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Key gauges continue to trade higher in morning deals
Jun-25-2025

Indian equity benchmarks continued to trade higher in morning deals, mirroring a rally in global markets amid signs of easing tensions in the Middle East following a ceasefire between Iran and Israel. Traders took support with Union Commerce and Industry Minister Piyush Goyal’s statement that India is firmly on track to become a $5 trillion economy by 2027 despite global turbulence, driven by a collective national effort and strong leadership under Prime Minister Narendra Modi. Some support also came with Finance Minister Nirmala Sitharaman’s statement that negotiations for the proposed free trade agreements with the US and European Union (EU) are progressing at a fast pace and would be concluded soon. All efforts are being made to boost exports to achieve the ambitious target of $2 trillion by 2030. On the global front, Asian markets are trading mostly in green as the Iran-Israel cease-fire appears to hold in the Middle East and Federal Reserve Chair Jerome Powell said ‘many paths are possible’ for monetary policy, opening the door to an earlier rate cut.

The BSE Sensex is currently trading at 82583.15, up by 528.04 points or 0.64% after trading in a range of 82339.57 and 82614.01. There were 27 stocks advancing against 3 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.56%, while Small cap index was up by 1.31%.

The top gaining sectoral indices on the BSE were Telecom up by 1.42%, IT up by 1.06%, TECK up by 1.03%, Consumer Disc up by 0.95% and Utilities up by 0.94%, while Capital Goods down by 0.20% was the lone losing index on BSE.

The top gainers on the Sensex were Titan Company up by 1.84%, HCL Technologies up by 1.27%, Tech Mahindra up by 1.23%, Reliance Industries up by 1.17% and Infosys up by 1.17%. On the flip side, Bharat Electronics down by 1.62%, Kotak Mahindra Bank down by 0.92% and Axis Bank down by 0.16% were the few losers.

Meanwhile, Finance Minister Nirmala Sitharaman has said that negotiations for the proposed free trade agreements with the US and European Union (EU) are progressing at a fast pace and would be concluded soon. All efforts are being made to boost exports to achieve the ambitious target of $2 trillion by 2030.

India has already signed free trade agreements with the UAE, Australia, and 4-nation EFTA (European Free Trade Association) bloc and negotiations have been completed with the UK, she said adding ‘with the US and the European Union, negotiations are really intensely going on and should come to conclusion sooner.’ The emphasis now is on concluding more free trade agreements.

She also mentioned Budget announcements of Export Promotion Mission and Bharat Trade Net, a digital public infrastructure which provides a unified platform for trade documentation and financing solutions. The Budget also proposed a National Framework for Global Capability Centres (GCC) to further support services-led growth in emerging tier 2 cities and Trade Facilitation Measures.

Referring to the country’s exports, she said total exports of goods and services reached a record high of $825 billion in FY25, achieving 6 per cent growth over previous year. This is a significant leap from $466 billion in FY14. She said while global exports grew by only 4 per cent, India’s exporters managed to fast-track and cross growth of 6.3 per cent despite global uncertainties on trade front.

The CNX Nifty is currently trading at 25207.70, up by 163.35 points or 0.65% after trading in a range of 25125.05 and 25209.45. There were 44 stocks advancing against 6 stocks declining on the index.

The top gainers on Nifty were Nestle up by 2.16%, Titan Company up by 1.81%, Tata Consumer Product up by 1.55%, Eternal up by 1.36% and Reliance Industries up by 1.28%. On the flip side, Bharat Electronics down by 1.41%, Kotak Mahindra Bank down by 0.91%, Eicher Motors down by 0.20%, Axis Bank down by 0.19% and ICICI Bank down by 0.01% were the top losers.

Asian markets are trading mostly in green; Nikkei 225 surged 107.33 points or 0.28% to 38,897.89, Taiwan Weighted added 212.5 points or 0.96% to 22,401.26, Hang Seng advanced 185.66 points or 0.76% to 24,362.73, Straits Times rose 18.18 points or 0.47% to 3,922.48 and Shanghai Composite strengthened 9.59 points or 0.28% to 3,430.16.

On the flip side, KOSPI dropped 0.94 points or 0.03% to 3,102.70 and Jakarta Composite plunged 31.59 points or 0.46% to 6,837.58.

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