In the Nifty pack, 37 stocks closed in the green, while 13 stocks ended in the red.

The 30-share BSE Sensex was up 58.55 points at 81370.87

JM Financial is optimistic about JK Cement. They have reiterated a Buy rating. The target price is revised to Rs 5,850. JK Cement's Q4FY25 EBITDA exceeded expectations. Expansion plans are on track. Capacity is expected to reach 50mt by FY30. Cost-saving measures are underway. The brokerage has increased FY26-27 EBITDA estimates.

Trading below the 200 DMA is generally seen as a negative signal, as it suggests the stock is trading below its long-term trend line.

American stock futures saw a surge. The dollar also strengthened. This happened after a U.S. court put a stop to President Donald Trump's tariffs. The court ruling led to positive market reactions. Analysts suggest caution. They cite the possibility of appeals. The long-term impact on trade remains uncertain. Investors are closely monitoring developments.

The Lokpal dismissed complaints against former Sebi chairperson Madhabi Puri Buch, which were based on a Hindenburg Research report, citing a lack of verifiable material. Allegations of impropriety and conflict of interest, including investments in offshore funds linked to Vinod Adani, were deemed untenable and unsubstantiated. The Lokpal emphasized that Buch had redeemed the investments before the Sebi investigation began.

Dar Credit and Capital is set to list on the NSE SME platform after its IPO was oversubscribed 106 times. The NBFC's Rs 26.46 crore IPO, priced at Rs 60 per share, saw strong investor interest, with grey market premium indicating a potential 26.7% gain on listing.

Despite Sensex falling 625 points, five BSE500 stocks hit 52-week highs, signaling strong momentum. Top gainers include Bharat Dynamics, CCL Products, and Maharashtra Scooters with sharp monthly gains.

Info Edge announced a massive 667% jump in net profit for the March quarter. The profit reached Rs 463 crore. Revenue also increased by 14% to Rs 750 crore. The company's board proposed a final dividend of Rs 3.60 per share. This reflects strong financial performance compared to the previous year. The results indicate positive growth for the company.

Nilesh Jain, Head Vice President of Equity Research (Technical and Derivatives) at Centrum Broking, observed that market volatility has remained high over the last two to three sessions, with the India VIX climbing from about 15 to 19. He explained that this spike is largely due to a significant buildup of call writing positions, which is capping any short-covering attempts and establishing a firm resistance around the 25,000 mark.

Brokerages are optimistic about select smallcap stocks. Trendlyne data suggests potential gains in stocks like DCB Bank and PVR INOX. Analysts project returns of up to 75% for some. Other stocks with strong ratings include Pitti Engineering and Mahanagar Gas. Target prices indicate significant upside potential. These recommendations are based on expert analysis.