Updated: April 10, 2026 3:21:26 PM IST
National Stock Exchange building in Bandra Kurla Complex, Mumbai.
India’s stock market opened with gains today, even as concerns over the durability of the US-Iran ceasefire may keep risk appetite in check. Tata Consultancy Services Ltd. declined after fourth-quarter earnings. The 30-share S&P BSE Sensex rose 1.29 or 990.85 points to hit an intraday high of 77,622.50, while the broader NSE Nifty 50 reclaimed the 24,000-level. Thirteen of the 15 sectoral indices compiled by NSE declined, led by Nifty IT, while Nifty Media emerged as the top gainer.
TCS finished FY2016 with a modest improvement in quarterly growth, but it was not enough to offset the broader slowdown, pushing it to its first full-year revenue decline in dollar terms since listing.
Foreign portfolio investors sold Indian stocks on Thursday, taking total outflows so far in April to $4.9 billion.
“Going forward, a major pressure on the market will be FPI selling,” VK Vijayakumar, chief investment strategist at Geojit Investments Ltd., said in an email. “It appears that FPIs are determined to sell in India and shift money to other markets such as South Korea and Taiwan, where earnings growth prospects are much better in 2026. However, this will be a short-term approach.”
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TCS finished FY2016 with a modest improvement in quarterly growth, but it was not enough to offset the broader slowdown, pushing it to its first full-year revenue decline in dollar terms since listing.
Foreign portfolio investors sold Indian stocks on Thursday, taking total outflows so far in April to $4.9 billion.
“Going forward, a major pressure on the market will be FPI selling,” VK Vijayakumar, chief investment strategist at Geojit Investments Ltd., said in an email. “It appears that FPIs are determined to sell in India and shift money to other markets such as South Korea and Taiwan, where earnings growth prospects are much better in 2026. However, this will be a short-term approach.”
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April 10, 2026 3:18:12 pm First
Sensex Nifty Live: ITC, Godfrey Phillips in focus
Shares of ITC Ltd and Godfrey Phillips India Ltd are in focus today after reports that cigarette sales fell 5% in March and further declined in April as a direct impact of the hike in goods and services tax on so-called sin goods.
According to Informist, the biggest decline was seen in demand for 67-mm cigarettes. Geographically, cigarette sales were most affected in eastern India.
April 10, 2026 10:29:07 am First
Sensex Nifty Live: Nifty 50 Profit and Loss
The 30-share S&P BSE Sensex rose 1.13% or 869.31 points to hit an intraday high of 77,501.40, while the broader NSE Nifty 50 reclaimed the 24,000-level.
Thirteen of the 15 sectoral indices compiled by NSE declined, led by Nifty IT, while Nifty Media emerged as the top gainer.
Only seven of the Nifty 50 stocks are in the red, with Asia Paints Ltd emerging as the top gainer and Sun Pharmaceutical Industries Ltd emerging as the top loser.
April 10, 2026 10:17:09 am First
Sensex Nifty Live: Geojit highlights 52-week high amid volatility
“It is important to note that even in this challenging market environment many stocks are touching 52-week highs, even all-time highs,” VK Vijayakumar, chief investment strategist at Geojit Investments Ltd., said in an email.
“Investors can look at these stocks and analyze the reasons behind the resilience of such stocks. Stocks with fundamentally strong growth will perform well even during weak market conditions.”
April 10, 2026 10:10:56 am First
Sensex Nifty Live: Wipro surges amid buyback plans
Wipro Ltd shares rose up to 2.87% ₹The price of each share on the National Stock Exchange rose to Rs 208.70 after the IT firm announced plans to consider its first share buyback in three years.
The board of directors will discuss the Wipro buyback plan along with the company’s quarterly results on April 16.
As of December 31, 2026, the Bengaluru-based company had ₹It has Rs 57,394 crore cash in its books. It has committed to distribute over 70% of net income to shareholders between FY26 and FY28.
April 10, 2026 10:00:33 am First
Sensex Nifty Live: Rupee strengthens against US dollar
The rupee rose 10 paise to 92.41 against the US dollar in early trade today, even as the USD/INR pair faces risks from rising global tensions, especially the US-Iran conflict.
Forex traders said the rupee is likely to see higher volatility intraday as the deadline for RBI instructions to banks to limit their overnight positions to $100 million expires today.
At the interbank foreign exchange market, the rupee opened at 92.58 against the US dollar, then rose to 92.41 against the US dollar in early trade, registering a gain of 10 paise over its previous close.
On Thursday, the rupee closed at 92.51 against the US dollar with a marginal gain of 3 paise.
April 10, 2026 9:55:48 am First
Nifty 50 may face hurdle at 24,000. here’s why
Options traders are bracing for renewed turmoil in India’s stock market as diplomatic friction threatens to undermine the fragile US-Iran ceasefire.
A day ahead of high-stakes talks in Pakistan, Thursday’s NSE data revealed an increase in options selling. Activity suggests that Nifty 50 will face stiff resistance at 24,000 points, while negative support is expected to remain between 23,000 and 23,500 till Tuesday. Read more.
April 10, 2026 9:35:12 am First
Sensex Nifty Live: TCS drags most IT stocks except Wipro
The Nifty IT index, a gauge of India’s biggest IT stocks, fell today after IT giant Tata Consultancy Services Ltd reported a decline in annual dollar revenue for the first time since its listing in FY26. Only Wipro Ltd reversed the trend after the Bengaluru-based company announced a share-buyback plan.
April 10, 2026 9:21:13 am First
Sensex Nifty Live: TCS down 1.9% after Q4 results
Shares of Tata Consultancy Services Ltd fell by 2.23% ₹The shares traded at Rs 2,530.00 each on the BSE after India’s IT giant reported a decline in annual dollar revenue for the first time since listing.
April 10, 2026 9:02:14 am First
SpiceJet fined $8 million in UK
A British court has ordered India’s SpiceJet Ltd. to pay the plane’s engine leasing company nearly $8 million for unpaid rental and maintenance fees on three engines, the latest blow to the cash-strapped airline. Read more.
April 10, 2026 8:45:54 am First
Reliance rations fuel at Jio-BP petrol pumps
Reliance Industries Ltd has limited fuel purchases at its petrol pumps as supplies are being disrupted despite a temporary ceasefire due to the Iran war. Read more.
April 10, 2026 8:25:24 am First
Sensex Nifty Live: Stocks to watch today
• JSW Steel Ltd reported 8% year-on-year growth in total crude steel production in FY26.
• Ashiana Housing Ltd buys 28.55 acres of land in Pune with sale price potential ₹1,800 crores.
• Container Corp. posted total throughput of 1.4 million TEU, up 6% year-over-year.
