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Markets extend gains in late trade
Aug-20-2025

Indian equity markets extended their gains in late trade as the investors remained optimistic about the country’s economic growth despite the tariffs headwinds posed by U.S. Sentiments also remained upbeat after parliamentary panel pitched for raising the investment rate from 31% of the Gross Domestic Product (GDP) to 35% in order to achieve the ambitious growth target of 8%. The Standing Committee on Finance has urged the government to maintain sustainable, growth-oriented energy policies that prioritise affordability and efficiency while balancing climate commitments with economic and social objectives. Moreover, positive comments by S&P Global Ratings on proposed 2-tier GST supported the up move. S&P Global Ratings Director YeeFarn Phua has said that the proposed 2-tier Goods and Services Tax (GST) structure could lower effective taxation rate and boost fiscal revenues over the longer term.

On the global front, Asian equity markets were trading mixed as investors locked in profits in tech stocks amid concerns over valuations and reports of potential U.S. government equity stakes in major chipmakers. European equity markets were trading lower as U.K.’s consumer price inflation accelerated in July on higher transport cost, tempering Bank of England’s rate-cut expectations.

The BSE Sensex is currently trading at 81886.06, up by 241.67 points or 0.30% after trading in a range of 81494.50 and 81980.63. There were 13 stocks advancing against 17 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index increased 0.45%, while Small cap index was up by 0.33%.

The top gaining sectoral indices on the BSE were IT up by 2.49%, TECK up by 2.17%, FMCG up by 1.37%, Realty up by 1.17% and Telecom up by 0.79%, while Bankex down by 0.38%, Healthcare down by 0.22%, Oil & Gas down by 0.03% and Energy down by 0.01% were the few losing indices on BSE.

The top gainers on the Sensex were Infosys up by 3.61%, Hindustan Unilever up by 2.50%, NTPC up by 2.46%, TCS up by 2.42% and Eternal up by 2.13%. On the flip side, Bharat Electronics down by 1.91%, Bajaj Finance down by 1.63%, Tata Motors down by 1.31%, Trent down by 0.99% and Kotak Mahindra Bank down by 0.70% were the top losers.

Meanwhile, Minister of State for Commerce and Industry Jitin Prasada has said that India and the USA are negotiating a multi-sector Bilateral Trade Agreement (BTA). As a part of negotiations, among other things, both sides are engaged in discussions on liberalization of trade in goods, including non-sensitive agricultural products, with the aim to expand trade and deepen the India-US trade relationship.

Minister further noted that the government is engaged with all relevant stakeholders including agriculture, farming experts, to assess the interests and requirements of India's rural economy, farmers and agricultural sector. He added that the government is committed to taking all necessary steps to secure and advance the country's national interest and protect the welfare of farmers, rural economy and agriculture sector.

So far, five rounds of talks have been completed between the two countries on the proposed BTA. The US team has recently postponed their visit for the sixth round of negotiations, which was scheduled from August 25.

The CNX Nifty is currently trading at 25065.75, up by 85.10 points or 0.34% after trading in a range of 24929.70 and 25085.60. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were Infosys up by 3.63%, Hindustan Unilever up by 2.61%, TCS up by 2.42%, NTPC up by 2.42% and Nestle up by 2.32%. On the flip side, Bharat Electronics down by 1.79%, Bajaj Finance down by 1.59%, Shriram Finance down by 1.56%, Tata Motors down by 1.36% and Trent down by 1.01% were the top losers.

Asian equity markets were trading mixed; Hang Seng advanced 15.1 points or 0.06% to 25,138.00, Straits Times rose 1.17 points or 0.03% to 4,217.36, Shanghai Composite strengthened 38.92 points or 1.03% to 3,766.21 and Jakarta Composite gained 76.21 points or 0.96% to 7,939.16, while Nikkei 225 slipped 630.29 points or 1.47% to 42,916.00, Taiwan Weighted lost 728.06 points or 3.08% to 23,625.44 and KOSPI dropped 21.47 points or 0.69% to 3,130.09.

European equity markets were trading lower; UK’s FTSE 100 decreased 10.67 points or 0.12% to 9,178.55, France’s CAC fell 0.38 points or 0% to 7,978.70 and Germany’s DAX lost 70.17 points or 0.29% to 24,352.90.

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