
Indian equity markets ended the April 16 session with marginal losses amid volatility, as intraday profit booking offset a gap-up opening. While Sensex and Nifty closed slightly lower, broader market breadth remained strong. The report covers key gainers and losers, technical levels for Nifty and Bank Nifty, currency movement, and HDFC Bank earnings expectations.
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Revenue from operations for the quarter slipped 2.7% year on year to ₹34,075.8 crore, down from ₹35,031.2 crore recorded in the year ago period

Earnings before interest, tax, depreciation, and amortisation more than doubled to ₹208.5 crore in Q3 FY26 from ₹103 crore reported a year earlier.

Earnings before interest, tax, depreciation and amortisation rose 18% year on year to ₹292.5 crore, up from ₹247.7 crore reported in Q3 of the previous financial year.

The company posted a net profit of ₹323.8 crore for the quarter ended December 2025

On a sequential basis, revenue grew 10.2% from ₹4,292.34 crore, reflecting higher realisations and better volumes during the quarter.

Revenue from operations for the quarter rose 21.2% year on year to ₹15,378.24 crore, compared with ₹12,688.96 crore in Q3 FY25.

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.

Indian equity markets ended in positive territory on 17 April 2026, supported by strong gains in FMCG, banking, and select mid-cap stocks. Nifty 50, Sensex, and Bank Nifty all closed higher, while Wipro, HDFC Life, and Sun Pharma saw declines amid sectoral rotatio

Wipro reported a stable Q4 FY26 performance with 8% YoY revenue growth and strong large deal momentum of $1.44 billion. While profits were broadly flat year-on-year, the company highlighted an AI-first strategy, vendor consolidation trends, and steady margin performance amid a cautious IT spending environment.

Apollo Micro Systems Ltd receives lifetime defence manufacturing license for missiles, torpedoes, loitering munitions. Full details on categories, capacity, ecosystem, and 16% stock surge on NSE.

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.

Indian equity markets ended in positive territory on 17 April 2026, supported by strong gains in FMCG, banking, and select mid-cap stocks. Nifty 50, Sensex, and Bank Nifty all closed higher, while Wipro, HDFC Life, and Sun Pharma saw declines amid sectoral rotatio

Wipro reported a stable Q4 FY26 performance with 8% YoY revenue growth and strong large deal momentum of $1.44 billion. While profits were broadly flat year-on-year, the company highlighted an AI-first strategy, vendor consolidation trends, and steady margin performance amid a cautious IT spending environment.

Apollo Micro Systems Ltd receives lifetime defence manufacturing license for missiles, torpedoes, loitering munitions. Full details on categories, capacity, ecosystem, and 16% stock surge on NSE.
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