Although the benchmark indices opened higher, they traded negatively throughout the session and ultimately closed red.
Indian equity benchmark indices, Sensex and Nifty50, snapped a four-day winning streak as metal and realty stocks weighed.
At the closing bell, the BSE Sensex closed 104 points lower (down 0.1%)
Meanwhile, the NSE Nifty closed 31 points lower (down 0.1%)
Infosys, HCL Tech, Tech Mahindra were the top gainers today.
Bharat Elec, Trent, and ICICI Bank, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 24,395, 96 points lower at the time of writing.
The BSE 150 Midcap index is trading 0.2% lower, and the BSE 250 SmallCap index is trading 0.4% lower.
Baring the IT sector and consumer durable sector, all other sectoral indices were trading negative today, with the metal sector and power sector witnessing selling pressure.
The rupee is trading at Rs 95.3 against the US$.
Gold prices for the latest contract on MCX are trading 1.1% lower at Rs 1,45,305 per 10 grams.
Meanwhile, silver prices were trading 1.8% lower at 2,31,714 per 1 kg.
Jubilant FoodWorks Q1 Business Update
Shares of Jubilant FoodWorks came into focus after the company reported its Q1 results.
According to the company's exchange filing, Jubilant FoodWorks reported consolidated revenue from operations of Rs 25,693 million (m) for the June quarter, marking a 14.1% year-on-year (YoY) increase. On a standalone basis, revenue rose 9.2% YoY to Rs 18,485 m.
The company said Domino's India posted Like-for-Like (LFL) sales growth of 2.5% during the quarter, while Domino's Eurasia reported an LFL decline of 1.3% (post Ind AS 29).
Jubilant FoodWorks also expanded its store network by a net 76 outlets during the quarter, taking its total store count to 3,712. Domino's India added 58 new stores to reach 2,513 outlets, while Domino's Eurasia opened eight new stores, increasing its total store count to 795.
Info Edge Q1 Business Update
Shares of Info Edge came into focus after the company reported its Q1 results.
According to the company's exchange filing, Info Edge reported a 14.4% year-on-year (YoY) increase in standalone billings to Rs 7,370 million for the quarter ended June 2026, compared with Rs 6,442 million in the corresponding quarter of the previous year.
Among its business segments, the Recruitment Solutions business (domestic and international) posted the strongest growth, with billings rising 17.5% YoY to Rs 5,527 million.
Billings from 99acres increased 16.6%, while Jeevansathi recorded a 14.1% rise. In contrast, the Shiksha division reported a 22.8% decline in billings to Rs 346 million.
Embassy Development Enhances NCD Fundraising Capacity
Real estate developer Embassy Developments has increased its fund-raising limit through non-convertible debentures (NCDs) to Rs 15,700 m, nearly four times the earlier approved limit of Rs 4,000 m.
The company plans to issue senior, secured, redeemable, unrated and unlisted NCDs through private placements in one or more tranches.
In a stock exchange filing on Tuesday, Embassy Developments said its board approved raising an additional Rs 11,700 m through NCDs, taking the total approved issue size to Rs 15,700 m from the earlier Rs 4,000 m.
The company said the actual amount raised will depend on its funding requirements, including refinancing existing debt, financing ongoing projects, meeting working capital needs and other general corporate purposes.
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