Indian stocks logged a second straight session of losses, with the Sensex down about 400 points to 77,448 and the Nifty 50 edging lower to 24,214. Both benchmarks fell over half a percent, but midcap and smallcap indices showed resilience, outperforming the broader market. Volatility stayed stable even as trading turned cautious.
Vedanta says it has delivered record Q4 profit and expects FY27 to stay strong. The company plans a major debt reduction, continued expansion investments and shareholder rewards, with leverage projected to hit a new low. It’s also moving ahead with its demerger, setting up four new firms to list soon, with some units potentially debt-free post-demerger.
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