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Markets declined over 1% with Nifty slipping below 24,200 and Sensex near 76,600, led by a sharp fall in Infosys which dropped 5% to a 52-week low of ₹1,176.40. Despite strong Q4 earnings, weak FY27 guidance and IT sector concerns weighed heavily. Adding to the pressure, the rupee weakened to 94.25 amid FII outflows, crude volatility, and geopolitical tensions.

24 Apr 2026|12:37 PM

Markets ended in the red on April 23, 2026, as Nifty fell 205 points to 24,173.05. Pharma stocks rallied strongly, led by Dr. Reddy’s (+8.87%) and Cipla (~6%), while losses in banking, NBFCs, and IT weighed on sentiment. Jio Financial gained 4% on Allianz partnership, while Union Bank dropped 8% after weak Q4 results.

23 Apr 2026|04:02 PM

Union Bank of India reported stable Q4 FY26 and full-year results with improved profitability and asset quality. However, shares declined 6.6% as investors reacted to rising provisions, stagnant revenue growth, and pressure on core income.

23 Apr 2026|01:27 PM

Websol Energy System surged to its 10% upper circuit for the second straight session after ace investor Vijay Kedia bought a 1.02% stake in Q4 FY26, triggering strong retail interest and momentum buying.

23 Apr 2026|12:13 PM

Jio Financial Services stock gained over 3% after confirming a strategic partnership with Allianz Group to launch a joint venture in India’s insurance sector, focusing on accessibility, innovation, and financial inclusion.

23 Apr 2026|11:20 AM

Pharma stocks are witnessing strong momentum, led by Dr. Reddy's Laboratories with a sharp 7% gain. As NIFTY Pharma climbs 2.33%, the rally reflects sector-wide institutional buying driven by rupee weakness and a shift toward defensive plays amid broader market weakness.

23 Apr 2026|10:41 AM

Indian markets closed in the red as IT stocks dragged benchmarks lower and FII outflows pressured sentiment. However, FMCG, defence, sugar, and energy stocks saw selective buying, while the rupee weakened to 93.8 against the US dollar amid broader risk-off sentiment.

22 Apr 2026|04:03 PM

Amara Raja Energy & Mobility jumped over 14% as investors reacted to its ambitious EV plans, including lithium-ion cell production, a Telangana gigafactory, and a ₹9,500 crore long-term investment strategy.

22 Apr 2026|02:52 PM

Tech Mahindra posted a margin-driven earnings beat with strong profit growth and improved EBITDA margins, but muted constant currency revenue growth and weak demand in the Americas led to a negative market reaction despite a higher dividend announcement.

22 Apr 2026|02:21 PM

Indian drone and defence stocks jumped sharply, led by Paras Defence, ideaForge, and Zen Technologies, as global tensions and increased military drone adoption boosted investor sentiment in the sector.

22 Apr 2026|01:57 PM