Indian equity markets ended sideways with mixed performance as S&P BSE Sensex advanced 64.42 points or 0.09% to 73,983.18, while Nifty 50 index fell 27.15 points or 0.12% to 23,214.95 as per provisional closing data. The broader market underperformed significantly with the BSE 150 MidCap Index falling 1.36% and the BSE 250 SmallCap Index shedding 1.13%. Market breadth remained weak with 1,478 shares rising and 2,736 shares falling on the BSE, while 155 shares remained unchanged. According to Business Standard, sectoral indices are trading mixed today with stocks in IT sector and FMCG sector witnessing buying support, while stocks in auto sector and metal sector faced selling pressure.
The Nifty FMCG index emerged as the top performer, jumping 3.62% to 8,496.60, recovering from a 2.44% decline in the two consecutive trading sessions. As reported by Business Standard, major FMCG stocks delivered strong gains with Nestle India up 1.95%, Hindustan Unilever rising 1.74%, Colgate-Palmolive (India) gaining 1.65%, Godrej Consumer Products advancing 1.56%, Britannia Industries up 1.45%, ITC rising 1.2%, Marico gaining 0.84%, Emami up 0.67%, Dabur India advancing 0.41%, and United Spirits rising 0.33%. According to Equitymaster, HUL, Nestle and Trent are among the top gainers today in the FMCG sector.
CMR Green Technologies settled at ₹247.90 on the BSE, representing a premium of 29.11% compared to its issue price of ₹192. The stock debuted at ₹275.40, marking a premium of 43.44% to the issue price, with the stock hitting a high of ₹275.40 and a low of ₹247.90. The stock has traded in a range of ₹247.90 to ₹275.40 with over 38.22 lakh shares traded on the BSE, according to Business Standard.
Reliance Industries (RIL) shed 0.79% following the announcement of a partnership with Meta Platforms to develop an AI-enabled data centre in Jamnagar, Gujarat. As reported by Business Standard, RIL will build a 168 MW data centre for Meta, with the facility expected to be delivered within two years. The agreement also includes an option to scale up capacity in the future. Nucleus Software Exports surged 15.28% after announcing a strategic partnership with Azentra Solusi Digital for digital transformation capabilities in Indonesia. Afcons Infrastructure rallied 4.45% after receiving a Letter of Award (LoA) from Vadhvan Port Project (VPPL) for the construction of a breakwater at the upcoming Vadhvan Port in Maharashtra. Clean Max Enviro Energy Solutions rose 8.44% after announcing a renewable energy partnership with Meta Platforms for over 900 MW capacity development in India.
Global markets showed mixed performance with US Dow Jones index futures down 370 points, signaling a negative opening for US stocks today. According to Business Standard, the annual inflation rate in the US is expected to accelerate to 4.2% in May 2026 from 3.8% in April, marking its highest level since April 2023. European stocks turned lower after a positive start as investors awaited the US inflation report. Asian markets ended lower after the US launched strikes against Iran in retaliation for downing a helicopter, with tensions threatening the fragile ceasefire between the US and Iran. China's consumer inflation remained unchanged at 1.2% year-on-year in May 2026, while producer price inflation accelerated to 3.9% year-on-year, marking the fastest pace since July 2022.
