Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.
Indian equity benchmark indices, Sensex and Nifty50, extended gains as IT, realty, pharma, and healthcare stocks supported.
At the closing bell, the BSE Sensex closed 261 points higher (up 0.7%)
Meanwhile, the NSE Nifty closed 95 points higher (up 0.3%)
Bharti Airtel, Sun Pharma, and HCL Tech were the top gainers today.
SBI, Axis Bank, and Kotak Mahindra, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 24,343, 85 points higher at the time of writing.
The BSE 150 Midcap index is trading 0.2% lower, and the BSE 250 SmallCap index is trading 0.1% higher.
Sectoral indices were trading mixed today, with the power sector and auto sector witnessing selling pressure. Meanwhile, stocks in the realty sector and IT sector witnessed buying.
The rupee is trading at Rs 95.2 against the US$.
Gold prices for the latest contract on MCX are trading 1.3% higher at Rs 1,47,748 per 10 grams.
Meanwhile, silver prices were trading 2% higher at 2,37,973 per 1 kg.
HCLTech Bags Major Global Technology Deal
Shares of HCLTech came into focus the company announced a strategic partnership with a Europe headquartered Fortune Global 50 Company to establish an Artificial Intelligence (AI)-driven operating model for transforming and managing the client's Global Digital Workplace and Enterprise Networks.
HCLTech has signed a strategic agreement worth an estimated US$1.14 billion with a Europe-based Fortune Global 50 company to build and manage an AI-driven operating model for its global digital workplace and enterprise network.
The contract will run from July 2026 to December 2031, with an option to extend it for another five years.
HCLTech said the deal represents entirely new business for the company and is expected to strengthen its presence in AI-led digital transformation services.
Union Bank Q1 Business Update
Shares of Union Bank came into focus after the state-run bank reported its June quarter business update.
Union Bank of India reported a 12.5% year-on-year (YoY) growth in total gross advances to Rs 9,740 bn for the quarter ended June 2026.
However, gross advances were lower than the bank's provisional figure of Rs 10,960 bn, according to its exchange filing.
Domestic advances increased 13.11% YoY to Rs 9,380 bn, compared with the provisional estimate of Rs 10,610 bn.
Meanwhile, domestic CASA deposits grew 11.7% YoY to Rs 4,030 bn.
Bajaj Housing Finance Q1 Business Update
Shares of Bajaj Housing Finance came into focus after the company reported a strong business update for the June quarter of FY27 (Q1FY27).
Bajaj Housing Finance reported gross disbursements of Rs 195 bn for the quarter ended June 2026, compared with Rs 146.51 bn in Q1FY26 and Rs 175.06 bn in Q4FY26.
The company's assets under management (AUM) increased 24% year-on-year to around Rs 1,496.10 bn, up from Rs 1,204.20 bn in the same quarter last year.
Its loan assets also grew, rising to Rs 1,311.50 bn at the end of the June quarter from Rs 1,059.54 bn a year earlier.
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