Stock Market Today: Nifty, Sensex Rebound From Three-Day Slump As HDFC Bank, BEL Stocks Lead

The NSE Nifty Defence snapped a two-day declining streak to become the best performing sector on Wednesday.

(Photo source: Vishal Patel/NDTV Profit.)

Investors parsed earnings from Uno Minda, NTPC Green Energy Ltd. Trident Ltd., PFC Ltd. in Wednesday's trading session.
LIVE FEED

Stock Market Today: Infosys Partners With LogicMonitor

Infosys Ltd. partnered with LogicMonitor to transform business performance and reliability of IT operations, the exchange filing said.

Market At Close: Nifty, Sensex Rebound From Three-Day Slump

  • Nifty 50 jumps 1.06% for the day, led by Bharat Electronics and Tata steel. The index ended 0.52% higher.

  • Nifty Midcap 150 ended 0.8% for the day, led by Glaxosmithkline Pharma and Hitachi Energy.

  • Nifty smallcap 250 ended 0.3% for the day, led by Tata Teleservices and Trident.

  • Nifty Realty jumps 1.65% for the day, led by Raymond and DLF.

  • All sectoral Indicies ended in Green.

  • Nifty IT snaps three day losing streak

  • Nifty Oil and Gas, Media, FMCG snaps two days losing streak.

Rupee Closes Flat Against US Dollar

  • Rupee closes flat at 85.64 against US Dollar

Source: Bloomberg

Stock Market Live Update: NTPC Green Energy Jumps Nearly 5%

NTPC Green Energy Q4 Earnings Highlights (Consolidated, YoY) 

  • Net Profit at Rs 233 crore vs Rs 81 crore

  • Revenue rose 22.5% to Rs 622 crore versus Rs 508 crore

  • Ebitda 28.3% at Rs 560 crore vs Rs 437 crore

  • Margin at 90% versus 86%

Stock Market Live: PFC Concall Q4FY25 Highlights

PFC to raise 15-20% of Rs 1.4 lakh crore borrowing via foreign currency loan in financial year 2026. The company saw loan growth at 10-11% in FY26, according to Informist

India Well Positioned To Deal With Negative Effects Of US Tariffs, Global Trade Disruptions: Moody's

India is well positioned to deal with the negative effects of US tariffs and global trade disruptions, due to its large domestic economy and low dependence on exports, Moody's Ratings said in a report published on Wednesday. India-made goods may even benefit from increased US demand if trade talks lead to lower tariffs on India, compared to other emerging markets, according to the ratings agency.

Read the full article here.

Stock Market Live Update: Trident Share Price Jumps Over 17% As Q4 Net Profit Rises 

Trident Q4 Highlights (Consolidated, YoY)

  • Revenue up 10.8% to Rs 1,864.34 crore versus Rs 1,682.26 crore.

  • Net Profit up 135% to Rs 133.26 crore versus Rs 56.61 crore.

  • Ebitda up 23% to Rs 247.36 crore versus Rs 201.85 crore.

  • Margin at 13.3% versus 12.0%.

PFC To Focus On Renewables & Distribution To Aid Profit Growth 

  • Focus on renewables, distribution sector aided profit growth

  • Resolution of one asset worth Rs 1,200 crore aided profit growth

  • See loan growth at 10-11% in FY26

  • Cautious on taking exposure to infra sector

  • Infra sector to not materially add to loan book in FY26

  • PFC Has Rs 1 lakh crore worth of loans sanctioned in the pipeline

  • Provided 100% for Gensol Engineering account as on March end

  • PFC has Rs 266 crore exposure to Gensol Engineering, evaluating several options for recovery

Stock Market Live: IndiGo Launches Non-Stop Flight Between Mumbai & Manchester

InterGlobe Aviation Ltd. announced a long-haul debut with non-stop flights connecting Mumbai-Manchester starting July.

Stock Market Live Update: Ather Energy Expands Presence

Ather Energy expanded presence with second experience centre in Indore, the exchange filing said.

Stock Market Live: PFC Share Price Rallies After Q4 Net Profit Rises 

PFC Q4 Highlights (Consolidated, YoY)

  • Revenue up 21.1% to Rs 29,285.45 crore versus Rs 24,176.34 crore.

  • Net Profit up 12% to Rs 6,316.45 crore versus Rs 5,624.36 crore.

  • NII rises 40.8% to Rs 12,701 crore versus Rs 9,023 crore.

  • To pay final dividend of Rs 2.05 per share

Track live updates on Q4 earnings here.

Solar Industries Earnings Concall Q4FY25

  • Solar Industries aims for Rs 8,000 crore revenue from defence segment over next four or five years

  • Solar Industries expects Rs 3,000 crore sales from defence sector in FY26

  • The company expects an uptick in sales volume in India in FY26

  • Solar Industries expects to execute international order book in next 4-5 years

Source: Informist

Stock Market Live: Bajaj Holdings Stake Acqusition Approved

The CCI approves acquisition of 20% stakes in BAGIC and BALIC.

Alert: BALIC stands for Bajaj Allianz Life Insurance Company and BAGIC stands for Bajaj Allianz General Insurance Company.

Source: Exchange filing

Stock Market Live Update: Axiscades Tech Appoints New CGO

Axiscades Technologies Ltd. appointed Anurag Sharma as Chief Growth Officer, the company said in an exchange filing.

Stock Market Live Update: L&T Moves SC To Get A Stay On Opening Financial Bids For Mumbai Road Tunnel 

Larsen & Toubro Ltd. moved to the Supreme Court for a stay on opening financial bids for Mumbai road tunnel project

The Supreme Court will hear Larsen & Toubro Ltd.'s plea vs Mumbai Metropolitan body on road tunnel project On May 23, as reported by Informist.

Stock Market Live: RBI Internal Committee To Likely Take Final Call On Economic Capital Framework On Thursday

  • Internal committee is undertaking a review of the framework, ahead of the board meeting on Friday

  • Economic capital framework to determine quantum of surplus transfer to the government

  • Internal committee is divided currently, with one part recommending no changes and the other accounting for various global concerns

  • A part of the committee believes that geopolitical tensions and trade disruptions have not settled

  • Internal committee awaiting government approval before recommending any changes

Alert: RBI surplus transfer for FY25 is expected between Rs 2.5-3.5 lakh crore

(Sources On RBI)

Stock Market Live: Nifty Defence Reverse Two-Day Losing Streak; Data Patterns Gains Most 

The NSE Nifty India Defence index rose 2.46% to 8,206.50 apiece after snapping a two-day losing streak. Data Patterns (India) Ltd. was the top gainer in the index. Bharat Electronics Ltd. and Garden Reach Shipbuilders & Engineers Ltd. were other top gainers after Data Patterns (India) Ltd.

Stock Market Live Update: Dixon Technologies Shares Falls Nearly 8%

Dixon Technologies Ltd. shares fall nearly 8% on Wednesday on expensive valuations and concerns surrounding impact of PLI expiry in financial year 2027.

The shares of Dixon Technologies fell as much as 7.82% to Rs 15,270 apiece, the lowest level since May 9.

Hindalco Industries Q4 Review: Profitability To Remain Healthy Despite Capacity Expansion, Say

Hindalco Industries Ltd.'s profitability will likely remain healthy in next two-three years, as downstream projects ramp up and captive coal mining starts, according to analysts.

JPMorgan and Citi hiked their target prices on the stock after the company reported a 41% year-on-year rise in net profit for the fourth quarter of financial year 2025, beating analysts' estimates.

Read the full article here.

Stock Market Today: Gland Pharma Share Price Swings After Q4 Earnings

Gland Pharma's share price experienced notable volatility following the release of its fourth quarter earnings report. Initially, the stock declined by 2.81% at market open, but later recovered to trade 3.78% higher.

Also Read: Gland Pharma Share Price Swings After Q4 Earnings

Stock Market Live: Tejas Networks Gets Order Worth Rs 1,525 Crore 

Tejas Networks Ltd. received orders worth Rs 1,525 crore.

Stock Market Live: Sanghvi Movers Share Price Slumps Over 12%

Sanghvi Movers share price slumped 12.58% to Rs 306.00 apiece, the lowest level since May 15. The share price declined despite the company reported good performance in the fourth quarter.

Sectoral Performance At Open: Nifty Pharma Leads Gains 

On NSE, eight sectoral indices advanced, seven sectoral indices declined out of 15 indices. The NSE Nifty Pharma rose the most, and the NSE Nifty PSU Bank declined the most.

Nifty Contributors: HDFC Bank, ICICI Bank, & Sun Pharma Contribute Most 

HDFC Bank Ltd., ICICI Bank Ltd., Sun Pharmaceutical Industries Ltd., Tata Consultancy Services Ltd., and Hindustan Unilever Ltd. added to the Nifty 50 index.

Reliance Industries Ltd., Eternal Ltd., Kotak Mahindra Bank Ltd., Mahindra & Mahindra Ltd., and NTPC Ltd. weighed on the Nifty 50 index.

Stock Market Today: Nifty, Sensex Rebound From Three-Session Decline 

The NSE Nifty 50 and BSE Sensex rebounded from a three-session decline on Wednesday as HDFC Bank Ltd. and ICICI Bank Ltd. share prices supported the benchmark indices. The Nifty 50 was trading 21.10 points or 0.09% higher at 24,705.00, and the Sensex was trading 163.75 points or 0.20% higher at 81,350.19.

Stock Market Today: Nifty, Sensex Rise At Pre-Open 

At pre-open, the NSE Nifty 50 was 0.24% or 60.35 points higher at 24,744.15, and the BSE Sensex rose 0.17% or 139.74 points higher at 81,326.18.

Yield On The 10-Year Bond Opens Flat

  • The yield on the 10-year bond opened flat at 6.27%

Source: Bloomberg

Rupee Opens Flat Against US Dollar

  • Rupee opened flat at 85.64 against US Dollar

Source: Bloomberg

Stock Market Live: JPMorgan & Citi Research Hike Hindalco Ind's Target Price

Citi Research

  • Maintain Buy; Hike target price to Rs 800 from Rs 725

  • Stronger Aluminum Performance; Debt Reduction

  • Mgmt expects India aluminium cost to remain largely stable in Q1

  • Downstream EBITDA/t to improve steadily

  • India should benefit from lower costs and Novelis from better scrap supply and Bay Minette profitability

JPMorgan

  • Maintain Overweight; hiked target price to Rs 720 from Rs 680

  • Strong finish to the year

  • Better-than-expected product mix in Aluminum downstream and lagged impact of higher alumina prices aided Q4

  • Consol Net Debt to EBITDA at 1.06x should provide comfort to investors

  • EBITDA expansion to continue over the next 2-3 years as downstream projects ramp up and captive coal mining commences

Stock Market Live: Citi on Zydus Lifesciences

  • Maintain Sell with a target price of Rs 900

  • Q4 Ahead on Higher Non-Recurring Components in the US

  • FY26E EBITDA margin guidance of 26% - 300-400 bps lower than FY25

  • Extended sales of Myrbetriq and Sitagliptin may prevent the US sales from declining in FY26

Stock Market Live: Citi Research On Torrent Pharma

  • Maintain Buy with a target price of Rs 4,000

  • Q4: Healthy Underlying Trends in the Branded Markets

  • Margins Surprise Positively

  • Believe margin expansion trend will continue on the back of operating leverage in the branded segments

Asia Market Update: Most Trade Higher 

Most markets in Asia-Pacific were trading higher on Wednesday after US stocks and dollar index declined as traders shift focus on US sovereign debt.

The CSI 300 and Hang Seng advanced 0.31% and 0.38% higher, respectively. The KOSPI and S&P ASX 200 were trading 0.84% and 0.76% higher, respectively. However, the Nikkei 225 fell 0.21% down.

Also Read: US Stocks Fall With Treasuries On Deficit Concerns: Markets Wrap

US Market Update: Share Indices Fall As Attention Shift To US Sovereign Debt

US share indices halted a rally on Tuesday as investors focus on US sovereign debt. President Donald Trump will try to pursue Republican lawmakers to pass a sweeping tax-cut bill, as reported by Reuters.

On Tuesday, the Dow Jones Industrial Average fell 0.27% at 42,677.24. S&P 500 fell 0.39% at 5,940.46. Nasdaq Composite fell 0.38% at 19,142.71.

Also Read: Stocks Lose Steam In Final Minutes Of US Trading: Markets Wrap

GIFT Nifty Implies Muted Open; Coal India, Dixon Tech, Torrent Pharma Shares In Focus

The GIFT Nifty was trading flat at 24,804.50 as of 6:57 a.m., which implied that the benchmark Nifty 50 may start the day on a muted note.

Investors will keep an on Dixon Technologies Ltd., Torrent Pharma Ltd., Gujarat State Fertilizers & Chemicals Ltd., and United Spirits share prices as these companies released their fourth quarter earnings.

The benchmark equity indices closed lower for the third consecutive session on Tuesday amid volatility in the domestic stock markets.

The NSE Nifty 50 closed 261.55 points or 1.05% lower at 24,683.9 and the BSE Sensex ended 872.98 points or 1.06% down at 81,186.44.

Also Read: Stock Market Highlights: Sensex Slumps Over 800 Points, Nifty Slips Below 24,700

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Ananya Chaudhuri
Ananya Chaudhuri covers financial markets news and trends at NDTV Profit. S... more
GET REGULAR UPDATES