Asian markets traded mixed on Thursday, following overnight rally on Wall Street.
US stock market ended higher on Wednesday, with the S&P 500 and the Nasdaq surging to record-high closes, buoyed by signs of a resolution in the Middle East conflict and a rally in AI-related stocks.
Here's a table showing how US stocks performed on Wednesday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 395.07 | 10.76 | 2.80% | 396.38 | 387.10 | 396.38 | 149.49 |
Apple | 287.46 | 3.28 | 1.16% | 288.03 | 281.07 | 288.61 | 193.25 |
Meta | 612.88 | 7.92 | 1.31% | 619.95 | 598.10 | 796.25 | 520.26 |
Tesla | 398.53 | 9.23 | 2.37% | 401.68 | 384.02 | 498.82 | 271.01 |
Netflix | 88.27 | 0.38 | 0.43% | 88.55 | 86.72 | 134.12 | 75.01 |
Amazon | 274.95 | 1.43 | 0.52% | 277.80 | 272.21 | 278.56 | 185.01 |
Microsoft | 413.87 | 2.52 | 0.61% | 418.42 | 405.11 | 555.45 | 356.28 |
Dow Jones | 49910.59 | 612.34 | 1.24% | 50011.53 | 49442.19 | 50512.79 | 40829.29 |
Nasdaq | 28599.17 | 584.11 | 2.08% | 28608.68 | 28208.23 | 28608.68 | 19605.07 |
Source: Equitymaster
At present, the BSE Sensex is trading 91 points higher, and the NSE Nifty is trading 44 points higher.
Eternal, Tata Steel, and ICICI Bank are among the top gainers today.
TCS, HUL, and Tech Mahindra, on the other hand, are among the top losers today.
The BSE 150 Midcap index is trading 0.5% higher, and the BSE 250 SmallCap index is trading 0.6% higher.
Sectoral indices are trading mixed today, with stocks in the power sector and the auto sector witnessing buying. Meanwhile, stocks in the oil & gas sector and the IT sector witnessed selling pressure.
The rupee is trading at Rs 94.7 against the US dollar.
PB Fintech Q4 FY26 Results
Shares of PB Fintech are in focus today after the company reported itsQ4 FY26 results.
PB Fintech reported a 54% year-on-year rise in net profit to Rs 2.6 billion (bn) for the March quarter of FY26, driven by strong growth in new health and life insurance policies.
The company's revenue from operations increased 37% YoY to Rs 20.6 bn in Q4FY26, compared to Rs 15.1 bn in the same quarter last year.
PB Fintech's total insurance premium stood at Rs 92.2 bn during the quarter. New core online insurance premiums grew 44%, while new protection premiums, including health and term insurance, surged 67%.
For the full year FY26, total insurance premium rose 42% YoY to Rs 299.3 bn, led by a 57% increase in new protection premiums.
Meanwhile, the company's lending business under Paisabazaar remained mixed, although the core online segment showed early signs of recovery.
Shree Cement Q4 FY26 Results
Shares of Shree Cement came into focus after the company reported its Q 4FY26 results.
Revenue from operations surged to Rs 61.01 bn, compared to Rs 55.32 bn in Q4 FY25.
EBITDA stood lower at Rs 13.84 bn in Q4 FY26, compared to Rs 14.29 bn in the same period last year.
The company reported a net profit of Rs 5.28 bn in Q4 FY26, compared to Rs 2.68 bn in the same period last year.
Total cement sale volume grew by 11% year-on-year, from 9.52 million tonnes to 10.56 million tonnes, while registering 24.5% growth on quarter-on-quarter.
Also, the company's board of directors have recommended a final dividend of Rs 70 per share, subject to approval of shareholders.
Zaggle Wins 3-Year Supreme Industries Contract
Zaggle Prepaid Ocean Services Limited has signed a 3-year agreement with Supreme Industries.
Under this partnership, Zaggle will provide its "Zaggle Propel" rewards and recognition platform to Supreme Industries to help manage channel partner incentives and engagement programs.
The agreement has been signed with a domestic company and focuses on reward and recognition solutions.
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