Post Market Update- Indices end lower on profit booking and oil price surge

Stocks in the news-

1. HCC won Rs. 127 crore Bhutan hydro project contract.

2. BHEL bagged order of over Rs. 21,000 cr from Meja Urja Nigam.

3. Bluspring Enterprises gets order worth Rs. 2,049.8 cr from Bharat Aluminium Company

Economic News-

1. RBI kept policy repo rate unchanged at 5.25%.

Indian indices-

The benchmark indices ended lower on June 5, 2026, as investors turned cautious after the RBI maintained rates but raised inflation forecasts and cut growth outlook. The Rising crude oil prices, persistent global tensions, and continued foreign investor outflows further weighed on sentiment. The profit booking across key sectors also pushed benchmark indices into the red. At close, the Sensex was down 116.66 points or 0.16% at 74,243.34, and the Nifty was down 49.85 points or 0.21% at 23,366.70.

The MPC has unanimously decided to keep the policy repo rate unchanged at 5.25% and maintain its neutral stance, citing rising global uncertainties.

Rupee ended at 94.95/$ Vs. June 04 close of 95.71/$. Rupee posted biggest single-day gain in more than 2 months.

Buzzing stocks on BSE-

1. Bajaj Electricals advanced 2.28% to Rs. 311.20, after the company announced its entry into cables category under its lighting solutions segment, aiming to capitalize on the growing demand in the cables industry.

2. Tata Steel fell 1.78% to Rs. 206.80, on reports that a fire broke out at the company's Port Talbot plant in the UK on Wednesday night, leading to a temporary suspension of operations in a section of the facility.

Global Signals-

Asian stock markets tumble as AI rally pauses, US-Iran peace talks stall.

European stocks wert lower as investors monitor a global sell-off in chipmaking tech names.