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Key gauges remain in green; RBI keeps repo rate unchanged at 5.25%
Jun-05-2026

Indian equity benchmarks continued to trade in green in morning deals, amid the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, maintaining its neutral policy stance amid rising global uncertainties, geopolitical tensions in West Asia and concerns over inflationary pressures. Traders took some support with the Department for Promotion of Industry and Internal Trade in its data has showed that India’s Foreign Direct Investment (FDI) equity inflows rose 18 per cent to $58.84 billion in 2025-26, with investments from the United States more than doubling during the last fiscal year. Sector-wise, cement stocks remained in focus as India Ratings and Research report stated that Cement demand growth is expected to moderate to mid-single digits in FY27 from about 8 per cent in FY26 amid inflationary pressures and the possibility of an El Nino weather event. On the global front, Asian markets were trading mostly in red amid mixed signals from ongoing negotiations between the U.S. and Iran as well as uncertainty over the reopening of the Strait of Hormuz. 

The BSE Sensex is currently trading at 74518.48, up by 158.47 points or 0.21% after trading in a range of 74433.69 and 74717.57. There were 20 stocks advancing against 10 stocks declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 1.27%, Utilities up by 0.79%, Consumer Durables up by 0.57%, Bankex up by 0.51% and Power up by 0.49%, while Telecom down by 0.74%, Metal down by 0.51%, Energy down by 0.32%, TECK down by 0.15% and IT down by 0.09% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 3.67%, Axis Bank up by 1.41%, Bajaj Finserv up by 1.26%, Adani Ports &SEZ up by 1.17% and Asian Paints up by 0.88%. On the flip side, Tata Steel down by 1.38%, Trent down by 1.25%, HCL Technologies down by 0.83%, Maruti Suzuki down by 0.54% and Reliance Industries down by 0.37% were the top losers.

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India will bring at least two to three more substantive free trade agreements (FTAs) into force over the next six months, while another 3-4 such pacts are to be implemented in 2027. He noted that the FTA between India and Oman came into force on June 1, 2026. 

He said India has concluded nine FTAs in the past three-and-a-half years, covering key partners such as the UAE, Australia, Mauritius, Oman, the EFTA bloc, the UK, New Zealand, the European Union and the United States. He said agreements with Mauritius, the UAE, Australia, Oman and the EFTA bloc have already been implemented, while separate trade deals with the UK and New Zealand have been signed and are moving towards operationalisation. He also urged industry to invest long-term capital as the early capital will obviously get the best of returns. 

Talking about India's response to recent global challenges, the Minister said the country successfully navigated the international energy crisis despite concerns arising from the ongoing West Asia crisis and disruptions affecting energy supplies from the Gulf region. He noted that India's prior efforts to diversify energy sources ensured uninterrupted availability of petrol, diesel, aviation fuel, LNG and LPG while maintaining relatively moderate prices. He added that fertilizer prices for farmers have remained unchanged despite global price increases, with the burden being absorbed by the Central Government.

The CNX Nifty is currently trading at 23431.10, up by 14.55 points or 0.06% after trading in a range of 23423.85 and 23516.35. There were 25 stocks advancing against 25 stocks declining on the index.

The top gainers on Nifty were Bajaj Finance up by 3.55%, Shriram Finance up by 2.34%, Adani Enterprises up by 2.09%, HDFC Life Insurance up by 2.04% and SBI Life Insurance up by 1.35%. On the flip side, Wipro down by 3.78%, Coal India down by 1.88%, Trent down by 1.58%, Tata Steel down by 1.56% and Hindalco down by 1.36% were the top losers. 

Asian markets were trading mostly in red; Nikkei 225 slipped 770.69 points or 1.14% to 66,700.00, Taiwan Weighted lost 674.3 points or 1.48% to 45,003.16, Jakarta Composite plunged 147.63 points or 2.59% to 5,692.16, KOSPI dropped 401.01 points or 4.64% to 8,238.40, Hang Seng declined 222.4 points or 0.88% to 25,031.00 and Straits Times fell 11.62 points or 0.23% to 5,055.91.

On the flip side, Shanghai Composite strengthened 9.32 points or 0.23% to 4,067.10. 
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