Sensex Today Ends Flat; Adani Power Zooms 6%

After opening on a flat note, Indian benchmark indices continued their trading throughout the session, ending the session flat.

The BSE and the NSE benchmark indices settled on a flat note on Tuesday amid profit booking bank stocks, investors watching progress on US-China trade talks, and mixed global cues.

At the closing bell, the BSE Sensex  closed lower by 53 points (up 0.1%)

Meanwhile, the NSE Nifty closed 1 point higher.

Tech Mahindra, Tata Motors, and Infosys are among the top gainers today

Asian Paints, Maruti Suzuki, and Bajaj Finance, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,156, lower by 25 points at the time of writing.

The BSE MidCap index ended 0.1% higher, and the BSE SmallCap index ended 0.3% higher.

Sectoral indices are trading mixed today, with stocks in the realty sector and the telecommunication sector witnessing selling pressure. Meanwhile, stocks in IT sector and the media sector witness buying.

The rupee is trading at Rs 85.5 against the US$.

Gold prices for the latest contract on MCX are trading 0.2% lower at Rs 97,021 per 10 grams.

Meanwhile, silver prices were trading 0.2% lower at Rs 1,06,929 per 1 kg.
 

Zee Entertainment Bets on Micro-Dramas.

In the news from media sector, shares of Zee Entertainment's rose over 6% on 10 June 2025 after the company announced a strategic partnership with startup bullet to launch India's first micro-drama app.

Zee Entertainment will acquire a stake in Bullet, but the invest amount and stake value remain undisclosed.

Micro-dramas are short, bite-sized videos that fit the mobile viewing habits of younger audiences, offering creator-driven storytelling in a compact format.

Buller will be launched on Zee5, making it accessible to a wide audience across India in multiple languages.

The acquisition fits Zee Entertainment's gaol to become a leading content and technology company.

Zee Entertainment Q4 net profit surged to Rs 1.8 billion (bn) from Rs 0.1 bn a year ago. Revenue edged up 0.6% to Rs 21.8 bn, while EBITDA jumped 42% to Rs 2.9 bn.
 

Protean eGov Wins Big Insurance Deal

Moving on to the news from finance sector, Protean eGov Technologies has secured a significant contract worth Rs 1 bn from Bima Sugam Indian Federation.

Protean eGov will provide technology solutions for Bima Sugam Marketplace, handling development, implementation, support and maintenance, including platform integrations.

The contract is set to be completed within 6-years from the date it takes effect.

Protean eGov Technologies founded in 1995, develops e-governance solutions for citizens, previously known as NSDL e-Governance Infrastructure Ltd.
 

Reliance Power Shares Surge 12%

Moving on to the news from power sector, shares of Reliance Power jumped on Tuesday, to hit Rs 70-mark, last reaching this mark in November 2014.

Reliance Power share rose due to project wins, court ruling, equity infusion and profit in Q4. The share gained 45.5% in May and 20% in the past week, with 175% surge in the last year.

Its subsidiary signed a 25-year power deal for a massive solar project. This news helped the surge making Reliance Power one of the top-performing power stocks in the market.

The company reported net profit of Rs 1.3 bn in Q4FY25, compared to a loss of Rs 3.9 bn in the same quarter last year. Revenue was Rs 19.8 bn, slightly down from Rs 11.9 bn.

Reliance Power signed a term sheet for a long-term power supply deal with Green Digital Private, owned by Bhutan's Royal Government investment arm, in May 2025.

Reliance Power develops, construct and operates power projects in India and globally, with a large portfolio of operational and upcoming power generation capacity through its subsidiaries.

Reliance Power Share Price

Food Delivery Shares Hit by Rapido

Moving on to the news from E-commerce sector, shares of Swiggy & Zomato fell for the second day dur to rumours that ride-hailing company Rapido might enter the food delivery market with lower commission fees.

Swiggy and Zomato shares dropped after reports emerged that Rapido is testing a food delivery services in Bengaluru, charging restaurants a flat commission of Rs 20-25 per order 8-15% commission. This is notably lower than Swiggy and Zomato's commission rates of 15-30%.

Rapido's potential entry into food delivery comes amid growing complaints about Swiggy and Zomato's high fees, which has sparked discontent among customers and restaurants.

Zomato is introducing a long-distance fee for deliveries over 4 km. Restaurant will pay extra Rs 20 for delivery between 4-6 km and Rs 40 for delivery beyond 6 km for orders above 150.


More By This Author:

Sensex Today Trades Flat; Nifty Above 25,100
Sensex Today Ends 256 Points; Nifty Above 25,100
Sensex Today Trades Higher; MCX & IEX Rally 4%

Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with