Although the benchmark indices opened flat, they traded negatively throughout the session and ultimately closed green.
Indian equity benchmarks, Sensex and Nifty50, extended gains to the second session, as a rise in PSU bank and healthcare stocks supported. The domestic equities also got support from positive global cues after US President Donald Trump's reciprocal tariffs were ruled illegal by the US Supreme Court.
At the closing bell, the BSE Sensex closed higher by 480 points (up 0.6%).
Meanwhile, the NSE Nifty closed 141 points higher (up 0.5%).
Kotak Mahindra, HUL, and HDFC Bank are among the top gainers today.
Tech Mahindra, Infosys, and Trent, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 25,661, higher by 256 points at the time of writing.
The BSE MidCap index ended 2% higher, and the BSE SmallCap index ended 2.5% higher.
Sectoral indices are trading mixed today, with stocks in the power sector and the banking sector witnessing buying. Meanwhile, stocks in the IT sector and the metal sector witnessed selling pressure.
The rupee is trading at Rs 90 against the US$.
Gold prices for the latest contract on MCX are trading 1.7% higher at Rs 159,550 per gram.
Meanwhile, silver prices were trading 4.7% higher at 2,65,100 per 1 kg.
Highway Infra Secures NHAI Toll Contract
In the news from the infrastructure sector, Highway Infra has been awarded a contract by the National Highways Authority of India (NHAI).
The company has been appointed to operate and collect toll (user fees) at Moti Naroli, Ena, and Gandevi Fee Plazas located on different sections of the Vadodara-Mumbai Expressway in the state of Gujarat.
In addition to toll collection, the company will also be responsible for the upkeep and maintenance of the adjacent toilet facilities, including replenishment of consumable items.
The contract has been awarded by a domestic government authority and is domestic in nature. The total contract value is approximately Rs 1.54 billion (bn), and the work is to be executed within a period of 90 days.
Vedanta Shares Gain on Fundraise Plans
Moving on the news from metal & mining sector, shares of Vedanta came into focus after the company announced a fundraising plan.
In an exchange filing, Vedanta said that a board meeting will be held later this week to consider a proposal to issue non-convertible debentures (NCDs).
Non-Convertible Debentures (NCDs) are fixed-income tools that companies use to collect funds through public offerings. NCDs cannot be changed into shares or stocks since they are a type of debt instrument.
Narayana Hrudayalaya Rises on Land Acquisition
Moving on to the news from healthcare sector, shares of Narayana Hrudayalaya came into focus after the company informed stock exchanges that it has purchased an immovable property in Bengaluru as part of its business expansion plans.
The company stated in a filing that the asset includes approximately 3.3 acres of land, along with buildings and structures totaling around 36,475.96 square meters, situated in the southern part of Bengaluru at Electronic City.
The property is planned to be used for software development, establishing a Global Capability Center (GCC), and supporting the company's business expansion initiatives.
Narayana Hrudayalaya Ltd is engaged in providing economical healthcare services. It has a network of multispecialty and super specialty hospitals spread across multiple locations.
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