Markets bounce back in early trade on buying in IT counters, optimism over India-U.S. trade talks

Markets bounce back in early trade on buying in IT counters, optimism over India-U.S. trade talks

Business


Representative image
| Photo Credit: Special Arrangement

Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday (October 14, 2025), driven by buying in IT stocks, optimism over India-U.S. trade talks, and a sharp rally in the U.S. markets.

Meanwhile, retail inflation slowed to an over 8-year low of 1.54% in September and slipped below the Reserve Bank’s comfort zone mainly due to subdued prices of vegetables, fruits and pulses, according to government data released on Monday (October 13, 2025).

The 30-share BSE Sensex climbed 246.32 points to 82,573.37 in initial trade. The 50-share NSE Nifty went up by 83 points to 25,310.35.

From the Sensex firms, HCL Tech climbed nearly 2% a day after announcing its September quarter earnings. HCL Technology on Monday reported a flat consolidated net profit of ₹4,235 crore for the quarter ended on September 30, 2025. On a sequential basis, the IT company reported a 10.2% growth compared to the net profit of ₹3,843 crore in the June quarter of 2025-26.

Tech Mahindra, Infosys, Tata Steel, Bharat Electronics and Reliance Industries were also among the gainers.

However, Maruti, Bajaj Finance, Axis Bank and Sun Pharma were among the laggards.

A team of senior officials from India will visit the U.S. this week for trade talks, and negotiations on the proposed bilateral trade agreement are progressing well, a top official said on Monday (October 13, 2025).

In Asian markets, South Korea’s Kospi and Shanghai’s SSE Composite Index quoted in positive territory, while Japan’s Nikkei 225 index and Hong Kong’s Hang Seng quoted lower.

U.S. markets ended sharply higher on Monday (October 13, 2025).

Global oil benchmark Brent crude climbed 0.33% to $63.53 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹240.10 crore on Monday (October 13, 2025), according to exchange data.

On Monday (October 13, 2025), the Sensex dropped 173.77 points or 0.21% to settle at 82,327.05, snapping its two-day rally. The Nifty declined 58 points or 0.23% to 25,227.35.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *