Although the benchmark indices opened lower, they traded positively throughout the session and ultimately closed green.
Indian equity benchmarks, Sensex and Nifty50, ended higher for the third day in a row after reports said that the US and Iran received a plan to end hostilities.
At the closing bell, the BSE Sensex closed higher by 787 points (up 1.1%)
Meanwhile, the NSE Nifty closed 255 points higher (up 1.1%)
Trent, HDFC Bank, and NTPC are among the top gainers today.
Reliance Industries, Sun Pharma, and HCL Tech, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 23,050, higher by 345 points at the time of writing.
The BSE 150 Midcap index is trading 1.2% higher, and the SE 250 SmallCap index is trading 1.1% higher.
Barring the oil & gas sector, all other sectoral indices are trading positively today, with stocks in the banking sector and realty sector witnessing buying.
The rupee is trading at Rs 93.0 against the US$.
Gold prices for the latest contract on MCX are trading 1% higher at Rs 1,51,175 per gram.
Meanwhile, silver prices were trading 0.9% higher at 2,34,662 per 1 kg.
Three reasons why Indian share markets are rising:
#1 Ceasefire Hopes Lift Sentiment
News about possible talks between Iran and the United States improved market mood. Reports suggested tensions may ease and key oil routes like the Strait of Hormuz could reopen. Even without confirmation, this possibility reduced investor fears and supported markets.
#2 Oil prices Cool Off
Crude oil prices fell slightly after earlier gains, with Brent and WTI both trading lower. This is positive for India, which depends heavily on oil imports. Lower oil prices help control inflation and improve overall market confidence.
#3 Broad-Based Buying Across Sectors
Many sectors saw buying interest, with stocks like Trent Ltd, Titan Company, and Axis Bank gaining well. Banking, financial, and infrastructure stocks performed strongly, though Reliance Industries declined and limited gains. Overall sentiment stayed positive, but high volatility and continued foreign investor selling remain concerns.
RBL Bank Q4 FY26 Results
Shares of RBL Bank came into focus after the bank reported its Q4 FY26 results.
Total deposits increasing 25% year-on-year to Rs 1,390.37 billion (bn), alongside a strong 16% sequential rise from Rs 1,197.21 bn. Deposits below Rs 3 crore stood at Rs 639.43 bn, reflecting steady growth of 16% YoY and 4% quarter-on-quarter.
On the asset side, gross advances expanded 22% YoY to Rs 1,154.88 bn, supported by robust traction in secured retail lending, which grew 36% YoY and 17% QoQ. Within the wholesale segment, commercial banking advances recorded a 29% YoY and 9% QoQ increase, resulting in a retail-to-wholesale mix of 59:41.
The bank's CASA deposits rose 23% YoY to Rs 467.23 bn, with the CASA ratio at 33.6%, indicating a stable funding profile. Overall, total business crossed Rs 2,500 bn by the end of the financial year, marking a 24% YoY increase.
Emami Expands into Beverages Via Axiom Acquisition
Emami Limited has signed an agreement on 1 April 2026, to acquire the remaining 73.5% stake in Axiom Ayurveda Pvt. Ltd., subject to standard closing conditions. The total deal value is capped at Rs 2 bn.
As part of the first phase, Emami has already acquired an additional 36.7% stake, increasing its total holding from about 26.5%. The full acquisition will be completed gradually over the next three months, in line with regulatory requirements.
Axiom offers products such as beverages under "AloFrut," health juices under "Axiom Jeevan Ras," and beauty products under "Mukti Gold." The company is profitable and is expected to generate revenue of around Rs 1.8 bn in FY26.
According to Harsha Vardhan Agarwal, Vice Chairman & MD, Emami Ltd said that the company is focusing on expanding into fast-growing health and wellness categories.
This acquisition will help the company enter the beverage segment and strengthen its presence in new, high-growth areas while supporting its overall future growth strategy.
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