Indian Stocks Rise: Fund Buying & RBI Optimism Boost Indices
Infographic: Domestic Indices Hold Green Amid Fund Buying, RBI Optimism
Key Highlights
Indian equity markets, including Sensex and Nifty 50, extend gains driven by robust fund buying and positive economic outlook from RBI Governor.
Domestic equity indices sustained gains in late morning trading, propelled by active buying from both funds and retail investors across the board.
Market sentiment received a boost from Reserve Bank of India Governor Sanjay Malhotra, who highlighted the growing resilience of the rural economy and agricultural sector. This strength is attributed to expanded irrigation, increased farm mechanisation, and improved crop varieties.
Market Drivers
RBI Governor Sanjay Malhotra noted agricultural sector resilience due to growth in allied activities. Additionally, crude oil prices trended lower following progress in Iran-Oman talks, adding to positive market sentiment.
The Sensex advanced by over a quarter percent, primarily driven by strong performances from index heavyweights. The also recorded marginal gains during the session.
Index Performance Snapshot
The BSE Sensex is currently trading at 78854.28, having gained 273.28 points or 0.35%. It traded within a range of 78633.73 and 78892.16. On the index, 12 stocks advanced while 18 stocks declined.
Leading the Sensex gains were Reliance Industries, ICICI Bank, and Titan Company. On the Nifty 50, Reliance Industries, Shriram Finance, Bharat Electronics, and Cipla contributed to the upward movement.
Top Performers & Laggards
Sensex top gainers included Eternal, up 2.51%, Reliance Industries, up 2.15%, and Bharat Electronics, which rose 2.03%. Titan Company increased by 1.38%, and ICICI Bank gained 0.87%.
Conversely, Power Grid led the Sensex losers, down 3.83%, followed by NTPC, which fell 1.21%. Trent declined by 1.00%, Mahindra & Mahindra by 0.89%, and Infosys by 0.71%.
Selling pressure in HCL Technologies, Maruti Suzuki India, Bharti Airtel, and Bajaj Finance tempered overall market gains.
Sectoral Dynamics
On the BSE sectoral front, Capital Goods, Energy, and Industrials saw significant buying interest. Capital Goods gained 0.94%, Energy rose 0.87%, and Industrials were up 0.84%. Healthcare advanced 0.54%, and Oil & Gas climbed 0.46%.
Conversely, Utilities declined 0.86%, Power fell 0.77%, and Realty was down 0.67%. The IT sector dropped 0.23%, and Metal dipped 0.22%.
Globally, Asian markets displayed mixed trends, influenced by predominantly negative cues from US markets overnight.
Policy Developments
In a separate development, the government operationalised the Inventory-based Cross-border E-Commerce Export Framework. This initiative falls under the Foreign Trade Policy (FTP), 2023, as outlined in a Notification and Notice issued on August 5, 2026.
This framework establishes a comprehensive policy and procedural architecture designed to facilitate inventory-based cross-border e-commerce exports of goods manufactured or produced in India. The move follows an amendment to the Foreign Direct Investment (FDI) Policy via Press Note No. 3 (2026 Series), which permits such e-commerce operations exclusively for exports.