Post Market Update- Markets rebound. Sensex, Nifty surge as FY27 begin

Stocks in the news-

1. Escorts Kubota total sales up 6.6% at 12,119 units Vs. 11,374 units (YoY)

2. JKumar Infra bagged order from NHAI worth Rs. 2,360 cr for Vadhavan Port Expressway.

3. Power Mech gets order worth Rs. 109 cr from Hind Zinc for ops & maintenance of 91.5 MW CPP and transmission line.

Indian indices-

After seeing a strong start, the benchmark indices pared their gains in the final hour of trade. While it remains a stellar start to the new financial year (FY27). Indices settled off their intraday peaks as some late-session profit booking kicked in. Except pharma all other sectoral indices ended in the green. At close, the Sensex was up 1,186.77 points or 1.65% at 73,134.32, and the Nifty was up 348 points or 1.56% at 22,679.40.

Buzzing stocks on BSE-

1. Coforge rose 3.71% to Rs. 1,156, after company gets RBI nod for overseas direct investment for Encora acqsition, exceeding $1 bn.

2. Maruti Suzuki India gained 1.64% to Rs. 12500, after the company reported total sales of 225,251 units in March 2026, reflecting nearly 17% YoY growth over 192,984 units in March 2025.

3. Bharat Coking Coal (BCCL) surged 7.15% to Rs. 32.08, after the company’s raw coal production jumped 2% to 4.42 million tonnes in March 2026 compared with 4.33 million tonnes in March 2025.

Global Signals-

Asia stocks surged after Trump signaled a possible US exit from Iran.

European stocks rebound strongly as Trump says Iran war will end in weeks