Post Market Update- Markets extend gains on ceasefire hopes

Stocks in the news-

1. Coforge Unveils 2 new AI-native solns for airlines to enhance customer experience.

2. RateGain partners with Easebuzz as a gold partner for RG pay.

3. Shyam Metalics expanded Pakuria ops with addition of 2 annealing furnaces of 25 mt & 30 mt.

Earnings-

1. Nestle Q4 net profit up 26% YoY at Rs. 1,114 Cr

Indian indices-

The Indian stock market delivered a stellar performance on April 21, 2026, as the bulls tightened their grip for the third day running. The cooling oil prices, Iran-US peace talk hopes acted as a major tailwind for Indian equities. The rally in the market was also led by broad-based buying interest in the banking, auto, and metal sectors. At close, the Sensex was up 753.03 points or 0.96% at 79,273.33, and the Nifty was up 211.75 points or 0.87% at 24,576.60.

Rupee ended at 93.50/$ against April 17, 2026, close of 93.13/$

Buzzing stocks on BSE-

1. Prestige Estates rose 2.01% to Rs. 1,401, after residential project in Hyderabad clocks Rs 2,500 crore in early sales.

2. Ravindra Energy surged 6.42% to Rs. 144.25, after the company announced a new partnership in electric mobility.

Global Signals-

Asia-Pacific markets were mixed on ceasefire hopes despite US, Iran threats.

European stocks higher as US-Iran ceasefire deadline looms.