tock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 20th April 2026.
Indian equity markets traded in positive territory during Monday’s noon session, even as renewed tensions between the United States and Iran kept global sentiment fragile and crude oil prices elevated.
At 12:54 p.m., the BSE Sensex was up 421 points at 78,915, while the NSE Nifty rose 126 points to 24,479. However, analysts cautioned that volatility may continue to dominate trading amid mixed geopolitical signals.
The recent surge in crude oil prices has heightened concerns over inflation and the possibility of foreign investor outflows, despite signs of resilience in global markets.
On the domestic front, strong Q4 earnings from banking majors like HDFC Bank and ICICI Bank are expected to provide some support, though more as a stabilising factor than a strong market trigger.
Meanwhile, a relatively stable rupee and easing FPI selling have offered some relief, but investor sentiment is likely to remain guided by earnings, global developments and movements in oil prices.
Key technical levels & indicators
* Nifty 50 support: 24,300–24,200 (immediate), deeper support near 24,000
* Nifty 50 resistance: 24,600–24,800 (strong supply zone)
Trend & momentum signals
* Short-term trend: Sideways to volatile with negative bias
* RSI (Relative Strength Index): Likely hovering near neutral (45–55), indicating lack of clear momentum
* MACD: Flattening, suggesting consolidation phase
Volatility & sentiment indicators
* India VIX: Expected to stay elevated due to geopolitical uncertainty
* Oil prices (Brent): Key trigger — sustained move above $95 can pressure markets
* Dollar index (DXY): Strength may weigh on emerging markets
Institutional activity
* FPI flows: Early signs of stabilisation; watch for sustained buying
* DII support: Likely to cushion downside
Sectoral technical bias
* Banks: Relative strength, acting as support
* IT: Sensitive to US cues; may stay range-bound
* Oil & gas: Volatile, linked to crude movement
* Pharma: Stock-specific moves on USFDA updates
Trading strategy cues
* Range-bound trading likely: 24,200–24,800 zone
* Sell on rise strategy near resistance levels
* Stock-specific approach due to earnings season
FILTERS UPDATES
- April 20, 2026 15:52
Quarterly results
E2E Networks report profit after tax for the quarter ended March 2026 at ₹6.43 crore compared to ₹13.61 crore in the same quarter last year
Board approved sub-division of each equity share of Rs 10 each into 10 shares of Rs 1 each.
- April 20, 2026 15:39
Equity benchmarks settle flat. Sensex rises 26.76 pts or 0.03% to end at 78,520.30, and Nifty 50 inches up 11.30 pts or 0.05% to 24,364.85.
- April 20, 2026 15:38
Quarterly results
PNB Gilts’ net profit for the quarter ended March 2026 falls sharply to ₹12.99 crore compared to ₹75.02 crore in the same quarter last year
In FY26, the profit after tax stood at Rs 181.61 crore compared to Rs 233.03 crore in the year-ago period.
Board recommended final dividend of Rs 2 per share.
- April 20, 2026 15:37
Sterlite Technologies’ US arm STL Optical Connectivity NA, LLC, announced the US launch of Neuralis, its flagship suite of data centre connectivity solutions
It was announced at Data Center World 2026 in Washington, DC.
- April 20, 2026 15:36
Industry update
United Drilling Tools Ltd secures order from Oil and Natural Gas Corporation (ONGC) for the supply of Intergal Bade Stabilizer, valued at ₹50.30 mn.
- April 20, 2026 15:35
Praj Matrix launches advanced precision fermentation lab, advancing next-generation industrial biotechnology for India's BioE3 vision
- April 20, 2026 15:35
Quarterly results
Navkar Corporation reports net profit for the quarter ended March 2026 at ₹13.98 crore compared to ₹18.53 crore loss in the same quarter last year
In FY26, the company’s PAT stood at Rs 30.14 crore compared to Rs 45.30 crore loss in the year-ago period.
- April 20, 2026 15:34
Industry update
Sai Parenterals board approves provision of financial assistance to Sai Singapore Pte Ltd
Sai Parenterals board approved provision of financial assistance by way of unsecured loan not exceeding AUD 1.75 million or SGD 1.610 million to Sai Singapore Pte. Ltd. (wholly owned subsidiary of the Company) for downstream funding to Noumed Pharmaceuticals Pty Limited, Australia (Step-down Subsidiary of the Company).
- April 20, 2026 15:33
Quarterly results
Bank of Maharashtra reports standalone net profit for the quarter ended March 2026 at ₹2,014.09 crore compared to ₹1,493.08 crore in the same quarter last year
In FY26, the bank’s PAT stood at Rs 7019.32 crore compared to Rs 5519.79 crore in the year-ago period.
Board recommended final dividend of Rs 1.20 per share, in addition to Rs 1 per share declared on January 13, 2026, and paid during the financial year.
Board also approved raising of capital up to Rs 7,500 crore by way of equity capital by issue of equity shares by way of preferential allotment basis to GOI/ LIC/ Fl and /or by way of Qualified Institutional Placement (QIP) / Follow-on Public Offer (FPO)/ Rights/ ESPS Issue etc. and/or Basel III Additional Tier I Bonds and / or Tier II Bonds, subject to the necessary approvals.
Board also approved issuance of Long-Term Infra Bonds upto an amount of Rs. 10,000 crore during FY 2026-27 in multiple tranches, and raising of long term funds by issuing foreign currency bonds upto an amount of USD 500 million in multiple tranches during FY 2026-27.
Shares surged 4% to Rs 75.81 on the NSE.
- April 20, 2026 15:27
IEX shares tumble 8% after CERC draft on market coupling raises concerns
IEX shares tumble 8% after CERC draft on market coupling raises concerns
IEX shares plunge 8% as CERC's market coupling draft threatens its competitive edge in India's power exchange sector.
- April 20, 2026 15:27
Clarity Labs raises ₹4 crore in seed funding led by Artha Venture Fund II
Clarity Labs raises ₹4 crore in seed funding led by Artha Venture Fund II
Clarity Labs secures ₹4 crore in seed funding from Artha Venture Fund II to enhance product development and market expansion.
- April 20, 2026 15:26
Avi Polymers plans venture into healthcare technology sector
Avi Polymers plans venture into healthcare technology sector
Avi Polymers plans to diversify into healthcare technology, leveraging AI for innovative solutions, pending Board approval next Monday.
- April 20, 2026 15:26
Nippon India MF launches ‘Har Ghar Investor’ campaign
Nippon India MF launches ‘Har Ghar Investor’ campaign
Nippon India Mutual Fund's 'Har Ghar Investor' campaign educates and encourages retail investors to start their mutual fund journey.
- April 20, 2026 14:55
MCX gets SEBI nod to set up coal exchange subsidiary
MCX gets SEBI nod to set up coal exchange subsidiary
The move builds on MCX's existing energy derivatives business, which includes highly liquid contracts on crude oil and natural gas, and an electricity futures contract launched last year
- April 20, 2026 14:52
Sensex loses 300 pts from mid-day to 78,642.02, still up 140 pts up over previous close
- April 20, 2026 14:42
Stock up
NTPC Green shares up 1 per cent on NSE to ₹113.20
NTPC Green shares are up 1 per cent on the NSE to ₹113.20. The company has declared commencement of commercial operations for 87.5 MW of its total 150 MW solar power project located in Rajasthan.
- April 20, 2026 14:41
Review
Quote: Renisha Chainani, head of research at Augmont
Gold and silver prices weakened at the start of the week as the U.S.-Iran ceasefire, which markets had welcomed, began to unravel. The U.S. seized an Iranian cargo ship attempting to break through its blockade, prompting Iran to threaten retaliation. This raised serious doubts about whether the two-day ceasefire could hold at all.
Specifically, President Trump confirmed that the U.S. Navy intercepted an Iranian-flagged vessel in the Gulf of Oman after it ignored stop orders near the Strait of Hormuz. Iran, in turn, targeted ships in the region and reasserted control over the Strait, arguing the U.S. blockade violated ceasefire terms. While Trump signaled room for diplomatic progress ahead of talks in Pakistan, Iran ruled out participating in a second negotiation round before the Tuesday deadline.
The extended conflict has disrupted energy supply significantly, increasing inflation risks and raising expectations of further central bank interest rate increases — both of which are negative factors for precious metals.
CURRENCY MOVEMENT
The U.S. dollar strengthened to a one-week high against major currencies on Monday, though gains faded as U.S.-Iran tensions resurfaced and Middle East peace prospects dimmed, prompting investors to seek safer assets.
On monetary policy, market expectations for a U.S. Federal Reserve rate cut by year-end dropped sharply to 21%, from 40% just weeks earlier. This shift followed stronger-than-expected inflation data and a resilient labor market, pushing 10-year Treasury yields past 4.5%. The Fed kept rates steady at 3.50–3.75%, with virtually no probability of a cut in April.
The Indian rupee stabilised near 93 per dollar after briefly touching a three-week low. The Reserve Bank of India intervened by directing lenders to reduce large arbitrage positions in onshore and offshore markets, which lowered dollar demand and helped stabilise the currency.
ETF DEMAND & INVESTMENT FLOWS
Global gold ETFs attracted 21 tonnes of net inflows in the first few days of April alone — a level the World Gold Council described as broad-based and regionally diverse. Notably, these inflows occurred during a stable market environment, not a crisis, indicating a deliberate shift toward physical gold-backed funds at the portfolio level.
Chinese gold ETFs attracted $8.1 billion year-to-date in net inflows, a stark contrast to over $2.0 billion in outflows from U.S. gold ETFs over the same period. Indian gold ETFs also drew continued interest, supported by seasonal buying ahead of Akshaya Tritiya.
CENTRAL BANK ACTIVITY
Central bank gold buying remained strong in Q1 2026, with emerging market nations — primarily China and India — collectively adding over 200 tonnes year-to-date, according to World Gold Council estimates. Previously inactive buyers such as Malaysia and South Korea resumed gold reserve accumulation, signaling broader institutional confidence in gold. However, the Bank of Russia was an outlier, recording 9 tonnes in sales during January.
SILVER-SPECIFIC
China’s silver imports reached 206.76 tonnes in the first two months of 2026 — the highest in eight years — tightening global supply and supporting prices. The Silver Institute and Metals Focus have flagged a sixth consecutive year of structural supply deficit, with 762 million troy ounces drawn from existing stockpiles since 2021, increasing the risk of a physical supply squeeze.
However, industrial demand for silver in 2026 is forecast to decline 3% to 640 million ounces, partly offsetting supply concerns. Additionally, India’s temporary halt on silver imports raised concerns about near-term domestic supply disruptions. Gold continues to face resistance at $4,850 (₹1,55,000). A sustained move above this level could push prices toward $5,000 (₹1,60,000). Key support remains at $4,600 (₹1,51,000).Silver has met its prior target of $82 (₹2,58,000). Prices are expected to consolidate in the near term before advancing toward $84 (₹2,65,000) and subsequently $90 (₹2,80,000).
- April 20, 2026 13:54
Gujarat Gas shares flat at ₹363.90 on NSE
Gujarat Gas shares are flat on the NSE at ₹363.90. The Ministry of Corporate Affairs (MCA) has officially approved the company’s composite scheme of merger involving GSPC, GSPL, and GSPC Energy.
- April 20, 2026 13:45
Zydus Wellness extends RiteBite Max Protein into RTD shakes, ghee-jaggery bars and Korean chips
Zydus Wellness extends RiteBite Max Protein into RTD shakes, ghee-jaggery bars and Korean chips
Zydus Wellness expands RiteBite Max Protein with RTD shakes, ghee-jaggery bars, and Korean chips to capture India's growing protein market.
- April 20, 2026 13:21
P N Gadgil Jewellers posts 80% YoY revenue growth to ₹251 crore on Akshaya Tritiya
P N Gadgil Jewellers has recorded revenue of Rs. 251 Crores on the occasion of Akshaya Tritiya for the financial year 2026–27, registering a growth of 80.3% on a year-on-year basis.
Shares flat on the NSE at Rs 668.05
- April 20, 2026 13:20
Apollo Micro Systems jumps 3% after securing government license to manufacture ammunition
Apollo Micro Systems stock surged 3% to Rs 291 on the NSE. The company received a License from the Government of India, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade (DPIIT), for the manufacture of ammunitions.
- April 20, 2026 13:20
Gabion Technologies India Limited has received multiple routine work/supply orders in the ordinary course of business
Q4 Results 20th Apr Live: Groww's Q4 profit jumps, PNB Housing, Bank of Maharashtra, Navkar Corporation, Nelco, Indosolar, SML Mahindra, Indbank Merchant to announce Q4, ICICI Bank shares rise, HDFC Bank and Yes Bank flat
Q4 Results Today, 20th April 2026 Live Updates: Find all the latest Q4 results 2026 updates of Axita Cotton Ltd, Binny Ltd, Billionbrains Garage Ventures Ltd, Indbank Merchant Banking Services Ltd, Jupiter Infomedia Ltd, Bank of Maharashtra, Navkar Corporation Ltd, Nelco Ltd, PNB Gilts Ltd, PNB Housing Finance Ltd, SML Mahindra Ltd, Ugro Capital Ltd, and Indosolar Ltd. HDFC Bank Ltd, ICICI Bank Ltd, Yes Bank, Jio Financial Services Ltd, Mastek Ltd shares in focus due to Q4 results. Stay tuned for more updates from businessline
- April 20, 2026 13:19
Billionbrains Garage Ventures Q4 net profit more than doubles to ₹541 crore; FY26 profit rises 9%
Billionbrains Garage Ventures reported standalone net profit for the quarter ended March 2026 at Rs 541.35 crore compared to Rs 251.19 crore in the same quarter last year.
In FY26, the company posted a net profit of Rs 1629.73 crore from Rs 1491.55 crore in the year-ago period.
Shares flat on the NSE at Rs 198.79
- April 20, 2026 13:03
Iron ore firms on inventory destocking, steady hot metal output
Iron ore futures rose on Monday, climbing for a fourth session, as China registered destocking from relatively high portside inventory levels, indicating steady demand for the feedstock, with stable hot metal output and oil supporting prices.
The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 1.16% higher at 786.5 yuan ($115.34) a metric tonne. - Reuters
- April 20, 2026 13:02
South Korean shares end higher as SK Hynix jumps to record level
South Korean shares closed higher on Monday, led by a record-setting rally in chipmaker SK Hynix ahead of its earnings release, although gains were capped by caution over the Middle East conflict.
The benchmark KOSPI closed up 27.17 points, or 0.44%, at 6,219.09, after rising as much as 1.40% earlier in the session to hit the highest level since late February. - Reuters
- April 20, 2026 12:58
At 12.57 pm, Sensex traded 417.87 pts or 0.53% positive at 78,911.41, and Nifty 50 was up 116.75 pts or 0.48% to 24,470.30.
- April 20, 2026 12:54
Japan's Nikkei climbs as AI optimism outweighs Mideast concerns
Japan’s Nikkei share average rose on Monday, nearing the all-time high it scaled last week, as optimism over the red-hot artificial intelligence sector outweighed concerns about the Middle East crisis.
The benchmark Nikkei 225 Index rose 0.60% to close at 58,824.89 compared with its record intraday level of 59,688.10 touched on Thursday. The broader Topix climbed 0.43% to 3,777.02. - Reuters
- April 20, 2026 12:50
Markets reverse early losses, Sensex climbs 377 points by midday; SBI, Trent lead gains
Markets reverse early losses, Sensex climbs 377 points by midday; SBI, Trent lead gains
Markets rebound from early losses as Sensex rises 377 points, with SBI and Trent leading the gains amid global uncertainty.
- April 20, 2026 12:48
Akshaya Tritiya witnessed buoyant sales across gems & jewellery despite high gold prices
Akshaya Tritiya witnessed buoyant sales across gems & jewellery despite high gold prices
Akshaya Tritiya saw strong jewellery sales nationwide, with significant gold purchases despite soaring prices, reflecting consumer confidence and cultural significance.
- April 20, 2026 12:47
Sundaram Multi Pap starts operations of new automatic notebook manufacturing machine at Palghar plant
Sundaram Multi Pap has installed and commenced operations of a New Fully Automatic Notebook Manufacturing Machine at its Palghar plant.
- April 20, 2026 12:33
Nifty today: Top Midcap gainers, losers
Midcap movers: Top gainers: BHEL (+4%), Tube Investment (+2.79%), Naukri (+2.11%), Colgate (+1.62%)
Top losers: Persistent Systems (-1.76%), Mphasis (-1.47%), Indus Towers (-1.35%), SBI Cards (-1.17%)
- April 20, 2026 12:29
Asit Tripathy elected President of Odisha Steel Producers' Association
Asit Tripathy elected President of Odisha Steel Producers' Association
Asit Tripathy is elected President of the Odisha Steel Producers' Association to enhance industry collaboration and growth.
- April 20, 2026 12:27
Mold-Tek Packaging declares first interim dividend of ₹2 per share for FY26
Mold-Tek Packaging board approved the First Interim Dividend of ₹ 2 per equity share of face value of ₹ 5/- each for the Financial Year 2025-26.
- April 20, 2026 12:26
Aequs Ltd surges 11% after fresh investment in subsidiary through rights issue
Aequs Ltd has made a further investment in Aequs Force Consumer Products Private Limited, a wholly owned subsidiary of the Company, through a rights issue.
Shares traded 11% higher on the NSE at Rs 189.30
- April 20, 2026 12:26
Refex Industries jumps 4% after securing pond ash transportation order for NHAI road projects
Refex Industries has procured an order for Transportation of pond ash to NHAI PWD Road Construction Sites
Shares soared 4% on the NSE to Rs 254.88
- April 20, 2026 12:26
Akme Fintrade board allots ₹50 crore NCDs
Akme Fintrade (India) board allotted NCDs aggregating to Rs 50 crore.
Shares flat at Rs 9.76 on the NSE
- April 20, 2026 12:21
PM Modi meets South Korean President Lee Jae Myung, defence and trade ties in focus
PM Modi meets South Korean President Lee Jae Myung, strategic ties in focus
PM Modi meets South Korean President Lee Jae Myung in Delhi, discusses defence, trade, energy security and technology to boost strategic partnership.
- April 20, 2026 12:21
Aavas Financiers names Kotak Executive as new MD & CEO
Aavas Financiers names Kotak Executive as new MD & CEO
Aavas Financiers appoints Manu Yeshpal Singh as new MD and CEO, effective April 2026, targeting growth in affordable housing finance.
- April 20, 2026 12:13
Disruptions at Russia’s Primorsk, Ust-Luga & Novorossiysk ports may impact India’s refinery operations
Disruptions at Russia’s Primorsk, Ust-Luga & Novorossiysk ports may impact India’s refinery operations
Disruptions at key Russian ports threaten India's refinery operations, potentially impacting crude oil supplies and refining capabilities.
- April 20, 2026 12:13
Sterling & Wilson Renewable Energy surges 15%, bagged ₹3,550 crore solar orders
Sterling & Wilson Renewable Energy surges 15%, bagged ₹3,550 crore solar orders
EPC order inflow for FY26 crosses ₹10,000 crore mark with new solar projects in Rajasthan and Maharashtra
- April 20, 2026 12:02
Silver futures fall Rs 5,175 to Rs 2,51,967/kg
Silver prices on Monday fell by Rs 5,175 to Rs 2,51,967 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for the May delivery declined Rs 5,175, or 2.01 per cent, to Rs 2,51,967 per kg in a business turnover of 1,505 lots.
Analysts said a sell-off by participants mainly weighed on silver prices. - PTI
- April 20, 2026 12:01
Gold futures drop Rs 1,310 to Rs 1,53,299/10g
Gold prices on Monday dropped Rs 1,310 to Rs 1,53,299 per 10 grams in futures trade amid a fall in spot demand.
On the Multi Commodity Exchange, gold contracts for the June delivery traded lower by Rs 1,310, or 0.85 per cent, at Rs 1,53,299 per 10 grams in a business turnover of 1,119 lots.
Analysts attributed the fall in gold prices to weak global cues. - PTI
- April 20, 2026 11:53
Investors bet ‘Peak Uncertainty’ has passed as Asia stocks climb
Investors bet ‘Peak Uncertainty’ has passed as Asia stocks climb
Asian stocks rise as investors shift focus from geopolitical tensions to corporate fundamentals and renewed optimism in AI and negotiations.
- April 20, 2026 11:46
ACME Solar gets GEDA nod for 16 MW wind project in Gujarat
ACME Solar received certification from the Gujarat Energy Development Agency (GEDA) for its newly commissioned 16 MW wind power project in the state
Shares flat on the NSE at Rs 302.45.
- April 20, 2026 11:45
Sensex traded 384.19 pts or 0.49% positive at 78,877.73 at 11.32 am, Nifty 50 was up 97.60 pts or 0.40% to 24,451.15.
- April 20, 2026 11:16
HOCL begins restart of Kochi Phenol and Cumene plants as BPCL resumes LPG supply
Hindustan Organic Chemicals informed earlier intimations regarding the temporary shutdown of the Phenol and Cumene plants of HOCL Kochi unit due to a force majeure event, we hereby inform that BPCL has resumed the supply of LPG in accordance with the directions of Government of India. Consequently, the necessary plant restart activities/works has been initiated and is in progress. The update regarding the status of commercial production of Phenol & Cumene Plant will be intimated in due course.
- April 20, 2026 11:07
BHEL rises 4% despite withdrawing from MB Power’s Anuppur project
BHEL withdrawn its acceptance of a Letter of Intent from MB Power for the supply of boiler, turbine, and generator equipment for the Anuppur Thermal Power Project.
Shares surged 4% on the NSE to Rs 329.90
- April 20, 2026 11:02
ICICI Bank shares climb over 2% post earnings announcement
) Shares of ICICI Bank climbed over 2 per cent in Monday morning trade after the firm reported a 9.28 per cent rise in its consolidated net profit for the March quarter.
The stock edged higher by 2.13 per cent to Rs 1,376.25 on the BSE.
At the NSE, it advanced 2.19 per cent to Rs 1,376.40.
ICICI Bank on Saturday reported a 9.28 per cent rise in its consolidated net profit to Rs 14,755 crore for the March quarter, helped by a nearly 90 per cent drop in provisioning. - PTI
- April 20, 2026 10:50
Nifty Bank Prediction Today – April 20, 2026: Resistance ahead. Wait for a breakout to go long
Nifty Bank Prediction Today – April 20, 2026: Resistance ahead. Wait for a breakout to go long
Nifty Bank prediction for April 20, 2026: bullish outlook with resistance at 57,000; wait for breakout to trade long.
- April 20, 2026 10:50
Titagarh Naval Systems launches fourth Navy Diving Craft
Titagarh Naval Systems launches fourth Navy Diving Craft
The craft is part of a series of five DSCs being built under the Government of India’s Make in India initiative
- April 20, 2026 10:45
Oil rebound drags India bonds lower, focus shifts to US-Iran ceasefire outlook
Oil rebound drags India bonds lower, focus shifts to US-Iran ceasefire outlook
Oil price rebound impacts Indian bonds as traders anticipate US-Iran ceasefire developments amid rising yield concerns.
- April 20, 2026 10:35
Krishival Foods hits 15,000 deep freezer mark as Melt N Mellow bets big on cold chain
Krishival Foods hits 15,000 deep freezer mark as Melt N Mellow bets big on cold chain
Krishival Foods' Melt N Mellow surpasses 15,000 deep freezers, enhancing cold chain distribution across multiple states.
- April 20, 2026 10:29
Finance
Poonawalla Fincorp launches AI platform to automate 80% of customer interactions
Poonawalla Fincorp launches AI platform to automate 80% of customer interactions
Poonawalla Fincorp launches an AI platform to automate 80% of customer interactions, enhancing service efficiency and support.
- April 20, 2026 10:28
Nomura on Paints
Asian Paints announced 2nd round of price hikes of 3-5%, w.e.f. 5 May (to be higher in solvent-based products); this takes the cumulative price increase to high-single-digits to double-digits, according to channel checks
This follows earlier 6-8% price hike implemented in April as continued supply chain disruptions led to increased costs of raw materials, packaging and logistics
Volumes unlikely to be impacted; improved realizations to support sales growth and margins
Despite elevated competition, pricing discipline appears intact
- April 20, 2026 10:28
Investec on JSW Steel
Buy, TP Rs 1525
JSTL’s proposed BPSL monetization coupled with a strong OCF/FCF profile over FY27-28E points to a materially de-levered balance sheet.
Management’s clear focus on optimized capital structure suggests to us ‘more’ growth capex.
Post Utkal (5MT, Q3FY26 announcement), JSTL has now announced a 6 MT JV with POSCO, likely driven by access to technology and a more efficient operating model
Highlight JSTL’s low-cost brownfield optionality of 18 MT+ (including BPSL), underpinning superior incremental RoCE.
- April 20, 2026 10:27
Jefferies on L&T
Buy, TP Rs 4500
L&T has recovered most of share price losses since Iran-US-Israel conflict
Address three questions that are top of mind for investors –
1) L&T’s role in Middle East (ME) reconstruction opportunity
2) Impact of oil prices on global and India business
3) Margin impact of higher commodity/ logistics costs
Remain positive given expectations of medium-term double-digit growth & likely discussion on semiconductor investments with FY26 results.
- April 20, 2026 10:27
Jefferies on JSW Energy
Buy, TP Rs 660
515 MW of JSW Energy’s 700 MW Ind-Barath merchant power plant has been PPA tied up from 1 April 2026
Co has gradually reduced merchant capacity to 8% vs 18% five years ago and 13% a year ago
Better EBITDA predictability helps from a medium-term perspective to provide confidence on financial stability as it ramps up capacity by 2.3x in FY25-30E.
Net debt to EBITDA ratio should improve with capacity addition in this period
- April 20, 2026 10:27
Jefferies on Godrej Properties
Buy, TP Rs 2420
Promoter meet takeaways
Management sees strong visibility on a 20% ROE (JefE 21%) as construction momentum drives deliveries and revenue recognition.
Embedded margins are trending toward the upper end of the 10–15% target range.
Tight underwriting, rapid execution, cost contingencies, and close monitoring underpin margin sustainability.
Promoter’s 5% stake increase in GPL from open market shows confidence in biz. fundamentals and strong potential to create shareholder wealth.
Execution & cash flows are key mgmt focus, with 20% RoE on reported profit by FY28 the target.
Stock is <10x FY28E PE, 7.5x FY26 EV/OCF
- April 20, 2026 10:26
Jefferies on Jio Fin
For Mar qtr, Jio FS’s consol profit was Rs2.7bn (-14% YoY); net income from business ops at Rs4.7bn was up 198% YoY
Client base reached 23m & lending AUM rose by 35% QoQ to Rs257bn.
AMC JV with BlackRock manages Rs167bn in QAAUM.
Payments Bank saw 16% QoQ rise in customers & deposit base was Rs5.4bn.
POSP business is ramping up, and it is exploring LI/ GI venture with Allianz.
JIO FS is building at a steady pace, so don’t see a risk to covered financials.
- April 20, 2026 10:26
Nomura on Yes Bk
Neutral, TP Rs 21
4Q26: Improving fundamentals; core-ROAs still catching up
Broad-based strength across growth, margins and profitability
ROA at 0.95%; SR recoveries to moderate from FY26 levels
Levers for profitability at play, but core-ROA profile build up would take time
Strategic execution of new management is a key monitorable
- April 20, 2026 10:25
JPM on Yes BK
UW, TP Rs 18
operating performance in
4QFY26 beat JPMe with PAT of Rs 10.7bn (+45% y/y, +12% q/q) coming 9% above JPMe, driven by
(i) cost control – opex rose by just 2% YoY, and came 2% lower vs JPMe.
(ii) CIR improved to 63%, but remains elevated vs peers and continues to weigh on RoA.
(iii) 28bps of credit costs booked during qtr were 4bps lower vs. JPMe
Yes Bank achieved an RoA of 1% for first time since reconstruction, however, supported by 31bps of contribution from SR recoveries
Believe that improving visibility on sustainability of these levels remains key, as risks from MSMEs are likely to emerge from supply chain disruptions, driving credit costs higher
Believe valuations at 1.2x P/B FY27E already price in much of b/s growth & RoA improvements.
- April 20, 2026 10:25
UBS on ICICI BK
Buy, TP Rs 1720
Q4 PAT beat driven by negligible provisions; Margins expand 2bp QoQ
Loan growth at c6% QoQ; LDR down 170bp
Bank confident on loan growth while NIMs to be range-bound
Est RoA of c2.2% (FY27-29E) for ICICI & expect most metrics to remain steady
STK trading at c2.x March 2027 PBV
- April 20, 2026 10:25
JPM on ICICI BK
OW. TP Rs 1600
Delivered another quarter of industry leading growth with net advances up by 6% q/q, which came in better vs JPMe at 4.6% and vs large private banks at ~4% q/q
Thesis of positive inflection in NII growth was visible in 4Q as well with NII rising by 8.4% y/y vs 7.7%/7.4% over the last 2 quarters.
With probability of further rate cuts reducing significantly, expect NII growth to accelerate further to 12.3%/15.1% in FY28/28
Also, ICICIB affirmed no concerns in its loan portfolio (especially Business Banking which is 21% of advances) from the ongoing supply chain disruptions from the West Asia conflict, which is comforting
- April 20, 2026 10:24
Bernstein on ICICI BK
O-P, TP Rs 1550
Q4 addressed key concern—loan growth—with bank delivering 16% YoY growth after several quarters of trailing system
However, deposit growth remained modest, particularly relative to system, possibly reflecting a conscious effort to protect margins
Overall, PPoP growth was somewhat subdued, weighed down by weak noninterest income & steady cost growth
A sharp decline in credit costs, however, provided a meaningful offset, supporting earnings growth.
As a result, profitability improved, with RoA expanding to 2.4% despite modest underlying operating trends.
- April 20, 2026 10:23
MS on ICICI Bk
OW TP Rs 1705
PAT beat MSe by 7%, largely driven by lower provisions.
Core PPOP was 1% above MSe, reflecting higher NII.
Adjusted NIM dipped 2bp QoQ to 4.27% (MSe 4.25%).
Loan growth accelerated to 16% vs. 10% in 2QF26.
Resilience with growth amid geopolitical uncertainties -
- April 20, 2026 10:23
Investec on ICICI BK
Buy, TP raised to Rs 1625
A strong Q4FY26, with PAT up 8% YoY and 21% QoQ to Rs 137bn (+6% ahead of est) with best-in-class RoA delivery of 2.4%.
Importantly, ICICI delivered strong NII growth (+8% YoY and 4.8% QoQ) with a sharp pickup in loan growth (+16% YoY vs 11.5% YoY as of 3Q) and stable NIMs (at 4.32%).
Loan growth was strong and broadbased at 16% YoY, led by business banking (+24% YoY) and rural loans (+26% YoY).
Core fee growth was however soft at 6% YoY, and higher opex capped core PPoP growth at 5% YoY.
Asset quality remained robust, with net slippages at just 35bp (annualized), and credit cost at just 3bp (vs 37bp in 3Q), helping drive 30bp QoQ RoA expansion
- April 20, 2026 10:23
Kotak Inst Eqt on ICICI BK
Buy, TP Rs 1800
Delivered 8% yoy earnings growth in 4QFY26 led by a sharp yoy decline in provisions.
Headline loan growth (16% yoy) and deposit growth (11% yoy) have improved, but operating profit growth was weak (3% yoy).
Asset quality indicators stayed stable.
As a sector leader, ICICI Bank has to deal with elevated expectations that are challenging to meet.
Combined with its valuation premium, this makes outperformance difficult
Like balance sheet resilience over growth.
- April 20, 2026 10:22
Jefferies on ICICI Bk
Buy, TP Rs 1670
Q4 profit of Rs137bn, up 8% YoY, was ahead of estimates aided by significantly lower credit costs helped by some corporate recoveries and lower slippages in unsecured loans.
Pickup in loan growth to 16% is encouraging, aided by deposit growth of 11% and headroom in LDR now at 87% (83% last year)
See 13% CAGR in PBT (ex-treasury) over FY26-29E & ROE of 16% in FY27E.
Valuation at 2.2x FY27E adj PB is at deserved premium to peers.
- April 20, 2026 10:22
Nomura on ICICI BK
Buy, TP Rs 1620
4QFY26: Loan growth re-accelerates, credit costs surprise
Normalised PAT beat of 2%
Asset quality pristine; loan growth re-accelerates
With LCR remaining comfortable at 124%, BK is well positioned to defend near-term loan growth and NIMs
FY27-28F EPS are broadly unchanged, as lower credit costs assumptions are offset by softer fee income
Expect BK to deliver sector-leading 2.2% RoA & 16% RoE over FY27-28F.
- April 20, 2026 10:22
CLSA on ICICI BK
O-P, TP Rs 1700
4QNII & PPOP were largely in line with estimates, while PBT was a 10% above due to negligible credit costs
Latter was driven by sharp recoveries from written-off accounts.
However, even excluding that, core asset quality was better than estimates
Key +ve was pickup in loan growth, up from 12% YoY last quarter to 16% YoY in 4QFY26
This should put to rest worries that ICICIB’s loan growth is slowing.
NIM was largely stable QoQ; a decent outcome in this environment.
Fee income remains sluggish as credit card spending is muted.
Lastly, asset quality continues to surprise positively with the gross/net slippage ratios improving 40bps/10bps YoY.
- April 20, 2026 10:21
CITI on ICICI BK
Buy, TP Rs 1720
4Q RoA of 2.4% surpassed CitiE, underpinned by near-zero credit cost (3bps), stable NIMs, and accelerated loan growth of 15.8% YoY/6.0% QoQ.
Positives
i) Broad-based growth momentum — led by rural (gold loans) and business banking, alongside retail (mortgages/PL/CV/CE) too stepping up; corporate portfolio expanded 3% QoQ.
ii) Elevated corporate recoveries, declining retail unsecured stress contained credit cost.
iii) 5bps IT refund interest lifted NIMs by 2bps.
Offsets:
i) Modest fee growth (7% YoY).
ii) Rs1.06bn treasury loss.
iii) Overhead costs rise (+14% YoY). iv) Deposits growth of 10.8% YoY/3.8% QoQ.
Outlook: Raise loan growth estimates to 15-16%, expect range-bound NIMs, agri-PSL provision reversal offers credit cost buffer.
Earnings estimates broadly retained — credit cost comfort, opex leverage, and improved growth offset by stable NIM and modest non-interest income.
- April 20, 2026 10:21
MS on HDFC BK
OW. TP Rs 1025
PAT beat MSe by 4% as sharply lower provisions and lower operating costs offset slightly lower core revenue (2% below MSe).
Commentary was anchored on loan growth with LDR no longer a constraint.
Earnings resilience and attractive valuation make it one of key picks amid geopolitical risks.
- April 20, 2026 10:21
UBS on HDFC BK
Buy, TP Rs 1175
Q4 PAT beat driven by lower provisions
Loans grew c12% YoY; LDR down c400bp QoQ to 94.6%
Management expects loan growth momentum to sustain
Expect c14-15% ROE in FY27-28E
- April 20, 2026 10:20
Investec on HDFC BK
Buy, TP Rs 915
A soft operational quarter in 4Q, with a subdued core PPOP performance (+3% YoY, 3% below est) driven by soft NII (+3% YoY) and fees (+6% YoY).
PAT rose 9% YoY to Rs 192bn, with RoA steady at 1.8% and broadly in line with estimates, aided by lower credit costs of 36 bps.
Loan growth remained steady at 12% YoY (+4% QoQ), while deposits grew strongly at 14% YoY (8.6% QoQ), lowering the CD ratio to 95%, with CASA deposits up 10% QoQ to 34.1%.
Deposit growth was aided by a strong periodend balance build up, as avg deposits/CASA growth was lower at 3.6% / 2.2% QoQ
LCR moderated further to 113.5% in 4Q (vs 116% as of 3Q).
- April 20, 2026 10:20
Nomura on HDFC BK
Buy, TP Rs 950
Soft delivery on NIMs; lower credit costs drive PAT beat
Deposit growth keyamid tight liquidity buffers
Asset quality pristine; healthy loan and deposit growth
Leadership continuity and succession planning remain a key monitorable, with tenure of MD & CEO coming up for renewal (in Oct-26), alongside appointment of a new part-time chairman. Expect HDFCB to deliver RoA/RoE of 1.8%/14% over FY27-28F
- April 20, 2026 10:20
Jefferies on HDFC BK
Buy, TP Rs 1050
Q4 profit of Rs192bn, up 9% YoY, was in line with estimates.
Topline (NII & Fees) was slightly softer than estimates, but was compensated by operating synergies, lower credit costs & higher treasury gains.
Improved deposit growth of 14% aided loan growth of 12% and ~400bps QoQ fall in LDR.
Momentum in deposit growth & NIMs should be key drivers
Tweak estimates & see 15% CAGR in PBT (ex-treasury)
- April 20, 2026 10:20
Bernstein on HDFC BK
O-P, TP Rs 1150
There was no dramatic improvement, but neither was there much to complain about, especially given b/s adjustment in progress.
While growth trends were largely known - slightly weaker loan growth & still healthy deposit growth driving an improvement in LDR - margins showed sequential resilience despite the decline in LDR
Earnings profile was supported by a sharp decline in credit costs & continued cost discipline, which helped offset moderation in non-interest income
As a result, bank delivered steady profitability, with RoA holding at 1.9% & EPS growth at 9% YoY (vs. consensus estimates of 6%).
- April 20, 2026 10:19
JPM on HDFC BK
OW, TP Rs 990
Delivered a steady 4Q26 with PAT broadly in line vs JPMe.
While NII (-4% vs JPMe) and NIMs trailed JPMe on elevated competitive intensity and an adverse product mix, they were offset by lower than expected loan loss provisions.
NII growth for HDFCB has remained volatile, decelerating to 3.2% y/y in 4Q26 vs 4.8%/6.4% in 2Q/3Q, respectively
Expect NII growth to accelerate in FY27/28 on a better-than-expected pick-up in system credit growth and funding cost benefits from a decline in the share of higher cost borrowings.
Decline in average LCR to 114% (vs 116% in 3Q, 110-120% target range) does reduce balance-sheet flexibility to support margins/RoA in FY27
- April 20, 2026 10:19
CLSA on HDFC BK
O-P, TP Rs 1200
4QFY26 NII and PPOP were largely in line, while PBT was a 4% beat
Would characterise it as a steady performance in a slightly challenging quarter.
Loan growth of 12% YoY was largely in line
Sequential quarterly-average (QA) deposit growth picked up from the past couple of quarters.
LDR (a metric we consider irrelevant, but many investors still find important) declined to 95% from 99% in prior quarter.
Margins were up 3bp QoQ, a decent outcome in this environment when cost of wholesale deposits rose sharply post the Gulf conflict.
HDFCB’s gross slippages have declined YoY on an absolute basis for three consecutive quarters.
- April 20, 2026 10:19
Avendus on Alcohol Beverage
A standard bottle may hold only 750 ml of liquid, but in alcohol, it also carries aspiration, taxation, regulation and a surprising amount of investor interest.
Alcohol is one of India’s most resilient consumption categories, with demand anchored in habit, social occasions and rising aspiration rather than pure necessity
Category benefits from strong entry barriers, given heavy state regulation, high taxation and controlled route-to-market structures.
At the same time, premiumization is becoming a key growth driver, with consumers steadily upgrading to better brands and experiences.
This shifts the industry from being merely a volume story to a value-led growth story with stronger margin potential.
Backed by this premiumization theme, we
Initiate coverage on Indian Alcoholic Beverage sector
Initiate Buy on USL, TP Rs 1662
Initiate Buy on Radico Khaitan, TP Rs 4177
Initiate Buy on Tilaknagar Industries, TP Rs 550
Initiate Buy on Allied Blenders, TP Rs 671
Initiate Add rating on United Breweries , TP Rs 1837
- April 20, 2026 10:16
Review
Nifty Prediction Today – April 20, 2026: Nifty 50 Futures: Wait for dips to take fresh long positions
Nifty Prediction Today – April 20, 2026: Nifty 50 Futures: Wait for dips to take fresh long positions
Nifty 50 forecast for April 20, 2026: watch for dips to enter long positions amid current market fluctuations.
- April 20, 2026 10:15
Global bits
United States:
Ceasefire fragility and oil volatility are complicating Fed rate-cut hopes, with inflation risks rising while markets remain cautiously resilient.
Canada:
Energy-driven inflation spillovers from the Iran conflict keep policy outlook cautious amid global volatility.
Germany:
Growth forecast for 2026 cut to 0.5% as energy shocks lift inflation, though recession risks remain contained.
Eurozone:
Euro zone faces upside inflation and downside growth risks, with the ECB staying vigilant but not rushing hikes.
Italy:
Modest Q1 growth supported by Olympic-related activity despite broader geopolitical headwinds.
United Kingdom:
Bank of England prioritizes inflation control as war-driven energy pressures complicate growth trade-offs.
Japan:
BOJ signals potential mid-year rate hike amid near-target inflation despite global uncertainty.
India:
Rupee and bonds gained brief relief from oil price dips, but vulnerability to renewed energy disruptions persists.
China:
Early recovery signals in property sector, though broader outlook remains sensitive to energy and trade volatility.
South Korea:
Highly exposed to Hormuz disruptions as a net energy importer, facing inflation and supply risks.
Vietnam:
Energy import dependence increases vulnerability to oil price spikes and imported inflation.
Thailand:
Economic risks rise from fuel costs and potential jet fuel shortages affecting tourism and airlines.
Russia:
Benefits from elevated oil prices amid disruptions, while U.S. waiver extension allows continued crude exports.
Kenya:
Seeking emergency World Bank funding to cushion energy shock impacts and fiscal strain.
Brazil:
Oil price support helps external accounts, but 2026 growth remains modest at 1.9%.
Mexico:
Moderate 1.6% growth expected, with war-driven inflation pressures adding to policy challenges.
Iraq:
Credit outlook downgraded due to heavy reliance on Hormuz for crude exports and heightened conflict risks.
Saudi Arabia:
Oil market volatility persists, with recovery dependent on stable and sustained reopening of the Strait of Hormuz.
Source: Reuters
- April 20, 2026 10:08
Quarterly results
HDFC Bank shares flat on the NSE at Rs 793.85.
The Bank on Saturday reported a 9 per cent year-on-year (yoy) increase in standalone net profit at ₹19,221 crore in the fourth quarter (Q4FY26) against ₹17,616 crore in the year-ago period. Follow for more updates.
- April 20, 2026 10:06
Industry update
Adani Atomic Energy Limited (“AAEL”), a whollyowned subsidiary of the Company, has incorporated a wholly-owned subsidiary, namely, Coastal-Maha Atomic Energy Limited (“CMAEL”)
Adani Power shares traded flat on the NSE at Rs 203.60.
- April 20, 2026 10:05
Finance
Poonawalla Fincorp strengthens AI-First vision with unified customer experience platform
Shares down 1% to Rs 408.70 on the NSE.
- April 20, 2026 10:04
Companies
Krishival Foods Crosses 15,000 Deep Freezers, Strengthening Cold Chain Infrastructure and Retail Reach Across India for its ice cream brand Melt N Mellow
Shares flat at Rs 328.00 on the NSE.
- April 20, 2026 09:59
Rupee rises 13 paise to 92.78 against US dollar in early trade
Rupee rises 13 paise to 92.78 against US dollar in early trade
Rupee rises 13 paise to 92.78 against the US dollar in early trade amid falling crude oil prices and geopolitical tensions.
- April 20, 2026 09:47
Sterling and Wilson Renewable Energy jumps 8% after emerging L1 bidder for ₹3,490 crore Coal India solar project
Sterling and Wilson Renewable Energy Limited (SWREL) has been declared as L1 bidder in a tender of Coal India for a turn-key EPC package for development of a 875 MW (AC) grid connected Solar PV Project in Bikaner, Rajasthan, India. The total value of contract including O&M and taxes is ~INR 3,490 crore.
Shares traded 8% higher at Rs 209.24 on the NSE.
- April 20, 2026 09:28
Crude oil futures rise as tensions escalate again in West Asia
Crude oil futures rise as tensions escalate again in West Asia
Crude oil futures surge amid rising tensions in West Asia following a US Navy seizure of an Iranian cargo vessel.
- April 20, 2026 09:28
Nifty slips below 24,300 at open as Iran tensions, crude spike rattle investors
Nifty slips below 24,300 at open as Iran tensions, crude spike rattle investors
Nifty opens lower at 24,250 amid rising crude prices and heightened Iran tensions, impacting investor sentiment.
- April 20, 2026 09:25
Opening bell: Sensex traded 108.20 pts or 0.14% lower at 78,385.34, and Nifty 50 dipped 52.20 pts or 0.21% to 24,301.35.
- April 20, 2026 09:21
Krishival Foods deploys 15,000+ freezers to boost Melt ‘n Mellow ice cream reach
Krishival Foods has crossed a key milestone by deploying over 15,000 deep freezers across its retail network, strengthening its cold chain for the Melt ‘n Mellow ice cream brand. The network expanded sharply from 3,732 units to 15,490 by March 2026, enhancing last-mile distribution. The move is aimed at improving product availability, quality consistency and visibility, while accelerating the brand’s presence across urban as well as Tier II and Tier III markets.
Shares flat at Rs 328.00 on the NSE.
- April 20, 2026 09:20
Crude oil surges over 5% after US Navy seizes Iranian vessel near Strait of Hormuz
Crude oil futures traded higher on Monday morning after the US Navy attacked and seized an Iranian-flagged cargo vessel that ignored orders to stop while exiting the Strait of Hormuz. At 9.18 am on Monday, June Brent oil futures were at $95.29, up by 5.43 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $87.41, up by 5.84 per cent. May crude oil futures were trading at ₹8125 on Multi Commodity Exchange (MCX) during the initial hour of trading on Monday against the previous close of ₹7666, up by 5.99 per cent, and June futures were trading at ₹7892 against the previous close of ₹7507, up by 5.13 per cent.
- April 20, 2026 09:08
INDIAN RUPEE OPENS UP 0.1% AT 92.8250 PER U.S. DOLLAR; PREVIOUS CLOSE 92.9250
- April 20, 2026 08:59
South Korea President Lee says India summit could mark turning point in ties
India-South Korea summit may mark turning point in ties, says President Lee
South Korea President Lee says India summit could mark turning point, with talks on trade, semiconductors, defence and deeper strategic ties.
- April 20, 2026 08:50
India bonds set to start week lower on US-Iran uncertainty
India bonds set to start week lower on US-Iran uncertainty
India's bond yields are set to decline as oil prices rise amid escalating U.S.-Iran tensions, affecting market stability.
- April 20, 2026 08:40
Adani Power steps into nuclear energy with new subsidiary CMAEL
Adani Power expands nuclear ambitions with Coastal-Maha Atomic Energy Ltd
Adani Power forms Coastal-Maha Atomic Energy Ltd to enter nuclear sector, aligning with government push for private participation in nuclear power.
- April 20, 2026 08:36
EQUITY PREVIEW
Aurobindo Pharma (ARBP): Gets US FDA nod for Dextromethorphan Polistirex suspension, a copy of Delsym
Bharat Forge (BHFC): Says unit to buy 90% stake in RS Aerostructures for up to INR 36m
Bharat Heavy Electricals (BHEL): Withdraws acceptance of letter of intent from MB Power to supply boiler, turbine and generator for thermal plant
Cipla (CIPLA): Gets two observations from US FDA for Goa facility
HDFC Bank (HDFCB): 4Q Net Income +9.1% Y/y to INR 192.2b, Beats Estimates
Hindustan Petroleum (HPCL): Govt Approves Raising HPCL Rajasthan Project Cost to $8.6B
ICICI Bank (ICICIBC): 4Q Net Income +8.5% Y/y to INR 137b, Beats Estimates
Jio Financial (JIOFIN): 4Q Net Income 2.72B Rupees Vs. 3.16B Rupees Y/y
Lupin (LPC): U.S. FDA concluded an inspection at Somerset plant with three Form 483 observations issued
Network18 Media (NETM): 4Q Net Loss 305.2M Rupees Vs. Loss 303.1M Rupees Y/y
NTPC Green Energy (NTPCGREE): Says 87.50 MW Rajasthan JV project with ONGC starts operations
Onix Solar Energy (ONIXSOLA): Approves raising INR 1.3b via rights issue of shares
PC Jeweller (PCJL): Cuts outstanding debt of banks by another 10%
Tata Consultancy (TCS): TCS Engages Deloitte and Trilegal as counsel for Nashik unit probe
Trent (TRENT): Board to Mull Bonus Shares, Rights Issue on April 22
UltraTech Cement (UTCEM): Commissions 8.7 mtpa cement capacity in three plants
UltraTech Cement Crosses 200M Tons/Yr Capacity With New Units
Yes Bank (YES): 4Q Net Income +45% Y/y to INR10.7b, Beats Estimates
- April 20, 2026 08:35
Titagarh launches fourth diving support craft for Indian Navy under Make in India
Titagarh Rail Systems’s subsidiary Titagarh Naval Systems has launched the fourth Diving Support Craft (A23) for the Indian Navy as part of a five-vessel project under the Make in India initiative. The vessel was launched at the Hooghly River and is designed as a catamaran-type craft equipped with advanced indigenous systems. It will support critical underwater operations such as inspection, repair, maintenance and salvage in harbour and near-shore environments, strengthening the Navy’s operational capabilities.
- April 20, 2026 08:34
Poonawalla Fincorp launches AI platform to automate 80% customer interactions
Poonawalla Fincorp has launched a next-generation conversational AI platform to power its omnichannel customer service, marking a key step in its AI-first transformation. The platform is designed to handle up to 80% of voice and chat interactions autonomously, improving efficiency and reducing costs. It uses advanced multi-agent AI with real-time insights such as customer history, risk flags and sentiment analysis, while routing complex cases to human agents. The move is aimed at enhancing customer experience, speeding up resolutions and strengthening compliance, as the company embeds AI across operations including lending, risk management and internal processes.
Shares down 1% to Rs 408.70 on the NSE.
- April 20, 2026 08:23
ADANI ENTERPRISES: CO'S ARM INCORPORATES THREE AIRPORT CITY SUBSIDIARIES FOR REAL ESTATE EXPANSION
- April 20, 2026 08:23
FIIs, DIIs turn net sellers amid global uncertainty; Nifty rises for second week on easing geopolitical tensions
Pabitro Mukherjee, Associate Vice President- Research, Bajaj Broking
FII AND DII Weekly ACTIVITY: 18-04-26
Foreign Institutional Investors (FIIs) continued to remain net sellers in the past week, offloading equities worth ₹2.5 bn based on provisional exchange data despite being net buyer in 3 out of the 4-trading session during last week . Domestic Institutional Investors (DIIs) has also been net sellers in the past week selling equities worth ₹62.9 bn based on provisional exchange data.
The broader trend remains unchanged on a month-to-date basis. FIIs have pulled out a substantial ₹392.2 bn from Indian equities, while DIIs have infused ₹296.9 bn during the same period.
Institutional flows last week were largely driven by global developments. On Monday, FIIs were net sellers, offloading equities worth ₹19.8 bn after peace negotiations between the U.S. and Iran in Islamabad collapsed following a 21-hour marathon session, failing to secure a long-term nuclear commitment from Tehran. Sentiment improved as the week progressed as U.S. President Donald Trump indicated that Washington and Tehran might resume discussions over the upcoming weekend. Reacting to the positive development FIIs were net buyers in the last 3 trading session totalling ₹17.3 bn.
Nifty gained for the second week in a row closing higher by more than 1% amid strong global cues as Investor sentiment was lifted after Israel agreed to a temporary ceasefire with Lebanon, while U.S. President Donald Trump signalled that Washington and Tehran could resume talks over the weekend, raising hopes for a broader de-escalation in the region.
Looking ahead, institutional activity is expected to be driven by a mix of global and domestic factors, with developments in US–Iran negotiations remaining a key monitorable due to their potential impact on geopolitical stability and global energy markets—any progress or setbacks could trigger volatility in crude oil prices. Additionally, the trajectory of quarterly corporate earnings will play a crucial role in shaping investor sentiment, sectoral allocation, and the broader direction of equity markets in the near term.
- April 20, 2026 08:23
Akshaya Tritiya and gold festive trends by Prashant Pimple, CIO – Fixed Income, Baroda BNP Paribas MF for your perusal.
“ Historically, we have witnessed gold being an integral part of any portfolio, especially during times of uncertainty, and as a hedge against inflation. Even in current times we see gold as a haven against economic uncertainty, hedge against inflation, portfolio diversification and liquidity. Hence, we think that allocation to Gold in any form is a much-needed requirement.
In the recent past, precious metals have registered a fabulous rally mainly due to central bank interest in accumulation of reserves in form of precious metals. Going ahead also we expect gold, in addition to retail investor allocation will also remain core portfolio for many central banks around the world. However, near term outlook will depend on evolving global macro environment, liquidity, and inflation impact of the ongoing geopolitical scenario.
An Ideal channel for investing in gold, as Indians tend to prefer physical gold, while digital/paper gold is fast picking up. Allocating to gold in any form is crucial for any portfolio today. From ease of investment, monitoring, purity, cost benefit analysis and liquidity perspective we think digital form of gold via Gold ETF/ Gold fund of Fund and Multi asset allocation strategy is preferable over any form of physical gold.”
- April 20, 2026 08:22
PNB launches Mega Retail Outreach Programme across 160+ Centres
~ Offers seamless access to retail loans with competitive rates, minimal documentation, and digital convenience ~
New Delhi, 18 April 2026: Punjab National Bank (PNB), nation’s leading public sector bank, has organized one day Mega Retail Outreach Programme across 160+ centres PAN India. The programme is aimed at enhancing access to affordable and convenient retail financing solutions for customers across segments.
Rolled out simultaneously across the Bank’s extensive network, the programme offered a comprehensive suite of retail loan products onto a single platform. It was designed to simplify access to credit through competitive interest rates, minimal documentation, and faster turnaround times, enabling customers to fulfil their aspirational financial needs with ease.
As part of the programme, customers were offered various retail loan products at attractive rates, including:
Home Loans: Interest rates starting from 7.25%
Loan Against Property: Interest rates starting from 9.05%
Car Loans: Interest rates starting from 7.60%
Education Loans: Interest rates starting from 6.85%
Surya Ghar (Solar Financing): Interest rates starting from 5.75%
- April 20, 2026 08:22
RR MetalMakers completes sale of Gujarat plant for ₹2.65 crore
RR MetalMakers India Limited (BSE: 531667) has officially announced the completion of the sale of its manufacturing undertaking/plant located in Sabarkantha, Gujarat. The transaction was finalized on April 16, 2026, following a Memorandum of Understanding (MOU) previously executed with Ojas Ecopower Limited.
The company has divested its unit situated at Survey No. 36, Dehgam-Dhansura Road, Talod.
Total Consideration: The company received ₹2.65 crore (plus applicable taxes) for the disposal of the plant.
Asset Contribution: For the financial year ended March 31, 2025, the Gujarat unit contributed ₹3.52 crore to the company’s turnover, representing 6.70% of total standalone revenue.
- April 20, 2026 08:21
SGL Resources wins ₹14 lakh geospatial order from Ananth Technologies
SGL Resources Limited (BSE: 526544), a prominent player in the geospatial and technology sector, has announced the receipt of a new domestic order valued at ₹14 Lakhs. The order has been awarded by Ananth Technologies Private Limited, a well-known entity in the aerospace and defense electronics domain.
- April 20, 2026 08:21
Lemon Tree Hotels signs new property in Garudeshwar, Gujarat; total properties in state reach 32
Lemon Tree Hotels Limited, India’s largest midpriced hotel chain, today announced the signing of Lemon Tree Hotel, Garudeshwar, Gujarat, further expanding its presence in the State.
With this addition, the Company will have 32 properties in Gujarat (11 operational and 21 upcoming), reflecting its focus on building scale across tourism and pilgrimage-driven markets.
- April 20, 2026 08:21
Orient Green Power’s subsidiary inks contract with Pioneer Wincon for wind farm technology upgrade in southern India
Orient Green Power Company Limited (NSE: GREENPOWER, BSE: 533263) has announced that its material step-down subsidiary, Clarion Wind Farm Private Limited, has entered into a significant contract with M/s. Pioneer Wincon Energy Systems Pvt Limited (Pioneer).
The contract, executed on April 17, 2026, focuses on the technology upgrade and performance enhancement of the company’s renewable energy assets in Southern India
- April 20, 2026 08:20
WATCH: Today's stock recommendation
- April 20, 2026 08:20
IDFC First Bank enables seamless digital customs duty, excise, and service tax payments via ICEGATE 2.0 integration
IDFC First Bank has announced the launch of special services for its individual and business customers, enabling seamless digital payment of Customs Duty, Central Excise and Service Tax through integration with ICEGATE 2.0.
With this integration, customers can initiate tax payments seamlessly through the ICEGATE portal and complete transactions using IDFC FIRST Bank’s Retail and Corporate Internet Banking platforms, ensuring a secure, efficient and fully digital experience. The platform provides customers with real-time transaction confirmation, an intuitive online journey, and the ability to download challans instantly for record-keeping and reconciliation
- April 20, 2026 08:19
WATCH: In English: Nifty and Bank Nifty Prediction for this week: April 20-24
- April 20, 2026 08:19
WATCH: In Tamil: Nifty & Bank Nifty this week April 20-24
- April 20, 2026 08:18
Ola Electric launches Akshaya Tritiya offers with benefits up to ₹50,000; unveils limited-edition gold scooter
Ola Electric today announced Ola Sona Weekend to celebrate the auspicious occasion of Akshaya Tritiya, offering customers benefits worth up to ₹50,000 across its electric vehicle portfolio. As part of the celebration of one of India’s most auspicious festivals, customers will also stand a chance to win the Ola Sona, a limited-edition scooter with real 24-karat gold plated elements. Additionally, the company is offering its Gen 3 S1 X (2kWh) and Roadster X (2.5 kWh) at just ₹49,999, along with benefits of up to ₹50,000 across the portfolio, only valid on 18th and 19th April 2026.
- April 20, 2026 08:17
Bhooth Bangla dominates box office on debut, collects ₹21.6 crore on day one
Balaji Motion Pictures, a division of Balaji Telefilms Ltd, in association with Cape of Good Films, presents Bhooth Bangla starring Akshay Kumar, Wamiqa Gabbi, Paresh Rawal, Tabu, and Rajpal Yadav. Directed by Priyadarshan and Produced by Akshay Kumar, Shobha Kapoor, and Ektaa R Kapoor. Bhooth Bangla is now released in theaters. It dominated the box office on its very first day, collecting ₹21.60 crore in India.
- April 20, 2026 08:17
Icon Facilitators wins ₹1.38 crore technical manpower order from Embassy Services
Icon Facilitators Ltd has received an order from the Embassy Services Private Ltd for Technical Manpower services at Max Square Limited, Plot No C3-C, Jaypee Wishtown, Greater Noida Expy, Sector 129, Noida, Uttar Pradesh, India, 201304. The order value is Rs. 1,38,48,488/-.
- April 20, 2026 08:17
Aditya Vision appoints Pankaj Tripathi as first brand ambassador
Aditya Vision Limited has appointed Mr. Pankaj Tripathi as its Brand Ambassador for a period of one (1) year. This marks the first instance of the Company onboarding a brand ambassador, with the objective of strengthening customer engagement and bringing its offerings closer to consumers. Mr. Tripathi, known for his strong connect with audiences of Hindi Heartland and credible persona, is expected to enhance the visibility of the Company and its products and support its outreach across key markets.
- April 20, 2026 08:16
Karur Vysya Bank raises MCLR by 5 basis points across all tenors
Karur Vysya Bank has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR). These adjustments, approved in alignment with the current financial environment, are scheduled to take effect from April 22. The bank has implemented a consistent increase of 5 basis points (0.05%) across all tenor categories, reflecting a marginal rise in the cost of managing and sourcing funds.
- April 20, 2026 08:16
Jindal Stainless launches 'Jindal Infinity' rebars in Punjab, marking retail debut
Jindal Stainless, India’s leading stainless-steel manufacturer, has announced the retail debut of its stainless steel rebars, ‘Jindal Infinity’, with a launch in Punjab, marking a strategic step towards bringing advanced construction solutions closer to end consumers. The product was unveiled in Amritsar through a two-day event hosted by Jindal Stainless, bringing together contractors, architects, and structural engineers, key stakeholders who play a critical role in material selection at the ground level. The interactions focused on driving material awareness, enhancing product understanding, and showcasing end-use applications. The product rollout is supported by an initial retail and distribution network of approximately 20 partners across Punjab.
- April 20, 2026 08:16
IDFC First Bank goes live on ICEGATE 2.0 for customs duty payments
IDFC FIRST Bank Goes Live on ICEGATE 2.0 Portal for Customs Duty Payments
Integration of ICEGATE 2.0 completes IDFC FIRST Bank’s tax payment suite
Authorised by RBI, Central Board of Indirect Taxes and Customs (CBIC) and Ministry of Finance
Among a select private sector banks supporting tax payments across Direct Tax, GST and Customs
Extends secure, digital tax payment capabilities to businesses and individuals
Provides easy access to downloadable challans and instant payment confirmations.
- April 20, 2026 07:35
Over a dozen stocks, including UltraTech, Lupin, Aurobindo Pharma, EMS, Amagi Media, Zee, PC Jeweller, to remain in focus
Over a dozen stocks, including UltraTech, Lupin, Aurobindo Pharma, EMS, Amagi Media, Zee, PC Jeweller, to remain in focus
Stocks across cement, pharma, infrastructure and media sectors are in focus as UltraTech Cement hits a major capacity milestone, while regulatory updates, order wins and strategic deals drive stock-specific action.
- April 20, 2026 07:27
Iran launches drones at US warships after vessel attack in Sea of Oman
Iran launches drones at US warships as Strait of Hormuz tensions escalate
Iran launches drones at US warships after vessel attack, escalating Hormuz tensions and raising concerns over global shipping routes and energy supplies.
- April 20, 2026 07:20
Power, energy cues seen boosting stocks: BHEL, Adani Power, Gujarat Gas, BPCL, MCX
Power, energy triggers to watch: BHEL, Adani Power, Gujarat Gas, BPCL, MCX
MCA clears GSPC merger, Adani enters nuclear energy, BHEL exits project, DCI signs IOCL deal, and MCX gets SEBI nod for coal exchange venture.
- April 20, 2026 07:02
Gold falls over 1% as dollar strengthens, oil surge fuels inflation fears
Gold falls over 1% as dollar firms, oil surge amid Iran tensions fuels inflation fears
Gold drops over 1% as a stronger dollar weighs, while rising oil prices amid US-Iran tensions revive inflation fears and keep global markets volatile.
- April 20, 2026 06:52
RESULTS THIS WEEK
20th April 2026: AXITA, BINNY, GROWW, INDBANK, JUPITERIN, MAHABANK, NAVKARCORP, NELCO, PNBGILTS, PNBHOUSING, SMLMAH, UGROCAP, WAAREEINDO.
21st April 2026: 360ONE, CMPDI, CYIENTDLM, DBSTOCKBRO, HCL Technologies, MAHEPC, NDLVENTURE, Nestlé India, PERSISTENT, POWERICA, PURPLEFIN, RAJRATAN, SUNTECK, TARIL, Tata Elxsi, Tata Investment Corporation.
22nd April 2026: AMAL, BHARATCOAL, DELTACORP, Havells India, L&T Technology Services, MAHSCOOTER, Oracle Financial Services Software, ONTIC, SANGAMIND, SARLAPOLY, SBI Life Insurance, SKYLMILAR, Tata Communications, Tech Mahindra, Trent.
23rd April 2026: ABSLAMC, ADANIENSOL, AURUM, BLUESTONE, CHOICEIN, CIEINDIA, CYIENT, GUJHOTE, HINDCOMPOS, HSCL, Indian Energy Exchange, Infosys, LTM, MAHLOG, MORARKFI, PAEL, SUMERUIND, SWSOLAR, TATACAP, TECHIN, Tata Teleservices (Maharashtra), UTI Asset Management Company.
24th April 2026: Adani Green Energy, ATISHAY, ATUL, Can Fin Homes, Chennai Petroleum Corporation, DCB Bank, DHRUVCA, IndusInd Bank, JAYNECOIND, L&T Finance, Mahindra & Mahindra Financial Services, Mangalore Refinery and Petrochemicals, Reliance Industries, RPEL, Shriram Finance, SPLPETRO, Tanla Platforms, Tamil Nadu Newsprint and Papers, VINYLINDIA, WENDT, Zensar Technologies.
25th April 2026: Axis Bank, IDFC First Bank, India Cements, MANTRA, SAMPANN, SBFC.
26th April 2026: AVANTEL.
- April 20, 2026 06:50
HDFC Bank Q4FY2026
- NII at Rs 33082 crore versus poll Rs 33738 crore
- Net Profit at Rs 19221 crore versus poll Rs 19025 crore
- Gross NPA at 1.15% versus 1.24% QoQ
- Net NPA at 0.38% versus 0.42% QoQ
- The Board of Directors have now recommended a final dividend of ₹ 13.00 per equity share (Record Date: 19th June)
- April 20, 2026 06:50
ICICI Bank Q4FY2026
* NII at Rs 22979 crore versus poll Rs 22712 crore
* Net Profit at Rs 13702 crore versus poll Rs 12677 crore
* Gross NPA at 1.40% versus 1.53% QoQ
* Net NPA at 0.33% versus 0.37% QoQ
* NIM at 4.32% versus 4.30% QoQ
* Provisions at ₹ 96 crore crore versus ₹ 891 crore YoY
* The Board of Directors have now recommended a final dividend of ₹ 12.00 per equity share
- April 20, 2026 06:41
Index Outlook: High hopes
Index Outlook: Strength Building Up
Bullish outlook for Indian indices as Nifty, Sensex, and Bank index rise, with short-term dips expected to be temporary.
- April 20, 2026 06:40
US Market Outlook: Bourses break a barrier
US Market Outlook: Bourses Break Barrier
US markets show bullish momentum as major indices surge, breaking barriers and indicating potential for further gains ahead.
- April 20, 2026 06:40
Tech Query: GAIL (India), Force Motors, Coforge, Aditya Birla Real Estate - what is the outlook? Where are these stocks headed?
Tech Query GAIL (India), Force Motors, Coforge, Aditya Birla Real Estate - What Is The Outlook? Where Are These Stocks Headed?
Explore stock outlooks for GAIL, Force Motors, Coforge, and Aditya Birla Real Estate to guide your investment decisions.
- April 20, 2026 06:40
Movers & Shakers: Stocks that will see action this week
Movers & Shakers: Stocks That Will See Action This Week
Discover which stocks, including IRB Infrastructure, PB Fintech, and Star Health, are poised for significant movement this week.
- April 20, 2026 06:39
Stock to buy today: KFin Technologies (₹976.05)
Stock to buy today: KFin Technologies (₹976.05)
Traders can buy shares of KFin Technologies now at ₹976 and accumulate at ₹950. Place stop-loss at ₹900
Published on April 20, 2026
