Domestic equity indices continued to witness losses and were trading lower by over a quarter per cent in late morning deals, due to selling pressure in shares of HDFC Bank, Maruti Suzuki India, TCS, and Infosys. Traders were cautious amid ongoing tensions in the Middle East. Market participants overlooked the government’s latest data, which showed that growth in India’s core industrial sector activity accelerated to 5% in June 2026, the fastest pace in five months. Among BSE sectoral indices, buying interest was witnessed in Basic Materials, Telecom, Realty, Oil & Gas, and Metal, while IT, Healthcare, FMCG, PSU, and TECK faced selling pressure.
On the global front, Asian markets were trading mostly in green despite weak cues from the US markets overnight. Back home, in the stock specific development, Techknowgreen Solutions surged as the company secured a work order worth around Rs 4.10 crore (excluding GST) from Remal Alcast.
The BSE Sensex is currently trading at 77471.58, down by 236.94 points or 0.30% after trading in a range of 77413.40 and 77753.18. There were 14 stocks advancing against 16 stocks declining on the index.
The top gaining sectoral indices on the BSE were Basic Materials up by 0.51%, Telecom up by 0.45%, Realty up by 0.17%, Oil & Gas up by 0.14% and Metal up by 0.11%, while IT down by 0.53%, Healthcare down by 0.32%, FMCG down by 0.24%, PSU down by 0.22% and TECK down by 0.15% were the top losing indices on BSE.
The top gainers on the Sensex were Bajaj Finserv up by 1.32%, Interglobe Aviation up by 1.07%, Tech Mahindra up by 0.88%, Asian Paints up by 0.80% and Ultratech Cement up by 0.67%. On the flip side, HDFC Bank down by 1.29%, Maruti Suzuki India down by 1.13%, TCS down by 1.02%, Infosys down by 0.96% and Tata Steel down by 0.75% were the top losers.
Meanwhile, the Ministry of Commerce & Industry in its latest data has showed that nine key infrastructure sectors’ output growth rose to a five-month high of 5 per cent in June 2026 due to an increase in output of cement, electricity and iron ore. The core sectors' growth was 1.1 per cent in June 2025 and 3.2 per cent in May 2026. During April-June 2026-27, the key sectors expanded by 3.6 per cent as compared to 1.0 per cent in the corresponding period of the previous year. The data has been released with a new base year, 2022-23, replacing the earlier base year of 2011-12. The government has also added iron ore to the index, increasing the number of core sectors to nine.
According to the data, Iron Ore production having 4.90% weight increased by 43.9 per cent in June 2026 over June 2025 and its cumulative index increased by 24.1 per cent during April to June 2026-27 over corresponding period of the previous year. Steel production having 17.58% weight increased by 4.6 per cent in June 2026 over June 2025 and its cumulative index rose by 4.8 per cent during April to June 2026-27 over corresponding period of the previous year.
Electricity generation having 30.93% weight increased by 9.8 per cent in June 2026 over June 2025 and its cumulative index increased by 8.9 per cent during April to June 2026-27 over corresponding period of the previous year. Cement production having 4.41% weight increased by 9.8 per cent in June 2026 over June 2025 and its cumulative index increased by 8.8 per cent during April to June 2026-27 over corresponding period of the previous year. Coal production having 5.59% weight increased by 1.4 per cent in June 2026 over June 2025, while its cumulative index declined by 5.8 per cent during April to June 2026-27 over corresponding period of the previous year.
Crude Oil production having 7.43% weight declined by 4.2 per cent in June 2026 over June 2025 and its cumulative index declined by 3.9 per cent during April to June 2026-27 over corresponding period of the previous year. Fertilizer production having 2.73% weight declined by 3.3 per cent in June 2026 over June 2025 and its cumulative index declined by 4.1 per cent during April to June 2026-27 over corresponding period of the previous year. Natural Gas production having 3.84% weight declined by 7.4 per cent in June 2026 over June 2025 and its cumulative index declined by 5.5 per cent during April to June 2026-27 over corresponding period of the previous year. Petroleum Refinery production having 22.57% weight declined by 4.7 per cent in June 2026 over June 2025 and its cumulative index declined by 4.5 per cent during April to June 2026-27 over corresponding period of the previous year.
The CNX Nifty is currently trading at 24175.15, down by 63.35 points or 0.26% after trading in a range of 24163.75 and 24262.20. There were 21 stocks advancing against 29 stocks declining on the index.
The top gainers on Nifty were Shriram Finance up by 2.67%, Bajaj Finserv up by 1.27%, Interglobe Aviation up by 0.93%, JSW Steel up by 0.91% and Tech Mahindra up by 0.67%. On the flip side, Cipla down by 1.60%, HDFC Bank down by 1.42%, Max Healthcare down by 1.32%, Dr. Reddy's down by 1.19% and TCS down by 1.15% were the top losers.
Asian markets were trading mostly in green; Nikkei 225 surged 1869.88 points or 2.92% to 66,011.00, Taiwan Weighted added 1656.66 points or 3.9% to 44,106.36, Jakarta Composite gained 88.25 points or 1.4% to 6,319.85, Shanghai Composite strengthened 33.55 points or 0.88% to 3,829.83, KOSPI increased 248.08 points or 3.81% to 6,764.35 and Straits Times rose 34.47 points or 0.63% to 5,533.42. However, Hang Seng declined 2.05 points or 0.01% to 25,141.00.
