The Sensex declined 135 points to close at 75,183, while the Nifty settled 4 points lower at 23,655 after slipping below the 23,700 level. Bajaj Finance, Hindustan Unilever and Tech Mahindra were among the top losers on the Nifty.
Revenue from operations declined 7% year-on-year to ₹16,050 crore from ₹17,248.7 crore. The figure was below the CNBC-TV18 poll estimate of ₹18,275 crore.
State-run fertiliser maker RCF reported a sharp rise in fourth-quarter profit and revenue, with improved operating margins boosting earnings momentum. The company also announced a final dividend for FY26.
Parliamentary panel flags alarming crypto investments, backs continued tax on virtual digital assets as India studies global models before framing policy.
WeWork India reported strong fourth-quarter earnings with profit soaring 78% and revenue rising 27%, while a bullish FY27 outlook, improving cash flows and net debt turnaround lifted investor sentiment.
Page Industries’ board has also approved an interim dividend of ₹150 per share, the record date for which has been fixed as May 27.
Emami reported a weak fourth quarter as an unfavourable summer season and geopolitical disruptions in West Asia hurt demand, while the FMCG maker stepped up investments in Ayurveda and digital beauty brands.
Shares of RPSG Ventures are currently under stage two of the Advanced Surveillance Measures (ASM) framework. Trading for stocks under this includes a 100% upfront margin and a shifted settlement structure.
Shares of DEE Development Engineers, which were locked in a 5% upper circuit before the earnings announcement, fell as much as 10% from the highs of the day to make an intraday low of ₹451.4. The stock has risen 17%…
Amisha Vora, Chairperson & MD, PL Capital, believes PSU banks look more attractive than private banks due to their stronger ability to raise low-cost deposits. She is positioning portfolios toward exporters, metals, defence and power-linked sectors amid sharp rupee depreciation.…