BPCL rises on crude oil outlook, India’s AI Market to Triple by 2027 & more

Highlights

Indian equity markets ended modestly higher today after a volatile session, with both the Nifty 50 and BSE Sensex extending their winning streaks. Market sentiment was supported by positive cues from Asian markets and optimism around progress in US-China trade talks.

Headline Indices

Sectors at a Glance

Top Gainers

Company	Today’s Chg	LTP
Nifty Oil & GasNIFTY OIL AND GAS	+1.47%+169.30	11725.50
Nifty ITNIFTY IT	+1.26%+484.30	38784.30
Nifty PharmaNIFTY PHARMA	+0.50%+109.15	22057.15

Top Losers

Company	Today’s Chg	LTP
Bank NiftyNIFTY BANK	-0.30%-169.35	56459.75
Nifty FMCGNIFTY FMCG	-0.67%-378.20	55820.60
Nifty PSU BankNIFTY PSU BANK	-0.88%-63.10	7107.75

*Prices shown may have delay up-to 15 minutes

What moved the market?

Top Gainers

Company	Today’s Chg	LTP
Wockhardt Ltd.WOCKPHARMA	+18.40%+284.50	1831.10
RattanIndia Enterprises Ltd.RTNINDIA	+11.21%+6.61	65.56
Neuland Laboratories Ltd.NEULANDLAB	+7.54%+956.00	13630.00
Oil India Ltd.OIL	+6.38%+27.90	465.30
Tata Teleservices (Maharashtra) Ltd.TTML	+6.10%+4.36	75.85

Top Losers

Company	Today’s Chg	LTP
Indian Energy Exchange Ltd.IEX	-7.78%-16.33	193.68
United Spirits Ltd.UNITDSPR	-6.59%-106.10	1503.80
Engineers India Ltd.ENGINERSIN	-5.18%-12.55	229.82
Garden Reach Shipbuilders & Engineers Ltd.GRSE	-4.23%-136.80	3098.60
Jyoti CNC Automation Ltd.JYOTICNC	-4.21%-51.60	1174.70

*Prices shown may have delay up-to 15 minutes

INDIA VIX13.67 -2.50%

NIFTY MIDCAP 150₹21,846.05 -0.32%

NIFTY SMLCAP 250₹17,528.95 -0.09%

Put Call Ratio of Nifty 50 (expiry: 12th Jun) is 0.87

What Made Headlines?

BPCL₹333.90 +4.36%

Shares of Bharat Petroleum Corporation and other oil marketing companies rose, and the US oil body Energy Information Administration (EIA) released its crude outlook, which stated that the commodity would move lower in the short term.

SONATSOFTW₹428.25 +2.53%

Sonata Software collaborates with IISc’s Foundation of Science Innovation and Development to power AI-driven scientific research and champion the adoption of a responsible-first AI approach.

WAAREEENER₹2,884.00 +1.62%

Waaree Energies secured a new order from its U.S. arm to supply 599 MW of solar modules. This follows a $176 million order for 586 MW just last month.

ONESOURCE₹2,051.50 +1.29%

OneSource and Xbrane Biopharma have partnered to manufacture biosimilars globally. The deal strengthens Xbrane’s supply chain and supports OneSource’s push for US Drug Administration and European Medicines Agency approvals.

TEXRAIL₹179.04 +1.28%

Texmaco Rail received a ₹44.04 crore order from Mumbai Railway Vikas Corporation to supply engineering components, boosting its railway infrastructure portfolio.

What’s Happening Beyond Our Markets?

• The government approved two new railway projects across Jharkhand, Karnataka, and Andhra Pradesh, adding 318 km of tracks to ease travel, cut costs, boost jobs, and reduce pollution.
• India met its highest-ever power demand of 241 GW without any shortage. In FY25, it added 34 GW capacity, mostly renewable and launched big plans for battery storage, transmission, and private investment.
• India’s AI market is set to grow from $6B to $17B by 2027, with AI talent expected to double to 1.25 million, driven by rising tech adoption and digital infrastructure, as per the BCG report.
• India and the EU are close to sealing a free trade deal after talks resumed in 2022. With trade already over $188 billion, only a few issues remain to be resolved.
• The World Bank cut its global growth forecast to 2.3% for 2025, the lowest since 2008 outside recessions, due to rising trade barriers. India remains strong, expected to grow 6.3% in FY26.
• China’s car sales rose 11.2% in May 2025 to 2.69 million units. New energy vehicles (NEVs) led the growth, up 36.9% and making up nearly 49% of total monthly sales.
• U.S. inflation likely rose to 2.5% in May 2025, the first increase in four months, as Trump’s new tariffs began pushing up prices for goods like furniture and auto parts.
• The EU has proposed its 18th sanctions package on Russia, targeting energy, 22 banks, and the Russian Direct Investment Fund. It also suggests cutting the oil price cap from $60 to $45.

Back to Basics

Terms that put you one step ahead – every day.

What is an F&O ban?

Some stocks get temporarily restricted in the F&O (Futures & Options) market. This means you can’t place new F&O bets on them; you can only close your existing positions.

Why does this happen?

 Every stock has a limit on how much F&O trading can happen on it. This limit is based on:

• How many shares are available for public trading (not owned by promoters), and
  
• How much trading usually happens in that stock?
  

If the total open F&O bets cross 95% of this limit, the stock enters a ban.

It’s like the exchange hitting the brakes to avoid too much risk or speculation on one stock.

Is it a bad sign?

No. It doesn’t mean the company is in trouble; it’s just a way to keep the market stable.

When does the ban end?

Once the open F&O bets fall below 80% of the limit, the ban is lifted, and you can trade freely again.

Before trading in F&O, always check NSE’s daily ban list, as it can save you from placing orders that won’t go through.

IPO Corner

Mainline IPO

Corporate Actions

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back tomorrow to cut through the noise, so you can focus on investing intelligently.