Market News

5 min read | Updated on April 15, 2026, 13:03 IST
SUMMARY
Shares of Life Insurance Corporation of India (LIC) advanced by 4% on April 15 on the NSE, as its board, on Monday, approved the issuance of bonus equity shares in the proportion of 1:1.

The SENSEX advanced as much as 1.85% to hit an intraday high of 78,270.42 on April 15. | Image: Shutterstock
The Indian benchmark indices, SENSEX and NIFTY50, advanced during the afternoon session on Wednesday, April 15, amid positive global cues and buying in tourism and capital market stocks.
Investor sentiment improved amid renewed hope that Iran-US talks to end the war in West Asia could resume over the next few days, US President Donald Trump said on Tuesday.
The SENSEX advanced as much as 1.85% to hit an intraday high of 78,270.42. Meanwhile, the NIFTY50 gained as much as 1.83% touched the session’s peak of 24,280.90.
At 12:55 PM, the S&P BSE SENSEX advanced by 1,206.83 points, or 1.57%, to 78,054.40. NSE’s NIFTY50 stood at 24,206.50, reflecting a 363.85 points, or 1.53% jump.
Shares of ICICI Prudential Asset Management Company (AMC) fell as much as 5.32% to hit an intraday low of ₹3,175.10 apiece on the National Stock Exchange (NSE) on Wednesday, April 15, despite reporting a 10.37% YoY increase in its net profit to ₹763.42 crore for the March quarter of FY26, up from ₹691.71 crore in the same period last year.
However, on a quarter-on-quarter (QoQ) basis, its profit slumped 16.76% sequentially from ₹917.09 crore in the December quarter of the current fiscal year.
ICIC Prudential AMC’s revenue from operations grew by 19.53% YoY to ₹1,517.01 crore for the reporting quarter, in comparison to ₹1,269.19 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).
The stock of One 97 Communications Ltd, the operator of the fintech firm Paytm, advanced as much as 3.33% to the session’s peak of ₹1,143.60 per equity share, as the company has become a majority Indian-owned and controlled company after domestic investors increased their stake to 50.3% as of the end of March 2026.
The shift, analysts note, signals a structural change in the fintech firm’s ownership, with domestic shareholding rising steadily in recent quarters, reflecting improving investor confidence.
Domestic institutional investors (DIIs) have raised their stake to a record 23.1% in the March quarter, up 2.8 percentage points sequentially and 9.1 percentage points from a year earlier, according to regulatory filings.
Shares of RailTel Corporation of India rallied 14.57% to touch an intraday high of ₹325.80 per unit on Wednesday, April 15, after the company bagged multiple orders.
The company, in a regulatory filing on April 14, said that it has bagged an order worth ₹43.96 crore from the Uttar Pradesh Police Recruitment and Promotion Board to provide security-related ancillary services during the recruitment examination. The order will be executed on April 12, 2028.
The Navratna PSU firm, in a separate filing, informed that it has secured two orders from Rail Vikas Nigam. The first order, worth ₹255.27 crore, involves the SITC of integrated tunnel communication systems for tunnels T-8 to T-11, covering a section length of 36 km.
The stock of HDB Financial Services jumped as much as 3.74% to the day’s peak of ₹637.80 per equity share, as the company is set to release its latest set of numbers for the fourth quarter of the financial year 2025-26 on Wednesday, April 15. The company's board will also recommend a final dividend.
In an exchange filing, the company said, "a meeting of the Board of Directors of HDB Financial Services Limited is scheduled to be held on Wednesday, April 15, 2026 to inter-alia consider the following: a) Approval of the audited standalone financial results of the Company for the quarter/year ended March 31, 2026; b) Recommendation of final dividend on the equity shares of the company, if any, for the financial year 2025- 26 including fixation of record date for the same."
Additionally, the board will also seek approval for borrowing of funds by issuance of non-convertible securities on a private placement basis, in one or more tranches.
Shares of Life Insurance Corporation of India (LIC) advanced 4% on April 15 as its board, on Monday, approved the issuance of bonus equity shares in the proportion of 1:1.
This means that the shareholders will get one fully paid-up equity share of ₹10 each for every one fully paid-up equity share of ₹10 each held by the members of the corporation as of the record date.
Just Dial stock slipped 5% to touch an intraday low of ₹543.10 apiece on Wednesday, April 15, after the search engine company reported a 36.54% fall in its consolidated net profit to ₹100 crore in the fourth quarter ended March 2026 (Q4 FY26). It had a net profit of ₹157.6 crore in the January-March quarter a year ago.
The company's revenue from operations increased 6.23% to ₹307.24 crore in the March quarter. It was at ₹289.2 crore in the corresponding quarter a year ago.
In the latest fourth quarter, "Total traffic (unique visitors on website) stood at 182.4 million, down 4.7% YoY and 1.2% QoQ," said Just Dial in its earnings statement.
Shares of LG Electronics India rallied as much as 8.59% to hit an intraday high of ₹1,630 per unit in early trade on the NSE.
This comes as its six-month shareholder lock-in period came to an end on Wednesday, opening up 441.2 million (or 44.12 crore) shares for trading, according to media reports, citing an analyst's note from Nuvama Alternative & Quantitative Research.
As per the Nuvama note, this translates to approximately 65% of LG Electronics India’s total equity being freed up as the restriction lifts.
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