Global markets show mild optimism with gains in US and mixed global cues, while Gift Nifty indicates weakness. FIIs remained sellers, offset by DII buying. Key earnings from major firms are due. Metals lead commodities, energy mixed. Corporate updates are largely positive, though some earnings misses and regulatory concerns persist.
Global Market Futures (as of 06:15 AM IST)
US Market (Futures)
- Nasdaq: +0.67%
- Dow Jones: +0.46%
- S&P 500: +0.53%
European (Futures)
- Ftse 100: +0.12%
- Cac 40: -0.14%
- Dax: +0.32%
Asian
- NIKKEI 225: +0.11%
- KOSPI: +0.01%
- ASX 200: -0.65%
Gift Nifty (Prev Close): 24369.00 (-0.84%)
FII and DII Trading Activity April 21, 2026 in Cash
FIIs / FPIs: Net Sell of ₹1918.99 crores
DIIs: Net Buy of ₹2221.27 crores
Key Results Today
SBI Life Insurance Company, Tech Mahindra, Trent, Bharat Coking Coal, Delta Corp, Havells India, L&T Technology Services, Maharashtra Scooters, Oracle Financial Services Software, Sangam India, and Tata Communications will announce their quarterly earnings on April 22.
Commodity Market Updates
International commodity markets are trading with a positive bias in metals, while energy remains mixed. Gold is strong, with prices around 4,761.86, and spot XAU/USD at 4,744.20, reflecting continued safe‑haven demand. Silver is outperforming at 77.47, posting the sharpest percentage gain among metals. Copper remains steady at 6.0248, indicating stable industrial sentiment. In energy, WTI crude is marginally higher at 89.73, whereas Brent crude has softened to 98.59, suggesting near‑term supply‑demand balancing. Meanwhile, natural gas is under slight pressure at 2.684. Overall, precious metals are leading gains, while energy markets show subdued and mixed price action.
Key Corporate Updates
Positive
- Mphasis: Acquired Theory and Practice Business Intelligence Inc. for CAD 10 million upfront plus up to CAD 20 million in contingent consideration, strengthening its decisioning intelligence capabilities and expanding analytics‑led offerings.
- Central Mine Planning & Design Institute (CMPDI): Reported March‑quarter revenue from operations of Rs 8.27 billion and profit from continuing operations of Rs 1.88 billion, and recommended a dividend of Rs 1.06 per share.
- Sunteck Realty: Reported March‑quarter consolidated revenue from operations of Rs 3.39 billion and consolidated net profit of Rs 637.5 million, and recommended a final dividend of 150% or Rs 1.50 per share.
- Tata Investment Corporation: Reported March‑quarter consolidated net profit of Rs 638.3 million and recommended a final dividend of Rs 3.40 per share.
- Tata Elxsi: Reported March‑quarter revenue from operations of Rs 9.94 billion, broadly in line with estimates, while net profit of Rs 2.20 billion beat estimates of Rs 1.86 billion; board also recommended a dividend of Rs 75 per equity share.
- HCLTech: Annualized advanced AI revenues crossed $620 million in Q4, Q4 total contract value of new deal wins came in at $1.936 billion, and the company declared a dividend of Rs 24 per share.
- PNC Infratech: Emerged as L1 bidder in two national highway projects worth Rs 34.83 billion, strengthening order book visibility.
- Rajratan Global Wire: Profit rises 1.5% to Rs 15.4 crore versus Rs 15.2 crore. Revenue surges 25% to Rs 314.3 crore versus Rs 251.4 crore.
- KNR Constructions: Received claims of Rs 917.9 million along with interest of Rs 383.1 million, supporting cash flow outlook.
- Karnataka Bank: Partnered with Pine Labs for point‑of‑sale services, which should strengthen merchant acquiring and digital payment capabilities.
- Rudra Gas Enterprise: Won a contract to transport compressed biogas to Gujarat Gas, expects monthly billing of about Rs 10 million at current pricing, and will enter a tripartite agreement with GAIL and Gujarat Gas.
- Seamec: Vessel Seamec Agastya returned to the field after technical redressal, indicating operational normalization.
- Cyient DLM: Reported March‑quarter consolidated revenue from operations of Rs 3.69 billion and consolidated net profit of Rs 224.4 million.
- Advait Energy Transitions: Received an order worth Rs 277.4 million from PTCUL for 132 kV line conductor replacement.
- Amara Raja Energy & Mobility: Crossed 1 GWh of lithium storage deployment in India’s telecom networks, reflecting scale‑up in new‑energy solutions.
- 360 One WAM: Reported March‑quarter consolidated total revenue from operations of Rs 11.15 billion and profit of Rs 2.89 billion, and approved a dividend of Rs 6 per share.
- Transformers & Rectifiers (India): Reported March‑quarter consolidated revenue from operations of Rs 7.83 billion and consolidated net profit of Rs 892.8 million.
- BEML: Secured an order worth Rs 5.9 billion.
- Persistent Systems: Reported March‑quarter consolidated revenue from operations of Rs 40.56 billion and consolidated profit of Rs 5.29 billion, and declared a dividend of Rs 18 per share.
- Aeroflex Enterprises: Shareholding in M.R. Organisation increased from 64% to 68%, indicating higher promoter or strategic ownership concentration.
- S.P. Apparels: Invested Rs 63.2 million in equity in S.P. Apparels CJK Pvt Ltd, reflecting continued investment in subsidiary operations.
- RPSG Ventures: Incorporated RPSG Brands MENA to explore FMCG trading opportunities in India and overseas markets.
- Shakti Pumps (India): Invested Rs 100 million in its unit, signaling capacity or business expansion support.
- Indian Terrain Fashions: Re‑appointed Venkatesh Rajagopal as Executive Chairman and Charath Ram Narasimhan as Managing Director and CEO, providing leadership continuity.
- Geetanjali Credit and Capital: Appointed Dharmendra Vyas as Managing Director.
- IKS Health: The Company and Ceralytics expanded their strategic partnership with a new agentic AI and expert‑in‑the‑loop oversight to improve healthcare workflows and patient journey outcomes.
Negative
- HCLTech: Q4 consolidated revenue from operations of Rs 339.81 billion missed estimates of Rs 342.36 billion and Q4 consolidated net profit of Rs 44.88 billion missed estimates of Rs 46.57 billion; management said performance was below expectations due to lower discretionary spending and delayed decision‑making, flagged two client‑specific issues in the Americas causing significant ramp‑downs and a 50 bps headwind to FY27 growth, cited softness in telecom discretionary spending, and indicated the lower end of FY27 constant‑currency revenue growth guidance of 1‑4% assumes continued weakness and possible worsening in two client reductions.
- CG Power and Industrial Solutions: Received an order from the Income Tax Department for AY2022‑23 involving additional disallowance of Rs 214.3 million.
- AB InBev: India’s antitrust body has made the company a party to a retailer cartel investigation, creating legal and regulatory risk.
- Aditya Birla Capital: Board will consider fund raising via debt issue, which indicates incremental leverage raising.
- Regency Fincorp: Will consider issuance of non‑convertible debentures, implying planned borrowing.
- Mukka Proteins: Entered into a loan agreement of up to Rs 50 million with United Gulf Fishery Products, reflecting funding exposure or credit deployment.
Neutral / Others
- HDFC Life: Approved the re‑appointment of Vibha Padalkar as Managing Director and CEO.
- State Bank of India: Promoted eight officials as Deputy Managing Directors with effect from April 21, 2026.
- L&T Finance: Allotted non‑convertible debentures worth Rs 5 billion.
- Sterlite Technologies: Board to consider fund raising in the upcoming Board Meeting.
Non‑Corporate, Unlisted & Foreign / Macro
1) Reserve Bank of India: Issued consolidated directions on Digital Payments – E‑Mandate Framework, 2026.
2) India 10‑year benchmark bond: Yield ended marginally lower at 6.8894% versus previous close of 6.8901%, indicating a largely stable sovereign rate environment.
3) Russia oil output / India imports: Russia’s oil output reportedly declined by 300,000‑400,000 bpd in April versus the average of the first months of the year, but U.S. waivers are expected to keep Russian oil exports to India near record highs, with supplies to India seen exceeding 2 million bpd in April‑May on strong demand.
4) India Government – Defence: Defence Ministry signed Rs 9.75 billion worth of pacts for tank assembly for the Indian Army.
5) India Government – Aviation: India is engaging with the UAE on current restrictions affecting airlines.
6) Arcelik / Hitachi JV: Turkish home appliance maker Arcelik will sell a 60% stake in its Hitachi joint venture.
7) Prestige Assurance Plc: Market capitalization was reported at nearly 18.82 billion naira.
8) Airtel Africa Plc: Share price was unchanged amid limited trading activity.
Bulk and Block Deals
Onesource Specialty Pharma
Fidelity Securities Fund acquired a 1.76% stake (20.17 lakh shares) in Onesource for Rs 308.7 crore at Rs 1,530 per share. Meanwhile, Authum Investment and Nova Global Opportunities Fund partially exited, selling stakes worth Rs 118.9 crore and Rs 161.85 crore, respectively.
Shringar House of Mangalsutra
Thakkar Vardhilal Shivrambhai fully exited Shringar House by selling 15.55 lakh shares worth Rs 31.9 crore. Buyers included Wiinance Financial Services and Arthkumbh Ventures, who acquired stakes separately at slightly different prices, splitting the total shareholding between them.
Shyam Telecom
Meghna Agarwal purchased a 0.97% stake in Shyam Telecom, acquiring 1.09 lakh shares at Rs 12.81 each. The total transaction value stood at approximately Rs 14.01 lakh, indicating a modest but notable individual investment in the company.
Mayasheel Ventures
Capacious Wealth Management LLP sold 1.11 lakh shares in Mayasheel Ventures at Rs 50.66 per share, amounting to Rs 56.23 lakh. The transaction reflects a partial exit by the firm, though details about the buyer were not disclosed.
On‑going IPO
NIL
Upcoming IPO
April 23 to April 27
Adisoft Technologies Ltd (NSE SME)
Leapfrog Engineering Services Ltd (BSE SME)
Securities Trading Ex‑Dividend on April 22, 2026
CIE Automotive India Ltd, Sanofi India Ltd
Securities Trading Ex‑Income Distribution on April 22, 2026
Property Share Investment Trust – Propshare Platina (InvIT), Propshare Titania SM REIT (RITES)
Securities Under F&O Ban on April 22, 2026
SAIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
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