Major Indian companies announced Q4 results today, driving market momentum higher. Sensex gained 660.97 points to close at 77,547.88, while Nifty rose 193.80 points to 24,189.50. Vedanta's consolidated net profit surged to 9,352 crore in the March quarter, showcasing strong performance. Indian Oil Bank reported a 43 percent jump in Q4 net profit to 1,505.45 crore year-over-year. Sterlite Technologies turned profitable with 33 crore profit versus an 8 crore loss previously. Granules India and Bansal Wire also posted profit growth. Maruti Suzuki, Eternal, and CEAT shares reacted positively to results. Crude oil prices climbed 288 points to 9,773, while gold declined 913 points. Bajaj Finance and Adani Power results were awaited, with broader market sentiment remaining constructive as earnings season progresses with multiple large-cap announcements.
