The Indian market ended a lackluster session flat with a positive bias on Tuesday, as investors evinced little interest in buying stocks after a rally in the previous session.
After moving in a narrow range of 18,167- 18,072, the 30-share Sensex finally ended up 34 points or 0.19% at 18,115, with 14 of its components ending higher. Selective buying was seen in banking, oil/gas, healthcare, public sector and metal stocks, while FMCG, capital goods and IT stocks came under selling pressure.
The 50-share S&P Nifty rose by 8 points or 0.15% to 5,440 and the BSE mid-cap and small-cap indexes gained about 0.3% each. In the broader market, 1505 shares advanced, while 1430 declined and 120 others closed unchanged.
Banking stocks continued to remain in focus on the back of strong quarterly numbers reported over the weekend. ICICI Bank advanced 2.38%, extending its previous session's 4% rally. Axis Bank, Yes Bank, Canara Bank, Bank of Baroda, IDBI Bank and Kotak Mahindra Bank rose between 0.56% and 2.23%.
SBI gained 0.85% after the Lok Sabha cleared the SBI (Amendment) Bill, 2010, which will allow the government to reduce its stake in the state-run bank to 51 percent.
IT stocks closed subdued after the Indian rupee rose to a fresh one-month high in early trading Tuesday on the back of firm Asian currencies and stocks. Bellwether Infosys slipped 0.54%, TCS fell 0.65% and Wipro eased 0.34%.
Adani Enterprises rose over 2% after it agreed to buy a coal asset from Australia's Linc Energy for $456 million. Strides Arcolab gained 1.71% after it received the UK health regulator's ' Good Manufacture Practice' certification for its Carbapenems manufacturing facility at Campos, Brazil.
Hindalco Industries edged up 0.64% after delivering forecast-beating quarterly earnings. In the auto sector, Hero Honda Motors gained 1.79% after reporting a 17% rise in July vehicle sales. Maruti Suzuki added 0.36% after announcing a price hike.
Oriental Hotels soared nearly 7% after the company sought shareholder approval to split its existing equity shares. Telecom giant Bharti Airtel advanced 3.35% to close near the day's high.
Nitco tumbled around 5% on disappointing results. Ambuja Cements, which posted a modest 2% decline in its July cement dispatches, ended down 1.35%. Swaraj Engines eased a little over a percent after it reported a modest rise in its June-quarter net profit. Recently listed Aster Silicates (down 20%) and Emami Infrastructure (down 10%) ended deep in the red.
ADAG stocks fell after market regulator SEBI sought replies from top executives of the group companies in a case related to ECB transactions entered into by Reliance Natural Resources (down 3.30%) and Reliance Infrastructure (up 0.31%). Reliance Capital shed 0.69%, Reliance Power declined 2.50% and Reliance MediaWorks gave off 1.33%.
Elsewhere, most Asian stocks rose on Tuesday, lifting the MSCI Asia Pacific Index up by about 0.8 percent to a three-month high, after robust results from some European banks like HSBC and BNP Paribas and a string of upbeat economic reports from the U.S. and Europe eased investor concern about global economic growth.
However, European stocks retreated from a three- month high, dragged down by banks and miners, and the U.S. index futures dropped, as investors awaited more U.S. data on June personal consumption, factory orders and pending home sales due later in the day to assess the strength of economic recovery in the world's largest economy.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.