Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.


Indian equity benchmarks extended gains for the third consecutive trading session. The bechmark indices posted their best single-day gains in a week amid F&O expiry as on positive global cues as investors tracked hopes of progress in US-Iran talks ahead of the ceasefire deadline.

Key Indices – Share Market

Top News from the Indian Share Market

Rolex Rings

Rolex Rings Ltd.ROLEXRINGS₹161.76 +15.97%

The auto parts manufacturer’s share price surged after it announced that its board is considering a proposal to buyback its fully paid-up equity shares. This will be the first ever share buyback in the company’s history. Prior to this, it had conducted a stock split in October last year.

BEML

BEML Ltd.BEML₹1,767.90 +1.36%

The Bengaluru-based defence PSU secured an order from the Ministry of Defence for the supply of trawl assemblies, with a contract value of ₹590 crores. Simultaneously, the company’s international order book has crossed $100 million, and it is aiming to double that in the financial year ending March 2027.

Lemon Tree Hotels

Lemon Tree Hotels Ltd.LEMONTREE₹121.58 +7.47%

The mid-priced range hotels chain announced the signing of Lemon Tree Hotel, Garudeshwar, Gujarat, further expanding its presence in the State. With this addition, the Company will have 32 properties in Gujarat (11 operational and 21 upcoming), reflecting its focus on building scale across tourism and pilgrimage-driven markets.

Bajaj Housing Finance

Bajaj Housing Finance Ltd.BAJAJHFL₹91.03 +1.68%

India Mortgage Guarantee Corporation has partnered with Bajaj Housing Finance Ltd. to expand access to affordable home loans, particularly for underserved and first-time homebuyers, the companies said in a joint announcement.

Eris Lifesciences

Eris Lifesciences Ltd.ERIS₹1,376.00 -3.94%

The company’s share price declined after its Swiss Parenterals Unit 1 & 2 facilities were issued non-compliance observations by the Croatian regulator. Non-compliance observations were issued for both units, which that pharma firm said are procedural.

Broader Market Performance Today

Nifty Midcap 150NIFTY MIDCAP 150₹22,141.60 +0.53%

Nifty Smallcap 250NIFTY SMLCAP 250₹16,513.20 +0.82%

India VIXINDIA VIX17.53 -6.71%

Top Performing Sectors Today

*Prices shown may have delay up-to 15 minutes

Top Gainers and Losers

*Prices shown may have delay up-to 15 minutes

FII DII Activity (₹ Cr)

Date FII (Net Value)DII (Net Value)
20 Apr 2026-1,059.932,966.89
17 Apr 2026683.20-4,721.48
16 Apr 2026382.36-3,427.75
15 Apr 2026666.15-568.98
13 Apr 2026-1,983.182,432.30
Month-to-Date-40,284.0332,663.51

What’s Happening Beyond Markets?

  • India now meets around 40% of the United States’ smartphone demand that was earlier supplied by China, according to a report by McKinsey & Company.
  • India-linked tariff refunds tied to exports to the United States could reach $10 billion to $12 billion after US authorities opened a $166 billion claims window for duties collected under a tariff regime later struck down by the courts, a report by Global Trade Research Initiative said.
  • The Petroleum and Natural Gas Regulatory Board (PNGRB) has initiated bids to build liquefied petroleum gas (LPG) pipeline infrastructure, aiming to cut reliance on road transport and strengthen the country’s energy logistics network.
  • India is considering a proposal to restrict sulphur exports after industry lobby groups raised concerns about soaring prices and disruption to supplies from the Gulf, as per media reports.

Back to Basics

Terms that put you one step ahead – every day

Operating Leverage

Operating leverage is a pivotal financial ratio that measures the impact of sales on operating income. It’s used to calculate a company’s break-even point and help set appropriate selling prices that cover all costs and generate a profit.

Corporate Actions 

StockEx-DateRecord DateEvent TypeEvent Details
Crisil Ltd.23 Apr 2026 23 Apr 2026Interim Dividend₹9.00
Schaeffler India Ltd.23 Apr 202623 Apr 2026Final Dividend₹35.00

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back to cut through the noise, so you can focus on investing intelligently.