Indian Equities Break Five-Day Losing Streak
Indian equities broke their five-day losing streak to end near day’s high as India-US trade deal hopes, and earnings season ignited a sharp rebound. Nifty had fallen below the 25,000 levels but closed near 25,800.
Intraday, both Nifty and Sensex fell nearly 0.90% but after it saw a sharp recovery it rose as much as 0.50%.
Nifty and Sensex Performance
Nifty ended 106.95 points or 0.42% higher at 25,790.25. Nifty recovered over 300 points from the day’s low. Sensex ended 301.93 points or 0.36% higher at 83,878.17.
Wall Street witnessed a tumultuous session as stocks and bonds rebounded from early losses, but the atmosphere remained cautious due to the Trump administration’s escalated attack on the Federal Reserve.
Global Market Trends
Shares of major financial institutions, including Capital One Financial Corp., American Express Co., and JPMorgan Chase & Co., plummeted following President Donald Trump’s call to cap credit card interest rates at 10% for a year. The yield on 10-year Treasuries rose by two basis points to 4.19%, and the dollar gauge declined by 0.2%.
The S&P 500 rose 0.2% as of 4 p.m. New York time while the Nasdaq 100 was little changed. The Dow Jones Industrial Average rose 0.2% and The MSCI World Index rose 0.2%, reports Bloomberg.
Asian Market Trends
Asian shares are trading near record highs, driven by optimism over earnings and regional economic growth. Investors are increasingly looking beyond US markets, with the MSCI Asia Pacific Index rising 0.9% for the second consecutive day. This growth has allowed Asian shares to outpace the S&P 500, despite the US benchmark reaching a record high with a 0.2% increase.
The S&P 500’s performance has been strong, but Asian markets are gaining attention due to their growth potential. Equity-index futures for US stocks slightly declined by 0.2% in early Asian trading.
Commodity Market Update
Gold steadied after surging on Monday on worries over the Federal Reserve’s independence as the Trump administration threatened the central bank with a criminal indictment.
Bullion traded near $4,588 an ounce after jumping 2% in the previous session. Spot gold fell 0.2% to $4,587.96 an ounce as of 7:37 a.m. Singapore time. Silver dropped 1.4% after surging by more than 6% on Monday, reports Bloomberg.
Oil traded near the highest level since early December after US President Donald Trump said he is imposing a 25% tariff on goods from countries “doing business” with Iran after a wave of deadly unrest in the OPEC member. West Texas Intermediate climbed toward $60 a barrel after jumping more than 6% over the previous three sessions, while Brent closed below $64 on Monday, Bloomberg reported.
Corporate Earnings Update
TCS Q3FY26 Results (Cons QoQ)
Revenue up 1.95% at Rs 67087 crore versus Rs 65799 crore (Est Rs.66,892.90 crore)
Ebit up 1.95% at Rs 16889 crore versus Rs 16565 crore (Est Rs. 16,658.50 crore)
Ebit margin flat at 25.17% versus 25.17% (Est 24.90% )
Net profit down 11.74% at Rs 10657 crore versus Rs 12075 crore (Est Rs. 12,868.39 crore).
HCL Technologies Q3 FY26 Results (Cons QoQ)
Revenue up 6.04% at Rs 33872 crore versus Rs 31942 crore.
Ebit up 14.23% at Rs 6285 crore versus Rs 5502 crore.
Ebit margin up 133 bps at 18.55% versus 17.22%.
Net profit down 3.77% at Rs 4076 crore versus Rs 4236 crore.
Other Market News
Anand Rathi (Cons, YoY)
Total Income down 0.4% At Rs 306 crore versus Rs 307 crore QoQ
Revenue 289.62 crore vs 237.04 crore(+22.18% YoY & -2.60% QoQ)
PAT 100.19 crore vs 77.30 crore(+29.61% YoY & +0.29% QoQ)
AUM And Inflows
AUM: Rs 99,008 crore, +30% YoY.
Mutual fund distribution revenue: Rs 366 crore, +21% YoY.
Net inflows: Rs 10,078 crore, +10% YoY (Equity MF: Rs 6,082 crore, +4% YoY).
To know more about the stock market news and its trends, you can visit our website.
For more information on Nifty trends and Sensex news, you can check out our latest articles.
Investors can also learn about Q3 results and their impact on the market.
Conclusion
In conclusion, the Indian stock market has shown a significant recovery after a five-day losing streak. The Nifty and Sensex have risen, and the global market trends are also showing a positive sign. The corporate earnings update has also shown a mixed result, with some companies showing a rise in revenue and others showing a decline in net profit.
Investors can stay updated with the latest stock market tips and trends by visiting our website.
For more information on Indian stock market and its trends, you can check out our latest articles.
