HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Bourses trim some losses in early afternoon session
Dec-15-2025

Indian markets trimmed some of their losses in early afternoon session but continued to trade in red. Losses got trimmed as annual rate of inflation based on All India Wholesale Price Index (WPI) number is (-) 0.32% (provisional) for the month of November, 2025 (over November, 2024). Negative rate of inflation in November, 2025 is primarily due to decrease in prices of food articles, mineral oils, crude petroleum & natural gas, manufacture of basic metals and electricity etc. Sector wise, Gem and Jewellery sector remained in limelight as Gem and Jewellery Export Promotion Council in its latest report has said that India's gems and jewellery exports grew 19.64% to $2.5 billion in November 2025 as compared to exports of $2.1 billion during the corresponding month of the previous year the same month last year. On the global front, Asian markets were trading mostly in red even after Industrial production in China was up 4.8 percent on year in November. That was shy of expectations for an increase of 5.0 percent and down from 4.9 percent in October. 

The BSE Sensex is currently trading at 85201.89, down by 65.77 points or 0.08% after trading in a range of 84840.32 and 85244.31. There were 15 stocks advancing against 15 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index declined 0.09%, while Small cap index was up by 0.28%.

The top gaining sectoral indices on the BSE were Consumer Durables up by 0.53%, FMCG up by 0.38%, Industrials up by 0.34%, Capital Goods up by 0.31% and IT was up by 0.28%, while Auto down by 0.93%, Telecom down by 0.67%, Healthcare down by 0.41%, Consumer discretionary down by 0.36% and Realty was down by 0.19% were the top losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 1.18%, Hindustan Unilever up by 0.99%, HCL Tech up by 0.69%, Tata Steel up by 0.44% and Bharat Electronics up by 0.40%. On the flip side, Mahindra & Mahindra down by 1.64%, Power Grid down by 0.64%, Bajaj Finserv down by 0.62%, Bharti Airtel down by 0.57% and Maruti Suzuki down by 0.55% were the top losers.

Meanwhile, as India-Russia aim for $100 billion bilateral trade by 2030, it offers tremendous potential for Indian exporters to push their high-potential products like engineering goods, pharma, agri, and chemicals to Russia. Besides, the rise in exports will help India to bridge its $59 billion trade deficit with Russia. The country has exported $1.7 billion worth of goods to Russia this year, meanwhile, its imports from Russia stood at $37.4 billion. The imports from Russia grew more than tenfold to $64.24 billion in 2024 from $5.94 billion in 2020, entirely driven by mineral fuels or crude oil imports. On the other hand, Indian exports constitute just around 2.3% of Russia's import basket. 

The bilateral trade target offers great opportunity for Indian exports of agriculture and allied products. India’s agriculture and allied exports to Russia currently stood at $452 million against their global import demand of $3.9 billion. Further, the exports of engineering goods will benefit as Russia diversifies away from China. The trade of engineering goods represents widest gap with Indian exporting $90 million worth of goods to Russia, while Russia imports $2.7 billion in this segment. 

Similarly, in chemicals and plastics segment, India contributes $135 million to a demand of $2.06 billion. In pharmaceuticals space, India exported $546 million worth of pharma goods to Russia, however, Russia’s imports stood at $9.7 billion, making generics and APIs (active pharma ingredients) significant growth levers.

The CNX Nifty is currently trading at 26023.40, down by 23.55 points or 0.09% after trading in a range of 25904.75 and 26028.25. There were 22 stocks advancing against 27 stocks declining on the index, while 1 stock remained unchanged. 

The top gainers on Nifty were Interglobe Aviation up by 2.15%, Shriram Finance up by 1.11%, Asian Paints up by 1.09%, Hindustan Unilever up by 1.01% and Tata Consumer up by 0.77%. On the flip side, ONGC down by 2.09%, Eicher Motors down by 1.67%, Mahindra & Mahindra down by 1.61%, Bajaj Auto down by 1.14% and JSW Steel down by 0.83% were the top losers.

Asian markets were trading mostly in red; Nikkei 225 slipped 599.55 points or 1.19% to 50,237.00, Hang Seng declined 361.79 points or 1.39% to 25,615.00, Taiwan Weighted lost 331.08 points or 1.19% to 27,866.94, KOSPI dropped 76.57 points or 1.87% to 4,090.59, Shanghai Composite weakened 21.43 points or 0.55% to 3,867.92 and Straits Times was down by 5.59 points or 0.12% to 4,580.86. On the flip side, Jakarta Composite was up by 33.77 points or 0.39% to 8,694.27.

  RELATED NEWS >>