Share Market News

Gold edged lower on the Multi Commodity Exchange of India on Tuesday as a stronger dollar and stalled US-Iran peace talks kept buyers cautious ahead of the US Federal Reserve decision.

NSE's initial public offering moved forward after shareholders agreed to divest over 4% stake through an offer for sale. The listing is estimated to be worth around ₹23,000 crore.

The Indian stock market indices opened slightly lower on Tuesday amid mixed global cues. However, analysts believe the markets could continue in the upward trajectory for the next few days.

Indian markets may open cautiously positive as global cues remain mixed. Key stocks in focus include Bajaj Housing Finance, AU SFB, Nippon AMC and RailTel, alongside multiple earnings announcements.

The Sensex rose 639.42 points, and Nifty added 194.75 to close near 24,100. The GIFT Nifty was around 24,105, pointing to a largely flat start as global cues remain mixed and US-Iran developments stay in focus.

MobiKwik shares surged 17% at 1:48 pm IST after the Reserve Bank of India approved its Non-Banking Financial Company licence, allowing the company to launch in-house lending subsidiary MobiKwik Financial Services Private Limited.

UltraTech Cement posted 20% profit growth and declared a record ₹240 dividend in Q4FY26. SBI Cards reported 14% profit growth with gross non-performing assets falling sharply to 2.41%.

Adani Green plans a big spend in FY27. It will invest ₹42,000 crore to add 5 GW of capacity. The company is aiming to reach 50 GW capacity by 2030. Read more for full details.

JK Cement became the preferred bidder for a 6.90-hectare limestone block in Rajasthan, strengthening raw material access, while the recent Bihar grinding unit commissioning raised its total grey cement capacity to 31.26 MnTPA.

Paytm shares fell 8% to ₹1,057 after RBI cancelled PPBL’s licence, citing governance failures. The company says core services remain unaffected. Read more to understand what this means for investors.

Shares of Sun Pharma jumped by more than 4% post news of the acquisition of Organon & Co. in a transaction of nearly $12 billion. It is anticipated that the move will bolster the company's global footprint.

In Q4 FY26, Axis Bank registered a net profit of ₹7,071 crore, NII was up 5% YoY, margins were at 3.62%, and the bank was able to improve asset quality even though higher provisions affected profitability.