Post-Market, 26 May 2026: Sensex And Nifty 50 Slip On Weak Global Cues

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A US strike in southern Iran dashed hopes for a peace deal and dragged benchmark indices in Tuesday’s trade.

The Sensex and the Nifty 50 tumbled on Tuesday’s trade with the fragile geopolitical situation in the Middle East spooking investors. The US strike in southern Iran dashed hopes of a truce. At the closing bell:

  • The Nifty 50 stood at 23,913.70, down 0.49%

  • The Sensex stood at 76,009.70, down 0.63%

The broader markets, however, resisted the slide with the Nifty Midcap 100 and the Nifty Smallcap 100 ending the day 0.54% and 0.35% higher, respectively.

The table lists the companies whose stocks emerged as top gainers and losers on the Nifty 50 index:

The following entities declared their Q4 FY26 results today:

  • Refex Industries: The company’s net profit was up 88% year-on-year (YoY) and stood at ₹90.8 crore in Q4 FY26 versus ₹48.3 crore in Q4 FY25. Its revenue in Q4 FY26 was up 57% YoY and stood at ₹934 crore versus ₹595 crore in Q4 FY25.

  • Astra Microwave: The company’s net profit in Q4 FY26 was up 44.2% YoY and stood at ₹106 crore versus ₹73.5 crore in Q4 FY25. Its revenue was up 19.7% YoY and stood at ₹488 crore in Q4 FY26 versus ₹408 crore in Q4 FY25.

  • Marksans Pharma: The company’s net profit in Q4 FY26 was up 63.6% YoY and stood at ₹148 crore versus ₹90.5 crore. Its revenue was up 20.8% YoY and stood at ₹856 crore versus ₹709 crore.

  • Goodluck India: The company’s net profit was up 30.3% YoY and stood at ₹54.6 crore in Q4 FY26 versus ₹41.9 crore in Q4 FY25. Its revenue was down 1.5% YoY and stood at ₹1,089 crore in Q4 FY26 versus ₹1,105 crore in Q4 FY25.

  • Redtape: The company’s net profit was up 70% YoY and stood at ₹70 crore in Q4 FY26 versus ₹41.2 crore in Q4 FY25. Its revenue was up 33.5% YoY and stood at ₹676 crore in Q4 FY26, versus ₹506 crore in Q4 FY25.

Some other major market events that made headlines today included:

  • Rise in prices of compressed natural gas (CNG) by ₹2 per kg across key regions, including New Delhi, the national capital region, Ajmer and Chennai, among others.

  • Rail Vikas Nigam Ltd and Container Corporation of India Ltd shares slipped in the range of 3% to 5.6% in late-morning trade after both railway-linked public-sector enterprises reported weak Q4 FY26 earnings.

  • Quad partners, India, Australia, Japan and the United States, plan to invest up to USD 20 billion to boost the supply chains of critical minerals.

Also Read - Awfis Space Solutions Q4FY26 Results: Profit Jumps 107% To ₹23 Crore

Gold and silver futures declined on the Multi-Commodity Exchange of India (MCX) in early trade following profit booking and lingering uncertainty about the US-Iran deal.

At 15:42, Gold June futures on the MCX stood at ₹1,58,098 per 10 grams, down 0.62%. July silver futures during the same time stood at ₹2,70,977 per kg, down 2.07%.

Industry watchers feel the days ahead can put markets on the edge. Any escalation in the Middle East can weigh on investors’ sentiments and drag down indices.

Sources:

Moneycontrol

NDTV Profit

The Economic Times

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit https://www.kotakneo.com/disclaimer/

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