NIFTY50, SENSEX trade flat in noon deals; Jubilant FoodWorks, Godrej Consumer, Titagarh Rail among buzzing stocks

The Indian benchmark indices, SENSEX and NIFTY50, were trading flat with a negative bias, after recovering from their day’s low during the afternoon session on Tuesday, April 7, supported by gains in IT and realty stocks. However, the market saw selling in PSU Bank and tourism shares.

The benchmark indices opened with a gap down and slipped further to intraday lows. The SENSEX fell 1.11% to the session's low of 73,282.41. Meanwhile, the NIFTY50 declined 1.08% to touch the day’s low of 22,719.30.

However, at 12:50 PM, the S&P BSE SENSEX was trading flat at 74,014.63, down by 92.22 points or 0.12%. NSE’s NIFTY50 edged lower by 19.55 points or 0.08% to stand at 22,948.70.

On Monday, the foreign institutional investors (FIIs) sold stocks worth ₹8,167.17 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹8,088.70 crore on a net basis, according to exchange data.

Buzzing stocks on April 7: Check list

Shares of Kalyan Jewellers India and PC Jeweller were trading mixed on Tuesday, April 7, after the jewellery retailers shared their quarterly business update for the period ended March 31, 2026.

Kalyan Jewellers India said that it recorded a consolidated revenue growth of around 64% year-on-year (YoY) in the fourth quarter of the financial year 2025-26. For FY26, revenue grew 42%.

Its India operations saw revenue growth in excess of 65% in the latest Q4 as compared to a year back due to strong same-store-sales growth across key markets, according to an exchange filing.

The standalone revenue of PC Jeweller grew 32% annually during the March quarter of the last fiscal year ended March 2026.

"Consistent performance across all quarters has contributed to FY2026 emerging as a very positive year with a revenue growth of approximately 49% YoY, marking meaningful progress in the company's ongoing turnaround journey," the filing said.

The stock of CreditAccess Grameen rallied 10% on the National Stock Exchange (NSE), a day after it reported a 14% YoY growth in its gross loan portfolio (GLP) to ₹29,590 crore in March 2026, which was in line with its annual guidance. Its GLP surged 8% YoY in Karnataka, and 11% YoY in other states.

In the corresponding period last year, its GLP stood at ₹25,948 crore. On a sequential basis, its GLP advanced 11% from ₹26,566 crore.

In the fourth quarter of the 2025-26 financial year (Q4FY26), the firm recorded a 28% YoY growth in its disbursements to ₹8,313 crore, delivering one of the strongest quarterly disbursements.

Shares of Titagarh Rail Systems gained as much as 12.9% to hit an intraday high of ₹721.95 apiece on the NSE on Tuesday, as Titagarh Naval Systems Ltd (TNSL), a wholly-owned subsidiary of the company, on Monday said it has received in-principle approval from the Union Ministry of Ports, Shipping and Waterways for its brownfield expansion project at Falta in West Bengal.

The proposed expansion project under the Centre’s Shipbuilding Development Scheme involves an investment of around ₹610 crore and is aimed at strengthening shipbuilding and maritime manufacturing capabilities in the country, according to a regulatory filing.

Under the scheme, the government extends capital assistance of around ₹129 crore towards eligible plant and machinery, subject to compliance with guidelines.

PDS Ltd stock rallied as much as 14.32% to hit an intraday high of ₹329 per unit on the NSE on Tuesday, March 7, after it entered entered a ₹450 crore Sourcing as a Service (SaaS) contract with a leading US-based value retailer.

Under the strategic sourcing mandate, PDS will provide support through its end-to-end sourcing capabilities, leveraging its global network across vendor management, compliance, and supply chain execution, it said in a regulatory filing dated April 6.

It added that the contract is expected to drive sourcing volumes of approximately ₹450 crore (or approximately $50 million), with potential to scale up gradually.

Shares of Bajaj Finance were in focus as it announced the schedule for reporting its earnings for the fourth quarter of the financial year 2025-26.

In an exchange filing on Monday, the company said that the meeting of the Board of Directors of the company will be held on Wednesday, 29 April 2026, inter-alia, to consider and approve the standalone and consolidated audited financial results for the quarter and financial year ended 31 March 2026."

The company's board will also recommend a dividend on equity shares, if any, for FY26.

The stock of Godrej Consumer Products Limited (GCPL) gained as much as 4.26% to an intraday high of ₹1,044.60 apiece on Tuesday, April 7.

This comes after the company, in a regulatory filing on April 6, said it expects to deliver near double-digit consolidated revenue growth, in line with the steady sequential improvement seen through the year. The company added that EBITDA growth is likely to be broadly in line with revenue.

The company’s standalone business is also expected to deliver double-digit underlying sales growth and high-single-digit underlying volume growth in Q4 FY26, in line with guidance provided at our last analyst interaction.

Shares of Domino's Pizza operator Jubilant FoodWorks declined as much as 11.34% to touch a 52-week low of ₹408.80 on Tuesday, April 7, after the company released its Q4 business update.

In an exchange filing on Monday, the food services player said that its consolidated revenue from operations for the fourth quarter of the financial year 2025-26 stood at ₹2,505.8 crore, reflecting a jump of 19.1% year-on-year (YoY). The standalone revenue rose advanced 6.2% YoY to ₹1,686 crore in Q4 FY26.

For the fiscal year 2026, the revenue grew by 17.2% YoY to ₹9,544.1 crore.

Domino’s India recorded a like-for-like (LFL) growth of 0.2% in the latest March quarter, according to the regulatory filing. Domino’s Turkey saw an LFL growth of 9.0% (post Ind AS 29).