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INDIA MARKET | Fri, 8 May 2026, 11:34AM IST Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated that the Nifty50 will start the day on a negative note. Asian markets were trading in losses on renewed US-Iran tension

Continue reading at Business Standard

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INDIA MARKET | Fri, 8 May 2026, 11:31AM IST The offer received bids for 244 crore units as against 14.79 crore units on offer.

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INDIA MARKET | Fri, 8 May 2026, 11:28AM IST Banking stocks dragged the Nifty Bank index lower by nearly 440 points amid weakness in heavyweight lenders like HDFC Bank and Axis Bank. Broader market pressure from rising oil prices and FII outflows weighed on sentiment, while analysts flagged key support and resistance levels for the index in the near term.

Continue reading at Economic Times

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INDIA MARKET | Fri, 8 May 2026, 11:25AM IST Shakti Pumps saw revenue climb significantly. However, costs rose sharply, impacting profits. Earnings per share dropped considerably. Despite this, the board proposed a dividend. The company's stock has fallen over the past year. Institutional investors have reduced their holdings, indicating a cautious market sentiment.

Continue reading at Economic Times

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INDIA MARKET | Fri, 8 May 2026, 11:23AM IST Jefferies said the leadership uncertainty at HDFC Bank has become a major overhang for the banking sector, dragging benchmark valuations despite strong fundamentals. The brokerage believes clarity on the banks management succession, along with easing West Asia tensions, could trigger a recovery in sector earnings and valuations.

Continue reading at Economic Times

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INDIA MARKET | Fri, 8 May 2026, 11:22AM IST HFCL shares saw a 2% dip after a significant 92% surge in a month which prompted profit booking. Despite this, the stock has rallied nearly 147% year-to-date. Analysts at Geojit maintain a 'Buy' rating with a target of Rs 150, citing a strong order book, defense sector expansion, and favorable long-term fiber demand outlook.

Continue reading at Economic Times

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INDIA MARKET | Fri, 8 May 2026, 11:21AM IST Broader markets defied the benchmark indices as the Nifty Midcap 100 was up 0.10 per cent, and the Nifty Smallcap 100 indices also gained 0.37 per cent

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INDIA MARKET | Fri, 8 May 2026, 11:19AM IST Adani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as key AI infrastructure plays in India. The conglomerate's ambitious plans to develop AI-ready data centers, coupled with India's surging electricity demand, have propelled Adani's energy stocks to outperform the market.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 8 May 2026, 11:16AM IST ACME Solar Holdings on Friday posted a 13.3 per cent on-year rise in net profit to Rs 138 crore in the March quarter, supported by higher revenues. The company had a net profit of Rs 122 crore in the quarter ended on March 31, 2025, a company statement said. Total revenue of the company rose to Rs 705 crore in the reported quarter from Rs 539 crore in the period year ago. In the fiscal 2025-26, the net profit increased to Rs 498 crore from Rs 251 crore in the previous year. Total revenues in the fiscal year also increased to Rs 2,507 crore from Rs 1,575 crore in the year ago. In Q4, the company won new projects worth 301 MW FDRE (firm and dispatchable renewable energy) with SECI, taking total under construction capacity to 5,081 MW. It has a total portfolio of 8,071 MW, including 17 GWh of BESS (battery energy storage solutions) installation, with 6,270 MW PPA (power purchase agreement) signed, it stated. It stated that 6,464 million units (MUs) were generated in FY26 up 61.1 p

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INDIA MARKET | Fri, 8 May 2026, 11:16AM IST Route Mobile's consolidated net profit surged 93.2% to Rs 109.32 crore in Q4 FY26 as against Rs 56.58 crore posted in Q4 FY25.

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INDIA MARKET | Fri, 8 May 2026, 11:16AM IST Goa Carbon surged 12.22% to Rs 433 after the company reported a standalone net profit of Rs 4.49 crore in Q4 FY26 as compared with a net loss of Rs 6.53 crore in Q4 FY25.

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INDIA NEWS | Fri, 8 May 2026, 11:13AM IST Travellers planning trips to Europes Schengen Area this summer may face difficulty securing visa appointments as demand rises during the peak travel season from May to August, according to Fragomen. In an immigration alert, the firm said appointments for Schengen C visa applications are currently limited due to an increase in application volumes. The advisory asked travellers to plan their trips well in advance and warned businesses to remain flexible while arranging travel to Europe.The Schengen C visa is issued for short-term travel across countries in the Schengen Area, which includes most European Union member states.Europe begins digital Schengen visasThe European Union is moving towards a fully digital Schengen visa system by 2028. Under the proposed system, visas will be issued digitally with encrypted barcodes to improve security and streamline the application process.130892573During the transition period, travellers are expected to encounter a mix of digital and paper-based procedures before the complete rollout of the new system.According to Fragomen report, travellers must be prepared for possible delays at airports and border checkpoints across Europe due to the recent rollout of the Entry Exit System (EES). The EES is a digital border management system designed to record the entry and exit details of non-EU travellers entering the Schengen Area.According to the advisory, these measures could increase processing time for travellers during the busy summer season.

Continue reading at Economic Times

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INDIA MARKET | Fri, 8 May 2026, 11:10AM IST The favourable results attracted bullish commentary from brokerages including Centrum Broking, and Antique Stock Broking, both of which retained their 'Buy' calls on the stock

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INDIA MARKET | Fri, 8 May 2026, 11:10AM IST Indian investors are increasingly shifting money overseas in search of diversification amid weaker domestic market returns, persistent foreign fund outflows, and a record-low rupee. Overseas investments in equities and debt rose 60% year-on-year to over $2.2 billion in the 11 months through February.

Continue reading at Economic Times

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INDIA MARKET | Fri, 8 May 2026, 11:06AM IST Market veterans warn investors may be underestimating the long-term economic fallout from the Middle East energy crisis. While AI spending and US economic resilience fuel optimism, falling oil reserves and tightening supplies could lead to shortages and a significant global GDP contraction. Rising shipping costs and insurance premiums further exacerbate these concerns.

Continue reading at Economic Times

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INDIA MARKET | Fri, 8 May 2026, 11:05AM IST Citi has recommended a 'Buy' rating on NTPC for a target price of 485, Tata Power for a target of 525, Power Grid for a target of 380, and JSW Energy for a target of 650.

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INDIA MARKET | Fri, 8 May 2026, 11:04AM IST JSW Dulux Ltd saw volume of 81517 shares by 10:47 IST on BSE, a 15.06 fold spurt over two-week average daily volume of 5414 shares

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INDIA MARKET | Fri, 8 May 2026, 11:04AM IST Shares of Onemi Technology Solutions (Kissht) were currently trading at Rs 207.35 at 10:35 IST on the BSE, representing a premium of 21.26% as compared with the issue price of Rs 171.

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INDIA MARKET | Fri, 8 May 2026, 11:02AM IST Shell reported its strongest quarterly profit in nearly two years, driven by gains in refining and energy trading amid Iran-related geopolitical tensions. While earnings beat expectations and shareholder payouts increased, concerns over declining production and sustainability of trading gains weighed on investor sentiment following the results announcement.

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INDIA MARKET | Fri, 8 May 2026, 10:57AM IST BSE shares dipped despite a strong March quarter performance, with net profit soaring 61% YoY to Rs 797 crore and revenue jumping 85% to Rs 1,564 crore. Analysts remain divided, with Nuvama maintaining a 'Buy' rating and Jefferies a 'Hold', citing varying growth prospects and risks.

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INDIA MARKET | Fri, 8 May 2026, 10:56AM IST Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated that the Nifty50 will start the day on a negative note. Asian markets were trading in losses on renewed US-Iran tension

Continue reading at Business Standard

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INDIA MUTUAL FUNDS | Fri, 8 May 2026, 10:52AM IST Motilal Oswal Mutual Fund has launched its Contra Fund, open for subscription until May 22. The fund aims for long-term capital appreciation by investing in fundamentally sound but undervalued stocks. Experts suggest this strategy suits patient investors with a 3-5 year horizon, especially during market volatility.

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INDIA MARKET | Fri, 8 May 2026, 10:51AM IST Sterlite Technologies share price was locked in the 5-per cent upper circuit for a fourth straight trading day

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INDIA MARKET | Fri, 8 May 2026, 10:50AM IST India's earnings season reveals a steady, albeit unspectacular, recovery. FMCG sees rural demand lift, but growth remains modest. PSU banks boast clean balance sheets, yet face quiet pressure on net interest margins. Power and EMS sectors have strong demand, but margin sustainability hinges on raw material costs and rising competition.

Continue reading at Economic Times

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GLOBAL NEWS | Fri, 8 May 2026, 10:50AM IST Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz

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INDIA MARKET | Fri, 8 May 2026, 10:50AM IST Sales rise 12.50% to Rs 547.77 crore

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INDIA MARKET | Fri, 8 May 2026, 10:50AM IST Sales rise 18.35% to Rs 513.78 crore

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INDIA MARKET | Fri, 8 May 2026, 10:46AM IST Britannia Industries reported a net profit of 678 crore, up 21.2 per cent from 560 crore in the year-ago period

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INDIA MARKET | Fri, 8 May 2026, 10:46AM IST Britannia Industries reported a net profit of 678 crore, up 21.2 per cent from 560 crore in the year-ago period

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1h

INDIA MARKET | Fri, 8 May 2026, 10:46AM IST Britannia Industries reported a net profit of 678 crore, up 21.2 per cent from 560 crore in the year-ago period

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INDIA MARKET | Fri, 8 May 2026, 10:45AM IST Indian government bonds experienced a decline today. This happened as oil prices increased due to renewed conflict between the U.S. and Iran. Investors are also watching a new 10-year bond auction. Higher oil prices could impact India's inflation and economy. The market awaits the auction results for further direction.

Continue reading at Economic Times

1h

INDIA MARKET | Fri, 8 May 2026, 10:43AM IST Bitcoin has dipped below the $80,000 mark. This pullback follows a strong rally and is influenced by rising geopolitical tensions. Investors are booking profits, and leveraged positions are being liquidated. Despite this, spot Bitcoin ETFs continue to see significant inflows, indicating ongoing institutional interest. The market is navigating a consolidation phase, with attention shifting to economic data.

Continue reading at Economic Times

1h

INDIA BUSINESS | Fri, 8 May 2026, 10:36AM IST Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi, has achieved prestigious AACSB accreditation, a global benchmark for business education excellence. This rigorous, multi-year review process signifies LBSIM's commitment to academic quality, learner success, and societal impact, placing it among the top 6% of business schools worldwide.

Continue reading at Economic Times

1h

INDIA BUSINESS | Fri, 8 May 2026, 10:34AM IST The Centre is expected to issue a rectification order within 48-72 hours to restore the tax exemption for gold-importing banks after a notification accidentally withdrew the benefit, IBJA National Secretary Surendra Mehta said.

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1h

INDIA MARKET | Fri, 8 May 2026, 10:31AM IST Diffusion Engineers rose 1% to Rs 318.70 after the company received a domestic order worth approximately Rs 10.63 crore for the supply of roller assemblies and retrofitting of shafts.

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1h

INDIA MARKET | Fri, 8 May 2026, 10:31AM IST Sonata Software rallied 6.81% to Rs 289.50 after the company reported 25.05% jump in consolidated net profit to Rs 130.50 crore despite a 17.67% decline in revenue from operations to Rs 2536.19 crore in Q4 FY26 over Q3 FY26.

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INDIA BUSINESS | Fri, 8 May 2026, 10:31AM IST The 30-share BSE Sensex declined 353.50 points to 77,491.02. The 50-share NSE Nifty dropped 109.25 points to 24,225.20

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INDIA MARKET | Fri, 8 May 2026, 10:31AM IST Pidilite Industries gained 3.18% to Rs 1497.35 after the company's standalone net profit jumped 22.8% to Rs 547.39 crore on 15.22% increase in revenue from operations to Rs 3,284.80 crore in Q4 FY26 over Q4 FY25.

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INDIA MARKET | Fri, 8 May 2026, 10:31AM IST The TN Plus Two examinations took place from March 2 to March 26, in 3,412 centres statewide.

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INDIA BUSINESS | Fri, 8 May 2026, 10:31AM IST The internet infrastructure and cybersecurity company plans to cut more than 1,100 jobs globally

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INDIA MARKET | Fri, 8 May 2026, 10:31AM IST Britannia Industries' consolidated net profit increased 21.14% to Rs 678.34 crore on 6.46% jump in total revenue from operations to Rs 4,718.82 crore in Q4 FY26 over Q4 FY25.

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INDIA MARKET | Fri, 8 May 2026, 10:31AM IST Wall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US economy are fueling this concern. This could mean higher borrowing costs for everyone. Markets are also reassessing the US Federal Reserve's next moves. The situation demands close attention as it impacts global financial markets.

Continue reading at Economic Times

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INDIA NEWS | Fri, 8 May 2026, 10:30AM IST The US Consulate in Kolkata has introduced priority B1/B2 visa appointment slots for parents aged 50 years and above who want to visit their children living legally in the United States. The move aims to reduce waiting time for eligible applicants and is currently available only at the Kolkata consulate. In a statement posted on X, the consulate said, Parents 50 years of age and over visiting children residing legally in the U.S. now benefit from priority appointment slots at Consulate Kolkata. Were helping with shorter wait times for qualified travelers with established ties and verified purposes. The announcement is part of what the consulate described as America First in Family Values. The initiative is expected to help older parents secure interview appointments faster amid long waiting periods for US visitor visas in India. — USAndKolkata (@USAndKolkata) New visa categories visible for Kolkata applicants According to a TOI report, applicants selecting Kolkata as their interview location are seeing new appointment categories under the B1/B2 visa process. These include parents visiting children with legal status in the US, business professionals, general tourism applicants, and applicants with recent visa refusals.The B1/B2 visa is a non-immigrant visa issued to people travelling to the US temporarily for business, tourism, or both purposes. The Kolkata consulate has also announced a separate visa scheduling system for verified business travellers to support trade and investment links between India and the US.

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INDIA MARKET | Fri, 8 May 2026, 10:28AM IST Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated that the Nifty50 will start the day on a negative note. Asian markets were trading in losses on renewed US-Iran tension

Continue reading at Business Standard

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INDIA MARKET | Fri, 8 May 2026, 10:27AM IST Sonata Software shares surged nearly 10% after the company reported a 21% rise in Q4 FY26 net profit, despite a decline in revenue. Strong EBITDA growth and deal wins supported sentiment, while the firm announced a final dividend. Segment performance remained steady, with gains in both international and domestic businesses.

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INDIA MARKET | Fri, 8 May 2026, 10:27AM IST A modest SIP of Rs 2,000 invested consistently over many years can grow into a meaningful retirement corpus.

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