Indian share markets witnessed negative trading activity throughout the day today and ended lower.

Unfavorable global market cues, weakness in metal stocks, and heavyweight Reliance Industries drove Indian benchmark indices lower today.

At the closing bell, the BSE Sensex stood lower by 271 points (down 0.5%).

Meanwhile, the NSE Nifty closed lower by 102 points (down 0.6%).

Tata Consumer Products and NTPC were among the top gainers today.

Adani Ports and Tata Steel, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,780, down by 74 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended down by 1.1% and 0.8%, respectively.

Sectoral indices ended on a negative note with stocks in the metal sector, energy sector, and realty sector witnessing most of the selling pressure.

FMCG and IT stocks, on the other hand, witnessed buying interest.

Shares of Just Dial and Thyrocare Technologies hit their respective 52-week highs today.

Asian stock markets ended on a negative note today.

The Hang Seng and the Shanghai Composite ended the day down by 0.7% and 1.1%, respectively.

The Nikkei ended down by 0.5% in today's session.

US stock futures are trading on a negative note today with the Dow Futures trading down by 48 points.

The rupee is trading at 73.32 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.2% at Rs 48,505 per 10 grams.

In news from the hotel's sector, Jubilant FoodWorks was among the top buzzing stocks today.

Shares of Jubilant FoodWorks rallied over 5% to hit a record high of Rs 3,331.9 today after the company reported over three-fold jump in its consolidated net profit for the quarter ended March 2021.

Jubilant FoodWorks, which operates fast-food chains Domino's Pizza and Dunkin' Donuts, reported its consolidated net profit at Rs 1.1 bn for the quarter ended March 2021.

The company had posted a net profit of Rs 325.3 m in the same quarter a year ago.

For the financial year ended March 2021, the company's consolidated net profit was down 17.3% to Rs 2.3 bn.

It had a net profit of Rs 2.8 bn in the financial year 2019-20.

Its revenue from operations was at Rs 10.4 bn, up 14.2%, during the quarter under review, against Rs 9.1 bn in the same quarter of the fiscal year 2019-20.

However, the company's revenue from operations in the financial year 2021 was down by 15.7% to Rs 33.1 bn from Rs 39.3 bn posted in the last year.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter ended March 2021 was Rs 2.5 bn against Rs 1.7 bn during the previous year, up 48.2%.

The EBITDA margins came in at 24.1%, an increase of 542 basis points (bps) during the March 2021 quarter.

EBITDA for the financial year 2021 stood at Rs 7.7 bn, down 11.9% from Rs 8.8 bn reported in the last year.

In a statement, the company said, 'This was driven by Domino's like-for-like (LFL) sales growth (adjusted for temporary restaurant closures) of 15.1% and same-store growth (SSG) of 11.8%'.

Domino's witnessed continued momentum in delivery and takeaway channels which grew by 28.7% and 76.9%, respectively.

The board of directors of the company has recommended a dividend of Rs 6 per equity share of the face value of Rs 10 each for the financial year ended March 2021 (amounting to Rs 791.8 m).

Jubilant FoodWork's share price ended the day up by 1.7% on the BSE.

Speaking of Jubilant FoodWorks, have a look at the chart below to see how the company has performed over the past one year:

In the past year, shares of the company have gained 92.7%. How the stock of Jubilant FoodWorks performs in the coming months remains to be seen.

Moving on to news from the IT sector...

Larsen & Toubro Infotech to Acquire Cuelogic for US$ 8.4 m

Shares of Larsen & Toubro Infotech (LTI) gained 2.2% on the BSE today after the company announced the acquisition of Cuelogic Technologies Private Limited, a Pune-based digital engineering company.

According to the terms of the deal, the cost of acquisition for 100% share capital of Cuelogic is US$ 8.4 m on a cash-free, debt-free basis excluding working capital adjustments and will be paid as a combination of upfront consideration, retention bonus, and performance-based earn-outs.

This acquisition will help in enhancing LTI's digital engineering practice by combining Cuelogic's people, tools, methodologies, training methodologies, and onboarding structure along with its strong leadership team to support practice development, sales, and delivery.

Meanwhile, on Tuesday, LTI entered into a strategic collaboration agreement with Amazon Web Services.

Its dedicated cloud unit for AWS will focus on migration and modernization, SAP application workloads, data analytics, and Internet of things (IoT) complemented by LTI's advisory, professional services, and delivery capabilities.

LTI is a global technology consulting and digital solutions company, with operations in 31 countries, and provides digital transformation by enabling mobile, social, analytics, IoT, and cloud journeys.

How this pans out remains to be seen. Meanwhile, we will keep you updated on the latest news from this space.

Larsen & Toubro Infotech's share price ended the day up by 1% on the BSE.