On Tuesday, 2,244 stocks advanced, 1,970 declined and 176 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.14 indicating a positive closing. The trend of the major indices on Tuesday’s trading is given in the table below.
On NSE, 115 securities advanced and closed at a new 52-week high whereas 35 securities sank to close at their new 52-week lows. Nifty Pharma, Nifty Energy, Nifty Infrastructure were among the biggest losers. Nifty IT, Nifty FMCG, Nifty India Defence were among the biggest gainers.
Enforcement Directorate (ED) conducted search operations against Vedanta (-1.07%) Group on 2 June 2026, under the Foreign Exchange Management Act (FEMA). Officials confirmed that the searches were underway at the time of reporting, but no further details regarding the locations searched or the nature of alleged violations were disclosed. The ED has not yet issued a detailed statement on its findings, and Vedanta Group has also not provided an immediate response.
TACC Limited, a wholly owned subsidiary of HEG (-1.86), entered into an MoU with the Institute for Functional Intelligent Materials (IFIM) at NUS, establishing a framework for long term collaboration in advanced materials science and nanotechnology. The partnership combines TACC’s industrial and commercialisation capabilities with NUS I FIM’s globally recognised scientific research expertise, aiming to accelerate the development, validation, and commercialisation of next generation technologies. Focus areas include graphene applications and other functional nanomaterials.
Transrail Lighting (+0.65%) announced fresh orders worth ₹575 crore across its key business segments, reinforcing its order book and growth outlook. The inflow is led by Power Transmission & Distribution (T&D) projects, including a marquee 500 kV HVDC transmission line contract, alongside product supply orders from international markets, a specialised civil construction project, and pole supply contracts.
Hindustan Unilever (HUL) (+0.45%) inaugurated the Unilever Fragrance Hub (UFH) in Mumbai, marking a pivotal step in its global innovation strategy. The Mumbai hub is the third globally after the UK and US, and is part of Unilever’s €100 million investment programme to strengthen in house, digitally enabled fragrance creation capabilities. Located at the IIT Bombay campus, the facility integrates consumer insights, advanced science, and AI driven innovation to accelerate product development and enhance consumer experiences.
DEE Development Engineers (+5.00%) secured new contracts worth ₹206.55 crore (ex GST) from a public sector Maharatna EPC conglomerate in India’s power sector, according to its exchange filing. The order involves the manufacturing and supply of Critical Piping Assemblies, including the Main Steam Package and Hot Reheat System, which are essential components for thermal power projects. The customer’s name has not been disclosed due to commercial confidentiality.
Tega Industries (+0.87%), in collaboration with Apollo Funds, has successfully completed the $1.5 billion acquisition of Molycop, a leading global supplier to the mining industry. The acquisition significantly enhances Tega’s product portfolio and market offering, enabling it to deliver greater value to customers worldwide.
Anant Raj (+2.52%) signed a ₹25,000 crore MoU with the Haryana Enterprises Promotion Centre to develop data centre and cloud services in Haryana, marking one of the largest private digital infrastructure commitments in the state.
Firstsource Solutions (+1.31%) has reported major efficiency gains following its partnership with AppliedAI, moving from pilot to production deployments in healthcare and education. The collaboration, initiated in November 2025, has delivered processing time reductions of over 95% and boosted throughput up to tenfold. Real world applications include healthcare provider data management and education admissions, where the AI driven solutions have transitioned from theoretical commitments to measurable outcomes.
Wipro (+1.66%) announced that its step down subsidiary, Wipro IT Services, LLC, will acquire an additional 20% stake in Aggne Global Inc., with the transaction expected to close by 5 June 2026. This builds on Wipro’s earlier acquisition of a 60% stake in Aggne Global IT Services Pvt Ltd and Aggne Global Inc., completed on February 14, 2024 and disclosed the following day.
Black Box (-1.41%)and AIONOS have announced a strategic alliance to accelerate enterprise AI transformation, combining Black Box’s digital infrastructure expertise with AIONOS’s applied AI platforms. The partnership will be spearheaded globally by CP Gurnani and Sanjeev Verma, focusing on driving digital impact across enterprises and hyperscalers. Together, the companies aim to help organisations build, deploy, and manage AI solutions with embedded security and resilience, integrating infrastructure with domain led AI capabilities.
Alkem Laboratories (-1.42%) become the first company in India to launch semaglutide in single shot pre filled syringes, with prices starting at ₹350. It has received DCGI approval to manufacture and market this new delivery format for the management of Type 2 diabetes mellitus and obesity, as an adjunct to diet and exercise. By introducing pre filled syringes, Alkem aims to lower entry barriers to semaglutide therapy, offering patients a more affordable and convenient option.
Infosys (+5.68%) expanded its strategic collaboration with DNB Bank ASA, Norway’s largest bank, to modernize Financial Crime (FinCrime) operations through the deployment of the NICE Actimize X Sight Enterprise platform. This initiative represents a major step in DNB’s digital transformation journey, replacing fragmented legacy systems with a unified, intelligence driven, cloud native platform.
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:
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INDIAN MARKET TRENDS
From 25th May to 27 May 2026, ML Small-cap Index rose 3%. ML Mid-cap Index, ML Large-cap Index and ML Mega-cap Index rose 2% each. The NIFTY and the Sensex rose 1% each. ML Micro-cap Index ended flat.
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