Although the benchmark indices opened flat, they traded steadily throughout the session and ultimately closed green.

Indian equity benchmarks, Sensex and Nifty, settled higher after the Reserve Bank of India (RBI) Governor, Sanjay Malhotra, led the Monetary Policy Committee (MPC) to slash the repo rate by 25 basis points to 5.25%.

At the closing bell, the BSE Sensex closed higher by 447 points (up 0.5%).

Meanwhile, the NSE Nifty closed 152 points higher (up 0.5%).

SBI, Bajaj Finance, and HCL Tech are among the top gainers today.

HUL, Eternal, and Sun Pharma, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  26,335, higher at the time of writing.

The BSE MidCap index ended 0.2% higher, and the BSE SmallCap index ended 0.6% lower.

Sectoral indices are trading mixed today, with stocks in the metal sector and media sector witnessing buying. Meanwhile, stocks in services and healthcare witnessed selling pressure.

The rupee is trading at Rs 89.9 against the US$.

Gold prices for the latest contract on MCX are trading 0.4% higher at Rs 130,617 per grams.

Meanwhile, silver prices were trading 2.1% higher at Rs 182,003 per 1 kg.

HCL Tech Powering Scalable AI-Driven Data Transformation

In the news from IT sector, shares HCL Tech surged 2% after the company announced a strategic partnership with Strategy, the world's largest independent publicly listed enterprise analytics firm (formerly MicroStrategy).

The collaboration aims to accelerate global adoption of Strategy Mosaic, the company's AI-powered universal semantic layer for enterprise analytics. Under the partnership, Strategy has named HCLTech as a preferred enterprise solutions and professional services partner.

HCL Tech will integrate its consulting expertise and AI-driven technology capabilities with Strategy's engineering strengths to help global clients deploy Strategy Mosaic across complex, multicloud environments. The partnership aligns the professional services teams of both companies to deliver seamless, scalable, and efficient analytics implementations for organizations operating in data-intensive ecosystems.
 

Deepak Nitrite Launches New Gujarat Nitric Plant

Moving on to the news from chemical sector, Leading chemicals manufacturer Deepak Nitrite Ltd announced that its wholly owned subsidiary Deepak Chem Tech Ltd has begun commercial operations at its new nitric acid plant in Nandesari, Vadodara, Gujarat.

The facility, which became operational, has been established with a capital investment of Rs 5.1 billion (bn).

The company stated that the commissioning of this plant enhances the group's backward and forward integration, bolstering supply security for critical intermediates and improving resilience across its chemical value chain.

The new nitric acid facility is also expected to support greater penetration into high-value applications, reinforcing Deepak Nitrite's strategic growth plans.
 

ZEN Technologies Bags Major Defense Contract

Moving on to the news from defense sector, shares of Zen Technologies surged after announcing that it has secured Rs 1.2 bn in orders from the Ministry of Defense (MoD), Government of India.

According to a regulatory filing, the order involves the supply of a Comprehensive Training Node (CTN), which includes a range of advanced training simulators and supporting equipment. The project is expected to be completed within one year.

ZEN Technologies, known for its defense training and anti-drone solutions, develops systems that enhance defense preparedness and evaluate combat readiness of security forces.

With a dedicated R&D center in Hyderabad, recognized by the Ministry of Science and Technology, the company has filed over 180 patents and delivered more than 1,000 training systems globally.

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