Hello and welcome to our live coverage on Indian stock markets.
India's benchmark Nifty and Sensex indices snapped a three-day gaining streak to log their worst single day since Feb. 1 Budget Day. The Nifty 50 ended 400 points or 1.6% lower at 25,413.40 and the Sensex dropped over 1,200 points or 1.5% to 82,498. Mid and small cap gauges too sunk.
All 16 sectoral gauges compiled by the NSE traded lower, led by the NSE Nifty Realty Index's 2.5% fall. Media, auto, FMCG, defence closed over 2% lower. The market breadth was firmly tilted in favour of sellers. Nearly 2,900 stocks declined and about 1,200 shared advanced on BSE.
That's it from NDTV Profit's market team today. See you in the week's final session tomorrow!
S&P 500 futures are down 0.2% and Nasdaq 100 is lower by 0.3%.
India's benchmark Nifty and Sensex indices snapped a three-day gaining streak to log their worst single day since Feb. 1 Budget Day. The Nifty 50 ended 400 points or 1.6% lower at 25,413.40 and the Sensex dropped over 1,200 points or 1.5% to 82,498.
The broader market reflected the bearish tone as well. The Nifty Midcap 150 tanked more 1.6% for the day while the Nifty Smallcap 250 dropped 1.2%.
Find the key updates in charts below:
Intellect Design Arena bags ANB mandate for wholesale banking platform in Saudi Arabia
Intellect Design Arena Ltd said Arab National Bank (ANB) in Saudi Arabia has implemented its eMACH.ai Digital Transaction Banking platform to strengthen digital capabilities. The deployment will support ANB’s cash management offerings and help deliver next-generation wholesale banking solutions tailored to the Kingdom’s evolving financial landscape.
The company said the engagement aligns with Saudi Arabia’s Vision 2030 agenda, aimed at accelerating digital transformation, financial inclusion and private-sector growth. The mandate marks a milestone for Intellect in the Middle East as banks modernise core transaction banking infrastructure to meet rising corporate demand for real-time, integrated services.
Realty developer Puravankara has launched Purva Silversky, a premium residential project in Hebbagodi, Electronic City, off Hosur Road in Bengaluru.
Spread across about 6.99 acres, the development will feature 356 homes across three 32-storey towers, with nearly 88% open spaces and four residences per floor, positioning it as a low-density offering.
Mahindra Group on Thursday announced plans to establish a maintenance facility in India with Embraer SA for the C-390 millennium upon selection in the Indian Air Force's Medium Transport Aircraft (MTA) program. The proposed maintenance, repair and overhaul (MRO) facility will provide comprehensive in‑country maintenance and sustainment for the C‑390 fleet, supporting high levels of operational readiness and availability, a statement said.

A quick market-wide derivatives positioning update.
Bajel Projects MD and CEO Rajesh Ganesh told NDTV Profit that the company is looking to close the financial year with revenues upwards of Rs 4,000 crore. He expects its growth trajectory to improve significantly from FY27 onward. He acknowledged a temporary dip in order inflows from clients but noted that it is currently operating with a strong base of Rs 6,000 crore.
The CEO also highlighted that it has established a dedicated commodity‑hedging desk to manage price volatility more effectively. The firm anticipates that around 30% of its future order book will come from international markets.
He also reiterated its commitment to staying focused on its core business areas. Bajel Projects added that the Saudi Arabian market is expanding rapidly and that the company is progressing in a deliberate and structured manner to tap this opportunity.
Paytm parent One 97 Communications Ltd. could be poised for a potential re‑rating due to several positive triggers. These include valuation catch‑up potential with Flipkart-owned PhonePe, expected Reserve Bank of India approval for its wallet business, strong technical support near its 200 day daily moving average, and solid third quarter results.



Thirteen out of 15 sectoral gauges compiled by the NSE traded lower, led by the NSE Nifty Realty Index's 1.5% fall. On the flipside, the NSE Nifty IT Index was the top sectoral gainer, up 0.4%.

Marathon Nextgen to NDTV Profit
PM Modi introduced Vision Manav for AI infrastructure in India.
Track minute-by-minute updates from the latest developments at the India AI Summit

Source: Bloomberg

India’s rupee and bond markets are closed today on account of Chatrapati Shivaji Maharaj Jayanti.
GIFT Nifty, an early indicator for the Nifty 50, traded at 25,839.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.