Indian equity markets maintained positive momentum for the third consecutive session as key benchmarks climbed higher. The Nifty 50 finished at **25,819.35**, gaining **0.37%**, while the BSE Sensex rose by **283.29 points** to settle at **83,734.25**. Financial and metal sectors spearheaded the rally, with state-owned banks adding approximately **1.3%**. Metal stocks also surged by **1.3%** following reports of potential easing in international steel tariffs. In the currency market, the Indian rupee appreciated by **6 paise** to close at **90.66** against the US dollar. Cochin Shipyard emerged as a major focal point after being declared the lowest bidder for a Ministry of Defence project. The contract, valued at approximately **5,000 crore**, involves the construction of five Next Generation Survey Vessels for the Indian Navy. The stock responded with a rally of over **5.5%**, reaching an intraday high of **1,574.50**. Bharat Forge demonstrated robust technical momentum, recently hitting a 52-week high of **1,592**. The company reported a significant **111.98%** increase in operating profit, driven by healthy long-term sales growth of over **20%**. Institutional investors remain confident, maintaining a substantial **46.63%** stake in the firm. Hindustan Unilever (HUL) announced a major manufacturing expansion plan involving an investment of **2,000 crore** over the next two years. The capital expenditure will target premium categories in beauty, wellbeing, and home care liquids. This strategic move aims to build a technology-enabled supply chain operating on **100%** renewable energy. Dr. Reddy’s Laboratories strengthened its gynaecology portfolio by acquiring trademarks for specialty brands Progynova and Cyclo-Progynova in India. The deal, valued at **$32.15 million**, integrates brands that recorded sales of **100 crore** in 2025. The company’s latest quarterly revenue stood at **87,268 crore**, reflecting steady growth despite pricing pressures in global markets. Larsen & Toubro (L&T) unveiled a high-tech venture to establish India’s largest gigawatt-scale AI factory. The project will scale GPU cluster deployments at data centers in Chennai and Mumbai, reaching capacities of **30 MW** and **40 MW** respectively. Shares of L&T traded higher following the announcement, as the company’s total data center capital expenditure is estimated near **1,000 crore**.