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Share market opens flat, Bharti Airtel and ICICI Bank among top gainers

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Share market opens flat, Bharti Airtel and ICICI Bank among top gainers

Mumbai, Nov 12 (IANS) The Indian stock market opened flat on Tuesday as buying was seen in realty, media, IT, PSU bank, financial services and pharma sectors in early trade.

Sensex was trading at 79,584.29 after rising 88.14 points or 0.11 per cent. At the same time, Nifty was trading at 24,172.95 after rising 31.65 points or 0.13 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,525 stocks were trading in green, while 651 stocks were trading in red.

Nifty Bank was at 52,933.60 after rising 56.85 points or 0.11 per cent. The Nifty Midcap 100 index was trading at 56,230.10 after gaining 376.35 points or 0.67 per cent. At the same time, the Nifty Small cap 100 index was at 18,352.55 after gaining 127.40 points or 0.70 per cent.

Bharti Airtel, ICICI Bank, Tata Steel, Sun Pharma, Axis Bank, HCL Tech, Power Grid, Tata Motors and Infosys were the top gainers in the Sensex pack. At the same time, Asian Paints, M&M, HDFC Bank, Maruti, Nestle India and IndusInd Bank were the top losers.

ICICI Bank, Infosys, Bajaj Finserv, Bajaj Finance, Tech Mahindra, Maruti, Sun Pharma and Axis Bank were the top gainers. At the same time, Titan, Tata Steel, Hindustan Unilever Limited, Kotak Mahindra Bank, Tata Motors and SBI were the top losers.

According to market experts, two strong factors have been at play in this consolidating market.

“One, the relentless selling by FIIs has been favouring the bears and pulling the market down. Two, the sustained buying by DIIs has been supporting the market preventing a crash in the market,” they said.

The Nifty remains caught in no-man’s land between resistance at 24,360 and support at 24,000, which is in tune with how the market has been volatile but “has not been able to trend in either direction since the October 25 lows near 24,073”, said Akshay Chinchalkar, Head of Research at Axis Securities.

Meanwhile, Asian markets showed mixed performances in early trade as investors remain wary. Meanwhile, in the US, Wall Street’s key indexes surged to record highs on Monday, buoyed by stocks expected to benefit from President-elect Donald Trump’s proposed fiscal policies.

In Asian markets, except Jakarta, the markets of Shanghai, Tokyo, Seoul, Bangkok and Hong Kong were trading in red. US stock markets closed in green on the previous trading day.

Foreign institutional investors (FIIs) sold equities worth Rs 2,306 crore on November 11, while domestic institutional investors bought equities worth Rs 2,026 crore on the same day.

 

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India’s counter-terrorism strategies shaped by cross-border security challenges, says Rajnath Singh Cebu, Oct 29 (IANS) Defence Minister Rajnath Singh said that India’s expertise in counter-terrorism goes far beyond theoretical knowledge, having been shaped by decades of confronting cross-border security challenges. He noted that every strategy adopted by the country has been tested in real-time situations and has proven effective. Addressing the 13th ASEAN Defence Ministers’ Meeting-Plus (ADMM-Plus) in Cebu, Singh said that the theme for this year’s meeting, ‘Navigating Our Future Together’, “deeply resonates” with India’s defence and foreign policies, adding that it is also “deeply rooted in our civilisational ethos of ‘Sarve Bhavantu Sukhinah’, reflecting our commitment to the happiness, prosperity, and welfare of the whole world and all people”. The Defence Minister stated that India has always respected the role of ASEAN. “We envision an Indo-Pacific region that is open, inclusive, and based on a rules-based international order. Our long-term strategic engagement with ASEAN is based on shared interests, mutual respect, and practical cooperation,” he said. Over the past year, Singh said the India-ASEAN defence cooperation has gained further momentum. Recalling the 2nd ASEAN-India Defence Ministers’ Informal Meeting held in Kuala Lumpur Last October, he said, “In this meeting, we reaffirmed our commitment to defence security under the ASEAN-India Comprehensive Strategic Partnership and the ASEAN-India Plan of Action for the period 2026 to 2030.” The Defence Minister mentioned that counter-terrorism is an “important area” of cooperation under the ADMM-Plus framework. “For the 2024 to 2027 cycle, India and Malaysia are co-chairing the Experts’ Working Group on Counter-Terrorism. India reiterates its firm resolution to increase security measures in this field and eliminate the roots of terrorism. India’s experience in counter-terrorism is not just limited to theoretical or classroom knowledge, but it has been attained by facing cross-border security challenges for decades. Our every strategy is tested in real-time situations and has been successful,” he added. A significant example of India’s approach to countering terrorism, Singh said, was demonstrated last year during ‘Operation Sindoor,’ where the Indian armed forces dismantled a substantial amount of terrorist infrastructure. “This also served as a clear statement of India’s firm stance against state-sponsored terror,” he added. India knows that terrorism has no geographical boundaries, Singh said, adding, “Therefore, India is fully prepared to share its practical and battle-tested counter-terrorism experience with its ADMM-Plus partners. Through joint military exercises, capacity-building programs, and robust intelligence sharing, we can further strengthen our collective capabilities.” “We support an Indo-Pacific that is secure, strong, and where peace and stability are not merely aspirations, but the result of our collective efforts,” he said. “In the year 2026, India has attached special importance to maritime cooperation in its engagement with ASEAN. India has also declared 2026 as the ASEAN-India Year of Maritime Cooperation. In this context, the 2nd ASEAN-India Maritime Exercise was also organised. We have demonstrated this through our continuous maritime engagements in this region,” he added. The Defence Minister stressed that India not only advocates for international maritime law but also strictly adheres to it in the realm of maritime security. “Our commitment to ensuring freedom of navigation and safeguarding global Sea Lines of Communication is built upon decades of sustained experience. Since 2008, the Indian Navy has maintained a consistent and active presence in highly volatile maritime corridors, such as the Gulf of Aden. Throughout this period, India has not resorted to any form of the use of force that would undermine the interests of other nations.” “By deploying its frontline warships, the Indian Navy has provided security to thousands of merchant vessels and thwarted numerous attempts at maritime hijacking. Our security arrangement has not been limited to any specific flag or nationality. India has viewed the security of commercial shipping as a responsibility,” he added. Emphasising maritime security, Singh said that when global trade routes are facing various new international threats, “merely issuing statements regarding maritime security is not enough”. “Our resolve is clear: India will continue to act as a trusted net security provider in the Indian Ocean Region and the wider Indo-Pacific. India considers maritime security as an issue linked to the peace, security, and prosperity of this region. India’s emphasis on the rule of law, particularly the United Nations Convention on the Law of the Sea, and its advocacy for freedom of navigation and overflight, is not directed against any country. Rather, the objective is to safeguard the collective interests of all regional stakeholders who depend on open sea lanes and stable maritime governance,” he added. The Defence Minister stressed that India is committed to maritime safety, search and rescue operations, humanitarian assistance, professional engagement, capacity building, and respect for international law, while adding that New Delhi looks forward to working closely with its ASEAN partners to strengthen cooperation in these areas. “To translate this potential into reality, India proposes the establishment of a robust defence ‘Youth Bridge.’ This framework aims to foster people-to-people connectivity, digital innovation, and capacity building. Such an initiative will help align the aspirations of our youth with the objectives of the ADMM-Plus,” he said. “This vision for empowering the next generation is also fully consistent with the ‘Youth, Peace and Security’ theme highlighted in the joint statement of this meeting. By empowering our youth, we are laying the foundation for a brighter future for this region,” Singh added. He said that as steps are taken to further strengthen the relationship between India and ASEAN, “India recognises that our greatest strength lies in our young population — in their energy, dynamism, and aspirations. The populations of India and the ASEAN countries are comparatively young. This similarity provides us with a distinct advantage and links our futures together.”
October 29, 2026

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India’s counter-terrorism strategies shaped by cross-border security challenges, says Rajnath Singh Cebu, Oct 29 (IANS) Defence Minister Rajnath Singh said that India’s expertise in counter-terrorism goes far beyond theoretical knowledge, having been shaped by decades of confronting cross-border security challenges. He noted that every strategy adopted by the country has been tested in real-time situations and has proven effective. Addressing the 13th ASEAN Defence Ministers’ Meeting-Plus (ADMM-Plus) in Cebu, Singh said that the theme for this year’s meeting, ‘Navigating Our Future Together’, “deeply resonates” with India’s defence and foreign policies, adding that it is also “deeply rooted in our civilisational ethos of ‘Sarve Bhavantu Sukhinah’, reflecting our commitment to the happiness, prosperity, and welfare of the whole world and all people”. The Defence Minister stated that India has always respected the role of ASEAN. “We envision an Indo-Pacific region that is open, inclusive, and based on a rules-based international order. Our long-term strategic engagement with ASEAN is based on shared interests, mutual respect, and practical cooperation,” he said. Over the past year, Singh said the India-ASEAN defence cooperation has gained further momentum. Recalling the 2nd ASEAN-India Defence Ministers’ Informal Meeting held in Kuala Lumpur Last October, he said, “In this meeting, we reaffirmed our commitment to defence security under the ASEAN-India Comprehensive Strategic Partnership and the ASEAN-India Plan of Action for the period 2026 to 2030.” The Defence Minister mentioned that counter-terrorism is an “important area” of cooperation under the ADMM-Plus framework. “For the 2024 to 2027 cycle, India and Malaysia are co-chairing the Experts’ Working Group on Counter-Terrorism. India reiterates its firm resolution to increase security measures in this field and eliminate the roots of terrorism. India’s experience in counter-terrorism is not just limited to theoretical or classroom knowledge, but it has been attained by facing cross-border security challenges for decades. Our every strategy is tested in real-time situations and has been successful,” he added. A significant example of India’s approach to countering terrorism, Singh said, was demonstrated last year during ‘Operation Sindoor,’ where the Indian armed forces dismantled a substantial amount of terrorist infrastructure. “This also served as a clear statement of India’s firm stance against state-sponsored terror,” he added. India knows that terrorism has no geographical boundaries, Singh said, adding, “Therefore, India is fully prepared to share its practical and battle-tested counter-terrorism experience with its ADMM-Plus partners. Through joint military exercises, capacity-building programs, and robust intelligence sharing, we can further strengthen our collective capabilities.” “We support an Indo-Pacific that is secure, strong, and where peace and stability are not merely aspirations, but the result of our collective efforts,” he said. “In the year 2026, India has attached special importance to maritime cooperation in its engagement with ASEAN. India has also declared 2026 as the ASEAN-India Year of Maritime Cooperation. In this context, the 2nd ASEAN-India Maritime Exercise was also organised. We have demonstrated this through our continuous maritime engagements in this region,” he added. The Defence Minister stressed that India not only advocates for international maritime law but also strictly adheres to it in the realm of maritime security. “Our commitment to ensuring freedom of navigation and safeguarding global Sea Lines of Communication is built upon decades of sustained experience. Since 2008, the Indian Navy has maintained a consistent and active presence in highly volatile maritime corridors, such as the Gulf of Aden. Throughout this period, India has not resorted to any form of the use of force that would undermine the interests of other nations.” “By deploying its frontline warships, the Indian Navy has provided security to thousands of merchant vessels and thwarted numerous attempts at maritime hijacking. Our security arrangement has not been limited to any specific flag or nationality. India has viewed the security of commercial shipping as a responsibility,” he added. Emphasising maritime security, Singh said that when global trade routes are facing various new international threats, “merely issuing statements regarding maritime security is not enough”. “Our resolve is clear: India will continue to act as a trusted net security provider in the Indian Ocean Region and the wider Indo-Pacific. India considers maritime security as an issue linked to the peace, security, and prosperity of this region. India’s emphasis on the rule of law, particularly the United Nations Convention on the Law of the Sea, and its advocacy for freedom of navigation and overflight, is not directed against any country. Rather, the objective is to safeguard the collective interests of all regional stakeholders who depend on open sea lanes and stable maritime governance,” he added. The Defence Minister stressed that India is committed to maritime safety, search and rescue operations, humanitarian assistance, professional engagement, capacity building, and respect for international law, while adding that New Delhi looks forward to working closely with its ASEAN partners to strengthen cooperation in these areas. “To translate this potential into reality, India proposes the establishment of a robust defence ‘Youth Bridge.’ This framework aims to foster people-to-people connectivity, digital innovation, and capacity building. Such an initiative will help align the aspirations of our youth with the objectives of the ADMM-Plus,” he said. “This vision for empowering the next generation is also fully consistent with the ‘Youth, Peace and Security’ theme highlighted in the joint statement of this meeting. By empowering our youth, we are laying the foundation for a brighter future for this region,” Singh added. He said that as steps are taken to further strengthen the relationship between India and ASEAN, “India recognises that our greatest strength lies in our young population — in their energy, dynamism, and aspirations. The populations of India and the ASEAN countries are comparatively young. This similarity provides us with a distinct advantage and links our futures together.”
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