US stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S&P 500 and Dow rose, while Nvidia and Walmart fell on cautious outlooks. Quantum computing stocks surged after major US government investment, and manufacturing activity hit a four-year high.
US government will invest $2 billion in nine quantum computing firms, including IBM’s new chip venture Anderon, to strengthen America’s lead in advanced computing and counter China. IBM gets $1 billion, GlobalFoundries $375 million, while smaller firms like D-Wave and Rigetti also receive funding amid rising investor interest.
GAIL reported a Q4 consolidated PAT of Rs 1,485 crore, down 15% sequentially. The company declared a Rs 0.5 dividend. For FY26, consolidated PAT fell sharply by 39% to Rs 7,582 crore, mainly due to global energy headwinds, despite resilient operational volumes.
Smallcase managers remain optimistic on India’s equity markets despite the Nifty declining over 9% this year, projecting the benchmark index to reach the 28,000–30,000 range by the end of FY27. They expect future market gains to be driven by earnings growth rather than valuation expansion, with investors focusing on sustainable profitability and execution
Wall Street opened lower as rising oil prices and escalating tensions between the US and Iran weighed on sentiment. A report indicating Iran’s refusal to compromise on uranium exports dampened hopes of a peace deal, pushing crude higher and triggering declines across the Dow, S&P 500 and Nasdaq at the open.
Max Healthcare Q4FY26 consolidated PAT grew 7% YoY, and revenue increased 12%. Network EBITDA rose 8%. Max Lab and Max@Home saw strong double-digit growth. The company also recommended a final dividend of Rs 2 per equity share for the year.
The revenue growth was led by sales in Asia, the company said, with particular strength in China during the Lunar New Year. Wall Street investors are focused on how luxury brands are performing in the Chinese market, where consumers have shown signs of strain in recent months and luxury spending has recently faltered.
LG Electronics India reported a net profit of Rs 693 crore for the March quarter, an 8% year-on-year increase, with revenue rising to Rs 8,054 crore. The company achieved its highest-ever quarterly performance with an 11.7% EBITDA margin, driven by strong demand recovery and premiumization across product categories.
Total income rose to Rs 715.35 crore in the fourth quarter of 2025-26 fiscal from Rs 554.87 crore in the corresponding period a year ago, according to a regulatory filing.Total income rose to Rs 715.35 crore in the fourth quarter of 2025-26 fiscal from Rs 554.87 crore in the corresponding period a year ago, according to a regulatory filing.
Seven large-cap stocks from the BSE 100 index, including Grasim Industries, hit 52-week highs despite the weak Sensex. These stocks showed strong bullish momentum, rallying up to 25% over the past month.
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