Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.
Indian equity benchmarks, Sensex and Nifty50, ended higher for the third straight session on Tuesday, supported by positive cues from Asian markets and strong Q3 performance by select companies.
At the closing bell, the BSE Sensex closed higher by 20 points (up 0.2%).
Meanwhile, the NSE Nifty closed 67 points higher (up 0.2%).
M&M, Tech Mahindra, and Tata Steel are among the top gainers today
HCL Tech, Bharti Airtel, and HDFC Bank, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 25,96,1, higher by 71 points at the time of writing.
The BSE MidCap index ended 3.8% higher, and the BSE SmallCap index ended 4.6% higher.
Sectoral indices are trading mixed today, with stocks in the banking sector and the healthcare sector witnessing buying. Meanwhile, stocks in the banking sector witnessed selling pressure.
The rupee is trading at Rs 90 against the US$.
Gold prices for the latest contract on MCX are trading 0.1% lower at Rs 157,925 per gram.
Meanwhile, silver prices were trading 1.1% lower at 2,59,661 per 1 kg.
Samvardhana Motherson Q3 FY26 Results
In the news from auto sector, shares of Samvardhan Motherson International came into focus after the company reported its Q3 FY26 results.
Samvardhana Motherson International shares reported a 21% year-on-year jump in net profit for the October-December (Q3FY26) quarter. Net profit stood at Rs 10.6 billion (bn), up from Rs 8.8 bn in the same period last year.
The growth in profit was supported by lower finance costs and higher contributions from joint ventures and associates.
Revenue for the quarter increased 14% YoY to Rs 314.1 bn, boosted by the Atsumitec acquisition, organic growth, favorable commodity prices, and currency movements.
EBITDA rose 9.7% YoY to Rs 30.4 bn from Rs 27.8 bn, driven by operational improvements in the multi-purpose plant division.
The company reported a one-time loss Rs 0.25 bn due to changes under the new labor code, and an additional Rs 0.12 bn loss related to exceptional provisions in central and western Europe arising from business transformation measures.
Amber Enterprises India Q3 FY26 Results
Moving on to the news from consumer durable sector, shares of Amber Enterprises came into focus after the company reported its Q3 FY26 results.
Amber Enterprises India shares rose on Tuesday after the company reported a 128% year-on-year jump in net profit for the third quarter (Q3FY26). Net profit increased to Rs 0.84 bn, up from Rs 0.37 bn in the same period last year.
Revenue for the December quarter grew 38% YoY to Rs 29.43 bn, compared with Rs 21.33 bn in Q3FY25. EBITDA rose 53% YoY to Rs 2.47 bn from Rs 1.62 bn, driven by strong operational performance.
During the quarter, the company also reported a one-time loss of Rs 0.09 bn due to changes in the new labor code.
Bata India Q3 FY26 Results
Moving on to the news from consumer durable sector, shares of Bata India came into focus after the company reported its Q3 FY26 results.
Bata India Ltd reported a 2.8% increase in revenue for the quarter, which rose to Rs 9.45 bn from Rs 9.19 bn a year ago.
The company's consolidated net profit grew 12.6% to Rs 0.66 bn, up from Rs 0.59 bn in the same period last year.
Bata India is the largest manufacturer and retailer of footwear in India and is a part of the Bata Shoe Organisation.
Today, Bata India has established itself as India's largest footwear retailer. Its retail network of over 1,375 stores gives it a reach that no other footwear company can match.
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