HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets hold gains in late trade
Sep-12-2025

Markets hold gains in late trade

Indian equity markets held their gains in late trade amid rising hopes of bilateral trade deal between India and the US. This came on the back drop of U.S. ambassador to India showing optimism over the trade deal. He said ‘We fully intend in these trade talks that are ongoing right now to open the markets to crude oil, petroleum products, liquefied natural gas. You're talking about a population of 1.4 billion individuals there. Their middle class, by our definition, is larger than the entire United States of America. And so we have countless possibilities to expand into those markets, and we fully intend to do that’.  

On the global front, Asian equity markets were trading mostly in green as rising jobless claims coupled spurred expectations for more Federal Reserve rate cuts. European equity markets were trading mostly in red despite the France and Germany’s inflation data matched expectations. 

The BSE Sensex is currently trading at 81900.17, up by 351.44 points or 0.43% after trading in a range of 81641.38 and 81992.85. There were 16 stocks advancing against 13 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index gained 0.04%, while Small cap index was up by 0.28%.

The top gaining sectoral indices on the BSE were Capital Goods up by 1.61%, Industrials up by 1.19%, Telecom up by 0.92%, Metal up by 0.80% and PSU up by 0.62%, while FMCG down by 0.68%, Realty down by 0.21%, Consumer Durables down by 0.12% and Consumer Discretionary down by 0.03% were the few losing indices on BSE.

The top gainers on the Sensex were Bharat Electronics up by 3.60%, Bajaj Finance up by 3.09%, Bajaj Finserv up by 2.11%, Axis Bank up by 1.79% and Maruti Suzuki up by 1.51%. On the flip side, Eternal down by 1.89%, Hindustan Unilever down by 1.50%, Trent down by 0.62%, HDFC Bank down by 0.25% and Kotak Mahindra Bank down by 0.20% were the top losers.

Meanwhile, New & Renewable Energy Minister Pralhad Joshi has launched a Rs 100-crore scheme for startups to support innovations in green hydrogen production. He said the scheme will provide up to Rs 5 crore per project for pilot projects in innovative hydrogen production, storage, transport and utilisation technologies.

The minister underscored the vision of Prime Minister Narendra Modi, who launched the National Green Hydrogen Mission (NGHM) in 2023, to transform India's energy landscape and make the country a global hub for green hydrogen. He said with an outlay of Rs 19,744 crore, the Mission rests on four pillars - Policy and Regulatory Framework, Demand Creation, R&D and Innovation, and Enabling Infrastructure. Highlighting progress in research and development, he said the dedicated R&D scheme under NGHM has already awarded 23 projects in the first round. These cover key areas such as safety and integration, hydrogen production from biomass, hydrogen applications, and non-biomass hydrogen production routes. Leading IITs, IISERs, CSIR labs and industry partners are implementing these projects. The second round of R&D proposals, launched on July 14 this year, remains open till September 15. Internationally too, collaborations are expanding under the EU-India Trade and Technology Council, with over 30 joint proposals received on hydrogen production from wastewater. 

He stressed that green hydrogen ecosystem in India is already moving from vision to action. India's first port-based green hydrogen pilot project has been launched at V.O. Chidambaranar Port in Tamil Nadu. In the steel sector, five pilot projects are demonstrating hydrogen-based decarbonisation. In shipping, vessels are being retrofitted and refuelling facilities are being developed at Tuticorin Port. In transport, hydrogen buses and refuelling stations are already operational. In fertilisers, India conducted its first-ever green ammonia auction, discovering a historic low price of Rs 49.75 per kg, compared to Rs 100.28 per kg in 2024, with supplies set to begin at Paradeep Phosphates in Odisha. 

The CNX Nifty is currently trading at 25111.60, up by 106.10 points or 0.42% after trading in a range of 25038.05 and 25139.45. There were 31 stocks advancing against 19 stocks declining on the index.

The top gainers on Nifty were Bharat Electronics up by 3.60%, Bajaj Finance up by 3.20%, Shriram Finance up by 2.10%, Bajaj Finserv up by 2.07% and Hindalco up by 2.04%. On the flip side, Eternal down by 1.87%, Hindustan Unilever down by 1.52%, Bajaj Auto down by 0.99%, Wipro down by 0.65% and Trent down by 0.60% were the top losers.

Asian equity markets were trading mostly in green; Nikkei 225 surged 405.5 points or 0.91% to 44,778.00, Hang Seng advanced 304.68 points or 1.15% to 26,391.00, KOSPI increased 51.34 points or 1.51% to 3,395.54, Jakarta Composite gained 83.93 points or 1.07% to 7,831.84 and Taiwan Weighted added 258.93 points or 1.02% to 25,474.64, while Straits Times fell 14.16 points or 0.33% to 4,341.66 and Shanghai Composite weakened 4.71 points or 0.12% to 3,870.60.

European equity markets were trading mostly in red; UK’s FTSE 100 increased 23.97 points or 0.26% to 9,321.55, while France’s CAC fell 39.32 points or 0.5% to 7,784.20 and Germany’s DAX lost 78.75 points or 0.33% to 23,624.90.

  RELATED NEWS >>