Sensex Today Rallies 541 Points; Nifty Above 24,000

Asian markets traded mixed on Thursday amid renewed US-Iran tensions and higher crude oil prices.

US stock market ended mixed on Wednesday after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," sending crude oil prices sharply higher.

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

Source: Equitymaster

At present, the BSE Sensex is trading 541 points higher, and the NSE Nifty is trading 165 points higher.

Sun Pharma, Bharti Airtel, and Asian Paints are among the top gainers today.

HCL Tech, Infosys, and TCS, on the other hand, are among the top losers today.

The BSE 150 Midcap index is trading 1.1% higher, and the BSE 250 SmallCap index is trading 1.4% higher.

Barring the metal sector and IT sector, all other sectoral indices are trading positive today, with stocks in the realty sector and telecommunication sector witnessing buying.

The rupee is trading at Rs 95.5 against the US dollar.

Tata Steel Reports Strong Q1FY27 Performance

Tata Steel reported a strong start to FY27, with crude steel production in India rising 11% year-on-year to 5.82 million tonnes in the first quarter. Domestic steel deliveries also increased 11% to 5.17 million tonnes, supported by higher production at its Jamshedpur and Kalinganagar plants.

The company's Automotive & Special Products business recorded its highest-ever first-quarter sales of around 0.9 million tonnes, helped by a 20% rise in high-end steel products.

Its Branded Products & Retail business also posted a record first quarter, with sales of around 1.7 million tonnes. Tata Tiscon volumes grew 33% year-on-year, while Tata Steelium recorded 41% growth.

The Industrial Products & Projects segment sold around 1.6 million tonnes, driven by demand from sectors such as shipbuilding, containers and data centres. The company's Tubes and Tinplate businesses also achieved their highest-ever first-quarter sales.

Sales through Tata Steel's digital platforms, Tata Steel Aashiyana and DigECA, rose 61% year-on-year to ?2,200 crore.

In Europe, Tata Steel Netherlands produced around 1.55 million tonnes of liquid steel and delivered 1.40 million tonnes during the quarter. Operations were partly affected by the temporary shutdown of its Direct Sheet Plant, though trial runs for restarting the facility are underway.

Tata Steel UK delivered 0.48 million tonnes during the quarter while continuing work on its new 3 MTPA electric arc furnace at Port Talbot.

Tata Steel Thailand reported saleable steel production and deliveries of 0.33 million tonnes during the quarter.

SML Mahindra Reports Strong June Sales

SML Mahindra reported commercial vehicle (CV) sales of 1,896 units in June 2026, up 4.92% from 1,807 units sold in the corresponding month last year.

The company's commercial vehicle production rose 2.65% year-on-year to 1,587 units during the month, compared with 1,546 units in June 2025.

However, exports declined 46.87% year-on-year to 34 units in June 2026, down from 64 units in the same period last year.

SML Mahindra, formerly known as SML Isuzu, is engaged in the manufacturing and sale of commercial vehicles and automotive components.

JSW Energy Expands Renewable Capacity Significantly

JSW Energy has commissioned 1,081 MW of renewable energy capacity since April 2026, increasing its total installed power generation capacity to 14,535 MW.

The newly added capacity includes 442 MW of solar, 108 MW of wind, 381 MW of hybrid, and 150 MW of hydropower.

The company also started operations at its wind blade manufacturing plant in Halol, Gujarat, in June 2026. The facility can produce 450 blades annually, enough to support around 600 MW of wind power projects each year.

With the latest addition, renewable energy now accounts for 61% of JSW Energy's total installed capacity. The company's renewable portfolio includes 3,764 MW of wind, 2,500 MW of solar, 832 MW of hybrid, and 1,781 MW of hydropower, while its thermal power capacity stands at 5,658 MW.

JSW Energy currently has a total locked-in generation capacity of 32.1 GW, including 14.53 GW in operation, 13 GW under construction, and a pipeline of 4.6 GW. The company said it remains on track to add 3 GW of renewable capacity during FY2027.

Looking ahead, JSW Energy aims to achieve 30 GW of power generation capacity and 40 GWh of energy storage capacity by 2030, with a long-term goal of becoming carbon neutral by 2050.