The Indian market closed with modest gains on April 23, marking its third consecutive higher session, despite last-hour profit booking that erased most of the day's initial gains. The Sensex rose 0.12% and the Nifty gained 0.14%, driven by positive global cues and strong performance in broader markets.
Indian stock markets, Sensex and Nifty, rose for the third consecutive session on Tuesday, driven by positive global trends, foreign fund inflows, and easing crude oil prices following a reported US-Iran peace deal. The Sensex closed up 0.71% at 76,808.48 and Nifty 50 rose 0.57% to 23,989.15.
HCL Technologies shares fell over 10% on Wednesday after missing quarterly earnings expectations and providing weak FY27 growth guidance. Multiple brokerages downgraded the stock or cut target prices, citing concerns over discretionary spending, AI-driven deflation, and project cancellations.
