Sensex Today Rallies 753 Points | Nifty Above 24, 550 | 5 Reasons Why Indian Share Markets are Rising

Closing

Although the benchmark indices opened higher, they traded positive throughout the session and ultimately closed flat.

Indian equity benchmarks indices, Sensex and Nifty50 extended their gaining streak to the third session as traders hoped that the US and Iran would likely extend their ceasefire in the impending meeting in Islamabad.

At the closing bell, the BSE Sensex  closed higher by 753 points (up 0.9%)

Meanwhile, the NSE Nifty closed 211 points higher (up 0.%)

HUL, Trent, ICICI Bank among the top gainers today.

Bharat Elec, Titan Company, Power Grid Corp on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,575 higher by 233 points at the time of writing.

The BSE 150 Midcap index is trading 0.5% higher and the BSE 250 SmallCap index is trading 0.7% higher.

Sectoral indices were trading positive today with stocks in realty sector and banking sector witnessed buying.

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...

The rupee is trading at Rs 93.4 against the US$.

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

Gold prices for the latest contract on MCX are trading 0.2 % lower at Rs 1,53,641 per grams.

Meanwhile, silver prices were trading 0.5% lower at 2,51,250 per 1 kg.

{inlineads1}

Five reasons why Indian share markets are rising:

#1 Falling Crude Oil Prices Improved Market Mood

Crude oil prices eased after a recent spike, which helped calm market concerns. Hopes of renewed US-Iran talks reduced fears of supply disruptions. This decline in oil prices provided relief and supported overall investor sentiment.

#2 Strong Asian Markets Boosted Confidence

Asian markets traded higher, which lifted investor confidence globally. Optimism around possible diplomatic progress added to the positive mood. Strong performance in Japan and South Korea supported the overall uptrend.

#3 Market Volatility Cooled Down

India VIX dropped by 6.2%, indicating reduced market fear. This came after a sharp rise in volatility in the previous session. The decline suggests a calmer and more stable short-term outlook.

#4 Banking Stocks Drove the Market Up

Banking stocks were the key drivers of the market rally. Major private banks like ICICI, Axis, and HDFC saw strong gains. The Nifty Bank index rose by 1.4%, showing strength in the financial sector.

#5 Buying Seen Across Many Sectors

Buying interest was seen across a wide range of sectors. Realty, metal, auto, and infrastructure stocks all recorded gains. The positive advance-decline ratio showed broad participation in the market.

Speaking of stock markets, Richa Agarwal highlights that recent global tensions have underscored India's dependence on imported energy and its broader economic vulnerability.

The Fast Breeder Reactor achieving criticality marks a step toward fuel self-generation and future use of thorium. With supportive policies and plans to expand nuclear capacity and private participation, India aims to strengthen its energy security.

{inlineads2}

This shift is also expected to create opportunities across the nuclear and engineering value chain.

Watch to know more.

Indosolar Q4 FY26 Results

Shares of Indosolar, a subsidiary of Waaree Energies came into focus after the company reported its Q4 FY26 results.

In Q4FY26, the company's revenue from operations came in at Rs 0.83 billion (bn), marking a sharp decline of 56.7% compared to Rs 1.92 bn in the same quarter last year. This drop was mainly due to a shift towards tolling contracts instead of direct distribution and trading revenue seen in Q4FY25.

Despite lower revenue, EBITDA increased by 28.2% to Rs 0.64 bn in Q4FY26 from Rs 0.50 bn a year ago. Profit after tax (PAT) stood at Rs 0.42 bn, rising 4.9% from Rs 0.40 bn in the corresponding period last year.

For the full FY26, the company reported strong growth, with revenue from operations rising to Rs 6.80 bn, up 109.9% from Rs 3.24 bn in FY25. Module production also increased significantly to 1,051 MW in FY26 compared to 589 MW in the previous year.

{inlineads3}

Nelco Q4 FY26 Results

Shares of Nelco, a Tata Group satellite communication company came into focus after the company reported its Q4 FY26 results.

In Q4FY26, Nelco reported a net profit of Rs 11 million (m), compared to a net loss of Rs 40.4 m in the same quarter last year, marking a turnaround in performance. Revenue rose 17.3% YoY to Rs 792 m from Rs 675 m in the corresponding period.

For the full FY26, however, the company's net profit declined 65% to Rs 33.2 m from Rs 95.3 m in FY25. Revenue for the year saw a marginal increase to Rs 3,066 m, compared to Rs 3,049 m in the previous fiscal.

The board of directors has recommended a final dividend of Rs 1 per share, equivalent to 10%, on equity shares with a face value of Rs 10 each for the financial year ended 31 March 2026.

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

---

Sensex Today Rallies 528 Points | Nifty Above 24,450 | PNB Housing Finance Up 9%

10:30 am

Asian markets traded higher on Tuesday amid hopes for a resolution to the US-Iran war ahead of the peace talks.

US stock market ended marginally lower on Monday, as renewed US-Iran tensions put the durability of a two-week ceasefire in question.

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

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	335.40	-4.00	-1.18%	339.16	334.63	350.15	148.40
Apple	273.05	2.82	1.04%	274.27	270.29	288.61	189.81
Meta	670.91	-17.64	-2.56%	683.38	668.00	796.25	479.80
Tesla	392.50	-8.12	-2.03%	406.80	388.33	498.83	222.79
Netflix	94.83	-2.48	-2.55%	97.60	93.54	134.12	75.01
Amazon	248.28	-2.28	-0.91%	250.18	245.37	258.60	165.29
Microsoft	418.07	-4.72	-1.12%	423.33	416.30	555.45	355.67
Dow Jones	49442.56	-4.87	-0.01%	49489.63	49245.60	50512.79	37830.66
Nasdaq	26590.34	-82.09	-0.31%	26670.12	26412.52	26670.12	17592.92

Source: Equitymaster

At present, the BSE Sensex is trading 528 points higher and NSE Nifty is trading 127 points higher.

Eternal, Asian Paints, Axis Bank among the top gainers today.

Tech Mahindra, TCS, Infosys 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 0.6% higher and the BSE 250 SmallCap index is trading 0.9% higher.

Sectoral indices are trading positive today with stocks in realty sector and telecommunication sector witnessed buying.

The rupee is trading at Rs 93.3 against the US dollar.

{inlineads1}

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...

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

Speaking of stock markets, Richa Agarwal highlights that recent global tensions have underscored India's dependence on imported energy and its broader economic vulnerability.

The Fast Breeder Reactor achieving criticality marks a step toward fuel self-generation and future use of thorium. With supportive policies and plans to expand nuclear capacity and private participation, India aims to strengthen its energy security.

This shift is also expected to create opportunities across the nuclear and engineering value chain.

Watch to know more.

PNB Housing Finance Q4 Results

Shares of PNB Housing Finance are in focus today after the company reported its Q4 FY26 results.

Revenue for the quarter came in at Rs 8.13 bn, up from Rs 7.34 bn in the corresponding period last year.

Net interest margin improved by 6 bps in Q4 FY26 to 3.69% compared to 3.63% during previous quarter. Asset quality showed improvement, with the gross non-performing assets ratio reducing to 0.93% from 1.08% last year.

The company reported healthy loan growth, as its retail loan book increased 16% year-on-year to Rs 869.46 bn as of 31 March 2026, accounting for 99.5% of total loans.

Assets Under Management (AUM) reached to Rs 909.21 bn as of FY26, reflecting 13% growth from FY25.

PNB Housing Finance reported net profit rising 19% to Rs 6.56 bn compared to Rs 5.50 bn in the same period last year, supported by improved operating leverage.

The company also announced a dividend of Rs 8 per share (face value Rs 10) for FY26.

{inlineads2}

SML Mahindra Q4 Results

SML Mahindra reported steady growth in its March 2026 quarter.

Revenue increased 16.45% to Rs 8.98 bn from Rs 7.71 bn in the same quarter last year.

Net profit saw a modest rise of 2.36%, coming in at Rs 0.54 bn compared to Rs 0.53 bn a year ago.

For the full year FY26, the company delivered stronger performance.

Net profit grew 31.30% to Rs 1.60 bn from Rs 1.22 bn in FY25.

Annual revenue also rose 18.30% to Rs 28.38 bn, up from Rs 23.99 bn in the previous year.

{inlineads3}

Hyundai & TVS EV Three-Wheeler Collaboration

Hyundai Motor Company and TVS Motor Company have signed a Joint Development Agreement (JDA) on 20 April 2026 to work together on electric three-wheelers for India.

The partnership focuses on designing, manufacturing, and selling electric three-wheelers meant for last-mile transport, such as short-distance passenger and cargo movement. This comes after they showcased a concept vehicle at the Bharat Mobility Global Expo 2025.

Under the agreement, Hyundai will lead the design and use its global technology and research capabilities to develop the product. TVS Motor will support development using its experience in electric vehicles and three-wheelers and will handle manufacturing and sales in India.

The vehicles will be designed specifically for Indian roads and conditions, with a focus on practical and affordable mobility. TVS will also take care of selling these vehicles in the domestic market and may export them in the future.

A key part of the plan is to manufacture most components locally in India. This will help reduce costs, improve supply chains, create jobs, and ensure better service and spare parts availability.

Overall, this partnership aims to bring new electric three-wheelers to India's large last-mile mobility market while supporting cleaner and more sustainable transport.

You can check Indian stock market live updates daily here.

---

JSW Steel & POSCO Joint Venture Steel Plant | HG Infra Wins Mirzapur Railway Order | Top Buzzing Stocks Today

Pre-Open

Indian benchmark indices traded positive throughout the session and ultimately closed flat.

Indian equity benchmarks indices, Sensex and Nifty50 ended off their day's highs after a lacklustre session as uncertainty over the US-Iran peace talks dented risk sentiment.

At the closing bell on Monday, the BSE Sensex  closed higher by 27 points (up 0.03%)

Meanwhile, the NSE Nifty closed 11 points higher (up 0.05%)

Trent, SBI, NTPC among the top gainers today.

Bharat Elec, Kotak Mahindra, HCL Tech on the other hand, were among the top losers today.

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 0.1% lower and the BSE 250 SmallCap index is trading 0.1% lower.

Sectoral indices were trading mixed on Monday with stocks in power sector and banking sector witnessed buying. Meanwhile, stocks in realty sector and IT sector witnessed selling pressure.

{inlineads1}

Speaking of stock markets, Richa Agarwal highlights that recent global tensions have underscored India's dependence on imported energy and its broader economic vulnerability.

The Fast Breeder Reactor achieving criticality marks a step toward fuel self-generation and future use of thorium. With supportive policies and plans to expand nuclear capacity and private participation, India aims to strengthen its energy security.

This shift is also expected to create opportunities across the nuclear and engineering value chain.

Watch to know more.

Top buzzing stocks today

Groww share price will be in focus today.

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

The company reported revenue from operations of Rs 15.05 billion (bn), marking a sharp growth of 87.93% compared to Rs 8.01 bn in the same period last year.

Mastek share price will be in focus today.

Shares of Mastek, a global IT services and consulting company, came into focus after the company reported its Q4 FY26 results.

Revenue from operations rose 3.6% Q-o-Q to Rs 9.38 bn, compared to Rs 9.06 bn in the December 2025 quarter. On a year-on-year basis as well, revenue increased 3.6% from Rs 9.05 bn.

{inlineads2}

Hathway Cable Q4 FY26 Results

Shares of Hathway Cable & Datacom came into focus after the company reported its Q4 FY26 results.

Segment-wise, broadband revenue declined 4.15% YoY to Rs 1.43 bn, while cable television revenue grew 13.15% YoY to Rs 3.92 bn during the quarter.

Total expenses increased 6.59% to Rs 5.44 bn, mainly due to higher costs.

Channel costs rose 18.4% YoY to Rs 3.01 bn, while other operational expenses increased 6.57% to Rs 0.86 bn. Meanwhile, employee benefit expenses declined 3.23% to Rs 0.20 bn, and finance costs fell 33.33%.

Consolidated net profit declined 11.33% YoY to Rs 0.11 bn, even as revenue from operations rose 6.37% to Rs 5.46 bn.

{inlineads3}

JSW Steel & POSCO Joint Venture Steel Plant

JSW Steel has announced that it will enter a joint venture with POSCO Group to expand its steel manufacturing capacity. As part of this deal, its wholly owned subsidiary, Saffron Resources Private Limited, will become a 50:50 joint venture between JSW Steel and POSCO.

The partnership aims to set up a new (greenfield) integrated steel plant with a capacity of 6 million tonnes per annum (MTPA) in Odisha. Saffron already owns around 887 acres of land in the state, which will be used for this project.

Under the agreement, POSCO will invest Rs 5.09 bn in Saffron by subscribing to shares. Both JSW Steel and POSCO will have equal control in the joint venture, including equal representation on the board.

This collaboration is expected to strengthen ties between the two companies and help JSW Steel gain access to advanced technology and expertise from POSCO, especially for producing high-grade steel used in sectors like automobiles.

HG Infra Wins Mirzapur Railway Order

HG Infra Engineers has received an order from Mirzapur Thermal Energy (UP) Private Limited to carry out civil and railway infrastructure work for a 2x800 MW thermal power project in Mirzapur, Uttar Pradesh.

The scope of work includes earthwork, construction of bridges and station buildings, and railway track (P-way) development.

This domestic contract is based on an item-rate/BOQ basis and is valued at Rs 5.19 bn (including taxes). The project is scheduled to be completed within 18 months.

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