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Bourses continue to trade in red during early afternoon session
Dec-16-2025

Indian markets continued to trade lower in early afternoon session following weak cues from other Asian markets. As for broader indices, the BSE Mid cap index and Small cap index traded in red. Sentiments remained weak as HSBC flash composite output index dropped to 58.9 in December from 59.7 in November. However, a score above 50 indicates expansion in the sector. Traders overlooked the report that India’s merchandise exports rose 19.4 per cent year-on-year (Y-o-Y) to $38.1 billion in November, the fastest pace of growth in 41 months, driven by a sharp increase in shipments to the US, which rose 22.6 per cent, and China, which surged 90.1 per cent.  On the global front, all Asian markets were trading lower ahead of the release of some key U.S. economic data in the coming days. U.S Core Inflation data is going to be out on December 18. 

The BSE Sensex is currently trading at 84773.95, down by 439.41 points or 0.52% after trading in a range of 84683.91 and 85059.96. There were 9 stocks advancing against 21 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.68%, while Small cap index was down by 0.50%.

The few gaining sectoral indices on the BSE were Telecom up by 0.84%, Consumer Durables up by 0.60% and FMCG was up by 0.34%, while Metal down by 1.14%, Realty down by 1.08%, IT down by 0.99%, PSU down by 0.95% and Oil & Gas was down by 0.92% were the top losing indices on BSE.

The top gainers on the Sensex were Titan Company up by 1.27%, Bharti Airtel up by 1.20%, Mahindra & Mahindra up by 0.62%, Kotak Mahindra Bank up by 0.57% and Trent up by 0.48%. On the flip side, Axis Bank down by 3.78%, Eternal down by 3.62%, HCL Tech down by 2.15%, Tata Steel down by 1.27% and Infosys down by 1.24% were the top losers.

Meanwhile, commerce ministry in its latest data has showed that India’s merchandise exports rebounded by 19.37 per cent year on year to $38.13 billion in November 2025 after contracting in October 2025, driven by higher shipments of engineering and electronics goods. Merchandise exports stood at $31.94 billion during November 2024. The country's imports fell by 1.88 per cent to $62.66 billion in November 2025 as compared to $63.87 billion in November 2024, due to a fall in the inbound shipments of gold, crude oil, coal, and coke during the month under review.  The dip in imports also helped bring down the trade deficit (difference between imports and exports) to a five-month low of $24.53 billion. The previous low was $18.78 billion in June 2025. The trade deficit stood at a record $41.68 billion in October.

According to the data, cumulatively, merchandise exports were up 2.62 per cent to $292.07 billion during April-November 2025 as compared to $284.60 billion during April-November 2024. Merchandise imports rose by 5.59 per cent to $515.21 billion during April-November 2025 as compared to $487.93 billion during April-November 2024. Merchandise trade deficit during April-November 2025 was $223.13 billion as compared to $203.33 billion during April-November 2024.

Non-petroleum and non-gems & jewellery exports in November 2025 were $31.56 billion as compared to $26.35 billion in November 2024. Non-petroleum and non-gems & jewellery exports in April-November 2025 were $234.94 billion as compared to $220.76 billion in April-November 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in November 2025 were $41.61 Billion as compared to $36.67 Billion in November 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-November 2025 were $329.36 billion as compared to $301.23 billion in April-November 2024. 

The CNX Nifty is currently trading at 25893.45, down by 133.85 points or 0.51% after trading in a range of 25870.45 and 25980.75. There were 17 stocks advancing against 33 stocks declining on the index.

The top gainers on Nifty were Bharti Airtel up by 1.42%, Tata Consumer up by 1.35%, Titan Company up by 1.23%, SBI Life up by 0.73% and Mahindra & Mahindra up by 0.57%. On the flip side, Axis Bank down by 3.86%, Eternal down by 3.59%, HCL Tech down by 2.14%, JSW Steel down by 1.70% and Hindalco down by 1.59% were the top losers.

All Asian markets were trading lower; Nikkei 225 slipped 724.11 points or 1.46% to 49,444.00, Hang Seng declined 419.88 points or 1.64% to 25,209.00, Taiwan Weighted lost 330.28 points or 1.2% to 27,536.66, KOSPI dropped 91.46 points or 2.29% to 3,999.13, Shanghai Composite weakened 43.11 points or 1.11% to 3,824.81, Jakarta Composite plunged 10.18 points or 0.12% to 8,639.48 and Straits Times was down by 10 points or 0.22% to 4,579.17.

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