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Indices maintain gains in late morning deals
Jun-17-2026

Domestic equity indices maintained their gains in late morning deals as market participants indulged in enlarging their positions. Falling crude oil prices supported domestic sentiments. Crude oil prices declined on hopes that a U.S.-Iran deal would allow oil flows through the Strait. Sentiments were further supported by Indian rupee appreciating 16 paise to 94.43 against the dollar at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks. Besides, there were some encouragements in markets as India and Canada have agreed to conclude negotiations on a free trade agreement by the end of 2026. 

On the global front, Asian markets were trading mixed as traders looked ahead to the Federal Reserve’s interest rate decision. Back home, on the BSE sectoral front, traders were seen piling up positions in Consumer Durables, Capital Goods, Industrials, Metal and IT, while selling was witnessed in Realty, Utilities and Healthcare. 

The BSE Sensex is currently trading at 77130.05, up by 321.57 points or 0.42% after trading in a range of 76768.49 and 77176.51. There were 21 stocks advancing against 9 stocks declining on the index.

The top gaining sectoral indices on the BSE were Consumer Durables up by 1.60%, Capital Goods up by 1.22%, Industrials up by 1.04%, Metal up by 0.95% and IT up by 0.78%, while Realty down by 0.44%, Utilities down by 0.43% and Healthcare down by 0.10% were the top losing indices on BSE.

The top gainers on the Sensex were Trent up by 4.69%, Eternal up by 2.58%, Tech Mahindra up by 1.44%, Infosys up by 1.20% and Tata Steel up by 1.15%. On the flip side, Axis Bank down by 0.97%, Bajaj Finserv down by 0.74%, NTPC down by 0.48%, Power Grid down by 0.37% and Adani Ports down by 0.31% were the top losers.

Meanwhile, the Reserve Bank of India (RBI) in its latest data has said that sales of more than 1,800 listed private manufacturing companies expanded by 14.5 per cent in the fourth quarter of 2025-26 (Q4FY26) as compared to 11.4 per cent in the previous quarter, mainly led by automobiles, electrical machinery and non-ferrous metals industries. 

According to it, at the aggregate level, listed private non-financial companies continued to record a double-digit sales growth of 13.9 per cent during the Q4FY26, up from 10.1 per cent in the previous quarter.

Besides, it said that sales growth of Information Technology (IT) companies continued to improve further to 9.9 per cent YoY during Q4 of FY26 from 8.8 per cent in the previous quarter. On the other hand, expansion in sales growth of non-IT services companies improved substantially to 20.3 per cent from the previous quarter, mainly driven by the wholesale and retail trade industry.

The CNX Nifty is currently trading at 24084.55, up by 95.40 points or 0.40% after trading in a range of 23969.70 and 24097.40. There were 34 stocks advancing against 16 stocks declining on the index.

The top gainers on Nifty were Trent up by 4.64%, Eternal up by 2.60%, Tech Mahindra up by 1.45%, HDFC Life up by 1.44% and Hindalco up by 1.41%. On the flip side, Tata MotorsPassenger down by 1.99%, Cipla down by 1.69%, ONGC down by 1.05%, Axis Bank down by 1.05% and Bajaj Finserv down by 0.80% were the top losers.

Asian markets were trading mixed; Nikkei 225 surged 643.5 points or 0.92% to 70,048.00, Shanghai Composite strengthened 0.7 points or 0.02% to 4,092.59, KOSPI increased 135.48 points or 1.53% to 8,862.08 and Straits Times rose 70.75 points or 1.38% to 5,187.61. However, Taiwan Weighted lost 93.13 points or 0.2% to 45,716.06, Jakarta Composite plunged 52.5 points or 0.85% to 6,202.47 and Hang Seng declined 145.95 points or 0.6% to 24,348.00. 
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