Sensex Today Rallies 1,035 Points; Nifty Above 23,900

Asian markets traded higher on Monday, after the US-Iran peace deal.

US stock market ended higher on Friday on hopes for a peace deal between Iran and the United States and as SpaceX shares surged in their debut.

Here's a table showing how US stocks performed on Friday:

Source: Equitymaster

At present, the BSE Sensex is trading 1,035 points lower, and the NSE Nifty is trading 381 points lower.

Bajaj Finance, Trent, and Asian Paints are among the top gainers today.

Sun Pharma, on the other hand, is among the top losers today.

The BSE 150 Midcap index is trading 1.4% higher, and the BSE 250 SmallCap index is trading 1.5% higher.

Baring healthcare sector, all other sectoral indices are trading positively today, with stocks in the auto sector and power sector witnessing buying.

The rupee is trading at Rs 94.6 against the US dollar.

NLC India Achieves Major Power Capacity Boost

NLC India Limited has achieved a major milestone with the successful commercial operation of Unit-3 (660 MW) at the Ghatampur Thermal Power Project in Uttar Pradesh, effective June 13, 2026.

With this development, all three units of the 3×660 MW Ghatampur Thermal Power Station are now fully operational, marking the complete commissioning of the project.

The project, developed through Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture between NLC India (51%) and UPRVUNL (49%), will help strengthen power supply in Uttar Pradesh and support India's growing energy demand.

Following the commissioning of Unit-3, NLC India's total installed power generation capacity has increased from 7,745 MW to 8,405 MW.

Ashoka Buildcon Wins Raipur Gems Park Project

Ashoka Buildcon has secured the development rights for a Gems & Jewellery Park in Raipur, Chhattisgarh, from Chhattisgarh State Industrial Development Corporation Limited (CSIDC).

The project will be developed on a Public-Private Partnership (PPP) basis over a land area of approximately 38,922 square metres.

Under the agreement, Ashoka Buildcon will develop the project infrastructure, with a construction period of 5 years. The lease tenure is 30 years, with a provision for extension up to 90 years.

The company will pay a premium of Rs 1.12 billion (bn) for the project, along with annual lease rentals linked to the agreement terms.

This project strengthens Ashoka Buildcon's presence in urban infrastructure and real estate development through the PPP model.

JSW Energy Expands Thermal Power Portfolio

JSW Energy has signed an agreement to acquire 100% stake in Maruti Clean Coal & Power (MCCPL) from Kolahai Infotech and SFI Parcel Services.

Once the deal is completed and approvals are received, MCCPL will become a fully owned subsidiary of JSW Energy.

MCCPL operates a 300 MW thermal power plant located in Korba, Chhattisgarh. A major part of its capacity (195 MW) is tied up under a long-term power purchase agreement with Rajasthan discoms, with about 14 years of contract remaining. Another portion supplies power to Chhattisgarh discom at variable cost, while the remaining capacity is sold in the open market.

The plant has secured coal supply through long-term agreements under the SHAKTI scheme, ensuring fuel availability.

The deal values MCCPL at around ?1,410 crore, subject to final adjustments. The plant's location near JSW Energy's existing assets is expected to help improve operational efficiency and reduce costs.

After this acquisition, JSW Energy will further strengthen its thermal power portfolio, taking its total installed and locked-in thermal capacity to higher levels.