After opening the day lower, the benchmark indices continued their upward momentum and ended the session in the green.

Indian equity market indices, Sensex and Nifty, ended at a solid recovery, led by IT and Pharma stocks.

At the closing bell, the BSE Sensex closed higher by 79 points (up 0.1%).

Meanwhile, the NSE Nifty closed 21 points higher (up 0.1%).

Tech Mahindra, HCL Tech, and Eternal are among the top gainers today.

Adani Port, Trent, and Tata Motors, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,69,5, higher by 65 points at the time of writing.

The BSE MidCap index ended 0.3% higher, and the BSE SmallCap index ended 0.2% lower.

Sectoral indices are trading mixed today, with stocks in the oil & gas sector and the IT sector witnessing selling pressure. Meanwhile, stocks in the auto sector and the power sector witnessed buying.

The rupee is trading at Rs 87.7 against the US$.

Gold prices for the latest contract on MCX are trading 0.2% higher at Rs 101,469 per 10 grams.

Meanwhile, silver prices were trading 1.2% higher at Rs 115,030 per 1 kg.
 

PVR Inox Q1 Loss Narrows

In the news from the entertainment sector, shares of PVR Inox jumped 5% after the company reported its Q1 FY26 results.

PVR Inox reported first-quarter revenue growth of 23% YoY. In Q1FY26, the multiplex operator reported revenue of Rs 14.7 billion (bn), compared to Rs 11.9 bn in the same quarter of the previous fiscal year.

During the quarter, PVR Inox's EBITDA grew by 53.3%. In Q1FY26, the company reported an EBITDA of Rs 4.3 bn, compared to Rs 2.8 bn in Q1FY25.

During the quarter, PVR Inox's post-pandemic advertising revenue was the highest. At Rs 1.1 bn, the company's ad revenue increased 17% year over year.

Additionally, the company's Food and Beverage per capita hit a record high of Rs 148. Spending on food and drink increased by 17% year over year during the quarter.

PVR Inox's Q1 FY26 loss narrowed 69.7% to Rs 0.6 bn from Rs 1.8 bn in Q1 FY25.
 

IRCON's Q1 Profit Revenue Takes Hit

Moving on to the news from the construction sector, shares of Ircon International tank 5% after the company reported its Q1 results.

Operational revenue for the April-June 2025 quarter was Rs 17.7 bn, a 21.9% decrease from Rs 22.8 bn during the same time last year.

Additionally, total income decreased from Rs 23.8 bn to Rs 18.9 bn in the previous year.

While margins stayed mostly stable at 11.2% compared to 11% a year ago, operating profit (EBITDA) decreased 20% YoY to Rs 2 bn.

IRCON's order book remains strong at Rs 209.7 bn, with Rs 157.2 bn from railways, Rs 42.3 bn from highways, and Rs 10.2 bn from other sectors.

IRCON International's Q1 FY26 profit fell 26.5% to Rs 1.6 bn due to a decline in overall income.

IRCON is poised to benefit from initiatives like Smart Cities Mission and NaMo Bharat, which will boost urban mobility and infrastructure opportunities.
 

Blue Star's Q1 Results Show Upswing

Moving on to the news from the consumer durable sector, shares of Blue Star surged 4% after the company reported its Q1 FY26 results.

Revenue grew 4.1% to Rs 29.8 bn.

The company's EBITDA fell by 16% to Rs 2 bn for the quarter, compared to the same period last year.

EBITDA margin narrowed by 160 basis points to 6.7% from 8.3% last year.

Unseasonal rains and a weak summer hurt the company's Room Air Conditioner sales, but its B2B business performed well, offsetting the losses.

Blue Star's Engineering, Mechanical & Plumbing (EMP) business grew 35.9% to Rs 14.1 bn, driven by strong demand from factories, data centres, and healthcare sectors, with a healthy order pipeline ahead.

The Unitary Cooling Products (UCP) business revenue fell 13.3% to Rs 14.9 bn, but Blue Star gained market share and remains optimistic about the segment.

Blue Star's net profit fell 28.4% to Rs 1.2 bn in Q1 due to weak summer and early monsoon impacting its room AC business.

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