Prestige Group Eyes Listing | Infosys Q4 Disappoints | Top Buzzing Stocks Today

Mon, 21 Apr Pre-Open

   Previous Close   

   10:30 am   

   Closing   

Indian benchmark indices rallied as the session progressed, ending the day strong.

Indian benchmark equity indices extended the winning streak to the fourth straight day backed by strong gains in banking shares and Reliance Industries, even as world markets traded on a mixed note amid the US-Chine tariff escalation.

The Indian stock market were closed on Friday, 18 April on account of Good Friday.

At the closing bell on Thursday, the BSE Sensex  closed higher by 1,509 points (up 1.9%).

Meanwhile, the NSE Nifty closed higher by 414 points (up 1.8%).

ICICI Bank, Sun Pharma and Bharti Airtel among the top gainers today

Wipro, Hero MotoCorp and Hindalco on the hand, were among the top losers today.

The BSE MidCap index ended 0.6% higher and BSE SmallCap index ended 0.5% higher.

Sectoral indices ended on positive note in banking sector, telecom sector and finance sector witnessing most buying speer.

Speaking of the stock markets, research analyst Tanushree Banerjee highlights how the global semiconductor supply chain remains highly concentrated.

While the US dominates chip design with a 64% market share, the bulk of manufacturing and assembly takes place in Asia. Over the past three decades, Taiwan, South Korea, and China have emerged as powerhouses, now controlling over 85% of the global foundry market.

Amid this backdrop, India has been steadily making progress across various segments of the chip design value chain.

So, what does this mean for India's semiconductor stocks? Watch this video to find out.

Top buzzing stocks today

Gensol Engineering shares will be in focus today.

The stock has hit the 5% lower circuit for 16 straight sessions, plummeting to an intraday low of Rs 116.5 on Thursday.

So far in 2025, the stock has crashed 84%, wiping out massive investor wealth. The dramatic fall follows an interim order issued by the Market Regulator against Gensol Engineering and its promoters-Anmol Singh Jaggi and Puneet Singh Jaggi-over allegations of fund diversion and serious lapses in corporate governance.

KFin Technologies will also be a top buzzing stock.

KFin Technologies saw a strong upward move in its stock price, gaining 8.49% to close at Rs 1,135.50 on Tuesday, marking its third consecutive day of gains.

The surge follows KFintech's announcement of a definitive agreement to acquire a 51% controlling stake in Singapore-based Ascent Fund Services for US$ 34.7 million.

The acquisition marks the beginning of a phased path to full ownership over the next five years.

Prestige Group Eyes Listing

Bengaluru-based real estate developer Prestige Group, a leading player in residential, commercial, hospitality and retail segments, is getting ready to take its hotel business public through a Rs 40 bn IPO.

The primary funds will be used for the development of new properties as well as to pay debt.

Amid extreme market volatility, triggered by US President Donald Trump's tariffs, investors are seeing industries such as real estate and hospitality as safer bets.

Prestige's hospitality portfolio includes several marquee properties in Bengaluru such as the Sheraton Grand Hotel & Convention Centre in Whitefield, a JW Marriott hotel in Devanahalli and a property under the Hilton group brand Conrad.

The portfolio also includes Mulberry Shades in Devanahalli, Angsana Oasis Resort & Spa in Yelahanka, Twenty-Four business hotel at Prestige Tech Park and a Marriott brand hotel - Moxy Bengaluru Airport - in Bengaluru. It also has a resort, The Artiste, in Kochi.

The Indian hospitality sector has emerged as an area of interest for investors looking to bet on the growing trend of travel and tourism in the country, particularly among young Indians.

This has led to a bunch of hospitality IPOs in recent years besides several more that have filed offer documents and are waiting to take advantage of this investor interest.

Infosys Q4 Disappoints

Information technology (IT) major Infosys on Thursday reported a 12 per cent year-on-year (Y-o-Y) decline in net profit to Rs 70.3 bn for the quarter ended March 2025 (Q4FY25).

Revenue for the quarter rose 7.9% YoY to Rs 409.3 bn, the Salil Parekh-led company said in a regulatory filing to the exchanges.

The company's board recommended a final dividend of Rs 22 per equity share for the financial year ending 31 March 2025.

The record date for the dividend and for the Annual General Meeting is 30 May 2025, with the dividend to be paid on 30 June 2025.

The software major, along with other IT companies, has been facing tepid demand on the back of soft discretionary spending. To top it, recent announcements by US President Do

nald Trump on the now-halted tariffs have adversely affected IT companies.

This aligns with what the IT major's peers have highlighted so far. While India's largest IT exporter Tata Consultancy Services doesn't give guidance, Wipro has guided revenue in the range of -1.5% to -3.5% for the first quarter of financial year 2026 ending 30 June 2025 (Q1FY26).

IDFC First to Raise Funds

Private sector lender IDFC First Bank has announced plans to raise Rs 75 bn in fresh equity capital from Compulsorily Convertible Preference Shares (CCPS), issued at Rs 60 apiece to existing marquee investors Warburg Pincus and the Abu Dhabi Investment Authority (ADIA).

The lender told stock exchanges on Thursday that Rs 4,876 crore worth of CCPS will be issued to Currant Sea Investments BV, an affiliate of Warburg Pincus, while Rs 26.2 bn worth of CCPS will be issued to Platinum Invictus B 2025 RSC, a wholly-owned subsidiary of ADIA.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers