The Indian market is lackluster on Tuesday, taking cues from mixed Asian markets amid worries about mounting U.S. and euro-zone debt problems.
Moving choppily in a narrow range, the benchmark 30-share Sensex is currently up 47 points or 0.26 percent at 18,554, while the broader Nifty index is gaining 11 points or 0.2 percent.
The BSE mid-cap and small-cap indexes are rising 0.31 percent and 0.55 percent, respectively. IT, consumer durable, technology, oil/gas and FMCG stocks are among the prominent gainers, while realty and auto stocks are subdued.
NTPC is adding a percent on signing a pact with government of Kerala for setting up a 200-MW wind energy- based power project in the state. TCS is rising 0.3 percent after the software giant said it expects a rise in deal prices in the coming quarters. Infosys is gaining 0.7 percent after it reportedly evinced interest interest in opening an IT centre in Gujarat.
HDFC Bank is down 0.6 percent ahead of its quarterly results today. However, SBI is up 0.2 percent and ICICI Bank is edging up 0.3 percent. Senior bankers on Monday asked the Reserve Bank of India to maintain status quo on interest rates during its monetary policy review scheduled next week.
Larsen & Toubro is moving up 0.4 percent. Its unit L&T Finance announced that it will launch its $392 million initial public offering on July 27. Gemini Communication is climbing over 9 percent after its board approved a share buyback at a price not exceeding Rs.45 per equity share.
ING Vysya Bank is rallying 3.3 percent on reporting a 36 percent rise in quarterly net profit. Godrej Properties is up almost 2 percent after the company entered into a joint venture with Godrej & Boyce Manufacturing Company for developing properties at Thane and Hyderabad.
Ashok Leyland is declining 1.8 percent and Crompton Greaves is down 0.8 percent ahead of their earnings announcements. Kingfisher Airlines is losing 1.3 percent after the airline canceled several flights across the country on Monday as HPCL stopped supply of fuel over non-payment of dues.
Poly Medicure is moving down 0.4 percent despite receiving a government contract worth Rs.12.93-crore. Page Industries is unchanged after it signed a licensing agreement with Speedo International to manufacture, market and distribute the Speedo swimwear brand in India.
The benchmark indexes Sensex and the Nifty ended down about 0.3 percent each on Monday, as domestic concerns over inflation and interest rates and the debt issues in the U.S. and European Union kept investors on the sidelines.
For comments and feedback contact: editorial@rttnews.com
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.