< -5%

-5% to -3%

Super Tannery

-3% to 0%

Bhartiya Inter

Sreeleathers

Euro Leder

Aritas Vinyl

0% to 3%

Superhouse

3% to 5%

AKI India

Phoenix Intl

NB Footwear

The Nifty realty index emerged as the top sectoral gainer on Wednesday, extending its rally for the fifth consecutive session, supported by gains in key stocks such as Prestige Estates Projects, DLF among others.

The realty index rose about 7 percent during the session and has gained over 14 percent in the last five trading sessions.

Today's sharp rally followed the Reserve Bank of India’s decision to keep the key policy rate unchanged, maintaining a cautious stance amid global uncertainties.

The central bank’s six-member Monetary Policy Committee unanimously decided to hold the benchmark repo rate at 5.25 percent, citing heightened uncertainty after the West Asia conflict impacted crude prices, weakened the rupee and disrupted trade flows. The policy stance was retained at neutral.

Commenting on the policy decision, Experion Developers Vice Chairman B K Malagi said stability in interest rates supports the housing sector by maintaining affordability and enabling long-term planning.

Prestige Estates Projects was the top gainer on the index, rising around 9 percent. The stock also saw buying interest after the company reported a 10 percent increase in pre-sales to Rs 7,697 crore in the fourth quarter of the previous fiscal. According to its operational update, the company’s pre-sales rose to Rs 30,024 crore in 2025-26, marking a 76 percent increase over the preceding year.

Among other major stocks, DLF, Godrej Properties and Oberoi Realty advanced between 5 percent and 7 percent.

Ajit Mishra, SVP – Research at Religare Broking, said &quot;Realty had witnessed a sharp correction in the recent corrective phase and was trading in extreme oversold conditions. And, we're seeing noticeable recovery today, in sync with other rate sensitive like banking and auto. However, participants should stay selective after this bounce and stick only with the quality names for fresh buying as earnings will largely dictate the trend from hereon.&quot;

The RBI’s decision comes amid ongoing geopolitical tensions, including the US-Iran conflict, which has weighed on the sector, of late.

The residential real estate sales are showing signs of weakness after a period of stability, with the National Capital Region and Pune witnessing the highest stress, according to Knight Frank India.
Housing market showing signs of slowdown, Iran war weighs on sentiment: Knight Frank
Gulam Zia, senior executive director at Knight Frank India, said the market had been on an extended upcycle and a correction was expected given the cyclical nature of real estate.

Data for the March quarter showed overall sales declined compared to the year-ago period, while new launches continued to outpace sales across most markets.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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

HPCL, IOC surged as crude prices cooled, ONGC, Oil India fell, LIC gained 6 percent, Titan rose 4 percent on strong updates, BSE Midcap 150 and SmallCap 250 indices climbed over 3 percent

* HPCL, IOC surged as crude prices cooled, ONGC, Oil India fell
* LIC gained 6 percent, Titan rose 4 percent on strong updates
* BSE Midcap 150 and SmallCap 250 indices climbed over 3 percent

Indian equities rallied after a US-Iran ceasefire eased Middle East tensions. Refiners surged as crude prices fell, while upstream oil stocks dropped. LIC rose on bonus share plans. Broader markets gained, with positive breadth and RBI policy unchanged.

shorts/business/price-action-hpcl-ioc-petronet-rally-upto-8-ongc-oil-india-dragged-lower

Indian equities witnessed stock-specific action, with several stocks registering sharp gains and losses as markets rallied after the United States and Iran agreed to a two-week ceasefire, easing turbulence linked to the Middle East conflict.

HPCL, IOC and Petronet LNG surged up to 8 percent as crude oil prices cooled off, benefiting downstream companies. In contrast, ONGC and Oil India declined, as lower crude prices remain negative for upstream players while supporting refiners such as HPCL, BPCL and Indian Oil.

Catch all the market action on our live blog

Life Insurance Corporation of India gained 6 percent after the company announced a proposal to reward shareholders. In an exchange filing on April 7, LIC said it will hold a board meeting on April 13 to consider issuing bonus shares.

Titan rose 4 percent after reporting a strong Q4 business update, led by robust growth in its core jewellery segment and overall consumer business.

The broader market also saw strong gains, with the BSE Midcap 150 index rising 3.6 percent and the BSE SmallCap 250 index climbing 3.5 percent.

Among midcaps, Ashok Leyland, Prestige Estates and NAM India gained, while Oil India, NALCO, Lupin and Ipca Labs were among the major losers.

In the smallcap segment, Aditya Birla Retail, Gallantt Ispat and Cholamandalam Financial advanced, while Zydus Wellness, ACME Solar, FSL and JB Chemicals &amp;amp; Pharma declined.

Market breadth remained positive, with 3,625 stocks advancing and 387 declining on the BSE, indicating broad-based participation. Indian markets extended gains for a fifth consecutive session, reflecting a return of dip-buying interest after a sharp correction. The recovery followed a shift in geopolitical expectations after the United States and Iran agreed to a temporary ceasefire linked to the reopening of the Strait of Hormuz.

Meanwhile, the Reserve Bank of India’s Monetary Policy Committee maintained the status quo on both the policy rate and stance, in line with expectations, and signalled a continued data-dependent approach going ahead.

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

Aviation and tourism stocks surged after US-Iran ceasefire news, L&T jumped 7.7 percent as Middle East concerns eased, Arvind Smartspaces rose 14 percent after Mumbai project deal

* Aviation and tourism stocks surged after US-Iran ceasefire news
* L&T jumped 7.7 percent as Middle East concerns eased
* Arvind Smartspaces rose 14 percent after Mumbai project deal

Aviation and tourism stocks surged after a US-Iran ceasefire, with IndiGo, Indian Hotels, and others rising. L&T jumped 7.7% due to eased Middle East concerns. Swan Defence, Prostarm Info Systems, and Arvind Smartspaces gained on new orders and project deals.

shorts/business/buzzing-stocks-aviation-l-t-gain-it-stocks-remain-under-pressure

Several stocks remained in focus on April 8 as corporate developments, deal wins and the United States and Iran agreeing to a two-week ceasefire drove market activity.

Aviation and tourism stocks surged after the ceasefire announcement, which offered respite from turbulence linked to the Middle East conflict. IndiGo jumped 10 percent, Indian Hotels gained 6 percent, The Leela Hotels rose 5 percent, GMR Airports gained 5 percent, while Chalet Hotels, ITC Hotels and EIH Hotels advanced 3–4 percent. IRCTC gained 3.2 percent.

Larsen &amp;amp; Toubro (L&amp;amp;T) surged 7.7 percent following the ceasefire development. The stock had earlier declined due to its high exposure to the Middle East, estimated at around 37–40 percent of its order book and revenue, which had raised concerns over potential project disruptions, rising costs and employee safety amid the escalating conflict.

IT stocks remained largely flat and did not participate in the rally amid profit booking. Tech Mahindra fell 1 percent, while Infosys and TCS traded flat. Mphasis and Wipro declined around 0.5 percent. The sector had seen gains in the previous four sessions.

Swan Defence and Heavy Industries rose 5 percent after securing a new order worth Rs 1,500–3,000 crore from Energy ONE for the construction of four 92,500 DWT dual-fuel ammonia bulk carriers. These will be the first ammonia dual-fuel ships to be built in India, with the first vessel expected to be delivered in October 2029.

Prostarm Info Systems gained 9 percent after receiving a Letter of Award as a subcontractor from Solarium Green Energy for executing complete engineering, procurement and construction works worth Rs 165 crore for a 50 MWac solar PV power project in Maharashtra, excluding three years of operation and maintenance services.

Arvind Smartspaces jumped 14 percent after signing 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, and is being developed in partnership with Sigma Oxford Realtors.

Buzzing stocks: Aviation, L&T gain; IT stocks remain under pressure

Bank stocks jumped up to 8% as RBI held rates steady., Nifty Bank up over 5%, extends winning streak to 5 days., RBI maintained repo rate at 5.25 percent, citing inflation easing.

* Bank stocks jumped up to 8% as RBI held rates steady.
* Nifty Bank up over 5%, extends winning streak to 5 days.
* RBI maintained repo rate at 5.25 percent, citing inflation easing.

Banking shares surged up to 8% after RBI kept rates unchanged at 5.25%, citing easing inflation and global recovery hopes post US/Israel-Iran ceasefire. Nifty Bank index rose over 5%, with all constituents in the green and financials leading sector gains.

shorts/business/bank-shares-rally-ahead-of-rbi-mpc-announcement-shortly-mirror-benchmarks-on-us-iran-ceasefire-axis-icici-bank-up-5

Banking shares rallied up to 8 percent on Wednesday after the Reserve Bank kept interest rates unchanged, in line with expectations, amid hopes of a global recovery following a ceasefire in the six-week-long US/Israel-Iran conflict.

Announcing the first bi-monthly monetary policy of the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) unanimously decided to retain the short-term lending rate, or repo rate, at 5.25 percent, while maintaining a neutral stance.

The Nifty Bank index extended gains for the fifth straight session, rising over 5 percent to hit a high of 55,552.25. The index has gained more than 10 percent in the past five trading sessions.

All 14 constituents of the Bank Nifty traded in the green.

AU Small Finance Bank was the top gainer, rising over 8 percent. Union Bank of India and IndusInd Bank followed, gaining 7.82 percent and 6.33 percent, respectively.

Heavyweights HDFC Bank, ICICI Bank and State Bank of India rose between 3 percent and 5 percent.

All the rate-sensitive sectors advanced, with financials leading the gains, while auto and realty stocks rose up to 7 percent.

The Nifty PSU Bank index climbed over 5 percent, while the Nifty Private Bank index gained 4.7 percent.

Meanwhile, the RBI Governor said the Iran conflict has weighed on the country’s growth and inflation outlook, adding that the central bank remains vigilant and ready to act pre-emptively on liquidity management.

The pause in rate action comes as consumer price index-based retail inflation eased closer to the RBI’s medium-term target of 4 percent, at 3.21 percent in February.

The policy decision follows a month-and-a-half-long West Asia conflict that disrupted energy supplies, pushed up crude oil prices and created fiscal and inflationary pressures for import-dependent countries like India.

This is the first monetary policy review after the government last month retained the inflation target for the RBI at 4 percent, with a margin of 2 percent on either side, for another five-year period ending March 2031.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Bank shares rally as RBI keeps policy rate unchanged; AU SFB, Axis, HDFC Bank rise up to 8%

Stocks in Focus on April 8: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation

* Stocks in Focus on April 8: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation

shorts/business/stocks-to-watch-today-infosys-aurobindo-pharma-swan-defence-arvind-smartspaces-prostarm-info-cleanmax-icra-dredging-corporation-in-focus-on-08-april

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Quarterly Business Update

Ashiana Housing Q4 (YoY)

Area booked rises 32% to 11.19 lakh sqft Vs 8.48 lakh sqft

Value of area sold jumps 124.4% to Rs 1,289.7 crore Vs Rs 574.7 crore

Number of units booked at 665 units Vs 597 units

Stocks to Watch

Infosys

The company announced a strategic collaboration with Harness to accelerate agentic AI-led software delivery transformation for enterprises globally.

GAIL (India)

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.

Aurobindo Pharma

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.

Biocon

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.

Swan Defence and Heavy Industries

The company has received a new order worth Rs 1,500–3,000 crore from Energy ONE for the construction of four 92,500 DWT dual-fuel ammonia bulk carriers.

These will be the first ammonia dual-fuel ships built in India. The first vessel is expected to be delivered in October 2029.

Prostarm Info Systems

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&amp;amp;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.

Arvind SmartSpaces

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.

Clean Max Enviro Energy Solutions

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.

Aditya Birla Capital

The Competition Commission of India has approved a primary capital investment of around Rs 2,750 crore in the company’s subsidiary, Aditya Birla Housing Finance, from Indriya, one of the entities of Advent International.

Dredging Corporation of India

The company has entered into a significant Memorandum of Understanding (MoU) with Colombo Dockyard Plc, strengthening regional maritime cooperation between India and Sri Lanka.

Muthoot Finance

The Board of Directors will meet on April 10 to consider an interim dividend for the financial year 2025–26.

SRF

The Assessment Unit of the Income Tax Department has issued a final assessment order wherein additions to taxable income aggregating Rs 30.54 crore were made. However, a technical error resulted in a tax demand of Rs 327.44 crore, including interest of Rs 101.77 crore.

The said demand is due to a technical error on the part of the Income Tax Department. The management believes the entire demand will be reversed upon rectification of the error, for which a rectification application has been filed. As a precautionary measure, the company has also filed an appeal before the Income Tax Appellate Tribunal (ITAT).

Aditya Birla Real Estate

The company’s subsidiary, Birla Estates, has achieved bookings exceeding Rs 1,600 crore for its luxury project, Birla Arika Phase 2 in Gurugram.

Nearly 97% of the residences (152 out of 156 units) were sold within a month of launch, underlining strong buyer confidence in the brand’s luxury developments.

Bulk Deals

ICRA

Nippon India Mutual Fund has purchased an additional 1.44 lakh shares (1.5% stake) in ICRA for Rs 73.56 crore through two transactions, at a price of Rs 5,075 per share.

Nippon Life India Trustee, through its Nippon India Small Cap Fund, already held a 6.88% stake in the rating agency as of March 2026.

Cello World

Goldman Sachs Funds, through its Goldman Sachs India Equity Portfolio, sold 13.82 lakh shares (0.62% stake) in Cello World at Rs 401 per share, valued at Rs 55.45 crore.

The global fund house held a 1.34% stake in the company as of December 2025.

Mahanagar Gas

Eastspring Investments India Equity Open Fund, part of Prudential plc, offloaded 7.25 lakh shares (0.73% stake) for Rs 69.39 crore at Rs 957.01 per share.

Eastspring Investments held a 1.14% stake in Mahanagar Gas prior to the transaction.

Sai Parenterals

Non-institutional investor Bhaskara Rao Bollineni has purchased an additional 5.12 lakh shares (1.15% stake) in the company at Rs 409.25 per share, valued at Rs 20.96 crore.

Bhaskara Rao already held a 2.9% stake in the company as of March 2026.

Stock Trades Ex-Dividend

Varun Beverages

Stock Trades Ex-Date for Rights

Gravity India

Stock in F&amp;amp;O Ban

Sammaan Capital

Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April

Leather Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Leather industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q4 FY25-26

Stock News

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

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

Buzzing stocks: Aviation, L&T gain; IT stocks remain under pressure

Bank shares rally as RBI keeps policy rate unchanged; AU SFB, Axis, HDFC Bank rise up to 8%

Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April

Leather Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Leather industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q4 FY25-26

Stock News

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

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

Buzzing stocks: Aviation, L&T gain; IT stocks remain under pressure

Bank shares rally as RBI keeps policy rate unchanged; AU SFB, Axis, HDFC Bank rise up to 8%

Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April

Leather Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Leather industry stocks.