Market News

Finance Minister Nirmala Sitharaman said IDBI Bank’s stake sale will continue despite valuation concerns. The announcement lifted the bank’s shares by almost 8% intraday.

Sensex fell 852 points and Nifty dropped 205 points to 24,173, as weaker rupee weighed on sentiment. GIFT Nifty was near 24,247, pointing to a flat to slightly positive start amid mixed global cues.

Himadri Speciality Chemical shares jumped nearly 13% in early trade after reporting a 29% rise in Q4 net profit to ₹201 crore, with revenue growth and a dividend announcement supporting investor sentiment.

Atul Auto signed a ₹490.50 crore deal with Exponent Energy to make 15,000 electric three-wheelers over three years. Shares jumped nearly 7% on 24 April.

24 April 2026 saw markets extend their decline. Weakness continued, with geopolitical uncertainty and rising volatility weighing on sentiment through the session.

Infosys reported strong Q4 FY26 results with 21% growth in profit and 13% increase in revenue. As a result, the company has announced a dividend of ₹25 per share.

Tata Capital had a strong Q4 in FY26. PAT was up by 43% at ₹1,502 crore and NII increased 28% to reach ₹3,127 crore.

Pharma stocks rose on Wednesday despite a weak market. They were led by Dr Reddy’s 9.4% jump on Semaglutide approval hopes in Canada, lifting peers and value chain stocks.

Watch Infosys, RIL, IEX, Hindustan Zinc, Dabur as fresh earnings updates drive investor interest this morning now early buzz.

PlaySimple Games has filed for a ₹3,150 crore initial public offering, entirely an offer for sale by parent Modern Times Group. Revenue grew 20% in FY25 but net profit fell 31%.

The Indian stock market indices fell further on Friday morning amid cautious global cues and escalating Middle East tensions. Declining rupee and weak global markets are keeping the investors on edge.

Larsen & Toubro launched industrial electronics vertical LTEPS, commissioning two manufacturing lines in Coimbatore. The unit targets power electronics, robotics, mobility and communications for Indian and global customers.