On Wednesday, 1809 stocks advanced, 2205 declined and 158 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.82 indicating a negative closing in the broader market, as foreign portfolio investors continues to remain positive. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, 65 securities advanced and closed at a new 52-week high whereas 36 securities sank to close at their new 52-week lows. In sectoral indices, Nifty PSU Bank, Nifty Energy and Nifty Media were among the biggest losers. Nifty Metal, Nifty Pharma and Nifty Auto were among the biggest gainers.
Tata Steel commissioned of India’s largest blast furnace at Kalinganagar, expanding site capacity from 3 MTPA to 8 MTPA, and a new Electric Arc Furnace (EAF) in Ludhiana, as part of its broader goal to reach 40 MTPA by 2030. It has also commissioned a 2.2 MTPA Cold Rolling Mill (CRM) complex and is actively pursuing brownfield expansions across key sites. In Europe, Tata Steel is transitioning to green steel with a £1.25 billion investment in an EAF at Port Talbot, UK, backed by £500 million in government support, aiming to cut CO emissions by 5 million tonnes annually. In the Netherlands, it plans to replace legacy assets with a Direct Reduced Iron (DRI) plant and EAF, targeting 5 million tonnes CO reduction per year by 2030, supported by policy and infrastructure aid.
Bharat Forge (+2.12%) completed its acquisition of AAM India Manufacturing for an equity value ofRs746.46 crore, which includes Rs189.48 crore in cash reserves.
Innovators Facade Systems (+3.77%) bagged Rs61.11 crore order from Larsen & Toubro (Buildings & Factories division) for facade works at Central Secretariat Buildings 6 and 7 on Maulana Azad Road, New Delhi. The scope includes design, fabrication, supply, installation, and commissioning, with project completion targeted by October 2026.
Asian Paints (+2.11%) under investigation by the Competition Commission of India (CCI) following a complaint from Grasim Industries (Birla Opus Paints). The probe centers on alleged abuse of dominant position, including coercive dealer practices, denial of market access, and input foreclosure. CCI found prima facie evidence of anti-competitive conduct and has directed its Director General to submit a report within 90 days.
DGTR has initiated an anti-dumping investigation into imports of virgin multi-layer paperboard from Indonesia, following a complaint by the Indian Paper Manufacturers Association (IPMA). The probe aims to assess whether dumped imports are causing material injury to domestic producers, particularly in packaging segments like FMCG, pharmaceuticals, and publishing. DGTR has also initiated an anti-dumping investigation into imports of Bromo-OTBN (4-Bromomethyl-2'-Cyanobiphenyl) from China, following a complaint by Neogen Chemicals (-1.90%). The compound is a key intermediate in drugs for hypertension and heart failure, and the probe aims to assess whether imports at unfairly low prices are causing material injury to domestic manufacturers. DGTR has also initiated mid-term reviews of existing anti-dumping duties on jute imports from Bangladesh and Nepal, following complaints from domestic producers including Gloster and Ludlow Jute & Specialities. The reviews aim to assess whether falling import prices are causing renewed injury to Indian jute manufacturers and whether current duties remain adequate to protect the local industry
Keystone Realtors (+2.41%) was selected by eight housing societies in Andheri West (Lokhandwala) for a cluster redevelopment project with an estimated Gross Development Value (GDV) of Rs3,000 crore. The project spans 4.75 acres, covering 548 existing members, and is expected to unlock around 10.6 lakh square feet of saleable area.
L&T Technology Services (LTTS) (-0.70%) was selected by TRATON Group—which includes brands like Scania, MAN, and Volkswagen Truck & Bus—as a strategic engineering partner for a multi-year global R&D transformation initiative. The collaboration will focus on building a unified product development platform, advancing electrification, software-defined vehicle architectures, ADAS, and digital engineering toolchains across TRATON’s global hubs in Europe, the US, and India.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below: