Sensex Today Trades Lower; TCS & Infosys Top Losers

Asian markets traded higher on Tuesday as investors stayed bullish on the AI trade even as the US and Iran failed to reach any peace deal.

US stock market ended slightly higher on Monday, led by AI optimism.

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

Source: Equitymaster

At present, the BSE Sensex is trading 499 points lower, and the NSE Nifty is trading 128 points lower.

SBI, Tata Steel, and M&M are among the top gainers today.

TCS, Infosys, and ICICI Bank, on the other hand, are among the top losers today.

The BSE 150 Midcap index is trading 0.2% lower, and the BSE 250 SmallCap index is trading 0.3% lower.

Barring the oil & gas sector and metal sector, all other sectoral indices are trading negatively today, with stocks in the realty sector and IT sector witnessing selling pressure.

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

Indian Hotels Q4 FY26 Results

Shares of Indian Hotels are in focus today after the company reported itsQ4 FY26 results.

Revenue from operations rose 14% YoY to Rs 28.45 billion (bn), marking the sixteenth consecutive quarter of record performance.

Revenue from the hotel segment, which contributes nearly 90% of total revenue, increased 15% YoY to Rs 25.29 bn, while air catering revenue climbed to Rs 3.18 bn, reflecting a 13% improvement over Q4FY25.

On the operating front, EBITDA stood at Rs 10.52 bn, with an EBITDA margin of 37%, despite the impact of the West Asia conflict. RevPAR grew 12% YoY to Rs 18,800 in Q4, compared to Rs 16,730 reported in the same period last year.

The company reported a consolidated net profit of Rs 6 bn, marking a 15% year-on-year (YoY) increase compared to the same period last year.

Also, the company announced a dividend of Rs 3.25 per equity share for the financial year 2025-2026, subject to shareholder approval.

Bharat Forge Expands Aerospace Manufacturing Footprint Globally

Bharat Forge Ltd. (BFL), a global leader in advanced forging and precision engineering, has announced a long-term agreement with Embraer for the manufacture and supply of critical landing gear forgings. With this partnership, Bharat Forge becomes the first Indian supplier to join Embraer's global aerospace supply chain for forged components.

Under the agreement, Bharat Forge will provide high-integrity forged components for landing gear systems used across Embraer's commercial and defence aircraft programmes. The partnership highlights Bharat Forge's growing presence in the global aerospace supply chain and reinforces its reputation as a reliable supplier of complex, safety-critical components.

The long-term contract reflects the shared focus of both companies on quality, reliability, and sustained collaboration. It also underscores Bharat Forge's capability to manufacture forged products that comply with stringent global aerospace certification standards.

JSW Energy Q4 FY26 Results

Shares of JSW Energy came into focus after the company reported its Q4 FY26 results.

Revenue from operations surged 41.04% YoY to Rs 44.99 bn for the quarter ended 31 March 2026.

Profit before tax, however, declined 47.93% to Rs 1.88 bn in Q4 FY26, against Rs 3.61 bn reported in Q4 FY25.

EBITDA rose 72% YoY to Rs 26.02 bn, supported by contributions from the Mahanadi and O2 Power acquisitions, along with organic capacity additions.

Power sales increased 48% YoY to 11.7 billion units (BUs), compared with 7.9 BUs in the same period last year. Thermal generation also climbed 43% YoY to 8.8 BUs from 6.2 BUs, driven by higher output from the Mahanadi plant and Utkal operations.

JSW Energy reported a 38.36% year-on-year (YoY) increase in consolidated net profit to Rs 5.74 bn in Q4 FY26, compared with Rs 4.15 bn in the corresponding quarter last year.