Although the benchmark indices opened lower, they traded negatively throughout the session and ultimately closed red.
Indian equity benchmarks, Sensex and Nifty50, closed lower on Thursday, as a sharp sell-off in Information Technology (IT) heavyweights dragged the benchmark indices into the red.
At the closing bell, the BSE Sensex closed lower by 559 points (down 0.6%).
Meanwhile, the NSE Nifty closed 146 points lower (down 0.6%).
Bajaj Finance, ICICI Bank, and Trent are among the top gainers today
TCS, Infosys, Tech Mahindra on the hand, were among the top losers today.
The GIFT Nifty was trading at 25,851, lower by 121 points at the time of writing.
The BSE MidCap index ended 3.9% higher, and the BSE SmallCap index ended 5.4% higher.
Sectoral indices are trading mixed today, with stocks in the finance sector and the telecommunication sector witnessing buying. Meanwhile, stocks in the IT sector and the oil & gas sector witnessed selling pressure.
The rupee is trading at Rs 90 against the US$.
Gold prices for the latest contract on MCX are trading 0.5% lower at Rs 157,941 per grams.
Meanwhile, silver prices were trading 1% lower at 2,60,444 per 1 kg.
Technocraft Industries Q3 FY26 Results
In the news from the metal sector, shares of Technocarft Industries came into focus after the company reported its Q3 FY26 results.
Revenue grew modestly by 2.8% year-on-year to Rs 6.62 billion from Rs 6.44 bn.
The consolidated net profit rose 31% year-on-year to Rs 0.53 bn from Rs 0.41 bn in the same quarter last year.
Technocraft Industries, founded in 1992, operates in five main business areas: Drum Closures, Scaffolding Systems, Cotton Yarn, Fabric & Garments, and Engineering Services. The company has manufacturing facilities in both India and China.
Amara Raja Energy Q3 FY26 Results
Moving on to the news from the auto sector, shares of Amara Raja Energy came into focus after the company reported its Q3 FY26 results.
Revenue from operations, however, rose 4.2% year-on-year to Rs 34.10 bn from Rs 32.72 bn in Q3FY25.
On the operational side EBITDA declined 7.7% to Rs 3.74 bn from Rs 4.05 bn a year ago. EBITDA margin contracted to 11% from 12.4%.
Total expenses increased to Rs 32.03 bn from Rs 30.10 bn in the corresponding quarter of the previous fiscal.
The company's net profit fell 53% year-on-year to Rs 1.40 bn from Rs 2.98 bn in the same quarter last year.
Yatra Online Q3 FY26 Results
Moving on to the news from the services sector, shares of Yatra Online came into focus after the company reported its Q3 FY26 results.
The company's revenue from operations rose 9% year-on-year to Rs 2.6 bn from Rs 2.35 bn in the previous year.
Adjusted EBIDTA stood at Rs 0.23 bn, up from Rs 0.18 bn a year ago.
EBITDA margin improved to 19% from 17% in the corresponding quarter.
In the December quarter, Yatra Online reported a 17% decline in consolidated net profit to Rs 0.083 bn, compared to Rs 0.10 bn in the same quarter last year.
Jupiter Wagons Q3 FY26 Results
Moving on to the news from engineering sector, shares of Jupiter Wagons came into focus after the company reported its Q3 FY26 results.
Revenue from operations declined 13.5% to Rs 8.90 bn from Rs 10.30 bn a year ago.
On a consolidated basis, the company's EBITDA rose 11% quarter-on-quarter to Rs 1.15 bn, with an EBITDA margin of 13%.
The order book as of December 31, 2025, stood at Rs 50.41 bn.
Jupiter Wagons reported a 35% drop in net profit to Rs 0.63 bn for the quarter ending December 2025, compared with Rs 0.97 bn in the same period last year.
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