 32 stocks advancing against 18 stocks declining on the index.

The top gainers on Nifty were Coal India up by 2.95%, Tata Steel up by 2.38%, Asian Paints up by 2.14%, Trent up by 2.06% and Tata Consumer Products up by 1.65%. On the flip side, Eicher Motors down by 1.63%, Bajaj Finance down by 1.27%, Tata Motors Passenger down by 1.07%, Infosys down by 1.03% and Shriram Finance down by 0.76% were the top losers.

Asian equity markets were trading mostly in green; Nikkei 225 surged 822.63 points or 1.58% to 51,939.89, Taiwan Weighted added 278.33 points or 0.91% to 30,567.29, Hang Seng advanced 355.21 points or 1.34% to 26,587.00, KOSPI increased 38.47 points or 0.83% to 4,624.79, Straits Times rose 26.1 points or 0.55% to 4,770.76 and Shanghai Composite strengthened 44.86 points or 1.08% to 4,165.29, while Jakarta Composite plunged 85.53 points or 0.97% to 8,851.22.

European equity markets were trading mostly in red; UK’s FTSE 100 decreased 6.24 points or 0.06% to 10,118.36 and France’s CAC fell 29.59 points or 0.35% to 8,332.50, while Germany’s DAX gained 94.76 points or 0.38% to 25,356.40.