Stock Market Highlights: Closing bell: Sensex settles 918 points higher at 7,550, Nifty 50 up 275 points at 24,050

SENSEX   77,550.25

+ 918.60

NIFTY   24,050.60

+ 275.50

CRUDEOIL   9,135.00

+ 202.00

GOLD   152,480.00

 -954.00

SILVER   241,582.00

 -2,186.00

tock Market Today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 10 April 2026

Indian equity markets traded firm on Friday noon trade, supported by strong global cues and overnight gains across US and Asian markets.

At 1:20 p.m., the BSE Sensex was up 761 points at 77,393, while the NSE Nifty gained 223 points to 23,998.

Analysts note that while immediate escalation risks have eased, lack of clarity on long-term stability is keeping investors defensive. 

PL Asset Management highlighted rising macro risks from crude oil, currency weakness, and global slowdown concerns, while Emkay Global pointed to a potential energy-led catalyst if geopolitical tensions ease. Market direction is expected to remain event-driven, with crude oil trends, geopolitical developments, and FII flows acting as key triggers in the near term.

• April 10, 2026 16:26

  (This live blog is now closed)

• April 10, 2026 16:22

  Forex

  Rupee drops 17 paise to close at 92.68 against US dollar

  The rupee pared initial gains and settled for the day 17 paise lower at 92.68 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, especially the US-Iran conflict.

  Forex traders said the rupee witnessed high volatility as the deadline for the RBI’s instructions to banks to curb their overnight positions to $100 million closes on Friday amid heightened geopolitical uncertainty

  

  Rupee drops 17 paise to close at 92.68 against US dollar

  The rupee fell 17 paise to 92.68 against the US dollar amid rising geopolitical tensions in West Asia.

• April 10, 2026 15:58

  Stock market

  Post-market analysis by Gaurav Udani, Founder - ThinCredBlu Securities

  “Nifty continued its upward momentum, closing around 24,050, up nearly 270 points, indicating strong follow-through buying after the recent consolidation.

  The index sustained above key levels through the session, reinforcing the positive structure and suggesting that dips are being actively bought. This move keeps the bullish momentum intact in the short term.

  Technically, Nifty is now approaching the 24,100–24,200 resistance zone. A decisive move above this range could trigger further upside towards higher levels. On the downside, immediate support shifts higher to the 23,800–23,900 zone, which needs to hold to maintain the current strength.

  The overall trend remains positive, and the market continues to reward a buy on dips strategy.

  Going ahead, traders should watch how the index behaves near resistance, while staying cautious of any global cues that could influence sentiment.”

• April 10, 2026 15:55

  Stock up

  Sensex settled 918.60 points or 1.20% higher at 77,550.25, and Nifty 50 rose by 275.50 points or 1.16% to 24,050.60

• April 10, 2026 15:52

  Industry update

  EY India & UPES launch seven new programmes

  Dehradun: Today, UPES School of Business and EY India launched seven new academic programmes that are entirely co-designed, co-created and co-delivered through a structured knowledge partnership between the two institutions. Spanning three MBA programmes and four undergraduate degrees, the initiative represents one of the most substantive industry–academia collaborations in Indian higher education, bringing the knowledge, standards and real-world insight of a Big 4 professional expertise directly into degree-level study. With this, the UPES School of Business and EY India have extended their joint portfolio to a total of eight offerings, with four MBA programmes and four UG degree programmes. These offerings reflect a shared vision to build future-ready talent with strong foundations in business, finance, technology and real-world industry application.

  The newly launched MBA programs include MBA AI for Business, MBA Financial Technology, MBA Investment Banking and Capital Markets. At the undergraduate level, the new programs include BBA Data Science and AI, B.Com Accounting and Finance, B.Com Banking and Insurance, and B.Com International Finance. These, added to the existing MBA Strategic Financial Management offered by EY India and UPES School of Business, make this one of the most robust sets of industry-aligned offerings by any B-school in the country.

• April 10, 2026 15:50

  Industry update

  Umesh Sharma, CIO-Debt, The Wealth Company Mutual on March AMFI data:

  Debt-oriented schemes recorded net outflows of ₹2,94,987 crore in March 2026, largely driven by significant redemptions from funds with maturities of less than one year. Such outflows at the shorter end of the curve are a recurring seasonal trend, as March coincides with both quarter-end and financial year-end liquidity requirements, a pattern observed consistently each year

  Duration-focused categories also remained under pressure, with most continuing to witness net outflows. The risk–reward balance in these segments appears unfavourable amid elevated geopolitical uncertainty, which has pushed energy prices higher and exerted upward pressure on yields, resulting in mark-to-market impacts on investor portfolios. Corporate Bond Funds saw outflows of nearly ₹15,000 crore, extending the weakness seen in previous months, as investors reassessed mark-to-market sensitivity within high-quality duration strategies.

  Equity-oriented schemes recorded healthy net inflows of nearly ₹40,000 crore in March, around 40% higher than the previous month, as the post-correction phase in equity markets following the onset of the West Asia conflict created more attractive investment opportunities. While Flexi Cap funds continued to attract steady inflows, categories such as small-cap and mid-cap funds witnessed stronger allocations compared to earlier months, reflecting increased investor interest in segments where valuations had moderated and return potential appeared more favourable.

  Hybrid schemes, however, reported net outflows of nearly ₹16,500 crore, largely driven by Arbitrage Funds, which alone saw outflows of around ₹21,000 crore. In contrast, Multi-Asset Allocation Funds recorded inflows of over ₹5,000 crore, indicating a preference for diversified asset allocation strategies amid heightened global uncertainty. Other ETF categories witnessed strong inflows, largely supported by sustained equity-related investments. In contrast, inflows into Gold ETFs moderated to around ₹2,000 crore in March, lower than levels seen in previous months,probably as relative valuations became more favourable toward equities compared with gold.

  Overall, March flows reflect a clear tilt toward growth-oriented assets, with equities attracting higher allocations as market corrections created attractive entry points. At the same time, fixed income witnessed sharp redemptions, largely due to seasonal year-end liquidity needs and concerns around inflation and yield volatility. Together, these trends underscore an investor preference for maximizing return potential while remaining cautious on duration and interest rate risk in a globally uncertain environment

• April 10, 2026 15:26

  Top movers of Nifty smallcap 100

  • Cohance (+19.61%)
  • Ola Electric (+12.83%)
  • Sona BLW (+6.14%)
  • ABREL (+5.53%)
• April 10, 2026 15:24

  World shares mostly higher, oil gains ahead of planned US-Iran ceasefire talks

  

  World shares mostly higher, oil gains ahead of planned US-Iran ceasefire talks

  Global shares rise and oil prices increase ahead of US-Iran ceasefire talks amid ongoing tensions in the region.

• April 10, 2026 15:17

  At 3.13 pm, Sensex zoomed 950.54 pts or 1.24% to 77,582.19

• April 10, 2026 15:03

  RBI's cash withdrawal plan pushes up bond yields, swap rates

  

  RBI's cash withdrawal plan pushes up bond yields, swap rates

  RBI's cash withdrawal plan triggers bond yield and swap rate increases, unsettling markets amid high liquidity surplus.

• April 10, 2026 14:35

  RBI’s recent currency curbs to support rupee can backfire. Here’s why

  

  RBI’s recent currency curbs to support rupee can backfire. Here’s why

  RBI's currency curbs to support the rupee may backfire, risking investor confidence and causing significant bank losses.

• April 10, 2026 14:26

  Thermax shares surged 3% to Rs 3,630 on the NSE

  Thermax shares surged 3% to Rs 3,630 on the NSE. The completed the acquisition of an additional 35.82% stake in Exactspace Tech, taking its total majority shareholding to 51%

• April 10, 2026 14:20

  Vaibhav Chugh, CEO, Abakkus Mutual Fund on the ‘AMFI Data’

  The MF flows for the m/o March are reaffirming that the investors in India have matured a lot. Every correction is seen as an opportunity rather than a reason to exit and thus such phenomenal growth in equity flows. The distributors and advisors have also been guiding in turbulent times. Even the growth in SIP flows is commensurate with this fact.

  Flexicap funds are best suited as the fund manager can maneuver across market-caps thus making them more dynamic and for that investors have been increasing allocation to this category. Am elated to see the increased maturity of Indian investors as they have been proactive in looking at how valuations are moving and allocating accordingly. Despite of low performance from small caps in past sometime, investors have added allocations as they have realized that valuations there have corrected below their peaks and last 10-year averages. Though there are new outflows from liquid and arbitrage however that must be attributed to year end requirements, in my view

• April 10, 2026 14:14

  Anand Rathi Wealth Limited crosses ₹1 Lakh Crores in Asset Under Management

• April 10, 2026 14:14

  Juzer Gabajiwala - Director- Ventura

  Even though from feb 26 to mar 26 we have seen an increase in the equity collection on a year on year basis we have seen a drop by nearly 17% . Flexicap funds has received the highest amount 25-26 despite having underperformance as most funds are sticking more to largecaps.

  Debt funds have had a very muted year with collections dropping nearly 84% from last year. Taxation has played a very pivotal role in the investors mind while looking at debt funds. FY27 may augur well for debt funds. 

  Hybrid funds is the only category to have increased net collection in FY 25-26 where multi asset has been stellar performer with investors being more conservative and taking exposure even to gold. Arbitrage funds are now taking the brunt due to expectations of lower returns due to increase in STT charges.

• April 10, 2026 13:57

  MF equity inflows jump 56% as investors pump-in more money

  

  MF equity inflows jump 56% as investors pump-in more money

  Inflows into equity mutual fund schemes increased 56 per cent in March to Rs 40,450 crore against Rs 25,978 crore logged in February as investors used the sharp fall in market valuation to pump in more money.

• April 10, 2026 13:46

  Equity markets staged a strong recovery in March 26, with domestic flows reflecting renewed investor confidence despite global turbulence

  Mr. Viraj Gandhi, CEO, SAMCO Mutual Fund

  In March, equity-oriented funds recorded inflows that were 42% higher than the one-year average, with total net inflows of ₹40,450 crores against an average of ₹28,586 crores. Despite continued geopolitical headwinds and global risk-off sentiment, domestic investors used the market correction as an opportunity to deploy capital, signalling growing comfort with current valuations for long-term wealth creation.

  Broad-based strength across market cap categories underscored this conviction. Flexi Cap category led at ₹10,054 crores (+38% vs. average), while Mid Cap category (+44%), Small Cap category (+45%), Large & Mid Cap category (+47%), and Large Cap category (+46%) all meaningfully exceeded their 12-month averages. Value/Contra Funds category (+87%) and Focused Funds category (+83%) saw particularly sharp upticks, suggesting investors were actively hunting for beaten-down potential opportunities.

  Hybrid funds saw a sharp net reversal, driven largely by Arbitrage Fund category outflows of ₹21,114 crores — mostly a predictable financial year-end phenomenon. Multi Asset Allocation Funds category remained consistent with their 12-month average at ₹5,213 crores. However, Balanced Advantage Funds turned negative at −₹283 crores and Aggressive Hybrid slowed to ₹995 crores, suggesting capital may have rotated directly into pure equity as investors grew more comfortable with valuations.

  On the passive and bullion front, Other ETFs (₹19,802 cr, +109%) and Index Funds (₹8,169 cr, +261%) posted exceptional numbers. Gold ETFs, however, saw a notable slowdown to ₹2,266 crores, a sharp 57% decline versus the 12-month average.

• April 10, 2026 13:38

  Commodity commentary: Gaurav Garg, research analyst at Lemonn markets desk

  In today’s commodity market update, gold prices have slightly declined to around ₹1,51,000 per 10 grams, reflecting mild profit booking, while silver has seen a sharper correction, trading near ₹2,50,000–₹2,60,000 per kg, down over 1%.

  These movements come after a recent rally in precious metals, as investors turned cautious amid a stronger US dollar and mixed global cues. Sentiment has also been influenced by ongoing geopolitical uncertainty, particularly around US–Iran tensions and concerns over potential disruptions in key oil supply routes.

  Conversely, crude oil prices have edged higher, supported by supply-side worries and geopolitical risks, keeping overall commodity market volatility elevated.

• April 10, 2026 13:37

  Stock Markets Live: Eicher Motors traded 4% positive

  Eicher Motors traded 4% positive at Rs 7,415.50 on the NSE. It expanded its EV portfolio by launching the ‘Flying Flea’ electric motorcycle, priced at ₹2.8 Lc.

• April 10, 2026 13:28

  D-Street rebounds: Sensex, Nifty up 1%, auto stocks roar, Sun Pharma, Infosys, TCS top losers

  

  D-Street rebounds: Sensex, Nifty up 1%, auto stocks roar, Sun Pharma, Infosys, TCS top losers

  Indian markets rebound with Sensex and Nifty up 1%; auto stocks surge while IT giants Infosys and TCS lag.

• April 10, 2026 13:19

  City Union Bank opens new branch in West Mambalam, Chennai; total branch count reaches 950

  City Union Bank has opened a New Branch on April 10 2026 at West Mambalam Chennai and as on date the Bank has 950 Branches in total.

• April 10, 2026 13:19

  Ajmera Realty jumps 3% as record FY26 pre-sales lift sentiment

  

  Ajmera Realty jumps 3% as record FY26 pre-sales lift sentiment

  Ajmera Realty shares surge 3% after reporting record FY26 pre-sales of ₹1,701 crore, boosting investor sentiment.

• April 10, 2026 13:09

  MWL shares edge up after vendor empanelment

  

  MWL shares edge up after vendor empanelment

  MWL shares rise after vendor empanelment with major institutions, reflecting strong buy sentiment and market confidence.

• April 10, 2026 13:07

  India-UK FTA likely by May 1; EU deal expected by year-end

  

  India-UK FTA likely by May 1; EU trade deal expected by year-end

  India-UK FTA likely from May 1, EU deal by year-end, set to boost exports as government expands trade talks with over 20 countries globally.

• April 10, 2026 13:02

  Univastu India wins ₹109 crore contract from Godawari Marathwada Irrigation Development Corporation

  Univastu India informed the about receipt of contract from Godawari Marathwada Irrigation Development Corporation, Chhatrapati Sambhajinagar Executive Engineer, Jayakwadi Irrigation Division, Nathnagar (N) Paithan. for Rs 109 crore.

• April 10, 2026 12:57

  Univastu India secures ₹109 crore irrigation contract from Godawari Marathwada Irrigation Development Corporation

  Univastu India informed the about receipt of contract from Godawari Marathwada Irrigation Development Corporation, Chhatrapati Sambhajinagar Executive Engineer, Jayakwadi Irrigation Division, Nathnagar (N) Paithan. for Rs 109 crore.

• April 10, 2026 12:56

  Prestige Estates shares gain on ₹9,000 crore Mumbai JV project announcement

  

  Prestige Estates shares gain on ₹9,000 crore Versova project with ABIL Group

  Prestige Estates shares rise after announcing ₹9,000 crore JV project with ABIL Group in Mumbai’s Versova, boosting its presence in premium housing segment.

• April 10, 2026 12:53

  Deepti Sheth elevated as President & Group Head Human Resources at Thomas Cook India Group

• April 10, 2026 12:53

  Coal India trades flat as it absorbs rising input costs and shields users from price hikes

  Coal India is absorbing the price shock insulating India’s coal users from escalating cost burden. Any pass through of the mounting prices would lead to a cascading effect. The company is also compensating the increased price of the industrial diesel to the contractors, operating in CIL’s mines, who purchase it in bulk quantities. The cost of Ammonium Nitrate (AN) which makes up for around 60% of the material composition in manufacturing of explosives, which CIL uses in its opencast mines, increased by 44 percent from pre-war level of Rs.50,500 per metric ton to Rs.72,750 metric per ton as of 1 April 2026. 

  Shares traded flat on the NSE at Rs 453.80

• April 10, 2026 12:52

  Nifty crosses 24,000; IT stocks bleed as broader market rallies

  

  Nifty crosses 24,000; IT stocks bleed as broader market rallies

  Nifty surpasses 24,000 as broader market rallies, but IT stocks decline amid earnings concerns and geopolitical factors.

• April 10, 2026 12:51

  India's equity mutual fund flows jump to 8-month high in March

  

  India's equity mutual fund flows jump to 8-month high in March

  Equity mutual fund inflows in India surged 56% to ₹40,450 crores in March, reaching an eight-month high.

• April 10, 2026 12:48

  RBI announces ₹2 lakh crore VRRR to absorb excess liquidity

  

  RBI to conduct 7-day VRRR auction as liquidity surplus hits ₹4.5 lakh crore

  RBI to conduct ₹2 lakh crore 7-day reverse repo auction to absorb surplus liquidity as banking system excess hits ₹4.5 lakh crore, aiming to stabilise rates.

• April 10, 2026 12:27

  Dev IT surges 7% after winning ₹26 crore NICSI mandate for National Pharmacists Platform

  Dev Information Technology Secures ₹26 Crore NICSI Mandate for National Pharmacists Platform

  Shares zoomed over 7% to Rs 31.50 on the NSE

• April 10, 2026 12:22

  Godfrey Phillips gains 2% as Delhi High Court suit is withdrawn

  Godfrey Phillips shares gained 2% to Rs 2,072.40 on the NSE at 12.21 pm. The company reported that plaintiffs have unconditionally withdrawn their suit filed against the firm in the Delhi High Court

• April 10, 2026 12:16

  Jefferies stays marginally overweight on India; valuations improve despite weak Q1

  

  Jefferies stays marginally overweight on India; valuations improve despite weak Q1

  The report also points out that most foreign institutional selling had already occurred earlier this year, indicating limited additional pressure from this segment

• April 10, 2026 12:04

  Baazar Style Retail rises 2% after opening new Style Baazar store in West Bengal

  Baazar Style Retail has opened a new store of Style Baazar at Baghajatin, West Bengal

  Shares up 2% on the NSE to Rs 291.85

• April 10, 2026 12:01

  Zinc futures rise on high demand

  Zinc prices on Friday rose marginally by 30 paise to Rs 329.60 per kg in futures trade due to higher spot demand.

  On the Multi Commodity Exchange, zinc contracts for May delivery edged up 30 paise, or 0.09 per cent, to Rs 329.60 per kg with a business turnover of 412 lots. - PTI

• April 10, 2026 12:00

  Copper futures gain on higher spot demand

  Copper futures rose by Rs 6.70 to Rs 1,212.45 per kg on Friday on higher spot demand.

  On the Multi Commodity Exchange, copper contracts for May delivery grew by Rs 6.70, or 0.56 per cent, to Rs 1,212.45 per kilogram in a business turnover of 548 lots. - PTI

• April 10, 2026 11:59

  BSE shares hit 52-week high, what is driving the surge?

  

  BSE shares hit 52-week high, what is driving the surge?

  BSE shares hit a 52-week high following SEBI's approval for new derivative contracts on the Focused IT Index.

• April 10, 2026 11:57

  Aluminium futures rise on fresh bets

  Aluminium prices on Friday rose nearly 0.23 per cent to Rs 355.60 per kg in futures trade as speculators built up fresh positions amid a positive trend in the spot market.

  On the Multi Commodity Exchange, the price of aluminium for delivery in May increased by 80 paise, or 0.23 per cent, to Rs 355.60 per kilogram in 524 lots. - PTI

• April 10, 2026 11:47

  Om Power Transmission IPO subscribed 46% on day 2 morning

  

  Om Power Transmission IPO subscribed 46% on day 2 morning

  The RII category leads with 0.42 times subscription, with bids received for 12.48 lakh shares against 30.01 lakh shares reserved. QIBs have bid for 13.37 lakh shares against 17.15 lakh shares reserved, clocking 0.78 times

• April 10, 2026 11:40

  Ajmera Realty scales new heights with Rs 1,701 Cr pre-sales; beats FY26 guidance and clocks highest ever annual collection

• April 10, 2026 11:40

  Power Mech Projects jumps 6% after winning ₹296 crore Mumbai Monorail O&M contract

  Power Mech Projects been awarded Rs. 296 Crore Mumbai Monorail Operations & Maintenance Contract

  Shares zoom 6% to Rs 2,205 on the NSE

• April 10, 2026 11:32

  Indian banks resilient despite rising credit pressure in Asia: Fitch

  

  Indian banks resilient despite rising credit pressure in Asia: Fitch

  Indian banks may face pressure on earnings as liquidity tightens. The report says margin pressure could increase as the Reserve Bank of India’s (RBI) ability to inject liquidity becomes limited

• April 10, 2026 11:31

  Mangalam Worldwide wins key approvals from QatarEnergy, BHEL, EIL, GSFC

  Mangalam Worldwide Limited (MWL), a fully integrated stainless-steel manufacturer, announced its empanelment with leading global and domestic institutions, including QatarEnergy, Bharat Heavy Electricals Limited (BHEL), Engineers India Limited (EIL),and Gujarat State Fertilizers & Chemicals Limited (GSFC). 

  These approvals strengthen MWL’s positioning across international energy, refinery, infrastructure, power and industrial sectors, enabling participation in high-specification projects and expanding its presence across both international and domestic markets.

  Commenting on the development, Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, said, “ Our empanelment with globally recognized institutions such as QatarEnergy, BHEL, EIL, and GSFC is a strong validation of our product quality, manufacturing capabilities and operational reliability. As we expand our footprint across domestic and international markets, we remain focused on enabling such institutions with predictable delivery and timelines. Our integrated model supports consistent quality and execution, while strengthening our participation across global and domestic energy and EPC-led ecosystems. ”

  These approvals validate MWL’s quality assurance systems, compliance capabilities and reliability in supplying critical materials. QatarEnergy grants MWL access to global oil and gas supply chains, while partnerships with BHEL and EIL establish footholds in India’s power infrastructure and refinery-petrochemical sectors. GSFC further extends MWL’s reach into chemicals and industrial manufacturing.

  At the core of MWL’s strength is its vertically integrated manufacturing ecosystem, covering melting, rolling, bright bar finishing, and seamless pipe and tube production. The company delivers approximately 190,000 MT annually and offers a diversified stainless steel portfolio including billets, ingots, hot rolled and forged bars, bright bars, and se

• April 10, 2026 11:21

  Nifty Auto index up 2.202 per cent to trade at 26,425

  Nifty Auto Index at 11 a.m..jpg

• April 10, 2026 11:05

  Nifty Bank Prediction Today – April 10, 2026: Nifty Bank futures: Consider longs as intraday outlook is positive

  

  Nifty Bank Prediction Today – April 10, 2026: Nifty Bank futures: Consider longs as intraday outlook is positive

  Nifty Bank futures show a positive intraday outlook, targeting 56,500 with strong support levels for traders.

• April 10, 2026 11:04

  Markets @ 11 am

  Sensex was up 749.84 (0.98%) pts to 77,381.49Nifty traded 231.55 (0.97%) pts up to 24,006.65 

• April 10, 2026 10:59

  QatarEnergy, BHEL, EIL and GSFC empanel Mangalam Worldwide Ltd. as an approved vendor

• April 10, 2026 10:49

  Sammaan Capital gets ratings upgrade from Crisil

  CRISIL, a company of S&P Global upgrades Sammaan Capital Limited to AA+.

  Sammaan Capital shares flat at Rs 154.14 on the NSE

• April 10, 2026 10:46

  Stock in Focus: JSW Energy trades flat in morning trade

  JSW Energy traded flat at Rs 492.30 on the NSE. The company exercised its call option to acquire the remaining 26% stake in JSW Mahanadi Power (JMPCL), moving towards full ownership of the entity

• April 10, 2026 10:40

  ADB ups India's FY27 growth projections to 6.9%

  The Asian Development Bank (ADB) on Friday projected India’s GDP growth to remain “robust” at 6.9 per cent in the current fiscal, and rise to 7.3 per cent in next fiscal driven by strong domestic demand, and supported by easing financing conditions and lower US tariffs on Indian goods.

  In its Asian Development Outlook report, the ADB said a prolonged conflict in the Middle East could undermine India’s macroeconomic performance through multiple channels.Read more here

• April 10, 2026 10:40

  Wipro shares steady amid IT selloff, buyback buzz lifts sentiment

  Shares of Wipro showed resilience on Friday, trading flat at ₹203.37 at 10.14 am despite broader weakness in IT stocks.

  The stock had opened nearly 3 per cent higher at ₹208.70 compared to the previous close of ₹202.87, reflecting early optimism among investors.Read more here

• April 10, 2026 10:36

  Market update

  At 10.35 am, Sensex climbed 809.40 pts (1.06%) to 77,441.05 and Nifty 50 touched 24,015.50, up 240.40 (1.01%)

• April 10, 2026 10:28

  GM Breweries rises 2% despite 10.5% drop in Q4 net profit

  GM Breweries’ stock rose nearly 2% in early trade to Rs 1,017.40 from the previous close of Rs 998.35.

  The company on Thursday posted its standalone net profit for the quarter ended March 2026 at Rs 54.07 crore (10.5% lower) compared to Rs 60.46 crore in the same quarter last year.

• April 10, 2026 10:27

  Godrej Properties reports record ₹34,171 crore sales bookings in FY2026, up 16%

  

  Godrej Properties reports record ₹34,171 crore sales bookings in FY2026, up 16%

  The sales bookings in the Mumbai Metropolitan Region (MMR) stood at ₹10,313 crore last fiscal, followed by Bengaluru (₹8,802 crore), Delhi NCR (₹7,410 crore), Pune (₹3,659 crore) and Hyderabad (₹2,360 crore)

• April 10, 2026 10:27

  TCS shares down 3.2% despite Q4 profit growth and deal wins

  

  TCS shares down 3.2% despite Q4 profit growth and deal wins

  TCS shares fell 3.2% despite profit growth, as broader IT sector faces selling pressure amid cautious investor sentiment.

• April 10, 2026 10:20

  Wipro trades flat after positive open; board to consider share buyback on April 16

  Wipro shares staged resilience (despite IT index drag) and traded flat at Rs 203.37 at 10.14 am after opening 3% positive at Rs 208.70 from the previous close of Rs 202.87. 

  Company’s board to consider share buy back at its meeting on April 16, along with Q4 results.

• April 10, 2026 10:19

  Sensex today: Sensex gains over 700 pts

• April 10, 2026 10:16

  Nifty Prediction Today – April 10, 2026: Nifty 50 Futures: More rise is on the cards; go long now and on dips

  

  Nifty Prediction Today – April 10, 2026: Nifty 50 Futures: More rise is on the cards. Go long now and on dips

  Nifty 50 April Futures contract can rise to 24,450 and even 24,600 on a break above 24,080

• April 10, 2026 10:16

  Rupee rises 10 paise to 92.41/USD; faces risks from rising global tensions

  

  Rupee rises 10 paise to 92.41/USD; faces risks from rising global tensions

  The rupee rises to 92.41/USD amid global tensions, facing volatility as RBI's curbs deadline approaches.

• April 10, 2026 10:12

  BSE hits 52-week high after SEBI nod for Focused IT Index derivatives

  BSE shares rose 2% to a 52-week high of Rs 3,330 in early trade from the previous close of 3,257.40, before trading flat at Rs 3,259.70. The exchange received approval from SEBI to launch derivative contracts on the “ BSE Focused IT Index”.

• April 10, 2026 10:12

  Anand Rathi Wealth slips 2% after 52-week high, Q4 net profit jumps 41%

  Shares of Anand Rathi Wealth declined nearly 2% to Rs 3,492.40 after hitting a 52-week high of Rs 2,603.70 in early trade on the NSE from the previous close of Rs 3,553.70. Its standalone net profit rose 41 per cent year-on-year to ₹102.23 crore, compared with ₹72.43 crore in the corresponding quarter last year.

• April 10, 2026 10:05

  JPMorgan On Paints

  Paint Demand Holds Up, But Some Moderation Seen Post Mid-March 

  Broad-Based Price Hikes Drive Dealer Pre-Buying 

  Cost Currents: Raw Material Headwinds Threaten Near-Term Profitability 

  Competitive Intensity Remains Elevated

• April 10, 2026 10:04

  Morgan Stanley On Wipro

  Recommendation Underweight, Target ₹242

  A Potential Buyback Has Been A Move Anticipated By The Market 

  See Potential For A $2 Billion Buyback (Approximately 8.5% Of Current Market Cap) 

  During The Past 5 Buybacks, Wipro Has Outperformed Vs Sensex Post A Formal Buyback Announcement In 4 Out Of 5 Times (1-Week Performance) And 3 Out Of 5 Times (1-Month Performance) 

  Expect A Likely Positive Reaction On Share Price In The Short Term On This Announcement 

  Believe Investors Would Quickly Shift Their Focus Back To Fundamentals

• April 10, 2026 10:04

  Morgan Stanley On Titan

  Maintains Overweight Rating With A Target Price Of ₹5,102 

  Target Price Raised From ₹4,529 On Stronger Jewellery Performance 

  Revenue Estimates Increased By 4 To 8 Percent Over FY26 To FY28 Driven By Jewellery Growth 

  Domestic Jewellery Revenue Raised By 5 Percent For FY26 Reflecting Strong Demand 

  EBITDA Margin Estimates Cut By 20 Basis Points Due To Slight Pressure In Jewellery Margins 

  EPS Estimates Increased By 3 To 5 Percent Over FY26 To FY28 

  Valuation Revised Higher Driven By Improved Earnings Outlook And Growth Assumptions

• April 10, 2026 10:04

  Morgan Stanley On Page Inds

  Maintains Overweight Rating With A Revised Target Price Of ₹41,561 (Cut From ₹45,930) 

  Earnings Estimates Cut 2 To 4 Percent For FY27 And FY28 On Lower Topline Assumptions 

  Margins Largely Unchanged Indicating Stable Profitability 

  Valuation Reduced Due To Lower Medium-Term Growth Expectations

• April 10, 2026 10:04

  Morgan Stanley On Shriram Finance

  Maintains Overweight Rating With A Target Price Of ₹1,325 

  Upgraded To AAA Rating By ICRA Post MUFG Deal Completion 

  Funding Cost Advantage Expected To Narrow Supporting ROA Improvement 

  Credit Profile Strengthening With Multiple Upgrades 

  Remains Top Pick Among NBFCs

• April 10, 2026 10:04

  Morgan Stanley On JSW Steel

  Maintains Overweight Rating With A Target Price Of ₹1,330 

  4Q Production Impacted By Blast Furnace Shutdown For Expansion 

  India Volumes Down 1 Percent YoY But Flat Sequentially 

  Consolidated Volumes Declined 2 Percent YoY 

  Sales Volumes Likely Supported By Inventory Destocking 

  Await Further Clarity From Upcoming Results

• April 10, 2026 10:04

  HSBC on Delhivery

  Hold, TP raised to Rs 500

  Delhivery’s share price has stayed resilient despite Middle East conflict-led concerns of fuel inflation and demand-destruction

  India’s pump prices are yet to rise; Delhivery showed in 2020- 22 it can mitigate spikes.

  Near-term demand remains robust

  Raise FY28e EBITDA by 2% on higher 4Q volumes.

• April 10, 2026 10:03

  Nomura on Eicher Motors

  Neutral, TP Rs 7827

  Royal Enfield electric – Flying Flea C6 launched

  Showcases several innovative technologies; further iterations may be needed for mainstream adoption

  Key features of the model

  * 3.5-inch round TFT with joystick interface; industry-first rotary mode switch

  * Multiple ride modes including a configurable custom mode; lean-angle sensing ABS

  * Cruise control, voice assist, OTA updates and live location sharing

  Believe the product needs to evolve further on battery size, charging, and comfort for it to appeal to mainstream motorcycle customers

• April 10, 2026 10:03

  Macquarie On Metals

  Tata Steel – Maintain Outperform; Hike Target Price To Rs 241 From Rs 222 

  JSW Steel – Maintain Outperform; Hike Target Price To Rs 1353 From Rs 1319 

  Jindal Steel – Maintain Outperform; Hike Target Price To Rs 1321 From Rs 1193 

  Hindalco – Maintain Neutral; Hike Target Price To Rs 1080 From Rs 979 

  Coal India – Maintain Neutral With Target Price Of Rs 445 

  Q4: Firm Prices To Boost EBITDA; Prefer Ferrous 

  Domestic Steel Prices Remain Firm, Auguring Well For FY27E Earnings 

  Hindalco Benefits From Firm Aluminium Price And Gradual Uptick In Novelis’ EBITDA, But Valuations Cap Upside Potential 

  For Coal India, Neutral Rating Reflects Modest Downside Following Recent Stock Outperformance

• April 10, 2026 10:03

  Brokerages split on India: CLSA turns bullish after 18 months, Macquarie cautious, Jefferies flags risks

  CLSA Equity Strategy - Vikas Jain

  After 18 months of being bearish, we turn constructive on Indian stocks

  We may have surpassed the “maximum pain” point regarding both the Iran conflict and its impact on the market. With sentiment reaching extreme bearishness and valuations (on both an absolute and relative basis) trading below 10-year averages, we argue that risk-reward profile for Indian equities has finally balanced after 18 months of being unfavourable. Downside protection strategy helped our portfolio to outperform Nifty by 6ppt in last quarter. We now move toward capturing upside and make a slew of changes to our portfolio.

  Portfolio Changes

  We exit ITC in favour of Varun Beverages and from Bajaj Auto to Mahindra & Mahindra

  We expect a better post-war set-up for Vedanta over Ultratech Cement.

  We see L&T as a post-war recovery play and bring it in place of the defensive NTPC

  We see better risk-reward in Bajaj Finance than IndusInd Bank

  We raise O-WT on financials and cut IT to U-WT by swapping Tech Mahindra for HDFC Bank

  We continue to hold ICICI Bank, SBI, ONGC, Tata Motors (CV + PV), Infosys, DMart, Eternal and Godrej Properties in our portfolio.

  Macquarie India Strategy

  India Has Underperformed Emerging Markets By 50% Since 2025 On Persistent Foreign Selling 

  Still, The Building Blocks To Support A Near-Term Reversal Are Missing 

  From A Negative View In ‘25, We Had Turned Mildly Optimistic For ‘26, But With A Disrupted Global Energy Market, We Revert To A Guarded Stance 

  For Sustained Market Outperformance, India’s Aggregate Earnings Profile Needs To Improve 

  The Typical 500 Bps EPS Growth Premium To Emerging Markets Has To Resume

  Jefferies On Greed & Fear - Chris Wood

  India Will Also Be A Beneficiary, From A Relative-Return Standpoint, If AI Capex Does Peak This Year 

  India Status As The Reverse AI Trade And Given That Foreigners Have Already Sold A Lot Of Stocks 

  Still That Does Not Mean There Is No Downside Risk 

  That Risk Is Not Only Renewed Conflict In Iran But Also A Sudden Cessation In Domestic Mutual Fund Inflows

• April 10, 2026 10:02

  Stock recommendation: Brokerage Houses on TCS

  Kotak Inst Eqt on TCS

  Buy, TP Rs 3100

  Delivered an in-line quarter, aided by improved momentum in the international business and stable profitability.

  Bookings were strong and included three mega deals.

  TCS appears to be moving out of a patch of unusual underperformance, driven by BSNL deal ramp-down, insourcing and program completions.

  Stock price has declined by 19% in past year, underperforming peers during a cyclically weak phase.

  FY2027 should see a meaningful narrowing of the growth differential with peers.

  GenAI readiness is also becoming more visible through targeted workforce interventions, broader AI investments and a sharper consulting push

  Remain constructive & raise EPS by 3% on revised currency assumptions.

  CITI On TCS

  Sell, TP Rs 2250

  Reported inline Q4 EBIT; FY26 revenues -2.4% yoy cc.

  Forward looking indicators –

  (a) TTM TCV +3.6% yoy;

  (b) Headcount -4% yoy; (c) Management commentary – Getting into next year with positivity & confidence; they see a regular Q1 and Q2.

  Expect low single-digit revenue growth to continue

  Debate is likely to continue – TCS Q4/commentary had data points supporting both the bullish and bearish views

  GS on TCS

  Buy, TP Rs 2710

  4QFY26 had no major surprises.

  Key positives

  (i) positive sequential revenue growth across all but one vertical;

  (ii) Strong deal wins in 4Q, including 3 mega deals;

  (iii) Modest headcount growth and earlier than expected wage hike;

  (iv) company calling out growth in mid/large-sized accounts with early signs of stability;

  (v) no discernible negative impact of AI on revenue growth, though re-investment to build capabilities is causing potential margin drag.

  A few negatives

  (i) No improvement in growth momentum, with +0.8% qoq organic growth for 3 quarters in a row;

  (ii) Miss to guidance of better FY26 vs FY25 for int’l markets, with two consecutive years of close to 0% revenue growth and limited color on FY27 growth outlook;

  (iii) Limited margin expansion despite strong Fx tailwinds.

  CLSA on TCS

  O-P, TP Rs 2985

  4QFY26 was largely in line on revenues and Ebit margins and slightly better on order booking QoQ but not YoY given 4Q renewal seasonality.

  Gen AI revenue at an annualised US$2.3bn, up 28% QoQ and 7.5% of overall revenue, implies AI should be a net tailwind in the medium to long term

  On Middle East (ME) crisis, impact is limited to ME geography and travel vertical up to now, and c. 0.8% CC QoQ organic revenue growth in 4Q (like 2Q/3Q) does imply a still volatile macro at this juncture.

  An attractive FCF yield of 6% (even higher than the Covid bottom) and a steep discount to Indian IT peers on valuations keeps us O-PF

  JPM on TCS

  OW, TP Rs 3150

  Delivered a solid 4Q with a small revenue beat, stable margins, & strong deal wins, while commentary points to gradual improvement into FY27

  International growth improved to 2% CC YY, demand is stabilising across Consumer, HiTech and Europe, with BFSI resilient and telecom showing early signs of recovery

  Strong signings at $12bn and improving conversion support a better setup into FY27 as management sounds more confident.

  AI revenues were up 28% QQ to 7.5% of revenues.

  EBIT margins expanded ~10bps QoQ

  Crucially, TCS continues to return 80–100% of FCF via dividends and buybacks, offering strong downside support

  At 16.5x/15.5x FY27/28E, the stock trades ~2SD below its historical multiple and at a discount to peers despite superior cash returns and margin resilience.

  HSBC on TCS

  Hold, TP Rs 2755

  Reported a decent quarter in context of widespread pessimism around the IT sector

  Think stronger exit-rate & improvement in demand outlook positions it well for a relatively better FY27 over FY26

  Expect mid to low-single-digit long-term revenue growth

  Nomura on TCS

  Buy, TP Rs 2930

  4QY26 – broadly inline in P&L; three mega deals drive strong deal wins

  Management expects FY27F to be better than FY26 for international markets

  Reinvestment for growth to continue; expect margin to remain near current levels

  Raise FY27-28F EPS by 2-3%

  TCS expects usual seasonality of higher growth in 1H vs 2H to follow

  Raise USD revenue forecast by 160bp to 3.8% for FY27F & by 20bp to 4.5% for FY28F

  Jefferies on TCS

  U-P, TP Rs 2275

  Mar-26 qtr revenue was in line, though margins missed estimates.

  Weak growth in BFSI, flat YoY deal bookings & AI-led revenue deflation due to higher exposure to application managed services should keep growth in check

  Margins are expected to remain range bound in absence of strong revenue growth

  Rise estimates by 2% due to Fx & expect a subdued 5.5% EPS CAGR over FY26-29.

  INCRED on TCS

  ADD, TP cut to Rs 3052 from Rs 3663 earlier

  4QFY26 revenue growth & EBIT margin were modestly better than estimates. 

  Demand environment commentary was cautious. 

  North America (NA) & FSI LTM bookings’ growth was weak/tepid

  INR deprecation helps sustain EBIT margin

  DAM Cap on TCS

  Neutral, TP Rs 2670

  FY26 revenue declined 2.4% YoY CC, impacted by macro weakness, high BSNL base, & AI-led deflation.

  FY27 should improve on the back of a strong order book, easing macro headwinds, and possible support from BSNL phase 2.

  However, AI revenues are likely to take time to offset ongoing AI-led deflation, keeping growth in low single digits over next two years

  Model 4.0% growth in FY27 & 5.3% in FY28

  Despite a 190bps currency tailwind in FY26 and absence of lower margin BSNL deal, margin expansion was limited to 70bps, highlighting execution and investment drag

  With continued AI investments, deal transition costs, and 1QFY27 wage-hike headwind of 150–200bps, margins are likely to remain range-bound

  Expect 7% EPS CAGR for FY26-28E. (partially driven by currency).

• April 10, 2026 10:01

  Capri Global launches ₹500 crore NCD issue with up to 9.5% coupon; issue opens April 15

  Capri Global Capital Limited’s announcement of its Tranche I Public Issue of Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs).

  Key highlights:

  Issue size of up to ₹5,000 million

  Coupon of up to 9.50% per annum

  Credit Rating: ‘IVR AA/Positive’ by Infomerics and ‘ACUITE AA | Stable’ by Acuité

  Issue opens on April 15, 2026 and closes on April 28, 2026*

  NCDs to be issued in dematerialised form

  Allotment on a first come, first serve basis; proportionate allotment in case of oversubscription

  This issuance marks an important milestone in Capri Global’s growth journey, strengthening its capital base to support expansion across key lending segments.

• April 10, 2026 10:01

  Prestige Group rises 2% after Versova residential entry and Aaramnagar Realty acquisition

  Prestige Group marks entry into Rs. 9,000 Cr Residential Opportunity in Versova, Mumbai

  It also announced the Acquisition of partnership interest in Aaramnagar Realty LLP 

  Shares up over 2% to Rs 1351.70

• April 10, 2026 10:00

  International Conveyors gains 2% after acquiring stake in Religare Enterprises; Religare up 1%

  International Conveyors has acquired the Equity shares of “Religare Enterprise Limited

  International Conveyors stock rose 2% to Rs 74.23; Religare Enterprises was up 1% to Rs 225.51.

• April 10, 2026 10:00

  Nifty outlook: Positive bias above 23,700; buy on dips favored amid resistance near 24,200

  Gaurav Udani, Founder - Thincredblu Securities Ltd., “Nifty is expected to open slightly higher around 23,850, up nearly 80 points, indicating a positive start after yesterday’s healthy correction.

  The index continues to hold above key support levels, suggesting that the overall structure remains constructive. As long as 23,700 is sustained, the bias stays positive with potential for a gradual move towards the 24,100–24,200 zone.

  On the downside, 23,700–23,750 will act as immediate support, while resistance is seen around 24,000–24,200.

  The setup favors a buy on dips approach, rather than chasing momentum at higher levels. Traders should remain selective and wait for better risk-reward entries during intraday pullbacks.

  Overall, the trend remains intact, but price action near resistance will be key to watch for further directional clarity.”

• April 10, 2026 10:00

  Global bits

  United States

  Q4 GDP revised down to 0.5%, core inflation remains firm at 3.0%, labor market steady, and Fed minutes signal possible prolonged higher rates amid war-driven inflation risks.

  Canada

  Limited fresh data; markets influenced mainly by U.S. developments and Middle East-driven energy volatility.

  China

  Factory-gate prices rose for the first time in over three years (PPI +0.5% y/y), CPI at 1.0%, reflecting war-linked import cost pressures.

  South Korea

  Central bank held rates at 2.50%, inflation at 2.2%, and manufacturing expanded strongly (PMI 52.6) despite oil-linked risks.

  Japan

  Foreign investors injected $18.65 billion into equities after holidays, supporting markets amid regional volatility.

  New Zealand

  Central bank held rates at 2.25%, expecting 2026 growth if ceasefire holds but remains alert to inflation risks.

  Australia

  currency and markets saw relief from ceasefire optimism.

  Russia 

  Oil tax revenues expected to nearly double in April (~$9B) due to elevated global crude prices.

  South Africa

  Rand weakened amid ceasefire doubts and domestic economic assessment.

  Egypt

  Raised electricity prices for higher-use households and businesses amid energy cost pressures.

  Brazil

  2026 growth forecast cut to 1.6% as regional outlook weakens.

  Mexico

  Inflation spiked to ~4.6% y/y, complicating central bank rate-cut decisions.

  Sub-Saharan Africa (region) – 2026 growth forecast trimmed to 4.1% due to higher fuel/fertilizer costs and debt constraints.

  Latin America & Caribbean (region) – Growth outlook cut to 2.1% for 2026 amid structural and geopolitical pressures.

  Source: Reuters

• April 10, 2026 09:59

  EQUITY PREVIEW

  * Bharat Forge (BHFC): Mulls a proposal for phased Restructuring Plan For German Unit

  * Container Corp. (CCRI): 4Q throughput 1.43m TEU, up 6% Y/y

  * GAIL India (GAIL): To Raise Up To INR 60B Debt for Ongoing Projects

  * HDFC Life Insurance (HDFCLIFE): To Mull Raising Funds Via Shares on April 16

  * IRB InvIT Fund (IRBINVIT): March gross toll revenue up 10% Y/y to INR16.9b

  * JSW Steel (JSTL): FY26 Crude Steel Production +8% Y/y At 30.1 Million Tons

  * NHPC (NHPC): To mull monetization of future cash flow of power stations

  * Poonawalla Fincorp (POONAWAL): Launches QIP issue with floor price at INR390.26/share

  * Tata Consultancy (TCS): 4Q Net Income +12% Y/y to INR137.2b, Beats Est. 135.51b (1)

  * TCS Renews Partnership With Marks And Spencer

  * Wipro (WPRO): To Consider Share Buyback Plan at April 16 Board Meeting

• April 10, 2026 09:59

  Godrej Properties hits record booking and collections in FY2026; shares rise 2.45%

  Godrej Properties: Booking value grew 16% to INR 34,171 crore in FY2026 and has grown at a 3-Year CAGR of 41%. This is the highest booking value ever reported by an Indian real estate developer in a financial year.*

   Collections grew by 17% to INR 19,965 crore in FY2026 and has grown at a 3-year CAGR of 30%. This is the highest collections ever reported by an Indian real estate developer in a financial year.* 

   Direct construction spend increased by 62% in FY2026. 

   Operating Cash flow increased by 5% to INR 7,830 crore in FY2026 and has grown at a 3-year CAGR of 30%.  Added INR 42,100 crore of future sales potential through portfolio additions in FY2026, achieving over 200% of guidance and delivering YoY growth of 59% 

   Delivered projects aggregating 12.1 million sq. ft. in FY2026 achieving 121% of guidance. 

  Shares up 2.45% to Rs 1,737 on the NSE.

• April 10, 2026 09:58

  Morning Updates : Nifty Highest OI

  (13th April Expiry)

  Call:25000/Put: 23000

  Nifty 50 EMA - 24213

  Nifty 200 EMA- 24856

  Nifty Spot - 23775 

  Nifty 100 PE - 20.5

  Nifty 50 PE - 20.9

  Nifty PCR. - 0.92

  Nifty Cash Market Volume - 120k Cr 

  FII Index Long Futures decreased to 20% from 21%

  S&P 500 : +0.62%

  Brent Futures : 96.5

  Dollar Index : 98.9

  USD INR. : 92.8

• April 10, 2026 09:58

  Stocks in News

  Wipro: The Board of Directors of the Company will be considering a proposal to buyback equity shares of the Company on 16th April 2026. (Positive)

  HDFC Life: Company to consider preferential share issue and Q4 results at April 16 board meeting. (Positive)

  Ashiana Housing: Company has acquired 28.55 acres of land in Pune for ₹1,800 Cr for a Senior Living project. (Positive)

  Sandur manganese: Company executes forest lease agreement with Karnataka Govt for 2.43 HA land in Ballari to establish DCS linking Kammathuru iron ore mine to PMBR siding. (Positive)

  BSE: Company receives SEBI approval to launch derivative contracts on BSE focused IT index, focused IT index measures performance of 14 IT sector companies. (Positive)

  IRB infrastructure developers: Company’s gross toll collection for March increased by 21% (YoY) (Positive)

  Mega nirman & industries: Company to deploy 660 EV charging points, subsidiary megacharge partners with national highways for electric vehicles. (Positive)

  Rajputana stainless: Q3 SL net profit Rs 123m vs 95m (YoY), Q3 revenue Rs 2.5b vs 2.3b (YoY), Q3 EBITDA Rs 235m vs 196m (YoY), Q3 EBITDA margin 9.39% vs 8.40% (YoY). (Positive)

  Godfrey Phillips India: Litigation update: plaintiffs withdraw Delhi high court suit against Company unconditionally; withdrawal recorded on April 8, 2026. (Positive)

  GHV infra projects: Company bags infrastructure development order worth Rs 111 crore. (Positive)

  Amagi media labs: Company unveils “agentic media operations” for cloud platform, new AI agents to automate metadata enrichment, artwork generation, and ad-break identification. (Positive)

  Concor: Q4 Business Update: Throughput at 14.28 Lk TEU vs 13.47 Lk TEU, up 6% YoY (Positive)

  Godrej Prop: Q4 Collections Up 14% YoY & Up 86% QoQ At ₹7,947 Cr (Positive)

  NHPC: Company says investment approval for Kamala hydroelectric project (1720 mw), investment of Rs 260.7B (Positive)

  Sai Parenterals: Arihant Capital Markets, bought, 3.98 lakh shares for Rs. 423.13 per share (Positive)

  Sarveshwar Foods: Company announced the appointment of Ms. Meghna as its new Group Chief Financial Officer (Neutral)

  Reliance Ind: Company Caps Fuel Sales At $11 Per Pump Amid Growing Shortages: Bloomberg. (Neutral)

  Eicher Motors: Royal Enfield launches electric motorcycle Flying Flea C6 at ₹2.79 Lk (Neutral)

  Poonawalla Fin: Company Likely to Launch QIP to Raise Funds to the Tune Of ₹5,000 Cr. (Neutral)

  Brand concepts Ltd: Company opens new “off-white” store at phoenix mall of Asia in Bangalore; store located at UG-14, mall of Asia, Yelahanka, Bengaluru. (Neutral)

  Tata consultancy services: Q4 cons net profit Rs 137b vs 106.6b (QoQ); est 137.28b, Q4 revenue Rs 707b vs 671b (QoQ); est 694b, Q4 EBIT Rs 178b vs 169b (QoQ); est 176b, Q4 EBIT margin 25.3% vs 25.17% (QoQ); est 25.4% (Neutral)

  JSW Steel Q4 Business Update: Crude Steel output falls 1% QoQ and 3% YoY (Neutral)

  Saatvik Green: Company reports the resignation of its CFO, Abani Kant Jha, effective April 7. Separately, it secured a Rs. 109 crore order from EPC players for the supply of Solar PV Modules. (Neutral)

  Ashoka Buildcon: Company has successfully redeemed Non-Convertible Debentures (NCDs) worth Rs. 100 crore. (Neutral)

  Grindwell Norton: Company has terminated its pact with Radiance MH Sunrise for the sourcing of green energy. (Neutral)

  IFB Industries: Company has appointed Sandeep Joseph Abraham as Managing Director and CEO for a five-year term. (Neutral)

  \u0009

  VA Tech Wabag: Company has executed a shareholders’ agreement with its joint venture entity, Ghaziabad Bioenergy. (Neutral)

  KEC International: Company has received a tax demand notice of Rs. 46 crore from the Income Tax Department. (Neutral)

  List of stocks included in the short term ASM Framework: Bhagiradha, Easy Trip, eMudhra, EPack, JTL Industries, Lloyds Enterprises, Sri Lotus, M&B Engineering, NACL, Websol Energy. (Neutral) 

  List of stocks excluded from ASM Framework: JSW Holdings. (Neutral) 

  *Jash Engineering Ltd Today, Final Dividend - Rs. - 0.6 (Neutral)

  Puretrop Fruits Ltd Ex-Date Today, Buy Back of Shares (Neutral)

  R M Drip Ltd Ex-Date Today, Bonus issue 5:7 (Neutral)

  SpiceJet: Company suffers A ₹70 Cr Hit, UK Court Directs Payment To Engine Lessor. (Negative)

• April 10, 2026 09:57

  Sector in focus : IT

  ADRs of Infosys and Wipro declined in US trading, reflecting subdued sentiment towards Indian IT stocks following the March quarter results of TCS. Infosys ADRs dropped 2.6%, while Wipro ADRs were down about 1-2% on the NYSE, indicating a potentially soft start for the sector.

  TCS announced its Q4FY26 earnings after market hours. It delivered a broadly in-line performance. In constant currency terms, revenue grew 1.2% QoQ, slightly ahead of street expectations and the IT firm’s strongest sequential growth in seven quarters.

  Net profit rose 29% QoQ to ₹13,718 crore matching estimates. Revenue increased 5% QoQ to ₹70,698 crore. The company declared a final dividend of ₹31 per share. Despite the steady numbers, ADR reactions suggest investors remain cautious on near-term demand visibility and global macro conditions.

  Separately, Wipro’s board will consider a share buyback on April 16, its first such move in nearly three years. The company last executed a ₹12,000 crore buyback in June 2023, repurchasing 26.96 crore shares at ₹445 apiece.

• April 10, 2026 09:57

  Bitcoin holds above $71,900; investors adopt wait-and-watch approach amid geopolitical uncertainty

  “Bitcoin is holding above the $71,900, as the recent ceasefire-driven rally shows signs of cooling while still maintaining key support levels. After briefly reclaiming $72,000 on the back of easing U.S.–Iran tensions, price action has stabilised, reflecting a pause rather than a reversal in trend.

  At the same time, broader macro conditions are continuing to support Bitcoin’s positioning. Weakening dollar dynamics, persistent inflation concerns, and ongoing institutional inflows are strengthening confidence in Bitcoin’s long-term value and supply dynamics, helping it sustain above the $70,000 level despite short-term volatility.

  However, the market remains highly sensitive to geopolitical developments, with uncertainty around the durability of the ceasefire acting as a key overhang. Any escalation could reintroduce downside pressure, with $68,000 emerging as an important support level, while the upside remains capped near the $74,000–$75,000 range in the near term.

  From an investor’s perspective, the current environment suggests a wait-and-watch approach, where participants are closely tracking macro cues and geopolitical signals. While near-term volatility may persist, the ability of Bitcoin to hold key support levels and attract steady inflows indicates underlying confidence, with investors likely positioning gradually for a potential breakout once uncertainty eases.” - Avinash Shekhar, Co-Founder & CEO, Pi42

• April 10, 2026 09:56

  Park Medi World rises 5% after launching Panchkula Hospital

  Park Medi World announced the launch of the Panchkula Hospital

  Shares traded at Rs 214.75 on the NSE, higher by 5%

• April 10, 2026 09:56

  Nifty outlook: 23,660 key support for bullish momentum; path open to 24,250 if held

  Vikram Kasat, Head Advisory, PL Capital

  The size of the drawdown that we’ve seen in equity markets, probably doesn’t feel big enough relative to the move and the shock that we saw in energy markets, but I think that’s reflective of a view that energy prices are likely to come down

  Our base case is one where energy prices continue to gradually move lower over the next three to six months. 

  We take a little bit of a hit to growth, a little bit of a pickup in inflation, but overall, that’s still a very constructive environment for equities, particularly as we get into earnings season, which we think will be really positive. 

  Nifty 23775.10 

  23660 remains the key support—holding above this level keeps the bullish momentum intact and opens the path toward 24250

  A breakdown below 23660 could lead to gap filling, dragging the index toward the 23200 zone.

• April 10, 2026 09:55

  Nifty today: Top gainers, losers at this hour of trade

  Top gainers of Nifty 50: Shriram Finance (+2.64%), Asian Paints (+2.27%), Axis Bank (+2.12%), ICICI Bank (+1.67%), Jio Financial (+1.64%)

  Top losers: Sun Pharma (-2.92%), TCS (-2.90%), Infosys (-2.73%), Tech Mahindra (-1.95%), HCL Tech (-1.94%)

• April 10, 2026 09:55

  Railtel jumps 4% after securing work order from Goa board

  Railtel Corporation Of India has received the Work Order from The Goa Building And Other Construction Workers Welfare Board.

  Shares surged 4% to Rs 292.57 on the NSE

• April 10, 2026 09:51

  Why India’s ₹5 pack won’t die, it’s getting lighter

  

  Why India’s ₹5 pack won’t disappear, just getting lighter

  FMCG firms cut pack sizes to protect ₹5 pricing amid rising costs. Shrinkflation returns as crude, commodities and packaging pressures hit margins.

• April 10, 2026 09:44

  Broker’s Call: Amagi Media Labs (Buy)

  

  Broker’s Call: Amagi Media Labs (Buy)

  Amagi Media Labs is a compelling buy with strong revenue growth and expanding margins; target price set at ₹450.

• April 10, 2026 09:44

  Broker’s Call: Aptus Value, Aadhar Housing Fin (Outperform)

  

  Broker’s Call: Aptus Value, Aadhar Housing Fin (Outperform)

  Bernstein maintains Outperform ratings on Aptus Value and Aadhar Housing Finance, citing strong growth and attractive valuations.

• April 10, 2026 09:42

  Key technical levels to watch

  Technically, Nifty faces immediate resistance at 23,850–23,900, with the key psychological barrier at 24,000 where heavy call open interest continues to cap gains. Support is placed at 23,650–23,700 on the downside.

• April 10, 2026 09:42

  FII outflows, volatility keep markets on edge

  Foreign institutional investors remained net sellers to the tune of approximately ₹1,711 crore in the previous session, while domestic institutional investors provided partial support with inflows of around ₹956 crore. India VIX closed at 20.4275, signalling elevated uncertainty and expectations of continued intraday swings.

  Ponmudi R, CEO of Enrich Money, observed that “...continuous institutional selling is capping upside momentum,” and that the market is now in a “...wait and watch phase — highly sensitive to news flow, with direction dependent on three key triggers: geopolitical developments, crude oil movement, and FII flow reversal.”

• April 10, 2026 09:42

  Financials, consumption stocks lend support

  For Indian equities, financial and consumption stocks provided support in early trade. Shriram Finance led Nifty gains, rising 3.14 per cent to ₹1,027.60. Axis Bank advanced 1.74 per cent to ₹1,341.40, while Bajaj Finserv climbed 1.69 per cent to ₹1,797.50. Asian Paints rose 1.68 per cent to ₹2,307.80, and Eicher Motors gained 1.64 per cent to ₹7,264.50.

  Aakash Shah, Technical Research Analyst at Choice Equity Broking, pointed out that “...selective resilience was seen in IT and metal stocks,” though financials and banking counters saw notable pressure in the previous session after a sharp rally.

• April 10, 2026 09:41

  IT stocks drag markets

  The IT sector was the biggest drag on the indices. TCS fell 1.78 per cent to ₹2,543 after reporting its January–March quarter results. Infosys dropped 2.13 per cent to ₹1,303.30, Tech Mahindra declined 1.44 per cent to ₹1,440.60, and HCL Technologies slipped 1.29 per cent to ₹1,446. Hariprasad K, SEBI-registered Research Analyst and Founder of Livelong Wealth, said TCS “...delivered a steady quarter with profit growth and a healthy dividend announcement, offering near-term comfort,” but added that “...relatively muted full-year growth signals that demand visibility remains moderate, which could keep the broader IT pack range-bound.”

  Sun Pharmaceutical was the steepest Nifty loser, falling 3.63 per cent to ₹1,654.80, with heavy volumes of over 10.44 lakh shares traded.

• April 10, 2026 09:41

  Rupee hits record low, RBI acts

  The Indian Rupee hit a fresh record low on Friday, touching 93.98 against the US Dollar. The Reserve Bank of India responded by imposing a uniform $100 million limit on the net open foreign exchange positions of banks, replacing the previous flexible cap of 25 per cent of capital. Banks have been directed to unwind large currency positions by April 10. Vakil noted the RBI “...shifted its strategy from direct market intervention to regulatory tightening to preserve its war chest.”

• April 10, 2026 09:40

  Crude surge fuels inflation concerns

  Brent crude surged on fresh Houthi missile and drone strikes on Israel, putting it on track for a record monthly gain. Crude hovering in the ₹90–100 range per barrel is keeping inflation expectations elevated and raising concerns over India’s current account and fiscal position.

  Devarsh Vakil, Head of Prime Research, HDFC Securities, noted that “...the week underscored a shift toward risk-off positioning, with traders repricing the odds of an extended geopolitical standoff and higher-for-longer rates.”

• April 10, 2026 09:40

  Global cues remain mixed

  The uptick came despite a weak close on Wall Street, where the S&P 500 fell approximately 2.1 per cent to close at 6,369, suffering its fifth consecutive weekly loss — its longest losing streak in nearly four years. The Nasdaq Composite slipped approximately 3.2 per cent, marking its worst weekly performance since the start of the US–Iran co

• April 10, 2026 09:33

  Follow our Q4 live updates here:

  

  Q4 Results 10th Apr Live Today: TCS, Anand Rathi, GM Breweries in focus following Q4 results, Agri-Tech, Eco Hotels and Resorts, Vashu Bhagnani Industries to announce Q4 results today

  Q4 Results Today, 10th April 2026 Live Updates: Find all the latest Q4 results 2026 updates of Agri-Tech (India) Ltd, Eco Hotels and Resorts Ltd, Vashu Bhagnani Industries Ltd. TCS, Anand Rathi, GM Breweries in focus following Q4 results.

• April 10, 2026 09:32

  TCS shares fall 2% despite 12% rise in Q4 net profit

  TCS stock declined 2% to Rs 2,539.30 on the NSE after a flat opening at Rs 2,565.80 against the previous close of Rs 2,589.

  The IT major reported a 12% year-on-year rise in net profit to ₹13,784 crore for Q4 FY2025–26, driven by strong revenue growth and higher order bookings. On a sequential basis, net profit jumped 28.5%, mainly due to one-time expenses incurred in the previous quarter.

• April 10, 2026 09:32

  Brent crude futures edge up on Hormuz disruptions, Saudi attack reports

  

  Brent crude futures edge up on Hormuz disruptions, Saudi attack reports

  Brent crude futures rise amid disruptions in the Strait of Hormuz and reported attacks on Saudi oil facilities.

• April 10, 2026 09:26

  Brent crude edges up amid Strait of Hormuz disruption; MCX crude jumps over 2%

  Brent crude oil futures traded marginally higher on Friday morning following the disruption in the movement of oil tankers through the Strait of Hormuz and reports of attacks on Saudi Arabia’s oil infrastructure. At 9.19 am on Friday, June Brent oil futures were at $96.10, up by 0.19 per cent, and May crude oil futures on WTI (West Texas Intermediate) were at $97.71, down by 0.16 per cent. April crude oil futures were trading at ₹9133 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹8933, up by 2.24 per cent, and May futures were trading at ₹8443 against the previous close of ₹8325, up by 1.42 per cent.

• April 10, 2026 09:25

  OPENING BELL: Sensex jumps 520 points, Nifty gains 172 points in early trade

  Sensex climbed 520.07 pts or 0.68% to 77,151.72 at 9.17 am after opening at 77,121.01 from the previous close of 76,631.65, and Nifty50 rose by 171.90 pts or 0.72% to 23,947.00

• April 10, 2026 09:23

  Debt auction adds fresh pain to India bonds hit by oil prices

  

  Debt auction adds fresh pain to India bonds hit by oil prices

  India's bond market faces challenges from a large debt auction and rising oil prices amid geopolitical tensions.

• April 10, 2026 09:09

  Gold prices see worst monthly fall since 2013 with 12% drop in March: World Gold Council

  

  Gold prices see worst monthly fall since 2013 with 12% drop in March: World Gold Council

  Gold prices plummet 12% in March, marking the steepest decline since 2013, according to the World Gold Council.

• April 10, 2026 08:48

  Zerodha’s Coin app adds fixed deposits, expands beyond mutual funds

  

  Zerodha’s Coin app adds fixed deposits, expands beyond mutual funds

  Zerodha’s Coin app now offers fixed deposits, enhancing long-term savings with a unified platform for various investment options.

• April 10, 2026 08:47

  Exchanges extend IPO approval validity for SMEs

  

  Exchanges extend IPO approval validity for SMEs

  Exchanges extend SME IPO approval validity, providing relief amid weak market conditions and supporting delayed public issues.

• April 10, 2026 08:47

  Bitcoin holds near $71,000 as markets weigh geopolitics and macro signals

  

  Bitcoin holds near $71K as markets weigh geopolitics and macro signals

  Bitcoin hovers around $71,000 as markets navigate geopolitical tensions and macroeconomic signals, reflecting cautious investor sentiment.

• April 10, 2026 08:46

  Analysis: TCS Q4 results: Staying in purgatory for a while

  

  TCS Q4 results: Staying in purgatory for a while

  TCS Q4 results reflect uncertainty amid AI disruption, keeping investors cautious despite attractive valuations and past performance.

• April 10, 2026 08:46

  Banks close out bulk of their long dollar positions ahead of RBI’s April 10 deadline

  

  Banks close out bulk of their long dollar positions ahead of RBI’s April 10 deadline

  Banks have largely unwound long dollar positions ahead of RBI's April 10 deadline, boosting the rupee's value significantly.

• April 10, 2026 08:45

  NSE plans ₹23,000-crore IPO filing by early May

  

  NSE plans ₹23,000-crore IPO filing by early May

  NSE plans a ₹23,000-crore IPO filing by early May, aiming for attractive valuation despite recent profit declines.

• April 10, 2026 08:43

  CCI cracks down on bid rigging in Assam police housing tenders, 17 entities penalised

  

  CCI orders 17 firms to stop bid rigging in Assam police electrification tenders

  CCI directs 17 firms to cease bid rigging in Assam police tenders, citing cartel practices like bid rotation and cover bidding in electrification projects.

• April 10, 2026 08:39

  Kuwait accuses Iran, proxies of attack; Saudi says key pipeline damaged

  

  Kuwait claims Iran, proxies attacked it; Saudi flags damage to key pipeline

  Kuwait accuses Iran of drone attacks as ceasefire strains deepen. Saudi pipeline hit, Trump questions deal, raising concerns over oil routes and stability.

• April 10, 2026 08:24

  IAEA hails India’s fast breeder reactor as breakthrough in nuclear energy

  

  Global agencies praise India’s fast breeder reactor milestone

  India achieves PFBR criticality at Kalpakkam, earning IAEA praise. Milestone boosts nuclear fuel sustainability and supports long-term energy goals.

• April 10, 2026 08:12

  Real estate insolvency should focus on project completion, says IBBI panel

  

  IBBI panel suggests project-centric approach for real estate insolvency resolution

  IBBI panel recommends project-centric approach for real estate insolvency, focusing on timely completion of housing projects and better protection for homebuyers.

• April 10, 2026 08:03

  Shipping risks rise in Strait of Hormuz as Iran control persists

  

  Iran control of Strait of Hormuz in focus as tanker turns back, Trump raises concerns

  Iran control of Strait of Hormuz raises concerns as tanker turns back and shipping slows, while Trump questions ceasefire and flags risks to oil flows.

• April 10, 2026 07:58

  Hyatt eyes acquisitions to scale up India presence fivefold in five years

  

  Hyatt plans fivefold growth in India, explores acquisitions to expand footprint

  Hyatt plans rapid India expansion with acquisitions and new hotels, targeting fivefold growth as demand for luxury travel rises across metros and smaller cities.

• April 10, 2026 07:48

  WATCH: Today's stock recommendation

• April 10, 2026 07:42

  TCS Q4 results: Net profit grows 12% to ₹13,784 crore

  

  TCS Q4 Results: Net profit grows 12% to ₹13,784 crore

  TCS exceeds fourth-quarter revenue expectations, driven by strong performance in banking and consumer segments.

• April 10, 2026 07:28

  Instl. Investors EQUITY Cash Trades PROV. - 09/04/2026 

  Rs. CRS. : 

  FIIS : SELL -1,711 (15,746-17,457)

  DIIS : BUY +956 (15,968-15,012)

• April 10, 2026 07:16

  US economy grows at sluggish 0.5 per cent in fourth quarter after shutdown impact

  The American economy, slowed by last fall’s 43-day government shutdown, grew at a sluggish 0.5 per cent annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate.

  US gross domestic — the nation’s output of goods and services — decelerated in the fourth quarter after registering impressive growth of 4.4 per cent from July through September and 3.8 per cent from April through June. -AP-PTI

• April 10, 2026 07:03

  Gift Nifty signals gap-up opening as global cues lift market sentiment

  The snake-and-ladder game will play out again in the markets on Friday as well, with Gift Nifty indicating a healthy start. Positive global cues and confused signals from Iran-US corridors continue to keep marketmen disquiet. - Our Bureau

• April 10, 2026 06:50

  9 stocks to watch including Wipro, Poonawalla Fincorp, Prestige Estates and Amagi Media Lab on Friday

  

  9 stocks including Wipro, Poonawalla Fincorp, Prestige Estates, Amagi Media Lab, Ashiana Housing will remain in focus on Friday

  Wipro considers buyback, Poonawalla Fincorp launches ₹2,500 crore QIP, Prestige expands Mumbai project and other key corporate updates from India.

• April 10, 2026 06:40

  TCS Q4 results: Staying in purgatory for a while

  

  TCS Q4 results: Staying in purgatory for a while

  TCS Q4 results reflect uncertainty amid AI disruption, keeping investors cautious despite attractive valuations and past performance.

• April 10, 2026 06:40

  Lead futures: Price could rise

  

  Lead futures: Price could rise

  Positive outlook for lead futures; consider going long at ₹195 with a target of ₹203 and a stop-loss at ₹192.

• April 10, 2026 06:39

  Trading Guide for April 10, 2026: Intraday supports, resistances for Nifty50 stocks

  

  Day Trading Guide for April 10, 2026: Intraday supports, resistances for Nifty50 stocks

  Discover key intraday supports, resistances, and trade recommendations for Nifty50 stocks in this April 10, 2026 day trading guide.

• April 10, 2026 06:34

  Stock to buy today: Belrise Industries (₹202.20)

  

  Stock to buy today: Belrise Industries (₹202.20)

  Buy Belrise Industries stock at ₹202; accumulate more at ₹198, targeting ₹225 with strategic stop-loss adjustments.

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