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Key gauges trade marginally higher in morning deals
Jan-05-2026

Indian equity benchmarks erased initial losses and were trading marginally higher in morning deals, led by gains in Realty, Consumer Durables and Auto stocks. Traders took some support as report stated that Commerce and Industry Minister Piyush Goyal will visit Brussels this week for talks with his EU counterpart on the proposed trade pact, for which negotiations are in the last phase. Some support also came as the Reserve Bank of India’s (RBI) data showed that bank credit to industry increased at a faster rate of 9.6 percent in November 2025 as against 8.3 percent in the same month of the preceding year. Sector-wise, Textile industry stocks remained in watch as the government has further extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles till March 31. On the global front, Asian markets are trading in green despite rising geopolitical tensions and weak economic data from China. A private sector survey showed today that China's services activity expanded at its slowest pace in six months in December.  

The BSE Sensex is currently trading at 85840.17, up by 78.16 points or 0.09% after trading in a range of 85516.75 and 85883.50. There were 17 stocks advancing against 13 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.14%, while Small cap index was up by 0.15%.

The top gaining sectoral indices on the BSE were Realty up by 1.26%, Consumer Durables up by 1.07%, Auto up by 0.84%, Capital Goods up by 0.82% and FMCG up by 0.65%, while IT down by 1.55%, TECK down by 1.17%, Oil & Gas down by 0.66%, Energy down by 0.32% and Utilities down by 0.29% were the top losing indices on BSE.

The top gainers on the Sensex were Bharat Electronics up by 3.03%, Asian Paints up by 1.76%, Maruti Suzuki up by 1.70%, Axis Bank up by 1.66% and SBI up by 1.57%. On the flip side, Infosys down by 2.68%, HCL Technologies down by 2.20%, HDFC Bank down by 1.25%, Tech Mahindra down by 1.21% and Eternal down by 1.06% were the top losers.

Meanwhile, the Reserve Bank of India (RBI) in its latest data has showed that bank credit to industry increased at a faster rate of 9.6 percent in November 2025 as against 8.3 percent in the same month of the preceding year. On a year-on-year (y-o-y) basis, non-food bank credit rose by 11.4 percent as of the fortnight ended November 28, 2025, compared to 10.6 percent in the corresponding fortnight a year earlier (November 29, 2024).

According to data, credit to 'micro and small' and 'medium' industries continued to exhibit double-digit expansion. Outstanding bank credit to infrastructure, engineering, textiles, and petroleum, coal products and nuclear fuels increased significantly on a year-on-year basis. Further, lending to agriculture and allied activities registered an annual growth of 8.7 percent, compared to 15.3 percent in the corresponding fortnight of the previous year.

Moreover, it mentioned credit to the services sector registered a growth rate of 11.7 percent as compared to 12.8 percent in the corresponding fortnight of the previous year. Growth improved in segments such as non-banking financial companies (NBFCs) and computer software. Segments such as trade and commercial real estate also registered a healthy growth, albeit with a marginal deceleration.

The CNX Nifty is currently trading at 26363.00, up by 34.45 points or 0.13% after trading in a range of 26263.60 and 26373.20. There were 31 stocks advancing against 19 stocks declining on the index.

The top gainers on Nifty were Bharat Electronics up by 3.01%, Eicher Motors up by 1.95%, Nestle up by 1.89%, Maruti Suzuki up by 1.77% and Asian Paints up by 1.75%. On the flip side, Infosys down by 2.65%, HCL Technologies down by 2.22%, Wipro down by 2.21%, ONGC down by 2.06% and HDFC Bank down by 1.29% were the top losers.

Asian markets are trading in green; Nikkei 225 surged 1561.52 points or 3.1% to 51,901.00, Taiwan Weighted added 836.5 points or 2.85% to 30,186.31, Jakarta Composite gained 56.71 points or 0.65% to 8,804.84, Shanghai Composite strengthened 43.83 points or 1.1% to 4,012.67, KOSPI increased 135.32 points or 3.14% to 4,444.95, Hang Seng advanced 47.53 points or 0.18% to 26,386.00 and Straits Times rose 27.86 points or 0.6% to 4,683.98. 

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