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Bourses trade at day’s low levels in early afternoon session
Jun-17-2025

Indian markets traded at day’s low levels in early afternoon session amid geopolitical tensions. The ongoing Israel-Iran situation continued to influence investors’ sentiments. Traders remained cautious as commerce ministry in its latest data has showed that India's merchandise exports declined 2.17 per cent to $38.73 billion in May 2025 as compared to $39.59 billion in same month last year, with sectors including petroleum products, gems & jewellery and engineering posting a decline. Besides, Ministry of Statistics & Programme Implementation's Periodic Labour Force Survey (PLFS) - Monthly Bulletin has showed that India’s unemployment rate for the month of May rose to 5.6% against 5.1% in April this year. On the global front, Asian markets were trading mostly in green as Bank of Japan decided to maintain its interest rate and to reduce the amount of bond purchases from April next year. The policy board of the Bank of Japan unanimously decided to hold the uncollateralized overnight call rate to remain at around 0.5 percent. The decision came in line with expectations.

The BSE Sensex is currently trading at 81538.18, down by 257.97 points or 0.32% after trading in a range of 81471.89 and 81890.15. There were 10 stocks advancing against 20 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.11%, while Small cap index was down by 0.21%.

The top gaining sectoral indices on the BSE were IT up by 0.93%, TECK up by 0.61%, Realty up by 0.43%, Telecom up by 0.07% and Industrials was up by 0.04%, while Healthcare down by 1.13%, Metal down by 0.61%, Oil & Gas down by 0.50%, Auto down by 0.48% and Energy was down by 0.47% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 1.25%, Tech Mahindra up by 1.20%, Asian Paints up by 0.92%, HCL Tech up by 0.66% and NTPC up by 0.54%. On the flip side, Sun Pharma down by 2.11%, Bajaj Finance down by 1.68%, Eternal down by 1.53%, Bajaj Finserv down by 1.19% and Tata Motors down by 1.09% were the top losers.

Meanwhile, commerce ministry in its latest data has showed that India's merchandise exports declined 2.17 per cent to $38.73 billion in May 2025 as compared to $39.59 billion in same month last year, with sectors including petroleum products, gems & jewellery and engineering posting a decline. Besides, merchandise imports fell by 1.73 per cent to $60.61 billion in May 2025 as against $61.68 billion in May 2024. Trade deficit narrowed to $21.88 billion in May 2025, compared to $22.09 billion in May last year. 

According to the data, merchandise exports during April-May 2025 were $77.19 billion as compared to $74.89 billion during April-May 2024. Merchandise imports during April-May 2025 were $125.52 billion as compared to $116.16 billion during April-May 2024. Merchandise trade deficit during April-May 2025 was $48.33 billion as compared to $41.27 billion during April-May 2024

Non-petroleum and non-gems & jewellery exports in May 2025 were $30.71 billion compared to $ 28.73 billion in May 2024. Non-petroleum and non-gems & jewellery exports in April-May 2025 were $59.37 billion, compared to $54.73 billion in April-May 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in May 2025 were $41.19 billion compared to $36.79 billion in May 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-May 2025 were $80.46 billion, compared to $70.05 billion in April-May 2024.

The CNX Nifty is currently trading at 24859.55, down by 86.95 points or 0.35% after trading in a range of 24846.45 and 24982.05. There were 14 stocks advancing against 36 stocks declining on the index.

The top gainers on Nifty were Tech Mahindra up by 1.29%, Infosys up by 1.24%, Asian Paints up by 0.95%, Wipro up by 0.72% and HCL Tech up by 0.69%. On the flip side, Sun Pharma down by 2.14%, Bajaj Finance down by 1.76%, ONGC down by 1.53%, Eternal down by 1.53% and Shriram Finance down by 1.38% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 225.41 points or 0.58% to 38,536.74, Taiwan Weighted added 161.69 points or 0.73% to 22,211.59, Jakarta Composite gained 46.98 points or 0.66% to 7,164.57, Straits Times rose 14.96 points or 0.38% to 3,923.42 and KOSPI was up by 3.64 points or 0.12% to 2,950.30. On the flip side, Shanghai Composite weakened 4.45 points or 0.13% to 3,384.28 and Hang Seng was down by 105.55 points or 0.44% to 23,955.44.

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