Domestic equity indices remained flat and were trading slightly in the red in late morning deals due to selling pressure in stocks of Infosys, Trent, HCL Technologies, Reliance Industries, and Power Grid. Meanwhile, traders remained on the sidelines ahead of the Reserve Bank of India’s monetary policy decision on Friday. Besides, weak global market trends weighed on sentiment in domestic markets. On the BSE sectoral front, traders accumulated positions in Capital Goods, Telecom, Industrials, Consumer Durables, and Power, while Metal, IT, TECK, Basic Materials, and Utilities were under selling pressure.
On the global front, Asian markets were trading lower tracking US markets losses overnight. Traders were cautious as Israeli Prime Minister Benjamin Netanyahu said that if needed, Israel and the U.S. were prepared to strike Iran again. Back home, in the stock specific development, JBM Auto surged as the company emerged as the top player in India's electric bus segment with a 49% market share in May 2026.
The BSE Sensex is currently trading at 74278.53, down by 67.64 points or 0.09% after trading in a range of 73807.30 and 74480.75. There were 13 stocks advancing against 17 stocks declining on the index.
The top gaining sectoral indices on the BSE were Capital Goods up by 1.68%, Telecom up by 1.34%, Industrials up by 1.13%, Consumer Durables up by 1.12% and Power up by 0.88%, while Metal down by 0.65%, IT down by 0.56%, TECK down by 0.37%, Basic Materials down by 0.30% and Utilities down by 0.02% were the top losing indices on BSE.
The top gainers on the Sensex were Eternal up by 2.87%, Tech Mahindra up by 1.37%, SBI up by 1.04%, ITC up by 1.01% and Titan up by 1.00%. On the flip side, Infosys down by 1.59%, Trent down by 1.53%, HCL Technologies down by 0.91%, Reliance Industries down by 0.83% and Power Grid down by 0.79% were the top losers.
Meanwhile, Environment Minister Bhupender Yadav has said that India emerged as the world's second-largest solar market, surpassing the United States in annual solar capacity additions in 2025. He stated this achievement highlights the nation's rapid clean energy growth, helping ensure efficient, reliable, and sustainable solar infrastructure.
According to him, while the country's solar capacity stood at 2.8 GW in 2014, it has crossed 155 GW as of June 03, 2026, representing a 5,370 per cent rise.
Further, he stated that India has crossed 50 per cent non-fossil installed capacity and met its nationally determined contributions (NDC), the non-binding, voluntary climate action plans that every country is obligated to decide upon and implement under the 2015 Paris Agreement, targets ahead of schedule. Moreover, he added more than 40 lakh households have been powered by solar energy under the Prime Minister Surya Ghar Muft Bijli Yojana.
The CNX Nifty is currently trading at 23389.10, down by 16.50 points or 0.07% after trading in a range of 23247.30 and 23450.10. There were 24 stocks advancing against 26 stocks declining on the index.
The top gainers on Nifty were Eternal up by 2.85%, Tech Mahindra up by 1.49%, SBI up by 1.16%, Coal India up by 1.14% and Titan up by 1.02%. On the flip side, Trent down by 1.63%, Infosys down by 1.60%, Max Healthcare Inst down by 1.12%, Tata MotorsPassenger down by 1.11% and HCL Technologies down by 0.92% were the top losers.
All Asian markets were trading lower; Nikkei 225 slipped 1032.13 points or 1.51% to 67,370.00, Taiwan Weighted lost 655.79 points or 1.43% to 45,803.37, Jakarta Composite plunged 206.81 points or 3.61% to 5,734.26, Shanghai Composite weakened 25.6 points or 0.63% to 4,058.37, KOSPI dropped 156.13 points or 1.77% to 8,645.36, Hang Seng declined 428.21 points or 1.67% to 25,205.00 and Straits Times fell 58.93 points or 1.15% to 5,079.31.
