Share Market News

Early gains faded on 29 April 2026. Markets ended higher but came off sharply from the day’s highs. Profit booking at higher levels kept the upside limited. The near-term trend remains mixed.

Star Health shares jumped 13% after Q4 FY26 net profit soared to ₹111.34 crore from just ₹51 lakh a year ago. Full year profit after tax rose 16% to ₹911 crore.

A solid fourth quarter for CEAT. This was led by strong revenue and profit growth. The focus now shifts to margin sustainability, raw material costs, and how demand holds up across markets.

Hindustan Zinc set 30 April as the record date for a ₹11 interim dividend, with 29 April as the last day to buy shares.

Dalmia Bharat reported an 11% YoY drop in Q4 profit to ₹394 crore despite modest revenue growth; strong EBITDA gains, while shares fell 3.47% following the announcement.

Indian promoters have invested over $4 billion in their own companies in 2026, reversing two years of $56 billion in selling as valuations normalised following a sharp market correction.

Coca-Cola’s volumes grew 3%, and revenue climbed 12% in Q1 2026, supported by India, even as demand in parts of its ready-to-drink portfolio remained under pressure in the market.

Garden Reach Shipbuilders & Engineers (GRSE) reported a 24% YoY rise in Q4 FY26 net profit to ₹303 crore, with revenue up 29% to ₹2,119 crore. The board recommended a final dividend of ₹6.70 per share, and FY26 PAT grew 42% to ₹748 crore.

Dhanlaxmi Bank posted a 50% rise in Q4 FY26 net profit to ₹43.49 crore. Full year profit crossed ₹100 crore for the first time as advances grew 24% and asset quality improved.

Airtel Africa plans to raise up to $2B via Airtel Money IPO, targeting a $10B valuation with London as the likely venue. Read more to understand its fintech growth story.

Maruti Suzuki India reported a 6.4% YoY dip in Q4 FY26 consolidated net profit to ₹3,659 crore, weighed down by mark-to-market impact, even as revenue jumped 28% to ₹52,462 crore. The board recommended a final dividend of ₹140 per share for FY26.

Eternal Ltd, the parent of Zomato and Blinkit, reported a sharp 346% YoY jump in Q4 FY26 consolidated net profit to ₹174 crore, surpassing estimates. Revenue rose 196% YoY to ₹17,292 crore, driven largely by strong momentum in Blinkit’s quick commerce business.

The Indian stock market indices opened higher on Wednesday, with both Nifty50 and Sensex gaining more than 0.4%. The primary reasons that could lead to market volatility include the Middle East uncertainty, the rupee’s decline, and state elections.

Leela Palaces Hotels & Resorts reported a 46% rise in Q4 FY26 profit to ₹172 crore, supported by higher revenue. The company also posted strong full-year earnings growth and announced a new investment in the real estate and hospitality space.

Sapphire Foods posted strong Q4 FY26 growth led by KFC, with revenue up 11% and EBITDA improving, but its profitability reduced.

Bandhan Bank reported a strong Q4 FY26 with PAT rising 68% YoY to ₹534 crore, courtesy of steady growth in revenue, improving quality of assets, and 10% growth in deposits.

Castrol India reported a steady Q4 FY26 with PAT rising almost 4% YoY to ₹242.18 crore and a full-year profit of ₹949.93 crore.

Markets stayed weak, but earnings kept stocks buzzing. CEAT and Bandhan Bank impressed, REC disappointed, while several insurers and GRSE posted steady numbers. More Q4 results arrive today.

Sensex fell 416.72 points, while the Nifty slipped 97 to close at 23,995.70. The GIFT Nifty was around 24,038, hinting at a slightly weak start on 29 April 2026, as global markets remain mixed and the US-Iran situation continues to keep investors cautious.

Early gains were reversed on 28 April 2026. Markets ended in the red. Global weakness and pressure in banking stocks dragged sentiment lower. Caution continues to remain.

SEBI is evaluating a uniform framework to allow intraday addition of options strike prices. Through them, SEBI looks forward to improving trading efficiency and price discovery.

Acko General Insurance has appointed ICICI Securities, Kotak Mahindra Capital, and Morgan Stanley for its IPO, as per reports. It is targeting a valuation of up to USD 2.5 billion.

A larger quick commerce push from Amazon is changing the competitive landscape. Expanding to 100 cities has already weighed on Eternal and Swiggy shares. Investors are now watching pricing and profitability closely.

Coal India reported a steady Q4 FY26 performance with net profit rising 12% YoY to ₹10,908 crore and revenue growing 6%. The company has declared a dividend of ₹5.25 per share.

Peak XV Partners fully exited MobiKwik through a ₹130 crore block deal on Tuesday, selling 60.8 lakh shares at ₹214 each, a day after the fintech received its NBFC licence.

PSU bank shares fell up to 2.5% in early trade after the RBI refused to extend the ECL transition timeline, confirming the rollout from 1 April next year despite banks seeking more time to prepare systems.

AU Small Finance Bank's profit jumped 65% in Q4 on the back of lower provision charges. Besides, the bank declared a dividend of ₹1 per share.

NSE crosses 13 crore investors, adding 1 crore in seven months, while SIP inflows hit ₹29,132 crore. Younger investors drive growth. Read more to understand this market shift.

Piramal Finance posted strong results for Q4 and full FY26. AUM crossed ₹1 lakh crore and PAT surged 390%.