Nifty, Sensex Rise on Flimsy News of Iran Peace Plan, Fall Later on Sharp Oil Price
Moneylife Digital Team 29 April 2026
On Wednesday, 2051 stocks advanced, 2180 declined and 178 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.94 indicating a negative closing. The trend of the major indices on Wednesday’s trading is given in the table below. 
 
 
On NSE, securities 140 advanced and closed at a new 52-week high whereas 18 securities sank to close at their new 52-week lows. Nifty FMCG, Nifty Auto and Nifty India Defence were among the biggest gainer. Nifty Media, Nifty PSU Bank and Nifty Auto were among the biggest loser.
 
Tanfac (-1.06%) signed a long‑term ₹61 crore annual supply deal with Blue Star for fluorinated products, ensuring revenue visibility and deeper penetration in HVAC‑linked specialty chemicals.
 
Dr. Reddy’s Laboratories (-1.83%) secured Health Canada approval for the first generic semaglutide in a G7 country, marking a breakthrough that positions it as the global reference manufacturer and potential cost‑saver for patients. This approval not only strengthens Dr. Reddy’s international credibility but also sets the stage for accelerated clearances in the US and Europe as patents expire.
 
Texmaco Rail & Engineering (+0.37%) launched Invariz Global Capability Centres (GCCs) across India, powered by ServiceNow, targeting $100m revenue by 2030 and creating 1,200+ jobs, marking a pivot into AI‑driven global services.
 
Omaxe Group (+2.21%) launched Omaxe Cassia in Lucknow with a ₹250 crore investment, selling 300 of 360 units at launch, within its 690‑acre Metro City township.
 
Bajel Projects (+3.03%) secured ₹400+ crore ultra‑mega orders for 500 kV transmission lines in MENA, reinforcing its global EPC credentials with completion due in 11 months. 
 
L&T (+1.45%) will divest its Hyderabad Metro Rail stake for ₹1,461.47 crore, exiting the project by June 2026, with limited impact on consolidated financials given the metro unit’s small contribution.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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