Sensex Today Tanks 508 Points; Nifty Below 23,400

Although the benchmark indices opened higher, they traded negatively throughout the session and ultimately closed red.

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Source: DepositPhotos

Although the benchmark indices opened higher, they traded negatively throughout the session and ultimately closed red.

Indian equity benchmarks, Sensex and Nifty50, ended sharply lower as FMCG and PSU Bank stocks tumbled, while traders assessed the possibility of a peace deal between the US and Iran.

At the closing bell, the BSE Sensex  closed 508 points lower (down 0.6%)

Meanwhile, the NSE Nifty closed 165 points lower (down 0.7%)

Infosys, Tech Mahindra, and TCS were the top gainers today.

HUL, ITC, and NTPC, on the other hand, were among the top losers today.

The GIFT Nifty was trading at 23,420 with 270 points lower at the time of writing.

The BSE 150 Midcap index is trading 2.6% lower, and the BSE 250 SmallCap index is trading 1.5% lower.

Sectoral indices were trading mixed today, with the banking sector and power sector witnessing selling pressure. Meanwhile, stocks in the IT sector and the metal sector witness buying.

The rupee is trading at Rs 94.9 against the US$.

Gold prices for the latest contract on MCX are trading 0.9% lower at Rs 1,59,391 per 10 grams.

Meanwhile, silver prices were trading 0.1% higher at 2,67,150 per 1 kg.

Tilaknagar Industries Q4 FY26 Results

Shares of Tilaknagar Industries came into focus after the company reported its Q4 FY26 results.

Tilaknagar Industries reported a net loss of Rs 0.15 bn in Q4 FY26, compared with a net profit of Rs 0.77 bn in the corresponding quarter of the previous year. The quarterly bottom line was impacted by the adjustment of a deferred cost.

Despite the loss, the company's revenue more than doubled to Rs 9.50 bn in the March 2026 quarter from Rs 3.84 bn in the March 2025 quarter.

EBITDA for Q4 FY26 increased 97.1% year-on-year to Rs 1.55 bn, compared with Rs 0.78 bn in Q4 FY25. The EBITDA margin stood at 16.3% during the quarter.

For the full year FY26, Tilaknagar Industries' net profit declined 90% to Rs 0.21 bn, from Rs 2.30 bn in FY25. However, net sales rose 70% to Rs 23.46 bn in FY26, compared with Rs 13.81 bn in the previous fiscal year.

PTC Industries Q4 FY26 Results

Shares of PTC Industries came into focus after the company reported its Q4 FY26 results.

PTC Industries reported a strong performance in the March 2026 quarter, with consolidated net profit surging 143% year-on-year to Rs 0.60 bn, compared with Rs 0.25 bn in the corresponding quarter last year.

Revenue from operations increased 85% YoY to Rs 2.25 bn, up from Rs 1.22 bn in Q4 FY25, reflecting robust business growth.

Total income for the quarter rose to Rs 2.37 bn, compared with Rs 1.34 bn a year earlier. Meanwhile, total expenses increased to Rs 1.65 bn from Rs 1.02 bn, in line with the company's expanding scale of operations.

PTC Industries is a precision engineering and advanced manufacturing company that specializes in producing complex, high-integrity castings and forgings for critical applications across the aerospace, defence, energy, and industrial sectors.

Asian Paints Q4 FY26 Results

Shares of Asian Paints came into focus after the company reported its Q4 FY26 results.

Asian Paints reported a strong performance in the March quarter of FY26, with consolidated net profit rising 69.2% year-on-year to Rs 11.85 bn, compared with Rs 7.01 bn in the corresponding quarter last year.

Revenue from sales increased 10.8% YoY to Rs 92.28 bn, up from Rs 83.30 bn in the March quarter of FY25.

The company's consolidated EBITDA grew 24.4% YoY to Rs 17.87 bn, while EBITDA margin expanded by 214 basis points to 19.3%, reflecting improved operating profitability during the quarter.

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