Stock Market Today Live April 17: Sensex, Nifty likely to open muted; Gift Nifty signals mild dip

Asian Stocks Set for Weekly Gains as Oil Holds Below $100

Asian stocks were poised for a second week of strong gains and oil prices were ‌pinned below $100 a barrel with investors hopeful for a near-term resolution to the Middle East war.

Investors have been quick to take an optimistic view on any signs ⁠of denouement this month, even though the Strait of Hormuz – through which a fifth of the world’s oil and gas supply typically flows – remains closed.

A 10-day ceasefire between Lebanon and Israel went into effect ‌on Thursday and President Donald Trump said the next meeting between the U.S. and Iran may take place over the weekend, when their current ceasefire is ‌due to expire.

Lupin Settles Antitrust Case with Humana for $30 Million

Lupin: Co. enters settlement agreement paying $30 million to Humana Inc. to resolve antitrust lawsuits; LPI denies all allegations and settlement amount already provided in prior financial results

Dollar set for second weekly loss on Iran war peace hopes

The U.S. dollar was headed for a second consecutive weekly decline on Friday in tentative trade, as a ceasefire between ‌Israel and Lebanon and prospects for fresh Iran talks prompted investors to unwind safe-haven positions.

A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President ⁠Donald Trump said the next meeting between the U.S. and Iran could take place over the weekend.

Meanwhile, U.S. and Iranian negotiators have scaled back ambitions for a comprehensive peace deal and are now seeking a temporary memorandum to ‌prevent a return to conflict, with the nuclear issue remaining a core obstacle.

Currencies were mostly rangebound in Asia trade as investors awaited further details, leaving the euro steady ‌against the dollar at $1.1783. The common currency was on track for a third straight weekly gain, ‌while ⁠sterling traded at $1.3526.

(Reuters)

RBI asks state oil refiners to curb spot dollar buys

The Reserve Bank of India (RBI) has urged state-run oil refiners to curb spot dollar purchases and tap a special credit line ⁠for their foreign exchange needs, three sources said, reviving measures used earlier in the Ukraine war to ease pressure on the rupee.

Read the full story here

Dalal Street set for dull start on Friday amid mixed global cues

Dalal Street set for dull start on Friday amid mixed global cues

Gift Nifty at 24,153 signals a marginal decline at open.

Sensex, Nifty likely to open weak on Friday

Indian stock markets are expected to open on a cautious note, on Friday amid mixed global cues.

Gift Nifty at 24,153 signals a marginal decline at open.

Asian Stocks Dip as Traders Await Ceasefire News

Asian stocks fell as investors lightened their positions ahead of the weekend while awaiting progress on extending the US-Iran ceasefire, after a rally driven by expectations the truce would be prolonged.

The MSCI Asia Pacific Index dropped 0.4%, snapping a three-day rally. The cautious end to the week followed a 10-day rally in global equities that pushed markets to a record high, as traders bet easing tensions will lower oil prices and support economic growth. Wall Street gauges also closed at an all-time high for a second consecutive day.

Global crude benchmark Brent slipped 1.3% to $98.14 a barrel after President Donald Trump expressed optimism about securing a permanent ceasefire with Iran ahead of the expiry of the current truce next week. Gold edged higher, while Treasuries were little changed

Investors are awaiting progress in talks that could reopen the Strait of Hormuz, easing crude flows and relieving pressure on economies after oil prices surged following the conflict’s onset in late February. While oil has pared its war-driven premium and stocks have climbed to record highs, economists are warning that markets may be underestimating the war’s economic toll.

(bloomberg)

Citius TransNet InvIT raises ~Rs 497 crore from Anchor Investors

Citius TransNet Investment Trust, which is a transport sector-focused infrastructure investment trust (“Citius TransNet InvIT”), established with an objective to acquire, manage and invest in a portfolio of transport infrastructure assets, including roads, in India, has successfully raised ~ ₹ 4,972 million from anchor investors today, ahead of its initial public offering that opens for public subscription on April 17, 2026.

Citius TransNet InvIT informed the bourses that it allocated 4,97,24,850 Units at ₹ 100 per Unit to anchor investors.

Citius TransNet InvIT has received interest from a diversified group of investors such as Prazim Trading, ASKWA Income Opportunities Fund, pension & provident funds, namely, HDFC Pension, SBI Pension, ICICI Prudential Pension, DSP Pension and Larsen & Toubro Provident Fund.

There was also participation from Mutual Funds across equity, hybrid and multi-asset schemes, namely, WhiteOak, DSP, Quant and Axis mutual fund.

Insurance investors are Bajaj Life, Axis Max Life, Bharti AXA and IndusInd General. Other participant included Nuvama Wealth.

Axis Capital, Ambit Private Limited and ICICI Securities are the book running lead managers, and Shardul Amarchand Mangaldas is the legal counsel to Citius TransNet InvIT.

Today’s Stock Pick | UnoMinda

Annual Financial highlights | SG Finserve

SG Finserve Limited (BSE: 539199), a rapidly growing non-banking financial company (NBFC), has announced its audited financial results for the quarter and year ended March 31, 2026. The company delivered a powerful performance, characterized by a near-doubling of revenue and significant expansion in profitability.

Annual Financial Highlights (FY26)

SG Finserve demonstrated exceptional growth momentum across its core lending operations:

Total Revenue from Operations: Nearly doubled to ₹33,341.28 Lakh, up from ₹16,997.14 Lakh in FY25. This was primarily driven by a sharp rise in Interest Income, which reached ₹32,014.58 Lakh.

Profit After Tax (PAT): Surged by 57.6% to ₹12,765.72 Lakh (₹127.66 Crore), compared to ₹8,099.02 Lakh in the previous fiscal year.

Fee and Commission Income: Saw a massive jump to ₹1,266.88 Lakh, highlighting the company’s success in diversifying its income streams.

Earnings Per Share (EPS): Basic EPS grew to ₹22.75, compared to ₹14.54 in FY25.

LT Foods Appoints Ritesh Sud as CMO for India & Far East

LT Foods Ltd, a leading billion-dollar global FMCG company in the consumer food space, today announced the appointment of Mr. Ritesh Sud as Chief Marketing Officer – India & Far East, reinforcing its strategic focus on furthering strengthening the brand-led growth, deepening consumer relevance and further advancing its transformation into a future-ready, consumercentric organization.

In his new role, Mr. Sud will provide strategic leadership in reinforcing LT Foods’ market leadership, expanding its footprint in high-growth categories, and translating brand strategy into measurable business outcomes, across India and Far East. He will be working on a mandate to build strong, differentiated, and scalable brands, further strengthening of brand equity, driving premiumisation and unlocking new growth opportunities across categories and consumer segments. His role will encompass innovation-led go-to-market strategies, and enhancing marketing effectiveness across touchpoints. Working closely with the India and Far East leadership teams and cross-functional stakeholders, Mr. Sud will report to Mr. Ritesh Arora, CEO – India & Far East, LT Foods.

Annual financial results | Alok Industries

Alok Industries Limited, a major integrated textile manufacturer backed by Reliance Industries, has announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The company showed a reduction in annual losses and a sequential recovery in revenue during the final quarter of the fiscal year.

Annual Financial Performance (FY26)

The company demonstrated improved operational control, leading to a narrower net loss compared to the previous year:

Total Revenue from Operations: Stood at ₹3,714.79 crore, showing marginal growth over the ₹3,708.78 crore recorded in FY25.

Intellect Powers OnCost’s AI-Driven Retail Transformation

Intellect Design Arena, a global leader in AI-First, enterprise-grade financial technology, today announced that OnCost, Kuwait’s leading FMCG retailer and the nation’s first wholesaler to open its doors to individual consumers, has digitally transformed its operations with eMACH.ai Retail 6DX. This advanced AI-First in-store retail platform has been deployed across OnCost’s branches, marking a strategic leap into next-generation, experience-driven in-store retail.

In a market defined by high consumer expectations and rapid digital adoption, OnCost’s shift to eMACH.ai Retail 6DX represents a conscious pivot from restrictive legacy infrastructure to a cloud-native, microservices-led architecture. By moving away from monolithic systems, OnCost has built a foundation that can respond, learn, and evolve with every customer interaction.

HDFC Life board declares final dividend of ₹2.10 per equity share for FY26

The board of directors of HDFC Life Insurance Company Limited has recommended final dividend of ₹ 2.10 per equity share of face value of ₹10 each for the financial year 2025-26, subject to approval of the shareholders’ at the ensuing Annual General Meeting.

The record date for the purpose of ascertaining the entitlement of the shareholders’ for the final dividend shall be Friday, June 19, 2026.

CUB announces new branch openings today

City Union Bank Limited (CUB) has announced the opening of four new branches today, reaching a significant milestone in its retail network expansion. With these strategic additions, the Bank’s total physical network has increased to 953 branches nationwide.

The new branches are located in key growth corridors, strengthening the Bank’s presence in the southern and eastern markets of India.

Annual Financial Highlights | Waaree Renewables

Waaree Renewable Technologies Limited (WRTL), a subsidiary of the Waaree Group and a leader in the Solar EPC (Engineering, Procurement, and Construction) sector, has announced its audited consolidated financial results for the year ended March 31, 2026. The company has delivered a landmark performance, with revenue and profitability scaling to new heights amid India’s green energy transition.

Annual Financial Highlights (FY26)

The company witnessed a massive surge in project execution and operational scale over the fiscal year:

Total Revenue from Operations: Skyrocketed to ₹3,33,142.22 lakh (₹3,331.4 crore), a staggering 108% increase over the ₹1,59,774.79 lakh reported in FY25.

Net Profit (PAT): More than doubled to ₹47,863.59 lakh (₹478.6 crore), compared to ₹22,892.47 lakh in the previous fiscal year.

Operating Profit (EBITDA): Profit before tax surged to ₹63,961.02 lakh, reflecting robust margins in high-scale solar projects.

Earnings Per Share (EPS): Basic EPS for the year jumped to ₹45.91, up from ₹22.00 in FY25.

Today’s picks: Dozen stocks including Wipro, BPCL, DCM Shriram, DCX Systems, Aditya Infotech will be in focus on Friday

Today’s picks: Dozen stocks including Wipro, BPCL, DCM Shriram, DCX Systems, Aditya Infotech will be in focus on Friday

Stocks to watch: Wipro’s buyback, BPCL’s investment decision, DCM Shriram’s joint venture, and more on Friday’s market focus.

Crude oil falls on prospects for talks to end Iran war and revive supply

Brent crude futures declined by $1.34, ‌or 1.35%, to $98.05 a barrel at 0021 GMT. U.S. West Texas Intermediate crude futures ‌fell $1.65, or 1.74%, to $93.40 a barrel, trimming ‌gains ⁠from the previous session.

Read the full story here

Gold eyes fourth weekly gain on hopes of US-Iran peace deal

Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears ‌of higher inflation and elevated U.S. interest rates.

(Reuters)

Closing Bell | April 16, 2026 | Sensex, Nifty pare gains to end marginally lower

Benchmark indices ended marginally lower on Thursday after a volatile session, as profit-booking at higher levels and lingering uncertainty around US–Iran talks weighed on sentiment.

Read more here

Stock in Focus: Angel One

Angel One profit up 19% QoQ to ₹320 crore and revenue rising 9% to ₹1,459 crore. EBITDA grew 13% to ₹599 crore, while margins improved to 41% from 39.7%, reflecting strong operating efficiency. The company has also approved plans to raise ₹1,500 crore via NCDs and increased borrowing limits to ₹20,000 crore, indicating growth and balance sheet expansion plans.

Corporate Actions

Dividend

16-Apr-26

ENERGYINF: Income Distribution (InvIT)

17-Apr-26

MUTHOOTFIN: Interim Dividend

22-Apr-26

CIEINDIA: Final Dividend – Rs. – 7.00

SANOFI: Final Dividend – Rs. – 48.00

23-Apr-26

CRISIL: Interim Dividend

SCHAEFFLER: Final Dividend – Rs. – 35.00

IPO

—

Buyback

Aurobindo Pharma: Ex-Date: 17-Apr-26

Bonus Issue

—

Stock Split

Pashupati Cotspin: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 17-Apr-26

String Metaverse: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 24-Apr-26

Right Issue

Gujarat Cotex: Open: 10-Apr-26; Close: 08-May-26

Gravity India: Open: 27-Apr-26; Close: 25-May-26

Open Offer

ADC India Communications: Open: 02-Apr-26; Close: 17-Apr-26

Manappuram Finance: Open: 06-Apr-26; Close: 20-Apr-26

Indo Borax & Chemicals: Open: 10-Apr-26; Close: 24-Apr-26

Sammaan Capital: Open: 17-Apr-26; Close: 30-Apr-26

Consolidation of Shares

Sanmit Infra: Ex-Date: 30-Apr-26

Spin Off

Prima Plastics: Ex-Date: 17-Apr-26

Closing Bell | Nifty | April 16, 2026

Nifty Sectoral indices performance | April 16, 2026

ALL-TIME HIGH BREAKOUT ALERT 

Today, these 17 stocks closed above their lifetime highs, signaling strong momentum and sustained buying interest:

🔥BSE 

🔥GMDC 

🔥NALCO 

🔥Vedanta 

🔥Adani Power 

🔥Gallantt Ispat

🔥Welspun Corp 

🔥Precision Wires 

🔥Rapicut Carbides 

🔥TD Power Systems 

🔥Hindalco Industries 

🔥Kirloskar Oil Engines

🔥KRN Heat Exchanger 

🔥Axiscades Technologies 

🔥Syrma SGS Technologies 

🔥Senores Pharmaceuticals 

🔥Quality Power Electrical Equip.

16-04-2026

Instl. Investors EQUITY Cash Trades PROV. – 16/04/2026 (Rs. CRS)

FIIS : BUY +382 (16,209-15,827) 

DIIS : SELL -3,428 (16,538-19,966)

WIPRO Limited Tender Buyback Announced

Buyback Price : 250 ₹

Today’s Closing Price : 210.26 ₹

Buyback Size ₹ : 15,000 Crore ₹

Buyback Size in Shares : 60,00,000 Shares

Retail Quota : 9,00,00,000 Shares

Record Date for Buyback : To be announced