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Key gauges add gains in morning deals
Oct-06-2025

Indian equity benchmarks added gains in morning deals, propelled by buying in IT, TECK and Banking stocks. Traders took some support with the Global Trade Research Initiative (GTRI) stating that Joint ventures in energy infrastructure, technology collaboration, and cross-border investments can help reduce India's trade deficit with Qatar. India's trade with Qatar stood at $14.15 billion in 2024-25. Some support also came as the Commerce and Industry Minister Piyush Goyal’s statement that greater collaboration between businesses of India and Singapore will help boost trade and investment ties between the two countries. Traders overlooked a survey showed growth in India's services sector cooled in September due to weaker overseas orders, yet it remained strong and optimism improved. The HSBC India Services Purchasing Managers' Index, compiled by S&P Global, fell to 60.9 in September from a 15-year high of 62.9 in August, lower than a preliminary estimate of 61.6. On the global front, Asian markets were trading mostly higher an as Japanese markets soared to a record high after fiscal dove Sanae Takaichi was elected to lead the ruling party.

The BSE Sensex is currently trading at 81464.83, up by 257.66 points or 0.32% after trading in a range of 81155.88 and 81492.34. There were 16 stocks advancing against 14 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index rose 0.15%, while Small cap index was down by 0.03%.

The top gaining sectoral indices on the BSE were IT up by 1.11%, TECK up by 0.71%, Bankex up by 0.69%, Healthcare up by 0.31% and Oil & Gas up by 0.20%, while Telecom down by 0.84%, Utilities down by 0.65%, Consumer Durables down by 0.59%, Metal down by 0.47% and Power down by 0.46% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 2.24%, TCS up by 1.75%, Axis Bank up by 1.68%, Eternal up by 1.54% and HCL Technologies up by 1.33%. On the flip side, Power Grid Corporation down by 1.48%, Tata Steel down by 1.27%, Titan Company down by 1.04%, Adani Ports &SEZ down by 0.93% and NTPC down by 0.91% were the top losers.

Meanwhile, the Commerce and Industry Minister Piyush Goyal has said that greater collaboration between businesses of India and Singapore will help boost trade and investment ties between the two countries. Further, he emphasised on strengthening India-Singapore trade and investment ties for a more balanced, inclusive and future-ready economic partnership. 

He has called on Prime Minister of Singapore Lawrence Wong and discussed ways to strengthen trade and investment linkages, cooperation in innovation and digital connectivity, and exploring new opportunities in sustainable development. 

He also held meetings with senior officials of Singapore-based firms. He discussed with them India's achievements in renewable energy and ambitious aims, and explored avenues for collaboration in clean energy, green hydrogen, and industrial parks. Moreover, he discussed emerging opportunities in India across various areas, including waste-to-energy, infrastructure, data centres, and digital connectivity.

The CNX Nifty is currently trading at 24980.30, up by 86.05 points or 0.35% after trading in a range of 24881.65 and 24982.85. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were Max Healthcare Inst up by 4.05%, Shriram Finance up by 3.00%, Bajaj Finance up by 2.25%, Apollo Hospital up by 2.21% and TCS up by 1.73%. On the flip side, Power Grid Corporation down by 1.47%, Tata Steel down by 1.28%, Adani Ports &SEZ down by 1.13%, Titan Company down by 1.12% and Cipla down by 0.94% were the top losers.

Asian markets were trading mostly higher; Nikkei 225 surged 2189.5 points or 4.78% to 47,959.00, Jakarta Composite plunged 6.49 points or 0.08% to 8,111.81 and Straits Times rose 4.23 points or 0.1% to 4,416.18. On the flip side, Hang Seng declined 263.92 points or 0.97% to 26,877.00. 


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