Indian Indices - Live Markets

Market Close | Sensex gains 2946 points, Nifty at 24,000 on US-Iran ceasefire

Indian equity indices ended on strong note with Nifty around 24,000 on April 8. At close, the Sensex was up 2,946.32 points or 3.95 percent at 77,562.90, and the Nifty was up 873.70 points or 3.78 percent at 23,997.35.

Abhinav Tiwari Research Analyst at Bonanza

Today, Sensex and Nifty 50 closing higher by 3.78% and 3.95% respectively as a sharp fall in crude prices, the RBI’s status quo, and a more reassuring growth outlook combined to lift risk appetite. The market’s tone was constructive throughout the day, with investors preferring relief over caution after several sessions of global uncertainty.

The Reserve Bank of India’s Monetary Policy Committee (MPC) left the repo rate unchanged at 5.25% in its April 2026 policy, effectively confirming a “wait-and-watch” stance even as the oil-induced inflation print remains elevated. Markets had priced in the risk of a hawkish shift due to the jump in crude, so a steady rate and a slightly tempered tone on growth helped ease the fear of an aggressive tightening cycle in the near term.

The latest GDP data under the revised statistical series continues to project India as one of the fastest-growing major economies, with FY26 estimated at around 7.6% and Q3 at roughly 7.8%, led by manufacturing and services. This resilience, even amid elevated commodity prices and weaker external demand, has reassured investors that the domestic earnings-growth engine is not breaking; instead, the narrative has shifted toward “growth-with-caution” rather than “growth-at-all-costs”.

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty remained strong following a gap-up start on the back of a temporary ceasefire in the Middle East conflict. The fall in the rupee helped the index remain firm throughout the day. On the hourly chart, the index reclaimed the 200DMA on Wednesday after closing above the 50DMA in the previous session. The sentiment going forward may remain positive, with the Nifty potentially moving towards 24,265, which is a crucial resistance level where the index may once again face selling pressure.

On the other hand, any fallout from the US–Iran truce talks could trigger panic among investors, potentially pushing the Nifty towards lower levels. Therefore, investors should not remain completely unguarded, as risks may return if the situation takes an adverse turn.

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

Nifty witnessed sharp reversal on the upside on the backdrop of ceasefire announcement from middle east conflict (US-Isreal & Iran) and Nifty closed the day higher by huge margin of 873 points. After opening with a sharp upside gap of 705 points, the market remained within a narrow range for the entire session. The opening upside gap remains unfilled and Nifty finally closed at the highs.

The formation of the huge unfilled opening upside gap of Wednesday indicates a formation of Bullish Breakaway Gap, which reflects a formation of important bottom reversal for the market at the recent swing low of 22182 levels-2nd April.

The overall chart pattern is positive and if this gap remains unfilled for the next 3-4 sessions, then that could suggest broad based rally for the markets ahead. The next upside levels to be watched around 24500. Immediate support is placed at 23800 levels.

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

The Nifty 50 kicked off the session with a powerful gap-up of 732 points, driven by the ceasefire announcement between the US and Iran. What stood out was not just the gap-up, but the market’s ability to sustain and build on those gains through the day. The index steadily moved higher and closed near the day’s highs at 23997, marking a strong gain of 3.78%.

Encouragingly, over the past four sessions, every intraday dip has been bought into, a clear shift from the previous month’s trend where pullbacks were consistently sold into. This change in behaviour suggests a transition in market sentiment from a “sell-on-rise” to a more constructive “buy-on-dips” approach.

Adding to the positive undertone, the India VIX witnessed a sharp decline of over 20%, signaling a meaningful easing of volatility. The index has slipped below its 20-day EMA for the first time since 18th February 2026, indicating that uncertainty is receding and risk appetite is improving.

On the sectoral front, Nifty Realty & Nifty Auto, both rate sensitive sectors, ended the day as the top sectoral gainer with gains of over 6%. Nifty Realty & Auto both have given a pullback of nearly 17% & 10% from their respective lows, suggesting strong buying interest at lower levels. On the other hand, Nifty CPSE was the only sector to close the day marginally in red. With regards to stocks, Shriram Finance & Adani Enterprises ended up as top two gainers while Coal India & Tech Mahindra ended with losses.

Broader markets outperformed the benchmarks, with both midcap and smallcap indices rallying over 4% each. Interestingly, even during the recent 14% correction in Nifty from its highs amid geopolitical tensions, the relative strength of midcap and smallcap indices remained intact. The ratio line in the ratio charts continued to trend higher, indicating quiet but consistent outperformance beneath the surface. Technically, both segments have now closed above their 50-day EMAs, suggesting improving momentum and a higher probability of an extended pullback in the coming sessions.

The market breadth improved significantly as the advance-decline ratio remained heavily skewed in favour of bulls at day’s close. A total of 462 stocks out of the Nifty 500 universe ended in the green.

Nifty View

Going ahead, the immediate resistance for Nifty is placed in the 24150-24200 zone. Any sustainable move above this zone could result in Nifty extending its pullback towards 24400, followed by 24600 in the short term. On the downside, the zone of 23850–23800 zone is likely to act as an immediate support.

Bank Nifty View

Bank Nifty mirrored this strength, opening with a sharp gap-up of 2188 points and maintaining upward momentum throughout the session. The rally was further supported by the Reserve Bank of India maintaining status quo on interest rates in its MPC meeting. This helped ease concerns around rising yields and inflationary pressures stemming from elevated crude oil prices & geopolitical tensions.

Going ahead, the immediate resistance for Bank Nifty is placed in the 56200-56300 zone. Any sustainable move above this zone could result in Bank Nifty extending its pullback towards 56700, followed by 57000 in the short term. On the downside, the zone of 55200–55100 zone is likely to act as an immediate support.

Dilip Parmar – Senior Research Analyst, HDFC Securities

The Indian rupee has staged a notable recovery following announcement of a ceasefire in the Middle East. This rebound was further bolstered by several key "tailwinds," including a plunge in crude oil prices, supportive commentary from the RBI regarding recent regulatory curbs, and a sharp rally across global equity indices.

With geopolitical anxieties dissipating, both the rupee and its regional currencies appear poised for additional strength over the coming days.

From a technical perspective, the trading range for the USDINR has shifted to 92 and resistance at 93.10.

Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Rupee traded stronger by 49 paise at 92.58, supported by improving sentiment after the US–Iran ceasefire announcement, which eased geopolitical risk.

The key trigger has been a sharp fall in crude oil prices, which have corrected nearly 13–15% towards the $95–96 range, reducing pressure on India’s import bill. This easing in oil prices has provided significant relief to the rupee, as lower energy costs improve macro stability. However, sustainability of the move depends on how long the ceasefire holds and normalization of supply through the Strait of Hormuz.

Near-term, support is seen around 93.25, while resistance is placed near 92.10.

Vinod Nair, Head of Research, Geojit Investments

The interim ceasefire is seen as a step toward broader regional stability. India benefits immediately from the reopening of the Hormuz Strait, which has pushed oil prices below $100 and reduced downside risks to FY27 EPS growth.

The sharp improvement in sentiment has driven a notable decline in the 10‑year bond yield and strengthened the rupee, while the RBI’s status quo stance has further supported financials. Although the Q4 results outlook remains muted, investors are focusing on reasonable valuations and a stable medium‑term earnings trajectory, suggesting that the rally still has room to continue in the near term.

Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Gold traded sharply higher with gains of around ₹2900 at ₹153000, tracking strength in COMEX gold near $4800, although rupee appreciation capped further upside in MCX. The rally is largely driven by relief sentiment after the US–Iran ceasefire, which led to a sharp 15% correction in crude prices, supporting broader risk assets.

However, this move is more of a relief rally and short covering, as uncertainty still persists regarding the durability of the ceasefire and reopening of key supply routes.

Technically, resistance is seen near ₹155500, while support is placed around ₹149000. Gold is expected to remain volatile, with direction dependent on further geopolitical clarity and macro cues.

Gaurav Udani, Founder - Thincredblu Securitie

Nifty delivered a strong closing, rallying nearly 900 points, marking a decisive shift in sentiment and hinting at a possible trend reversal after the recent phase of weakness.

The index sustained its gains through the session, indicating strong buying interest and follow-through momentum. This kind of price action suggests that dips are now being actively bought, strengthening the bullish outlook in the near term.

Bank Nifty provided solid support to the rally, surging over 3,000 points to close at 55,750, reflecting broad-based strength in the banking space.

Technically, immediate support is placed in the 23,600–23,800 zone, while resistance is seen around 24,100–24,200. A sustained move above resistance could extend the rally further.

Going ahead, the strategy shifts to buy on dips, with markets likely to remain active and opportunity-driven in the coming sessions.

Currency Check | Rupee ends higher at 92.58

Indian rupee ended 42 paise higher at 92.58 per dollar on Wednesday versus previous close of 93.

Market Close | Market cheers US-Iran ceasefire; Sensex zooms 2,946 pts, Nifty at 24,000

Indian equity indices ended on strong note with Nifty around 24,000 on April 8.

At close, the Sensex was up 2,946.32 points or 3.95 percent at 77,562.90, and the Nifty was up 873.70 points or 3.78 percent at 23,997.35. About 3698 shares advanced, 505 shares declined, and 90 shares unchanged.

Shriram Finance, Adani Enterprises, Tata Motors Passenger Vehicles, Interglobe Aviation and Eicher Motors were among biggest gainers on the Nifty, while losers included Coal India, Tech Mahindra, Nestle India, Wipro, ONGC.

Nifty Midcap and Smallcap indices added 4% each.

All the sectoral indices ended in the green with Auto and Realty rose more than 6 percent, while consumer durables, oil & gas, telecom, infra, PSU Bank, Private Bank advanced 3-5 percent.

Nifty Today | Prostarm Info Systems gets LoA as a subcontractor from Solarium Green Energy

The company has received a Letter of Award (LoA) as a subcontractor from Solarium Green Energy for executing complete engineering, procurement, and construction (EPC) works worth Rs 165 crore for a 50 MWac solar PV power project, excluding three years of operation and maintenance (O&M) services in Maharashtra.

Additionally, the company has signed a Memorandum of Understanding (MoU) with Shenzhen Topband Co to explore a potential strategic alliance for exclusive cooperation in battery energy storage systems (BESS).

The company has signed a residential high-rise project in Goregaon (West), Mumbai. The project has a topline potential of around Rs 2,400 crore, with a total saleable carpet area of approximately 0.67 million sq ft.

Nifty50 Today | LIC board to consider bonus issue on April 13

A meeting of the board of directors of the Life Insurance Corporation of India is scheduled to be held on Monday, April 13, 2026 to consider and recommend a proposal for issue of bonus shares, subject to the approval of the shareholders of the corporation.

Piyush Baranwal, Senior Fund Manager, WhiteOak Capital MF

The MPC outcome today was largely on expected lines, with the West Asia conflict continuing to dominate the policy narrative and imparting significant uncertainty to both growth and inflation projections of RBI. While policy rates and stance were left unchanged, the overall tone appears mildly dovish at the margin.

The RBI appears willing to look through the risk of a supply-driven inflation shock for now. With growth risks rising and underlying inflation, particularly core inflation excluding precious metals, remaining benign so far, the bar for rate hikes appears relatively high at this stage.

Sensex Today | European indices up 2-4%; Dow Futures jumps 1200 pts

Sensex Today | Goldman Sachs keeps 'buy' rating on Titan, target price at Rs 5,000

#1 Jewellery growth strong at 52 percent YoY, driven by buyer & studded segments

#2 International jewellery grew despite West Asia challenges

#3 Strong eyewear growth, while watches saw moderation

Titan Company was quoting at Rs 4,494.25, up Rs 263.55, or 6.23 percent.

It has touched a 52-week high of Rs 4,514.00.

It has touched an intraday high of Rs 4,514.00 and an intraday low of Rs 4,311.55.

It was trading with volumes of 256,124 shares, compared to its five day average of 36,721 shares, an increase of 597.49 percent.

Iran ceasefire brings a deep breath but HNIs unlikely to rush in

Sudipta Roy, Managing Director & CEO, L&T Finance

RBI’s first credit policy for the new Fiscal year 2026-27 stood out for its balanced and prudent tone. Given the evolving global conditions, status quo on rate action and neutral stance were along expected lines. However, incrementally higher growth projection to 6.9% and relatively small increase in headline inflation projection to 4.6% for FY27 is noteworthy.

Monetary Policy response to the West Asia conflict is measured and reflects no policy panic. Both fiscal and monetary policies aligning on protecting domestic momentum, in face of global disruptions, reinforces stable credit conditions going forward.

Markets@3 | Sensex jumps 2860 points, Nifty around 24000

The Sensex was up 2,862.12 points or 3.84 percent at 77,478.70, and the Nifty was up 844.70 points or 3.65 percent at 23,968.35. About 3606 shares advanced, 433 shares declined, and 87 shares unchanged.

'Not anticipating dent to remittances,' says RBI Governor Sanjay Malhotra amid Iran truce

Vishnu Kant Upadhyay – AVP, Research – Master Capital Services

Indian equity markets witnessed a strong rally today, driven by emerging signs of de-escalation in the West Asia conflict following the announcement of a 14-day ceasefire between the U.S. and Iran. The Nifty staged a sharp up-move, gaining over 3.5% and reclaiming its 21-day EMA.

Initial sentiment appears positive, with the upside open toward the 24,500–24,600 zone. However, it is worth noting that the index has already rallied over 7.5% in the last four trading sessions, which raises the possibility of a near-term corrective pullback as participants look to book profits at higher levels.

In light of this, a buy-on-dips approach remains the preferred strategy. Any dip toward the 23,500–23,550 range could offer a fresh entry opportunity for investors looking to capitalize on the broader uptrend.

On the sectoral front, banking stocks and sectors with direct or indirect exposure to crude oil and crude derivatives stand to benefit meaningfully.

Sensex Today | TCS to announce Q4 earnings tomorrow; shares trade marginally higher

Tata Consultancy Services was quoting at Rs 2,553.85, up Rs 14.00, or 0.55 percent.

It has touched an intraday high of Rs 2,583.95 and an intraday low of Rs 2,540.20.

It was trading with volumes of 251,576 shares, compared to its five day average of 318,158 shares, a decrease of -20.93 percent.

In the previous trading session, the share closed up 2.68 percent or Rs 66.30 at Rs 2,539.85.

The share touched a 52-week high of Rs 3,630.00 and a 52-week low of Rs 2,346.35 on 12 May, 2025 and 30 March, 2026, respectively.

Currently, the stock is trading 29.65 percent below its 52-week high and 8.84 percent above its 52-week low.

Market capitalisation stands at Rs 924,005.28 crore.

Nifty50 Today | 1.09 million shares of Kotak Mahindra Bank change hands in a block trade: Bloomberg

Kotak Mahindra Bank was quoting at Rs 380.75, up Rs 18.05, or 4.98 percent.

It has touched an intraday high of Rs 380.85 and an intraday low of Rs 369.25.

It was trading with volumes of 2,453,835 shares, compared to its five day average of 1,193,120 shares, an increase of 105.67 percent.

Sensex Today | 2.5 million shares of Adani Power traded in a block: Bloomberg

Adani Power was quoting at Rs 168.75, up Rs 5.35, or 3.27 percent.

It has touched an intraday high of Rs 174.25 and an intraday low of Rs 166.20.

It was trading with volumes of 7,891,171 shares, compared to its five day average of 1,969,607 shares, an increase of 300.65 percent.

In the previous trading session, the share closed up 0.15 percent or Rs 0.25 at Rs 163.40.

The share touched a 52-week high of Rs 182.75 and a 52-week low of Rs 101.00 on 23 September, 2025 and 09 April, 2025, respectively.

Currently, the stock is trading 7.66 percent below its 52-week high and 67.08 percent above its 52-week low.

Market capitalisation stands at Rs 325,429.22 crore.

Nifty Today | GAIL enters into a long-term agreement with leading Greek shipping major

The company has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier Energy Fidelity.

The charter party agreement was executed between GAIL and Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas.

GAIL India was quoting at Rs 152.95, up Rs 7.70, or 5.30 percent. It has touched an intraday high of Rs 156.40 and an intraday low of Rs 151.20. It was trading with volumes of 1,154,222 shares, compared to its five day average of 630,744 shares, an increase of 82.99 percent.

Hareesh V, Head of Commodity Research, Geojit Investments

Gold and silver prices rallied sharply today, advancing nearly 3% and 6% respectively, following the ceasefire discussions between the US and Iran.

The easing of geopolitical tensions triggered renewed safe‑haven demand, with investors flocking to bullion as a hedge. Supportive macro factors, including a softer US dollar and the Dollar Index slipping below 99, further boosted momentum. This surge underscores how gold and silver remain resilient assets, with the potential to attract stronger buying interest from investors.

Sensex Today | Nifty Defence index rises more than 3%; BEML, Cyient DLM Garden Reach Shipbuilders, among top gainers

Markets Live | RBI to monitor excess volatility in forex markets, says governor Sanjay Malhotra

Markets Live | European stocks soar most in a year on US-Iran ceasefire

Markets Live | Pakistan stocks surge over 12,000 points after US-Iran ceasefire, trading halted

Markets Live | Ashok Leyland, AB Capital among BSE midcap gainers; oil-linked names slip

Ashok Leyland surged over 12 percent, while AB Capital and Hindustan Petroleum gained around 9 percent each. Oil India and NALCO declined among midcap losers.

Markets Live | VIX crashes 20%; midcaps, smallcaps rally over 4%

Volatility cooled sharply, with India VIX plunging over 20 percent. Broader markets surged, with midcap and smallcap indices rising 3.8-4.2 percent, indicating strong risk-on sentiment.

Markets Live | Nifty sector check: Autos, realty, banks surge up to 7%; IT drags

Sectorally, Nifty Auto and Realty indices jumped nearly 7 percent each, while Bank and PSU Bank indices rose over 5 percent. IT index remained largely flat, significantly lagging the market.

Markets Live | Nifty losers: Coal India, IT stocks lag; defensives underperform rally

Coal India was the top loser, down over 3 percent. IT stocks such as Tech Mahindra and Wipro, along with defensives like Nestle and Dr Reddy’s, saw mild declines, underperforming the broader rally.

Markets Live | Nifty top gainers: Shriram Finance jumps over 10%; autos, cement, financials rally

Shriram Finance led Nifty gainers with over 10 percent rise. Adani Enterprises, Eicher Motors, UltraTech Cement and Maruti Suzuki gained 7–8 percent each, reflecting broad-based buying across cyclicals.

Markets Live | Sensex surges 2,800 pts, Nifty near 24,000; breadth overwhelmingly positive

Markets remained sharply higher in afternoon trade, with the Sensex up over 2,800 points and the Nifty hovering near the 24,000 mark. Market breadth stayed extremely strong, with over 3,600 stocks advancing against fewer than 450 declines.

Nifty Today | Biocon launches Bosaya and Aukelso in the US

The global biopharmaceutical company announced the commercial launch of Bosaya (denosumab-kyqq) and Aukelso (denosumab-kyqq) in the United States.

Both products were previously approved and granted interchangeable designation by the US Food and Drug Administration in September 2025.

Biocon was quoting at Rs 350.95, up Rs 10.80, or 3.18 percent.

It has touched an intraday high of Rs 353.50 and an intraday low of Rs 344.30.

It was trading with volumes of 1,233,694 shares, compared to its five day average of 261,367 shares, an increase of 372.02 percent.

Markets@2 | Nifty above 23950, Sensex jumps 2840 points

The Sensex was up 2,841.50 points or 3.81 percent at 77,458.08, and the Nifty was up 848.20 points or 3.67 percent at 23,971.85. About 3630 shares advanced, 397 shares declined, and 87 shares unchanged.

Sensex Today | SML Mahindra sales rise 12% in March

Company's total CV sales up 12.4% at 2,393 units versus 2,129 units, YoY.

SML Mahindra was quoting at Rs 4,305.85, up Rs 343.30, or 8.66 percent. It has touched an intraday high of Rs 4,358 and an intraday low of Rs 4,108.35. It was trading with volumes of 5,716 shares, compared to its five day average of 4,479 shares, an increase of 27.63 percent.

RBI Policy: Bet on these 10 rate-sensitive stocks as MPC keeps rate unchanged

Nifty Today | Dredging Corporation of India in MoU with with Colombo Dockyard Plc

The company has entered into a significant Memorandum of Understanding (MoU) with Colombo Dockyard Plc, strengthening regional maritime cooperation between India and Sri Lanka.

Dredging Corporation India was quoting at Rs 896.55, up Rs 57.10, or 6.80 percent.

It has touched an intraday high of Rs 916.60 and an intraday low of Rs 866.75.

It was trading with volumes of 7,815 shares, compared to its five day average of 8,386 shares, a decrease of -6.81 percent.

Sensex Today | Citi keeps 'neutral' rating on Titan Company, target price at Rs 4,750

#1 Domestic jewellery business grew around 46 percent YoY versus estimate of 42 percent, driven by strong LFL

#2 Buyer growth improved to high-single digit, ticket sizes increased

#3 Studded jewellery grew in early 30s, gold in mid-30s & coin sales nearly tripled

#4 Tanishq added 8 India stores, converted 4 damas stores overseas

#5 CaratLane grew 24 percent, watches 7 percent, eyecare 16 percent & emerging businesses 17 percent

#6 Consolidated consumer revenue grew 46 percent YoY

Sensex Today | ICICI Securities upgrades TVS Motor, M&M, Ashok Leyland, Tata Motors

ICICI Securities has upgraded several auto stocks from ‘add’ to ‘buy’, including TVS Motor Company with a target price of ₹4,000, Mahindra & Mahindra with a target of ₹3,950, Tata Motors with a target of ₹490, Ashok Leyland with a target of ₹180, and ZF Commercial Vehicle Control Systems India with a target of ₹16,350.

Sensex Today | BSE Metal index rises on fifth straight session

Sensex Today | Aurobindo Pharma gets USFDA approval for Dapagliflozin and Metformin tablets

The company has received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Dapagliflozin and Metformin hydrochloride extended-release tablets in strengths of 5 mg/500 mg, 5 mg/1000 mg, 10 mg/500 mg, and 10 mg/1000 mg. These are bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Xigduo XR tablets of AstraZeneca.

These products will be manufactured at Unit IV of the company’s subsidiary, APL Healthcare, and will be launched immediately.

Dapagliflozin and Metformin hydrochloride extended-release tablets are used as an adjunct to diet and exercise to improve glycaemic control in adults with Type 2 diabetes mellitus.

Aurobindo Pharma was quoting at Rs 1,346.00, up Rs 16.40, or 1.23 percent. It has touched a 52-week high of Rs 1,369.95. It has touched an intraday high of Rs 1,369.95 and an intraday low of Rs 1,317.65. It was trading with volumes of 35,240 shares, compared to its five day average of 51,849 shares, a decrease of -32.03 percent.

Nifty Today | GAIL enters into a long-term agreement with leading Greek shipping major

The company has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier Energy Fidelity.

The charter party agreement was executed between GAIL and Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas.

GAIL India was quoting at Rs 153.60, up Rs 8.35, or 5.75 percent. It has touched an intraday high of Rs 156.40 and an intraday low of Rs 151.20. It was trading with volumes of 1,120,903 shares, compared to its five day average of 630,744 shares, an increase of 77.71 percent.

Sensex Today | Infosys announces collaboration with Harness

The company announced a strategic collaboration with Harness to accelerate agentic AI-led software delivery transformation for enterprises globally.

Infosys was quoting at Rs 1,343.55, up Rs 3.40, or 0.25 percent. It has touched an intraday high of Rs 1,377.30 and an intraday low of Rs 1,331.25. It was trading with volumes of 1,244,795 shares, compared to its five day average of 503,332 shares, an increase of 147.31 percent. In the previous trading session, the share closed up 2.60 percent or Rs 34.00 at Rs 1,340.15. The share touched a 52-week high of Rs 1,727.85 and a 52-week low of Rs 1,215.15 on 03 February, 2026 and 17 March, 2026, respectively. Currently, the stock is trading 22.24 percent below its 52-week high and 10.57 percent above its 52-week low. Market capitalisation stands at Rs 544,893.28 crore.

Realty index climbs for 5th consecutive session, becomes top Nifty gainer; Prestige, DLF rise up to 9%

Sensex Today | BSE Telecom index rises more than 3%

Nifty50 Today | OLX India appoints Varun Sanghi as non-executive chairman

Sobek Auto India (OLX India) material wholly owned subsidiary of the company, announced the appointment of Mr. Varun Sanghi as non executive chairman.

CarTrade Tech was quoting at Rs 1,873.45, up Rs 107.95, or 6.11 percent. It has touched an intraday high of Rs 1,884.60 and an intraday low of Rs 1,797.60. It was trading with volumes of 24,361 shares, compared to its five day average of 13,381 shares, an increase of 82.06 percent.

Nifty50 Today | Alkem Laboratories launches A to Z daily

Alkem Laboratories today announced the launch of A to Z Daily, an everyday multivitamin supplement for adults, for providing holistic nutritional support to the body and mind.

Alkem Laboratories was quoting at Rs 5,252.40, up Rs 88.40, or 1.71 percent. It has touched an intraday high of Rs 5,396.20 and an intraday low of Rs 5,223.50. It was trading with volumes of 51,450 shares, compared to its five day average of 1,422 shares, an increase of 3,518.65 percent.

Sensex Today | Asian markets trade higher; Nikkei up 5.3%, Hang Seng gains 3%

Markets will see a relief rally with short covering but continue to react to events: Kotak AMC's Nilesh Shah

Sensex Today | Bernstein keeps 'outperform' rating on HomeFirst, Aptus, Aadhar

#1 Constructive view driven by growth & asset quality inflection

#2 Stronger liabilities & secured assets support outlook compared to NBFCs

#3 Market-Perform: Aavas, PNB Housing Finance

Nifty50 Today | DAM Capital retains 'buy' rating on JM Financial, target Rs 160

JM Financial was quoting at Rs 127.20, up Rs 6.65, or 5.52 percent. It has touched an intraday high of Rs 128.10 and an intraday low of Rs 124.25. It was trading with volumes of 152,778 shares, compared to its five day average of 111,094 shares, an increase of 37.52 percent.

In the previous trading session, the share closed down 1.39 percent or Rs 1.70 at Rs 120.55.

The share touched a 52-week high of Rs 199.75 and a 52-week low of Rs 89.48 on 22 August, 2025 and 09 April, 2025, respectively. Currently, the stock is trading 36.32 percent below its 52-week high and 42.15 percent above its 52-week low. Market capitalisation stands at Rs 12,165.03 crore.

Nifty50 Today | India Volatility Index tumbles 20%

Risk-on sentiment will return although volatility may remain in the near-term: ABSL AMC's A Balasubramanian

Markets@1 | Sensex gains 2850 points, Nifty at 24000

The Sensex was up 2,855.13 points or 3.83 percent at 77,471.71, and the Nifty was up 854.40 points or 3.69 percent at 23,978.05. About 3596 shares advanced, 391 shares declined, and 99 shares unchanged.

Sensex Today | Goldman Sachs keeps 'buy' rating on Titan, target price at Rs 5,000

#1 Jewellery growth strong at 52 percent YoY, driven by buyer & studded segments

#2 International jewellery grew despite West Asia challenges

#3 Strong eyewear growth, while watches saw moderation

Titan Company was quoting at Rs 4,495, up Rs 264.30, or 6.25 percent.

It has touched a 52-week high of Rs 4,504.15.

It has touched an intraday high of Rs 4,504.15 and an intraday low of Rs 4,311.55.

It was trading with volumes of 159,081 shares, compared to its five day average of 36,721 shares, an increase of 333.22 percent.

RBI widens term money market access, raises borrowing limits for primary dealers

Sensex Today | All sectors trade higher; realty index jumps nearly 7%

Currency Check | Rupee trades near day's high

Indian rupee is trading higher at 92.60 per dollar against Tuesday's close of 93.

Sensex Today | Max Healthcare Institute to acquire controlling stake in Kalinga Hospital

The company board approved to enter into share purchase agreement for acquisition of controlling stake (~58.39%) in Kalinga Hospital, which operates a 250 bedded Multi-Specialty Hospital by the name of ‘Kalinga Hospital’ in Bhubaneswar, Orissa.

Max Healthcare Institute was quoting at Rs 944, up Rs 11.65, or 1.25 percent. It has touched an intraday high of Rs 952.60 and an intraday low of Rs 942.05. It was trading with volumes of 1,364,693 shares, compared to its five day average of 24,814 shares, an increase of 5,399.78 percent.

Indian bonds rise on Brent crude price plunge; RBI stays pat on interest rates

Sensex Today | Natco Pharma, SAIL, Adani Energy, among others hits 52-week high

BSE 500 Stocks touched 52-week high

Nifty Today | Prostarm Info Systems gets LoA as a subcontractor from Solarium Green Energy

The company has received a Letter of Award (LoA) as a subcontractor from Solarium Green Energy for executing complete engineering, procurement, and construction (EPC) works worth Rs 165 crore for a 50 MWac solar PV power project, excluding three years of operation and maintenance (O&M) services in Maharashtra.

Additionally, the company has signed a Memorandum of Understanding (MoU) with Shenzhen Topband Co to explore a potential strategic alliance for exclusive cooperation in battery energy storage systems (BESS).

The company has signed a residential high-rise project in Goregaon (West), Mumbai. The project has a topline potential of around Rs 2,400 crore, with a total saleable carpet area of approximately 0.67 million sq ft.

Sensex Today | Arvind SmartSpaces signs a residential project in Goregaon, Mumbai

The company has signed a residential high-rise project in Goregaon (West), Mumbai. The project has a topline potential of around Rs 2,400 crore, with a total saleable carpet area of approximately 0.67 million sq ft.

The project is being developed in partnership with Sigma Oxford Realtors.

Nifty50 Today | LIC board to consider bonus issue on April 13

A meeting of the board of directors of the Life Insurance Corporation of India is scheduled to be held on Monday, April 13, 2026 to consider and recommend a proposal for issue of bonus shares, subject to the approval of the shareholders of the corporation.

Life Insurance Corporation of India was quoting at Rs 798.25, up Rs 54.90, or 7.39 percent. It has touched an intraday high of Rs 803.40 and an intraday low of Rs 774.05. It was trading with volumes of 255,401 shares, compared to its five day average of 109,528 shares, an increase of 133.18 percent.

Sensex Today | Muthoot Finance board to consider interim dividend

The Board of Directors will meet on April 10 to consider an interim dividend for the financial year 2025–26.

Muthoot Finance was quoting at Rs 3,460.05, up Rs 218.30, or 6.73 percent.

It has touched an intraday high of Rs 3,487.00 and an intraday low of Rs 3,360.00.

It was trading with volumes of 34,728 shares, compared to its five day average of 26,631 shares, an increase of 30.41 percent.

Sameer Sawant, Research Analyst, Mirae Asset Sharekhan

We believe RBI has taken careful note of the fact that uncertainty in global environment has increased and proactive management is need of the hour. On liquidity front they have ensured that they will maintain sufficient liquidity that meets growth requirement, which is positive. Also, RBIs proposal to remove specific conditions tied to NPA provisioning for including quarterly profits in CRAR calculation and removal of requirement of investment fluctuation reserve is positive for Banks. Furthermore, new measures to streamline regulatory instructions and support the MSME sector are aimed to enhance the Ease of Doing Business. By balancing a neutral policy stance with domestic support, the RBI seeks to navigate geopolitical volatility while ensuring that credit market transmission remains productive and sustainable.

Markets@12 | Sensex jumps 2840 points, Nifty around 24000

The Sensex was up 2,842.08 points or 3.81 percent at 77,458.66, and the Nifty was up 839.80 points or 3.63 percent at 23,963.45. About 3569 shares advanced, 392 shares declined, and 92 shares unchanged.

Nifty Today | Ashiana Housing Q4 Area booked rises 32%

#1 Area booked rises 32% to 11.19 lakh sqft Vs 8.48 lakh sqft, YoY

#2 Value of area sold jumps 124.4% to Rs 1,289.7 crore Vs Rs 574.7 crore, YoY

#3 Number of units booked at 665 units Vs 597 units, YoY

Nifty50 Today | Angel One client base rises, Number of orders fall in March 2026

#1 Client base up 1.3% MoM & up 20.5% YoY at 37.39 million

#2 Number of orders down 2.8% MoM & up 37.1% YoY at 139.98 million

#3 Average daily orders up 7.4% MoM & up 37.1% YoY at 7.37 million

#4 Gross client acquisition down 10.7% MoM & up 7.5% YoY at 0.51 million

Lata Pillai, Senior Managing Director and Head - Capital Markets, India, JLL

The RBI's decision to hold the repo rate steady at 5.25% for the second successive time comes in the wake of geopolitical headwinds which have clouded growth outlook prospects.

India's fundamentals remain on a strong footing as evidenced by the RBI maintaining its neutral stance. The country has been able to manage the crude oil supply situation for now, and headline inflation remaining below target provides enough headroom. However, energy price increases and weather disturbances have increased the upside risks to inflation projections. Dislocations to supply chains and secondary shocks emanating from them are also expected to pose challenges to growth. The West Asia conflict finds mention with its impact on growth projections, but India's resilience shines through with GDP growth projected at a very robust 7.6% for FY26 and 6.9% for FY27 with some quarterly adjustments.

While global uncertainties have increased, the repo rate stability provides an insight into the RBI's confidence in India weathering the storm in a calibrated manner and keeping its growth journey intact. The current approach also works well in the current instance of managing growth along with the twin focus of inflation and currency management. This will maintain stability in borrowing costs while aiding consumer spending as well as provide a more certain environment for business.

The current policy stance will continue to act as support to the prevailing momentum in the real estate market. We expect increases in construction costs due to rising energy prices and supply chain disruptions. In such a scenario, a stable interest rate environment with previous rate cut transmissions still cycling through will lend stability to the residential markets. The current sluggishness in residential sales in the first quarter of 2026 is already a signal that rising prices are beginning to hit affordability and uncertainty is affecting buying decisions. We will keep a close watch on the coming quarters as market participants will have to come together to navigate these uncertain times to ensure momentum remains intact and is restored going forward.

Nifty50 Today | BSE Auto index surges more than 6%; extends gain on third consecutive day

Swapnil Aggarwal, Director, VSRK Capital

The decision of the RBI to maintain the repo rate constant at 5.25 per cent is realistic and prudent. Even though the inflation rate has significantly fallen and the circumstances are within the set limits by the RBI, the RBI has pointed out some indicative signs of crude oil prices and logistics disruptions owing to geopolitical issues.

There is an economic slowdown and an increase in geopolitical risks, which can lead to a slowdown in the growth rate of India.

The decision of the RBI to maintain the rate constant is an example of policy inertia. To conclude, the decision is an indication of striking a balance between the different objectives of the RBI concerning the inflation issue in a developing country.

Ravi Singh – Chief Research Officer (Research) – Master Capital Services

The Reserve Bank of India's Monetary Policy Committee (MPC) held repo rate steady at 5.25% with a neutral stance, marking the second consecutive pause following the 25-basis point cut in December. The decision came largely in line with market expectations.

On the growth front, real GDP for year ended FY26 has been revised to 7.6% under the new GDP series. For FY27, GDP projection stands at 6.9% with Q1 at 6.8%, Q2 at 6.7%, Q3 at 7%, and Q4 at 7.2%, respectively, with H2 expected to gather pace.

CPI inflation for FY27 is now expected at 4.6% with core inflation at 4.4%. The Committee flagged that rising energy costs could uplift imported inflation and widen the current account deficit. Further, global trade is expected to lose momentum through 2026 compared to 2025. On liquidity, the RBI reiterated its commitment to maintain adequate banking system liquidity, while clearing that foreign exchange interventions remain aimed solely at curbing excessive volatility, not anchoring any specific exchange rate level.

Vaibhav Chugh, CEO, Abakkus Mutual Fund

MPC has unanimously decided to keep policy rates unchanged. The stance continues to remain neutral, indicating a balanced approach between growth and inflation.However, sharp rise in energy prices coupled with increased geopolitical tensions can’t be ignored. And thus, RBI is maintaining status quo for now with a watchful eye.

Price Action: HPCL, IOC, Petronet rally upto 8%; ONGC, Oil India dragged lower

Sensex Today | Operations are now back to normal levels: Jubilant FoodWorks

The availability of energy supply has improved over the past weeks and operations are now back to normal levels, company said in its exchange filing.

The company added that it remains confident about its core strengths and achieving its strategic objectives. On the back of strong fundamentals and a disciplined approach to execution the Company is well equipped to address short-term challenges while continuing to drive sustainable growth and creating long-term value for its shareholders.

Sensex Today | HFCL bags order worth Rs 1,366 crore for supply of optical fiber cables

HTL, a material subsidiary of the company has secured orders worth Rs 1366 crore , from a renowned Tier-1 customer for the supply of optical fiber cables.

HFCL was quoting at Rs 75.22, up Rs 2.58, or 3.55 percent.

It has touched an intraday high of Rs 76.39 and an intraday low of Rs 74.70.

It was trading with volumes of 752,864 shares, compared to its five day average of 1,136,033 shares, a decrease of -33.73 percent.

Sensex Today | India Volatility index down more than 20%

Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS

The RBI’s decision to maintain the repo rate and its Neutral stance did not come as a surprise and was already priced in. For now, we believe this could be the end of the rate cut cycle, and the RBI will pause rates from here. Although a 2-week ceasefire has been announced, risks persist, posing a downward risk to GDP growth estimates and an upward revision risk to inflation estimates. The RBI has already revised its Q1/Q2 inflation/GDP estimates to reflect the dynamic geopolitical risks. However, any further escalation in the West Asia conflict that negatively impacts inflation or GDP estimates could possibly prompt the regulator to reverse the rate cycle earlier than anticipated.

For banks, Q4 appears to be a strong quarter with credit growth having picked up meaningfully; though, deposit competition remains intense. All eyes will remain on commentary regarding possible headwinds to growth due to geopolitical uncertainty, especially for MSMEs, Vehicle Finance, and Corporate credit in oil-sensitive sectors. While a ceasefire has been announced for 2 weeks, any further escalation in the West Asia war could impair credit momentum, at least in H1FY27. Margins would remain divergent with SFBs and Mid-sized private banks outperforming the larger banks. Commentary on NIM movement over H1FY27 remains critical, especially with CoD remaining sticky. Q4 is seasonally the strongest quarter for asset quality, and this quarter is expected to be no different. However, focus will remain on management commentary on potential risks arising from geopolitical uncertainty and its implications on lenders' asset quality. We would remain selective in our stock selection approach and favour banks with diversified portfolios, strong deposit franchise, adequate capitalisation, and attractive valuations. Presently, we prefer ICICI Bank, Kotak Mahindra Bank, and SBI amongst the larger banks, and Federal Bank, AU SFB, and Ujjivan SFB amongst the mid/smaller banks.

Sensex Today | HSBC initiates 'buy' rating on ICICI Prudential Asset Management Company, target price at Rs 3,600

#1 Company set to outperform peers on key operating & financial metrics over medium term

#2 Well-positioned to manage yield pressure, EPS to track AUM growth

#3 Around 20 percent AUM CAGR expected over FY26–29

ICICI Prudential Asset Management Company was quoting at Rs 3,155.90, up Rs 142.40, or 4.73 percent. It has touched an intraday high of Rs 3,186.00 and an intraday low of Rs 3,093.

Santosh Meena, Head of Research at Swastika Investmart

The Reserve Bank of India’s Monetary Policy Committee today kept the repo rate unchanged at 5.25% with a unanimous vote and maintained the neutral policy stance. Governor Sanjay Malhotra highlighted that the ongoing conflict in West Asia has increased risks to both inflation and growth outlooks due to higher energy prices and supply disruptions.

While India’s domestic economy remains on a strong footing with resilient demand, the RBI has adopted a cautious approach amid global uncertainties, ensuring adequate liquidity support for credit growth. Updated projections for FY27 GDP growth and CPI inflation are expected to reflect these external pressures.

Technically, the Nifty has decisively crossed its critical 20-DMA as well as the key psychological level of 23,500. This bullish breakout opens the door for further upside, with an immediate target of 24,300. A sustained move above 24,300 could trigger stronger momentum towards the next resistance zone. On the downside, 23,500 is now expected to act as a strong support level.

Similarly, the Bank Nifty has successfully cleared important hurdles and is showing relative strength. The immediate resistance lies at 55,555; a clean break above this level could propel the index towards the 57,000 mark. Meanwhile, 54,000 should now serve as a solid near-term support.

Sensex Today | Nifty Smallcap index gains more than 4%; CDSL, Force Motors, Inox Wind, Ola Electric, among top contributors

Nifty Today | Clean Max Enviro Energy Solutions start 185 MW hybrid renewable energy project

The renewable energy solutions provider announced the commissioning of its 185 MW hybrid renewable energy project at Kalavad, which is expected to add over Rs 165 crore annually to its revenue base in FY27 once stabilised.

Comprising integrated solar and wind capacity, the project has been developed over approximately 12 months and will supply green energy to 17 corporate customers.

Clean Max Enviro Energy Solutions was quoting at Rs 865, up Rs 20.80, or 2.46 percent. It has touched an intraday high of Rs 870.40 and an intraday low of Rs 855.60.

K. H. Patnaik, Chief Ratings Officer, Brickwork Ratings

The RBI’s decision to keep the repo rate unchanged at 5.25% shows a careful balance between controlling inflation and supporting growth. The timing is important: global oil prices fell after a temporary ceasefire in the Iran–US conflict, but uncertainty about how long this will last remains high.

For India, the pause provides some relief, as imported inflation pressures are lower for now while domestic demand stays strong. By maintaining a neutral stance, the MPC has signalled flexibility to act decisively should the geopolitical shocks or commodity price swings return.

Stability in the policy rate helps keep borrowing costs predictable and supports credit flows to households and businesses. Looking ahead, much will depend on how global conditions evolve. If oil stabilizes and inflation eases further, the RBI may gain room to support growth more actively in the coming quarters.

Shishir Baijal, International Partner, Chairman & Managing Director, Knight Frank India

The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% reinforces a sense of stability at a time when global economic conditions remain uncertain. In the face of external pressures such as geopolitical tensions, volatile energy prices, and currency movements, maintaining the status quo provides much-needed predictability to the broader economy.

For the real estate sector, this continuity in interest rates plays a crucial role in sustaining momentum. Stable borrowing costs help preserve affordability for homebuyers while also enabling developers to plan with greater confidence.

In an environment where sentiment can be easily influenced by macroeconomic signals, the absence of rate volatility acts as a reassuring factor for the market. With financing costs remaining steady, prospective buyers are better positioned to evaluate and commit to long-term investments such as homeownership.

Overall, the RBI’s decision supports a balanced environment for the real estate sector, helping maintain demand traction and providing the confidence needed for continued market activity in the near term.

Markets@11 | Sensex jumps 2900 pts, Nifty nears 24000

The Sensex was up 2,901.43 points or 3.89 percent at 77,518.01, and the Nifty was up 860.40 points or 3.72 percent at 23,984.05. About 3511 shares advanced, 338 shares declined, and 93 shares unchanged.

Ajit Mishra – SVP, Research, Religare Broking

The RBI’s decision to maintain the repo rate at 5.25% while retaining a neutral stance reflects a calibrated approach amid rising global uncertainties. While domestic growth remains resilient—with FY27 GDP projected at 6.9%—heightened geopolitical tensions and volatile crude prices warrant caution.

By staying on pause, the central bank aims to keep inflation aligned within its comfort band, even as it preserves flexibility to respond to external shocks and currency pressures, ensuring the Indian economy remains on a steady expansion path.

N. ArunaGiri, CEO of TrustLine Holdings

On the RBI policy, the outcome was largely on expected lines, with a neutral stance and no change in policy rates. To that extent, there were no major surprises or headline announcements.

However, the key takeaway from the policy lies in the RBI’s assessment of the impact of ongoing geopolitical tensions. The central bank has indicated only a marginal impact on both inflation and GDP growth projections, which is noteworthy in the current global context.

This provides a significant degree of comfort and reinforces the broader narrative of macro resilience for the Indian economy. In our view, this remains the most important signal from the policy, underscoring the strength and stability of the underlying macro environment.

Nifty50 Today | BSE Capital Goods index surges 3%; KEI Industries, Inox Wind, Kirlosker Oil, among top gainers

Garima Kapoor Deputy Head of Research and Economist at Elara Capital

Acknowledging the risks to growth and inflation owing to disruption in energy and other supply chains, MPC decided to hold policy rates while awaiting further clarity on the impact of West Asian crisis.

We do not see MPC hiking policy rates until CPI inflation durably surpasses 6% and inflation expectations get unhinged.

We believe the 6.9% growth estimate put out by RBI for FY27 may need a reassessment as full pre-war energy export volumes might take 3–6 months due to backlog, diverted tankers, and partial infrastructure damage.

RBI Policy: MPC keeps repo rate unchanged at 5.25%, maintains 'Neutral' stance

Currency Check | Rupee trades higher

Indian rupee is trading higher at 92.68 per dollar on Wednesday versus previous close of 93.

Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Group

By underscoring upside risks to inflation and downside risks to growth, driven mainly by global uncertainties and especially the hostilities in West Asia, the Reserve Bank of India’s Monetary Policy Committee chose to maintain the status quo on both the policy rate and the policy stance.

The decision was largely in line with expectations. From here, the RBI is likely to continue with a data-dependent approach, suggesting an extended pause in rates.

The broader policy stance is also likely to remain neutral, although liquidity conditions may continue to be managed in an accommodative manner. Overall, this policy mix appears neutral to marginally supportive for equities, fixed income and the foreign exchange market.

RBI lifts FY26 GDP growth estimate to 7.6%, sees FY27 slowing to 6.9%

Sensex Today | Nifty PSU Bank index rises nearly 5%; Bank of India, Union Bank of India, Bank of Baroda, among top contributors