Sensex Today Ends 516 Points Lower; Nifty Below 24,200

After opening the day lower, Indian market dragged further as the session progressed and ended the 0.6% lower.

The Indian stock market extended losses for the second consecutive session amid fresh escalations in the war between Iran and US.

At the closing bell, the BSE Sensex  closed lower by 516 points (down 0.6%).

Meanwhile, the NSE Nifty closed 150 points lower (down 0.6%).

Titan, Asian Paints and Apollo Hospital among the top gainers today.

SBI, Coal India and Axis Bank on the other hand, were among the top losers today.

The GIFT Nifty was trading at 24,223 down by 175 points at the time of writing.

The BSE 150 Midcap index ended marginally lower and the BSE 250 Smallcap index ended 0.1% higher

Sectoral indices were trading mixed today with stocks in power sector and banking sector witnessing selling pressure. Meanwhile stocks in IT and consumer durables sector witnessed Buying speer.

The rupee is trading at 94.44 against the US$.

Gold prices for the latest contract on MCX are trading 0.3% higher at Rs 152,708 per 10 grams.

Meanwhile, silver prices were trading 1.1% higher at Rs 261,525 per 1 kg.

Why Firstsource Solutions Jumped Over 18% Today?

Shares of Firstsource Solutions surged over 18% after the company reported strong results for the March 2026 quarter and FY26.

In the March 2026 quarter, revenue rose 19.5% YoY to Rs 25,835 million (m). Growth remained healthy due to improved operational efficiency and disciplined cost control.

Its EBIT increased 29.8% YoY to Rs 3,143 million, while EBIT margin expanded to 12.2%. Further, the net profit for the quarter grew 27.7% YoY to Rs 2,052 m.

Also, for the full year, the company reported strong numbers.

For FY26, the company's revenue increased 19.7% YoY to Rs 95,564 million. EBIT rose 27.4% YoY to Rs 11,221 million for the year.

Meanwhile, the net profit for the year came in at Rs 7,543 m, up 26.9% YoY.

Firstsource Solutions has guided for healthy growth in FY27, which could continue supporting investor sentiment going forward.

For FY27, the company expects revenue growth of 10% to 13% in constant currency terms. It also expects EBIT margin to remain in the 12.25% to 12.75% range, reflecting continued focus on profitability and operational efficiency.

Healthcare Stocks Shine

Moving on to the healthcare space, shares of leading diagnostics and healthcare service providers such as Metropolis Healthcare, Thyrocare Technologies, Dr Lal PathLabs, and Vijaya Diagnostic Centre were in strong demand today, rallying up to 14% intraday on the BSE.

Among individual movers, Metropolis Healthcare touched a 52-week high of Rs 574.45, gaining 14% during intraday trade on the back of strong volumes.

Meanwhile, Thyrocare Technologies surged 12% to Rs 526.10, supported by heavy trading activity. A total of 10.23 million shares changed hands across the NSE and BSE. The stock also traded close to its 52-week high of Rs 537.43, last seen on November 17, 2025.

Why Titan Shares are Rising

Shares of Titan Company, the Tata Group's fashion and lifestyle accessories company, surged over 6% to hit a 52-week high of Rs 4,585 on the National Stock Exchange (NSE) after the company reported strong March 2026 quarter (Q4FY26) results.

For the quarter, Titan's consolidated total income jumped 46% year-on-year to Rs 203 bn, compared to Rs 138.9 bn in the same period last year. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 28% to Rs 18.8 bn versus Rs 14.7 bn, although EBITDA margin declined by 135 basis points to 9.2% from 10.6%.

Profit after tax (PAT) came in at Rs 11.8 bn in Q4FY26, marking a 35% increase from Rs 8.7 bn in the corresponding quarter of the previous fiscal.

For the full financial year FY26, Titan reported total income of Rs 760.8 bn, up 38% year-on-year, while PAT surged 52% to Rs 50.7 bn.

The company's jewellery segment recorded strong growth, rising 50% to Rs 181.9 bn (excluding bullion and digi-gold sales), reflecting steady consumer demand despite elevated gold prices.

Looking ahead to FY27, he said the company remains optimistic after a strong FY26, but is mindful of macroeconomic volatility and geopolitical uncertainties.