POST MARKET
The Indian equity indices ended higher, extending their gains for the fourth consecutive session, with the Nifty closing above 23,100, supported by buying in IT, media, metal, and realty sectors.
At close,
Sensex ↓↑ up 509.73 points or 0.69 percent at 74,616.58
Nifty ↑ up 155.40 points or 0.68 percent at 23,123.65.
About 2539 shares advanced, 1514 shares declined, and 144 shares were unchanged.
Top gainers – Wipro, Hindalco Industries, HCL Technologies, TCS, Infosys
Top losers – Dr Reddy’s Laboratories, Adani Enterprises, Interglobe Aviation, Apollo Hospitals, M&M.
Except Consumer Durables and PSU Bank, all other sectoral indices ended in the green with Information Technology rose 2.5%, Metal index gained 1.5%, Realty index up 1.7%, while Media, Private Bank, Oil & Gas indices rose 0.5-1%.
Broader markets underperformed the main indices with the Nifty midcap index rising 0.2 percent, while the smallcap index ended flat.
STOCKS IN NEWS
Shyam Metalics and Energy
Shyam Metalics & Energy rose almost 4 percent after reporting its fourth-quarter business update, supported by strong growth in its stainless steel segment. Stainless steel sales volumes increased 22.46 percent to 27,287 metric tons, while average realisations rose 4.89 percent to Rs 1.49 lakh per metric ton from Rs 1.42 lakh. Pellet sales volumes remained largely stable, declining marginally by 0.12 percent.
Deep Industries
Deep Industries gained 6.35 percent on Tuesday’s session, after securing an order worth Rs 59 crore from Oil and Natural Gas Corporation (ONGC). The contract involves providing natural gas compression, dehydration and related services at ONGC’s Rajahmundry asset over three years.
Godrej Consumer Products
Godrej Consumer Products advanced about 2.5 percent after reiterating its growth outlook for the March quarter. The company expects double-digit sales growth and high single-digit underlying volume growth in Q4 FY26, supported by steady demand conditions, easing food inflation and normalisation in trade channels. It added that EBITDA margins are likely to remain within the normative range, aided by cost efficiencies.
Jubilant FoodWorks
Shares of Jubilant FoodWorks slumped almost 10.5 percent after the company reported its provisional Q4FY26 business update, which fell short of market expectations. The company posted consolidated revenue from operations of Rs 25,058 million in the March quarter, marking a 19.1% year-on-year rise. However, standalone revenue grew at a slower pace of 6.2% YoY to Rs 16,860 million.
Swan Defence and Heavy Industries
Shares of Swan Defence and Heavy Industries rose 4.27 percent on Tuesday after the company secured a landmark shipbuilding order. The company said it has won a Category 4 order from Energy ONE Limited to build four 92,500 DWT dual-fuel ammonia bulk carriers – a first-of-its-kind project in India.
Source – Moneycontrol
