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ensex Today, Nifty 50 | Stock Market Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 4th May 2026.
Benchmark indices traded modestly higher in afternoon deals, gaining a little over 0.40%, after opening with gains of more than 1%. At 1:02 p.m., the Sensex was up 325 points (0.42%) at 77,239, while the Nifty 50 rose 100 points (0.42%) to 24,098.
However, analysts expect a volatile, news-driven week, with investors closely tracking state election outcomes, crude oil prices, and developments in the West Asia conflict. Elevated Brent crude levels amid tensions around the Strait of Hormuz continue to remain a key macro concern, posing risks to inflation, the rupee, and corporate margins.
Stock-specific moves are expected to be driven by key Q4 earnings from companies such as Ambuja Cements, BHEL, and major auto makers.
Macroeconomic data, including PMI readings and foreign exchange reserves, along with FII flows and currency movements, will also influence market direction. Overall sentiment is likely to hinge on geopolitical stability and crude oil price trends.
Markets at 2.25 pm
NIFTY 50: 24,128.10 ▲ 130.55 ( +0.54%) todayBSE SENSEX: 77,311.81 ▲ 398.31 ( +0.52%) today
Key indicators for today’s trade
Bank Nifty technicals:
* Bullish structure with breakout bias: Nifty Bank has sustained a gap-up and is holding above the key psychological level of 55,000, indicating continuation strength. The index maintaining above 55,300 support keeps the near-term trend positive with scope for a move towards 56,250–56,700 resistance zone.
* Outperformance and sector breadth support: PSU Banks are outperforming Private Banks, with broad-based gains across constituents (only one stock in red). This positive market breadth strengthens the uptrend quality and reduces the risk of a narrow, fragile rally.
Nifty technical:
* Strong bullish structure above key support zone: Nifty 50 sustaining above 24,100 keeps the short-term trend positive, with immediate support placed in the 24,100–24,050 range. As long as this zone holds, the index retains upside bias toward 24,350, indicating continuation of momentum despite intraday profit booking from highs.
* Breakout and resistance setup intact: On the upside, resistance is placed near 24,400, and a decisive breakout above it could extend the rally toward 24,600. However, a fall below 24,140–24,050 would weaken momentum and open the risk of a deeper correction toward 23,900 levels.
FILTERS UPDATES
- May 4, 2026 16:14
Rupee falls 39 paise to close at all-time low of 95.23 against US dollar
Rupee fell 39 paise to close at an all-time low of 95.23 (provisional) against the US dollar on Monday, as the ongoing West Asia tensions cause volatility in global markets, keeping oil prices high and raising fears of inflation and economic slowdown.
Rupee falls 39 paise to close at all-time low of 95.23 against US dollar
The Indian rupee hits a record low of 95.23 against the dollar amid rising oil prices and foreign capital outflows.
- May 4, 2026 16:00
Quarterly results
Jindal Stainless reported consolidated net profit for the quarter ended March 2026 at Rs 834.21 crore compared to Rs 589.96 crore in the same quarter last year. To pay final dividend of Rs 3 per share
- May 4, 2026 15:49
Quarterly results
Beverage players sharply focus on affordability, ramping up distribution this summer
Leading beverage makers are strengthening their affordability play in the aerated beverage segment while ramping up distribution, as they hope to garner stronger growth rates this summer season.
Beverage players sharply focus on affordability, ramping up distribution this summer
Beverage companies prioritize affordability and distribution this summer, responding to heightened competition and rising consumer demand.
- May 4, 2026 15:48
Quarterly results
Ambuja Cements’ Q4 profit jumps 79% to ₹1,830 crore; sees cost pressures ahead
Ambuja Cements Ltd, part of the Adani Group, on Monday reported a 78.5 per cent year-on-year jump in consolidated net profit to ₹1,830 crore for the fourth quarter of FY26, supported by strong volume growth and better realisations.
Ambuja Cements Q4 Results: Profit jumps 79% to ₹1,830 cr; cost pressures ahead
Ambuja Cements reports a 79% profit surge in Q4 FY26, but anticipates ongoing cost pressures impacting future growth.
- May 4, 2026 15:43
Sensex settles 355.90 points or 0.46 per cent positive at 77,269.40, and Nifty 50 rises by 121.75 points or 0.51 per cent to 24,119.30
- May 4, 2026 15:37
Quarterly results
Wockhardt’s standalone net profit in quarter ended March 2026 up at Rs 167 crore compared to Rs 40 crore in the same quarter last year
Wockhardt’s standalone net profit for the quarter ended March 2026 stood at Rs 167 crore compared to Rs 40 crore in the same quarter last year.
Board enabled proposal for raising of funds by issue of equity shares /securities convertible into equity shares/ non-convertible securities or any combination thereof in one or more tranches of public and/or private offerings, Qualified Institutions Placement and/ or on preferential allotment basis or any combination thereof.
- May 4, 2026 15:12
Knowledge Marine & Engineering Works Limited announced the acquisition of ~15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra.
- May 4, 2026 15:05
Jyothy Labs reported net profit for the quarter ended March 2026 at ₹67.52 crore compared to ₹77 crore in the same quarter last year.
Board recommended final dividend of ₹3.50 per share.
- May 4, 2026 14:57
Aditya Birla Capital posted standalone net profit for the quarter ended March 2026 at ₹777.04 crore compared to ₹653.62 crore in the same quarter last year.
In FY26, the PAT stood at ₹3,109.32 crore as against ₹2,957.22 crore in the year-ago period.
Board approved raising of funds by issuance of NCDs within the borrowing limit of ₹2,00,000 crore (from the existing ₹1,65,000 crore).
- May 4, 2026 14:54
Embassy Developments Limited today announced that it has secured a favourable judgement from NCLAT
Embassy Developments Limited (“the Company”) today announced that it has secured a favourable judgement from the Hon’ble National Company Law Appellate Tribunal (“NCLAT”), New Delhi, which has set aside the earlier National Company Law Tribunal, New Delhi (NCLT) order admitting insolvency proceedings against the Company, thereby quashing the Corporate Insolvency Resolution Process (“CIRP”)
- May 4, 2026 14:53
Gold futures slide to ₹1.50 lakh/10g as oil surge, dollar weigh on bullion
Gold futures slide to ₹1.50 lakh/10g as oil surge, dollar weigh on bullion
Gold futures drop to ₹1.50 lakh/10g as a strong dollar and rising oil prices weigh on the market.
- May 4, 2026 14:53
NACL Industries’ standalone net loss for the quarter ended March 2026 at ₹76 lakh compared to ₹41.11 crore loss in the same quarter last year.
Board approved approvals for the closure of Nagarjuna Agrichem (Australia) Pty. Limited and NACL Industries (Nigeria) Limited, the wholly owned foreign subsidiaries of the Company.
Shares flat at ₹160.58 on the NSE.
- May 4, 2026 14:24
MobiKwik declares #EverythingIsFair for UPI Cashback & Instant Loans, featuring Rajasthan Royals Stars
- May 4, 2026 14:19
Ambuja Cements’ standalone net profit for the quarter ended March 2026 stood at ₹1,643.66 crore compared to ₹555.07 crore in the same quarter last year
In FY26, the PAT stood at ₹3,558.37 crore as against ₹2,835 crore in the year-ago period.
Board recommended dividend of ₹2 per share.
Shares up 2% on the NSE to ₹454.
- May 4, 2026 14:18
Mitsu Chem Plast net profit doubles in Q4 on strong demand
Mitsu Chem Plast net profit doubles in Q4 on strong demand
Mitsu Chem Plast's Q4 net profit doubled to ₹8 crore, driven by strong demand and expanded operational capacity.
- May 4, 2026 14:11
Oriental Hotels’ standalone net profit for the quarter ended March 2026 at ₹29.16 crore as against ₹17.69 crore in the same quarter last year
Board recommended dividend of Rs 0.65 per share.
- May 4, 2026 14:05
Exide Industries’ standalone net profit for the quarter ended March 2026 stood at ₹213.44 crore compared to ₹254.60 crore in the same quarter last year
In FY26, the PAT stood at ₹1,111.33 crore as against Rs 1,076.93 crore in the year-ago period.
Board recommended dividend of ₹2 per share.
Shares flat on the NSE at ₹360.45
- May 4, 2026 14:01
RBI explores steps to mobilise dollar inflows as rupee slides, sources say
RBI explores steps to mobilise dollar inflows as rupee slides, sources say
RBI considers measures to attract dollar inflows as the rupee hits a record low amid rising oil prices.
- May 4, 2026 13:46
Simca Advertising to raise ₹58 cr via IPO on NSE Emerge
Simca Advertising to raise ₹58 cr via IPO on NSE Emerge
Simca Advertising aims to raise ₹58 crore through an IPO on NSE Emerge, opening for subscription on May 8.
- May 4, 2026 13:41
HFCL secured orders of ₹84.23 crore approx. for supply of Optical Fiber Cables (OFC)
Shares traded 6% higher at ₹123.14 on the NSE
- May 4, 2026 13:34
NSE-CareEdge Ratings commercially launches PaRRVA, a standard framework for investment performance verificatio
- May 4, 2026 13:30
Kothari Sugars posts Rs 63 lakh Q4 profit vs loss a year ago; shares steady
Kothari Sugars And Chemicals reported profit for the quarter ended March 2026 at Rs 63.20 lakh as against Rs 11.96 crore profit in December 2025 quarter and Rs 69.34 lakh loss in the March quarter last year.
Shares traded at Rs 28.32 on the NSE.
- May 4, 2026 13:20
Godrej Properties posts record ₹1,850 crore profit in FY26, stock gains
Godrej Properties FY26 profit rises 32% to ₹1,850 crore, stock gains
Godrej Properties reports record ₹1,850 crore FY26 profit, strong bookings and collections; stock rises after robust earnings and growth outlook.
- May 4, 2026 13:16
Sun TV Network falls 9% as DMK trails in Tamil Nadu election trends
Sun TV shares plunge over 9% as DMK trails in Tamil Nadu election trends
Sun TV shares fall 9% as Tamil Nadu election trends show DMK trailing TVK, sparking investor concerns over political linkage and stock volatility.
- May 4, 2026 13:07
Gold edges lower on rate fears, Iran tensions cap downside
Gold slips amid rate concerns, but Iran tensions cap downside
Gold prices dip amid rate hike fears and geopolitical tensions, with MCX Gold trading around ₹1,51,000 per 10 grams.
- May 4, 2026 13:07
Gains narrow by noon; Kotak Bank, Bharti Airtel drag as broader market stays firm
Gains narrow by noon; Kotak Bank, Bharti Airtel drag as broader market stays firm
Markets maintain midday gains led by Hindustan Unilever, while Kotak Bank and Bharti Airtel weigh down broader indices.
- May 4, 2026 12:51
Godrej Properties Q4 profit jumps 71% to Rs 645 crore; annual profit rises, shares gain 4%
Godrej Properties reported consolidated net profit for the quarter ended March 2026 at Rs 645.44 crore compared to Rs 378.44 crore in the same quarter last year.
In FY26, the PAT increased to Rs 1,840.66 crore as against Rs 1,389.23 crore in the year-ago period.
Shares traded 4% higher at Rs 1,909.40 on the NSE.
- May 4, 2026 12:48
Assam results: Himanta Biswa Sarma set for landslide second term in early trends
Assam results: Himanta Biswa Sarma leads big, headed for second term
BJP leads Assam election trends with clear majority as Himanta Biswa Sarma heads for second term; Congress trails as counting shows decisive mandate.
- May 4, 2026 12:42
Ather Energy posts record volumes, narrows losses in FY26; stock slips on results day
Ather Energy posts record volumes, narrows losses in FY26; stock slips on results day
Ather Energy reports record sales and narrows losses in FY26, but stock slips 2.25% on results day.
- May 4, 2026 12:39
Kirloskar Pneumatic makes Systems and Components (India) Private Limited a wholly owned subsidiary; shares surge 5%
Kirloskar Pneumatic Company has acquired balance 44.74% equity shares from the existing Promoter Shareholder of Systems and Components (India) Private Limited (Subsidiary Company) on May 4, 2026 pursuant to the Share Purchase and Share Holders’ Agreement (SPSHA). As a result, the Subsidiary Company has become Wholly Owned Subsidiary of KPCL with effect from May 4, 2026.
Shares surged 5% to Rs 1,573.90 on the NSE
- May 4, 2026 12:37
RBI, IRDAI not inclined to allow commodity derivative investments, SEBI says
RBI, IRDAI not inclined to allow commodity derivative investments, SEBI says
RBI and IRDAI oppose allowing banks and insurers to invest in commodity derivatives, impacting MCX shares negatively.
- May 4, 2026 12:24
Vodafone Idea shares rise 3% as govt cuts AGR dues by 27% to Rs 64,046 crore and allows five-year moratorium
Vodafone Idea shares rose 3 per cent to ₹10.50 on the BSE at 12.23 pm, after opening higher at ₹11.24 compared with the previous close of ₹10.22, as the Govt slashed the adjusted gross revenue liability of the telecom company by about 27 per cent to Rs 64,046 crore after reassessing statutory dues, and has allowed a five-year moratorium on these payments.
- May 4, 2026 12:22
Prudent Corporate launches AI platform ‘Edge+’ for mutual fund distributors
Prudent Corporate launches AI platform ‘Edge+’ for mutual fund distributors
Prudent Corporate launches Edge+, an AI platform for mutual fund distributors to enhance client servicing and drive business growth.
- May 4, 2026 12:17
Coal India announces major diversification into renewable energy infrastructure; shares steady
Coal India shares flat on the BSE at Rs 479.60.It had announced a significant diversification into renewable energy infrastructure.
- May 4, 2026 12:16
Aurobindo Pharma’s CuraTeQ Biologics receives Health Canada NOC for Bevqolva biosimilar; shares steady
Aurobindo Pharma shares flat on the BSE at Rs 1,385.25. Its subsidiary CuraTeQ Biologics received a Notice of Compliance (NOC) from Health Canada’s Biologics and Radiopharmaceuticals Directorate (BRDD) for Bevqolva, its bevacizumab biosimilar.
- May 4, 2026 12:16
NCC shares gained 2% on the BSE to Rs 166.75 on bagging orders worth over Rs 1,700 crore
- May 4, 2026 12:16
Bharat Forge acquires 30% stake in Fortuna Engineering for Rs 129.6 crore; shares slip 2%
Bharat Forge Ltd acquired a 30% stake in Fortuna Engineering Private Limited at an equity value of Rs 129.60 crore
Shares down 2% on the BSE to Rs 1,848.15.
- May 4, 2026 12:15
WeWork India opens new Aerocity centre, expands NCR footprint
WeWork India opens Aerocity centre, adds 1.1 lakh sq ft in Delhi-NCR
WeWork India opens new Aerocity centre in Delhi, adding 1.1 lakh sq ft and 1,400 desks, as flexible workspace demand surges across NCR.
- May 4, 2026 12:10
Bajaj Auto sales rise 40% in April on export surge; buyback ahead
Bajaj Auto April sales rise 40% on export surge; buyback ahead
Bajaj Auto on Monday reported a 40% year-on-year rise in total sales for April at 5.13 lakh units, driven by strong export demand.
- May 4, 2026 12:09
Siemens wins order worth over Rs 1,825 crore; shares rise 2%
Siemens secured order worth over Rs 1,825 crore
Shares up 2% on the NSE to Rs 3,900.
- May 4, 2026 11:54
IKIO Technologies posts Rs 17.5 crore Q4 profit vs year-ago loss; shares jump 4%
IKIO Technologies reported consolidated net profit for the quarter ended March 2026 at Rs 17.5 crore compared to Rs 6.70 million loss in the same quarter last year.
Shares surged 4% to Rs 164.25 on the NSE.
- May 4, 2026 11:50
Bitcoin nears $80,000, led by ETF inflows; investors urged to tread carefully amid macro risks and key resistance zone
Vikram Subburaj, CEO, Giottus.com
May 04, 2026
Bitcoin moved back towards the $80,000 mark on May 4, 2026, with desks showing BTC near $80,099. This is up 2.51% in 24 hours with a market capitalisation of about $1.60 trillion. The move is important because BTC has crossed the $78,100 True Market Mean. This level had acted as the main near-term ceiling in mid-April.
The immediate trading band is now clearer. The first support sits around $78,000-$78,100, followed by the broader $74,000-$76,000 zone. Resistance is clustered around $80,100-$81,000. A clean hold above $78,100 would suggest that the market has absorbed part of the overhead supply from short-term holders.
On-chain data show that this is not yet a euphoric phase. An April 15 reading placed short-term-holder supply in profit at 43.2%, while the 30-day EMA of the realised profit/loss ratio stood at 1.16. That combination points to improving sentiment, but also shows that investors are selling into strength.
ETF flows supported the recovery. U.S. spot Bitcoin ETFs took in $663.9 million on April 17, $238.4 million on April 20, $335.8 million on April 22, and $629.8 million on May 1. The weak patch came between April 27 and April 29. This is when ETFs saw outflows of $263.2 million, $89.7 million, and $137.6 million.
The April-end macro backdrop remained complicated. The U.S. Federal Reserve kept rates at 3.50%-3.75% on April 29. However, the decision saw four dissents and it was the most divided vote since 1992, as per reports. Iran-war inflation risk and oil above $100 a barrel kept rate-cut expectations under pressure.
Altcoins were positive, but not broadly strong. ETH was around $2,363, up 2.76% in 24 hours; XRP was near $1.41, up 1.70%; BNB was near $625.80, up 1.70%; SOL was around $84.60 in a market-cap table; and TRX was near $0.33. The market, therefore, remains BTC-led rather than altcoin-led.
Our advice: Investors should treat the $78,000-$80,000 Bitcoin zone as a decision band rather than a breakout confirmation. ETF inflows above $600 million on strong days indicate institutional demand remains strong, but macro risks remain elevated ahead of the May 12 U.S. CPI print. Investors may prefer staggered entries instead of chasing short-term rallies near resistance. Portfolio allocation should remain selective, with attention on liquidity, macro data, and position sizing rather than momentum alone.
- May 4, 2026 11:49
Crypto markets see volatility as ‘Project Freedom’ adds macro trigger; Bitcoin steady, altcoins rally; investors urged to take measured approach
The announcement of “Project Freedom” around the Strait of Hormuz has added a fresh macro trigger to crypto markets, with Bitcoin holding steady in the $78K–$80K range even as assets like Ethereum and Dogecoin see sharper upward moves. This divergence highlights a shift in market structure where Bitcoin is acting as a stability anchor, while liquidity is rotating into higher beta plays. The recent price action also reinforces how closely crypto is now tied to global developments, with geopolitical signals driving short term sentiment, quick reversals, and bursts of volatility across the board.
From an investor perspective, this environment calls for a measured and disciplined approach. Instead of chasing sharp rallies in select tokens, investors should focus on staggered accumulation, prioritising fundamentally strong assets and maintaining a balanced allocation. It is equally important to avoid reacting impulsively to headline driven moves and instead track key price levels and liquidity flows. Phases where Bitcoin consolidates while altcoins outperform can often indicate early signs of a broader upcycle, but navigating this phase effectively will depend on patience, consistency, and a long term.
-Avinash Shekhar, Co-Founder & CEO, Pi42
- May 4, 2026 11:49
JTL Industries receives ACRS certification for reinforcing and structural steels; shares steady
JTL Industries has been granted Product Conformity Certification from the Australasian Certification Authority for Reinforcing and Structural Steels (ACRS).
Shares flat on the NSE at Rs 79.39
- May 4, 2026 11:48
Bharat Heavy Electricals Q4 profit surges to Rs 1,283 crore; board recommends Rs 1.40 dividend, shares hit upper circuit
Bharat Heavy Electricals reported standalone net profit for the quarter ended March 2026 at Rs 1,282.68 crore compared to Rs 504.05 crore in the same quarter last year.
In FY26, the PAT jumped to Rs 1,577.95 crore as against Rs 512.97 crore in the year-ago period.
Board recommended final dividend of Rs 1.40 per share.
Shares jumped 10% to upper circuit of Rs 387.65 on the NSE.
- May 4, 2026 11:46
India manufacturing PMI rises to 54.7 in April, inflation pressures persist
India manufacturing PMI rises to 54.7 in April, input cost inflation intensifies
India’s manufacturing PMI rises to 54.7 in April, signalling growth, but rising input costs and inflation pressures continue to weigh on the sector.
- May 4, 2026 11:39
Steel Exchange raises ₹40.32 crore via warrants, shares gain on NSE
Steel Exchange India raises ₹40.32 crore via warrants, shares edge higher
Steel Exchange India raises ₹40.32 crore via warrant allotment and conversion; shares trade higher as company eyes expansion and growth opportunities.
- May 4, 2026 11:21
Milky Mist raises around ₹480 crore from Temasek in a pre-IPO round
Milky Mist raises around ₹480 crore from Temasek in a pre-IPO round
Milky Mist raises ₹480 crore from Temasek ahead of its IPO, reporting ₹3,275 crore revenue in FY26.
- May 4, 2026 11:15
Ather Energy narrows Q4 loss to Rs 100 crore; annual loss declines to Rs 517 crore
Ather Energy posted net loss for the quarter ended March 2026 at Rs 100.23 crore compared to Rs 234.36 crore loss in the same quarter last year. In FY26, the loss stood at Rs 517.17 crore, down from Rs 812.28 crore (loss) in the year-ago period.
Shares flat at Rs 925.20 on the NSE.
- May 4, 2026 11:15
WeWork India opens Worldmark 6 in Aerocity, expands NCR footprint
WeWork India expands footprint in NCR with the opening of WeWork Worldmark 6, Aerocity
Shares flat on the NSE at Rs 544.25
- May 4, 2026 11:13
Adani Enterprises to invest ₹17,000 crore in airports, leads ₹40,000 crore FY27 capex
Adani Enterprises to invest ₹17,000 crore in airports as part of ₹40,000 crore FY27 capex
Adani Enterprises to invest ₹17,000 crore in airports, accelerating Navi Mumbai expansion and Ahmedabad terminal ahead of 2030 Commonwealth Games.
- May 4, 2026 11:08
Nifty Bank Prediction Today – May 4, 2026: Nifty Bank futures: Bullish signs seen
Nifty Bank began today’s session with a gap-up at 54,938 compared to last week’s close of 54,863. The index rose further and is now trading at 55,340, up 0.8 per cent.
Nifty Bank Prediction Today – May 4, 2026: Nifty Bank futures: Bullish signs seen
Nifty Bank shows bullish trends today, with potential futures rise to 56,250; trade strategy recommended for optimal gains.
- May 4, 2026 11:07
Vi shares jump on AGR relief; dues cut by ₹23,649 crore
Vi shares jump on AGR relief; dues cut by ₹23,649 crore
Vodafone Idea's shares rise following ₹23,649 crore AGR dues cut, boosting investor confidence and improving financial outlook.
- May 4, 2026 10:56
Nifty Prediction Today – May 04, 2026: Nifty 50 Futures: Bullish. Go long on dips
Nifty 50 has begun the week on a positive note. The index opened with a gap-up at 24,102.50 and touched a high of 24,290 in the early trades.
Nifty Prediction Today – May 04, 2026: Nifty 50 Futures: Bullish. Go long on dips
Bullish Nifty 50 outlook for May 4, 2026: Buy on dips with key support at 24,180-24,140.
- May 4, 2026 10:53
Sun TV Network shares tank over 8% to Rs 556.70
- May 4, 2026 10:51
Kotak Mahindra Bank shares fall 5% despite Q4 profit beat, top Nifty 50 loser
Kotak Mahindra Bank shares declined as much as 5 per cent in early trade on Monday, even as the lender reported a rise in fourth-quarter profit, with the stock reacting to mixed underlying cues and cautious commentary around growth and profitability.
Kotak Mahindra Bank shares fall 5% despite Q4 profit beat, top Nifty 50 loser
Kotak Mahindra Bank shares drop 5% despite strong Q4 profit, as brokerages provide mixed outlooks on growth and profitability.
- May 4, 2026 10:49
Reliance Industries traded at ₹1,445.20 on the NSE, up 1%. Reliance Retail, a subsidiary, had acquired Anomaly.
- May 4, 2026 10:43
Sona BLW falls 4% to ₹580 even as Q4 profit rises 17% to ₹192 crore
Sona BLW shares were down 4% to Rs 580.20, hitting a low of Rs 576.35 from the previous close of Rs 607.25.
The company on Thursday said its profit after tax grew 17 per cent to ₹192 crore for the three months to March.
- May 4, 2026 10:31
Will Vijay breach Fort St George? TVK surges in Tamil Nadu; UDF poised for win in Kerala
Will Vijay breach Fort St George? TVK leads early in Tamil Nadu; UDF set to take power in Kerala
Assembly election trends show a three-way contest in Tamil Nadu, UDF leading in Kerala, NDA ahead in Assam, and a tight BJP-TMC race in West Bengal.
- May 4, 2026 10:29
Rupee falls 11 paise to 94.95 against US dollar in early trade
Rupee falls 11 paise to 94.95 against US dollar in early trade
Rupee declines 11 paise to 94.95 against the US dollar amid geopolitical tensions and rising oil prices in early trade.
- May 4, 2026 10:28
Indian bonds gain as higher yields lure value investors; states' poll results eyed
Indian bonds gain as higher yields lure value investors; states' poll results eyed
Indian bonds rise as yields attract investors; election results in focus amid fluctuating oil prices.
- May 4, 2026 10:24
Bharat Forge shares flat as it acquires 30% stake in Fortuna Engineering for ₹130 crore
Bharat Forge shares flat on the NSE at Rs 1,893.70. The company to acquire a 30% stake in Fortuna Engineering for Rs 130 cr
- May 4, 2026 10:23
Avenue Supermarts (DMART) Q4 profit rises 19% to Rs 656 crore; shares fall over 4%
Avenye Supermarts (DMART) shares were down over 4% on the NSE to Rs 4,390.
Company reported a 19.17 per cent year-on-year rise in its consolidated net profit at Rs 656.42 crore in the March quarter of FY26.
- May 4, 2026 10:09
Gold, silver may be range-bound next week as US-Iran crisis, macroeconomic data set tone: Analysts
Gold, silver may be range-bound next week as US-Iran crisis, macroeconomic data set tone: Analysts
Analysts predict mixed movements in gold and silver prices next week due to US-Iran tensions and key economic data.
- May 4, 2026 09:58
Sensex jumps 820 points, Nifty gains 1% in strong early trade
Benchmark indices were up 1%. Sensex climbed 820.43 pts or 1.07% to 77,733.93 at 9.55 am, and Nifty 50 gained 240.85 pts or 1% to 24,238.40.
- May 4, 2026 09:55
Kotak Mahindra, Zen Tech, Netweb & DMart shares fall after Q4 results. Follow our live
Q4 Results 04th May Live: BHEL, Ambuja Cements, Aditya Birla Capital, Godrej Properties, Sobha, Ather Energy, Tata Tech, Exide Ind, Jindal Stainless, KEI Ind to announce Q4 results, Kotak Mahindra, Zen Tech, Netweb & DMart shares fall
Q4 Results Today, 04th May 2026 Live Updates: Find all the latest Q4 results 2026 updates of Aarti Industries, Aditya Birla Capital, Adjia Technologies, Ambuja Cements, Antelopus Selan Energy, Ather Energy, Bharat Heavy Electricals, Computer Age Management Services, CSB Bank, De Nora India, Desco Infratech, Exide Industries, Godrej Properties, Harshdeep Hortico, IIFL Capital Services, Indokem, Infinity Infoway, Integra Switchgear, Jaiprakash Power Ventures, Jindal Stainless, Jyothy Labs, KEI Industries, Key Corporation, Kkalpana Plastick, Krishival Foods, Latent View Analytics, Manappuram Finance, NACL Industries, Nath Bio-Genes (India), Nalin Lease Finance, Oriental Hotels, Petronet LNG, Quess Corp, SG Mart, Shiva Cement, Sungold Media and Entertainment, SNL Bearings, Sobha, Southern Magnesium & Chemicals, South West Pinnacle Exploration, Suryo Foods & Industries, Tata Chemicals, Tata Technologies, Thakral Services India, Vivanza Biosciences, and Wockhardt. Quick take | Last week Kotak Mahindra Bank, Avenue Supermarts, APL Apollo Tubes, Epigral, Netweb Tech, Adani Enterprises, Adani Ports, Bajaj Finance, Bajaj Finserv and more announced Q4 results. Stay tuned for more updates from businessline
- May 4, 2026 09:55
Ashok Leyland April sales up 9% at 14,646 units; shares steady
Ashok Leyland posted total sales of 14,646 units in April 2026 compared to 13,421 units in April 2025.
Shares flat at Rs 163.09 on the NSE
- May 4, 2026 09:54
teel Exchange raises ₹40.32 crore via warrants
Steel Exchange India Limited Announces Rs. 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants
- May 4, 2026 09:54
Lloyds Metals commissions second 4 MTPA pellet plant at Konsari in record 16 months; shares edge higher
Lloyds Metals And Energy commissioned its second 4 MTPA pellet plant at Konsari in a record time of 16 months from the date of commencement of construction
Shares up 1% on the NSE to Rs 1,784.10.
- May 4, 2026 09:53
GameStop proposes $56 billion bid to acquire eBay, offers $125 per share
GameStop makes $56 billion bid for eBay, eyes challenge to Amazon
GameStop bids $56 billion to acquire eBay, offering $125 per share as CEO Ryan Cohen eyes synergies and aims to build a stronger rival to Amazon.
- May 4, 2026 09:44
Bajaj Auto April sales rise 40% to 5.14 lakh units; shares jump 4%
Bajaj Auto recorded total sales of 5,13,792 units in April 2026 compared to 3,65,810 units in April 2025.
Shares surged 4% to Rs 10,393 on the NSE
- May 4, 2026 09:43
Adani Ports cargo volumes up 15% YoY in April; container and dry cargo drive growth
APSEZ handled 43.1 MMT of total cargo (+15% YoY). The growth was led by containers (+17% YoY) and dry cargo (+17% YoY)
Adani Ports traded at Rs 1,692.20 on the NSE, up 2%
- May 4, 2026 09:43
OneSource enables second generic semaglutide approval in Canada, paving way for first two entrants
OneSource Supports Second Generic Semaglutide Approval in Canada-Enables commercialisation for the first two entrants in the world s second-largest semaglutide market
Shares traded flat on the NSE at Rs 1,731.10
- May 4, 2026 09:37
Bitcoin surpasses $80,000 as Asian stocks near record highs
Bitcoin surpasses $80,000 as Asian stocks near record highs
Bitcoin hits $80,000 as Asian stocks approach record highs, fueled by strong corporate earnings and positive market sentiment.
- May 4, 2026 09:25
Crude oil futures rise despite Trump’s decision to free Hormuz vessels
Crude oil futures rise despite Trump’s decision to free Hormuz vessels
Crude oil futures rise as Trump announces a humanitarian gesture to free vessels in the Strait of Hormuz.
- May 4, 2026 09:24
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: Bajaj Auto (+4.04%), Maruti (+3.95%), Adani Ports (+3.13%), HUL (+2.76%), Tata Consumer (+2.35%)
Top losers: Kotak (-3.20%), Dr Reddy’s Lab (-2.04%), ONGC (-0.57%), TCS (-0.390%)
- May 4, 2026 09:22
DAM Cap on Indus Tower
Neutral, TP Rs 434
Indus’ financials were broadly in line with estimates
Tower additions were higher than estimates but mainly driven by new towers (likely Airtel) as incremental tenancies of 1,300 remained muted
Maintenance capex continues to remain elevated and a flat ARPT continues to be a disappointment.
Expect Rev/adj. EBITDA/PAT CAGR of 8/6/6% p.a. over FY26-28E
Cut multiple from 7.5x to 7.0x on account of higher maintenance capex & overhang of Jio sites
- May 4, 2026 09:22
Jefferies on Indus Tower
U-P, TP Rs 370
Q4 in line though the dividend of Rs14/share surprised negatively.
Over FY26-29, expect Indus to deliver 3% EPS CAGR, which along with sub-4% dividend yield makes risk-reward unattractive
With reassessment of VIL’s AGR liabilities and dividend payout behind, see limited positive triggers particularly amidst upcoming renewal risks
- May 4, 2026 09:22
HSBC on Indus Tower
Reduce, TP Rs 345
FCF and dividends came below HSBCe as capex grew 28% y/y, despite organic co-location additions declining by 15% y/y
Stock has priced in excessive tenancy additions from Vi; rentals to remain under pressure from lack of pricing power
Slower than expected FCF growth would be key de-rating catalyst
- May 4, 2026 09:22
UBS on Indus Tower
Neutral, TP Rs 495
Q4FY26: Soft results; Rs14/share dividend below expectation
Operating metrics:
Indus added c4.9k towers (vs 3.5K/4.3k/2.5k in Q3/Q2/Q1FY26) & 6.2k tenancies (vs 6.1k/4.5k/5.8k in Q3/Q2/Q1FY26).
Tenancy ratio was flattish QoQ at 1.62x ( vs 1.62x in Q3FY26 and 1.63x in Q4FY25)
Co’s lean tower count grew marginally to c14k.
Revenue / Capex
Average rental per tower was down 1% QoQ to Rs 66.6k & average rental per tenant was down 0.8% QoQ to Rs 41.1k, both were 2-3% lower than estimates
Capex increased sequentially to Rs23.3bn (vs 19.8bn/25.6bn/19.5bn in Q3/Q2/Q1FY26), FY26 capex of cRs88bn is up 28% YoY.
Key updates,
i) Final dividend of Rs14/share recommended, FY26 payout ratio at 52%;
ii) Board approved incorporation of GIFT city subsidiary, will act as investment holding company for overseas subsidiaries and undertake treasury operations.
- May 4, 2026 09:21
Nomura on Indus Tower
Buy, TP Raised to Rs 505
Largely stable 4Q; tenancy additions robust
Dividend reinstatement positive; lower Vi AGR may aid debt raise
Marginal sequential EBITDA decline on higher seasonal maintenance expense
Stock currently trades at 13.3x/ 6.3x FY28F P/E and EV/EBITDA respectively
Think any progress towards Vi debt raise will be a key catalyst for Indus Towers.
- May 4, 2026 09:21
CLSA on Indus Tower
High Conviction O-Pm TP Rs 580
4Q core revenue of Rs53bn was up 5% YoY/1% QoQ & core Ebitda adjusted for collections of past overdues was up 6% YoY/ flat QoQ, both in line with our estimates.
4Q net tenancy additions were 6,192 and it added 4,892 towers to 264,514 total, both highest in any quarter of FY26.
FY26 Ebitda was up 11% YoY & CEO said the growth outlook is strong.
AGR relief for VIdea also bodes well for Indus.
Also, after three years, board reinstated the dividend at R14 for FY26.
Indus has net cash of Rs49bn on b/s & lease liabilities are 132% of debt
Retain projected core Ebitda Cagr of 10% by FY29CL, & val compelling at 6x EV/Ebitda
- May 4, 2026 09:20
Opening Bell: Sensex jumps 535 points, Nifty crosses 24,160 in early trade after holiday break
Sensex gained 534.84 pts or 0.70% to 77,448.34 at 9.16 am, and Nifty 50 rose by 166 pts or 0.69% to 24,163.55. On Thursday, Sensex settled 582.86 pts or 0.75% lower at 76,913.50, and Nifty 50 was down 180.10 pts or 0.74% to 23,997.55. Market was closed on Friday on account of Maharashtra Day.
- May 4, 2026 09:15
Crude oil futures rise despite Trump’s move to free vessels in Strait of Hormuz
Crude oil futures traded higher on Monday morning despite US President Donald Trump’s decision to free vessels stranded in the Strait of Hormuz, describing the move as a ‘humanitarian gesture’. At 9.13 am on Monday, July Brent oil futures were at $108.60, up by 0.40 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $102.12, up by 0.17 per cent. May crude oil futures were trading at ₹9732 on Multi Commodity Exchange (MCX) during the initial hour of trading on Monday against the previous close of ₹9665, up by 0.69 per cent, and June futures were trading at ₹9302 against the previous close of ₹9214, up by 0.96 per cent.
- May 4, 2026 08:46
Rupee to find brief support on softer oil, outlook remains bearish
Rupee to find brief support on softer oil, outlook remains bearish
The rupee is set to open slightly higher, supported by falling oil prices, but remains under bearish pressure.
- May 4, 2026 08:43
GAAR rules coaching for classes 5–12 as ‘supplementary education’, liable for 18% GST
18% GST on coaching services upheld by Gujarat AAR, no exemption for institutes
Gujarat AAR rules 18% GST on coaching services, classifying them as commercial training, raising concerns over affordability and access to education.
- May 4, 2026 08:32
Assam polls: BJP leading in 10 seats, Cong in 6 as counting begins
The ruling BJP was leading in 10 of the 126 Assembly constituencies in Assam, while the opposition Congress was ahead in six, according to initial trends shown by television channels.
The Election Commission is yet to come out with any official figures.
Counting of votes began at 8 am, with postal ballots being taken up first. - PTI
- May 4, 2026 08:29
Bengal polls: Early trends show BJP ahead as counting begins
Early trends from multiple television networks on Monday indicated the opposition BJP edging ahead as counting of votes for the West Bengal Assembly elections got underway across centres in the state.
The Election Commission is yet to come out with any official figures.
According to TV 9 Bangla, the TMC was leading in around 11 seats, while the BJP was ahead in 14 seats.
Zee News said TMC was ahead in 18 seats and the BJP in 21.
Figures from Republic Bangla indicated the TMC leading in 4 seats, while the BJP was ahead in 19 seats. - PTI
- May 4, 2026 08:28
Global crude oil market faces 4.8 mbpd deficit amid West Asia disruptions: report
Global oil supply deficit of 4.8 mbpd may ease through demand destruction: report
Global oil markets face a 4.8 mbpd supply gap amid West Asia disruptions, with demand destruction expected to rebalance prices and ease volatility over time.
- May 4, 2026 08:19
Bullion Cues: Range-bound bias in gold and silver futures
Bullion Cues: Range-Bound Bias
Gold and silver prices show a range-bound bias, with potential breakout levels indicating future trading strategies.
- May 4, 2026 08:17
US Market Outlook: More rise on the cards
US Market Outlook: More Rise Is On The Cards
US market outlook indicates a sustained uptrend for major indices, with potential for further gains in the coming weeks.
- May 4, 2026 08:05
Counting of votes begins across TN in all the 62 designated counting centres.
- May 4, 2026 08:05
Counting of votes for 293 seats of West Bengal assembly begins as TMC eyes fourth straight term in power, BJP to script history.
- May 4, 2026 08:02
Global earnings resilience seen supporting equities despite stagflation concerns: Report
Global earnings resilience seen supporting equities despite stagflation concerns: Report
Global earnings resilience may support equities despite stagflation fears, as JP Morgan highlights positive projections across sectors.
- May 4, 2026 07:57
Index Outlook: Supports ahead
Index Outlook: Supports Ahead
Market indices are poised for a potential rebound, supported by key levels despite recent volatility and foreign investor outflows.
- May 4, 2026 07:50
Buying the Nifty 50 and Nifty 500 dips? This bull run has offered shallow ones than any in the past
Buying the Nifty 50 and Nifty 500 dips? This bull run has offered shallow ones than any in the past
Data shows fewer deep corrections in the current Nifty bull run, raising questions on aggressive dip buying as shallow declines dominate markets.
- May 4, 2026 07:38
Brent crude, after dropping as much as 2.4% to $105.55 a barrel, recovered its losses to rise back above $108.
- May 4, 2026 07:38
Asian equities gain as tech strength offsets geopolitical concerns
Asian equities opened higher while crude oil prices moved unevenly, as investors weighed mixed cues from the Middle East, with robust corporate earnings continuing to support technology stocks.
MSCI’s Asia Pacific Index gained 0.4%, led by a 2.4% surge in South Korea, a key artificial intelligence hub. Meanwhile, US equity-index futures were volatile after the S&P 500 and Nasdaq 100 closed at record highs on Friday, driven by strong megacap tech earnings. - agencies
- May 4, 2026 07:35
Gold dips as inflation concerns linger; markets watch US-Iran talks
Gold prices nudged lower on Monday, weighed down by inflation worries that clouded the U.S. monetary policy outlook, while markets awaited developments in U.S.-Iran peace negotiations.
* Spot gold was down 0.3% at $4,599.45 per ounce, as of 0114 GMT - Reuters
- May 4, 2026 07:11
Markets set for firm start near 24,270, but sustainability hinges on earnings and volatility
Hariprasad K, SEBI-registered Research Analyst and Founder, Livelong Wealth.
Indian markets are poised to begin the week on a firm footing, with Gift Nifty signalling a gap-up opening near the 24,270 mark, well above the previous close of 23,997. The positive carryover reflects improving global sentiment, with Asian markets also trading in the green, setting the stage for a supportive start to domestic equities.
However, while the opening bias is clearly optimistic, the key question remains one of sustainability. Markets continue to operate in an environment where momentum is largely event-driven, rather than supported by broad-based conviction.
Earnings-driven action will be a critical factor to watch in today’s session. Heavyweights such as Ambuja Cements, Bharat Heavy Electricals Limited, and Tata Technologies are expected to play a pivotal role in shaping sectoral sentiment. Strong performance from Ambuja could reinforce confidence in the cement and infrastructure theme, particularly around execution and synergy benefits. BHEL’s numbers will be closely tracked as a proxy for capital goods and PSU momentum, where expectations remain elevated. Tata Technologies, meanwhile, will be key for sentiment in the ER&D and IT space, especially following recent underperformance.
In addition, stocks such as Godrej Properties and Aditya Birla Capital are likely to influence sentiment in the real estate and NBFC segments respectively, with management commentary expected to carry as much weight as the headline numbers in guiding near-term direction.
From a volatility perspective, India VIX remains elevated at around 18.4. While not at extreme levels, it continues to signal underlying caution. A sustained upside move could help compress volatility, easing option premiums and supporting a more stable trading environment. Conversely, any failure to build on the positive opening may keep volatility elevated, limiting aggressive positioning.
- May 4, 2026 07:08
Market turbulence hit AMCs in Q4 on sequential basis, long-term appears bright
Market turbulence hit AMCs in Q4 on sequential basis, long-term appears bright
Q4 market turbulence affected AMCs' profits, but long-term growth remains optimistic with strong SIP inflows and revenue resilience.
- May 4, 2026 07:05
15 stocks including Infosys, Tech Mahindra, HCLTech, Reliance to remain in focus on May 4
15 stocks to track on Monday, May 4: Infosys, Tech Mahindra, HCLTech, Reliance
Key stocks like Infosys, Reliance, and HCLTech drive growth in India's dealmaking and expansion on May 4.
- May 4, 2026 06:53
US launches ‘Project Freedom’ to escort ships through Strait of Hormuz, warns Iran
US launches Project Freedom to escort ships in Strait of Hormuz, warns Iran
US begins Project Freedom to escort ships in Strait of Hormuz, warns Iran against interference as tensions disrupt oil supply and push global prices higher.
- May 4, 2026 06:48
State elections outcome, oil prices, earnings major drivers for stock markets this week: Analysts
Stock markets are likely to be guided this week by the outcome of state elections and high crude oil prices amid the West Asia conflict, say analysts.
The developments related to the West Asia conflict and the Strait of Hormuz will also be tracked by investors, they said.
Counting of votes for the five assembly elections in West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry will begin on Monday, May 4.
“The most immediate catalyst will be the outcome of key state elections, with investors closely watching whether the ruling party at the Centre can wrest West Bengal from Trinamool Congress and make meaningful inroads into opposition-ruled Kerala and Tamil Nadu, where the Bharatiya Janata Party (BJP) currently has a limited presence,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.
Crude oil remains the single most critical macro variable, Hariprasad said. - PTI
- May 4, 2026 06:46
Gold, silver may be range-bound next week as US-Iran crisis, macroeconomic data set tone: Analysts
Precious metal prices are expected to witness mixed movement next week as investors track developments in the US-Iran conflict, string of global economic data releases, and domestic political cues, analysts said.
On the Multi Commodity Exchange (MCX), gold futures declined Rs 1,347, or nearly 1 per cent, to close at Rs 1.51 lakh per 10 grams. Silver, however, outperformed and gained Rs 879 to settle at Rs 2.50 lakh per kilogram during the past week. - pti
- May 4, 2026 06:41
WATCH: Today's Stock Recommendation: May 4, 2026
- May 4, 2026 06:40
Equitas Small Finance Bank Ltd. | CMP Rs. 67 | M Cap Rs. 7627 Cr | 52 W H/L 73/50
(Nirmal Bang Retail Research)
Result is above expectations
Disbursements came at Rs. 7347 Cr (+72%YoY, +12%QoQ) vs YoY Rs. 4267 Cr, QoQ Rs. 6557 Cr
Advances came at Rs. 46165 Cr (+22% YoY, +6.7% QoQ)
Net Interest Income came at Rs. 980 Cr vs YoY Rs. 829 Cr, QoQ Rs. 774 Cr
NIM came at 7.29% vs QoQ 6.72%
Non-Interest Income came at Rs. 263 Cr vs YoY Rs. 225 Cr, QoQ Rs. 289 Cr
PBP came at Rs. 402 Cr vs expectation of Rs. 344 Cr, YoY Rs. 311 Cr, QoQ Rs. 307 Cr
Provisions came at Rs. 124 Cr vs expectation of Rs. 170 Cr, YoY Rs. 258 Cr, QoQ Rs. 193 Cr
Credit Cost came at 3.5% vs YoY 2.7%, QoQ 1.8%
Adj. PAT came at Rs. 213 Cr vs expectation of Rs. 125 Cr, YoY Rs. 42 Cr, QoQ Rs. 90 Cr
Gross NPA came at Rs. 1135 Cr vs QoQ Rs. 1116 Cr at 2.49% vs QoQ 2.62%
Net NPA came at Rs. 306 Cr vs QoQ Rs. 367 Cr at 0.68% vs QoQ 0.88%
Slippage came at Rs. 345 Cr vs QoQ Rs. 518 Cr at 2.99% vs QoQ 4.78%
Quarter EPS is Rs. 1.9
Stock is trading at trailing P/Adj BV of 1.3x
- May 4, 2026 06:40
Bajaj Finserv Ltd. -C | CMP Rs. 1739 | M Cap Rs. 278336 Cr | 52 W H/L 2195/1597
(Nirmal Bang Retail Research)
Result is ok
Total income came at Rs. 38508.1 Cr(+6%YoY, -3%QoQ). YoY Rs. 36433 Cr, QoQ Rs. 39507.7 Cr
PBT came at Rs. 6928 Cr vs YoY Rs. 6001 Cr, QoQ Rs. 5926 Cr
PAT (After MI) came at Rs. 2538.7 Cr (5.1% YoY) vs expectation of Rs. 2737.1 Cr, YoY Rs. 2415.6 Cr, QoQ Rs. 2229.2 Cr
Bajaj Finance Ltd
NII came at Rs. 14195.8 Cr vs YoY Rs. 11742.5 Cr (20.9% YoY), QoQ Rs. 13674.8 Cr
PBP came at Rs. 9417.4 Cr vs YoY Rs. 7813.9 Cr (20.5% YoY), QoQ Rs. 9121.4 Cr
Provision came at Rs. 2008 Cr vs YoY Rs. 2167 Cr, QoQ Rs. 3425 Cr
PAT came at Rs. 5553.3 Cr vs YoY Rs. 4545.6 Cr (22.2% YoY), QoQ Rs. 4066 Cr
AUM came at Rs. 509975 Cr vs YoY Rs. 416661 Cr, QoQ Rs. 485883 Cr
Bajaj Allianz Life Insurance
APE came at Rs. 2899 Cr vs YoY Rs. 2486 Cr, QoQ Rs. 2131 Cr
GWP came at Rs. 11198 Cr (+21%YoY, +46%QoQ) vs YoY Rs. 9237 Cr, QoQ Rs. 7854 Cr
VNB came at Rs. 709 Cr (+29%YoY, +75%QoQ) vs YoY Rs. 549 Cr, QoQ Rs. 405 Cr
VNB Margin came at 24% vs QoQ 19%
Bajaj Allianz General Insurance
GWP came at Rs. 4322 Cr vs YoY Rs. 4326 Cr, QoQ Rs. 7389 Cr
Combined Ratio came at 113.6% vs QoQ 97.9%
AUM came at Rs. 35529 Cr vs YoY Rs. 33122 Cr, QoQ Rs. 36417 Cr
Quarter EPS is Rs. 15.9
Stock is trading at 3.6x trailing P/BV
- May 4, 2026 06:40
Dr. Lal Pathlabs Ltd. | CMP Rs. 1369 | M Cap Rs. 22938 Cr | 52 W H/L 1771/1272
(Nirmal Bang Retail Research)
Result Ahead of Expectation
Revenue from Operations came at Rs. 702.7 Cr (6.5% QoQ, 16.6% YoY) vs expectation of Rs. 667.6 Cr, QoQ Rs. 659.8 Cr, YoY Rs. 602.6 Cr
EBIDTA came at Rs. 186.8 Cr (4.2% QoQ, 10.5% YoY) vs expectation of Rs. 178.6 Cr, QoQ Rs. 179.3 Cr, YoY Rs. 169 Cr
EBITDA Margin came at 26.6% vs expectation of 26.8%, QoQ 27.2%, YoY 28%
Adj. PAT came at Rs. 132.2 Cr vs expectation of Rs. 119.7 Cr, QoQ Rs. 120.6 Cr, YoY Rs. 154.8 Cr
Quarter EPS is Rs. 7.9
Stock is trading at P/E of 32.4x FY28E EPS
- May 4, 2026 06:40
Kajaria Ceramics Ltd. | CMP Rs. 1180 | M Cap Rs. 18794 Cr | 52 W H/L 1322/761
(Nirmal Bang Retail Research)
Result ahead of Expectation
Revenue from Operations came at Rs. 1373.4 Cr (17.6% QoQ, 12.4% YoY) vs expectation of Rs. 1297.3 Cr, QoQ Rs. 1168.3 Cr, YoY Rs. 1221.9 Cr
EBIDTA came at Rs. 263.5 Cr (31% QoQ, 90.4% YoY) vs expectation of Rs. 222.6 Cr, QoQ Rs. 201.2 Cr, YoY Rs. 138.4 Cr
EBITDA Margin came at 19.2% vs expectation of 17.2%, QoQ 17.2%, YoY 11.3%
Adj. PAT came at Rs. 156.6 Cr vs expectation of Rs. 140.1 Cr, QoQ Rs. 127.4 Cr, YoY Rs. 42.5 Cr
Quarter EPS is Rs. 9.8
Stock is trading at P/E of 30.3x FY28E EPS
- May 4, 2026 06:39
Laurus Labs Ltd. | CMP Rs. 1095 | M Cap Rs. 59114 Cr | 52 W H/L 1141/572
(Nirmal Bang Retail Research)
Result in line with Expectation
Revenue from Operations came at Rs. 1811.6 Cr (1.9% QoQ, 5.3% YoY) vs expectation of Rs. 1885.8 Cr, QoQ Rs. 1778.3 Cr, YoY Rs. 1720.3 Cr
EBIDTA came at Rs. 512.1 Cr (6.6% QoQ, 21.8% YoY) vs expectation of Rs. 514.5 Cr, QoQ Rs. 480.2 Cr, YoY Rs. 420.6 Cr
EBITDA Margin came at 28.3% vs expectation of 27.3%, QoQ 27%, YoY 24.4%
Adj. PAT came at Rs. 282.1 Cr vs expectation of Rs. 266 Cr, QoQ Rs. 251.7 Cr, YoY Rs. 233.7 Cr
Quarter EPS is Rs. 5.2
Stock is trading at P/E of 46.5x FY28E EPS
- May 4, 2026 06:39
Indus Towers Ltd. | CMP Rs. 410 | M Cap Rs. 108165 Cr | 52 W H/L 482/313
(Nirmal Bang Retail Research)
Result inline with Expectation
Company declared Rs.14 as dividend
Revenue from Operations came at Rs. 8101 Cr (-0.6% QoQ, 4.8% YoY) vs expectation of Rs. 8277.6 Cr, QoQ Rs. 8146.3 Cr, YoY Rs. 7727.1 Cr
EBIDTA came at Rs. 4479.6 Cr (0.3% QoQ, 9.3% YoY) vs expectation of Rs. 4538.8 Cr, QoQ Rs. 4466.6 Cr, YoY Rs. 4097.6 Cr
EBITDA Margin came at 55.3% vs expectation of 54.8%, QoQ 54.8%, YoY 53%
Adj. PAT came at Rs. 1792.9 Cr vs expectation of Rs. 1799.8 Cr, QoQ Rs. 1775.9 Cr, YoY Rs. 1779.1 Cr
Quarter EPS is Rs. 6.8
Stock is trading at P/E of 13x FY28E EPS
- May 4, 2026 06:39
Jyoti Structures Ltd. | CMP Rs. 13 | M Cap Rs. 1579 Cr | 52 W H/L 22/8
(Nirmal Bang Retail Research)
Result ok
Net Debt is Rs.1850cr and interest provision for FY26 is Rs.2.70cr
Revenue from Operations came at Rs. 234.4 Cr (12.2% QoQ, 42.3% YoY) vs QoQ Rs. 209 Cr, YoY Rs. 164.7 Cr
EBIDTA came at Rs. 17.3 Cr (18.4% QoQ, 36.8% YoY) vs QoQ Rs. 14.6 Cr, YoY Rs. 12.7 Cr
EBITDA Margin came at 7.4% vs QoQ 7%, YoY 7.7%
Adj. PAT came at Rs. 18.1 Cr vs QoQ Rs. 17 Cr, YoY Rs. 11.9 Cr
Quarter EPS is Rs. 0.2
Stock is trading at EV/EBITDA of 68x TTM EBITDA
- May 4, 2026 06:39
Jindal Steel Ltd. | CMP Rs. 1230 | M Cap Rs. 125471 Cr | 52 W H/L 1272/822
(Nirmal Bang Retail Research)
Sales Volumes came at 2.6 MnT vs expectations 2.5 MnT (15% QoQ, 23% YoY) Vs 2.28 MnT QoQ 2.13 MnT YoY
EBITDA/tn came at Rs. 11218 (57% QoQ, 5% YoY) vs Rs. 7165 QoQ Rs. 10661 YoY
Result is above expectations
Revenue from Operations came at Rs. 16217.9 Cr (24.5% QoQ, 23% YoY) vs expectation of Rs. 15142.3 Cr, QoQ Rs. 13026.6 Cr, YoY Rs. 13183.1 Cr
EBIDTA came at Rs. 2939 Cr (79.9% QoQ, 29.4% YoY) vs expectation of Rs. 2506.6 Cr, QoQ Rs. 1633.7 Cr, YoY Rs. 2270.8 Cr
EBITDA Margin came at 18.1% vs expectation of 16.6%, QoQ 12.5%, YoY 17.2%
Adj. PAT came at Rs. 1861.6 Cr vs expectation of Rs. 886.4 Cr, QoQ Rs. 245 Cr, YoY Rs. 890.1 Cr
Quarter EPS is Rs. 18.2
Stock is trading at EV/EBITDA of 7.8x FY28E EBITDA
- May 4, 2026 06:39
Ramkrishna Forgings Ltd. | CMP Rs. 597 | M Cap Rs. 10815 Cr | 52 W H/L 775/460
(Nirmal Bang Retail Research)
Result has improved
Revenue from Operations came at Rs. 1216.8 Cr (10.8% QoQ, 28.5% YoY) vs QoQ Rs. 1098.5 Cr, YoY Rs. 947.2 Cr
EBIDTA came at Rs. 208.2 Cr (27.4% QoQ, 111.3% YoY) vs QoQ Rs. 163.4 Cr, YoY Rs. 98.5 Cr
EBITDA Margin came at 17.1% vs QoQ 14.9%, YoY 10.4%
Adj. PAT came at Rs. 56.2 Cr vs QoQ Rs. 24 Cr, YoY Rs. 199.8 Cr
Quarter EPS is Rs. 3.1
Stock is trading at P/E of 29.9x FY28E EPS
- May 4, 2026 06:39
ZEN Technologies Ltd. | CMP Rs. 1671 | M Cap Rs. 15088 Cr | 52 W H/L 2268/1223
(Nirmal Bang Retail Research)
Result declining
Revenue from Operations came at Rs. 178.1 Cr (0.1% QoQ, -45.2% YoY) vs QoQ Rs. 177.8 Cr, YoY Rs. 325 Cr
EBIDTA came at Rs. 51 Cr (-23.7% QoQ, -63% YoY) vs QoQ Rs. 66.8 Cr, YoY Rs. 138 Cr
EBITDA Margin came at 28.6% vs QoQ 37.6%, YoY 42.5%
Adj. PAT came at Rs. 31.5 Cr vs QoQ Rs. 54.8 Cr, YoY Rs. 101 Cr
Quarter EPS is Rs. 3.5
Stock is trading at P/E of 78.4x TTM EPS
- May 4, 2026 06:38
RailTel Corporation of India Ltd. | CMP Rs. 324 | M Cap Rs. 10398 Cr | 52 W H/L 479/245
(Nirmal Bang Retail Research)
Result improved
Revenue from Operations came at Rs. 1668.9 Cr (82.7% QoQ, 27.6% YoY) vs QoQ Rs. 913.5 Cr, YoY Rs. 1308.3 Cr
EBIDTA came at Rs. 232.7 Cr (74.4% QoQ, 29.5% YoY) vs QoQ Rs. 133.4 Cr, YoY Rs. 179.6 Cr
EBITDA Margin came at 13.9% vs QoQ 14.6%, YoY 13.7%
Adj. PAT came at Rs. 144.2 Cr vs QoQ Rs. 71.6 Cr, YoY Rs. 101.5 Cr
Quarter EPS is Rs. 4.5
Stock is trading at P/E of 28.1x TTM EPS
- May 4, 2026 06:38
Aster DM Healthcare Ltd. | CMP Rs. 701 | M Cap Rs. 36341 Cr | 52 W H/L 732/486
(Nirmal Bang Retail Research)
Result is broadly in-line with expectations
Revenue from Operations came at Rs. 1182.4 Cr (-0.3% QoQ, 18.2% YoY) vs expectation of Rs. 1197.6 Cr, QoQ Rs. 1185.8 Cr, YoY Rs. 1000.3 Cr
EBIDTA came at Rs. 232.6 Cr (10.1% QoQ, 21.1% YoY) vs expectation of Rs. 231.4 Cr, QoQ Rs. 211.3 Cr, YoY Rs. 192.1 Cr
EBITDA Margin came at 19.7% vs expectation of 19.3%, QoQ 17.8%, YoY 19.2%
Adj. PAT came at Rs. 139.8 Cr vs expectation of Rs. 103.4 Cr, QoQ Rs. 80.7 Cr, YoY Rs. 105.4 Cr
Quarter EPS is Rs. 2.7
Stock is trading at P/E of 46.6x FY28E EPS
- May 4, 2026 06:38
Punjab Chemicals & Crop Protection Ltd. | CMP Rs. 1178 | M Cap Rs. 1444 Cr | 52 W H/L 1666/876
(Nirmal Bang Retail Research)
Result is marginally improved
Revenue from Operations came at Rs. 208.6 Cr (-15.4% QoQ, 3.1% YoY) vs QoQ Rs. 246.6 Cr, YoY Rs. 202.3 Cr
EBIDTA came at Rs. 27.5 Cr (-6.9% QoQ, 7.9% YoY) vs QoQ Rs. 29.6 Cr, YoY Rs. 25.5 Cr
EBITDA Margin came at 13.2% vs QoQ 12%, YoY 12.6%
Adj. PAT came at Rs. 11 Cr vs QoQ Rs. 15.9 Cr, YoY Rs. 11.2 Cr
Quarter EPS is Rs. 9
Stock is trading at P/E of 21.9x TTM EPS
- May 4, 2026 06:38
Mazagon Dock buys Colombo Dockyard for ₹452 crore
The move is seen as strengthening India’s maritime presence in the Indian Ocean Region. The process, which began in January 2025, concluded after over a year of regulatory and procedural steps. The move is seen as both strategically and commercially significant for both countries..
- May 4, 2026 06:37
Aster DM Healthcare Ltd. | CMP Rs. 701 | M Cap Rs. 36341 Cr | 52 W H/L 732/486
(Nirmal Bang Retail Research)
Result is broadly in-line with expectations
Revenue from Operations came at Rs. 1182.4 Cr (-0.3% QoQ, 18.2% YoY) vs expectation of Rs. 1197.6 Cr, QoQ Rs. 1185.8 Cr, YoY Rs. 1000.3 Cr
EBIDTA came at Rs. 232.6 Cr (10.1% QoQ, 21.1% YoY) vs expectation of Rs. 231.4 Cr, QoQ Rs. 211.3 Cr, YoY Rs. 192.1 Cr
EBITDA Margin came at 19.7% vs expectation of 19.3%, QoQ 17.8%, YoY 19.2%
Adj. PAT came at Rs. 139.8 Cr vs expectation of Rs. 103.4 Cr, QoQ Rs. 80.7 Cr, YoY Rs. 105.4 Cr
Quarter EPS is Rs. 2.7
Stock is trading at P/E of 46.6x FY28E EPS
- May 4, 2026 06:37
Jindal Steel Ltd. | CMP Rs. 1230 | M Cap Rs. 125471 Cr | 52 W H/L 1272/822
(Nirmal Bang Retail Research)
Sales Volumes came at 2.6 MnT vs expectations 2.5 MnT (15% QoQ, 23% YoY) Vs 2.28 MnT QoQ 2.13 MnT YoY
EBITDA/tn came at Rs. 11218 (57% QoQ, 5% YoY) vs Rs. 7165 QoQ Rs. 10661 YoY
Result is above expectations
Revenue from Operations came at Rs. 16217.9 Cr (24.5% QoQ, 23% YoY) vs expectation of Rs. 15142.3 Cr, QoQ Rs. 13026.6 Cr, YoY Rs. 13183.1 Cr
EBIDTA came at Rs. 2939 Cr (79.9% QoQ, 29.4% YoY) vs expectation of Rs. 2506.6 Cr, QoQ Rs. 1633.7 Cr, YoY Rs. 2270.8 Cr
EBITDA Margin came at 18.1% vs expectation of 16.6%, QoQ 12.5%, YoY 17.2%
Adj. PAT came at Rs. 1861.6 Cr vs expectation of Rs. 886.4 Cr, QoQ Rs. 245 Cr, YoY Rs. 890.1 Cr
Quarter EPS is Rs. 18.2
Stock is trading at EV/EBITDA of 7.8x FY28E EBITDA
- May 4, 2026 06:37
ACC Ltd. | CMP Rs. 1418 | M Cap Rs. 26628 Cr | 52 W H/L 2123/1250
(Nirmal Bang Retail Research)
Sales Volumes came at 11.9 MnT vs expectations 12.75 MnT (5% QoQ, 7% YoY) Vs 11.3 MnT QoQ 11.1 MnT YoY
EBITDA/tn came at Rs. 527 (-15% QoQ, -30% YoY) vs Rs. 619 QoQ Rs. 748 YoY
Result is below expectations
Revenue from Operations came at Rs. 7146.2 Cr (10.2% QoQ, 17.8% YoY) vs expectation of Rs. 6982.9 Cr, QoQ Rs. 6483 Cr, YoY Rs. 6066.5 Cr
EBIDTA came at Rs. 626.5 Cr (-10.5% QoQ, -24.5% YoY) vs expectation of Rs. 900.6 Cr, QoQ Rs. 700 Cr, YoY Rs. 830.2 Cr
EBITDA Margin came at 8.8% vs expectation of 12.9%, QoQ 10.8%, YoY 13.7%
Adj. PAT came at Rs. 242.6 Cr vs expectation of Rs. 421.9 Cr, QoQ Rs. 371.9 Cr, YoY Rs. 616.3 Cr
Quarter EPS is Rs. 12.9
Stock is trading at EV/EBITDA of 6.2x FY28E EBITDA
- May 4, 2026 06:37
CDSL | Financial Results
#CDSL
Quarterly (Mar 2026 vs Dec 2025)
Revenue from ₹30,435 lakh to ₹26,284 lakh🔻
Total income from ₹33,360 lakh to ₹26,837 lakh🔻
Yearly (FY26 vs FY25)
Total income from ₹1,19,926 lakh to ₹1,23,849 lakh⬆️
Expenses
Expenses increased slightly YoY
Major costs:Employee salaries
Tech & infra costs
Other operational costs
👉 Nothing unusual, normal for a growing platform
Quarterly Profit
Net Profit: from ₹13,294 lakh to ₹7,979 lakh🔻
👉 Sharp fall QoQ
👉 Likely due to lower market activity
Yearly Profit
Net Profit from ₹52,632 lakh to ₹45,507 lakh🔻
👉 Slight decline YoY
👉 So growth is there in revenue, but profit margins dipped
EPS
FY26 EPS: ₹21.82
FY25 EPS: ₹25.20
Balance Sheet Strength
Assets increased to ₹2,41,903 lakh
Liabilities also increased to ₹41,678 lakh
👉 Company is financially stable and growing
Dividend 12.5/sh might keep investors happy🔥
Overall trend:
Business is growing
But this quarter was weaker vs last quarter 👎
Yearly numbers are still strong 👏
- May 4, 2026 06:36
Vodafone AGR dues cut to ₹64,046 crore; DoT sets new payment timeline
VODAFONE in focus- BIG POSITIVE
AGR dues finalised at ₹64,046 cr as of Dec 31, 2025
Earlier AGR dues stood at ₹87,695 cr, subject to reassessment
Minimum ₹100 cr to be paid annually from FY32–FY35
Balance dues to be paid in 6 equal instalments from FY36–FY41
DoT committee finalised AGR dues; payment schedule outlined
Mahesh Manelkar ✍🏻
- May 4, 2026 06:36
JINDAL STEEL Q4 FY26 (Consolidated)
• Net Profit at ₹1,041.24 Cr vs loss of ₹303.59 Cr (YOY), up 452.2% (QOQ)
• Revenue up 23.0% at ₹16,217.93 Cr (YOY), up 24.5% (QOQ)
• EBITDA up 29.4% at ₹2,939.06 Cr (YOY), up 79.9% (QOQ)
• EBITDA Margin at 18.12% vs 17.23% (YOY), 12.54% (QOQ)
• Dividend announced: ₹2 per share
- May 4, 2026 06:36
April Auto Sales Of HeroMotoCorp
Total Sales Up 85.4% At 5.66 Lk Units Vs 3.05 Lk Units (YoY)
Scooter Sales At 64,295 Units Vs 19,317 Units (YoY)
Motorcycle Sales Up 75.2% At 5.01 Lk Units Vs 2.86 Lk Units (YoY)
Export Sales At 33,653 Units Vs 16,882 Units (YoY)
- May 4, 2026 06:35
Berkshire Hathaway cash hits record $397 billion as company marks 14th straight quarter of net stock sales
Berkshire Hathaway announces its cash balance is now up to a record $397 billion.
The company sold a net -$8.1 billion worth of stocks last quarter, marking its 14th-consecutive net quarterly sale
- May 4, 2026 06:34
Top Companies with Continuous 4-Quarter FII Stake Increase:
* Banking & Financial Services:*
YES BANK - FII holding increased by 21.5% (from 25.0% to 46.4%)
Bank of Maharashtra - FII holding increased by 2.57% (from 2.35% to 4.92%)
Bank of India - FII holding increased by 1.58% (from 4.24% to 5.82%)
South Indian Bank - FII holding increased by 6.6% (from 17.6% to 24.2%)
Home First Finance - FII holding increased by 8.5% (from 37.2% to 45.7%)
L&T Finance - FII holding increased to 6.66% (from 5.3%)
⚡ Power & Energy:
NHPC - FII holding increased to 10.39% (from 8.77%)
SJVN - FII holding increased to 2.69% (from 2.42%)
ABB Power Products - FII holding increased by 4.5% (from 7.2% to 11.7%)
GE Vernova T&D India - FII holding increased to 18.46% (from 12.04%)
🏭 Infrastructure & Engineering:
HBL Engineering - FII holding increased by 2.27% (from 4.83% to 7.10%)
GE T&D India - FII holding increased by 5.9% (from 14.5% to 20.4%)
Hitachi Energy India - FII holding increased to 10.69% (from 4.52%)
MTAR Technologies - FII holding increased by 9.7% (from 7.6% to 17.3%)
Knowledge Marine & Engineering - FII holding increased by 11.3% (from 0.5% to 11.8%)
🏬 Retail & Consumer:
Vishal Mega Mart - FII holding increased to 15.52% (from 6.58%)
Adani Wilmar - FII holding increased by 17.3% (from 4.6% to 21.9%)
🧪 Chemicals & Pharma:
UPL - FII holding increased to 38.84% (from 32.52%)
Aether Industries - FII holding increased by 1.17% (from 4.64% to 5.81%)
Biocon - FII holding increased to 7.39% (from 5.66%)
SOTAC Pharmaceuticals - FII holding increased by 7.9% (from 8.9% to 16.8%)
🏗️ Industrial & Manufacturing:
Steel Authority of India (SAIL) - FII holding increased to 4.54% (from 2.59%)
Asahi India Glass - FII holding increased by 1.13% (to 4.87%)
Narayana Hrudayalaya - FII holding increased to 11.1% (from 9.45%)
Jamna Auto - FII holding increased by 7.2% (from 2.0% to 9.3%)
Polycab India - FII holding increased by 6.8% (from 11.5% to 18.2%)
Shaily Engineering - FII holding increased by 7.0% (from 9.7% to 16.7%)
📦 Logistics & Others:
Committed Cargo Care - FII holding increased by 7.5% (from 0% to 7.5%)
GRM Overseas - FII holding increased by 7.6% (from 1.9% to 9.5%)
Authum Investment & Infrastructure - FII holding increased to 14.45% (from 7.31%)
GMR Infrastructure - FII holding increased by 4.5% (from 15.7% to 20.2%)
- May 4, 2026 06:33
Tata Motors Commercial Vehicle April’26 Update
April Sales Numbers -
=> Total Sales Volume: 34,833 units vs 27,221 units; +28.2% YOY
=> Domestic Sales: 32,965 units vs 25,764 units; +27.9% YOY
=> International business: 1,868 units vs 1,457 units; +28.2% YOY
- May 4, 2026 06:33
ZEN TECH Q4 FY26 : CONS NET PROFIT DOWN 58.5% AT 47.24 CR (YOY), DOWN 15.2% (QOQ)
REVENUE DOWN 45.2% AT 178.08 CR (YOY), UP 0.1% (QOQ)
EBITDA DOWN 63.0% AT 50.99 CR (YOY), DOWN 23.7% (QOQ)
MARGINS 28.63% V 42.46% (YOY), 37.57% (QOQ)
- May 4, 2026 06:32
WATCH: Nifty and Bank Nifty Prediction for the week May 4-8, 2026
- May 4, 2026 06:31
WATCH IN TAMIL: Nifty & Bank Nifty this week
Published on May 4, 2026
