Key indices remain in green in morning deals
Asian markets were trading mostly in green following the positive cues from Wall Street overnight
Indian equity benchmarks continued to trade in green in morning deals, led by buying in IT stocks and fresh foreign fund inflows. Foreign Institutional Investors (FIIs) bought equities worth Rs 2,991.64 crore on Wednesday, according to exchange data. Traders took some support with Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister, stating that India has managed to sustain growth of 7-7.5 per cent while maintaining macroeconomic stability despite global uncertainties. He also asserted that sequential growth with stability is key to achieving the goal of a ‘Vikshit Bharat’. Traders also took a note of Commerce and Industry Minister Piyush Goyal’s statement that India has concluded nine free trade agreements (FTAs), covering 38 nations, enabling the country's shipments to get preferential access to nearly two-thirds of global markets. On the global front, Asian markets were trading mostly in green following the positive cues from Wall Street overnight, reflecting easing concerns over potential AI disruptions after strong earnings from US tech giants Nvidia and Oracle.
The BSE Sensex is currently trading at 82394.15, up by 118.08 points or 0.14% after trading in a range of 82244.99 and 82579.16. There were 16 stocks advancing against 14 stocks declining on the index.
The top gaining sectoral indices on the BSE were IT up by 1.05%, Healthcare up by 0.94%, Industrials up by 0.82%, TECK up by 0.74% and Capital Goods up by 0.73%, while FMCG down by 0.20%, PSU down by 0.06% and Metal down by 0.04% were the top losing indices on BSE.
The top gainers on the Sensex were Tech Mahindra up by 1.53%, HCL Technologies up by 1.13%, Eternal up by 0.98%, Infosys up by 0.93% and Adani Ports &SEZ up by 0.89%. On the flip side, SBI down by 0.71%, Power Grid Corporation down by 0.70%, Hindustan Unilever down by 0.45%, Asian Paints down by 0.40% and Ultratech Cement down by 0.40% were the top losers.
Meanwhile, external member of Reserve Bank of India’s Monetary Policy Committee (MPC) Saugata Bhattacharya has said that chances of benchmark interest rate going up are negligible in the near term despite growing inflation on account of geopolitical tensions. He stated rising metal prices, elevated crude oil costs and weather-related risks amid geopolitical tensions will weigh on the consumer price inflation (CPI) going forward.
In the policy meet earlier this month, Bhattacharya and the five other members of the MPC voted unanimously to keep the repurchase, or repo rate, at 5.25%. The RBI retained its neutral policy stance, signalling rates will stay low for some time.
The RBI has slashed rates by a total of 125 basis points since February 2025, marking its most aggressive easing cycle since 2019. It reduced rates by 25 basis points at its December meeting. The RBI kept the rate unchanged in the August, October and February 2026 monetary policies. On the inflation front, Bhattacharya said CPI is expected to climb towards the 4% target in H1 FY27.
The CNX Nifty is currently trading at 25529.30, up by 46.80 points or 0.18% after trading in a range of 25487.85 and 25572.95. There were 29 stocks advancing against 21 stocks declining on the index.
The top gainers on Nifty were Tata Motors Passenger up by 1.87%, Shriram Finance up by 1.75%, Tech Mahindra up by 1.58%, SBI Life Insurance up by 1.23% and Max Healthcare Inst up by 1.07%. On the flip side, Coal India down by 1.16%, SBI down by 0.83%, Power Grid Corporation down by 0.67%, Adani Enterprises down by 0.65% and Tata Consumer Product down by 0.49% were the top losers.
Asian markets were trading mostly in green; Nikkei 225 surged 42.88 points or 0.07% to 58,626.00, Taiwan Weighted added 61.89 points or 0.17% to 35,474.96, Shanghai Composite strengthened 1.35 points or 0.03% to 4,148.58 and KOSPI increased 142.55 points or 2.34% to 6,226.41.
On the flip side, Hang Seng declined 125.72 points or 0.47% to 26,640.00, Straits Times fell 17.47 points or 0.35% to 4,990.26 and Jakarta Composite plunged 67.04 points or 0.81% to 8,255.19.

