Nifty 50 rose 221.75 points (0.91%) to close at 24,585.05, Bank Nifty gained 505.85 points (0.92%) to 55,510.75, and Sensex advanced 746.29 points (0.93%) to settle at 80,604.08.
US Markets
- Dow Jones Futures: Up by 116.52 points (0.26%), indicating a bullish trend.
European Markets
- FTSE: Up by 16.12 points (0.18%), showing a very bullish trend.
- CAC: Down by 16.60 points (-0.21%), indicating a neutral trend.
- DAX: Down by 30.46 points (-0.13%), but the overall trend is considered very bullish.
Global events/updates
- The Finance Ministry reports that 55% of Indian goods exported to the US are affected by US tariffs. In response, the Trade Ministry is in discussions with exporters to gather feedback on these additional US tariffs.
- Five Al Jazeera journalists including prominent reporter Anas al-Sharif have been killed in a targeted Israeli strike near Gaza City’s al-Shifa Hospital.
Stock news
- BEML secured an order worth Rs. 1,888 crore. Q1 net loss Rs. 639M vs Rs. 700M YoY; EBITDA lossRs. 480M vsRs. 500M YoY.
- VST Tillers Tractors: Q1 net profit rose to Rs. 446M from Rs. 228M YoY, EBITDA increased to Rs. 613M from Rs. 324M, and EBITDA margin improved to 21.7% from 17% YoY.
- KCP: Q1 net profitRs. 635M vsRs. 321M YoY; EBITDA Rs. 1.1B vsRs. 667M; margin 16.4% vs 9.7% — beat YoY & QoQ.
- Bajaj Consumer Care: Q1 net profit Rs. 390M vs Rs. 379M YoY; EBITDARs. 419M vsRs. 374M; margin 16.7% vs 15.5% YoY.
- L&T: Wins ultra mega contract worth over Rs. 15,000 crore.
- Patel Engineering: Q1 net profit Rs. 810M vs Rs. 547M YoY; EBITDA Rs. 1.65B vs Rs. 1.68B; margin 13.4% vs 15.3% YoY.
- Poly Medicure Co: The company has revised its export guidance to 5-10% from the previous 15-18%.
- Sun TV Network: The promoter’s family member has withdrawn all legal notices, and the issues are now resolved.
- Kiri Industries: The company’s Q1 consolidated net profit is 101M rupees, compared to 922M rupees YoY.
- Dhunseri Ventures: The company’s Q1 EBITDA is 835M rupees, up from 410M rupees YoY, with an EBITDA margin of 48.12% versus 25.4% YoY.
- Jyoti Structures: The company has been awarded new orders worth Rs. 639 crore.
- Biocon: The company’s stock is down nearly 3% after it reported a significant 95.2% YoY decline in its consolidated net profit, which stands at Rs. 31.4 crore.
Also read: Bulk Deal: Smallcap stock in focus after Tata Mutual Fund bought 1.56% stake in the company
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| HBL Engineering Ltd. (13.2%) | PG Electroplast Ltd. (-12.7%) |
| DOMS Industries Ltd. (11.5%) | Action Construction Equipment Ltd. (-6.4%) |
| Sai Life Science Ltd. (7.0%) | PTC Industries Ltd. (-6.1%) |
| Transformers & Rectifiers (India) Ltd. (6.8%) | Amber Enterprises India Ltd. (-6.0%) |
| Craftsman Automation Ltd. (6.8%) | Schneider Electric Infrastructure Ltd. (-5.0%) |
Conclusion
All major indices ended with healthy gains, indicating robust buying momentum across sectors and sustained investor optimism in the market.
Written by Manideep Appana
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