Market News

On Friday, both the Sensex and the Nifty ended in green. While the Sensex gained 1.20%, the Nifty 50 closed 1.16% higher.

Shares of Amir Chand Jagdish Kumar have continuously hit lower circuits since listing. The stock has fallen more than 40% from its issue price amid weak sentiment and low investor confidence.

Honasa Consumer shares jumped 7% after a strong Q4 business update. The Mamaearth owner expects around 20% growth, driven by its main brand and newer labels, helped by steady margins and physical store sales.

Ola Electric shares jumped 16%, with volumes crossing 500 million, after its LFP battery update. The stock is up 58% from March lows. Read more to understand what’s driving momentum.

Info Edge reports ₹1,057 crore Q4 billings, up 7.45% but below estimates. Stock falls as hiring and 99acres growth slow. Read more to understand what’s next for FY27.

Bosch shares gained after the company approved a ₹9,068 crore acquisition of Bosch Chassis Systems India. The deal is aimed at strengthening its capabilities in integrated vehicle systems and safety technologies.

Oil prices jumped after Iran closed the Strait of Hormuz, blaming the US and Israel for ceasefire violations. Brent crude rose to $97.02 per barrel, and prices can remain volatile and elevated through 2026.

GQG Partners sold 1.3 crore shares in ITC Hotels via a ₹197 crore block deal. The deal resulted in a share dilution, and the shares closed at a premium.

Iran is allegedly intending to impose charges on oil that passes the Strait of Hormuz and increase measures of control. The action is taken against the background of continuous ceasefire tensions and may affect the global oil flows in trade.

KEC International has secured new orders worth ₹2,518 crore across civil, transmission, transportation, and cable segments. The winning deals indicate good order momentum and diversification of the portfolio.

Amid renewed Middle East tensions, both Sensex and Nifty 50 opened lower on Thursday, 9 April 2026. However, indices like Nifty Metal and Nifty Auto were in the green.

Indian markets rallied on the ceasefire and falling crude prices, but experts warn of overbought conditions. Key stocks in focus include TCS, NHPC, NTPC, KEC International, Redtape and Lupin.