Stock Market Today: Nifty Sensex Resume Declines After Tuesday's Rally; L&T, SBI Top Losers

The Nifty ended 136.70 points or 0.61% lower at 22,399.15, and the Sensex ended 379.93 points or 0.51% down at 73,847.15.

Nifty, Sensex end lower on Wednesday. (Image source: NDTV Profit)

The benchmark equity indices ended lower on Wednesday, snapping Tuesday's rally. Nifty ends 136.70 points or 0.61% lower at 22,399.15. Sensex ends 379.93 points or 0.51% down at 73,847.15. Nifty FMCG only sector ends higher for the day. Benchmark Indices underperformed broader market indices. Wipro, SBI top losers in Nifty 50. Nifty PSU Bank emerged as top sectoral loser for the day, dragged by Central Bank of India, Indian Bank.
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Rupee Vs Dollar Today: Rupee Falls To Four-Week Low

  • Rupee weakened 45 paise to close at 86.70 against US dollar 

  • This is its lowest close since March 17

  • Intraday rupee fell 47 paise to 86.72 a dollar

  • It ended at 86.25 a dollar on Tuesday

Source: Bloomberg

Stock Market At Closing

  • The benchmark equity indices ended lower on Wednesday, snapping Tuesday's rally.

  • Nifty ends 136.70 points or 0.61% lower at 22,399.15.

  • Sensex ends 379.93 points or 0.51% down at 73,847.15.

  • Nifty FMCG only sector ends higher for the day.

  • Benchmark Indices underperformed broader market indices.

  • Wipro, SBI top losers in Nifty 50.

  • Nifty PSU Bank emerged as top sectoral loser for the day, dragged by Central Bank of India, Indian Bank.

  • Nifty FMCG ends higher for the second day in a row.

Nykaa Share Price Update: Large Trade In Stock

Over 2.19 million shares of Nykaa were traded via a block deal on Wednesday. The share price of Nykaa rose 0.20% to Rs 177.10.

Stock Market Live: Mahindra & Mahindra On Electric SUV Sales

  • Mahindra says delivered 3,000 units of XEV 9e and BE 6 electric SUVs in 20 days.

  • M&M delivers 3,000 XEV 9e, BE 6 electric SUVs since March 20

  • Booking trends show 59% demand for XEV 9e, 41% for BE 6

  • A majority of customers are opting for top end variants of the EVs

Source: Company Statement

Stock Market Live: Glenmark Pharma Product Recall

  • Analysts say, recall is Class two, not major issue and is reversible

  • Recall for most products is due to expiry date of drugs as March 2025

Source: Exchange Filing

Stock Market Live: Shilpa Medicare Receives USFDA Nod For Tablets

The company received a US FDA nod for Varenicline tablets. These tablets assist in qutting smoking.

Alert: Varenicline tablets are indicated for smoking cessation; it helps people exit smoking.

ITC Share Price Update: Large Trade In Stock

Over 1.07 million shares of ITC were traded via a block deal on Wednesday. The share price of ITC fell as much as 0.90% to Rs 263.50.

Stock Market Today: Vodafone Idea Capex Expansion Plan

The telecom operator aims to grow capital expenditure to Rs 50,000 crore to Rs 55,000 crore in the next three years.

Source: Investor Presentation

Stock Market Today: ABB India Gets Tax Penalty Of Rs 1.38 Crore 

ABB India Ltd. has been imposed a tax penalty of Rs 1.38 crore by tax authorities. The company has received the penalty notice and is likely to take necessary steps to address the issue.

Source: Exchange Filing

Stock Market Live Update: Mphasis Gets US Patent Quantum Prediction System 

Mphasis Ltd. has received a patent from the US Patent and Trademark Office for its quantum prediction system. This innovation is expected to enhance the company's capabilities in data analysis and prediction, leveraging the power of quantum computing to drive business value.

Source: Exchange Filing

Stock Market Today: Govt Notifies Amalgamation Of RRBs, BoB Says

The Government of India has notified the amalgamation of regional rural banks in to single regional rural bank in different states, Bank of Baroda said.

Source: Exchange Filing

Stock Market Live: India To Buy 26 Rafale Aircraft From France

India clears mega deal to buy 26 Rafale Marine fighter aircraft from France. The government-to-government deal worth over Rs 63,000 crore will be signed soon. Indian Navy will get 22 single-seater and four twin-seater aircraft as part of the deal, say government sources.

Source: ANI

Stock Market Live: RBI Governor On IndusInd Bank

  • Needn't speculate, will await audit report

  • Need to ensure such events are less frequent

  • Would not like to get into individual entities

Source: Presser

Stock Market Live: China Urges Dialogue With US

  • China will take steps to defend rights

  • China expands imports shows its efforts on opening up

  • China has abundant means for countermeasures against US

Source: Bloomberg

Stock Market Live: Aviation Minister On Mahindra Aerostructures-Airbus Partnership

The Union Minister of Civil Aviation Ram Mohan Naidu Kinjarapu congratulated Mahindra Aerostructures on its partnership with Airbus to manufacture H130 helicopter fuselages.

Stock Market Live: Six Noons At Noon

Several stocks are making notable moves in the market. Among them are Vishal Mega Mart, Senco Gold, Muthoot Finane., State Bank of India, Infosys, and Ipca Laboratories.

These stocks have been influenced by various factors, including analyst ratings, regulatory announcements, and global trade policies.

Here's a closer look at the key highlights.

Stock Market Live: Epack Durables To Increase Production Capacity

The company aims to increase production capacity of washing machines at an investment of Rs 50 crore.

Source: Exchange Filing

Sensex, Nifty Today: Stock Market Watch At Noon

  • Indian equities pared their day's losses, with the Nifty trading nearly 0.5% lower at 22,423.50 and Sensex fell over 344 points at 73,883.47 as of 12:08 p.m.

  • Intraday, both Nifty and Sensex fell over 0.75%. 

  • Nifty fell 0.81% to 22,353.25, and Sensex fell 0.75% to 73,673.06.

  • Broader indices were trading lower. The NSE Midcap 100 index fell 1.01%; Nifty Smallcap 100 was trading 1.06% lower.

  • Most sectoral indices fell, led by Nifty IT and Nifty PSU Banks.

  • Nifty FMCG and auto were trading in the green.

  • ITC, Hindustan Unilever, Mahindra & Mahindra, Nestle, and PowerGrid Corp. were top Nifty gainers.

  • Infosys, HDFC Bank, L&T, ICICI Bank, and State Bank of India were top Nifty losers.

Stock Market Live: Adani Unit Completes ITD Cementation Offer

Adani unit completes open offer of ITD Cementation, as per a statement.

Source: Bloomberg

Stock Market Live: China Spokesperson On China-India Trade Relations

China-India economic and trade relationship is based on complimentarity and mutual benefit, said Yu Jing, spokesperson, Chinese Embassy in India. Facing the US abuse of tariffs, which deprives countries, especially Global South countries, of their right to development, the two largest developing countries should stand together to overcome the difficulties.

Source: NDTV

Stock Market Live: Hang Seng Pares Losses

The Hong Kong stock market index Hang Seng erased its days lows of 4.31% to trade 0.58% lower at 20,010.20 as of 11:32 a.m.

Stock Market Live: Gold Financiers Shares Decline

Shares of Cholamandalam Financial Holdings, IIFL Finance, Muthoot Finance, Cholamandalam Investment and Finance Co. and Manappuram Finance declined after the Reserve Bank of India announced it will issue comprehensive regulations on prudential norms for gold loans.

Read the whole story here.

Stock Market Live: Airbus India On Sourcing

Airbus is set to increase sourcing from India to $2 billion before 2030, said Airbus India president Rémi Maillard.

Source: Bloomberg

Stock Market Live: Greaves Electric Mobility Launches New Electric Scooter

Ampere, the electric two-wheeler brand under Greaves Electric Mobility, the electric mobility arm of Greaves Cotton, announced the launch of their new e-scooter Ampere Reo 80.

Source: Exchange Filing

Stock Market Live: Borosil Incorporates Subsidiary

The company incorporates arm Stylenest India.

Source: Exchange Filing

Stock Market Live: Garden Reach's Rs 490-Crore Order Win

The defence company received an order worth Rs 490 crore for the construction and delivery of two coastal research vessels from the Geological Survey of India.

Source: Exchange Filing

Stock Market Live: CPI Inflation For FY26 Projected At 4%

CPI inflation in FY26 is projected at 4%, the RBI Governor said on Wednesday. For the first quarter it is seen at 3.6%, for the second quarter it is at 3.9% and in the third and fourth quarter it is at 3.8% and 4.4%, respectively.

Source: RBI MPC meeting

Stock Market Live: Growth Projection For FY26 Trims By 20 Bps

Growth projection for fiscal 2026 has been marked down by 20 basis points to 6.5%, said RBI Governor Sanjay Malhotra.

Source: RBI MPC meeting

Stock Market Live: Forex Reserves At $676.3 Billion

Forex reserves stood at $676.3 billion as of April 4, said RBI Governor Sanjay Malhotra on Wednesday. The forex reserves provide an import cover of about 11 months, he stated.

Source: RBI MPC meeting

Stock Market Live: Banking Stocks Fall

Banking stocks erased day's gains and declined as the Bank Nifty slipped to 0.67%.

Stock Market Live: Nifty Bank Extends Losses

The Nifty Bank index pared its day's losses from 0.54% to trade 0.31% lower at 50,354.45 as of 10:10 a.m., only to immediately erase recovery and slip to day's low of 0.70%.

Stock Market Live: Nifty, Sensex Trade Lower Post RBI Governor's Rate Cut Announcement

Benchmark indices pared losses with the Nifty trading 0.38% lower at 22,449.80, and the Sensex was down 0.25% at 74,038.21 as of 10:08 a.m.

Stock Market Live: RBI Governor Announces 25 Basis Points Rate Cut To 6%

Stock Market Live: Prestige Estates Q4 Update

  • Total developable area in Q4 stands at 14.03 million square feet, comprising 4,548 units.

  • Launched four projects in Q4 across Bengaluru, Mumbai & Hyderabad.

Source: Exchange Filing

Stock Market Live: Bond Yields Rise Ahead Of MPC

The 10-year bond yields rose to day's high of 6.515% ahead of the MPC meeting on Wednesday, after opening at 6.48%.

Stock Market Live: Insolation Energy's Q4 Performance Update

March consolidated unaudited provisional revenue grows 80.5% to Rs 1,338 crore versus Rs 741 crore.

March registers steep surge of 81% in dispatches.

Source: Exchange Filing

Rupee Vs Dollar Today: Rupee At Three-Week Low Ahead Of MPC Meet

  • Rupee weakened 41 paise to 86.66 against US dollar.

  • It ended at 86.25 a dollar on Tuesday.

Source: Bloomberg

Stock Market Live: Ramesh Damani On Tariffs| Exclusive

Veteran investor Ramesh Damani believes that India and other emerging markets will not follow the US, and will move on by forging their own trading blocs. "If the US wants to be left behind, it will be," he said.

The world will have to alter the trading dynamics. Nations will move on by forging trade pacts, leaving the US behind.
Ramesh Damani, Veteran Investor

Senco Gold Share Price Live: Locked In Upper Circuit

Shares of the jeweller hit the upper circuit on Wednesday after the company posted its highest-ever fourth-quarter revenue. The shares hit over a one-month high on the back of high trading volume.

Read the whole story here.

Stock Market Live: Jefferies' IT Picks

As the IT sector sees the sharpest dip of 2.5% on open, dragging the indices lower, here are Jefferies' top picks from the sector amid volatility.

Tata Steel Share Price Update: Large Trade In Stock

Over 2.09 million shares of Tata Steel were traded via a block deal on Thursday. The share price of the company fell as much as 2.74% to Rs 126.71 apiece.

Stock Market Live: Pharma Stocks Open Lower On Tariff Threats

Pharmaceuticals took a hit on Wednesday's market open, slumping on US President Trump's recent declaration of an impending tariff on the sector.

Stock Market Live Update: Nifty, Sensex Open Lower Ahead Of MPC Meet

The Nifty opened 0.56% lower at 22,409.95, and the Sensex opened 0.47% down at 73,876.35 ahead of the RBI MPC meeting on Wednesday.

Stock Market Live Update: Nifty, Sensex Trade Lower Pre-Open

At pre-open, the NSE Nifty 50 was trading 76 points or 0.34% lower at 22,460.30. The BSE Sensex was 0.15% down at 74,103.83.

Rupee Vs Dollar Today: Rupee's Sharp Slip

  • Rupee weakened 20 paise to open at 86.45 against US dollar.

  • It ended at 86.25 a dollar on Tuesday.

Source: Bloomberg

Stocks To Watch Live: Asian Peers Decline, Led By Nikkei

Most Asian markets experienced a downward trend on Wednesday. The Nikkei saw a significant drop of 2.62%, followed by the Kospi and ASX 200 which were down by 0.95% and 1.27% respectively. The Hang Seng also traded lower with a 1.50% loss.

Bucking the trend, the CSI 300 was the only major index in positive territory, with a gain of 0.32%.

Stocks To Watch Live: Ather Likely To Slash IPO Size

Ather Energy said to mull cutting IPO size by atleast $50 million from previous $400 million target.

Source: Bloomberg

Stocks To Watch Live: Sterlite Tech Signs Pact With Swoop

  • In pact with Swoop to upgrade fibre connectivity in Western Australia.

  • To supply optical networking and connectivity solutions to Swoop.

Source: Exchange Filing

Nifty Today: What F&O Cues Indicate

  • Nifty April Futures up by 1.72% to 22,630 at a premium of 95 points.

  • Nifty April futures open interest down by 3.2%.

  • Nifty Options April 9 Expiry: Maximum Call open interest at 25,450 and Maximum Put open interest at 20,400.

  • Put-Call ratio at 1.03, with highest change in Put open interest at 20,400.

  • Securities in ban period: Birla soft, Hindustan Copper, Manappuram Finance.  

Stocks To Watch Live: Shyam Metalics, Zee Media, Senco Gold In Focus

  • Shyam Metalics: The company reported a 13% year-on-year growth in stainless steel sales for the month of March, reaching 6,619 tonnes. For financial year 2025, stainless steel sales registered a robust 66% uptick compared to last year, totalling 84,404 metric tonnes.

  • Senco Gold: The company reported in its fourth-quarter business update a retail growth of 23% year-on-year and 18.4% growth in same-store sales growth.

  • Vodafone Idea: The board approved the allotment of 3,695 crore shares worth Rs 36,950 crore to the government. The government stake in the company currently stands at 48.99% post allotment.

Click here for more stocks that are expected to move in today's trading session.

Stock Market Live: CNG, PNG Price Hike

Stock In Focus: Mahanagar Gas

  • MMR, Mumbai CNG, PNG price hiked

  • Compressed natural gas price hiked by Rs 1.5 to 79.50 per kg

  • Piped natural gas prices up by Rs 1 per kg to 49 per kg

Stock Market News Live: Dollar Check

  • The US Dollar index is down 0.49% at 102.47.

  • Euro was up 0.53% at 1.1016.

  • Pound was up 0.44% at 1.2819.

  • Yen was down 0.37% at 145.72.

Stock Market News Live: Follow RBI MPC Updates

Stay tuned with NDTV Profit's live coverage of the Reserve Bank's MPC meeting, to be updated on all things interest rates, inflation and growth outlook as Governor Sanjay Malhotra announces the rate cut decision today.

Follow our live blog here.

Stock Market News Live: Potential RBI Rate Cut On The Cards Today

The Reserve Bank of India's Monetary Policy Committee is expected to cut the benchmark lending rate in April, even as it continues to frontload liquidity to ensure rate transmission.

All economists polled by Bloomberg expect the MPC to cut the rate, at least by 25 basis points.

Stock Market News Live: Trump On Pharma Tariffs

"We are going to announce tariff on pharmaceuticals shortly," said US President Trump.

Suggest that pharma companies will leave China once they hear about new tariffs, and are gonna come rushing back to our country, he added.

Source: Remarks at the Republican Congressional Committee Dinner

Stock Market News Live: Global Check

The Nikkei 225 saw a steep slump and the KOSPI also saw a marginal decline as the Washington's decision to proceed with their multiple substantial tariffs on trade partners, especially a 104% levy on China, left markets round the globe rattled.

On Tuesday, the Dow Jones Industrial and Nasdaq Composite ended 0.84% and 2.15% lower, respectively, following a day of volatile trading. The S&P 500 ended 1.57% lower, in the cusp of entering bear territory.

Stock Market News Live: GIFT Nifty Indicates Weak Open

Good morning, and welcome to NDTV Profit's live coverage on stock markets.

The GIFT Nifty was trading near 22,400 on Wednesday morning at a marginal loss, indicating a weaker start for the benchmark indices.

The futures contract based on the benchmark Nifty 50 was trading 0.45% or 100.50 points down at 22,418 as of 07:26 a.m.

On Tuesday, the benchmark equity indices snapped the three-day losing streak and ended with gains. The Nifty 50 ended 1.69% higher while the BSE Sensex advanced 1.49%.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
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