Nifty 50 closed at 24,876.95, up 245.65 points (1.00%). Bank Nifty closed at 55,734.90, up 393.10 points (0.71%). Sensex closed at 81,273.75, up 676.09 points (0.84%).

US Markets

  • Dow Jones Futures:  Currently trading at 44,891.36, down 54.76 points (-0.12%).

European Markets

  • FTSE: Trading at 9,131.60, down 7.30 points (-0.08%).
  • CAC: Trading at 7,874.60, down 48.85 points (-0.62%).
  • DAX: Trading at 24,290.60, down 68.70 points (-0.28%).

Global events/updates

  • The Prime Minister is scheduled to meet with economists. Finance Minister Nirmala Sitharaman and NITI Aayog officials may also attend. The meeting’s potential topic is the current state of the economy.
  • China’s Foreign Ministry, during Foreign Minister Wang Yi’s visit to India, stated that China is ready to continue communication with India on issues with a positive attitude.
  • Donald Trump rules out Ukraine joining NATO as part of a peace deal to end the Russia-Ukraine war, ahead of meeting Volodymyr Zelensky and key European leaders at the White House.

Stock news

  • Sathlokhar Synergys E&C Global Ltd: Secured INR 1201.59 Cr orders from Reliance, Komatsu, and others for civil and electrical works.
  • Signpost India Ltd: Revenue increased by 24% QoQ, up by 37% YoY, Net profit increased by 1487%QoQ, down by 36% YoY
  • SEPC Limited: Revenue – 71% QoQ | 15% YoY, PAT – 70% QoQ | 112% YoY
  • Z-Tech (India) Ltd: Rs.16.91 Cr order for four-laning NH-45C section in Tamil Nadu under NHDP Phase-IV EPC.
  • Indo Rama Synthetics (India) Ltd: Revenue – 9% QoQ | 38% YoY, PAT – 4% QoQ | YoY from a loss of Rs. 19 Cr to a profit of Rs. 53 Cr.
  • Julien Agro Infratech Ltd: Approval of 1:1 Bonus share.
  • BEL (Bharat Electronics Limited): BEL is in focus as the company will manufacture a defense missile system for the Indian Army. The project, named “Project Kush,” will include four missile variants, and the trial for the first variant is expected to be completed within the next year.
  • Mazagon Dock and GRSE (Garden Reach Shipbuilders & Engineers): These companies are in focus because the shipping industry could be granted “infrastructure status,” which would make it easier for shipping companies to secure funding.
  • Avanti Feeds: 18 states that the Indian government is taking steps to mitigate the impact of the “tariff storm.” The government is in talks with Japan, China, and the UK to increase seafood exports following a 50% duty imposed by the Trump administration.

Top gainer/Top loser (Nifty 500)

                    Top gainers                    Top losers
Maruti Suzuki India Ltd. (8.75)Godfrey Phillips India Ltd. (-5.0%)
Hyundai Motor India Ltd. (8.2%)Glenmark Pharmaceuticals Ltd. (-3.5%)
PG Electroplast Ltd. (8.1%)Suzlon Energy Ltd. (-3.3%) 
Amber Enterprises India Ltd. (8.1%)Techno Electric & Engineering Company Ltd. (-3.3%)
Ashok Leyland Ltd. (8.0%)eClerx Services Ltd. (-2.7%)

Conclusion

Indian equity markets ended on a strong positive note, with broad-based gains led by Nifty, while Bank Nifty and Sensex also advanced steadily, reflecting bullish investor sentiment. 

Written by Manideep Appana

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