ensex Today, Nifty 50 | Stock Market Highlights - The benchmark BSE Sensex was up 0.79% at 77,496.36, while the broader NSE Nifty 50 index advanced 0.76% to 24,177.65, as stock-specific gains after quarterly earnings offset higher Brent crude prices on reports the U.S. may extend its blockade of Iranian ports.
Among the top movers in the Nifty 50, ITC, Maruti Suzuki, Tech Mahindra, Coal India and M&M led the gainers, while IndiGo, Dr Reddy’s Laboratories, JSW Steel and ICICI Bank were among the laggards.
Broader markets also saw buying interest, with small-cap stocks outperforming midcaps, rising around 1%. On the sectoral front, most indices traded in positive territory, barring media and consumer durables. Realty and FMCG stocks led the gains, each advancing over 2%.
In terms of activity, Vodafone Idea, Eternal, JP Power and Bandhan Bank were among the most actively traded stocks by volume during the session.
Key highlights
Sensex settled with 609.45 pts or 0.79% gains at 77,496.36, and Nifty 50 was up 181.95 pts or 0.76% to 24,177.65.
Rupee closed at 94.8450 per US dollar, down 0.3%
- Maruti Suzuki shares rise over 4% after Q4 earnings, brokerages stay positive
- Gold steady after 2-day drop as Iran war fans inflation fears
- Crude oil futures edge lower after UAE announces OPEC exit
- UAE exit blindsides OPEC and threatens to shake its grip on oil
- April 29, 2026 15:57
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- April 29, 2026 15:54
MAS Financial Services reported standalone net profit for the quarter ended March 2026 at Rs 99.72 crore compared to Rs 80.82 crore in the same quarter last year.
- Board recommended final dividend of Rs 0.75 per share.
- Approved to increase borrowing power up to Rs 15,000 crore.
- Approved the borrowings of funds by way of issuance of Non-Convertible Debentures (NCDs) and Commercial Papers (CPs) upto an aggregate amount of Rs. 3000 Crore and Rs. 1000 Crore respectively, in one or more tranches through private placement basis
- April 29, 2026 15:53
Rupee hits record closing low as oil prices surge amid Iran conflict
Rupee hits record closing low as oil prices surge amid Iran conflict and foreign outflows
Rupee falls to record low of 94.8450 as oil prices jump, Iran tensions persist and foreign selling continues, prompting RBI-backed support in forex market.
- April 29, 2026 15:52
Indiabulls reported standalone net profit for the quarter ended March 2026 at ₹63.53 crore compared to ₹41.38 crore loss in the same quarter last year.
- April 29, 2026 15:51
PhonePe Surpasses 700 Million Registered Users, Accelerates Growth Momentum
- April 29, 2026 15:51
India exports rise in early April despite West Asia crisis: Piyush Goyal
India exports rise in April despite West Asia crisis, says Piyush Goyal
India exports rise in early April despite West Asia tensions, says Piyush Goyal, highlighting FTAs with UAE, UK, EU and ongoing global trade talks.
- April 29, 2026 15:43
Indian IT sector faces prolonged slowdown as AI deflation pressures pricing
- April 29, 2026 15:43
Gold slips as oil prices fuel inflation fears ahead of Fed chair remarks
Gold slips as oil prices fuel inflation fears ahead of Fed chair remarks
Gold prices dip as inflation fears rise from oil costs, with eyes on Fed Chair Powell's upcoming remarks.
- April 29, 2026 15:39
Adani Power reported 64.3% jump in consolidated net profit
Adani Power reported 64.3% jump in consolidated net profit for the quarter ended March 2026 at Rs 4,271.40 crore from Rs 2,599.23 crore in the same quarter last year.
In FY26, the PAT stood at Rs 12,971.08 crore compared to Rs 12,749.61 crore in the year-ago period.
- April 29, 2026 15:30
Shree Digvijay Cement reported standalone net profit for the quarter ended March 2026 at ₹7.94 crore compared to ₹18.36 crore in the same quarter last year
- Board recommended a dividend of ₹1 per share.
- Shares traded at ₹72 on the NSE, down 2%.
- April 29, 2026 15:28
Ion Exchange (India) has executed a Technology Transfer Agreement with MANN + HUMMEL.
- April 29, 2026 15:26
Bondada Engineering net profit rises 13% in Q4
Bondada Engineering net profit rises 13% in Q4
Bondada Engineering reports a 13% net profit increase in Q4, reflecting strong financial performance and growth momentum.
- April 29, 2026 15:14
Sun Pharma puts in place team to integrate Organon global operations
Sun Pharma puts in place team to integrate Organon global operations
Integration committee to be operational in less than a month, ready to roll out once all approvals come in
- April 29, 2026 15:06
Bondada Engineering secured multiple orders aggregating to ₹125.30 Crore
- April 29, 2026 15:06
Piccadily Agro Q4 profit rises 13.6% to ₹45.2 crore; FY26 revenue crosses ₹1,110 crore
Piccadily Agro Q4 profit rises 13.6% to ₹45.2 crore; FY26 revenue crosses ₹1,110 crore
Its sales rose 31.8%to ₹353.69 crore in the December quarter of FY26, compared to ₹268.23 crore in the corresponding period of the previous fiscal
- April 29, 2026 15:02
Q4 results live: Capital Small Finance Bank
Capital Small Finance Bank reported net profit for the quarter ended March 2026 at Rs 40.08 crore compared to Rs 34.24 crore in the same quarter last year.
Board announced fixation of record date as June 18, 2026, for the payment of dividend of Rs 5 per share.
Shares traded 3% positive at Rs 272.25 on the NSE.
- April 29, 2026 14:54
Tata Motors files record 144 patents in FY26
Tata Motors files record 144 patents in FY26
Commercial vehicles major Tata Motors Ltd on Wednesday said it filed 144 patent applications in FY26, marking its highest number of patent filings in a single year.
- April 29, 2026 14:48
Q4 results live: Vedanta
Vedanta posted consolidated net profit for the quarter ended March 2026 at Rs 9,352 crore compared to Rs 4,961 crore for the same quarter last year.
In FY26, the PAT stood at Rs 25,096 crore compared to Rs 20,535 crore in the year-ago period.
Shares surged 4.5% to Rs 772.65 on the NSE
- April 29, 2026 14:23
Q4 results live: Federal bank
The Federal Bank reported standalone net profit for the quarter ended March 2026 at Rs 1259.10 crore compared to Rs 1030.23 crore in the same quarter last year.
Board also recommended a final dividend of Rs 1.20 per share.
Shares flat on the NSE at Rs 286.55
- April 29, 2026 14:17
Q4 results live today: Vakrangee
Vakrangee reported standalone net profit for the quarter ended March 2026 at Rs 3.33 crore compared to Rs 2.8 crore in the same quarter last year.
Shares flat at Rs 7 on the NSE.
- April 29, 2026 14:15
Q4 results live today: Indian Bank
Indian Bank reported standalone net profit for the quarter ended March 2026 at Rs 3,103.13 crore, compared to Rs 2,956.07 crore in the same quarter last year.
In FY26, the PAT stood at Rs 12,155.65 crore as against Rs 10,918.29 crore in the year-ago period.
Shares flat at Rs 903.05 on the NSE.
- April 29, 2026 14:09
AWL flags 20% rise in oil-linked costs amid West Asia conflict
AWL flags 20% rise in oil-linked costs amid West Asia conflict
AWL reports a 20% increase in oil-linked costs due to the West Asia conflict, impacting chemicals and packaging prices.
- April 29, 2026 14:02
Copper futures: Retains positive outlook
Copper futures: Retains positive outlook
If May futures breaks out of ₹1,305, it can see another leg up, possibly to ₹1,400. On the other hand, if the contract slips below the support at ₹1,100, it could see a decline to the ₹1,230-1,250 support band
- April 29, 2026 14:00
Q4 results live today: Sterlite Technologies
Sterlite Technologies posted standalone net profit for the quarter ended March 2026 at Rs 33 crore compared to Rs 8 crore loss in the same quarter last year.
In FY26, the PAT stood at Rs 2 crore compared to Rs 127 crore loss in the year-ago period.
The Board has not recommended any dividend for the financial year ended March 31, 2026.
Board approved raising of funds, inter alia, by issue of equity shares or any other equity linked instruments or securities including convertible securities or non-convertible securities or combination of such securities through inter alia, a private placement for an aggregate consideration of up to Rs. 2000 crore.
Shares traded flat on the NSE at Rs 287.55
- April 29, 2026 14:00
Sensex, Nifty surge 1% as earnings lift sentiment, ITC, Maruti, Tech Mahindra lead top movers
Sensex, Nifty surge 1% as earnings lift sentiment, ITC, Maruti, Tech Mahindra lead top movers
Gains were primarily driven by stock-specific action following quarterly earnings announcements, with investors reacting positively to corporate results across sectors.
- April 29, 2026 13:52
Stock Market live today: City Union Bank will continue focus on trust, customer service, and ease of banking, says new MD
City Union Bank MD reaffirms focus on trust, customer service
Trust, ease of banking, and customer service will continue to remain the key priorities of the bank even as we focus on MSME and other secured lending avenues, Vijay Anandh, the incoming MD and CEO of City Union Bank, said here on Wednesday.
- April 29, 2026 13:35
Quarterly results
Indian Overseas Bank reports sharp rise in quarterly profit
Indian Overseas Bank’s standalone net profit for the quarter ended March 2026 increased by 43 per cent year-on-year to ₹1,505.45 crore compared with ₹1,051.07 crore in the same quarter last year. In FY26, its PAT stood at ₹5,208.03 crore compared with ₹3,334.71 crore in the year-ago period. Shares rose 2 per cent to ₹35.54 on the NSE.
- April 29, 2026 13:34
Bansal Wire Industries posts higher quarterly and annual profit
Bansal Wire Industries’ standalone net profit for the quarter ended March 2026 increased by 12 per cent to ₹33.62 crore compared with ₹30 crore in the same quarter last year. In FY26, its PAT stood at ₹129.74 crore compared with ₹125.16 crore in the year-ago period. Shares surged 3 per cent to ₹312.50.
- April 29, 2026 13:34
Renisha Chainani, head of Research at Augmont, writes - Precious Metals pressured by geopolitical tensions and higher rates
· Safe-Haven Dynamics – Gold traded below $4,600 and Silver below $73, both near one-month lows, as stalled US-Iran negotiations and the continued closure of the Strait of Hormuz heightened inflation concerns. Higher energy prices, a strengthening dollar, elevated inflation expectations, and a persistent higher-for-longer interest rate outlook have collectively tightened short-term conditions for precious metals.
· Geopolitical Developments - President Trump confirmed that Iran has formally requested the US lift its naval blockade while conflict resolution talks remain ongoing. The closure has disrupted roughly 20% of global oil supply — a shock the IEA classified as the largest on record — directly tightening Middle East energy flows and amplifying inflationary pressure across markets
· Macro-economic Signals – Markets are increasingly pricing in the likelihood that major central banks will maintain or further raise interest rates, a scenario that structurally weakens the case for non-yielding assets like gold and silver. The BOJ held its policy rate steady earlier this week, while the US Fed, ECB, Bank of England, and Bank of Canada are all scheduled to deliver their rate decisions in the coming days.
Technical Triggers
· Gold has broken important support of $4650 (~ Rs 151,000), next target is $4550 (~ Rs 147,500).
· Silver is on the verge of breaking $73 (~ Rs 235,000), if prices sustain below this level, next target is $70 (~ Rs 225,000).
- April 29, 2026 13:33
RateGain Appoints Oscar Ganuza as Senior Vice President Revenue to Lead European Market Growth
- April 29, 2026 13:33
Omaxe Group announces Rs 250 Crore Investment in 'Omaxe Cassia' at Lucknow; 300 Homes Already Sold. Shares traded at Rs 82.85 on the NSE, up 2%.
- April 29, 2026 13:33
Companies
Granules India reports rise in quarterly and annual profit
Granules India reported a standalone net profit of ₹98.9 crore for the quarter ended March 2026, compared with ₹94 crore in the same quarter last year. In FY26, its PAT increased to ₹400.6 crore from ₹319.33 crore in the year-ago period. Shares were up 2 per cent to ₹716.50 on the NSE.
- April 29, 2026 13:31
Gold silver
What’s driving gold near ₹1.5 lakh, silver’s drop?
Why silver falls as crude surges, gold holds near ₹1.5 lakh?
Gold and silver prices came under pressure on Wednesday as rising crude oil prices and increased expectations of a US interest rate hike dampened sentiment across precious metals.
- April 29, 2026 13:31
Gold silver
Global gold demand rises 2% in Jan-Mar quarter on strong bar, coin buying: WGC
Global gold demand rises 2% in Jan-Mar quarter on strong bar, coin buying: WGC
Global gold demand rose a modest 2 per cent year-on-year to 1,231 tonnes in the January-March quarter, driven by a sharp 42 per cent surge in bar and coin investment to 474 tonnes amid geopolitical tensions and higher prices, according to the World Gold Council report released on Wednesday.
- April 29, 2026 12:52
Prithu raises $1.1 m to scale carbon removal platform for nature-based solutions
Prithu raises $1.1 m to scale carbon removal platform for nature-based solutions
Climate tech start-up to expand regenerative agriculture projects and dMRV infrastructure in India
- April 29, 2026 12:47
Gold silver
Central banks ‘scoop up a load’ of gold in bumpy first quarter
Central banks ‘scoop up a load’ of gold in bumpy first quarter
Net official-sector purchases totaled 244 tons in the three months, up from 208 tons in the previous quarter, according to estimates from the World Gold Council
- April 29, 2026 12:44
Real estate
Mahindra Lifespace pre-sales rise 21% to ₹3,405 crore in FY26 on strong housing demand
Mahindra Lifespace pre-sales rise 21% to ₹3,405 crore in FY26 on strong housing demand
Net profit grows 6% to ₹90.12 crore in Q4; full-year profit jumps to ₹298.17 crore
- April 29, 2026 12:39
Vested Finance receives GAP approval at GIFT City
Vested Finance, a leading global investing platform for Indian investors in India and globally to access international markets, has received approval as a Global Access Provider (GAP) under the International Financial Services Centres Authority (IFSCA) at GIFT City
- April 29, 2026 12:39
Neo Alternative Asset Managers announces first close of Neo Infra Income Opportunities Fund II
Neo Alternative Asset Managers Pvt Ltd (“NAAM”), formerly known as Neo Asset Management Pvt Ltd, one of India’s fastest-growing alternative asset management platforms with over ₹25,000 crore in assets under management, today announced the first close of its Neo Infra Income Opportunities Fund II, having raised ₹1,500 crore against a target fund size of ₹5,000 crore.
- April 29, 2026 12:33
Stock market
Magellanic Cloud forms JV for UAV manufacturing in India
Magellanic Cloud has announced the formation of a strategic joint venture (JV) to manufacture advanced unmanned aerial vehicle (UAV) systems in India. The company has entered into the JV with Rayonix Tech, an India-based defence technology company, in partnership with XTEND, an Israel-based AI-powered robotics, UAV and software systems company.
Shares traded flat on the NSE at ₹26.90.
- April 29, 2026 12:27
Companies
MTR Foods launches Minute Fresh Batter range in Hyderabad
MTR Foods, a part of Orkla India, today announced the launch of its MTR Minute Fresh Batter range in Hyderabad. The launch marks a strategic expansion of its convenience food portfolio in the city.
Orkla India traded flat on the NSE at ₹648.85.
- April 29, 2026 12:20
Info tech
Netweb Technologies launches high-speed storage platform aimed at AI data bottleneck
Netweb Tech launches high-speed storage platform to fix AI data bottleneck
The Faridabad-based company said the product is designed to address a core constraint in AI deployments — that GPU clusters are increasingly starved of data rather than compute power
- April 29, 2026 12:19
Companies
Ceinsys Tech secures Georgia LIS project worth ₹20.85 crore
Ceinsys Tech Ltd. in a joint venture with Magnasoft Consulting India Private Ltd. and GIS and RS Consulting Centre GeoGrapic LLC has received an acceptance letter from the Ministry of Environmental Protection and Agriculture of Georgia (MEPA) for the execution of the design, supply and installation of the Georgia Land Information System (LIS). The contract price is in the aggregate of ₹20.85 crore.
Shares traded flat at ₹1,093.50 on the NSE.
- April 29, 2026 12:14
Quarterly results
Go Digit Insurance shares edge up after Q4 PBT jumps 49%
Go Digit Insurance shares edge up after Q4 proft jumps 49%
Go Digit Insurance shares rise after a 49% increase in Q4 profit, despite ongoing selling pressure and year-to-date declines.
- April 29, 2026 12:13
Quarterly results
Umiya Buildcon posts 49% revenue jump in FY26, products segment logs decade-high quarterly sales
Umiya Buildcon posts 49% revenue jump in FY26, products segment logs decade-high quarterly sales
Umiya Buildcon reports 49% revenue growth in FY26, driven by record sales in products and strong gains in real estate.
- April 29, 2026 12:12
Stock Market Live Updates: Bajel Projects secures EPC orders worth over ₹400 crore
Bajel Projects has secured EPC orders from an international client in the West Asia and North Africa region worth ₹400 crore and more.
Shares traded 7.5 per cent higher at ₹195 on the NSE.
- April 29, 2026 12:12
Stock up
Stock Market Live Updates: Surana Solar reports profit in Q4 FY26
Surana Solar reported a net profit for the quarter ended March 2026 at ₹19.80 lakh compared to ₹21.91 lakh in the quarter ended December 2025 and a loss of ₹71.34 lakh in the March 2025 quarter.
In FY26, PAT increased to ₹123.97 lakh compared to ₹5.85 lakh in the year-ago period.
Shares traded 4 per cent higher on the NSE at ₹29.32.
- April 29, 2026 12:10
Stock up
Stock Market Live Updates: Star Health and Allied Insurance jumps 4% to hit 52-week high
Star Health and Allied Insurance Company shares traded 4 per cent higher at ₹538.80, hitting a 52-week high of ₹586.25 from the previous close of ₹517.30. The company reported a multi-fold jump in net profit to ₹111 crore for the fourth quarter ended March 2026.
- April 29, 2026 12:07
Stock up
Stock Market Updates LIVE: Greenply Industries jumps 13% on strong Q4 profit
Greenply Industries traded 13 per cent higher at ₹288.47 on the NSE, hitting a high of ₹293.57 from the previous close of ₹254.59, following an 86.7 per cent jump in its consolidated net profit to ₹31 crore for the March quarter of FY26.
- April 29, 2026 12:06
Stock down
Stock Market Live Updates: Dhanlaxmi Bank shares slip after hitting near 52-week high
Dhanlaxmi Bank shares traded at ₹30.76 on the NSE, down 3 per cent at 11:51 am, after soaring close to its 52-week high of ₹33.50 in early trade.
The company posted a net profit of ₹43.49 crore for Q4 FY26 against ₹28.98 crore in the same quarter last year.
- April 29, 2026 12:05
Companies
ixigo Launches Native Travel Apps on ChatGPT; Brings Conversational Travel Planning Across Flights, Trains, Buses and Hotels
- April 29, 2026 11:47
Emmvee Photovoltaic hits 52-week high as strong FY26 results fuel rally
Emmvee Photovoltaic shares hits 52-week high on strong FY26 results
Shares of Emmvee Photovoltaic Power Limited surged to a 52-week high of ₹299.50 in early trade on Wednesday.
- April 29, 2026 11:46
Gold silver
India’s gold investment demand tops jewellery for first time ever in March quarter
India’s gold investment demand tops jewellery for first time ever in March quarter
India’s investment demand for gold surpassed jewellery consumption for the first time on record in the March quarter, as investors turned to the precious metal amid subdued equity market returns, the World Gold Council (WGC) said on Wednesday.
- April 29, 2026 11:46
Stock market
Stock Market Live Updates: Bandhan Bank surges 10% to 52-week high as Q4 results beat estimates
Bandhan Bank surges 10% to 52-week high as Q4 results beat estimates
Shares of Bandhan Bank hit a 52-week high of ₹199.90 on the NSE on Wednesday, surging over 10 per cent to trade at ₹196.76 around 11.08 am, making it one of the most active counters of the session
- April 29, 2026 11:36
Stock up
E2E Networks in pact with US-based AI service provider for provision of GPU cloud computing services for a total committed value of $7.7 million for a 6-month term; shares surge on NSE
E2E Networks has entered into an agreement with a US-based AI service provider specialising in large-scale model training, for the provision of GPU cloud computing services along with other allied Services. The agreement, executed today, carries a total committed value of $7.7 million (approximately INR 73 crore) for a 6-month term.
Shares surged over 3% on the NSE to Rs 3,079
- April 29, 2026 11:34
Industry update
Texmaco Rail & Engineering Ltd, part of the Adventz Group, launches a network of Global Capability Centres under brand name, invariz, powered by ServiceNow platform. Shares up 2% on NSE to Rs 108.37
- April 29, 2026 11:32
Stock up
CEAT shares rally 12% to Rs 3,949.90 on NSE in early trade, edge down to trade at Rs 3,722.80 at 11.23 am
CEAT shares rallied 12% to Rs 3,949.90 on the NSE in early trade before trading at Rs 3,722.80 at 11.23 am (previous close Rs 3,516.70) The company posted an over two-fold jump in consolidated net profit at Rs 243.8 crore in the fourth quarter ended March 2026, riding on robust growth
- April 29, 2026 11:30
Stock up
Emmvee Photovoltaic Power shares hit 52-week high on NSE
Emmvee Photovoltaic Power shares hit 52-week high on the NSE at Rs 299.50. At 11.16 am, the stock traded 7.6% positive at Rs 292.98.
Company posted standalone net profit for the quarter ended March 2026 at Rs 29.40 crore compared to Rs 22.62 lakh in the same quarter last year.
In FY26, the PAT stood at Rs 155.75 crore compared to Rs 161.92 crore in the year-ago period.
Board recommended final dividend of Re 1 per share.
- April 29, 2026 11:29
Brokerage view
Morgan Stanley on Maruti Suzuki (Tactical buy)
Maintain Overweight; target price ₹17,895
Positive tactical view (next 30 days); expects near-term outperformance
Stock corrected ~20% in 6 months vs Nifty down ~8%
Correction driven by margin concerns and West Asia demand worries
FY27 domestic volume growth guided at ~10%, ~200 bps ahead of estimates
Margins likely to bottom out in Q1FY27, followed by recovery
Operating leverage, lower discounts and richer mix to support margins
Valuation below long-term averages
70–80% probability assigned to positive scenario
Goldman Sachs on Maruti Suzuki
Maintain Buy, Target price ₹15,800
Q4 broadly in line with expectations
Domestic volume growth guidance at 10% for FY27
Channel inventory lean at ~12 days
Capacity addition of 500k units planned in FY27
Price hike optionality remains key monitorable
Exports outlook balanced despite Middle East logistics issues
Potential price hikes could materially aid EPS growth
Demand momentum remains healthy despite geopolitical concerns
High-demand models continue facing supply constraints
Motilal Oswal on Maruti Suzuki
Maintain Buy with a target price of ₹15,529 (vs ₹15,392)
Demand outlook remains upbeat
Healthy demand to offset cost headwinds, with minimal margin pressure
GST rate cuts aiding small car demand, improving affordability
~10% domestic volume growth expected in FY27, supported by strong order backlog and launches
Expect ~16% earnings CAGR over FY26–28
HSBC on Maruti
Buy, TP Rs 15000
MSIl reported an in-line 4Q and has managed commodity inflation well so far
Volume growth guidance of 10% was positive and underscores the resilient demand environment
Valuations at 20x FY28e EPS look undemanding; MSIL is also a key beneficiary of 8th Pay commission
Jefferies on Maruti
Hold, TP Rs 13800
MSIL’s Mar-Q EBIT grew 30% YoY (inline with JEFe), but PAT fell 3% YoY (15% miss) on lower financial income.
PV demand is holding up well and MSIL expects its domestic volumes to grow 10% in FY27 (JEFe: 7%).
MSIL’s market share, however, has slipped to a 13-year low amid demand shift towards SUVs, which is a concern.
Post recent fall, stock is at 24x FY27E PE vs last 10-yr average of 26x
Cut FY27-28E EPS by 9%;
UBS on Maruti
Neutral, TP cut to Rs 13970
Revenue surge fails to lift margins
Q4FY26: RM impact partially neutralised by lower discounts and other exp.
1) Management expects its domestic volumes to grow at 10% for FY27;
2) First time buyer ratio is currently at 51% (v/s. 42% in 1HFY26);
3) After having 30%+ export growth in FY26, the outlook remains contingent on end-market demand now given the ongoing conflict;
4) Full year FY27 capex guidance upped at Rs14bn in light of the capacity expansion plans;
5) The dealer inventory levels are currently ~12 days;
6) The company is on track to launch 7 SUVs by FY30, though launch timelines may be lumpy.
CLSA on Eternal
High Conviction O-P, TP Rs 505
Blinkit’s NOV rose 95% YoY, in line with est.
Contribution margin was flat QoQ despite 4% lower AOV, largely seasonal.
Orders grew 93.3% YoY, 4% ahead of estimate with lower CAC leading to 98.5% MTU growth
Confidence on Blinkit’s business model is strengthened due to robust growth/profitability despite heightened competitive intensity.
Acceleration in food delivery NOV continued as Zomato continues to expand MTUs by improving affordability
Jefferies on Eternal
Buy, TP cut to Rs 400
Despite high competitive intensity, Eternal reported further improvement in Q/C profitability, which is commendable
Growth was modest, partly reflecting seasonality, but mgmt has guided for c60% CAGR over 3Y, retaining 5-6% EBITDA margin.
Food delivery saw no impact from gas shortages and delivered a strong NOV, with an equally positive outlook.
Notably, management has also guided for US$1bn consol EBITDA by FY29E and views AI as an enabler
GS on Eternal
Buy, TP Rs 340
Q4 indicate Blinkit’s underlying NOV growth is closer to mid-teens qoq, rather than high-single digits, and quick commerce margins can expand despite elevated competition.
Additionally, food delivery growth continues to accelerate; see these as positive near-term drivers of stock price
Expect Blinkit’s June ‘27 NOV growth to accelerate to 15% qoq (80% YoY), driven by better AOV, higher number of days, & positive impact from summer quarter; forecast EBITDA margin to further improve to +0.6% of NOV.
In food delivery, expect 19% YoY NOV growth in 1QFY27, with 20 bps qoq EBITDA margin expansion due to recent increase in platform fee.
HSBC on Eternal
Buy, TP Rs 300
4Q was a tad below expectations, though medium-term growth guidance was significantly positive vs estimates
Blinkit seems unperturbed by near-term competition & expects meaningful pick-up in growth in QC in 1QFY27
See long-term value in Eternal (USD1.1bn EBITDA in FY30), though near-term volatility may persist
Macquarie on Eternal
U-P, TP Rs 200
Sequential growth moderation; optimistic guide
Zomato - Food Delivery. NOVg at 19% Y-o-Y and adj EBITDA margin at 5.5% was in-line with VA consensus
District - Going Out. 6% Q-o-Q NOV growth and -3% adj EBITDA margin.
Guidance of US$150mn adj EBITDA by FY30 maintained.
Incred on Eternal
ADD, TP Rs 383
Aiming at 20% yoy & 60% CAGR in FD and QC businesses.
Expects to reach adjusted EBITDA of US$1bn by FY29F
Rternal’s leadership in its segments and control over unit economics supports our view
Rising competitive intensity is a key downside risk to our estimates and valuation
DAM Cap on Eternal
Buy, TP Rs 330
In-line operations; strong QC growth guidance
built in 44% CAGR (NOV) growth over FY26-29E
This will be led by 18% CAGR in FD and 59% CAGR in QC business.
Blinkit has already become Adj EBITDA profitable.
Going forward should observe exponential growth in profitability till the time business reaches to a stable EBITDA margin of 4-5%.
Competitive intensity remains a key risk
Food margins should remain range bound; value Blinkit on EV/EBITDA on FY28 at 70x, while FD business is valued at 30x
CLSA on Bandhan BK
O-P, TP raised to Rs 220
2nd good quarter for Bandhan Bank after several tough quarters since mid-2024.
4QFY26 PAT was 26% above estimate, driven by stronger fees and lower credit costs, partly offset by higher opex
Bank hit a 1% ROA after six quarters.
AUM growth picked up to 13% YoY, aided by a pickup in MFI growth.
Reported NIM improved 30bp QoQ to 6.2%, driven largely by term deposit repricing.
But, most importantly, asset quality improved meaningfully
Net slippage ratio improved 100bp QoQ to 1.9% and was half of the 2QFY26 level; this drove the sharp credit cost beat
Going ahead, management targets 14-15% loan growth with a largely stable loan mix.
It also expects another 10-20bp NIM improvement and a pickup in fees.
Jefferies on Bandhan Bk
Buy, TP Rs 215
For Mar-Qtr, Bandhan Bank’s profit of Rs5bn (up 68% YoY) beat estimates with lower credit costs & higher fees.
Stability in MFI sector & trends in election-bound states are supporting credit quality.
This, along with scope for expansion in NIM should aid turnaround in earnings over FY27-28
Tweak est. to factor 4Q results & are tad conservative vs mtg guidance given volatility in this sector
UBS on Bandhan BK
Neutral, TP raised to Rs 200
Q4 PAT beat: Strong beat on credit costs; partly offset by higher Opex
MFI book grows at c7.5% QoQ; CASA ratio up c200bp
Management aim for a FY27 exit ROA of 1.6% - 1.8%
Believe stock’s current valuation prices in a large part of asset quality improvement & see limited upside from current levels (c1x FY27E P/BV, stock up 24% YTD)
Macquarie on Bandhan BK
U-P, TP Rs 130
PAT beats estimates driven by lower credit costs
Slippages moderate, loan growth picks up pace
Lower borrowing costs support NIM expansion
Management guidance remains ambitious, targeting 14– 15% loan growth & 1.6–1.8% RoA by 4QFY27, supported by 10–20bps NIM expansion (from deposit repricing), fee income traction & lower PSLC costs.
4Q stood out for Bandhan in an otherwise weak year, but believe consistent performance is needed for a possible re-rating
JPM on Bandhan BK
Neutral, TP raised to Rs 157
4QFY26: Core performance misses, AQ improvement supporting RoA expansion, sustainability key
While Bandhan’s strategic pivot is underway, & guidance for 1.6-1.7% of RoA by FY27 exit (vs 1.1% in 4QFY26, reported) is positive, trend has been very volatile historically
Await more visibility on sustainability of ongoing recovery, especially in light of ongoing macroeconomic headwinds.
Current valuations at 1.03x FY27 P/BV appear fair & cap any significant upside
Raise forecasts for FY27/28E by 17%/2% resp.
Elara Capital on Bandhan Bank
Maintain Buy, Target price ₹220 (vs ₹186 earlier)
Strong Q4 with PAT up over 65% YoY
NII growth at 4% QoQ supported by better NIMs
Controlled slippages with improvement in MFI portfolio
SMA-0 improved though SMA-1 and SMA-2 remain monitorables
Loan growth improving with secured mix at ~56%
NIM up 10 bps QoQ to 6.12%
Industry MFI trends indicate possible inflection point
Better predictability driving rerating potential
Elections in key states remain monitorable for collections
HSBC on Dalmia Bharat
Buy, TP Rs 2490
Better cost control drives profit beat in 4Q despite lower volumes; April price hikes cover 1Q cost inflation of INR125-150/t
Management’s focus on profitable growth, higher utilization and RoCE improvement is a positive
Valuation (11.6x EV/EBITDA) & regional exposure (South, East) are key positives
CLSA on Dalmia Bharat
O-P, TP Rs 2240
Delivered a mixed quarter, with Ebitda of Rs9bn (+14% YoY) marginally ahead of consensus but in line with estimate, aided by lower costs.
However, volume grew just 4%, lagging industry growth of 6%–7%.
Management reiterated confidence in outgrowing the industry over FY27–28, driven by a demand recovery and operational normalisation.
April price hikes should partly offset near-term cost inflation, though rising petcoke, packaging and logistics costs (Rs125–150/t impact) could weigh margins
Morgan Stanley on Dalmia Bharat
Maintain Underweight, Target price ₹2,015
EBITDA/t beat estimates at ₹1,025/t
Volumes weaker than expected due to asset breakdown
West Asia crisis could drive ₹125–150/t cost inflation in Q1FY27
Power and fuel costs better than estimates
PAT broadly in line with expectations
Net debt/EBITDA improved to 0.46x
75mnt capacity target for FY28 reiterated
Roadmap to capacity expansion yet to be disclosed
Overhangs remain despite operational beat
Goldman Sachs on Dalmia Bharat
Maintain Neutral, Target price ₹2,090 (vs ₹2,120 earlier)
Q4 volumes impacted by kiln shutdown in Odisha
Volume growth would have been ~6% YoY adjusted for outage
EBITDA/t improved to ₹1,025/t
Cost control and better realizations aided profitability
Pricing improved in key regions during April
Management expects ₹120–150/t cost inflation in Q1FY27
Competition intensity rising in South and East India
Near-term growth may outperform industry on favorable base
Bernstein on Sapphire Foods
Maintain Neutral; target price ₹240
Q4FY26 revenue grew ~11% YoY to ₹7.9bn; FY26 revenue at ₹31bn
Store additions strong, with 24 in Q4 and 89 in FY26
EBITDA margin at ~7.7%; adjusted PBT margin improved to ~1.1%
KFC India growth strong (~15% YoY); SSSG improved to ~4%
Pizza Hut India weak, with SSSG at –7% and negative margins
Sri Lanka business saw healthy SSSG, though margins impacted by fuel costs
Merger-related decisions remain key, with limited near-term triggers
Goldman Sachs on Sapphire Foods
Not Rated
KFC SSSG at +4% YoY, ahead of estimates
Adjusted for Navratri shift, SSSG at +6% YoY
Demand momentum sustained into April
Value initiatives driving traffic growth across regions
KFC EBITDA growth at 23% YoY
Price hikes of ~1.5–2% taken in March/April
Pizza Hut trends still weak but better than estimates
Sri Lanka business continues strong double-digit growth
FY27/FY28 sales estimates raised driven by KFC recovery
Elara Capital on Jindal Saw
Downgrade to Accumulate from BUY
Target price ₹280 (unchanged)
Q4 impacted by MENA export disruptions and logistics issues
Standalone volumes down 11% YoY
Order book remains healthy at ~1.9mn tonnes
Provides ~17 months revenue visibility
Middle East expansion projects progressing on schedule
Near-term earnings impacted by logistical constraints
YoY earnings growth expected from Q2FY27 onwards
Strong medium-term outlook supported by capex revival
Stock up ~17% since initiation leading to downgrade
Morgan Stanley on Go Digit General Insurance
Maintain Equal-weight, Target price ₹328
IndAS profit growth strong despite softer IGAAP print
IGAAP PBT missed estimates as combined ratio worsened
Underlying IndAS profit growth at 69% YoY
Economic combined ratio rose to 111.7%
Motor competition showing early signs of easing
GWP growth at 6% YoY lagged industry growth
Management maintaining profit-focused approach
Valuations seen as full despite improving ROE trajectory
Awaiting better entry point
Morgan Stanley on Leela Palaces Hotels & Resorts
Maintain Overweight, Target price ₹579
RevPAR grew 6% YoY in Q4
ARR growth at 15% offset by lower occupancy
Middle East conflict impacted international travel demand
Domestic business remained resilient
April trends improving with better ARR trajectory
Management expects double-digit revenue and EBITDA growth in Q1FY27
Growth supported by owned portfolio and new properties
Balance sheet remains strong with net debt/EBITDA at 1.6x
Dubai refurbishment timelines unchanged despite conflict
Morgan Stanley on Ashok Leyland (Tactical sell)
Maintain Equal-weight; target price ₹180
Negative tactical view (next 30 days); expects near-term underperformance
Stock up ~20% in 6 months vs Nifty down ~8%, indicating recent rerating
CV volume growth healthy in 1HFY27, but expected to taper from 2HFY27
Rising commodity costs likely to pressure margins
Valuation less compelling at ~13x FY27 EV/EBITDA (ex-HLF)
70–80% probability assigned to negative scenario
Morgan Stanley on REC
Maintain Overweight, Target price ₹455
Weak quarter with PAT down 21% YoY
PAT missed estimates by 17–22%
Higher provisioning and weaker PPOP impacted earnings
NIM at 3.55%, below estimates
AUM growth muted at 3% YoY
Disbursements down 9% QoQ
Higher Stage 1 coverage drove elevated provisioning
Asset quality underlying trends remain healthy
Valuation attractive at ~6x FY27 P/E and ~1x P/BV
Jefferies on Emmvee Photo
Buy, TP Rs 350
Emmvee reported a beat with Ebitda/PAT 13%/17% ahead of JEFe.
Order book was flat q/q with strong visibility of revenue/Ebitda over FY27-1HFY28.
Though working capital expanded, balance sheet is net-debt free as co begins expansion capex
Raised FY27E Ebitda 4% and project 26% Ebitda Cagr over FY26-28E.
Power demand recovery in FY27 should aid renewables
Find valuation attractive at 35% discount to peers.
Nomura on Indus Tower
Initiate Buy, TP Rs 490
Structural data growth; Vi’s positive outlook key
Vi’s stabilization unlocks tenancy growth; valuation gap vs global peers to narrow
Dividend resumption could be a key re-rating trigger
Est. a total dividend payout of Rs19/sh by Indus in FY26F, implying a dividend yield of 4.7% at CMP
Jefferies India Strategy
Following substantial equity selling of $56 billion in CY24–25 amid elevated valuations
Promoter buying of $4 billion+ in CY26 TD represents a noteworthy shift
While still selective, these actions appear to coincide with valuation normalisation
Buying is generally concentrated in asset-heavy sectors, viz. power, infrastructure, and property
Key companies include Adani Enterprises, GMR, JSW Energy, Godrej Properties, AESL, Lodha, Grasim, Jindal Stainless, Maruti, and Indus Towers
- April 29, 2026 11:24
Companies
Yuken India has appointed Rakesh Kumar A as Chief Executive Officer of the company w.e.f. April 29, 2026
- April 29, 2026 11:24
Logistics
Shreeji Shipping Global executes Vessel Purchase Agreements to acquire two Mini Bulk Carrier vessels from Gautam Freight Pvt Ltd, for an aggregate consideration of Rs 55 crore
- April 29, 2026 11:23
Stock up
Enviro Infra Engineers announces strategic acquisition of wind EPC company Suyog Urja Ltd. Shares up 1% on the NSE to Rs 219.91.
- April 29, 2026 11:15
Industry update
Umesh Sharma, CIO-Debt, The Wealth Company Mutual Fund, on expectations of the FOMC
“The Federal Open Market Committee (FOMC) is widely expected to keep policy rates unchanged at the current 3.5%–3.75% range at its April meeting, reflecting a continued “wait and see” approach amid heightened geopolitical risks and surging energy prices. Escalating tensions in the Middle East have pushed crude oil and natural gas prices higher, complicating the inflation outlook even as underlying core inflation shows signs of moderation.
While the rate decision itself appears straightforward, the tone of forward guidance will be the key market focus. Recent FOMC communications suggest a slight hawkish tilt, with policymakers emphasizing the risk that energy driven inflation could become more persistent. The March dot plot already showed a shift among members toward fewer rate cuts in 2026, even though the median projection still points to at most one cut later in the year. Notably, dissents within the Committee have increased in recent meetings(see graph below), underscoring growing differences over the timing and scale of future easing.
- April 29, 2026 10:51
Datamatics Expands Client Relationship with a Fast-Growing American Insurtech Firm to Drive AI-Led Operations Transformation
- April 29, 2026 10:51
Stock market
Nifty Bank Prediction Today – April 29, 2026: Nifty Bank futures: Testing a barrier
Nifty Bank Prediction Today – April 29, 2026: Nifty Bank futures: Testing a barrier
All 14 stocks in Nifty Bank index are on the green led by IndusInd Bank, up 3.4%. This is followed by The Federal Bank, up 2.7%, and IDFC First Bank, up 1.9%
- April 29, 2026 10:50
Companies
Dr Reddy’s gets approval for generic Semaglutide injection in Canada
Dr Reddy's gets Health Canada nod for generic semaglutide injection
Dr. Reddy’s Laboratories has received a Notice of Compliance (NOC)from Health Canada for its generic Semaglutide injection.
- April 29, 2026 10:49
Stock market
Stock Market Live Updates: GRSE shares jump 16% after strong Q4 earnings, dividend announcement
GRSE shares jump after strong Q4 earnings, dividend announcement
The company posted a standalone net profit of ₹303.19 crore for the quarter ended March 2026, up 24.1% y-o-y from ₹244.24 crore in the corresponding period last year
- April 29, 2026 10:45
Companies
ideaForge signs non-binding MoU with Japan’s DMP
ideaForge has entered into a non-binding memorandum of understanding (MoU) with Japan-based Digital Media Professionals Inc. (DMP).
Shares zoomed nearly 7 per cent to ₹604.40 on the NSE.
- April 29, 2026 10:44
Companies
Man Infraconstruction acquires development rights in South Mumbai
Man Infraconstruction has announced the acquisition of development rights of Tardeo Court CHS and Tardeo Apartments CHS, and the outright purchase of Sethna House located at Tardeo in South Mumbai under the cluster redevelopment scheme.
Shares jumped 6 per cent on the NSE to ₹123.36.
- April 29, 2026 10:43
Stock market
Stock Market Live Updates: AWL Agri Business stock reverses early gains after strong Q4 profit
AWL Agri Business stock reversed early gains and traded at ₹200.45 on the NSE, down 2 per cent. The stock had opened nearly 3 per cent higher at ₹211.03 today from the previous close of ₹204.91. The company reported a standalone net profit of ₹268.01 crore, up 70.7 per cent y-o-y from ₹157 crore in the same quarter last year.
- April 29, 2026 10:38
Nifty Prediction Today – April 29, 2026: Nifty futures: Surpasses a barrier, traders can buy
Nifty Prediction Today – April 29, 2026: Nifty futures: Surpasses a barrier, traders can buy
The advance/decline ratio is at 43/7, showing a bullish bias. Maruti Suzuki India (up 4.6%) is the top gainer followed by Tech Mahindra (up 2.7%)
- April 29, 2026 10:22
Stock Market Live Updates: Eternal shares surge 5% after strong Q4 results, brokerages back growth outlook
Eternal shares surges 5% on Q4 beat, brokerages see more upside
Global brokerage Morgan Stanley maintained an overweight rating and marginally raised its target price to ₹347 from ₹345, highlighting that the focus remains on profitable growth
- April 29, 2026 10:19
Industry update
OneSource’s Partner Dr. Reddy's Laboratories receives Health Canada Approval for Generic Semaglutide Injection
- April 29, 2026 10:11
Forex
Rupee falls 13 paise to 94.81 against US dollar in early trade
Rupee falls 13 paise to 94.81 against US dollar in early trade
The rupee opened at 94.79 against the US dollar, then lost some ground and touched 94.81 against the US dollar in initial trade, registering a fall of 13 paise over its previous close
- April 29, 2026 10:11
Auto
Maruti Suzuki shares rise over 4% after Q4 earnings, brokerages stay positive
Maruti Suzuki shares rise after Q4 earnings, brokerages stay positive
Maruti Suzuki shares rise over 4% post-Q4 earnings as brokerages maintain positive outlook despite profitability pressures.
- April 29, 2026 10:00
Corporate Actions
Deepak Builders & Engineers India has approved Sub-division/ Split of equity shares, such that 1 Equity Share of Rs. 10/- each be Sub-divided / Split into 10 Equity Shares having face value of Rs. 1/- each, subject to necessary approvals.
Dividend
05-May-26
ELANTAS: Dividend - Rs. - 7.50
MINDSPACE: Income Distribution RITES
07-May-26
OFSS: Interim Dividend - Rs. - 270.00
IPO
OnEMI Technology Solutions (Kissht): Open: 30-Apr-26; Close: 05-May-26
Buyback
Aurobindo Pharma: Open: 23-Apr-26; Close: 29-Apr-26
Bonus Issue
Alka India: Bonus Issue 6:1; Ex-Date: 08-May-26
Biogen Pharmachem Industries: Bonus Issue 1:6; Ex-Date: 15-May-26
Stock Split
Avro India: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 05-May-26
Right Issue
Innovassynth Technologies (India): Ex-Date: 29-Apr-26
Shakti Press: Ex-Date: 29-Apr-26
Tirupati Innovar: Ex-Date: 30-Apr-26
Gujarat Cotex: Open: 10-Apr-26; Close: 08-May-26
Panafic Industrials: Open: 24-Apr-26; Close: 08-May-26
Tirupati Innovar: Open: 07-May-26; Close: 15-May-26
Shakti Press: Open: 07-May-26; Close: 18-May-26
Innovassynth Technologies (India): Open: 08-May-26; Close: 18-May-26
Gravity India: Open: 27-Apr-26; Close: 25-May-26
Indrayani Biotech: Open: 27-May-26; Close: 25-Jun-26
Open Offer
Sammaan Capital: Open: 17-Apr-26; Close: 30-Apr-26
Stylam Industries: Open: 22-Apr-26; Close: 06-May-26
Kwality Walls (India): Open: 23-Apr-26; Close: 07-May-26
Consolidation of Shares
Sanmit Infra: Ex-Date: 30-Apr-26
Spin Off
Vedanta: Ex-Date: 30-Apr-26
- April 29, 2026 10:00
Review
Market analysis by Vikram Subburaj, CEO, Giottus.com
Bitcoin traded in a narrow band on April 29, holding near $76,300–$76,600, according to CoinMarketCap. The asset has struggled to reclaim momentum above the upper-$78,000 zone, keeping the broader structure range-bound. Market capitalisation remained close to $1.5 trillion, with volumes steady but not expanding meaningfully. Bitcoin dominance continued to hover near the 59–60% range. This indicates capital preference for the largest asset amid macro uncertainty.
From a technical view, support is around $75,500 to $76,000. A stronger support level is near $75,000. On the upside, resistance remains firm at $78,000–$80,000, a zone that has repeatedly capped rallies through April. A sustained move above this band would be required to confirm a breakout toward the mid-$80,000 region.
On-chain indicators remain constructive but cautious. Exchange reserves are near multi-year lows, reflecting reduced sell-side liquidity. At the same time, whale accumulation trends have stayed stable. This suggests longer-term holders are not distributing aggressively. However, realised profit-taking has increased modestly, creating overhead supply whenever Bitcoin approaches resistance levels.
Institutional flows remain mixed. ETF data shows net inflows of about $22.5 million on April 28. This comes after a sharp $263 million outflow on April 27. The swings show that institutional demand is still not stable. Even so, ETFs remain an important source of liquidity.
Macro conditions are the dominant near-term catalyst. Markets are watching the Federal Reserve decision on April 29. They are also tracking upcoming US PCE inflation and labour data.Expectations broadly point to rates being held steady, but any shift in guidance could impact liquidity-sensitive assets like crypto. Elevated oil prices and geopolitical risks are also influencing broader risk sentiment.
Among major altcoins, performance remained mixed. Ethereum traded near $2,290, XRP around $1.38, BNB close to $625, and Solana near $84, all slightly weaker on a weekly basis. Dogecoin stood out with modest gains, reflecting selective risk appetite.
Our advice: Bitcoin remains range-bound between key support near $75,000 and resistance around $80,000. Investors should avoid chasing short-term rallies and instead stagger entries during pullbacks. With the US Fed decision, inflation data, and ETF flows likely to drive volatility, disciplined position sizing and diversification are essential. Long-term investors should stay focused on quality assets rather than reacting to every intraday move.
- April 29, 2026 09:59
Quarterly results
Eternal, Maruti Suzuki, CEAT, Star Health, Canara HSBC shares gain post Q4, AWL Agri down
Follow our Q4 live here
- April 29, 2026 09:59
Stock market
Nifty 50 top gainers and losers
Top gainers: Maruti (+3.39%), ITC (+2.48%), Eternal (+1.92%), Eicher Motors (+1.85%), TMPV (+1.75%).
Top losers: Dr Reddy’s Lab (-1.74%), Hindalco (-1.74%), Tata Steel (-1.21%), JSW Steel (-0.87%).
- April 29, 2026 09:58
Companies
Dr Reddy’s gets Health Canada approval for Semaglutide Injection
Dr. Reddy’s Laboratories has received a Notice of Compliance (i.e. an approval) from the Pharmaceutical Drugs Directorate, Canada (“Health Canada”) for its Abbreviated New Drug Submission (ANDS) of Semaglutide Injection.
Shares traded at ₹1,332.60 on the NSE, down 2 per cent.
- April 29, 2026 09:56
Companies
Shyam Metalics accelerates expansion with fresh ₹2,700 crore investment
Shyam Metalics is accelerating its expansion vision. With ₹8,700 crore already deployed, the steel giant proposes to add fresh capital of ₹2,700 crore to its existing ₹16,060 crore pipeline, executing the balance over the next three to four years.
Shares were flat at ₹884.75 on the NSE.
- April 29, 2026 09:55
Netweb Technologies launches Tyrone ParallelStor Velox
Netweb Technologies has announced the launch of Tyrone ParallelStor Velox, a unified data platform powering AI, HPC, and enterprise infrastructure.
Shares rose 3 per cent to ₹4,122 on the NSE.
- April 29, 2026 09:55
Indus Towers incorporates wholly owned subsidiary in GIFT City
Indus Towers Ltd has informed the exchanges regarding the incorporation of a wholly owned subsidiary (WOS) in the International Financial Services Centre (IFSC), GIFT City.
Shares were flat on the NSE at ₹416.75.
- April 29, 2026 09:52
Economy
Balance of Payments support measures needed to anchor inflationary expectations amid persistent rupee weakness and volatile capital flows: SBI report
Balance of Payments support measures needed to anchor inflationary expectations amid persistent rupee weakness and volatile capital flows: SBI report
SBI report urges balance of payments measures to curb inflation expectations amid rupee decline and volatile capital flows.
- April 29, 2026 09:51
Gold silver
Gold steady after 2-day drop as Iran war fans inflation fears
Gold steady after 2-day drop as Iran war fans inflation fears
Bullion was near $4,590 an ounce, after falling 2.4% over the previous two sessions to the lowest in almost four weeks
- April 29, 2026 09:49
Real estate
Transindia Real Estate acquires three entities
Transindia Real Estate has entered into share purchase agreements for the acquisition of 100 per cent equity share capital of the following entities: Dighanta Landscape Private Ltd, Panchghara Landscape Private Ltd, and Panchghara Logistics Parks Private Ltd.
Shares rose 2 per cent on the NSE to ₹27.55.
- April 29, 2026 09:36
Stock Market Live Updates: Maruti, Eternal lead Nifty higher; crude, FOMC weigh on sentiment
Maruti, Eternal lead Nifty higher; crude, FOMC weigh on sentiment
Maruti Suzuki led the Nifty gainers, rising 3.31% to ₹13,319, from a previous close of ₹12,892, on volumes of 47,606 shares worth ₹6,291.33 lakh
- April 29, 2026 09:29
Commodities
Crude oil futures edge lower after UAE announces OPEC exit
Crude oil futures edge lower after UAE announces OPEC exit
On Wednesday, July Brent oil futures were at $104.02, down by 0.36%, and June crude oil futures on WTI were at $99.32, down by 0.61%
- April 29, 2026 09:23
Sensex gained 384.34 pts or 0.50% to 77,271.25 at 9.1 7am after opening at 77,245.83 from the previous close of 76,886.91. Nifty 50 rose by 114.25 pts or 0.48% to 24,109.95.
- April 29, 2026 09:15
Crude oil futures decline on UAE’s exit from OPEC
Crude oil futures traded lower on Wednesday morning following news of the UAE’s exit from OPEC (Organisation of the Petroleum Exporting Countries) effective May 1.
At 9:11 am on Wednesday, July Brent oil futures were at $104.02, down 0.36 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $99.32, down 0.61 per cent.
May crude oil futures were trading at ₹9,417 on the Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹9,485, down 0.72 per cent. June futures were trading at ₹8,985 against the previous close of ₹9,026, down 0.45 per cent.
- April 29, 2026 09:07
Review
Quote: Vikram Kasat, Head Advisory, PL Capital
OpenAI had missed revenue and user targets. That sent most of the tech sector spiraling—one day before several of the biggest AI spenders are set to announce earnings.
Making a bad situation worse, oil prices rose today on news that the United Arab Emirates was leaving OPEC. International Brent crude prices were around $110 per barrel at close, while domestic prices were just under $100 a barrel.
Wednesday is set to deliver a Federal Reserve interest rate decision, a Senate committee vote on a new Fed chairman, and late-day earnings reports from four Mag Seven companies. midweek macro-storm
Market needs Big Tech earnings to live up to the hype. The April market rebound needs more good news if it’s going to have room to run
Nifty 23995.70
Continue to trade in a very narrow range - Support 23850 & Resistance 24300
Trading Buy - Eternal, Manappuram & JIOFIN !!
Medium Term Buy - MOBIKWIK, GULPOLY & NavinFluor
- April 29, 2026 09:06
Review
Quote: Avinash Shekhar, Co-Founder & CEO, Pi42
“Bitcoin is hovering just above the $76,000 level as the market enters a phase of cautious consolidation following recent highs. The price action reflects softening momentum after multiple attempts to push higher, with Bitcoin struggling to sustain moves toward the $79,000 resistance zone.
At the same time, broader market sentiment has turned cautious, with fear-driven positioning emerging across crypto markets. External pressures, including weakness in the AI sector and ongoing geopolitical uncertainty, have contributed to the softer tone, weighing on overall market confidence.
From a structural standpoint, Bitcoin continues to trade within a defined range, with key levels forming on both sides. Market expectations indicate a potential range between $65,000 and $79,000, suggesting that the current move is more of a consolidation phase rather than a deeper breakdown.
For investors, this phase reflects a market driven by short-term sentiment and macro cues. While volatility may persist, the broader setup indicates range-bound movement, with the next directional trend likely to emerge once momentum strengthens and key resistance levels are reclaimed.”
- April 29, 2026 08:34
EQUITY PREVIEW
• AWL Agri Business (AWL): 4Q Net Income +54% Y/y to INR2.92b, Beats Estimates
• Bandhan Bank (BANDHAN): 4Q Net Income +68% Y/y to INR5.34b, Beats Estimates
• Castrol (CSTRL): 1Q Net Income +3.7% Y/y to INR2.42b, Beats Estimates
• Ceat (CEAT): 4Q Net Income INR2.44b vs. 994.9m Y/y, Beats Estimates
• Dalmia Bharat (DALBHARA): 4Q Net Income -11% Y/y to INR3.87b, Beats Estimates (1)
• Energy Development (ENGY): Datang to Join JV for Inner Mongolia to Jiangsu Power Project
• Eternal (ETERNAL): 4Q Net Income INR1.74b vs. 390m Y/y, Beats Estimates (2)
• Jio Financial Services (JIOFIN): Approves $370 Million Rights Share Issue Plan
• Maruti Suzuki (MSIL): 4Q Net Income -7% Y/y to INR35.9b, Misses Estimates (2)
• One Mobikwik (MOBIKWIK): Peak XV Partners Sold 6.2M Mobikwik Shares on BSE April 28
• Rail Vikas Nigam (RVNL): Gets INR392m order from NMDC
• REC Ltd. (RECL): 4Q Net Income 33.6B Rupees Vs. 42.4B Rupees Y/y
• Sanofi India (SANL): 1Q Net Income -15% Y/y to INR1.03b, Beats Estimates
• Solara Active Pharma (SOLARA): U.S. FDA conclude inspection of Puducherry facility as ‘Voluntary Action Indicated’
• Ujjivan Small Finance Bank (UJJIVANS): To consider fund raising via shares on May 8
- April 29, 2026 08:34
EARNINGS (net income adj. ests. in INR where available):
• Adani Power Ltd. (ADANI IN) 4Q 30.6b (2 analysts)
• Bajaj Finance Ltd. (BAF IN) 4Q 55.6b (12)
• Cemindia Projects Ltd. (CEMPRO IN) 4Q
• Federal Bank Ltd. (FB IN) 4Q 11.8b (19)
• Force Motors Ltd. (FML IN) 4Q
• Granules India Ltd. (GRAN IN) 4Q 1.86b (2)
• HEG Ltd. (HEG IN) 4Q
• IIFL Finance Ltd. (IIFL IN) 4Q
• Indegene Ltd. (INDGN IN) 4Q 1.13b (7)
• Indian Bank (INBK IN) 4Q 32.1b (4)
• Indian Overseas Bank (IOB IN) 4Q
• KFIN Technologies Ltd. (KFINTECH IN) 4Q 913m (9)
• Motilal Oswal Financial Servic (MOFS IN) 4Q
• Mphasis Ltd. (MPHL IN) 4Q 5.02b (27)
• Navin Fluorine International L (NFIL IN) 4Q 1.66b (16)
• New Delhi Television Ltd. (NDTV) 4Q
• Schaeffler India Ltd. (SCHFL IN) 1Q 3.16b (2)
• Sterlite Technologies Ltd. (SOTL IN) 4Q
• Syngene International Ltd. (SYNG IN) 4Q 904m (3)
• Waaree Energies Ltd. (WAAREEEN IN) 4Q 11.2b (8)
- April 29, 2026 08:33
Stock market
India Daybook – Stocks in News
Star Health: Q4 SL Net Profit Rs 111 Cr vs 50 lakhs (YoY), Q4 Revenue Rs 4327 Cr vs 3798 Cr (YOY). (Positive)
Go Digit General Insurance: Q4 SL Net Profit Rs 170 Cr vs Rs 116 Cr (YoY), Q4 Revenue Rs 2735 Cr vs 2576 Cr (YoY) (Positive)
Sanofi Consumer Healthcare India: Q4 SL Net Profit Rs 67.80 Cr vs 50.00 Cr (YoY), Q4 Revenue Rs 230 Cr vs 170 Cr (YoY) (Positive)
Fedbank Financial Services: Q4 SL Net Profit Rs 100 Cr vs 71.70 Cr (YoY), Q4 Revenue Rs 616 Cr vs 523 Cr (YoY), Q4 GNPA 1.87% vs 2.06% (QoQ), Q4 NNPA 1.28% vs 1.40% (QoQ) (Positive)
Awl Agri Business: Q4 Cons Net Profit Rs 292 Cr vs 190 Cr (YoY), Q4 Revenue Rs 21,465 Cr vs 18,200 Cr (YoY) (Positive)
CEAT: Q4 CONS Net Profit Rs 240 Cr vs 99.50 Cr (YoY), Q4 Revenue Rs 4218 Cr vs 3420 Cr (YoY) (Positive)
Emmvee: Net Profit Rs 392 Cr vs Rs 207 Cr (YoY), Q4 Revenue Rs 1739 Cr vs 1032 Cr (YoY). (Positive)
Skipper: Net Profit Rs 78 Cr vs Rs 48 Cr (YoY), Q4 Revenue Rs 1667 Cr vs 1288 Cr (YoY). (Positive)
Gardern Reach: Net Profit Rs 303 Cr vs Rs 244 Cr (YoY), Q4 Revenue Rs 2119 Cr vs 1642 Cr (YoY). (Positive)
Refex Industries: Tax demand set aside by Madras High Court (Positive)
Wanbury: Company Patalganga site completes Korea FDA (MFDS) inspection with zero observations (Positive)
Pc Jeweller: Company chad-based step-down subsidiary PCJ Mining Sarl granted gold mining license (Positive)
BHEL: Company enters licensing agreement with NSTL-DRDO for naval vessel technology, agreement covers transfer of technology (latot) for the fabrication, installation, and commissioning of LM2500 GT-IRSS (Positive)
Solara Active Pharma: Company receives US FDA EIR for Puducherry facility; inspection closed as Vai (Positive)
Seamec: Company formally executes contract with ONGC for MSV “Samudra Sevak” O&M services, consortium with supreme hydro to manage vessel operations for 2026-2028 period. (Positive)
Kiri Industries: Company subsidiary Equinaire Holdings signs loan assignment agreement for Philippines copper-gold project (Positive)
Blue Cloud Softech: Company signs MOU with GCIB for Africa Ltd to launch strategic digital projects, collaboration focuses on establishing a “digital factory” in Senegal and spearheading technology-driven socio-economic initiatives across other African nations (Positive)
Piccadilly Agro: Board approves demerger of sugar business (Positive)
Enviro Infra Engineers: Company to acquire 51% stake in Suyog Urja (Positive)
Motherson Sumi Wiring: Net Profit Rs 167 Cr vs 165 Cr (YoY), Q4 Revenue Rs 3328 Cr vs 2510 Cr (YoY) (Neutral)
Greenply Industries: Net Profit Rs 31.00 Cr vs 16.60 Cr (YoY), Q4 Revenue Rs 780 Cr vs 650 Cr (YoY) Mr. Manoj Tulsian resigns as joint Managing Director & CEO (Neutral)
Bandhan Bank: Net Profit Rs 534 Cr vs 318 Cr (YoY), Q4 Revenue Rs 5428 Cr vs 5433 Cr (YoY), Q4 GNPA 3.27% vs 3.33% (QoQ), Q4 NNPA 0.97% vs 0.99% (QoQ) (Neutral)
Sanofi India: Net Profit Rs 102 Cr vs 119 Cr (YoY), Q4 Revenue Rs 472 Cr vs 536 Cr (YoY) (Neutral)
Piccadily: Net Profit Rs 45 Cr vs 40 Cr (YoY), Q4 Revenue Rs 335 Cr vs 255 Cr (YoY) (Neutral)
Arman Financial Services: Ranjan Kumar sold 27.4 lk shares at Rs. 104.26 per share (Neutral)
Wheels India: Nippon India sold 1.95 lk shares at Rs. 1060.69 per share (Neutral)
Quess Corp: Company receives an income‑tax refund of Rs. 42.24 crore for FY24. (Neutral)
Ratnaveer Precision: Company’s board approves a fundraising of up to Rs. 330 crore via equity (Neutral)
Deepak Builders & Engineers: Company approved stock split in the ratio of 1 share into 10 shares (Neutral)
Maruti Suzuki: Company chairman says new production lines at two factories will add capacity of 250,000 cars in the current fiscal year. (Neutral)
RVNL: Company receives Rs 39 cr order from NMDC (Neutral)
Advait Energy: Company receives MCA approval for incorporation of three subsidiaries (Neutral)
Ratnaveer Precision: Board approves raising Rs 330cr via equity (Neutral)
Circuit filter change from 10% to 5%: Unimech. (Neutral)
Circuit filter change from No Band to 20%: HUDCO, Piramal Pharma, Tata Tech and Torrent Power. (Neutral)
List of stocks included in short term ASM Framework: Adani Energy, Shivalik Bimetal. (Neutral)
List of stocks excluded from ASM Framework: Bharat Wire, EL CID. (Neutral)
Innovassynth Technologies (India) Ltd Ex-Date Today, Right Issue of Equity Shares. (Neutral)
Shakti Press Ltd Ex-Date Today, Right Issue of Equity Shares. (Neutral)
ABB India Ltd Ex-Date Tomorrow, Final Dividend - Rs. - 29.59 (Neutral)
Hindustan Zinc Ltd Ex-Date Tomorrow, Interim Dividend - Rs. - 11. 0 (Neutral)
Stovec Industries Ltd Ex-Date Tomorrow, Dividend - Rs. - 12.0 (Neutral)
Tanla Platforms Ltd Ex-Date Tomorrow, Interim Dividend - Rs. - 6.0 (Neutral)
Tirupati Innovar Ltd Ex-Date Tomorrow, Right Issue of Equity Shares (Neutral)
Vedanta Ltd Ex-Date Tomorrow, Spin Off (Demerger of business) (Neutral)
Vesuvius India Ltd Ex-Date Tomorrow, Final Dividend - Rs. – 1.50 (Neutral)
- April 29, 2026 08:33
Quarterly results
Maruti Suzuki India reports Q4 results broadly in line with expectations
Maruti Suzuki India Ltd. | CMP ₹12,920 | M Cap ₹4,06,203 Cr | 52W H/L ₹17,372/11,289 (Nirmal Bang Retail Research)
No. of vehicles sold stood at 6,76,209 versus q-o-q 6,67,769 and y-o-y 6,04,635.
The result was broadly in line with expectations. PAT came in lower on account of lower other income, while gross margin declined q-o-q by 70 bps.
Revenue from operations came in at ₹52,449.3 Cr (up 5.1 per cent q-o-q and 29 per cent y-o-y) against expectation of ₹49,745.9 Cr, q-o-q ₹49,891.5 Cr and y-o-y ₹40,673.8 Cr.
EBITDA stood at ₹6,156.9 Cr (up 10.5 per cent q-o-q and 44.4 per cent y-o-y) versus expectation of ₹5,887.7 Cr, q-o-q ₹5,571.7 Cr and y-o-y ₹4,264.7 Cr.
EBITDA margin came in at 11.7 per cent versus expectation of 11.8 per cent, q-o-q 11.2 per cent and y-o-y 10.5 per cent.
Adjusted PAT stood at ₹3,590.5 Cr versus expectation of ₹4,186.5 Cr, q-o-q ₹3,794 Cr and y-o-y ₹3,711.1 Cr.
Quarterly EPS was ₹114.2. The stock is trading at a P/E of 19.8x FY28E EPS.
- April 29, 2026 08:31
Quarterly results
Dhanlaxmi Bank results improve
Dhanlaxmi Bank Ltd. | CMP ₹32 | M Cap ₹1,263 Cr | 52 W H/L 34/19 (Nirmal Bang Retail Research)
Result has improved.
Net interest income came at ₹187 crore versus y-o-y ₹134 crore (39.4 per cent y-o-y) and q-o-q ₹154 crore. Non-interest income came at ₹69 crore versus y-o-y ₹43 crore (60.8 per cent y-o-y) and q-o-q ₹49 crore. PBP came at ₹114 crore versus y-o-y ₹39 crore (193.9 per cent y-o-y) and q-o-q ₹41 crore. Provisions came at ₹35 crore versus y-o-y ₹12 crore (201.8 per cent y-o-y) and q-o-q ₹17 crore. Adj. PAT came at ₹43 crore versus y-o-y ₹29 crore (50.1 per cent y-o-y) and q-o-q ₹24 crore. Gross NPA came at ₹286.4 crore versus q-o-q ₹332.4 crore at 1.89 per cent versus q-o-q 2.36 per cent. Net NPA came at ₹75.4 crore versus q-o-q ₹154.1 crore at 0.51 per cent versus q-o-q 1.11 per cent. Quarter EPS is ₹1.1. Stock is trading at 0.9x trailing P/Adj. BV.
- April 29, 2026 08:30
Quarterly results
Dalmia Bharat results broadly in line with expectations
Dalmia Bharat Ltd. | CMP ₹1,942 | M Cap ₹36,425 Cr | 52 W H/L 2496/1717
(Nirmal Bang Retail Research)
Result is broadly in line with expectations.
Sales volumes came at 8.8 MnT vs expectations of 9 MnT (21 per cent q-o-q, 2 per cent y-o-y) versus 7.3 MnT q-o-q and 8.6 MnT y-o-y.
EBITDA/tonne came at ₹1,025 (24 per cent q-o-q, 11 per cent y-o-y) versus ₹825 q-o-q and ₹922 y-o-y.
Revenue from operations came at ₹4,245 crore (21.1 per cent q-o-q, 3.8 per cent y-o-y) vs expectation of ₹4,377.1 crore, q-o-q ₹3,506 crore, y-o-y ₹4,091 crore.
EBITDA came at ₹902 crore (49.8 per cent q-o-q, 13.7 per cent y-o-y) vs expectation of ₹840.4 crore, q-o-q ₹602 crore, y-o-y ₹793 crore.
EBITDA margin came at 21.2 per cent vs expectation of 19.2 per cent, q-o-q 17.2 per cent, y-o-y 19.4 per cent.
Adj. PAT came at ₹397 crore vs expectation of ₹341.8 crore, q-o-q ₹154 crore, y-o-y ₹435 crore.
Quarter EPS is ₹21.2.
Stock is trading at EV/EBITDA of 10.6x FY28E EBITDA.
- April 29, 2026 08:29
Quarterly results
Sapphire Foods India results in line with expectations
Sapphire Foods India Ltd. | CMP ₹174 | M Cap ₹5,592 Cr | 52 W H/L 368/140
(Nirmal Bang Retail Research)
Result is in-line with expectations.
Revenue from operations came at ₹792.2 crore (-2.7 per cent q-o-q, 11.4 per cent y-o-y) vs expectation of ₹784.3 crore, q-o-q ₹813.8 crore, y-o-y ₹711.3 crore.
EBITDA came at ₹124.5 crore (-7.3 per cent q-o-q, 17.2 per cent y-o-y) vs expectation of ₹119.3 crore, q-o-q ₹134.2 crore, y-o-y ₹106.2 crore.
EBITDA margin came at 15.7 per cent vs expectation of 15.2 per cent, q-o-q 16.5 per cent, y-o-y 14.9 per cent.
Gross profit came at ₹544.8 crore, q-o-q ₹558.9 crore, y-o-y ₹484.8 crore.
Gross profit margin came at 68.8 per cent, q-o-q 68.7 per cent, y-o-y 68.2 per cent.
Adj. PAT came at ₹0.2 crore vs expectation of ₹-2.3 crore, q-o-q ₹6.4 crore, y-o-y ₹5.7 crore.
Quarter EPS is ₹0.01.
Stock is trading at P/E of 67.1x FY28E EPS.
- April 29, 2026 08:28
Quarterly results
Castrol India results marginally below expectations
Castrol India Ltd. | CMP ₹183 | M Cap ₹18,101 Cr | 52 W H/L 232/170
(Nirmal Bang Retail Research)
Result is marginally below expectations.
Revenue from operations came at ₹1,545.3 crore (7.3 per cent q-o-q, 8.7 per cent y-o-y) vs expectation of ₹1,459.4 crore, q-o-q ₹1,439.9 crore, y-o-y ₹1,422 crore.
EBITDA came at ₹329.3 crore (-10.5 per cent q-o-q, 7.1 per cent y-o-y) vs expectation of ₹328.5 crore, q-o-q ₹367.8 crore, y-o-y ₹307.4 crore.
EBITDA margin came at 21.3 per cent vs expectation of 22.5 per cent, q-o-q 25.5 per cent, y-o-y 21.6 per cent.
Adj. PAT came at ₹242.2 crore vs expectation of ₹238.8 crore, q-o-q ₹267.2 crore, y-o-y ₹233.5 crore.
Quarter EPS is ₹2.4.
Stock is trading at P/E of 18.4x TTM EPS.
- April 29, 2026 08:27
Quarterly results
Vardhman Special Steels results improve
Vardhman Special Steels Ltd. | CMP ₹298 | M Cap ₹2,883 Cr | 52 W H/L 324/202
(Nirmal Bang Retail Research)
Result has improved.
Revenue from operations came at ₹457.9 crore (6.4 per cent q-o-q, 7 per cent y-o-y) vs q-o-q ₹430.5 crore, y-o-y ₹428 crore.
EBITDA came at ₹46.1 crore (6.4 per cent q-o-q, 46.6 per cent y-o-y) vs q-o-q ₹43.3 crore, y-o-y ₹31.4 crore.
EBITDA margin came at 10.1 per cent vs q-o-q 10.1 per cent, y-o-y 7.3 per cent.
Adj. PAT came at ₹34 crore vs q-o-q ₹33.6 crore, y-o-y ₹19.7 crore.
Quarter EPS is ₹3.5.
Stock is trading at P/E of 23.6x TTM EPS.
- April 29, 2026 08:24
Quarterly results
Bandhan Bank results beat expectations
Bandhan Bank Ltd reported results above expectations. Advances grew to ₹1,50,104 crore (+14 per cent y-o-y, +6.4 per cent q-o-q). Net interest income was ₹2,795.6 crore (+1 per cent y-o-y). NIM improved to 6.2 per cent from 5.9 per cent q-o-q. Adjusted PAT rose to ₹534 crore versus expectations of ₹410 crore. Gross NPA was at 3.27 per cent and net NPA at 0.97 per cent. Quarter EPS stood at ₹3.3. The stock is trading at a trailing P/Adj BV of 1.2x.
- April 29, 2026 08:23
Quarterly results
Eternal Ltd results beat expectations
Eternal Ltd reported results above expectations. Revenue from operations came in at ₹17,292 crore (6 per cent q-o-q, 196.5 per cent y-o-y) against expectations of ₹18,056.3 crore. EBITDA stood at ₹486 crore (32.1 per cent q-o-q, 575 per cent y-o-y) versus expectations of ₹395 crore. EBITDA margin expanded to 2.8 per cent against expectations of 2.2 per cent. Adjusted PAT rose to ₹174 crore versus expectations of ₹160.6 crore. Quarter EPS was ₹0.2. The stock is trading at a P/E of 56.3x FY28E EPS.
- April 29, 2026 08:22
Review
Quote: Gaurav Udani, Founder - ThinCredBlu Securities Pvt. Ltd
Nifty is expected to open flat to slightly positive around 24,000, up nearly 10 points, indicating a muted start to the session.
The index continues to trade near a crucial support zone, and price action around current levels will be important for near-term direction. 23,900–24,000 remains immediate support, while 24,200–24,300 continues to act as the key resistance zone.
The market setup remains range-bound, with traders likely to wait for a breakout on either side before taking aggressive positions.
A sustained move above resistance could revive momentum, while a break below support may invite fresh selling pressure.
For now, the approach should remain cautious and level-based, with focus on confirmation rather than anticipation.
- April 29, 2026 08:15
Logistics
AVG Logistics board approves ₹53 crore rights issue
AVG Logistics board has approved a ₹53 crore rights issue, formed a committee to finalise the terms and cleared the draft letter of offer.
- April 29, 2026 08:15
Real estate
Transindia Real Estate acquires 100% stakes in three Kolkata entities for ₹84 crore
Transindia Real Estate has acquired 100 per cent stakes in three Kolkata-based logistics and land entities for ₹84 crore, securing a 44-acre strategic warehousing expansion.
- April 29, 2026 08:15
Industry update
Netweb Technologies launches Tyrone ParallelStor Velox
Netweb Technologies has launched Tyrone ParallelStor Velox to capture the growing AI and HPC infrastructure opportunity while strengthening India’s sovereign data ecosystem.
- April 29, 2026 08:13
Stock market
Today’s Stock Recommendation: April 29, 2026
- April 29, 2026 07:45
Flat opening seen for Indian stocks on Wednesday
Flat opening seen for Indian stocks on Wednesday
Indian stocks set for a flat opening amid mixed global cues, IIP growth slowdown, and focus on Bajaj Finance earnings.
- April 29, 2026 07:34
Stock market
Why these 9 stocks will remain in focus on Wednesday: Vedanta, RVNL, BHEL, OneSource, Wanbury, Solara Active, Adroit Infotech, Enviro infra, MobiKwik
9 Stocks to watch: Vedanta, RVNL, BHEL, OneSource, Wanbury, Solara Active, Adroit Infotech
Explore key stock updates for Vedanta, RVNL, BHEL, OneSource, Wanbury, Solara Active, Adroit Infotech, Enviro Infra, and MobiKwik.
- April 29, 2026 07:21
HSBC Mutual Fund launches ‘RedHex SIF’, its specialized investment platform in India
HSBC Mutual Fund has announced the launch of RedHex SIF, it’s dedicated Specialized Investment Fund (SIF) brand in India. The launch marks a significant step in expanding its investment offerings aimed at meeting the evolving needs of investors, seeking more focused and outcome-oriented strategies within a familiar and regulated investment framework.
RedHex SIF by HSBC Mutual Fund, a SEBI approved investment structure, is designed for investors who want greater portfolio flexibility than traditional mutual funds while continuing to benefit from the transparency, governance, and ease associated with the mutual fund structure. RedHex SIF aims to help investors access specialised opportunities through differentiated strategies, while maintaining robust oversight and risk discipline.
Commenting on the launch, Kailash Kulkarni, CEO, HSBC Mutual Fund said, “RedHex SIF is our innovation-led platform for investors seeking differentiated, outcome-oriented strategies, anchored in the trusted mutual fund framework. As markets evolve, we believe alpha will increasingly come from adaptability, risk awareness and differentiated thinking across shifting cycles. We are expanding our product suite in a considered manner, giving investors greater choice, confidence, and access to thoughtfully constructed solutions that meet these evolving market expectations and long-term investment goals.”
- April 29, 2026 07:20
Sammaan Capital to Repurchase privately placed Non-Convertible Debentures (NCDs) with varying maturities amid Improved Credit Profile
Following its recent credit rating upgrade to CRISIL AA+/Stable, the company expects improved access to larger and longer-term funding at lower costs.
Through this initiative, approved by its Asset Liability Management Committee (ALCO), SCL will acquire specified NCDs and hold them as treasury stock until maturity.
Eligible NCD holders can participate in the offer by initiating the process before May 15, 2026.
- April 29, 2026 07:14
Sectoral Performance | April 28, 2026
WhatsApp Image 2026-04-29 at 06.54.02 (1).jpeg
- April 29, 2026 07:13
Closing Bell | April 28, 2026
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- April 29, 2026 07:12
Market snapshot for April 28, 2026
Indian equity benchmarks ended lower on April 28, 2026.
Key indices:
- BSE Sensex: −416 at 76,886
- NSE Nifty: −97 at 23,995
- Bank Nifty: −863 at 55,400
- BSE 150 Midcap: −5 at 16,252
- BSE Smallcap Select: +13 at 8,159
Institutional flows (₹ crore):
- FIIs/FPI: −2,103.74
- DIIs: +1,712.01
Other indicators:
- Brent crude: $112 per barrel
- Gold: $4,577 (₹1,49,300)
- Silver: ₹2,36,700
- USD/INR: 94.55
- 10-year G-Sec: 6.48% (yield 6.98, previous 6.94)
- NSE Nifty 100 PE: 20.96
- Dollar index: 98.82
- India VIX: 18.08 (−0.30 or −1.63%)
FII/DII flows for FY26-27 (₹ crore, MTD):
- FIIs: −59,619.18
- DIIs: +45,314.60
- April 29, 2026 07:10
Stock market
Institutional investors' equity cash trades on April 28
Institutional investors’ equity cash trades (provisional) for April 28, 2026 (₹ crore):
FIIs: Sell 2,104 (17,231-19,335)
DIIs: Buy 1,712 (18,044-16,332)
- April 29, 2026 07:09
Industry update
India's Index of Industrial Production (IIP) rose 4.1 per cent in March against an estimate of 2.7 per cent.
- April 29, 2026 07:06
Stock market
Stocks Watchlist
Positive
- Trent: May 29 set as record date for bonus share issuance.
- IOCL: Announces hydrocarbon discovery in Libya.
- City Union Bank: To issue bonus shares in the ratio of 1:3.
- Balaji Amines: Resumes production of ammonia-based products.
- Surya Roshni, RailTel: Secure fresh order wins.
- Windlas Biotech: Announces ₹47 crore share buyback.
- Orient Green Power: Commissions 9.9 MW wind power projects.
- Kalpataru Projects: Increases stake in its Saudi Arabia arm.
- Asian Granito: Arthkumbh Ventures buys 19 lakh shares.
- Transworld Shipping Lines: To sell one vessel to Avana Logistek.
Negative
- Bajaj Finserv: Promoter group sells 2.1 crore shares.
- Capillary Technologies: Share lock-in period expires.
- April 29, 2026 07:04
Breaking: UAE announces decision to withdraw from Opec, Opec+ from May 1
- April 29, 2026 07:01
Stock market
Day Trading Guide for April 29, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for April 29, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI.
- April 29, 2026 06:52
Stock market
Stock to buy today: Triveni Engineering & Industries (₹405.70)
Stock to buy today: Triveni Engineering & Industries (₹405.70)
Place initial stop-loss at ₹380. When the price rises to ₹440, alter the stop-loss to ₹420. On a rally to ₹450, modify the stop-loss to ₹435. Exit at ₹460
Published on April 29, 2026
