Tech Sector and Other Stocks Attract Investor Attention

Indian Stock Market Posts Solid Gains Amid US-Iran Peace Negotiations

On Tuesday, April 21, the Indian stock market indices - Sensex and Nifty 50 - posted solid gains, supported by easing crude oil prices amid prospects of US-Iran peace negotiations, which lifted investor sentiment. The Sensex climbed 753 points, or 0.96%, to settle at 79,273.33, while the Nifty 50 advanced 212 points, or 0.87%, to close at 24,576.60.

However, looking at the Gift Nifty trends, the Indian stock market is likely to snap its gaining streak on Wednesday, as the index signals a negative opening. The index is down 166.50 points, trading at 24,408.50 as compared to the previous close of 24,575. "Indian markets are expected to open on a negative note, with the Gift Nifty indicating a subdued start around the 24,460 zone. While the index remains near recent highs, the underlying sentiment has turned fragile, largely influenced by escalating geopolitical uncertainty and mixed global cues," said Hariprasad K, SEBI-registered Research Analyst and Founder, Livelong Wealth.

Stocks to Watch

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Amid this backdrop, the following top 10 stocks are expected to remain in focus on Wednesday, April 22:

These stocks are expected to remain in focus as companies will release their Q4 results 2026 today. Some key highlights include:

• Tech Mahindra reported revenue of ₹33,981 crore in its Q4 FY26 results, marking a 0.3% increase quarter-on-quarter and a 12.3% rise year-on-year.
• Trent will consider its first-ever bonus share issuance at the upcoming meeting today.
• PNB Housing Finance has projected an 18–20% expansion in its gross loan portfolio for the current fiscal year.
• Aurobindo Pharma has announced a share buyback of up to ₹800 crore via the tender offer route.
• Tata Elxsi delivered robust quarter-on-quarter growth in the March quarter, with net profit almost doubling to ₹220.4 crore.
• Tata Investment Corporation posted a strong rise in its March quarter results, with net profit surging 69% year-on-year to ₹63.83 crore.
• Hindustan Zinc is likely to consider declaring a dividend at its board meeting set for April 24.
• BEML announced that it has won a contract worth around ₹590 crore from the Ministry of Defence to supply trawl assemblies.
• JSW Energy stated that its subsidiary, JSW Mahanadi Power Company Ltd, has been issued a demand notice of ₹1,447.34 crore by the Water Resources Division in Janjgir, Chhattisgarh.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline