Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Investment in securities market are subject to market risks. Read all the related documents carefully before investing

We're Extremely Bullish on These
3 Stocks Built for India's Next Growth Wave


See Full Details

**Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
**By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.

AD

Sensex Today Trades Lower | Nifty Below 23,700 | TCS & Infosys Top Losers
Tue, 12 May 10:30 am

Sensex Today Trades Lower | Nifty Below 23,700 | TCS & Infosys Top LosersImage source: DNY59/www.istockphoto.com

Asian markets traded higher on Tuesday as investors stayed bullish on the AI trade even as the US and Iran failed to reach any peace deal.

US stock market ended slightly higher on Monday, led by AI optimism.

Here's a table showing how US stocks performed on Monday:

Stock/IndexLTPChange ($)Change (%)Day HighDay Low52-Week High52-Week Low
Alphabet386.77-10.28-2.59%394.33386.23398.37153.83
Apple292.68-0.58-0.20%293.88290.23294.76193.46
Meta598.86-10.77-1.77%604.91598.08796.25520.26
Tesla445.0816.733.91%449.16416.8498.83273.21
Netflix85.45-2.03-2.32%87.3485.1134.1275.01
Amazon268.99-3.69-1.35%273.63268.48278.56191.16
Microsoft412.66-2.4-0.58%412.69405.5555.45356.28
Dow Jones49704.595.310.19%49771.249475.850512.7941150.73
Nasdaq29320.785.660.29%29372.429143.229234.9919984.53
Source: Equitymaster

At present, the BSE Sensex is trading 499 points lower and NSE Nifty is trading 128 points lower.

You can also visit our live blog section for real-time updates and deeper insights into the market.

SBI, Tata Steel, M&M among the top gainers today.

TCS, Infosys, ICICI Bank on the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE 150 Midcap index is trading 0.2% lower and the BSE 250 SmallCap index is trading 0.3% lower.

Baring oil & gas sector and metal sector all other sectoral indices are trading negative today with stocks in realty sector and IT sector witnessed selling pressure.

The rupee is trading at Rs 95.5 against the US dollar.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, Rahul Shah highlights that short-term market movements are often noise, and investors should instead focus on long-term wealth creation with a 7-year horizon.

He emphasizes investing in fundamentally strong companies with stable earnings, low volatility, and reasonable valuations to manage risk effectively. He also notes that a disciplined, data-driven approach helps investors avoid emotional decisions and achieve better long-term outcomes.

Watch to know more.

Indian Hotels Q4 FY26 Results

Shares of Indian Hotels are in focus today after the company reported itsQ4 FY26 results.

Revenue from operations rose 14% YoY to Rs 28.45 billion (bn), marking the sixteenth consecutive quarter of record performance.

Revenue from the hotel segment, which contributes nearly 90% of total revenue, increased 15% YoY to Rs 25.29 bn, while air catering revenue climbed to Rs 3.18 bn, reflecting a 13% improvement over Q4FY25.

On the operating front, EBITDA stood at Rs 10.52 bn, with an EBITDA margin of 37%, despite the impact of the West Asia conflict. RevPAR grew 12% YoY to Rs 18,800 in Q4, compared to Rs 16,730 reported in the same period last year.

The company reported a consolidated net profit of Rs 6 bn, marking a 15% year-on-year (YoY) increase compared to the same period last year.

Also, the company announced a dividend of Rs 3.25 per equity share for the financial year 2025-2026, subject to shareholder approval.

Bharat Forge Expands Aerospace Manufacturing Footprint Globally

Bharat Forge Ltd. (BFL), a global leader in advanced forging and precision engineering, has announced a long-term agreement with Embraer for the manufacture and supply of critical landing gear forgings. With this partnership, Bharat Forge becomes the first Indian supplier to join Embraer's global aerospace supply chain for forged components.

Under the agreement, Bharat Forge will provide high-integrity forged components for landing gear systems used across Embraer's commercial and defence aircraft programmes. The partnership highlights Bharat Forge's growing presence in the global aerospace supply chain and reinforces its reputation as a reliable supplier of complex, safety-critical components.

The long-term contract reflects the shared focus of both companies on quality, reliability, and sustained collaboration. It also underscores Bharat Forge's capability to manufacture forged products that comply with stringent global aerospace certification standards.

 Bharat Forge Share Price Chart (Rs) - 6 Months

JSW Energy Q4 FY26 Results

Shares of JSW Energy came into focus after the company reported its Q4 FY26 results.

Revenue from operations surged 41.04% YoY to Rs 44.99 bn for the quarter ended 31 March 2026.

Profit before tax, however, declined 47.93% to Rs 1.88 bn in Q4 FY26, against Rs 3.61 bn reported in Q4 FY25.

EBITDA rose 72% YoY to Rs 26.02 bn, supported by contributions from the Mahanadi and O2 Power acquisitions, along with organic capacity additions.

Power sales increased 48% YoY to 11.7 billion units (BUs), compared with 7.9 BUs in the same period last year. Thermal generation also climbed 43% YoY to 8.8 BUs from 6.2 BUs, driven by higher output from the Mahanadi plant and Utkal operations.

JSW Energy reported a 38.36% year-on-year (YoY) increase in consolidated net profit to Rs 5.74 bn in Q4 FY26, compared with Rs 4.15 bn in the corresponding quarter last year.

You can check Indian stock market live updates daily here.

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Sensex Today Trades Lower | Nifty Below 23,700 | TCS & Infosys Top Losers". Click here!