Indian equity benchmarks continued to trade flat in morning deals, as weak trends in Asian markets and fresh foreign fund outflows led to the subdued trading in equities. Traders remained cautious as an article titled State of the Economy published in the Reserve Bank of India’s (RBI’s) June Bulletin has stated that an adverse south-west monsoon could pose headwinds to the domestic growth and inflation outlook, even as the global economic landscape remains fragile. It also noted that geopolitical tensions and trade disruptions persisted despite the recent interim peace deal in West Asia. Traders also took a note of the Ministry of Commerce & Industry’s data showing that eight key infrastructure sectors’ output growth slowed to a seven-month low of 0.5 per cent in May 2026 due to a fall in output of coal, crude oil and refinery products. On the global front, Asian markets were trading mostly in red following the mixed cues from Wall Street overnight, amid continued uncertainty about the progress in the ongoing peace talks to end the Middle East war and the related complete opening of the Strait of Hormuz.
The BSE Sensex is currently trading at 77129.63, up by 35.56 points or 0.05% after trading in a range of 76878.66 and 77192.63. There were 16 stocks advancing against 14 stocks declining on the index.
The top gaining sectoral indices on the BSE were Realty up by 1.73%, Healthcare up by 1.53%, Capital Goods up by 0.39%, Industrials up by 0.34%, Consumer Disc up by 0.21% while, IT down by 1.73%, Metal down by 1.36%, TECK down by 1.19%, Basic Materials down by 0.63%, PSU down by 0.46% were the losing indices on BSE.
The top gainers on the Sensex were Sun Pharma up by 1.11%, ICICI Bank up by 0.88%, Larsen & Toubro up by 0.70%, Trent up by 0.68% and Kotak Mahindra Bank up by 0.46%. On the flip side, Infosys down by 2.93%, TCS down by 2.15%, Tech Mahindra down by 1.81%, HCL Tech. down by 1.32% and Tata Steel down by 0.78% were the top losers.
Meanwhile, the Ministry of Commerce & Industry in its latest data has showed that eight key infrastructure sectors’ output growth slowed to a seven-month low of 0.5 per cent in May 2026 due to a fall in output of coal, crude oil and refinery products. The eight core sectors had recorded a growth of 1.2 per cent in the same month last year, while the expansion rate stood at 1.8 per cent in April 2026. During April-May 2026-27, the key sectors expansion remained flat at 1.1 per cent. In October 2025, the eight sectors output recorded a negative growth of 0.1 per cent.
Steel production having 17.92% weight increased by 5 per cent in May 2026 over May 2025 and its cumulative index increased by 5.2 per cent during April to May 2026-27 over corresponding period of the previous year. Electricity generation having 19.85% weight increased by 8.7 per cent in May 2026 over May 2025 and its cumulative index increased by 7.1 per cent during April to May 2026-27 over corresponding period of the previous year. Cement production having 5.37% weight increased by 8.4 per cent in May 2026 over May 2025 and its cumulative index increased by 8.3 per cent during April to May 2026-27 over corresponding period of the previous year.
Coal production having 10.33% weight decreased by 9.3 per cent in May 2026 over May 2025 and its cumulative index declined by 9.1 per cent during April to May 2026-27 over corresponding period of the previous year. Crude Oil production having 8.98% weight declined by 4.6 per cent in May 2026 over May 2025 and its cumulative index declined by 4.2 per cent during April to May 2026-27 over corresponding period of the previous year. Fertilizer production having 2.63% weight declined by 0.9 per cent in May 2026 over May 2025 and its cumulative index declined by 4.5 per cent during April to May 2026-27 over corresponding period of the previous year.
Natural Gas production having 6.88% weight declined by 4.9 per cent in May 2026 over May 2025 and its cumulative index declined by 4.5 per cent during April to May 2026-27 over corresponding period of the previous year. Petroleum Refinery production having 28.04% weight declined by 8.7 per cent in May 2026 over May 2025 and its cumulative index declined by 4.7 per cent during April to May 2026-27 over corresponding period of the previous year.
The CNX Nifty is currently trading at 24110.20, up by 7.30 points or 0.03% after trading in a range of 24040.05 and 24135.50. There were 27 stocks advancing against 23 stocks declining on the index.
The top gainers on Nifty were Cipla up by 2.47%, Dr. Reddy's Lab up by 1.76%, Sun Pharma Inds. up by 1.40%, Apollo Hospital Ent. up by 0.91% and Shriram Finance up by 0.86%. On the flip side, Infosys down by 2.93%, Hindalco down by 2.60%, TCS down by 2.17%, Tech Mahindra down by 1.96% and Wipro down by 1.82% were the top losers.
Asian markets were trading mostly in red; Nikkei 225 slipped 1388.96 points or 1.92% to 70,965.00, Taiwan Weighted lost 360.3 points or 0.75% to 47,381.21, Jakarta Composite plunged 80.73 points or 1.32% to 6,035.96, Shanghai Composite weakened 26.8 points or 0.64% to 4,136.30, KOSPI dropped 624.83 points or 6.86% to 8,489.72 and Hang Seng declined 331.52 points or 1.39% to 23,437.00.
On the flip side, Straits Times rose 12.98 points or 0.25% to 5,216.99.
