Market News

On 21 April 2026, markets saw strong buying across the board and ended higher. Global cues played their part. From here, the focus is on whether this strength continues.

NAVER Corp and Tata Consultancy Services have signed an MoU to explore India’s mapping services market. The partnership may involve setting up a local delivery centre and building a market entry strategy.

Nestle India reported a 26% rise in Q4 profit to ₹1,114 crore, beating estimates, as revenue grew 22.6% on strong volumes, higher ad spends and broad-based category growth.

FIIs sold ₹19,150 crore in financial stocks in April, with outflows also seen across FMCG, telecom, IT, auto and healthcare despite market gains.

Revenue growth was strong in SML Mahindra’s Q4 results, but margins slipped as costs increased. The stock fell after the announcement. From here, margin trends could be the key thing to track.

A report from Ember found clean power generation to rise 887 TWh in 2025. It exceeded electricity demand growth of 849 TWh, as solar and wind expansion in China and India drove a structural shift.

Inox Clean is preparing to return to the markets with a bigger IPO. The setup looks stronger this time. Still, valuation and sentiment closer to listing will matter.

Global metals markets are rallying in 2026 as Middle East supply disruptions, and strong industrial demand push aluminium, copper, tin and zinc higher across the board.

The Indian stock market indices opened higher on Tuesday amid mixed global cues. Reports of fresh peace talks between the US and Iran, combined with higher US markets, have resulted in positive sentiments.

Sensex added 27 points and Nifty rose 11 to 24,365, while GIFT Nifty near 24,423 points to a flat, range-bound start on 21 April 2026 amid rising oil prices and fresh tensions around the US–Iran situation.

Bank of Maharashtra saw a solid Q4FY26, with strong NII and loan book growth pushing profit up 35% to ₹2,014 crore. Its full-year FY26 profit also rose 27%.

Shares of Deccan Gold Mines jumped up to 16% as its Jonnagiri project nears launch. The project is seen as a key step toward increasing domestic gold output.