Renewable Energy Stocks Show Mixed Performance As Indian Markets End Lower (03 June 2026)

Indian stock markets ended lower on June 3, 2026, amid a volatile trading session, reflecting cautious investor sentiment across sectors. Both benchmark indices closed in the red, with the BSE Sensex declining 0.41 percent to settle at 74,346.17, while the Nifty 50 slipped 0.35 percent to close at 23,402.35. The broader market weakness impacted several energy, renewable energy, and infrastructure stocks, although a few companies managed to register notable gains.

Among renewable energy stocks, Borosil Renewables emerged as the top performer of the day. The company’s shares surged nearly 9 percent on both the BSE and NSE, closing around ₹546.50. The strong rally highlighted investor interest in select clean energy players despite the overall market decline. Olectra Greentech also delivered a positive performance, gaining more than 3.4 percent to end the session at ₹1,330.00. Sterling and Wilson Renewable Energy recorded a modest rise of 1.25 percent, while Websol Energy posted a small gain of around 0.71 percent.

However, most energy and utility stocks faced selling pressure throughout the day. Adani Green Energy fell 1.21 percent to close at ₹1,432.00, while Reliance Industries slipped 0.29 percent to ₹1,313.30. In the power sector, JSW Energy declined 1.44 percent, Tata Power dropped 0.69 percent, and GAIL lost 0.70 percent. Public sector companies also remained under pressure, with Indian Oil Corporation falling 0.94 percent and NTPC Green Energy declining 0.49 percent.

The battery manufacturing segment witnessed a similar trend. Amara Raja Energy & Mobility lost 0.84 percent, while Exide Industries fell 1.53 percent during the trading session. In the renewable equipment segment, Inox Wind declined 1.34 percent, and Insolation Energy dropped 1.73 percent.

Other key industrial and energy-related stocks also ended lower. Larsen & Toubro fell 1.34 percent, Praj Industries declined 1.19 percent, and the Indian Energy Exchange lost 1.32 percent.

Overall, the market reflected a cautious mood, with investors selectively buying into a few renewable energy companies while reducing exposure to major power, industrial, and energy stocks amid broader market weakness.