Stock Market Today: Nifty, Sensex Settle With Gains Day After Decline; Infosys, RIL Shares Rise

• Broader markets outperform benchmark Nifty 50

• Nifty Smallcap 250 gains fourth day in a row

• Nifty Midcap 150 gains third day in a row

• Most sectoral indices end higher, gains led by Metal, Realty

• Nifty Metal top gaining sectoral index led by SAIL, Nat Alco

• Nifty Bank ends lower, worst performing sectoral index as private banks drag

• Nifty PSU Bank gains fourth day in a row; Union Bank of India, Bank of India lead

• Nifty Finserv, Nifty Bank decline second day in a row

• Rupee closed 7 paise stronger at 85.28 against US Dollar

• It closed at 85.35 a dollar on Tuesday

Source: Bloomberg

The government plans to conduct a fresh, tighter review of at least six to seven major China-backed investment proposals, potentially delaying their approvals, according to people familiar with the matter.

Read the full article here.

Kirloskar Brothers Q4 Highlight (Consolidated, YoY)

• Revenue up 4.7% to Rs 1,281.30 crore versus Rs 1,223.80 crore.

• Net Profit down 10% to Rs 137.10 crore versus Rs 152.20 crore.

• Ebitda down 1% to Rs 189.50 crore versus Rs 191.20 crore.

• Margin at 14.8% versus 15.6%.

Berger Paints Ltd. share price rose after it reported that its consolidated net profit rose 18% on the year to Rs 262 crore in the fourth quarter from Rs 222 crore.

For live updates on Q4 results click here.