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Key gauges extend losses in morning deals
Aug-22-2025

Indian equity benchmarks extended losses in morning deals, dragged by Banking, Metal and FMCG stocks. Traders remained cautious as SBI Research Report stated that India's economic growth is expected to be lower at 6.3 per cent in the fiscal year 2025-26 (FY26) compared to the Reserve Bank of India’s (RBI's) projection of 6.5 per cent. The report pegged the first quarter Gross Domestic Product (GDP) estimate at around 6.8-7 per cent, mainly due to muted private capex. Traders overlooked exchange data showed Foreign Institutional Investors (FIIs) bought equities worth Rs 1,246.51 crore on Thursday. Sector-wise, airline stocks remained in watch as ratings agency Crisil said the domestic airline industry is expected to witness moderation in operating profit this fiscal due to muted demand in the first quarter as well as an expected decline in yields. On the global front, Asian markets are trading mixed as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium. 

The BSE Sensex is currently trading at 81456.22, down by 544.49 points or 0.66% after trading in a range of 81429.33 and 81993.61. There were 7 stocks advancing against 23 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index fell 0.08%, while Small cap index was down by 0.11%.

The top gaining sectoral indices on the BSE were Capital Goods up by 0.57%, Industrials up by 0.25% and Healthcare up by 0.08%, while Bankex down by 0.89%, Metal down by 0.82%, FMCG down by 0.74%, IT down by 0.68% and Basic Materials down by 0.57% were the top losing indices on BSE.

The top gainers on the Sensex were Bharat Electronics up by 1.26%, Trent up by 0.52%, Bajaj Finance up by 0.50%, Mahindra & Mahindra up by 0.50% and Sun Pharma up by 0.41%. On the flip side, HCL Tech. down by 1.63%, HDFC Bank down by 1.51%, Asian Paints down by 1.51%, ITC down by 1.28% and TCS down by 1.18% were the top losers.

Meanwhile, Union Road Transport and Highways Minister Nitin Gadkari has said that that the government has raised Rs 1,42,758 crore through different modes of asset monetisation up to FY25. Gadkari said the projected financial contribution of asset monetisation for the current fiscal year is Rs 30,000 crore. The government monetises highway assets through three modes - Toll Operate & Transfer (ToT), Infrastructure Investment Trust (InvIT), and Securitization (Project based financing through SPV).

Further, he said since inception of the Cashless Treatment of Road Accident Victims Scheme, 2025 (Scheme) pilot programme in six states and Union Territories with effect from March 2024, as many as 4,971 road accident victims have been treated till July 31, 2025. Cashless Treatment of Road Accident Victims Scheme, 2025 (Scheme) has been notified on a pan-India basis.

Under this scheme any person who is a victim of road accident caused by the use of a motor vehicle shall be entitled to treatment cover up to Rs 1.5 lakh per victim, subject to a maximum cap of 7 days from the date of accident at any designated hospital across the country. Besides, he said as per data available on VAHAN portal as on August 12, 2025, the total number of High Security Registration Plates affixed on vehicles was 20,16,32,06. He also said as on August 12, 2025, a total of 2,76,990 vehicles have been scrapped at Registered Vehicle Scrapping Facilities (RVSFs).

The CNX Nifty is currently trading at 24920.50, down by 163.25 points or 0.65% after trading in a range of 24913.75 and 25084.85. There were 9 stocks advancing against 41 stocks declining on the index.

The top gainers on Nifty were Bharat Electronics up by 1.26%, Mahindra & Mahindra up by 0.57%, Bajaj Finance up by 0.50%, Trent up by 0.39% and Sun Pharma up by 0.38%. On the flip side, Hero MotoCorp down by 2.06%, HCL Technologies down by 1.63%, HDFC Bank down by 1.60%, Grasim Industries down by 1.44% and Asian Paints down by 1.42% were the top losers.

Asian markets are trading mixed; Shanghai Composite strengthened 26.76 points or 0.71% to 3,797.86, KOSPI increased 26.22 points or 0.83% to 3,167.96, Hang Seng advanced 37.39 points or 0.15% to 25,142.00 and Straits Times rose 16 points or 0.38% to 4,246.90. On the flip side, Nikkei 225 slipped 21.17 points or 0.05% to 42,589.00, Taiwan Weighted lost 143.67 points or 0.6% to 23,818.46 and Jakarta Composite plunged 2.3 points or 0.03% to 7,888.42.

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