Nifty 50, Sensex Snapped Five-Day Winning Streak; India’s Crude Steel Production Surged By 10.7% YoY To 168.4 Million Tonnes In FY 2025-26 & More
- Share.Market
- 10 min read
- 09 Apr 2026
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.
Snapping their five-day winning streak, Nifty 50 and Sensex ended ~1% lower on Thursday. The market downturn was driven by fading optimism over the US-Iran ceasefire, following warnings from Tehran that certain terms of the deal had been breached. Most sectoral indices also closed in the red, with Nifty Private Bank emerging as the top sectoral loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
APOLLOApollo Micro Systems completed blast trials for Limpet Mines used in naval defence. As the only Indian company developing this for the Indian Navy, this milestone strengthens its position in providing a complete spectrum of underwater electronic warfare systems.
ANANDRATHIAnand Rathi Wealth reported FY26 financial results, with total revenue growing 22% year-on-year to ₹1,198.5 crores and profit rising 28% to ₹385.7 crores. The company also announced a final dividend of ₹7 per equity share, subject to AGM approval.
KECKEC International has secured new orders worth ₹2,518 crores across its various businesses. This includes its largest-ever commercial real estate civil order, a joint venture for the ‘Kavach’ train collision avoidance system, and multiple international transmission and distribution projects.
ADANIGREENAdani Green Energy announced that its wholly-owned subsidiary, Adani Renewable Energy Middle East Ltd, has officially signed a joint venture agreement with Minerva Holding RSC Ltd. The partnership establishes a new entity named Minerva Renewables Holding RSC Limited.
NTPCNTPC Limited has signed a non-binding Memorandum of Understanding with Électricité de France (EDF) to collaboratively explore developing new nuclear power projects in India. The agreement focuses on assessing EDF’s EPR technology, localisation, and expanding NTPC’s clean energy portfolio.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 08 Apr 2026 | -2,811.97 | 4,168.17 |
| 07 Apr 2026 | -8,692.11 | 7,979.50 |
| 06 Apr 2026 | -8,167.17 | 8,088.70 |
| 02 Apr 2026 | -9,931.13 | 7,208.41 |
| 01 Apr 2026 | -8,331.15 | 7,171.80 |
| Month-to-Date | -37,933.53 | 34,616.58 |
What’s Happening Beyond Markets?
- As per the Ministry of Steel, India’s crude steel production surged by 10.7% year-on-year to 168.4 million tonnes in FY 2025-26. Additionally, finished steel exports jumped by 35.9%, allowing India to successfully regain its position as a net exporter.
- India has sufficient LPG, petrol, and diesel supplies despite tensions in West Asia, according to the Ministry of Petroleum and Natural Gas. Highlighting transparent distribution, the ministry stated that 95% of LPG bookings are now made online, preventing fuel diversion.
- Landing and parking charges at non-major airports have been slashed by 25% for three months, according to the Civil Aviation Ministry. This directive to the Airports Authority of India aims to curb rising domestic airfares triggered by surging global fuel prices.
- According to Union Minister Jyotiraditya M Scindia, India’s 5G consumer base will surge from 400 million to over a billion by 2030. Having achieved the world’s fastest 5G rollout, India is now strategically positioning itself to lead the global 6G revolution.
Back to Basics
Terms that put you one step ahead – every day
What is a Hard Landing in Economics?
A hard landing occurs when an economy rapidly shifts from growth to a severe slowdown or recession, usually following efforts to control high inflation. Think of it like a pilot trying to land a speeding aeroplane but descending too fast. Instead of touching down smoothly, the plane hits the runway with a jarring impact, causing damage and panic among the passengers.
Central banks sometimes trigger this when they raise interest rates too quickly or aggressively to fight rising prices. This sharp braking chokes off borrowing and spending, leading to widespread business closures and rising unemployment. For everyday consumers and investors, a hard landing means rough times ahead. Your investments may suffer sharp drops in value, job security weakens, and securing loans becomes significantly harder as the broader economy struggles to recover.
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.
