Nifty ends below 25,000 mark, drag by Eternal and Grasim Industries
Nifty Midcap 150 ends higher for the seventh day in a row.
Nifty Smallcap 250 ends higher for the seventh day in a row.
Delhivery and Rail Vikas Nigam are top gainers in Nifty Midcap 150.
Nifty smallcap 250 ends 0.6% higher, led by Graphite India and alembic Pharma
Nifty IT Top losing sector drag by Mphasis and Infosys.
Nifty Realty emerged as top performing sector led by Raymond and Oberoi Realty.
Nifty Realty, Auto ended higher for the fourth day in a row.
Nifty PSU Banks end higher for the seventh day in a row.
Nifty FMCG, Oil and Gas snaps third day gaining streak.
Nifty Media snaps 8 day gaining streak.
Nifty IT falls for the second day in a row.
Nifty ends below 25,000 mark, drag by Eternal and Grasim Industries
Nifty Midcap 150 ends higher for the seventh day in a row.
Nifty Smallcap 250 ends higher for the seventh day in a row.
Delhivery and Rail Vikas Nigam are top gainers in Nifty Midcap 150.
Nifty smallcap 250 ends 0.6% higher, led by Graphite India and alembic Pharma
Nifty IT Top losing sector drag by Mphasis and Infosys.
Nifty Realty emerged as top performing sector led by Raymond and Oberoi Realty.
Nifty Realty, Auto ended higher for the fourth day in a row.
Nifty PSU Banks end higher for the seventh day in a row.
Nifty FMCG, Oil and Gas snaps third day gaining streak.
Nifty Media snaps 8 day gaining streak.
Nifty IT falls for the second day in a row.
Rupee closed 12 paise stronger at 85.40 against US Dollar
It closed at 85.52 a dollar on Friday
Source: Bloomberg
Rupee closed 12 paise stronger at 85.40 against US Dollar
It closed at 85.52 a dollar on Friday
Source: Bloomberg

Jupiter Wagons Ltd. share price declined 3.20% to Rs 409.90 apiece after the company reported its consolidated net profit fell 1.8% on the year to Rs 103 crore from Rs 105 crore.
Jupiter Wagons Ltd. share price declined 3.20% to Rs 409.90 apiece after the company reported its consolidated net profit fell 1.8% on the year to Rs 103 crore from Rs 105 crore.

Varun Beverages acquired 50% stake in Everest Industrial Lanka for $3.75 million, the company said in an exchange filing.
Varun Beverages acquired 50% stake in Everest Industrial Lanka for $3.75 million, the company said in an exchange filing.

Mahindra Lifespace Developers approved an issue of equity shares worth Rs 1,500 crore via rights issue, the company said in an exchange filing.
Container Corp of India will consider bonus share issue on May 22, the company said in an exchange filing.
Shares of the telecom operator slid as low as 12% on Monday after the Supreme Court rejected Vodafone Idea Ltd.’s plea for fresh relief on its adjusted gross revenue dues.
Shares of the telecom operator slid as low as 12% on Monday after the Supreme Court rejected Vodafone Idea Ltd.’s plea for fresh relief on its adjusted gross revenue dues.

Defence stocks fluctuated sharply from green to red in early trade on Monday, snapping their upward trend. Shares of Garden Reach Shipbuilders and Engineers Ltd., Hindustan Aeronautics Ltd., and Mazagon Dock Shipbuilders Ltd. dragged the sector down.
Read the full article here.
Marksans Pharma Ltd.'s arm received marketing nod for Sennosides 7.5 miligram tablets from UK Regulatory Agency, the company said in an exchange filing.
Zydus Wellness Q4 Highlights (Consolidated, YoY)
Revenue up 16.7% to Rs 913.10 crore versus Rs 782.60 crore.
Net Profit up 14% to Rs 171.90 crore versus Rs 150.30 crore.
Ebitda up 17% to Rs 190.00 crore versus Rs 162.20 crore.
Margin at 20.8% versus 20.7%.
Board approves splitting of each share into five.
Track live Q4 earnings update here.
Shares of Data Patterns (India) Ltd. rose on Monday to hit eight-month high after its profit rose over 60% for the fourth quarter of financial year 2025.
The shares of Data Patterns rose as much as 9.54% to Rs 3,141.70 apiece, the highest level since Aug. 2.
Shares of Data Patterns (India) Ltd. rose on Monday to hit eight-month high after its profit rose over 60% for the fourth quarter of financial year 2025.
The shares of Data Patterns rose as much as 9.54% to Rs 3,141.70 apiece, the highest level since Aug. 2.

Kotak Institutional Equities has initiated coverage on Hexaware Technologies Ltd. with a ‘buy’ rating and a target price of Rs 940, valuing the stock at 30 times March 2027E EPS.
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Shares of NBCC Ltd. rose nearly 5% to life high on Monday, after the company successfully sold 446 residential units at Aspire Silicon City in Noida through an e-auction, generating Rs 1,468 crore in sales.
The company will also receive a marketing fee of 1% of the total sale value, according to an exchange filing on Friday.
Shares of NBCC Ltd. rose nearly 5% to life high on Monday, after the company successfully sold 446 residential units at Aspire Silicon City in Noida through an e-auction, generating Rs 1,468 crore in sales.
The company will also receive a marketing fee of 1% of the total sale value, according to an exchange filing on Friday.

The NSE Nifty India Defence declined 1.38% to 8,194.65. Dynamatic Technologies Ltd. and Unimech Aerospace and Manufacturing Ltd. share prices weighed on the index.
The NSE Nifty India Defence declined 1.38% to 8,194.65. Dynamatic Technologies Ltd. and Unimech Aerospace and Manufacturing Ltd. share prices weighed on the index.

Inox Green Energy Services on Monday signed agreements to provide operations and maintenance services for 285 MWp of solar projects. The agreements are with two leading renewable energy companies, the company said in an exchange filing.
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Vodafone Idea share price declined 6.24% to Rs 6.91 apiece. It was trading 4.34% down at Rs 7.05 apiece as of 11:32 a.m.
The Indian government has turned down Vodafone Idea Ltd.’s request for fresh relief on its adjusted gross revenue (AGR) dues, days after the debt-laden telecom operator filed a fresh petition before the Supreme Court.
Vodafone Idea share price declined 6.24% to Rs 6.91 apiece. It was trading 4.34% down at Rs 7.05 apiece as of 11:32 a.m.
The Indian government has turned down Vodafone Idea Ltd.’s request for fresh relief on its adjusted gross revenue (AGR) dues, days after the debt-laden telecom operator filed a fresh petition before the Supreme Court.

Interarch Building has successfully acquired 20 acres of industrial land in Nellore, Andhra Pradesh. This strategic move is aimed at expanding their operations in the field of Pre-Engineered Heavy Steel Structures.
Rail Vikas Nigam Ltd. share price jumped 7.15% to Rs 438.9 apiece, the highest level since Feb 1. It has incorporated a new subsidiary in Andhra Pradesh. The name of the subsidiary is Sabbavaram Sheelanagar Road Development Ltd.
Rail Vikas Nigam Ltd. share price jumped 7.15% to Rs 438.9 apiece, the highest level since Feb 1. It has incorporated a new subsidiary in Andhra Pradesh. The name of the subsidiary is Sabbavaram Sheelanagar Road Development Ltd.

Proposal to induct one non-retiring board member from Currant Sea Investments fails to get majority vote
Only 64.1% shareholders voted in favour appointment
Appointment needed 75% votes to succeed
Warburg Pincus and ADIA had agreed to invest Rs 7500 cr in IDFC First Bank
Source: Exchange filing
KRBL Ltd. share price rose 7.73% to Rs 349 apiece, the highest level since Feb 22. The share price rose as KRBL Ltd. posted a 35% on the year rise in net profit during January–March.
KRBL Ltd. share price rose 7.73% to Rs 349 apiece, the highest level since Feb 22. The share price rose as KRBL Ltd. posted a 35% on the year rise in net profit during January–March.

Delhivery Ltd. share price surged 14.60% to Rs 367.70 apiece, the highest level since Dec 18. It was trading 11.30% higher at Rs 357.03 apiece as of 10:25 a.m., as compared to 0.08% advance in the NSE Nifty 50 index.
Revenue up 5.6% at Rs 2,191.5 crore versus Rs 2,075.5 crore.
Ebitda at Rs 119 crore versus Rs 45.8 crore.
Margin at 5.4% versus 2.2%.
Net profit at Rs 72.6 crore versus loss of Rs 68.5 crore.
Delhivery Ltd. share price surged 14.60% to Rs 367.70 apiece, the highest level since Dec 18. It was trading 11.30% higher at Rs 357.03 apiece as of 10:25 a.m., as compared to 0.08% advance in the NSE Nifty 50 index.
Revenue up 5.6% at Rs 2,191.5 crore versus Rs 2,075.5 crore.
Ebitda at Rs 119 crore versus Rs 45.8 crore.
Margin at 5.4% versus 2.2%.
Net profit at Rs 72.6 crore versus loss of Rs 68.5 crore.

Protean eGov Technologies Ltd. share price hit 205 lower circuit after Equirus Securities downgraded the stock to 'Sell' as revenue growth outlook turned bleak after it lost PAN 2.0 project from the Government of India.
Protean eGov Technologies Ltd. share price hit 205 lower circuit after Equirus Securities downgraded the stock to 'Sell' as revenue growth outlook turned bleak after it lost PAN 2.0 project from the Government of India.

Hindustan Aeronautics Ltd. gets a price target boost from Jefferies on robust order visibility and margin expansion. The brokerage has raised its price target to Rs 6,475, up 33% from its previous target of Rs 4,715.
Hindustan Aeronautics Ltd. share price declined 2.94% to Rs 4,977.05 apiece so far today. It was trading 2.73% down at Rs 4,986.90 apiece as of 9:47 a.m.
Hindustan Aeronautics Ltd. gets a price target boost from Jefferies on robust order visibility and margin expansion. The brokerage has raised its price target to Rs 6,475, up 33% from its previous target of Rs 4,715.
Hindustan Aeronautics Ltd. share price declined 2.94% to Rs 4,977.05 apiece so far today. It was trading 2.73% down at Rs 4,986.90 apiece as of 9:47 a.m.

Hyundai Motor India Ltd. posted a stronger-than-expected fourth quarter performance, driven by improved average selling prices, favourable product mix, and lower discounting. Despite this margin-led beat, brokerages remain cautious about the company’s medium-term growth prospects, flagging persistent concerns over market share, muted domestic outlook, and expensive valuations.
Read the full article here.
On NSE, 13 sectoral indices advanced, two declined out of 15. The NSE Nifty Defence advanced the most, and the NSE Nifty IT declined the most.
On NSE, 13 sectoral indices advanced, two declined out of 15. The NSE Nifty Defence advanced the most, and the NSE Nifty IT declined the most.

Infosys Ltd., Tata Consultancy Services Ltd., Reliance Industries Ltd., Eternal Ltd., and HCLTech Ltd. weighed on the Nifty 50 index.
HDFC Bank Ltd., ICICI Bank Ltd., Bharat Electronics Ltd., NTPC Ltd., and Bajaj Finance Ltd. added to the Nifty 50 index.
Infosys Ltd., Tata Consultancy Services Ltd., Reliance Industries Ltd., Eternal Ltd., and HCLTech Ltd. weighed on the Nifty 50 index.
HDFC Bank Ltd., ICICI Bank Ltd., Bharat Electronics Ltd., NTPC Ltd., and Bajaj Finance Ltd. added to the Nifty 50 index.

The NSE Nifty 50 and BSE Sensex logged losses shortly after open as Reliance Industries Ltd., and Infosys Ltd. weighed. The Nifty 50 was trading 4.25 points or 0.02% higher at 25,024.05, and the Sensex was trading 41.10 points or 0.05% down at 82,289.49 as of 9:26 a.m.
The NSE Nifty 50 and BSE Sensex logged losses shortly after open as Reliance Industries Ltd., and Infosys Ltd. weighed. The Nifty 50 was trading 4.25 points or 0.02% higher at 25,024.05, and the Sensex was trading 41.10 points or 0.05% down at 82,289.49 as of 9:26 a.m.
At pre-open, the NSE Nifty 50 was trading 0.05% or 14.45 points down at 25,003.35, and the BSE Sensex was trading 0.03% or 24.36 points higher at 82,354.92.
The yield on the 10-year bond opened flat at 6.28%
Source: Bloomberg
Rupee opened 12 paise stronger at 85.44 against US Dollar
It closed at 85.52 a dollar on Friday
Source: Bloomberg
United Spirits Ltd. is set to announce its financial results for the January–March quarter on Tuesday, with brokerages remaining bullish and naming it among their top picks within the discretionary space.
According to the brokerages, India’s alcoholic beverages sector is poised for strong growth, underpinned by favourable regulatory developments, easing input costs, and buoyant demand, particularly in the premium segment.
Read the full article here.
Oil prices declined in Asia session as traders worry about the commodity's demand outlook after Moody's downgraded US's credit rating. The brent future was trading 0.18% down at $65.29 a barrel as of 8:24 a.m.
Markets in Asia-Pacific region were trading lower Monday morning amid a US rating downgrade. The Nikkei 225 and CSI 300 were trading 0.45% and 0.43% down, respectively as of 7:58 a.m.
US share indices ended higher on Friday despite giving up some gains in the late hours as Moody's downgraded US's rating.
On Friday, the Dow Jones Industrial Average rose 0.78% at 42,654.74, the S&P 500 rose 0.70% at 5,958.38, and the Nasdaq Composite rose 0.52% at 19,211.10.
The GIFT Nifty was trading 0.27% or 67 points down at 25,064.50 as of 6:54 a.m., which implied 46 points higher open for the Nifty 50 index.
Traders will focus on Divi's Laboratories Ltd., Premier Energies Ltd., KEC International Ltd., Shipping Corp of India, and Sun Pharmaceutical Industries share prices because of the earning released last week.
The NSE Nifty 50 closed 42.30 points or 0.17% lower at 25,019.8 and the BSE Sensex ended 200.15 points 0.24% lower at 82,330.59.
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