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Bourses add losses in early afternoon session
Oct-30-2025

Indian markets extended their losses in early afternoon session as traders avoided to take risk. Traders reacted to hawkish remarks from Fed Chair Jerome Powell. Investors overlooked the report that overall U.S. tariffs on Chinese goods would be reduced to 47 per cent from 57 per cent. Besides, Chief Economic Advisor V Anantha Nageswaran said the Indian economy has responded quite satisfactorily to global headwinds, and exuded confidence that real GDP growth is likely to touch 7 per cent in FY26. On the global front, Asian markets were trading mixed as The Bank of Japan left its interest rate unchanged and kept its real growth and inflation outlook more or less unchanged. The BoJ kept its inflation outlook unchanged for the current fiscal year and for the coming two years. 

The BSE Sensex is currently trading at 84556.02, down by 441.11 points or 0.52% after trading in a range of 84467.03 and 84906.95. There were 7 stocks advancing against 23 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index was declined 0.07%, while Small cap index was down by 0.09%.

The top gaining sectoral indices on the BSE were Oil & Gas up by 0.46%, Industrials up by 0.37%, Energy up by 0.25%, Capital Goods up by 0.12% and Realty was up by 0.03%, while Telecom down by 2.37%, TECK down by 1.06%, FMCG down by 0.70%, Metal down by 0.63% and Utilities was down by 0.54% were the top losing indices on BSE.

The top gainers on the Sensex were Larsen & Toubro up by 1.28%, Bharat Electronics up by 0.37%, Adani Ports up by 0.37%, Ultratech Cement up by 0.36% and Maruti Suzuki up by 0.24%. On the flip side, Bharti Airtel down by 1.80%, Sun Pharma down by 1.24%, Power Grid down by 1.20%, Hindustan Unilever down by 1.19% and Bajaj Finance down by 1.13% were the top losers.

Meanwhile, NITI Aayog's Frontier Tech Hub has unveiled a roadmap for making India a global leader in advanced manufacturing. With targeted interventions, the roadmap estimates manufacturing to contribute over 25% to India's GDP, creating more than 100 million jobs, and positioning India among the top three global hubs for advanced manufacturing by 2035.

The road map is developed in collaboration with CII and Deloitte with guidance from an expert council of industry leaders. Further, it lays out a sector-focused path to harness frontier technologies and elevate India's manufacturing competitiveness. Besides, the roadmap emphasizes Artificial Intelligence and Machine Learning, Advanced Materials, Digital Twins and Robotics as high-impact enablers and maps their implications across 13 priority manufacturing sectors.

To address current barriers limiting India's manufacturing competitiveness, it has suggested coordinated strengthening of R&D ecosystems, industrial infrastructure, workforce development, and scaled deployment of frontier technologies in sector-specific ways through a 10-year strategic roadmap detailing out comprehensive interventions.

However, if India fails to adopt key frontier technologies in high impact sectors, the NITI Aayog has cautioned that the country will risk a historic window of opportunity and this could lead to a potential loss of $270 billion by 2035 and $1 trillion by 2047 in additional manufacturing GDP.

The CNX Nifty is currently trading at 25921.00, down by 132.90 points or 0.51% after trading in a range of 25892.25 and 26032.05. There were 12 stocks advancing against 38 stocks declining on the index.

The top gainers on Nifty were Larsen & Toubro up by 1.12%, Coal India up by 0.99%, Bharat Electronics up by 0.38%, Adani Ports up by 0.37% and JIO Financial up by 0.37%. On the flip side, Dr. Reddy's Lab down by 4.07%, HDFC Life Insurance down by 2.07%, Bharti Airtel down by 1.78%, Max Healthcare down by 1.35% and Sun Pharma down by 1.19% were the top losers.

Asian markets were trading mixed; Hang Seng declined 153.14 points or 0.58% to 26,193.00, Shanghai Composite weakened 30.19 points or 0.76% to 3,986.14, Straits Times fell 15.47 points or 0.35% to 4,424.74 and Taiwan Weighted was down by 7.21 points or 0.03% to 28,287.53. On the flip side, Jakarta Composite gained 2.12 points or 0.03% to 8,168.34, KOSPI increased 5.74 points or 0.14% to 4,086.89 and Nikkei 225 was up by 151.35 points or 0.29% to 51,459.00.

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