Sensex Today Trades Lower; Nifty Below 22,850

Asian markets traded higher on Tuesday, following overnight gains on Wall Street, as investors continued to assess developments over the US-Iran war.

US stock market ended higher on Monday as investors looked for signs of progress toward the US-Iran ceasefire deal.

Here's a table showing how US stocks performed on Monday:

Source: Equitymaster

At present, the BSE Sensex is trading 391 points lower, and the NSE Nifty is trading 121 points lower.

HCL Tech, Bajaj Finance, and TCS are among the top gainers today.

M&M, SBI, and Asian Paints, on the other hand, are among the top losers today.

The BSE 150 Midcap index is trading 0.4% lower, and the BSE 250 SmallCap index is trading 0.1% higher.

Sectoral indices are trading mixed today, with stocks in the auto sector and the services sector witnessing selling pressure. Meanwhile, stocks in the metal sector and real estate sector witnessed buying.

The rupee is trading at Rs 93.0 against the US dollar.

PC Jeweller Delivers Strong Revenue Growth Surge

PC Jeweller Limited reported strong performance in Q4 FY2026, with revenue growing about 32% compared to last year. Overall, FY2026 was a great year, with total revenue up around 49%, showing that the company's turnaround is working.

During the quarter, the company signed an agreement with the National Skill Development Corporation (under the Government of India). The goal is to create up to 2 lakh small entrepreneurs over the next 5 years under the PC Jeweller brand. This will help the company expand its retail presence while also creating jobs and business opportunities across India.

On the financial side, the company is working towards becoming debt-free soon. It reduced its bank debt by about 23% during the quarter and has already repaid most of what it owed under its settlement agreement.

The company is also exploring mining by setting up a new subsidiary in Chad. This could help it control more of its supply chain in the future.

Looking ahead, the company expects strong demand from the wedding season and festivals like Akshaya Tritiya. It plans to open more stores, strengthen its finances, and continue growing steadily.

Fino Payments Bank Q4 Performance

Fino Payments Bank Limited reported its Q4 FY26 performance with steady progress in key areas. The bank added around 7 lakh new accounts during the quarter, taking its total customer base to about 1.75 crore. It also recorded its highest-ever renewal income of Rs 0.62 billion (bn), while deposits reached a record high of over Rs 29.50 bn in March.

The loan referral business grew strongly, rising 96% over the previous quarter, with disbursements of around Rs 6 bn, showing increasing credit demand.

However, transaction and digital payment businesses declined 30% & 25%, due to weaker activity earlier in the quarter and a cautious approach, though recovery began in March and is expected to continue.

Overall, the bank is focused on strengthening deposits, improving business quality, and preparing for its transition into a Small Finance Bank with a stable growth strategy.

Shyam Metalics and Energy Q4 Performance

Shyam Metalics and Energy Limited reported mixed performance in Q4 on a quarter-on-quarter basis.

Its stainless steel business performed well, with sales volume rising about 22% and prices also increasing nearly 5%, indicating strong demand and better realizations.

On the other hand, pellet sales volumes remained almost flat with a slight decline, but prices improved by around 4%, helping support overall revenue.

Overall, the company saw strength in pricing across segments, even though volume growth was uneven.