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Key gauges trade marginally in green in morning deals
May-29-2026

Indian equity benchmarks were trading marginally in green in morning deals, following a decline in crude oil prices on reports that the US and Iran reached an understanding to extend the ceasefire for another 60 days. Buying in IT, Realty and TECK stocks and a positive trend in global markets also added to the optimism. Traders took support with Commerce and Industry Minister Piyush Goyal’s statement that India and Canada have decided to prioritize low-hanging fruit, work on areas of convergence and avoid seeking concessions in sensitive sectors in the negotiations for the Comprehensive Economic Partnership Agreement (CEPA). Some support also came with the report stated that the US team is visiting India from June 1-4 to finalise the details of the interim trade pact and take forward negotiations under the broader bilateral trade agreement on various areas such as market access, non-tariff measures, and customs facilitation. On the global front, Asian markets were trading mostly in green, as traders remained cautiously optimistic for an end to the Middle East war amid reports the U.S. and Iran reached a tentative 60-day ceasefire extension deal and agreed to resume negotiations over Tehran's nuclear program.

The BSE Sensex is currently trading at 75991.63, up by 123.83 points or 0.16% after trading in a range of 75817.50 and 76220.02. There were 15 stocks advancing against 15 stocks declining on the index.

The top gaining sectoral indices on the BSE were IT up by 2.46%, Realty up by 1.48%, TECK up by 1.40%, Bankex up by 0.48% and Telecom up by 0.37%, while Metal down by 0.83%, Capital Goods down by 0.68%, Basic Materials down by 0.47%, FMCG down by 0.42% and Oil & Gas down by 0.37% were the top losing indices on BSE.

The top gainers on the Sensex were Infosys up by 3.87%, HCL Technologies up by 2.09%, Trent up by 1.56%, Tech Mahindra up by 1.53% and TCS up by 1.49%. On the flip side, Interglobe Aviation down by 1.37%, Power Grid Corporation down by 1.15%, Bharat Electronics down by 1.12%, Bharti Airtel down by 1.07% and Tata Steel down by 1.05% were the top losers.

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India and Canada have decided to prioritize low-hanging fruit, work on areas of convergence and avoid seeking concessions in sensitive sectors in the negotiations for the Comprehensive Economic Partnership Agreement (CEPA). Goyal concluded a highly productive and landmark three-day visit to Canada on May 28, 2026. During his visit, he met government representatives, businesses, investment companies, pension funds, and insurance companies.

The two countries are currently conducting the third round of negotiations in Ottawa, aiming to conclude the CEPA negotiations by year-end. The two sides have set a target to increase bilateral trade from the current $17 billion to $50 billion by 2030. In such pacts, two trading partners significantly reduce and eliminate import duties on the maximum number of goods traded between them. Besides, they also ease norms to promote trade in services and boost investments.

Seeking investment from Canadian firms, the minister said India is known for protecting intellectual property. He said India has firmly established itself as the third-largest startup ecosystem in the world, with about 2.3 lakh entities registered as startups. He said the digital public infrastructure is another area where India has demonstrated tremendous capabilities to the world, as well as offered itself and these technologies for wider public good across the world. He added that vast potential for bilateral cooperation is there in sectors such as artificial intelligence (AI), cleantech, agritech, and deep tech. 

The CNX Nifty is currently trading at 23911.65, up by 4.50 points or 0.02% after trading in a range of 23871.10 and 24002.80. There were 16 stocks advancing against 34 stocks declining on the index.

The top gainers on Nifty were Infosys up by 3.85%, Wipro up by 2.29%, HCL Technologies up by 1.99%, Coal India up by 1.67% and Trent up by 1.41%. On the flip side, Bajaj Auto down by 1.89%, Eicher Motors down by 1.83%, Interglobe Aviation down by 1.79%, Max Healthcare down by 1.60% and SBI Life Insurance down by 1.47% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 1691.88 points or 2.62% to 66,385.00, Taiwan Weighted added 1247.92 points or 2.86% to 44,884.36, Jakarta Composite gained 87.69 points or 1.41% to 6,217.88, KOSPI increased 252.43 points or 3.08% to 8,437.72, Hang Seng advanced 221.84 points or 0.89% to 25,228.00 and Straits Times rose 45.93 points or 0.92% to 5,035.12.

On the flip side, Shanghai Composite weakened 12.08 points or 0.29% to 4,086.56. 
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