Sensex Today Trades Lower; Nifty Below 23,150

Asian markets traded lower on Thursday after the latest attacks by the US on Iran sent crude oil prices higher, denting investor sentiment.

US stock market ended sharply lower on Wednesday, as renewed tensions between the US and Iran added to investor uncertainty, while chipmaker shares extended recent declines.

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

Source: Equitymaster

At present, the BSE Sensex is trading 386 points lower, and the NSE Nifty is trading 108 points lower.

Sun Pharma, ICICI Bank, and Bharti Airtel are among the top gainers today.

HCL Tech, Infosys, and Eternal, on the other hand, are among the top losers today.

The BSE 150 Midcap index is trading 0.6% lower, and the BSE 250 SmallCap index is trading 0.7% lower.

Baring hospital sector, all other sectoral indices are trading negatively today, with stocks in the auto sector and IT sector witnessing selling pressure.

The rupee is trading at Rs 95.5 against the US dollar.

Lenskart Acquires Full Ownership of Quantduo

Lenskart Solutions has acquired the remaining stake in Quantduo Technologies (GeoIQ), taking its ownership from 92.35% to 100%.

The company recently bought an additional 3% stake, after acquiring another 4.65% stake in March 2026. Together, Lenskart paid Rs 3.67 crore for the remaining 7.65% shareholding.

With this acquisition, GeoIQ has become a wholly-owned subsidiary of Lenskart.

GeoIQ provides advanced analytics solutions and reported a turnover of Rs 10.02 crore in FY26.

Lenskart is a technology-driven eyewear company that designs, manufactures, and sells eyeglasses, sunglasses, contact lenses, and related products.

Zee Entertainment Eyes Major Expansion Funding

Zee Entertainment has announced plans to raise Rs 23 billion to support its growth and future business initiatives. The company has not yet decided on the method of fundraising, and its board will discuss the available options.

The move comes shortly after Zee secured the broadcasting rights for the 2026 FIFA World Cup in India. The agreement with FIFA covers 39 tournaments over the next eight years, including the 2030 FIFA World Cup, further strengthening Zee's presence in sports broadcasting.

In recent years, Zee has been expanding beyond its traditional television business. The company has launched dedicated sports channels and invested in new ventures such as the micro-drama app Bullet and visual effects studio PhantomFX. The proposed fundraise is expected to support these expansion plans and help Zee grow its presence across entertainment, sports, and digital media.

PPAP Partners with Hutchinson for Technology

PPAP Automotive has entered a partnership with HUTCHINSON to manufacture, market, and sell advanced automotive body sealing systems in India.

Under the agreement, effective from 1 April 2026, PPAP has received an exclusive license to use HUTCHINSON's technology, designs, and technical know-how for these products in the Indian market. HUTCHINSON will support PPAP with engineering expertise, product design assistance, process development, and other technical services to help develop and commercialize these solutions.

In return, PPAP will pay fees for technology transfer and technical support, along with royalties for using HUTCHINSON's intellectual property, designs, and know-how, as per the terms of the agreement.

The partnership is expected to strengthen PPAP's product offerings by giving it access to global technology and expertise in automotive sealing solutions.