The markets are in the green right now after a weak start as a result of the knee-jerk reaction to Trump’s 25% tariff announcement. The Nifty is hovering close to 24,800 and the broader markets also indicate a shift in sentiment. Here is a quick look at the movers and shakers in trade today.
Hind Copper
The Hindustan Copper share price has fallen nearly 6%. This is after US President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously threatened levies on imports of copper and other goods. According to Reuters, the details of the copper levy fell short of the sweeping restrictions expected and left out copper input materials such as ores, concentrates, and cathodes. Given the uncertainty in the space, the copper stocks have seen significant selling in trade today.
HUL
The HUL share price was the top gainer on both Nifty and Sensex. The company declared its Q1 results today. The company declared consolidated net profit of 6%. The company’s outgoing CEO and MD Rohit Jawa said: “FMCG demand has continued to remain stable. Encouraged by favourable macro-economic indicators, we strategically stepped up our investments.” All eyes are now on how the newly appointed CEO, Priya Nair steers the company forward.
Sagility
The Sagility share price also saw strong gains in trade today. JM Financial recommended Buy on the share price after the company reported organic growth in Q1 at 15.4%. This is at the upper-end of management’s low-to-mid teen growth outlook. Apart from healthy growth, resilient margins and strong cash flows reflected its efficient operations. Management also addressed investor concerns around the impact of cuts to Medicaid federal spending—mid-single digit exposure – and increase in Medicare utilisation rates – pricing pressures offset by higher offshoring.
Jio Financial Services
The Jio Financial Services share price is another star in trade today. The stock has been surging on the back of its fund raising plans. The board approved a 50-crore warrant issue at Rs 316.50 per equity share, with each warrant carrying a face value of Rs 10 and a premium of Rs 306.50. Apart from the fundraising, the company also announced its Q1 results. Its profit jumped to Rs 324.66 crore.
Adani Enterprises
The share price of Adani Enterprises is down 3%. The stock has corrected 22% over the last 1 year, and it is in focus today ahead of its numbers. The Adani Group is scheduled to declare its Q1FY26 numbers today including the likes of Adani Enterprises . The decline is also coupled with high volumes. Adani Enterprises reported net profit of Rs 265.58 crore in Q4FY25.