Sensex rises 200 pts, Nifty around 23,750; Grasim, Apollo, BEL top gainers

The Nifty50 and the Sensex advanced, tracking gains in global equities on hope for peace between the US and Iran.

As of 10:00 AM, the Nifty50 was up 151.30 points or 0.64 per cent at 23,808.25, and the Sensex rose 393.31 points or 0.52 per cent to 75,719.36.

In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.62 per cent and 0.95 per cent higher, respectively.

Sector-wise, the Nifty Cement and the Nifty Realty outperformed. The Nifty Media and the Nifty PSU Bank were also leading gains. Meanwhile, the Nifty IT underperformed.

US President Donald Trump said that his administration is in the final stage of negotiations with Iran, according to a White House Pool report. This raised hopes of an easing of hostilities in West Asia and a potential end to energy disruptions.

Q4 results today

Dr. Agarwals Health Care, Ashoka Buildcon, Aurobindo Pharma, Bikaji Foods International, Balmer Lawrie Investments, Datamatics Global Services, Dee Development Engineers, Emami, Engineers India, Flair Writing Industries, Gail (India), Ganesha Ecosphere, GMM Pfaudler, GMR Power and Urban Infra, Happy Forgings, Hindustan Foods, Honasa Consumer, ICRA, Igarashi Motors India, ITC, Le Travenues Technology, Juniper Hotels, LG Electronics India, Life Insurance Corporation of India, Lux Industries, Laxmi Organic Industries, Max Healthcare Institute, Mahanagar Telephone Nigam, Navneet Education, Nucleus Software Exports, FSN E-Commerce Ventures, Page Industries, Prestige Estates Projects, Quick Heal Technologies, RateGain Travel Technologies, Rashtriya Chemicals and Fertilizers, Repco Home Finance, Reliance Power, RPSG Ventures, Sandhar Technologies, Sharda Motor Industries, Sun TV Network, Vaibhav Global, Vintage Coffee And Beverages, VA Tech Wabag, Wakefit Innovations, Welspun Corp, WeWork India Management, JSW Cement Sudeep Pharma, India Tourism Development Corporation, Shanti Educational Initiatives, Alpex Solar, and DP Abhushan will release their fourth-quarter result (Q4FY26).

IPO Today

Teamtech Formwork Solutions’ initial public offer will enter its final day of subscription. It’s a book-build issue of ₹50.15 crore.

Vegorama Punjabi Angithi IPO and Harikanta Overseas IPO will enter their second day of subscription on Thursday.

Bio Medica Laboratories and Autofurnish IPOs will open for subscription on Thursday. Both are book-build issues worth ₹52.43 crore and ₹14.60 crore, respectively.

Similarly, Q-Line Biotec IPO will also open for subscription. The company is seeking to raise ₹214.48 crore.