Jun 11, 2025, 11:23 GMT+7
(Reuters) -India's benchmark indexes traded marginally higher on Wednesday, mirroring gains in other Asian markets on signs of progress in trade talks between the U.S. and its key trading partners such as India and China.
The Nifty 50and the BSE Sensex added 0.15% each to hit 25,140.95 and 82,513.24, respectively, as of 9:52 a.m. IST.
Seven of the 13 major sectors logged gains. The broader, more domestically focussed small-capsand mid-capsrose about 0.2% each.
Heavyweight financialsextended their slump to drop 0.3%. They fell 0.7% over the past two sessions after hitting a record high on Monday.
The third heaviest stock on Nifty 50, Reliance Industries,led the charge on the benchmark, rising 1.7%.
Other Asian markets rose at the open, with the MSCI Asia ex-Japan index gaining 0.6%, following an agreement between the U.S. and Chinese negotiators on a trade deal framework in London, pending approval by their leaders.
Meanwhile, Indian and U.S. officials made progress in bilateral trade talks in New Delhi, focusing on industrial goods, agriculture, tariff reductions and non-tariff barriers, according to Indian government sources.
"There is calm in the market as investors are monitoring the developments in the U.S. trade talks with its key trading partners," said Aditya Khemka, fund manager at InCred Asset Management.
While the sentiment remains positive, markets are likely to see bouts of profit booking due to elevated valuations and as investors await better entry opportunities, Khemka said.
Among other stocks, Texmaco Rail and Engineeringrose 2.5% after winning orders worth 440.4 million rupees ($5.2 million).
Liquor companies United Spiritsand Radico Khaitanlost 5% and 1%, respectively, after the Maharashtra government agreed to hike excise duties on liquor to boost tax revenues.
($1 = 85.4750 Indian rupees)

Sumber : Reuters