The Nifty50 and the Sensex fell as concern about the US-Iran relationship weighed on investors’ minds.
As of 10:00 AM, the Nifty50 was down 73.55 points or 0.31 per cent at 23,543.80, and the Sensex fell 268.96 points or 0.36 per cent to 74,931.89.
In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.33 per cent and 0.61 per cent down, respectively.
Sector-wise, the Nifty Realty, the Nifty PSU Bank, the Nifty Chemical, and the Nifty Auto declined the most. The Nifty Pharma outperformed.
The US President Donald Trump has threatened Iran with a ‘big hit’ if no deal is reached soon. The lingering US-Iran tensions resulted in a spike in US bond yields as investors feared inflation may increase in the near future. The yields on longer-dated securities hit a multi-decade high.
Q4 results today
Action Construction Equipment, Apollo Hospitals Enterprise, Arvind SmartSpaces, Bosch, Carysil, Garware Technical Fibres, Grasim Industries, Honeywell Automation India, International Gemological Institute, Indiqube Spaces, IOL Chemicals & Pharmaceuticals, JK Lakshmi Cement, Jubilant FoodWorks, LMW, Medplus Health Services, Metro Brands, Moschip Technologies, Samvardhana Motherson International, Protean eGov Technologies, Saatvik Green Energy, Sanghvi Movers, TeamLease Services, Veedol Corporation, Xpro India, Exicom, and Share India Securities will release their fourth-quarter result (Q4FY26).
IPO Today
NFP Sampoorna Foods’ initial public offer will enter its final day of subscription. The company is seeking to raise ₹24.53 crore from the primary markets.
Teamtech Formwork Solutions IPO will enter its second day of subscription . It’s a book-build issue of ₹50.15 crore.
Vegorama Punjabi Angithi IPO and Harikanta Overseas IPO will open for subscription on Wednesday.
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