Although the benchmark indices opened lower, they traded negatively throughout the session and ultimately closed green.
Indian equity benchmark indices, Sensex and Nifty50, rebounded as realty, consumer durables, and PSU bank stocks supported.
At the closing bell, the BSE Sensex closed 238 points higher (up 0.3%)
Meanwhile, the NSE Nifty closed 80 points higher (up 0.3%)
Infosys, HCL Tech, Tech Mahindra were the top gainers today.
NTPC, Infosys, Trent, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 23,872, 511 points lower at the time of writing.
The BSE 150 Midcap index is trading 1.4% higher, and the BSE 250 SmallCap index is trading 1.6% higher.
Sectoral indices were trading mixed today, with the auto sector and IT sector witnessing selling pressure. Meanwhile, stocks in the realty sector and services sector witnessed buying.
The rupee is trading at Rs 95.6 against the US$.
Gold prices for the latest contract on MCX are trading 1.6% lower at Rs 1,42,948 per 10 grams.
Meanwhile, silver prices were trading 3.1% lower at 2,23,549 per 1 kg.
HFCL Launches New AI Connectivity Solutions
HFCL has launched OptiQ AI as the new brand name for its optical connectivity solutions designed for AI, cloud computing, and hyperscale data centres. The new branding brings together HFCL's existing range of optical fibre cables and accessories under one identity, making it easier for customers to recognize its complete portfolio.
The company said the launch comes as AI-driven data centres require faster, more reliable, and higher-capacity networks to handle growing data traffic. OptiQ AI is designed to meet these needs by offering high-speed optical connectivity, supporting next-generation 800G and 1.6T networks, enabling higher fibre density, reducing deployment time, and improving network reliability.
HFCL's portfolio includes advanced optical fibre cables, patch cords, fibre assemblies, and high-density connectivity solutions that help data centres build faster and more efficient networks for AI and cloud applications.
Tata Group Accelerates Auto Growth Plans
Tata Group is aiming for around $100 billion in automotive revenue by March 2031 as it focuses on expanding its presence across passenger vehicles, commercial vehicles, luxury cars, and auto components.
According to Tata Group Chairman Natarajan Chandrasekaran, Jaguar Land Rover (JLR) is expected to contribute around $45-$50 billion in revenue, while the commercial vehicle business is targeted to generate about $40 billion. The remaining contribution will come from passenger vehicles and auto components.
To achieve these goals, Tata Motors plans to invest heavily in new products, electric vehicles, manufacturing capacity, and technology. The company's domestic business is expected to receive investments of around Rs 4 trillion, while JLR plans to invest about £20 billion over the next five years.
Tata Motors also aims to increase its passenger vehicle market share in India from 14.2% to 20% by March 2031 by launching new models and updating existing ones. The company plans to strengthen its position in the electric vehicle market, where it currently holds a leading position, by expanding its EV portfolio across different price segments.
The growth strategy and large investment plans have increased investor confidence in Tata Motors' long-term prospects.
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