The Indian market ended Tuesday's choppy session modestly higher, shrugging off weak global cues. Capital goods, IT and metal stocks led the gainers, while realty, healthcare, banking and auto stocks came under selling pressure, limiting the upside.
The 30-share BSE Sensex ended off the day's high at 18,645, up about 85 points or half a percent, while the broader Nifty rose by 27 points or 0.5% to 5,604. In the broader market, gaining shares outpaced declining ones by 1664 to 1280 on the BSE.
Among individual stocks, ACC (up 6.67%), Larsen & Toubro (up 2.33%), TCS (up 1.89%), Jaiprakash Associates (up 1.67%) and Jindal Steel (up 1.67%) were among the top gainers.
On the flip side, Hindustan Unilever, SBI, HDFC Bank, Tata Power, Mahindra & Mahindra, BHEL, DLF, HDFC, ICICI Bank, Reliance Infratel and Bharti Airtel ended in the red with modest losses.
Cement stocks rallied fueled by reports that manufacturers have hiked prices by up to Rs 40 per 50-kg bag in South India. Ambuja Cements climbed 7.51%, India Cement soared 9.34% and Madras Cements jumped over 14%.
Telecom operator Idea Cellular rallied 3.21% on reports of a stake sale to UAE-based Etisalat. Power transmission contractor KEC International rose 1.35% after it signed a pact to buy U.S.-based SAE Towers Holdings for $95 million.
JSW Steel added 2% after it reported a modest 3% rise in crude steel production for August. Shree Renuka Sugars rallied nearly 4% on reports that it may set up an integrated sugar-cum-ethanol plant in Maharashtra. Gujarat NRE Coke climbed 7.80% after it convened a board meet on September 10 to consider a fund-raising proposal.
Kansai Nerolac rose 1.23% after it revealed its expansion plans. Man Industries advanced 1.25% on winning new orders worth Rs 1200 crore from various international and domestic customers. NHPC slipped 0.16% on becoming ex-dividend.
Elsewhere, the MSCI Asia Pacific index snapped a four-day winning streak on Tuesday, as news of a stimulus proposed by U.S. President Barack Obama to help boost economic growth was overshadowed by a stronger yen and declines in oil prices.
In the absence of Wall Street cues and amid fresh concerns over the European banking sector, European stocks retreated from a four-week high, led by banks, the euro weakened and the U.S. index futures pointed to a lower open on Tuesday after yesterday's Labor Day holiday.
Japan's central bank on Tuesday kept its overnight call rate unchanged at 0.1% and pledged to take policy actions in a timely and appropriated manner, if needed.
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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.