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Sensex Today | Stock Market LIVE Updates: Nifty falls nearly 200 points; IIFL down over 9%

Published on 23/04/2026 12:08 PM

The markets continue to trade in red with cuts.

Dev Information Technology Unit Partners with Microsoft

 

Titan, V Mart, Page Industries, Bajaj Consumer Care, and Marico are just a few of the retail and consumption stocks that Abneesh Roy, Executive Director at Nuvama Institutional Equities, notes as having favourable mood in FMCG and anticipating price increases.

 

Dipan Mehta, Director, Elixir Equities

On Trent

The Nifty index has fallen over 180 points, and these are the biggest contributors.

On Thursday, April 23, Infosys Ltd., one of the biggest providers of technological services in India, will release its results after business hours. The findings take on more relevance, particularly in light of the inconsistent outcomes from its peers.

Infosys Q4 Results Live Updates

Dipan Mehta, Director, Elixir Equities

On FMCG companies

Dipan Mehta, Director, Elixir Equities

On Amara Raja

Sudarshan Sukhani, Proprietor, Technical Trends

Pirojsha Godrej To CNBC-TV18

Healthy momentum is also anticipated for EPC players. Orders relating to the NTPC may help Bharat Heavy Electricals (BHEL), and Kalpataru Projects may record significant inflows. However, there may be some moderation for businesses like KEC International that are more exposed to the Middle East.

 

Following the announcement of the company’s board of a second interim dividend of ₹270 per share for the fiscal year 2026, shares of Oracle Financial Services Software Ltd. increased by 7% on Thursday, April 23.

 

Infosys to announce its Q4 earnings today:

CC revenue growth seen down at 0.6% (QoQ)

 

Godrej Capital

Patel Engg declared L1 for SJVN/SLPDC’s 669 MW Lower Arun Hydropower Project (Package 2) in Nepal, worth ₹1,593.08 cr

Pirojsha Godrej To CNBC-TV18

Dr Reddy’s is still awaiting approval for Semaglutide in Canada, according to sources.

 

JK Cement: Declared preferred bidder in e-Auction for Karunda Limestone Block-1 conducted by the Rajasthan Govt

Strong structural tailwinds have fuelled the recent surge in India’s power and utility stocks, but Nikhil Nigania, director and senior analyst at Bernstein, believes that valuations are now beginning to appear stretched.

 

Amex Wednesdays, a 25% midweek eating discount offered in more than 40 Indian cities by American Express and Zomato, aims to increase credit card usage and weekly restaurant expenditure.

 

Following the announcement of a 50:50 joint venture with Allianz to enter the general insurance market, Jio Financial Services Ltd.’s shares are up 3% on Thursday, April 23.

Pharma stocks are higher in a weak market; Dr Reddy’s rises over 3% and is the top Nifty gainer

In a tumultuous market on Thursday, April 23, Larsen and Toubro (L&T) Ltd.’s shares increased after the infrastructure conglomerate said that its buildings and factories business vertical had secured several orders totalling up to ₹2,500 crore.

 

On Thursday, April 23, shares of Havells India Ltd. performed the worst on the Nifty 500 index after at least three analysts downgraded the stock due to cautious management remarks following its March quarter results.

 

On Thursday, April 23, shares of GE Vernova T&D Ltd., the second-best-performing stock on the Nifty Midcap index thus far in 2026, saw an additional 9% increase following the business’s parent company, GE Vernova, reporting impressive earnings and raising forecasts across the board on Wednesday.

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