Indian Stock Market Ends Higher As Green Energy Stocks Witness Broad-Based Decline (03 July 2026)

The Indian stock market ended on a positive note on July 3, 2026, with the benchmark indices closing higher, even though most green energy and mobility stocks witnessed a weak trading session. The broader market remained supported by gains in the S&P BSE SENSEX and NIFTY 50, but the renewable energy sector largely moved in the opposite direction as investors booked profits in several key stocks.

The S&P BSE SENSEX rose 0.34% to close at 77,763.91 points, while the NIFTY 50 gained 0.38% to settle at 24,268.05 points. The positive performance of the benchmark indices reflected overall strength in the broader market.

Among green energy stocks, Websol Energy was one of the best performers during the day. Its shares gained 0.99% on the BSE to close at Rs 106.75 and rose 0.59% on the NSE to Rs 106.55. The Indian Energy Exchange (IEX) also ended in positive territory, with its stock increasing 0.36% on the BSE to Rs 124.00 and 0.34% on the NSE to Rs 123.92. Reliance Industries also recorded a small gain of 0.13% on the BSE, closing at Rs 1,305.45. Sterling and Wilson Renewable Energy remained almost unchanged and posted a marginal gain of 0.04% on the NSE.

However, most other renewable energy and clean mobility companies closed lower. Olectra Greentech was the biggest loser of the session, falling 3.06% on the BSE to Rs 1,490.90 and 2.98% on the NSE to Rs 1,492.00. JSW Energy also witnessed heavy selling, with its shares declining 2.71% on the BSE to Rs 550.10. Inox Wind dropped 2.15% to Rs 88.04, while Praj Industries and Insolation Energy fell 1.75% and 1.51%, respectively.

Several large-cap companies also ended with modest losses. Adani Green Energy slipped 0.02% to Rs 1,555.05, while Larsen & Toubro declined 0.76% to Rs 4,029.40. Tata Power fell 0.27% to Rs 375.30. Battery makers Amara Raja and Exide Industries also ended lower, losing 1.19% and 1.25%, respectively. Public sector companies including NTPC Green Energy, GAIL, and IOC posted marginal declines, while Borosil Renewables slipped 0.19%. Overall, despite the strong performance of the benchmark indices, the green energy and mobility sector remained under pressure, with most stocks ending the day in the red due to profit booking and cautious investor sentiment.