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ensex Today, Nifty 50 | Stock Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 8th May 2026.
Indian equity markets remained under pressure on Friday amid escalating geopolitical tensions in West Asia. Fresh exchanges of fire between the US and Iran near the Strait of Hormuz dampened investor sentiment and heightened volatility across global markets. Analysts said Indian equities are likely to stay highly sensitive to geopolitical developments and related news flow in the near term.
At 2.04 pm, Sensex depreciated 667 pts or 0.86% to 77,176, and Nifty 50 fell 174 pts or 0.72% to 24,152.
Despite the cautious market mood, Emkay Global Research remains constructive on Indian equities, expecting macroeconomic conditions and corporate earnings to recover once tensions surrounding Iran ease and the Strait of Hormuz reopens.
Meanwhile, foreign institutional investors continued aggressive selling in April despite a sharp rebound in benchmark indices, pushing FII ownership in Indian equities to its lowest level since June 2012.
Key technical indicators for today's trade
Nifty Technicals:
FILTERS UPDATES
- May 8, 2026 16:22
(This live blog is now closed)
- May 8, 2026 15:58
lsgec Heavy Engineering in agreement with other joint venture partner, Sumitomo SHI FW Energia OY for sale of its 5,00,000 equity shares of JV company, representing 25% of its share capital
- May 8, 2026 15:57
Quarterly results
Swiggy consolidated net loss in March quarter at Rs 800 crore against Rs 1081 crore loss in same previous quarter. Loss in FY26 was Rs 4,154 crore, against Rs 3,117 crore loss in the year-ago period
- May 8, 2026 15:45
Quarterly results
JSW Infrastructure posts standalone net loss of Rs 56.62 crore in quarter ended March 2026 compared to Rs 84.86 crore profit in same quarter last year. Board recommends dividend of Rs 0.90 per share
- May 8, 2026 15:43
Quarterly results
Urban Company posts consolidated net loss of Rs 161.16 crore in quarter ended March 2026
Urban Company reported consolidated net loss for the quarter ended March 2026 at Rs 161.16 crore compared to Rs 2,84 crore in the same quarter last year.
Pertaining to the winding up / dissolution of Urban Company Arabia for Information Technologies, Kingdom of Saudi Arabia (KSA), a step-down subsidiary of the Company, the process has been delayed beyond the originally anticipated timeline owing to prevailing geopolitical factors and related administrative complexities. The winding up/ dissolution process is expected to be completed within the next 5-6 months.
- May 8, 2026 15:42
Companies
Zaggle Prepaid Ocean Services approvea transaction structure for strategic acquisition of DICE
Zaggle Prepaid Ocean Services Ltd, India’s leading spend management and SaaS-led FinTech platform, today announced that its board of directors has approved the transaction structure for the strategic acquisition of DICE, designed to deliver maximum value, capital efficiency and integration precision.
Zaggle has structured this as a focused asset purchase and IP assignment at a consideration of approximately ₹68 crore (excluding applicable taxes), acquiring the complete AI Spend Management Platform, enterprise contracts and technology talent at a valuation that reflects strong commercial discipline and strategic clarity.
- May 8, 2026 15:40
Quarterly results
Hyundai Motor India posts standalone net profit for the quarter ended March 2026 at Rs 1,221.52 crore, down 22.8% from Rs 1,582.5 crore in the same quarter last year
Hyundai Motor India posted standalone net profit for the quarter ended March 2026 at Rs 1,221.52 crore, down 22.8% from Rs 1,582.5 crore in the same quarter last year.
In FY26, PAT stood at Rs 5,322.4 crore, compared to Rs 5,492.2 crore in the year-ago period.
Board recommended final dividend of Rs 21 per share.
- May 8, 2026 15:39
Industry update
Adobe to move into its ~158,000 sq. ft. office space in Max Square, Noida
Adobe is set to move in to its 158,000 sq. ft. office estate at Max Square, a state-of-the-art IGBC Platinum certified commercial office development located on the Noida Greater Noida Expressway.
The transaction has been executed with Adobe and is one of the many technology companies’ leases signed at Max Square as their preferred workplace. Earlier this year, AML RightSource leased ~157,000 sq. ft. at Max Square to set up one of the largest GCC in Delhi NCR. The development, built around the concept of “where nature meets work”, has emerged as a sought-after destination for leading global and domestic companies, truly enabling WorkWell for its community within. Notably, Max Estates’ operational commercial developments, including Max Square, Max House and Max Towers, have been 100% leased for over a year, a testament to the enduring appeal of its premium portfolio. With Adobe’s move-in, Max Square further cements its position as a preferred address for leading global technology companies.
- May 8, 2026 15:32
Bajaj Life Insurance announces record ₹1,939 crore bonus for FY2025–26, up 5.8% from last year, benefiting over 11.89 lakh policyholders
Bajaj Life Insurance has announced a record ₹1,939 crore bonus for FY2025–26, up 5.8% from last year, benefiting over 11.89 lakh policyholders. The declaration marks the insurer’s 25th consecutive annual bonus and includes an accumulation fund interest rate of 6.49% for FY26 for applicable products.
- May 8, 2026 15:19
Companies
Brigade Hotel Ventures and Marriott International Open Courtyard by Marriott Kochi Infopark
- May 8, 2026 15:18
Insurance
Bajaj Life Insurance declares record ₹1,939 crore bonus for policyholders
Bajaj Life Insurance has announced a record ₹1,939 crore bonus for FY2025–26, up 5.8% from last year, benefiting over 11.89 lakh policyholders. The declaration marks the insurer’s 25th consecutive annual bonus and includes an accumulation fund interest rate of 6.49% for FY26 for applicable products.
- May 8, 2026 15:17
Industry update
NBCC (India) received orders in the ordinary course of business amounting to Rs. 252.80 cr; Shares traded at Rs 100.45 on the NSE, up 4%
- May 8, 2026 15:16
Quarterly results
Comments from R.V.Gumaste, Managing Director, KFIL on Q4 results
I am pleased to share that KFIL has concluded the year with a strong Q4 performance, characterized by robust volume growth and improved operational efficiencies across our key segments. Despite the macro-economic headwinds that persisted throughout the year, our consolidated annual revenue grew by 5% to Rs. 6,889 Crore, PBT before exceptional Item grew by 25% to Rs. 512 Cr, while our YTD PAT saw a significant 22% increase to Rs. 358 Crore.
Our resilience was particularly evident in our rapid response to the Solapur LPG supply disruption in mid-March. By swiftly pivoting to alternate fuel solutions, we achieved a turnaround in just four days, minimizing the impact on our production schedules and customer commitments.
Moving forward, all our major capital projects and strategic mergers are progressing as planned. We remain deeply committed to our long-term vision of value creation, focusing on a richer product mix, cost optimization through renewable energy, and enhancing our competitive position in the global market.
- May 8, 2026 15:15
Quarterly results
KFIL reports strong Q4 earnings
KFIL reports strong Q4 FY2026, Standalone net profit for Q4 FY 2026 at INR 130 Cr 36% increase year on year. Full year Net Profit at INR 376 Cr 18% increase year on year
Pune, India – May 8, 2026: Kirloskar Ferrous Industries Limited (BSE : 500245, NSE:KIRLFER), one of the leading castings and pig iron manufacturers and a leading player in steel and seamless tubes in India, announced today its audited financial results for the fourth quarter and the financial year 2025-26.
- May 8, 2026 15:05
Industry update
PNC Infratech receives provisional completion certificate for highway project
PNC Infratech informed the receipt of Provisional Completion Certificate (PCOD) for a HAM Project executed by Prayagraj Kaushambi Highway Package 3 Private Limited (Subsidiary of PNC Infratech Limited)
- May 8, 2026 15:03
Companies
Brahmaputra Infrastructure wins ₹114.24 crore rail project contract
Brahmaputra Infrastructure, through its Joint Venture entity SB BIL JV, has been declared L-1 (Lowest Bidder) of an total amount Rs. 114.24 Crore for the project awarded by JHANSI DIVISIONGATI SHAKTI/NORTH CENTRAL RLY.
- May 8, 2026 15:02
Quarterly results
Kalyan Jewellers reports significant profit surge in Q1 FY26
Kalyan Jewellers India’s standalone net profit for the quarter ended March 2026 stood at Rs 365.64 crore compared to Rs 185.37 crore in the same quarter last year.
In FY26, the PAT stood at Rs 12,851.26 crore as against Rs 6,886.82 crore in the year-ago period.
Board recommended final dividend of Rs 2.50 per share.
Shares up 1.5% to Rs 417.50.
- May 8, 2026 14:56
Quarterly results
Titan Q4 net profit climbs 35.4% to ₹1,179 crore
Leading jewellery and watchmaker Titan on Friday reported a 35.36 per cent increase in its consolidated net profit to Rs 1,179 crore for the March quarter of FY26.
Titan Q4 net profit climbs 35.4% to ₹1,179 crore
Sales surged 48.28% to ₹20,607 crore in the March quarter of FY26, which Titan said, is “one of the strongest quarterly performances in the company’s history”.
- May 8, 2026 14:56
Quarterly results
Airtel Africa profit jumps multi-fold to $813 million in FY26
Bharti Airtel’s African arm, Airtel Africa, has posted an over two-fold jump in its profit to $813 million (about ₹7,700 crore) for the fiscal year 2026, mainly driven by tariff adjustments in Nigeria and forex gain, the company said on Friday.
Airtel Africa profit jumps multi-fold to $813 million in FY26
Airtel Africa's profit soared to $813 million in FY26, fueled by tariff adjustments in Nigeria and significant forex gains.
- May 8, 2026 14:49
Finance
Ujjivan SFB Q4 board approved raising of funds of up to ₹2000 crore
- May 8, 2026 14:47
Companies
Ola Electric gets govt certification for 4680 Bharat Cell powered S1 X+ 5.2 kWh scooter
Ola Electric gets govt certification for 4680 Bharat Cell powered S1 X+ 5.2 kWh scooter
Ola Electric on Friday said its mass market electric scooter, the S1 X+ (5.2kWh) has been approved under the Central Motor Vehicle Rules (CMVR), 1989 by the International Centre for Automotive Technology (ICAT), Manesar, a government-certified testing agency.
- May 8, 2026 14:43
Transport
Texmaco Rail & Engineering secured ₹130.22 crore contract from Kochi Metro Rail ltd.
- May 8, 2026 14:42
Companies
Zaggle modifies deal to acquire key assets from dice enterprises
Zaggle board approved the modification to the deal structure, whereby instead of acquiring the entire shareholding of Dice Enterprises Private Limited(Dice), the Company proposes to purchase assets from Dice comprising but not limited to Software, Databases / Codebase, Contracts, Intellectual Property, Domain Names along with all related assets in the Spend Management space for a consideration of approx ₹67.9 Crores plus taxes, if applicable.
- May 8, 2026 14:30
Quarterly results
Intellect Design Arena reports Q1 profit drop, appoints new CTO
Intellect Design Arena reported net profit for the quarter ended March 2026 at Rs 77.41 crore compared to Rs 90.4 crore in the same quarter last year.
In FY26, PAT stood at Rs 194.86 crore as against Rs 193.84 crore in the year-ago period.
Board has recommended a final dividend of Rs.4 plus a special dividend of Rs. 3 per share
Company informed Prashant Lalchandani has been appointed as the Chief Technology Officer (CTO) of the Company effective June 1, 2026,
Shares surged 4% to Rs 811 on the NSE.
- May 8, 2026 14:27
Quarterly results
Ujjivan Small Finance Bank posts ₹281.97 crore Q4 profit
Ujjivan Small Finance Bank reported net profit for the quarter ended March 2026 at Rs 281.97 crore compared to Rs 83.39 crore in the same quarter last year.
In FY26, PAT stood at Rs 692.63 crore as against Rs 726.10 crore in the year-ago period.
Shares were up 2% to Rs 63.95 on the NSE.
- May 8, 2026 14:22
Quarterly results
SBI Q4 net up 5.6% to ₹19,684 crore, provisions down
SBI Q4 net up 5.6% to ₹19,684 crore, provisions down
State Bank of India reported a net profit of ₹19,684 crore in the March quarter, in line with estimates, compared to ₹18,643 crore year ago.
- May 8, 2026 14:12
Quarterly results
Titan Company Q4 results: Standalone net profit at ₹1,124 crore, up 29% y-o-y
Titan Company’s standalone net profit for the quarter ended March 2026 stood at Rs 1,124 crore, up 29% y-o-y, from Rs 870 crore in the same quarter last year.
In FY26, the PAT stood at Rs 4,630 crore compared to Rs 3,335 crore in the year-ago period.
Board declared dividend of Rs 15 per share.
Shares surged 5% on the NSE to Rs 4,513.90.
- May 8, 2026 14:10
Quarterly results
State Bank of India Q4 results: Standalone net profit at ₹19,683.75 crore, up 5.5% y-o-y
State Bank of India’s standalone net profit for the quarter ended March 2026 stood at Rs 19,683.75 crore, up 5.5% y-o-y, from Rs 18,642.59 crore in the same quarter last year.
In FY26, the PAT stood at Rs 80,032.01 crore compared to Rs 70,900.63 crore in the year-ago period.
Board declared dividend of Rs 17.35 per share.
Shares traded 6% lower at Rs 1,031 on the NSE.
- May 8, 2026 14:09
NBFCs plan ₹15,000 crore in debt sales as yields decline
NBFCs plan ₹15,000 crore in debt sales as yields decline
A drop in corporate debt yields, especially for shorter term funds, has prompted companies to go back to the market after a quiet April
- May 8, 2026 13:41
Quarterly results
Vedant Fashions Q4 results: Net profit rises 13% y-o-y to ₹114.3 crore
Vedant Fashions’ net profit for the quarter ended March 2026 stood at Rs 114.3 crore (up 13% y-o-y ) compared to Rs 101.1 crore in the same quarter last year.
In FY26, the PAT stood at Rs 375.5 crore as against Rs 388.47 crore in the year-ago period.
Board recommended final dividend of Rs 7.75 per share
- May 8, 2026 13:38
Industry update
Diamond Power discharged in CBI & ED / PMLA matters
Company says major milestone in release of its assets worth approximate to ₹1000+ crore and receivables approximate to ₹900+ crore
- May 8, 2026 13:28
Midday updates: Nifty slips to 24,160, HDFC Bank and Coal India lead losses as oil holds above $101
Nifty slips to 24,160, HDFC Bank and Coal India lead losses as oil holds above $101
Nifty drops to 24,160 amid losses led by HDFC Bank and Coal India, while oil prices remain above $101.
- May 8, 2026 13:24
Companies
Stock Market Live Updates: Lumax Auto Technologies to sell entire 50% stake in Lumax Jopp Allied Technologies to JV partner Jopp Holding GmbH
Lumax Auto Technologies board approved the sale of its entire equity stake (alongwith its nominee shareholders) aggregating to 50% of the equity share capital of Lumax Jopp Allied Technologies Private Limited, to Jopp Holding GmbH, Germany, the Joint Venture Partner.
- May 8, 2026 13:22
Companies
Share market live: Marsons wins ₹18.88 crore order from Ram Taranga Solutions for supply of power and inverter duty transformers
Marsons has received purchase order worth ₹18.88 crore from Ram Taranga Solutions Pvt. Ltd. for Supply of 100/125 MVA 220 kV Power Transformer and 16.8 MVA Inverter Duty Transformer
- May 8, 2026 13:21
Results update live: KP Green Engineering Q4 net profit grows to ₹77 crore
KP Green Engineering Q4 net profit grows to ₹77 crore
KP Green Engineering's Q4 net profit soars 68% to ₹77 crore, driven by increased income.
- May 8, 2026 13:17
Companies
Stock market live today: Ola Electric gets government certification for 4680 Bharat Cell powered S1 X+ scooter; shares rise 2%
Ola Electric Receives Government Certification for Its 4680 Bharat Cell Powered S1 X+ 5.2 kWh Scooter
Shares up 2% to Rs 35.76 on the NSE.
- May 8, 2026 13:16
Cera Sanitaryware Q4 profit declines to Rs 77 crore; board recommends Rs 75 dividend, shares up 1%
Cera Sanitaryware reported standalone net profit for the quarter ended March 2026 at Rs 77.33 crpre compared to Rs 85.58 crore in the same quarter last year.
Board recommended dividend of Rs 75 per share.
Shares traded at Rs 5,534.50 on the NSE, up 1%.
Q4 Results 08th May Live: SBI, Titan, ABB India, Hyundai, Bank of Baroda, Tata Consumer, Ujjivan SFB, MCX, Swiggy, Kalyan Jewellers, Urban Company, Niva Bupa to announce Q4 results, BSE, KVB, Biocon, Dabur, Lupin, ACME, MRF shares in focus
Q4 Results Today, 08th May 2026 Live Updates: Find all the latest Q4 results 2026 updates of 3i Infotech, ABB India, Aditya Consumer Marketing, Advance Agrolife, Aeroflex Neu, Ampvolts, Amrutanjan Health Care, Accretion Nutraveda, Apollo Finvest India, Aravali Securities & Finance, Archidply Industries, ArisInfra Solutions, Artemis Medicare Services, Aditya Vision, Bajaj Healthcare, Balkrishna Industries, Bank of Baroda, Bank of India, Bombay Dyeing & Manufacturing Company, Cera Sanitaryware, Cholamandalam Financial Holdings, CreditAccess Grameen, Continental Securities, Dai-Ichi Karkaria, DAPS Advertising, Epuja Spiritech, Family Care Hospitals, Gallops Enterprise, G N A Axles, Grindwell Norton, GSL Securities, Hyundai Motor India, Inspirisys Solutions, Intellect Design Arena, IRM Energy, Jet Solar, JK Agri Genetics, JSW Infrastructure, Kalyan Jewellers India, KP Green Engineering, Kalyani Steels, Lloyds Enterprises, L. T. Elevator, Vedant Fashions, Mac Charles India, Multi Commodity Exchange of India, Minaxi Textiles, Modern Shares & Stockbrokers, Monika Alcobev, Muthoot Capital Services, Nitin Spinners, Niva Bupa Health Insurance Company, Northern Arc Capital, Oberoi Realty, Omega Interactive Technologies, Orient Electric, Paramount Cosmetics India, Parmeshwar Metal, Prerna Infrabuild, Purity Flexpack, Rain Industries, Reetech International, Shree Renuka Sugars, Sasken Technologies, State Bank of India, Shipping Corporation of India, Sika Interplant Systems, Sueryaa Knitwear, Swiggy, Tata Consumer Products, Tips Films, Titan Company, TPI India, Ujjivan Small Finance Bank, Urban Company, Vivanta Industries, and V R Films & Studios. BSE, KVB, MRF, Dabur, Biocon, Thermax, Pidilite, Britannia, Lupin, ACME Solar, Shakti Pumps, MRF, Bharat Forge, CarTrade Tech, Wonderla Holidays and more in focus. Stay tuned for more updates from businessline
- May 8, 2026 13:10
Stock market
Markets at 1 p.m.: At 1 pm, Sensex depreciated 565.44 pts or 0.73% to 77,279.08, and Nifty 50 fell 162.50 pts or 0.67% to 24,164.15.
- May 8, 2026 13:09
Gold silver
Bullion cues: Silver futures rise to ₹2.62 lakh per kg
Silver futures rise to ₹2.62 lakh per kg
Silver futures rise to ₹2.62 lakh per kg amid West Asia crisis, with Comex prices increasing 2.72% to $80.59.
- May 8, 2026 13:03
Gold silver
Bullion cues: Gold prices rise in futures trade on spot demand
Gold prices rise in futures trade on spot demand
Gold prices increase by ₹689 to ₹1,52,950 per 10 grams due to strong spot demand in futures trade.
- May 8, 2026 12:50
Stock up
Results update: Solex Energy Q4 revenue jumps 247% YoY; FY26 revenue surpasses ₹1,600 crore milestone, shares up 2%
Solex Energy’s Revenue from Operations Surged by 247.1% YOY in Q4FY26; Surpasses ₹1,600 Crore Revenue Milestone in FY26
Shares up 2% on the NSE to Rs 1,358.
- May 8, 2026 12:48
Gold silver
Gold outlook: Gold and silver extend rally on softer dollar, easing US-Iran tensions and weak US jobs outlook
Renisha Chainani, head of research at Augmont
· Safe-Haven Dynamics – Gold and Silver have resumed their upward trend, supported by optimism around a potential US–Iran peace deal that is weakening the safe-haven appeal of the USD. Despite ongoing tensions in the Strait of Hormuz, investor sentiment leans toward diplomatic resolution. This has pushed Crude Oil prices lower, reducing inflationary pressure and lowering expectations of a more aggressive Fed stance.
· Geopolitical Developments - Iran has accused the US of breaching the ceasefire through strikes near the Strait. The Trump administration is awaiting Tehran’s formal response to a proposal aimed at reopening Hormuz and resolving the roughly ten-week conflict. Reports suggest Iran will relay its position via Pakistan within two days.
· Macro-economic Signals Markets are focused on today’s NFP print, forecast at 62K — a sharp pullback from March’s stronger-than-expected 178K. The Unemployment Rate is projected to hold at 4.3%, while Average Hourly Earnings growth is expected to tick up to 3.8% from 3.5%, keeping wage inflation in focus.
Technical Triggers
· Gold continues its upside momentum with next target resistance at $4,800–4,850 (~ ₹1,55,000).
· Silver has met the $80 (₹2,60,000) and $82 (₹2,65,000) upside target. Prices are expected to consolidate here for a while before moving higher towards $85 (~Rs 270,000)
- May 8, 2026 12:46
Stock market live today: Tata Power, Bhutan's DGPC expand hydropower partnership to over 5,000 MW
Tata Power, Bhutan's DGPC expand hydropower partnership to over 5,000 MW
Tata Power and Bhutan’s Druk Green Power Corporation (DGPC) have expanded their clean energy partnership with the addition of the 404 MW Nyera Amari I & II Integrated Hydropower Project, taking the total identified hydropower capacity under the collaboration to 5,033 MW from 4,500 MW earlier.
- May 8, 2026 12:41
Stock up
Share market live: India Motor Parts Q4 profit jumps 40% to Rs 33 crore; board recommends Rs 23 dividend, shares rise 3%
India Motor Parts and Accessories’ standalone net profit for the quarter ended March 2026 increased nearly 40% y-o-y to Rs 33.46 crore as against Rs 23.93 crore in the same quarter last year.
In FY26, the PAT stood at Rs 96.55 crore as against Rs 83.67 crore in the year-ago period.
Board has recommended a final dividend of Rs. 23 per Equity Share
Shares surged over 3% to Rs 1,052 on the NSE.
- May 8, 2026 12:37
Companies
Stock Market live: Remsons Automotive UK wins 10-year pedal box supply programme from global commercial vehicle OEM, production to begin Q4 CY2028
Remsons Automo ve Ltd. (UK), the step-down subsidiary of Remsons Industries in the United Kingdom, has been nominated by a global commercial vehicle OEM for a 10-year pedal box programme, with start of produc on scheduled for Q4 CY2028.
- May 8, 2026 12:37
Sensex today: Advance-decline ration at noon trade
About 2,050 stocks advanced, 1960 declined and 192 remained unchanged out of 4,202 stocks that were traded on the BSE at around 12.35 pm. 197 stocks scaled to 52-week high and 16 hit 52-week low.
In addition, 190 stocks hit the upper circuit and another 120 hit the lower circuit.
- May 8, 2026 12:34
Nifty today: Top gainers, losers at this hour of trade
Top movers of Nifty Midcap 100: Coforge (+6.05%), Godfrey Phillips (+4.15%), Dabur (+4.13%), Radico (+3.05%)
Lupin (-3.76%), Hitachi (-3.63%), Voltas (-2.69%), Coromandel (-2.42%)
- May 8, 2026 12:33
Midday updates: Sensex drops 468 points, Nifty down 133 points in midday trade
At 12.30 pm, Sensex traded 467.94 pts or 0.60% lower at 77,376.58, hitting a low of 77,248.69.
Nifty 50 traded 133.35 pts or 0.55% lower at 24,193.30.
- May 8, 2026 12:31
Companies
Share Market Live: PFC Consulting appointed as bid process coordinator for independent transmission projects by Ministry of Power
PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited) has been nominated as the ‘Bid Process Coordinator’ (BPC) for selection of developer through tariff based competitive bidding for the Independent Transmission Projects (ITPs) by Ministry of Power, Go!.
- May 8, 2026 12:30
Stock up
Share market live: Bharat Forge shares hit 52-week high after Q4, brokerages upbeat on defence, exports
Why Bharat Forge hit 52-week high after Q4 results?
Consolidated EBITDA increased to ₹774 crore from ₹671 crore, aided by stronger exports and improved operational performance across businesses
- May 8, 2026 12:15
Stock up
Westlife Foodworld Q4 profit jumps 56% to Rs 2.4 crore; shares up 1%
Westlife Foodworld shares rose 1% to Rs 508.10 at 12.05 pm. Stock scaled to an intraday high of Rs 511 from the previous close of Rs 500.95.
It reported a 56 per cent year-on-year rise in its consolidated net profit at Rs 2.37 crore in the March quarter of FY26.
- May 8, 2026 11:57
Quarterly results
Results update: V-Mart Retail Q4 profit drops 39% to Rs 11 crore; shares steady
V-MART RETAIL stock traded flat at Rs 671.90 at 11.55 am after moderating between Rs 643.05 and Rs 684.85.
Company reported a 39 per cent decline in net profit at Rs 11.28 crore for March quarter FY26.
- May 8, 2026 11:55
Stock up
Share market live today: Thermax Q4 profit rises to Rs 244 crore; shares jump 12.5%
Thermax shares traded 12.5% higher at Rs 4,706.30 on the NSE at 11.52 am, hitting a high of Rs 4,725 from the previous close of Rs 4,182.30. It posted a consolidated profit after tax of ₹244 crore for the fourth quarter ended March 31, 2026.
- May 8, 2026 11:54
Stock up
Stock Market Live Updates: Oberoi Realty completes Horizon Hotel acquisition, consortium pays Rs 919 crore; shares up 1%
Oberoi Realty shares up 1% on the NSE to Rs 1,693.20. Company completed Horizon Hotel acquisition; consortium pays Rs 919.3 cr under resolution plan, acquired 50% stake in HHPL for Rs 460 cr.
Company to announce Q4 results later today.
- May 8, 2026 11:53
Companies
Stock Market Live Updates: NTPC to acquire Municipal Corporation of Delhi’s 26% JV stake after pact termination; shares steady
NTPC shares flat on the NSE at Rs 399.75 on siginig a pact with Municipal Corporation of Delhi for termination of JV agreement; co. to acquire MCD’s 26% stake in JV
- May 8, 2026 11:52
Companies
Share Market Live: RailTel bags Rs 24.91 crore order from New India Assurance; shares steady
RailTel Corporation of India Ltd. has received the Purchase Order from The New India Assurance Company Ltd. (consideration Rs 24.91 crore)
Shares flat on the NSE at Rs 345.
- May 8, 2026 11:51
Banking
Financial markets live today: IMF warns AI-driven cyber threats could destabilise global financial markets
IMF warns AI-driven cyber threats could destabilise global financial markets
IMF warns AI-driven cyber threats could destabilize global financial markets, urging stronger defenses and international cooperation for resilience.
- May 8, 2026 11:45
Stock down
Lupin shares decline nearly 3% despite an 87.7% jump in consolidated profit after tax to ₹1,468.7 crore
Lupin shares declined nearly 3% in early trade to Rs 2,394.90 from the previous close of 2,460.10. At 11.36 am, it traded at Rs 2,417.
The stock declined despite an 87.7 per cent jump in consolidated profit after tax to ₹1,468.7 crore in the fourth quarter ended March 31
- May 8, 2026 11:36
Quarterly results
Vikram Solar net profit rises 21% to ₹110 crore in Q4
Vikram Solar on Friday posted a nearly 21 per cent rise in its net profit to ₹110 crore in the March quarter mainly on account of higher revenues.
- May 8, 2026 11:36
Stock up
CarTrade Tech shares extend rally for second session after Q4 earnings, up 5% today
CarTrade Tech shares extended gains for the second consecutive trading session on Friday, rising nearly 5 per cent after the company reported strong quarterly earnings and improved profitability across segments.
CarTrade Tech shares extend rally for second session after Q4 earnings, up 5% today
CarTrade Tech shares rise 5% after strong Q4 earnings, reporting a 64% y-o-y profit increase, extending their rally.
- May 8, 2026 11:35
Stock down
Vikram Solar shares decline despite firm Q4 numbers
Vikram Solar shares declined 4% to Rs 216.25 on the NSE at 11.30 am, after a flat opening at Rs 225.
Shares were down despite a 21 per cent rise in net profit to Rs 110 crore in the March quarter
The board has approved a ₹3,726-crore capital expenditure to establish 6GW of backward-integrated wafer and ingot facility at our Gangaikondan site in Tamil Nadu by FY29
- May 8, 2026 11:33
Quarterly results
Sonata Software stock zooms over 7% on robust Q4 numbers
Sonata Software stock zoomed over 7% to Rs 290.40 at 11.27 am, hitting a high of Rs 297.85 from the previous close of Rs 270.75.
Company posted standalone net profit for the quarter ended March 2026 at Rs 76.23 crore, compared to Rs 18 crore in the same quarter last year.
Board recommended a final dividend of Rs 4.15 per share.
- May 8, 2026 11:31
Quarterly results
Parag Milk Foods Q4 net profit rises 23% on higher sales; full-year profit up 15%
Parag Milk Foods on Friday reported a 23.31 per cent rise in consolidated net profit to ₹40.14 crore for the fourth quarter 2025-26 fiscal, driven by higher sales.
Parag Milk Foods Q4 net profit rises 23% on higher sales; full-year profit up 15%
Parag Milk Foods on Friday reported a 23.31 per cent rise in consolidated net profit to ₹40.14 crore for the fourth quarter 2025-26 fiscal, driven by higher sales.
- May 8, 2026 11:28
Stock down
PB Fintech shares were down 2% to Rs 1,653.20 at 11.25 am, moderating between Rs 1,650-1,711.80 during the session. Shares were down following a large block deal.
- May 8, 2026 11:28
Logistics
Syama Prasad Mookerjee Port, Kolkata, has granted permission to JSW Kolkata Container Terminal Pvt Ltd, JSW Infra's wholly-owned arm, to commence operations at Berth No. 7 & its Back Up Area of NSD
- May 8, 2026 11:24
Quarterly results
Ola Consumer turns free cash flow positive in H2 FY26 post biz rejig
India’s oldest cab aggregator, Ola Consumer, has turned free cash flow positive in the second half (H2) of FY26, according to people familiar with the matter.
Ola Consumer turns free cash flow positive in H2 FY26 post biz rejig
Ola Consumer achieves free cash flow positivity in H2 FY26 after restructuring, indicating improved unit economics and operational efficiency.
- May 8, 2026 11:21
Industry update
Manufacturing push, decline in farm jobs, reshape India's workforce: Report
India’s labour market is undergoing a structural transformation driven by the country’s broader economic transition, according to a report by SBI Research based on the latest Periodic Labour Force Survey (PLFS) 2025 unit-level data.
Manufacturing push, decline in farm jobs, reshape India's workforce: Report
India’s labour market is undergoing a structural transformation driven by the country’s broader economic transition, according to a report by SBI Research based on the latest Periodic Labour Force Survey (PLFS) 2025 unit-level data.
- May 8, 2026 11:19
Companies
JSW Steel board to consider FY26 results, dividend and fund raising on May 14
- May 8, 2026 11:19
Industry update
ConfirmTkt, a train-ticketing platform, launches AI Seat Finder, an intelligent, in-app feature designed to help users find confirmed train tickets with ease
ConfirmTkt, a train-ticketing platform and the Official Train Ticketing Partner of Royal Challengers Bengaluru for 2026, launches AI Seat Finder (powered by TARA, which is an AI native agent developed by ixigo), an intelligent, in-app feature designed to help users find confirmed train tickets with ease.
- May 8, 2026 11:07
Stock up
Share market live: OnEMI Technology Solutions shares jump 23% over IPO price on debut
OnEMI Technology Solutions shares jump 23 % over IPO price on debut
OnEMI Technology Solutions shares soar 23% above IPO price on debut, reflecting robust investor demand and strong institutional interest.
- May 8, 2026 11:06
Stock market
Nifty Bank Prediction Today – May 8, 2026: Crucial support coming up
Nifty Bank Prediction Today – May 8, 2026: Crucial support coming up
Nifty Bank's crucial support at 55,600 is vital; stay cautious as market trends unfold today.
- May 8, 2026 11:06
Stock Market Today Live: KPIT Technologies co-founder and chairman Ravi Pandit dies at 75
KPIT Technologies co-founder and chairman Ravi Pandit dies at 75
Ravi Pandit, co-founder of KPIT Technologies and industry leader, passes away at 75, leaving a legacy in technology and sustainability.
- May 8, 2026 11:05
Stock up
Stock market live: Krystal Integrated Services posts 5% revenue growth in FY26, PAT jumps 11% in Q4
Krystal Integrated Services posts 5% revenue growth in FY26, PAT jumps 11% in Q4
The Mumbai-based integrated facility management company posted a net profit of ₹18.849 crore in Q4 FY26, up 11.31 per cent from ₹16.933 crore in Q4 FY25
- May 8, 2026 10:56
Financial markets live: Iran price shock highlights limits of inflation-linked bonds
Iran price shock highlights limits of inflation-linked bonds
Since the conflict began at the end of February, BlackRock's London-listed global inflation-linked government bond ETF has fallen around 2%, according to LSEG data
- May 8, 2026 10:55
Quarterly results
Stock Market live: ACME Solar nearly doubles annual profit at ₹498 crore as BESS bet pays off early
How ACME Solar’s BESS push helped drive profit growth?
ACME Solar reports ₹498 crore profit, driven by strong revenue growth and successful battery energy storage initiatives in FY26.
- May 8, 2026 10:48
Stock up
Share market live: Apollo Micro Systems wins contracts worth Rs 51 crore; shares rise 1%
Apollo Micro Systems secured multiple contracts worth Rs 51 crore.
Shares up 1% to Rs 317.95 on the NSE
- May 8, 2026 10:48
Stock up
Stock market live today: MIC Electronics advances IPIS v2.0 development for Indian Railways; shares surge 9%
MIC Electronics has initiated the development of IPIS v2.0 for Indian Railways, and the project is progressing as per plan. The product architecture has been successfully established, with dedicated teams working in parallel across hardware, firmware, and Network Management System (NMS) application software development.
Shares zoom 9% to Rs 57.18 on the NSE.
- May 8, 2026 10:47
Companies
Stock Market live: Tata Power and Druk Green Power to collaborate on 404 MW Nyera Amari hydropower project; shares steady
Tata Power and Bhutan’s Druk Green Power Corporation identify the 404 MW Nyera Amari I & II Integrated Hydropower Project for collaboration
Tata Power shares flat on the NSE at Rs 438.20
- May 8, 2026 10:47
Forex
Currency market updates: Bitcoin slips below $80,000 amid ETF outflows and Fed rate uncertainty: Giottus CEO Vikram Subburaj
Bitcoin traded near $79,800 on May 8, 2026. It slipped below the key $80,000 level after a volatile week. ETF outflows and fresh macro uncertainty added pressure to the market. The broader structure, however, remains relatively stable as institutional demand continues to absorb deeper corrections. Market participants are now shifting focus from momentum-driven upside to macro-sensitive positioning ahead of key U.S. economic data releases.
Technically, Bitcoin faces immediate resistance in the $81,700–$82,800 range. A stronger breakout zone remains near the 200-day moving average around $83,300. On the downside, the first major support lies near $79,300, while stronger demand is expected in the $78,000–$78,500 region. Bitcoin could see a deeper pullback if these levels fail to hold. In that case, the price may move toward the mid-$74,000 zone. Previous buying activity had emerged around that level earlier this quarter.
On-chain indicators continue to show mixed but constructive signals. Data tracked by CryptoQuant indicates long-term holders accumulated roughly 331,000 BTC over the past month. This suggests larger investors continue to buy during periods of consolidation rather than distribute aggressively. Exchange reserves also remain relatively subdued. This indicates immediate sell-side pressure is still limited despite recent volatility.
ETF flows turned weaker during the May 7–8 period. According to Farside Investors, U.S. spot Bitcoin ETFs recorded approximately $170 million in net outflows on May 7 after modest inflows earlier in the week. While single-day outflows are not uncommon after strong rallies. The slowdown indicates institutions are becoming more cautious ahead of macro events.
Macro conditions are now the dominant short-term driver for crypto markets. Investors are closely watching the U.S. non-farm payrolls data and next week’s CPI inflation print for clues on Federal Reserve policy direction. Recent Fed commentary has reinforced expectations that rate cuts could remain delayed if inflation stays elevated. Treasury yields and dollar strength therefore remain critical variables for crypto assets.
Among major altcoins, Ethereum traded near $2,275, BNB around $638, XRP near $1.38, and Solana close to $88. Large-cap altcoins continue to underperform Bitcoin. This suggests capital rotation into a broader altcoin cycle remains limited for now.
Our advice: Bitcoin remains structurally resilient despite falling below $80,000. However, softer ETF flows and uncertainty around Fed rate expectations could increase near-term volatility. Investors should avoid excessive leverage near resistance zones and maintain disciplined risk management until macro conditions become clearer.
- May 8, 2026 10:46
Stock Market Live Updates: Pidilite Industries shares surge on strong quarterly earnings report
Pidilite Industries shares surge 3.5% on strong Q4 earnings
Shares of Pidilite Industries climbed sharply in early Friday trade, riding a wave of investor optimism after the Fevicol maker posted robust quarterly earnings the previous evening.
- May 8, 2026 10:45
Review
Share market live: CLSA Price Action (Laurence Balanco)
Nifty advance is hesitating around its 50DMA
A sustained break above the 50DMA would expose the next layer of resistance at the 200DMA (25,064)
In contrast, the NSE Midcap Index is displaying greater relative strength and is threatening a breakout above the upper boundary of its 2024-to-date consolidation range at 60,925-61,393
A close above this zone would confirm a major bullish resolution, implying an upside objective of 77,687-78,000
Notably, on a relative basis, the NSE Midcap Index has already broken above its 2024 highs and is trading at new all-time highs, underscoring continued leadership versus the large-cap benchmark
- May 8, 2026 10:45
Share Market Live: HSBC on PB Fintech
Maintain Buy, Target Price: (Raised To) ₹2,100
Q4 Showed Continued Momentum In Premium Growth
Continued Momentum In Customer Acquisition Rate & Operating Leverage
Mgmt Guidance Of 30%+ Premium Growth In FY27 Is A Major Boost To Sentiment
Regulatory Overhang A Key Risk
Core Fundamentals Remain Intact
Tweak EPS Estimates, Raise EPS By 1.5-2.2% For FY27-FY29
- May 8, 2026 10:44
Share Market Live: Jefferies on Cipla
Maintain Underperform; Target Price: (Cut to) ₹1,120
Negative Momentum Building, Cut FY28 EPS Est Again
Mfg Facility Of Co’s Partner, Pharmathem, Been Placed Under US FDA Import Alert
Post EPS Revision, We’re 17-14% Below Consensus Est For FY27 & FY28 Respectively
Believe Consensus Will Cut Its Est Post Q4 Results Next Week
Believe Co Will Face Near-term Earnings Headwinds, Due To Sales Void Of 2 Large Pdts
New Launches Unable To Fill This Gap In FY27
Target Based On 20x March-28 EPS
- May 8, 2026 10:44
Review
Share Market Live: Morgan Stanley on Mankind Pharma
Recommendation: Overweight; Target: ₹2,500
Overweight call supported by improving execution, BSV recovery, and deleveraging
Channel checks show improving execution, MR activity, and BSV recovery
This suggest that disruption is transitory and fundamentals are strengthening
Execution reset is largely complete, reducing risk of recurrence and positioning the company for sustained productivity gains
BSV recovery is underway with strong growth and synergy benefits
Deleveraging is on track with limited impact from non-cash amortization
Compared to other domestic formulation plays, Mankind offers superior risk reward and valuation support
- May 8, 2026 10:44
Review
Share Market Live: Morgan Stanley on Lupin
Recommendation: Equal-weight; Target: ₹2,386
Another strong quarter
Q4 revenue, EBITDA and PAT were ahead of estimates
Strong Q4 performance was led by strong US
India sales growth was 11.5% year-on-year and EM sales growth of 49% year-on-year
Believe the sharp increase was led by high-value gMyrbetriq, and continued sales from gSpiriva
- May 8, 2026 10:43
Review
Share Market Live: Jefferies on Banks
Easing West Asia tensions and clarity on HDFC Bank can catalyse sector earnings and valuations
Indian banks trade close to lows ex-Covid and GFC valuations
This is even as Q4 was generally positive on growth, asset quality and comments on impact of West Asia conflict
Easing West Asia tension, along with clarity on HDFC’s leadership, can improve macros
This can correct valuation benchmarks, which can aid sector rerating
Our picks are HDFC Bank, Axis, SBI, ICICI, Kotak; Among mid-caps, we like AU SFB and IndusInd Bank
- May 8, 2026 10:43
Review
Share Market Live: Macquarie on Westlife Food
Recommendation: Outperform; Target: ₹515
In-line Q4; demand healthy in Q1FY27 so far
Liked mid-single-digit guest count growth and recovery in South India market to slightly positive same-store sales growth
See healthy traction in the dine-in business, which grew ahead of delivery
Worry about demand strength sustaining in this period of rising inflation and the potential margin drag from increased FY27 store additions to 60+ stores
- May 8, 2026 10:42
Review
Share Market Live: Elara Capital on Alkyl Amines
Maintain Accumulate, Target Price: ₹1,927
Stock has outperformed recently on price pass-through and specialty product ramp-up driven earnings upgrades
Q4FY26 remained broadly stable with revenue flat YoY and PAT marginally lower
Recovery visible in acetonitrile segment with pricing improving and China imports easing
Methylamines segment continues to face overcapacity pressure with increasing competition
Ethylamines segment remains relatively better placed with stable market structure
Raw material inflation largely passed through, limiting margin expansion upside
FY27 expected to be a consolidation/capitalisation phase with limited fresh capex
Brokerage sees gradual recovery with earnings visibility improving but no full cycle upturn yet
- May 8, 2026 10:42
Review
Share Market Live: Morgan Stanley on Aptus Value Housing Finance
Maintain Overweight, Target Price: ₹385 (raised from ₹375)
4Q NII beat estimates by ~4% with strong quality of earnings and stable asset quality
AUM growth outlook raised to ~20% CAGR supported by branch expansion and higher ticket sizes
Management guiding for 22–24% loan growth in FY27 driven by productivity and sourcing improvements
NIM assumptions increased to ~11.3% on better-than-expected spreads
Credit costs expected to remain stable at ~50–60bps range
Company continues to deliver ~20% ROE with strong return ratios among peers
Valuations seen attractive at ~2x P/B and ~11x P/E relative to growth profile
Brokerage highlights fully secured loan book as key defensive feature in uncertain macros
- May 8, 2026 10:42
Review
Share Market Live: Citi on UBL
Maintain Sell, Target Price: (Cut To) ₹1,200
Co Reported Another Weak Quarter
The Category Witnessed A Recovery In Volumes
Co Reduced Vols From Owned & And Shifted Mix Towards Contract Mfg
See Near-term Earnings Risks Persisting
Elevated Cost Pressures (Aluminium, Energy) With A Guided ₹400-500 Cr Impact
Rising Competitive Intensity Necessitating Higher Invst
Profitability Could Remain Under Pressure
Cut Our FY27-28 Earnings Estimates By 23-32%
- May 8, 2026 10:41
Review
Share Market Live: Jefferies on Pidilite
Recommendation: Hold; Target: ₹1,390
Q4 – beat; healthy volume growth
Beat driven by higher margins
EBIT margins expand for both segments
Middle East conflict and volatility in VAM prices is a key monitorable
- May 8, 2026 10:41
Industry update
Stock Market Today Live: Investec on Paint
Indigo Paints – Upgrade to Buy from Hold; Hike target price to Rs 1,230 from Rs 1,110
Kansai Nerolac – Upgrade to Buy from Hold; Hike target price to Rs 250 from Rs 240
Asian Paints – Upgrade to Hold from Sell; Hike target price to Rs 2,750 from Rs 2,285
Berger Paints – Upgrade to Hold from Sell; Hike target price to Rs 525 from Rs 460
Peak competition likely behind us
Incremental market share impact to moderate on incumbents
Birla Opus appears to be focussing on reducing losses
- May 8, 2026 10:40
Review
Stock Market Today Live: Morgan Stanley on Britannia
Recommendation: Equal-weight; Target: ₹6,019
Q4 – big miss
Q4 revenue growth of 7% was short of estimates
Per management, January and February saw ~9% revenue growth, but March was affected by supply disruptions in international business amid the West Asia conflict
EBITDA margin was 18.2% - down 20 bps year-on-year and 186 bps quarter-on-quarter
Management has already taken measures to mitigate any potential input cost pressures from the ongoing conflict
- May 8, 2026 10:40
Review
Stock Market Today Live: Brokerages on Dabur
Morgan Stanley on Dabur
Maintain Underweight, Target Price: ₹412
FY27 Rev To Grow In Double-digit In India (Led By Volume And Pricing)
Intl Markets (Aided By Pricing And Currency Deflation)
Mgmt Will Protect And Improve Margin In India & Take Price Increases
Co Expecting 10% Inflation & Has Taken Around 4% Price Increase, Maintain Margin In Q1FY27
Further Price Increases Will Be Taken If Needed
Q4 Demand Trends Remained Steady With Rural Outpacing Urban Growth
After Weak Trailing Stock Performance, Stock May React Positively To Earnings
However, Remain UW Given Co’s Weaker Portfolio Construct
Citi on Dabur
Recommendation: Sell; Target: ₹490
Growth recovery off a weak base
Sustainability will be key
Underlying challenges across growth for certain categories persist
Investec on Dabur
Recommendation: Hold; Target: ₹514, Earlier Target: ₹525
Awaiting sustained revenue and earnings delivery
Growth in-line; pricing to drive momentum ahead
Believe room to deliver margin expansion in the medium term remains low
Jefferies on Dabur
Recommendation: Buy; Target: ₹610
When the tide turns, the dark horse runs
Management presented a fairly positive outlook
17% year-on-year growth in domestic HPC addresses a key investor concern about the portfolio’s relevance
Earning growth acceleration ahead, led by revenue growth and margin expansion, to support the share price
- May 8, 2026 10:39
Review
Stock Market Today Live: Kotak Securities on Escorts
Recommendation: Add; Target: ₹3,425, Earlier Target: ₹3,375
Marginally below estimates
Expect domestic tractor industry to remain flat year-on-year in FY27
Construction equipment volumes are likely to gradually recover from H2FY27
Diversification into spares, engines and agri-solutions is likely to broaden the revenue base and reduce cyclicality
- May 8, 2026 10:39
Review
Stock Market Today Live: Kotak Securities on MRF
Recommendation: Sell; Target: ₹125,000, Earlier Target: ₹120,075
Muted quarter; margin headwinds ahead
Uptick in crude oil and rubber prices will limit upside
Expect the company to continue to outperform peers albeit at a slower pace
Balkrishna’s foray into domestic TBR and PCR categories needs to be monitored
Valuations remain expensive at CMP despite baking in elevated profitability and the risk of increased competitive intensity
- May 8, 2026 10:38
Review
Stock Market Today Live: Brokerages on CarTrade
Kotak Securities on CarTrade
Recommendation: Sell; Target: ₹1,860; Earlier Target: ₹1,800
Strong profitability across segments
Slight growth moderation in standalone and OLX businesses
EBITDA margin improvement across segments driven by operating leverage
Future growth: Focus on better monetization of core business and OLX
Await better entry price point
Citi on CarTrade
Maintain Buy; Cut target price to Rs 2,520 from Rs 3,150
OLX Missed; Product cadence remains promising amidst AI concerns
Automotive market continues to see sustained growth acceleration post GST tax-cuts
Cartrade’s reported user traffic in 4Q hasn’t yet been visibly impacted by AI-driven shifts in user behaviour
Product and monetization initiatives in used vehicles, relatively less exposed to AI disruption, look promising
- May 8, 2026 10:38
Review
Stock Market Today Live: Brokerages on Bharat Forge
Morgan Stanley on Bharat Forge
Maintain Overweight, Target Price: ₹1,978
Cons EBITDA 3% Below Est, While Standalone EBITDA Was Ahead
Defence Orderbook Stood At ₹10,960 Cr Vs ₹11,100 Cr In Dec-25
Co Expects 25% Revenue Growth With A Commensurate Increase In EBITDA In FY27
FY27 25% Rev Growth Tgt In-line With Est
Co Expects To Conclude Restructuring Of Loss-Making CDP Bharat Forge By End-CY27
Citi on Bharat Forge
Maintain Sell, Target Price: (Raised To) ₹1,060
Q4 Results Were Slightly Above Estimates Due To Healthy Exports Across Sub Segments
Domestic Revenue Was A Tad Below Our Estimate
Mgmt Outlook Is Positive
Aerospace And Defence Are Likely To Be The Key Growth Drivers
However, We Maintain Sell As Defence Order Has Been Delayed In The Past
Will Wait For Revenue Recognition In H2, Before Getting More Constructive
Increase Our Target Multiple To 31x From 29x Reflecting Greater Clarity On Revenue Drivers
Kotak Securities on Bharat Forge
Recommendation: Sell; Target: ₹1,300, Earlier Target: ₹1,250
Weak execution; valuation offers no comfort
Expect revenue growth to accelerate
See improvement in demand trends in domestic auto segments due to GST cut
See bottoming out of US and EU CV segments and acceleration in defense segment growth
Strong growth in casting and aerospace businesses
Expect profitability to improve driven by operating leverage benefits and a favorable forex
Despite baking in a recovery, valuations remain expensive
- May 8, 2026 10:37
Stock down
Results update: Karur Vysya Bank Q4 profit jumps 41% to Rs 725 crore; shares fall 3% despite strong earnings
Shares of Karur Vysya Bank declined 3% to Rs 305 after a positive opening at Rs 319.35 from the previous close of Rs 313.55.
Net profit for the quarter ended March 2026 (Q4FY26) registered a growth of 41.3 per cent at ₹725 crore against ₹513 crore during the corresponding quarter of the previous year. While net interest income for the quarter grew 25 per cent YoY to ₹1,359 crore
- May 8, 2026 10:34
Quarterly results
Results update: MRF Q4 profit rises 37% to Rs 702 crore; shares steady after early gain
MRF shares traded flat on the NSE at Rs 1,30,800, after rising 1.5% in early trade to Rs 1,32,000 from the previous close of Rs 1,29,965.
It reported a 37 per cent increase in consolidated net profit to ₹702 crore for the fourth quarter ended March 31, 2026
- May 8, 2026 10:33
Results update: SBI shares flat ahead of Q4 results today:
Q4 Results 08th May Live: SBI, Titan, ABB India, Hyundai, Bank of Baroda, Tata Consumer, Ujjivan SFB, MCX, Swiggy, Kalyan Jewellers, Urban Company, Niva Bupa to announce Q4 results, BSE, KVB, Biocon, Dabur, Lupin, ACME, MRF shares in focus
Q4 Results Today, 08th May 2026 Live Updates: Find all the latest Q4 results 2026 updates of 3i Infotech, ABB India, Aditya Consumer Marketing, Advance Agrolife, Aeroflex Neu, Ampvolts, Amrutanjan Health Care, Accretion Nutraveda, Apollo Finvest India, Aravali Securities & Finance, Archidply Industries, ArisInfra Solutions, Artemis Medicare Services, Aditya Vision, Bajaj Healthcare, Balkrishna Industries, Bank of Baroda, Bank of India, Bombay Dyeing & Manufacturing Company, Cera Sanitaryware, Cholamandalam Financial Holdings, CreditAccess Grameen, Continental Securities, Dai-Ichi Karkaria, DAPS Advertising, Epuja Spiritech, Family Care Hospitals, Gallops Enterprise, G N A Axles, Grindwell Norton, GSL Securities, Hyundai Motor India, Inspirisys Solutions, Intellect Design Arena, IRM Energy, Jet Solar, JK Agri Genetics, JSW Infrastructure, Kalyan Jewellers India, KP Green Engineering, Kalyani Steels, Lloyds Enterprises, L. T. Elevator, Vedant Fashions, Mac Charles India, Multi Commodity Exchange of India, Minaxi Textiles, Modern Shares & Stockbrokers, Monika Alcobev, Muthoot Capital Services, Nitin Spinners, Niva Bupa Health Insurance Company, Northern Arc Capital, Oberoi Realty, Omega Interactive Technologies, Orient Electric, Paramount Cosmetics India, Parmeshwar Metal, Prerna Infrabuild, Purity Flexpack, Rain Industries, Reetech International, Shree Renuka Sugars, Sasken Technologies, State Bank of India, Shipping Corporation of India, Sika Interplant Systems, Sueryaa Knitwear, Swiggy, Tata Consumer Products, Tips Films, Titan Company, TPI India, Ujjivan Small Finance Bank, Urban Company, Vivanta Industries, and V R Films & Studios. BSE, KVB, MRF, Dabur, Biocon, Thermax, Pidilite, Britannia, Lupin, ACME Solar, Shakti Pumps, MRF, Bharat Forge, CarTrade Tech, Wonderla Holidays and more in focus. Stay tuned for more updates from businessline
- May 8, 2026 10:31
Stock market
Nifty Prediction Today – May 8, 2026: Nifty 50 futures: Watch the intraday support
Nifty Prediction Today – May 8, 2026: Nifty 50 futures: Watch the intraday support
Nifty 50 futures face negative sentiment; watch key support at 24,180 and resistance at 24,300 for trading insights.
- May 8, 2026 10:30
Stock Market Live Updates: Lenskart shares slide as ₹3,294 crore block deal hits on lock-in expiry day
Lenskart shares slide as ₹3,294 crore block deal hits on lock-in expiry day
Lenskart shares decline after a ₹3,294 crore block deal coincides with the expiration of the IPO anchor investor lock-in period.
- May 8, 2026 10:25
Share Market Live: Dabur shares rebound on Q4 Beat, Analysts split on outlook
Dabur shares rebound on Q4 Beat, Analysts split on outlook
The stock’s early spike reflects positive market sentiment around earnings that beat on profitability, though sell-side opinion remains divided
- May 8, 2026 10:24
Commodities market today: Crude oil production growth prospects in 2027 bright, say analysts
Crude oil production growth prospects in 2027 bright, say analysts
Prospects for growth in crude oil production are bullish for 2027, even as supplies remain constrained in the short term due to the Iran war, analysts said.
- May 8, 2026 10:23
Companies
Stock market live today: Tata Trusts board meeting postponed to next week
Tata Trusts board meeting postponed to next week
Tata Trusts board meeting postponed to May 16, set to discuss Tata Sons listing and board composition changes.
- May 8, 2026 10:23
Stock down
Share market live: Shakti Pumps shares tumble over 8% as Q4 profit falls
Shakti Pumps shares tumble over 8% as Q4 profit falls
Shakti Pumps shares drop over 8% after Q4 profits decline 65% despite record revenue, impacted by margin pressures and costs.
- May 8, 2026 10:22
Companies
Stock Market Live Updates: KPIT Technologies announces the passing of founder and chairman S.B. (Ravi) Pandit on May 8, 2026
KPIT Technologies informed the exchange regarding Demise of Mr. S.B. (Ravi) Pandit, Founder & Chairman of the Board of the Company on the morning of May 08, 2026 in Pune.
- May 8, 2026 10:21
Companies
Stock Market Today Live: L&T Energy Hydrocarbon Onshore wins Rs 1,000–2,500 crore EPC order from BCGCL for Coal-to-Ammonium-Nitrate project in Odisha; shares down 1%
L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture of Coal India Ltd (CIL) and Bharat Heavy Electricals Ltd (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha.
Significant order worth Rs 1,000-2,500 crore
L&T shares traded at Rs 3,981.60 on the NSE, down 1%
- May 8, 2026 10:21
Quarterly results
KP Green Engineering Q4 profit rises to Rs 77 crore; board recommends Rs 0.30 dividend
KP Green Engineering reported consolidated net profit for the quarter ended March 2026 at Rs 77.43 crore compared to Rs 46 crore in the same quarter last year.
Board recommended final dividend of Rs 0.30 per share.
- May 8, 2026 10:20
Quarterly results
Stock market live: ACME Solar swings to Rs 276 crore Q4 profit; CFO Rajat Kumar Singh resigns, Arun Chopra appointed; shares fall 2.5%
ACME Solar reported standalone net profit for the quarter ended March 2026 at Rs 276.44 crore compared to Rs 10.6 crore loss in the same quarter last year.
In FY26, the PAT stood at Rs 340.15 crore as against Rs 188.77 crore in the year-ago period.
Board informed that Rajat Kumar Singh has tendered resignation from the position of Group Chief Financial Officer of the Company vide letter dated February 28, 2026 due to personal reasons. He will be relieved with effect from May 08, 2026
It has appointed Arun Chopra as CFO.
Shares were down 2.5% to Rs 291.10 on the NSE
- May 8, 2026 10:14
Forex
Currency market updates: Rupee falls 45 paise to 94.67 against US dollar in early trade
Rupee falls 45 paise to 94.67 against US dollar in early trade
The rupee depreciated 45 paise to 94.67 against the US dollar in early trade on Friday, as Brent crude prices rose back to USD 101.00 per barrel after US and Iranian forces exchanged fire near the Strait of Hormuz.
- May 8, 2026 10:13
Stock down
Share Market Live: Escorts Kubota shares fall 5% after Q4 earnings
Escorts Kubota shares fall 5% after Q4 earnings
Escorts Kubota shares drop nearly 5% post-Q4 earnings amid concerns over tractor margins and market share.
- May 8, 2026 10:02
Stock up
Share Market Live: BSE shares hit 52-week high after Q4 profit jump
BSE shares hit 52-week high after Q4 profit jump
BSE shares reach a 52-week high after a 61% rise in Q4 profit, marking a historic financial performance.
- May 8, 2026 09:58
Stock down
Share Market Live: Britannia shares sink 4.7% as Q4 miss, West Asia headwinds rattle investors
Britannia shares sink 4.7% as Q4 miss, West Asia headwinds rattle investors
Britannia shares plunge 4.7% after Q4 results disappoint, citing West Asia headwinds and supply chain disruptions.
- May 8, 2026 09:51
Forex
Currency market updates: Rupee falls 45 paise to 94.67 against US dollar in early trade
- May 8, 2026 09:51
Gold silver
Gold updates: Gold rises as buying interest counters concern over Hormuz clash
Gold rises as buying interest counters concern over Hormuz clash
Bullion traded near $4,720 an ounce, after ending the previous session marginally lower; the US struck military targets in Iran after the country fired on three navy destroyers sailing in the strait
- May 8, 2026 09:50
Stock Market Live Updates: Goldman Sachs private credit fund’s share of bad loans rises
Goldman Sachs private credit fund’s share of bad loans rises
Goldman Sachs' private credit fund sees bad loans rise to 4.7%, amid concerns over AI-driven business disruptions.
- May 8, 2026 09:44
Q4 results update: BSE, KVB, Dabur, MRF shares flat after Q4 results, CarTrade & Biocon gain, ACME declines
Q4 Results 08th May Live: SBI, Titan, ABB India, Hyundai, Bank of Baroda, Tata Consumer, Ujjivan SFB, MCX, Swiggy, Kalyan Jewellers, Urban Company, Niva Bupa to announce Q4 results, BSE, KVB, Biocon, Dabur, Lupin, ACME, MRF shares in focus
Q4 Results Today, 08th May 2026 Live Updates: Find all the latest Q4 results 2026 updates of 3i Infotech, ABB India, Aditya Consumer Marketing, Advance Agrolife, Aeroflex Neu, Ampvolts, Amrutanjan Health Care, Accretion Nutraveda, Apollo Finvest India, Aravali Securities & Finance, Archidply Industries, ArisInfra Solutions, Artemis Medicare Services, Aditya Vision, Bajaj Healthcare, Balkrishna Industries, Bank of Baroda, Bank of India, Bombay Dyeing & Manufacturing Company, Cera Sanitaryware, Cholamandalam Financial Holdings, CreditAccess Grameen, Continental Securities, Dai-Ichi Karkaria, DAPS Advertising, Epuja Spiritech, Family Care Hospitals, Gallops Enterprise, G N A Axles, Grindwell Norton, GSL Securities, Hyundai Motor India, Inspirisys Solutions, Intellect Design Arena, IRM Energy, Jet Solar, JK Agri Genetics, JSW Infrastructure, Kalyan Jewellers India, KP Green Engineering, Kalyani Steels, Lloyds Enterprises, L. T. Elevator, Vedant Fashions, Mac Charles India, Multi Commodity Exchange of India, Minaxi Textiles, Modern Shares & Stockbrokers, Monika Alcobev, Muthoot Capital Services, Nitin Spinners, Niva Bupa Health Insurance Company, Northern Arc Capital, Oberoi Realty, Omega Interactive Technologies, Orient Electric, Paramount Cosmetics India, Parmeshwar Metal, Prerna Infrabuild, Purity Flexpack, Rain Industries, Reetech International, Shree Renuka Sugars, Sasken Technologies, State Bank of India, Shipping Corporation of India, Sika Interplant Systems, Sueryaa Knitwear, Swiggy, Tata Consumer Products, Tips Films, Titan Company, TPI India, Ujjivan Small Finance Bank, Urban Company, Vivanta Industries, and V R Films & Studios. BSE, KVB, MRF, Dabur, Biocon, Thermax, Pidilite, Britannia, Lupin, ACME Solar, Shakti Pumps, MRF, Bharat Forge, CarTrade Tech, Wonderla Holidays and more in focus. Stay tuned for more updates from businessline
- May 8, 2026 09:43
Stock market
Stock Market Today Live: Nifty Midcap 100 hits record high, but investors urged to book partial profits and stay cautious amid overbought valuations: Ravi Singh, Master Capital Services
Ravi Singh – Chief Research Officer (Research) – Master Capital Services Limited
The Nifty Midcap 100 continues to trade on higher note, recently shattering previous ceilings to hit a fresh record high. While large-cap indices like the Nifty 50 are struggling under the weight of global macroeconomic pressures, midcaps are practically running their own race.
It essentially boils down to a potent mix of superior earnings, relentless domestic liquidity, and a clear shift in investor preference. Mid-sized companies—especially within sectors like capital goods, real estate, and auto ancillaries—have delivered standout quarterly earnings that heavily overshadow the sluggish growth seen in large-cap IT and banking giants. Furthermore, the sheer volume of retail money pouring in through mutual fund SIPs is providing an unprecedented liquidity cushion. Domestic investors are no longer waiting for foreign institutional cues; they are actively rotating their capital away from saturated, heavy-weight large caps to aggressively chase the higher domestic growth stories sitting in the midcap space.
With the Nifty Midcap index trading in volatile zone, the million-dollar question for retail investors is whether to cash out or ride the wave. In the immediate short term, extreme caution is required. The recent vertical rally has pushed valuations in the broader market into deeply overbought zones. Many midcap stocks are now priced for perfection, leaving absolutely no room for earnings misses or negative global news. While the underlying fundamental growth story for these companies remains strong over a multi-year horizon, the immediate price action suggests the market is overdue for a healthy breather or consolidation. Market experts are strongly cautioning against aggressive, lump-sum buying at these peak levels. The smartest play right now is defensive profit-taking. Investors are advised to book partial profits in stocks that have run up too fast and disconnect from their fundamental value, while using trailing stop-losses to protect running gains on their remaining portfolio. Keeping some cash on the sidelines to deploy during the next market dip is the most prudent strategy for the coming weeks.
- May 8, 2026 09:41
OPENING BELL: Nifty slips below 24,200 as US-Iran tensions push oil above $101; IT, Banks drag
Nifty slips below 24,200 as US-Iran tensions push oil above $101; IT, Banks drag
Nifty dips below 24,200 as US-Iran tensions elevate oil prices, dragging IT and banking sectors lower.
- May 8, 2026 09:33
Commodities
Commodities update: Crude oil futures rise after exchange of fire between US and Iran
Crude oil futures rise after exchange of fire between US and Iran
Crude oil futures rise following US-Iran tensions, with Brent oil at $101.13 and WTI at $95.59.
- May 8, 2026 09:32
Quarterly results
Biocon Q4 results: Net profit drops 56.8% to ₹198.6 cr
Biocon Q4 results: Net profit drops 56.8% to ₹198.6 cr
Biocon's Q4 net profit plunges 56.8% to ₹198.6 crore, impacted by exceptional costs and higher expenses.
- May 8, 2026 09:30
Share Market Live: Microfinance portfolio rebounds to ₹3.31 lakh crore, up 3.2% q-o-q: Report
Microfinance portfolio rebounds to ₹3.31 lakh crore, up 3.2% q-o-q: Report
India's microfinance portfolio rebounds to ₹3.31 lakh crore, showing 3.2% growth due to increased loan originations and ticket sizes.
- May 8, 2026 09:24
Nifty Today: Top gainers, losers at this hour trade
Top gainers of Nifty 50: Tech Mahindra (+1.17%), Asian Paints (+1.14%), Wipro (+0.61%), Tata Consumer (+0.56%)
Top losers: Coal India (-1.43%), HDFC Bank (-1.31%), TMPV (-1.14%), Axis Bank (-1.14%), M&M (-1.10%)
- May 8, 2026 09:20
Opening bell: Sensex falls 429 points, Nifty drops 119 points in early trade
Sensex dragged 428.90 pts or 0.55% to 77,415.62 at 9.17 am after opening at 77,631.94 from the previous close of 77,844.52, and Nifty 50 declined 118.90 pts or 0.49% to 24,207.75.
- May 8, 2026 09:19
Commodities
Commodities update: Crude oil futures rise after US-Iran exchange fire near Strait of Hormuz
Crude oil futures traded higher on Friday morning after the US and Iran exchanged fire near the Strait of Hormuz. At 9.18 am on Friday, July Brent oil futures were at $101.13, up by 1.07 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $95.59, up by 0.82 per cent. May crude oil futures were trading at ₹9032 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹9065, down by 0.36 per cent, and June futures were trading at ₹8721 against the previous close of ₹8769, down by 0.55 per cent.
- May 8, 2026 09:18
Stock Market Live Updates: Global bits
United States — US-Iran ceasefire talks and renewed strikes kept oil, gold, inflation expectations and Fed outlook volatile; labor market remained stable while productivity slowed.
Iran — Iran conflict and Hormuz disruption continued to drive global energy prices, shipping risks and geopolitical uncertainty.
Japan — Real wages rose for a third month, supporting possible BOJ rate hikes, while authorities signaled readiness for more yen intervention.
India — Rupee strengthened as oil prices eased; government plans export support amid Iran-war trade disruptions.
China — Chinese banks reportedly paused loans to sanctioned refiners, tech giants accelerated AI investment, and Midea planned major offshore bond sales.
Singapore — OCBC and UOB reported strong banking performance and wealth-management expansion plans despite geopolitical risks.
Indonesia — Government targeted stronger GDP growth through 2027, while flooding lawsuits and energy-transition developments stayed in focus.
Philippines — Q1 GDP growth slowed to 2.8%, missing expectations and signaling softer domestic momentum.
South Korea — Korea’s tech sector and AI investments reinforced Asia’s growing role in the global AI boom.
Hong Kong — Exchange proposed reviving gold futures trading as volatility surged; Middle Eastern banks expanded regional operations there.
United Kingdom — Construction activity weakened sharply as Iran-war-driven energy costs pushed inflation higher and pressured builders.
Germany — Industrial orders jumped in March as firms prepared for continued Middle East-related energy and trade disruptions.
Mexico — Inflation eased for the first time since December, increasing expectations of a possible interest-rate cut.
Brazil — Trade surplus surged on stronger soy and oil exports, while President Lula reported progress in US relations.
Canada — Oil sands producers said future expansion depends on new West Coast pipeline infrastructure.
Australia — Government required LNG exporters to reserve more gas domestically amid energy-security concerns.
Malaysia — SD Guthrie warned cautiously on outlook after weaker palm oil prices hurt quarterly profits.
France — France prepared aid for airlines facing higher jet fuel costs.
Italy — Italy strengthened energy cooperation talks with Libya amid broader Mediterranean supply concerns.
Norway — Norway approved restarting gas fields to boost European supply, while Statkraft posted higher profits from power prices.
Russia — Russia planned auction of a seized gold producer stake and continued military escalation warnings tied to Ukraine.
Ukraine — Ukraine criticized Russia’s temporary ceasefire messaging during Victory Day commemorations.
Poland — Poland partnered with Foxconn for an EV manufacturing hub and capped fuel prices to ease consumer pressure.
United Arab Emirates — UAE reportedly rerouted hidden oil tankers through Hormuz and discussed expanded oil cooperation with Japan.
Iraq — Iraq’s historic marshlands showed recovery as water availability improved after prolonged drought.
Bolivia — Bolivia announced energy reforms aimed at reducing state control and attracting foreign investment.
Argentina — YPF returned to profit on higher fuel prices and stronger shale production.
Ghana — Cocoa-sector payment delays intensified as debt pressures raised asset seizure risks.
Guinea — Mining activity resumed at the Simandou iron ore project after workers ended a strike.
Egypt — Gold sector activity remained strong amid higher bullion prices and regional instability.
Belgium — EU officials said the Iran crisis had not yet triggered emergency measures for tourism or energy policy.
Source: Reuters
- May 8, 2026 09:17
Stock market
Global market updates: Stocks drop, oil rises: Asian markets react to rising Iran tensions
Stocks drop, oil rises: Asian markets react to rising Iran tensions
Asian markets decline as Iran tensions rise, impacting stocks while oil prices increase amid concerns over energy supply disruptions.
- May 8, 2026 08:58
Stock market
Stock market live today: Nifty holds steady after recent rally; 24,200 is key support, close above 24,400 needed for fresh upside: Rajesh Palviya, Axis Direct
Rajesh Palviya, Head of Research, Axis Direct.
The Nifty closed nearly unchanged yesterday at 24,326, just four points lower after Wednesday’s sharp 298-point increase — a pause rather than a trend reversal. Wall Street dipped overnight as profit-taking took hold following the record high, with the S&P 500 falling 0.38%, the Dow down 0.63%, and the Nasdaq dropping 0.13%, despite oil rising sharply on new US-Iran tensions in the Strait of Hormuz. Asian markets are weak this morning, with Japan and Korea opening 0.6–0.7% lower. Brent crude recovered above $101, gold is close to $4,720, and silver remains around $80. GIFT Nifty indicates a weak start. Technically, 24,200 is now key support; falling below this could quickly push the index toward 24,000. Bulls need a daily close above 24,400 to regain upward momentum. Overall, the market shows confidence, with the Nifty Midcap 100 at an all-time high, supporting a buy on dips approach as long as major support levels hold. Sector and stock-specific movements are expected to continue.
- May 8, 2026 08:56
Stock market
Stock market live: Midcaps steal the show as crude cools, benchmarks flatline
Midcaps steal the show as crude cools, benchmarks flatline
Midcaps shine as crude prices drop, while benchmarks remain flat amid cautious trading and key global data anticipation.
- May 8, 2026 08:50
Technical call buy
Stock in focus: Broking firms bullish on Vedanta, expect demerged entities’ listing in June
Broking firms bullish on Vedanta, expect demerged entities’ listing in June
Broking firms project Vedanta's share price to reach ₹1,000, citing strong fundamentals and upcoming demerger listings in June.
- May 8, 2026 08:43
Quarterly results
Q4 results update: Coromandel International reports 80% fall in Q4 profit; FY26 earnings decline 7.6%
Coromandel International Q4 profit drops 80% as expenses surge despite revenue growth
Coromandel International reports 80% fall in Q4 profit as expenses rise sharply, despite strong revenue growth and higher fertiliser sales in FY26.
- May 8, 2026 08:02
Global developments: Iran creates new Strait of Hormuz shipping authority amid US tensions
Iran tightens control over Strait of Hormuz amid rising US tensions
Iran creates a new authority to vet and tax ships in the Strait of Hormuz, raising global trade fears amid ongoing tensions with the US.
- May 8, 2026 07:43
Stock Market live: Nifty seen opening 150 points lower as investors track Iran-US tensions
Indian markets may open lower as US-Iran tensions and FII selling weigh on sentiment
Gift Nifty signals weak market opening as US-Iran tensions rise near Hormuz. FIIs continue heavy selling despite hopes of recovery in Indian equities.
- May 8, 2026 07:32
Personal finance
Stock Market Today Live: Knight Frank announced the launch of its Private Office operations in India, to serve UHNWIs, HNWIs, family offices and their advisors
Knight Frank today announced the launch of its Private Office operations in India, marking a significant expansion of its capabilities to serve Ultra High Net Worth Individuals (UHNWIs), High Net Worth Individuals (HNWIs), family offices and their advisors. Working exclusively with private clients, Knight Frank’s Private Office in India will offer a seamless, bespoke and discreet service across all property-related requirements, from acquisitions and sales to investment strategy, spanning residential, commercial and global real estate markets.
The India Private Office builds on the success of Knight Frank’s established global network of Private Offices, including in London, Hong Kong, Singapore, Dubai and Jeddah, enabling Indian clients to access a truly connected international platform.
Knight Frank’s Private Office in India will be led by Saneya Malani, who has been appointed Head of Private Office, India.
Saneya brings extensive experience in client advisory, relationship management and business solutions, and will be responsible for building and managing a portfolio of UHNW clients and family offices. Her role will focus on delivering tailored advisory and transaction services, while leveraging Knight Frank’s global network to facilitate cross-border opportunities. In her new role, she will work closely with Knight Frank’s global Private Office team based in London to ensure a seamless integration of expertise, client care and business development across markets.
Commenting on the launch, Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India, said, “India is witnessing an unprecedented phase of wealth creation, which is reshaping investment behaviour and driving demand for highly personalised advisory services. The launch of our Private Office in India is a natural evolution of our strategy to serve this sophisticated and globally minded client base. With increasing outbound investments into international real estate, Knight Frank is uniquely positioned to offer integrated, cross-border advisory backed by deep local expertise and a powerful global network.”
Saneya Malani, Senior Director – Business Solutions and Private Office, India, added “The launch of our Private Office capability in India reflects both the scale of opportunity and the growing sophistication of client needs. Our focus is on delivering a highly bespoke, relationship-led service that combines discretion, strategic insight and access to exclusive opportunities across global markets. We are seeing strong momentum in Indian capital flowing into international real estate, and this platform allows us to further strengthen our role as trusted advisors to this segment.”
Sarah May-Brown, International Partner, Head of Global Private Capital Private Office Knight Frank, said, “India represents one of the most dynamic wealth markets globally, and the launch of our Private Office here is a significant milestone in expanding our global platform. This initiative strengthens our ability to provide a truly connected service, enabling clients to access opportunities, insights and expertise across geographies, sectors and asset classes. It reinforces our ambition to be the trusted partner for the world’s wealthiest clients.”
- May 8, 2026 07:28
Stock market
Buzzing stocks: Lenskart, South Indian Bank, PNC Infratech, Cochin Shipyard, Deep Industries
Buzzing stocks today: Lenskart, South Indian Bank, PNC Infratech, Cochin Shipyard
Key Indian stocks to watch: Lenskart, South Indian Bank, PNC Infratech, Cochin Shipyard, and Deep Industries amid market updates.
- May 8, 2026 07:21
Stock Market Today Live: Equirus advises KMC Group on strategic monetisation of their Road Asset CEPL with Actis
Equirus Capital successfully advised KMC Group on the strategic monetisation of Calicut Expressway Private Limited (“CEPL”), a marquee HAM road asset in Kerala owned by KMC Group, through a transaction with Actis Group. Over the last five years, Equirus Capital has executed transactions worth approximately Rs 4,500 crore in the infrastructure and transportation sector.
CEPL is the special purpose vehicle developing and operating the six-laning of the Kozhikode Bypass section on NH-66 under the Hybrid Annuity Model (“HAM”) framework awarded by NHAI. The transaction involved a comprehensive sponsor transition and refinancing exercise, combining a secondary stake sale, structured primary capital infusion and refinancing of existing debt facilities within a single integrated framework.
“The CEPL transaction was approached as a comprehensive value realization exercise, rather than a conventional asset divestment. Our objective was to monetize not only the equity investment, but also the underlying EPC economics and associated recovery mechanisms, while ensuring continuity and stability at the asset level.
- May 8, 2026 07:20
Banking
Stock Market Live Updates: EPFO, now live on Federal Bank Digital Platforms
Federal Bank has integrated its Digital Platforms with Employees’ Provident Fund Organisation. With this new facility, Federal Bank customers can conveniently and securely make EPFO payments through the Bank’s Net Banking platform, ensuring a seamless and hassle-free experience.
The facility was launched at a special ceremony held in New Delhi. Amongst the attendees were Brij Mohan Singh - Regional P. F Commissioner – I (Banking), Ajay Krishna Paliwal - Regional P. F Commissioner – II (Banking) and Kapil Anand – EPFO official. Federal Bank was represented by Anoop T, Senior Vice President & Country Head of the Government and Institutional Business Department and his colleagues from the Bank.
“True to our motto, ‘Digital at the Fore, Human at the Core,’ Federal Bank remains steadfast in its commitment to customers by introducing convenient, need-of-the-hour facilities. These initiatives not only enhance customer experience but also enable seamless engagement with government establishments, thereby supporting the government’s collection mechanism,” said Mr. Harsh Dugar, Executive Director of Federal Bank.
This service is available to all Federal Bank Net Banking customers and is designed to enhance digital convenience while supporting organisations and institutions in efficiently meeting their statutory compliance requirements.
- May 8, 2026 07:19
Companies
Stock Market Today Live: Myntra Expands M-Now to Chennai, Bringing Speed-Led Fashion Delivery Starting in 30 Minutes
Building on the strong customer adoption across cities, Myntra today announced the launch of M-Now in Chennai. With this launch, shoppers in the city can now expect deliveries starting in 30 minutes, redefining speed-led convenience. To begin with, customers will get access to over 10,000 trend-first styles across 600+ leading brands. Powered by 90+ dark stores across the pin codes M-Now is live in, Myntra is doubling down on strengthening its delivery grid and assortment depth, bringing customers closer to a very compelling trendy assortment across international and homegrown brands.
The expansion into the city is driven by a growing customer base from Chennai and the increasing need for instant gratification and convenience. This dark store setup is designed to handle high-volume orders while maintaining reliable delivery timelines, even during peak shopping periods and festive surges. As part of M-Now, customers can choose from a wide range of categories across Women’s Western Wear, Women’s Ethnic Wear, Men’s Casual Wear, Kids Wear, Beauty and Personal Care, Innerwear and Loungewear, Footwear, Watches, Jewellery, and Accessories.
- May 8, 2026 07:18
Quarterly results
Q4 results update: Akme Fintrade Reports Strong Q4 & FY26 Results
PAT Grows 27.35% to ₹42.32 Crore for FY26 | AUM Crosses ₹918 Crore
• AUM grew 48.49% year-on-year to ₹918.60 Crore in FY26, driven by strong vehicle segment demand
• Record disbursements of ₹503.91 Crore in FY26 — highest in the Company’s history
• Net Profit (PAT) up 27.35% YoY to ₹42.32 Crore for FY26; Q4 PAT surged 62.67% YoY to ₹12.27 Crore
• Net Interest Income (NII) grew 37.14% YoY to ₹86.19 Crore for FY26
• Vehicle Finance AUM delivered 128% YoY growth on the back of expanded dealer network
• Capital Adequacy Ratio (CRAR) robust at 46.23% — well above regulatory requirement
• Gross NPA contained at 2.93%; Provision Coverage Ratio (PCR) at 52%
• Credit Rating upgraded to A– affirming improved financial strength and borrowing profile
- May 8, 2026 07:18
Quarterly results
Share Market Live: Q4FY26 result note on Godrej Consumer Products Ltd from Asit C. Mehta Investment Interrmediates Ltd.
Godrej Consumer Products Ltd reported Q4FY26 consolidated revenue growth of 11% YoY at Rs 39,004 mn, while EBITDA grew 10.8% YoY to Rs 8,414 mn with stable EBITDA margins at 21.6%.
Adjusted PAT rose 19.5% YoY to Rs 5,162 mn despite higher depreciation and finance costs, although PAT came in below estimates due to elevated cost pressures.
India standalone business delivered strong broad-based growth with 8% underlying volume growth (UVG) translating into 10% revenue growth, led by Home Care (+12% YoY) and improving traction in Household Insecticides, Air Fresheners and Fabric Care.
EBITDA margin for the standalone business improved to 24.7%, supported by calibrated pricing actions, disciplined cost management and operating leverage.
Indonesia business showed signs of recovery with 4% UVG and 3% sales growth YoY, supported by shampoo hair colour, baby care and Stella LV relaunch; management expects pricing pressures to ease further from FY27E onwards.
GCPL highlighted continued momentum in emerging categories such as Godrej Fab, which achieved EBITDA breakeven and scaled nationally with Q4 ARR of ~Rs 5 bn GSV, while Godrej Spic expanded pan-India.
Management indicated blended raw material inflation of around 7–9%, driven mainly by sharp increases in kerosene and LAB prices, prompting calibrated price hikes across soaps, detergents and household insecticides.
ACMIIL retained a ‘BUY’ rating on the stock with a revised target price of Rs 1,465, implying an upside potential of 33.8%, supported by strong domestic growth, improving international business and long-term category expansion.
- May 8, 2026 07:13
Companies
Stock Market Today Live: Capri Global Capital’s Tranche I NCD issue oversubscribed; raises up to ₹500 crore with rates up to 9.5%
Capri Global Capital Limited has successfully closed its Tranche I public issue of Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) and the issue have been oversubscribed, reflecting strong investor confidence across all categories.
Key Highlights:
Base issue of ₹1,000 million with a Green Shoe Option of ₹4,000 million, aggregating up to ₹5,000 million
Issue opened on April 15, 2026 and closed on April 28, 2026
Coupon rates of up to 9.50% per annum across tenure options of 24, 36, 60 and 120 months
QIB and Corporate Category investors subscribed over 2x and 1.14x of their earmarked amounts
This is Capri Global’s 2nd successful Public NCD issuance
- May 8, 2026 07:03
WATCH: Today's Stock Recommendation: May 8, 2026
- May 8, 2026 06:52
Stock market live: US military intercepts Iranian attacks as Strait of Hormuz crisis deepens
US-Iran tensions escalate after naval clashes in Strait of Hormuz
US and Iran tensions flare in Strait of Hormuz after naval clashes, with US claiming self-defence strikes amid fragile ceasefire and rising global concerns.
- May 8, 2026 06:42
Latest: US federal court strikes down Trump’s new global tariffs after Supreme Court loss
US court strikes down Trump’s 10% global tariffs as illegal in major ruling
US federal court rules Trump’s 10% global tariffs illegal, calling them unauthorised by law, marking a major setback for US trade policy.
- May 8, 2026 06:42
Commodities
MCX Zinc futures: Uptrend intact
MCX Zinc futures: Uptrend intact
MCX Zinc Futures contract can rise to ₹375-₹380
- May 8, 2026 06:40
Trading Guide for May 8, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for May 8, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI
- May 8, 2026 06:40
Technical call buy
Stock to buy today: Motilal Oswal Financial Services (₹890.70) – BUY
Stock to buy today: Motilal Oswal Financial Services (₹890.70) – BUY
Discover why Motilal Oswal Financial Services is a strong buy today, targeting ₹1,000 with a bullish outlook.
Published on May 8, 2026
