Although the benchmark indices opened flat, they traded negatively throughout the session and ultimately closed red.
Indian equity benchmarks, Sensex and Nifty50, ended lower as Brent crude prices rose significantly due to the uncertainty about a possible peace deal between the US and Iran.
At the closing bell, the BSE Sensex closed lower by 417 points (down 0.5%)
Meanwhile, the NSE Nifty closed 97 points lower (down 0.4%)
Bharti Airtel, Tech Mahindra, and Tata Steel are among the top gainers today.
Axis Bank, Trent, Maruti Suzuki, and HCL Tech, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 24,008, lower by 84 points at the time of writing.
The BSE 150 Midcap index is trading 0.1% higher, and the BSE 250 SmallCap index is trading 0.01% higher.
Sectoral indices were trading mixed today, with stocks in the telecommunication sector and the oil & gas sector witnessing buying. Meanwhile, stocks in the banking sector and the financial services sector witnessed selling pressure.
Gold prices for the latest contract on MCX are trading 1% lower at Rs 1,50,101 per 10 grams.
Meanwhile, silver prices were trading 2% lower at 2,36,695 per 1 kg.
Nippon Life AMC Q4 FY26 Results
Shares of Nippon Life India Asset Management came into focus after the company reported its Q4 FY26 results.
The company's consolidated total income rose 19.6% year-on-year to Rs 7.05 billion, compared to Rs 5.90 billion in the year-ago quarter.
Its mutual fund quarterly average assets under management (QAAUM) grew 30% year-on-year to Rs 7.25 trillion, while total closing AUM increased 18% to Rs 7.73 trillion. Equity mutual fund QAAUM rose 25% to Rs 3.30 trillion, and ETF QAAUM saw strong growth of 57% to Rs 2.42 trillion.
For the full year FY26, total income increased 16.4% to Rs 29.33 billion from Rs 25.21 billion in FY25. Net profit for the year rose 18.9% to Rs 15.29 billion, compared to Rs 12.86 billion last year.
Nippon Life India Asset Management reported a net profit of Rs 3.85 billion, up 28.8% from Rs 2.99 billion in the same period last year.
The company also announced a final dividend of Rs 12.50 per share for FY26.
Piramal Finance Q4 FY26 Results
Shares of Piramal Finance came into focus after the company reported its Q4 FY26 results.
The company's net profit rose sharply by 390% year-on-year to Rs 5.02 bn, compared to Rs 1.02 bn in the same quarter last year, and was also up 25% sequentially.
On the operational front, net interest income (NII) increased 41% year-on-year to Rs 13.62 bn, supported by a 28% rise in interest income to Rs 30.38 bn. However, provisions saw a significant spike, rising to Rs 17.87 bn from Rs 5.31 bn a year ago.
Margins improved during the quarter, with net interest margin (NIM) expanding to 6.5%, up 23 basis points sequentially. The average cost of borrowings also declined to 8.84%, down 29 basis points year-on-year.
AGI Greenpac Q4 FY26 Results
Shares of AGI Greenpac came into focus after the company reported its Q4 FY26 results.
The company's revenue from operations rose 5.3% year-on-year to Rs 7.42 bn, compared to Rs 7.05 bn a year ago, and increased from Rs 6.34 bn in the previous quarter.
EBITDA remained largely flat at Rs 1.53 bn, slightly lower than Rs 1.54 bn reported in the year-ago period.
In Q4 FY26, AGI Greenpac reported a profit after tax (PAT) of Rs 1.15 bn, up 19.4% from Rs 0.97 bn in the same quarter last year. On a sequential basis, PAT jumped 61.5% from Rs 0.71 bn in Q3 FY26.
AGI Greenpac has recommended a final dividend of Rs 7 per share for the financial year ended 31 March 2026. The dividend is subject to shareholder approval at the company's AGM and, if approved, will be paid on or before 29 September 2026.
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