Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.
Indian equity benchmarks, Sensex and Nifty50, rose on fag-end buying, with PSU bank, financial, and auto stocks providing support. Risk sentiment also improved as US President Donald Trump said that peace talks are on with Iran after Tehran and Israel stopped exchanging strikes.
At the closing bell, the BSE Sensex closed points 395 higher (up 0.5%)
Meanwhile, the NSE Nifty closed 119 points higher (up 0.5%)
Bharti Airtel, Bharat Elec, and Tech Mahindra were the top gainers today.
NTPC, Tech Mahindra, and Bharti Airtel, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 23,286 with 113 points higher at the time of writing.
The BSE 150 Midcap index is trading 1.2% higher, and the BSE 250 SmallCap index is trading 1.3% higher.
Barring the IT sector and the utilities sector, all other sectoral indices were trading positively today, with the banking sector and realty sector witnessing buying.
The rupee is trading at Rs 95.6 against the US$.
Gold prices for the latest contract on MCX are trading 1.3% lower at Rs 1,53,535 per 10 grams.
Meanwhile, silver prices were trading 2.5% lower at 2,42,200 per 1 kg.
Fino Payments Gains on Business Update
Shares of Fino Payments Bank came into focus after the company released its May business update.
Fino Payments Bank reported a strong business update for May 2026, with growth across deposits, customers, and loan referrals.
The bank opened around 0.29 million new deposit accounts, up 29% YoY, while average deposits rose 10% YoY to Rs 27.6 bn. Digitally active customers increased 19% YoY to 6.26 million, and FinoPay active users grew 22% YoY to 0.72 million.
A key highlight was the loan referral business, where disbursals surged to Rs 2.1 bn, nearly three times higher than Rs 0.73 bn reported in May 2025.
However, transaction throughput declined 48% YoY to Rs 25.5 bn, mainly due to the ongoing shift from cash transactions to UPI payments and the bank's focus on higher-quality merchants.
The bank is also strengthening its lending ecosystem and technology infrastructure as it progresses toward its long-term goal of becoming a Small Finance Bank (SFB).
Marsons Gains on West Bengal Order
Shares of Marsons came into focus after the company received an order from West Bengal State Electricity Transmission Company for the repairing, inspection, and testing of 50 MVA, 132/33 KV power transformers, including transportation to and fro.
Marsons has secured a Rs 94.8 million order from a utility company in West Bengal. The project is expected to be completed within 6 to 12 months.
Marsons is a Kolkata-based transformer manufacturer with more than 60 years of experience. It is the only company in Eastern and North-Eastern India that manufactures extra-high voltage (EHV) transformers, which are used in large power transmission projects.
Over the years, the company has expanded its product range from distribution transformers to high-voltage and EHV transformers that help connect major power plants to the national electricity grid.
Marsons is well positioned to benefit from growing investments in India's power sector, including transmission network expansion, grid modernisation, and renewable energy integration, all of which are increasing demand for high-capacity transformers.
JNK India Jumps After Emirates Order
Shares of JNK India came into focus following a large order win from Cc7 Emirates
The contract involves the design, engineering, manufacturing, procurement, and supply of a waste gas handling system, including an incinerator package, for the TA'ZIZ Salt Project of ADNOC in Abu Dhabi.
JNK India will also provide support for installation, commissioning, and performance testing of the project.
JNK India classifies contracts valued between Rs 1 billion and Rs 50 billion as large orders.
The order is scheduled to be completed by December 2027.
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