Although the benchmark indices opened lower, they traded positively throughout the session and ultimately closed green.
Indian equity benchmarks, Sensex and Nifty50, extended their gaining streak to the fourth session.
At the closing bell, the BSE Sensex closed higher by 510 points (up 0.6%)
Meanwhile, the NSE Nifty closed 155 points higher (up 0.7%)
TCS, Infosys, and HUL are among the top gainers today.
SBI, M&M, and Titan Company, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 23,175, higher by 174 points at the time of writing.
The BSE 150 Midcap index is trading 0.03% higher, and the SE 250 SmallCap index is trading 1% higher.
Sectoral indices are trading mixed today, with stocks in the metal sector and the realty sector witnessing buying. Meanwhile, stocks in the services sector and consumer durable sector witnessed selling pressure.
The rupee is trading at Rs 92.9 against the US$.
Gold prices for the latest contract on MCX are trading 0.2% higher at Rs 1,50,331 per grams.
Meanwhile, silver prices were trading 0.2% lower at 2,32,884 per 1 kg.
CreditAccess Grameen Q4 FY26 Results
Shares of CreditAccess Grameen came into focus after the microfinance lender reported robust growth driven by increased disbursements, branch expansion, and an enhancement in asset quality for FY26.
The company's total loans (GLP) grew by 14% compared to last year and 11% compared to the previous quarter, reaching Rs 295.9 billion (bn) Last year, it was Rs 259.4 bn, and in the previous quarter, it was Rs 265.6 bn.
In the fourth quarter, the company gave out loans worth Rs 83.13 bn, which is 28% higher than last year. For the full financial year (FY26), total loan disbursements increased by 24% to Rs 248.6 bn.
The company's mobile app, Mahi, added 840,000 users during the year and now makes up a large part of its total 1.12 million users.
The company has also been recognised as a Great Place to Work for the period February 2026 to February 2027, showing its focus on employee satisfaction and a positive work environment.
Gallantt Ispat Q4 FY26 Results
Shares of Gallantt Ispat came into focus after the company reported its Q4 FY26 results.
Gallantt Ispat's power generation increased by 14% in the fourth quarter (Q4 FY26) to 223,789 units, compared to 196,431 units last year. For the full year, power generation rose by 6% to 854,292 units.
Pellet production saw the highest growth. It jumped 59% in Q4 to 221,612 MT from 139,697 MT last year. For the full year, it increased by 37% to 818,865 MT.
Sponge iron production also grew strongly. It rose 38% in Q4 to 244,555 MT, compared to 177,072 MT last year. For the full year, it increased by 21% to 914,749 MT.
Billet production went up by 9% in Q4 to 235,212 MT, and M.S. bar production also increased by 9% to 210,243 MT. For the full year, both billet and M.S. bar production grew by 3%, reaching 883,400 MT and 787,593 MT respectively.
On the sales side, billet sales increased by 30% in Q4 to 19,377 MT, and by 18% for the full year to 81,237 MT. M.S. bar sales rose 8% in Q4 to 207,563 MT and grew 2% for the full year to 765,815 MT.
PDS Wins Major US Sourcing Deal
PDS Limited, a global fashion sourcing company, has signed a "Sourcing as a Service" (SaaS) deal with a major value retailer in the United States.
Under this deal, PDS will help the retailer with end-to-end sourcing, including managing suppliers, ensuring compliance, and handling the supply chain using its global network.
The US retailer sells everyday products like groceries, clothing, home items, and seasonal goods at affordable prices to customers across both cities and rural areas.
This contract is expected to generate sourcing business of about ?450 crore (around $50 million), with scope of growing further over time.
The work will be handled by PDS's subsidiary, GSCL, led by Michael Yee. He has been working with PDS over the past year and is leading efforts to grow the company's business in the US. This deal is an important step in expanding PDS's presence in the US market and strengthening its customer relationships there.
Comments
Log in or sign up to join the conversation.