After opening on a lower note, Indian benchmark indices pared some gains as the session progressed, ending the day marginally lower.

The BSE and the NSE benchmark indices pared early losses amid concerns over US President Donald Trump's fresh tariffs on steel imports.

At the closing bell, the BSE Sensex  closed lower by 77 points (down 0.%)

Meanwhile, the NSE Nifty closed points 34 lower (down 0.1%)

Adani Port, M&M, Power Grid Corp among the top gainers today

Tech Mahindra, Tata Steel, and Tata Motors, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,780, lower by 57 points at the time of writing.

The BSE MidCap index ended 0.6% higher, and the BSE SmallCap index ended 0.4% higher.

Sectoral indices were trading mixed today, with stocks in the realty sector and the power sector witnessing buying. Meanwhile, stocks in the metal sector and the IT sector are witnessing selling pressure.

The rupee is trading at Rs 85.4 against the US$.

Gold prices for the latest contract on MCX are trading 1.3% higher at Rs 97,163 per 10 grams.

Meanwhile, silver prices were trading 0.9% higher at Rs 97,863 per 1 kg.
 

Tata Motors Shares Plummet on Weakness

In the news from auto sector, shares of Tata Motors dropped 2% after its May vehicle sales dropped 8.6% due to weak domestic demand, selling 70,187 units compared to 76,766 units last year.

Tata Motor's domestic sales dropped 10% to 67,429 units, while commercial vehicles sales fell 5% to 28,147 units due to weak demand and moderation in freight movement.

Domestic sales of medium and heavy commercial vehicles (trucks and buses) were 12,406 units, down from 12,987 units last year. However, total sales including export rose slightly to 13,614 units from 13,532 units.

The sales figure include contribution from Tata Motors's subsidiaries namely Tata Motor Passenger Vehicle Limited and Tata Passenger Electric Mobility Limited.

Tata Motors net profit fell 51% in Q4FY25. The company's revenue rose slightly to Rs 1.2 bn.

Jaguar Land Rover (JLR) sales rose 1.1% in the quarter, driven by strong demand for profitable SUVs in North America and Europe.

Tata Motor is a global automaker with a diverse portfolio of vehicles, operating in several countries through its subsidiaries like Jaguar land Rover and Tata Daewoo.

Coffee Day Narrow loss, Boost Revenue

Moving on to the news from hotels sector, Cafe Coffee Day reported narrowed net loss to Rs 1.1 bn in Q4FY25, from 2.9 bn in the same quarter last year.

Revenue rose 7% to Rs2.7 bn from 2.5 bn in the same period last year.

Total expense rose 24% to Rs 3.1 bn, while total income increased 8.4% to Rs 2.8 bn.

Coffee Day net loss narrowed to Rs 1.4 bn in FY25, from 3.1 bn in FY24.

Coffee Day is a diversified company operating in various sectors, including coffee, logistics, financial services, office leasing, hospitality and investments.
 

Puravanakara Announces Q4 Results.

Moving on to the news from real estate sector, shares of Puravankara declined after the company announced its Q4 Results, with net losses widening sharply.

The company's revenue from operations dropped by 40.4% to Rs 5.6 billion (bn) compared to Rs 9.4 bn in the same period previous year.

Inventory surged Rs 4.3 bn in Q4FY25 from Rs4.5 bn the previous year. Land purchase cost doubled to Rs 1.9 bn and subcontract rose to Rs 4.2 bn from 3.9 bn, leading to negative income.

In Q4FY25, Puravankara's pre-sales reached to Rs 12.8 bn, driven by 1.4 million feet sold and collections of Rs 9.6 bn.

In FY25, the company achieved pre-sales of Rs 50.6 bn. Selling 5.7 million square feet at Rs 8,330 per square foot, with collections reaching Rs 39.3 bn, a 9% growth from the previous year.

Consolidated net loss widened to Rs 8.8 bn in Q4FY25 from Rs 0.6 bn in the same period last year.

For FY25, total revenue was ERs 20.9 bn, with operating cash flow rising 10% to Rs 43.4 bn. The company reported a net loss of Rs 1.8 bn in FY25, compared to a net profit of Rs 0.4 bn in FY24. Inventory surged to Rs 19.4 bn, up from Rs 5.9 bn in FY24.

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