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Stock Market Highlights Today: Nifty Ends Above 24,300, Sensex Rallies Nearly 1,000 Points On Reports US-Iran Near Deal To End Conflict

Nifty PSU Bank rose about 2.61%, leading sectoral gains, followed by Nifty Pharma and Nifty Realty. Meanwhile, HPCL rose 6.91%, BPCL gained 5.21%, and IOC advanced 4.26%.

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Stock Market Highlights Today: Nifty Ends Above 24,300, Sensex Rallies Nearly 1,000 Points On Reports US-Iran Near Deal To End Conflict
53 minutes ago

Indain equity benchmarks rallied during the last-hour trade on reports of US nearing to end war with Iran. The NSE Nifty 50 closed up 1.24% at 24,330.95, gaining 298.15 points, while the BSE Sensex ended 1.22% higher at 77,958.52, up 940.73 points.

The White House is nearing a one-page memorandum of understanding with Iran to end the conflict, Axios reported citing US officials. The proposed agreement aims to create a framework for more detailed nuclear talks, the report added. Meanwhile, Brent crude for July delivery dropped over 7% to $101.75 per barrel, while US West Texas Intermediate fell 7.6% to $94.78. 

May 06, 2026 15:40 (IST)
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Stock Market Highlights: Nifty Closes Above 24,300; Broader Markets Outperform

  • Nifty 50 ended over 1.2% higher and closed above the 24,300 mark, with InterGlobe Aviation and Tata Motors among the top gainers, each rising about 5%.
  • Broader markets outperformed, with Nifty MidCap 150 and SmallCap 250 indices gaining over 1.8%. Coforge and Yes Bank led mid-cap gains, while Alkyl Amines and Valor were among top small-cap gainers.
  • Most sectoral indices ended higher, with PSU Bank and Realty leading gains. FMCG and Energy were the only sectors that closed lower, while Auto and Pharma extended their gaining streaks.
May 06, 2026 15:35 (IST)
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Stock Market Wrap: Nifty, Sensex Close Higher With Over 1% Gains

  • Nifty 50 closed up 1.24% at 24,330.95, gaining 298.15 points.
  • Sensex ended 1.22% higher at 77,958.52, up 940.73 points.
  • Both benchmark indices extended gains at close after a volatile session.
May 06, 2026 15:25 (IST)
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Stock Market Live: Nifty, Sensex Extend Gains In Late Trade

  • Nifty 50 rose 1.19% to 24,319.45, gaining 286.65 points.
  • Sensex advanced 1.19% to 77,933.70, up 915.91 points.
  • Both benchmarks extended gains in late trade as buying activity remained broad-based.

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May 06, 2026 15:21 (IST)
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Stock Market Live: Brent Crude Extends Fall, Drops Over 7%

Brent crude traded at $101.77 per barrel, down 7.37%, extending sharp losses in recent sessions.

May 06, 2026 15:14 (IST)
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Stock Market Live: US Futures Rise Led By Nasdaq 100

  • S&P 500 futures rose 0.7%, while Nasdaq 100 futures gained 1.2%.
  • Futures linked to the Dow Jones Industrial Average advanced 304 points, or 0.62%.
  • The gains indicated a positive start for US markets.
May 06, 2026 15:14 (IST)
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Stock Market Live: Brent, WTI Fall Further As Crude Extends Losses

  • Brent crude for July delivery dropped 6.4% to $102.75 per barrel, while US West Texas Intermediate fell 7.6% to $94.78.
  • The decline extended losses in crude markets amid easing concerns over supply disruptions.
  • The sharp fall comes amid improving sentiment around a potential US-Iran agreement.
May 06, 2026 15:09 (IST)
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HPCL, BPCL, IOCL In Focus: OMC Stocks Rally Over 5% As Brent Crude Hits $102

May 06, 2026 15:08 (IST)
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Stock Market Live: European Markets Rise Led By FTSE, DAX, CAC

  • The pan-European Stoxx 600 index rose 2%, reflecting broad gains across the region.
  • London’s FTSE 100 advanced 2.2%, while France’s CAC 40 and Germany’s DAX each gained 2.3%.
  • The move marked a recovery after the previous session’s declines in European markets.

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May 06, 2026 15:01 (IST)
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Stock Market Live: Market Breadth Favourable With Advances

  • Market breadth remained positive with 1,923 stocks advancing and 581 declining on the NSE.
  • The advance-decline ratio stood at 9:3, indicating broad-based buying across the market.
  • Strong participation across stocks supported overall market sentiment despite intraday volatility.

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May 06, 2026 15:00 (IST)
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Stock Market Live: Rupee Extends Gains Against US Dollar

  • The Indian rupee strengthened further, appreciating by as much as 72 paise to 94.56 against the US dollar.
  • The currency extended gains during the session after opening higher earlier in the day.
May 06, 2026 14:54 (IST)
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Stock Market Live: PSU Bank, Pharma Lead Sectoral Gains; Energy Lags

  • Nifty PSU Bank rose about 2.61%, leading sectoral gains, followed by Nifty Pharma and Nifty Realty.
  • Nifty Bank, Financial Services, Auto and FMCG indices posted gains ranging from around 1.6% to 2.4%.
  • Nifty Energy and Nifty Oil & Gas lagged, slipping about 0.45% and 0.18%, respectively.

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May 06, 2026 14:50 (IST)
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Stock Market Live: OMC Stocks Rise As Crude Prices Decline

  • Shares of oil marketing companies moved higher after a drop in crude oil prices.
  • HPCL rose 6.91%, BPCL gained 5.21%, and IOC advanced 4.26% during the session.
  • The gains followed a sharp fall in global oil prices, which can ease input cost pressures for OMCs.

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May 06, 2026 14:48 (IST)
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Nifty, Sensex Up 1%, Brent Hovers Near $104 — Three Reasons Why Markets Are Rising

May 06, 2026 14:43 (IST)
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Stock Market Live: US Nears Framework Deal With Iran, Axios Reports

  • The White House is nearing a one-page memorandum of understanding with Iran to end the conflict, Axios reported citing US officials.
  • The proposed agreement aims to create a framework for more detailed nuclear talks.
  • The development comes amid ongoing negotiations to ease tensions in the region.

    • Catch all the live updates on the latest developments here.

May 06, 2026 14:42 (IST)
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Stock Market Live: Nifty, Sensex Rebound Sharply On Iran Optimism

  • Nifty 50 rebounded 1.18% to 24,317.50, gaining 284.70 points.
  • Sensex rose 1.12% to 77,876.86, up 859.07 points.
  • Benchmarks recovered sharply as sentiment improved on optimism around easing tensions involving Iran.
May 06, 2026 14:41 (IST)
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Stock Market Live: Brent, WTI Drop Sharply On US-Iran Deal Hopes

  • Brent crude for July delivery fell 5.3% to $103.80 per barrel, while US West Texas Intermediate dropped 6.7% to $95.47.
  • Oil prices declined on reports that the US and Iran are nearing an agreement to end the conflict.
  • The fall extended recent losses in crude markets amid easing supply concerns.
May 06, 2026 14:25 (IST)
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Stock Market Live: KPIT Reports FY26 CC Growth, Flags Improved Outlook

  • KPIT Technologies said FY26 constant currency growth stood at 1.3%.
  • The company marked the 23rd consecutive quarter of steady expansion.
  • Management said the geopolitical situation has improved as FY27 begins.
May 06, 2026 14:09 (IST)
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Stock Market Live: KPIT Highlights Steady Growth Momentum In Q4

  • KPIT Technologies said FY26 constant currency growth stood at 1.3%.
  • The company marked its 23rd consecutive quarter of steady expansion.
  • Management said the geopolitical situation has improved at the start of FY27.
May 06, 2026 14:08 (IST)
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Stock Market Live: South Indian Bank Q4 Profit Rises, NPAs Decline

  • South Indian Bank reported Q4 net profit of Rs 408 crore, up 19.1% year on year, while net interest income rose 5.4% to Rs 915 crore.
  • Gross NPA declined to 1.4% from 2.7% quarter on quarter, while net NPA improved to 0.3% from 0.5%.
  • Provisions fell to Rs 34.4 crore from Rs 224.2 crore a year earlier, while operating profit declined 14.9% to Rs 581 crore.
May 06, 2026 13:58 (IST)
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Stock Market Live: AB Real Estate Swings To Profit In Q4

  • AB Real Estate reported a Q4 consolidated net profit of Rs 10.8 crore, compared with a loss of Rs 131 crore a year earlier.
  • Revenue declined to Rs 82.6 crore from Rs 395 crore year on year.
  • The company reported an EBITDA loss of Rs 160 crore versus a loss of Rs 25 crore in the same period last year.
May 06, 2026 13:45 (IST)
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Stock Market Live: Kospi Closes At Record High, Leads Asia Gains

  • South Korea’s Kospi rose 6.45% to close at a record 7,384.56 after markets reopened following a holiday, with Samsung Electronics gaining over 14% and crossing a $1 trillion market capitalisation.
  • The Kosdaq index declined 0.29%, while China’s CSI 300 and Hong Kong’s Hang Seng also moved higher during the session.
  • Australia’s S&P/ASX 200 ended the day with gains, reflecting broader strength across Asia markets.
May 06, 2026 13:30 (IST)
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Stock Market Live: Marico, Dabur Lead FMCG Gains; UBL, United Spirits Drag

  • Marico and Dabur led gains in FMCG stocks, rising 1.87% and 1.34%, respectively, followed by Nestle and Radico Khaitan.
  • United Breweries and United Spirits were among the top losers, down 2.7% and 2.48%, respectively.
  • Godrej Consumer, HUL and Varun Beverages also traded lower, weighing on the sector.

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May 06, 2026 13:26 (IST)
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Stock Market Live: Garware Hi-Tech Reports Q4 Profit Growth, Declares Dividend

  • Garware Hi-Tech Films reported Q4 net profit of Rs 108 crore, up 39.1% year on year, while revenue rose 8.9% to Rs 597 crore.
  • EBITDA increased 29.7% to Rs 136 crore, with margin expanding to 22.7% from 19.1%.
  • The company declared a dividend of Rs 12 per share and re-appointed Monika Garware as vice chair and joint managing director.
May 06, 2026 13:08 (IST)
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Stock Market Live: Basmati Exporters Seek Shipping Relief As Prices Rise

  • Basmati rice exporters have sought government relief on shipping costs as export prices rise to $1,100–$1,300 per tonne, sources told NDTV Profit.
  • Exporters said higher freight, packaging costs and detention charges are driving price increases, while price caps in markets such as the UAE and Qatar limit cost pass-through.
  • The industry urged faster implementation of the Merchant Shipping Act 2025 framework, noting that freight to the Gulf has jumped from about $550 to as high as $3,000 per container.
May 06, 2026 13:03 (IST)
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Stock Market Live: BlackRock CEO Says Compute May Become New Asset Class

  • BlackRock CEO Larry Fink said shortages of compute power, chips, memory and electricity could lead to the emergence of a new tradable asset class linked to compute, amid rising global AI demand.
  • He said global oil-style supply constraints are emerging in AI infrastructure, with demand growing faster than supply, and flagged the need for trillions of dollars of investment in data centres, power and semiconductors.
  • Fink said hyperscalers are increasingly partnering with private capital for large data centre projects as costs rise, with private investors expected to play a key role in funding AI infrastructure.

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BlackRock CEO Larry Fink Says Compute Could Become New Asset Class Amid AI Demand

May 06, 2026 12:49 (IST)
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Stock Market Live: KPIT Tech Reports Higher Q4 Profit, Revenue Rises QoQ

  • KPIT Technologies reported Q4 consolidated net profit of Rs 163 crore, up 22.2% quarter on quarter, while revenue rose 5.8% to Rs 1,711 crore.
  • EBIT increased 2.5% to Rs 240 crore, though EBIT margin declined to 14% from 14.5% in the previous quarter.
  • Other income fell to Rs 12 crore from Rs 34.1 crore, while tax expense rose to Rs 61.7 crore.
May 06, 2026 12:43 (IST)
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Stock Market Live: Marico CEO Flags FY27 Growth, Cost Factors

  • Marico’s managing director and CEO said crude-linked cost pressures are being offset through price hikes, with no impact seen so far in crude-linked businesses.
  • The company said its international business, which contributes about 4% of revenue, has not been impacted by the ongoing conflict, and brand strength and demand will be key drivers in FY27.
  • Management said softening copra prices should support FY27 margins, while it will monitor the need for further price hikes and the potential impact of El Nino in the second half.
May 06, 2026 12:33 (IST)
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Stock Market Live: Capillary Technologies Q4 EBIT Margin Improves QoQ

  • Capillary Technologies reported Q4 consolidated revenue of Rs 191 crore, up 4% quarter on quarter, while EBIT rose 25.6% to Rs 31.4 crore.
  • EBIT margin improved to 16.4% from 13.6% in the previous quarter.
  • Net profit rose to Rs 43.4 crore from Rs 8 crore quarter on quarter, supported by a one-time gain of Rs 25 crore in Q4.
May 06, 2026 12:32 (IST)
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Stock Market Live: Arvind Fashions Reports Q4 Profit, Declares Dividend

  • Arvind Fashions reported a consolidated net profit of Rs 47 crore in Q4, compared with a loss of Rs 93.2 crore a year earlier.
  • Revenue rose 14.8% year on year to Rs 1,365 crore, while EBITDA increased 19.2% to Rs 189 crore, with margin at 13.9%.
  • The company announced a final dividend of Rs 1.60 per share.
May 06, 2026 12:31 (IST)
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Stock Market Live: Pharma, PSU Bank Gain; FMCG, Energy Drag

  • Nifty Pharma led sectoral gains, rising over 2%, followed by Nifty PSU Bank and Nifty Realty.
  • Nifty Bank, Financial Services, Auto, Infra, Metal, Media and IT traded higher with modest gains.
  • Nifty FMCG, Energy, Oil & Gas and Defence indices were lower, dragging overall market momentum.

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May 06, 2026 12:29 (IST)
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Stock Market Live: Bharti Airtel, M&M Offset Losses From L&T, RIL On Nifty

  • Bharti Airtel, Mahindra & Mahindra, HDFC Bank, ICICI Bank and SBI were the top positive contributors to the Nifty 50, adding a combined 49 points.
  • L&T and Reliance Industries were the biggest drags, subtracting about 70 points from the index.
  • Heavy losses in select large-cap stocks offset broader gains, keeping the benchmark under pressure.

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May 06, 2026 12:26 (IST)
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May 06, 2026 12:26 (IST)
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May 06, 2026 12:23 (IST)
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Stock Market Live: Nifty And Sensex Erase Early Gains In Intraday Trade

  • Nifty 50 and Sensex gave up early gains after rising to intraday highs of 24,250.85 and 77,675.01, respectively.
  • Sensex slipped below its previous close to trade around 76,996, while Nifty hovered near 24,055.
May 06, 2026 12:16 (IST)
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Stock Market Live: Zee Seeks Wider Undertaking In Nykaa Copyright Case

  • Zee has sought an expanded undertaking from Nykaa in the ongoing copyright infringement case, sources told NDTV Profit.
  • Zee wants the Delhi High Court undertaking to cover its entire music repertoire, beyond the 12 Instagram reels currently taken down.
  • The case relates to alleged unauthorised use of Zee songs in promotional reels, with Zee also pressing for Rs 2 crore in damages. The next hearing is scheduled for May 26.
May 06, 2026 12:03 (IST)
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Stock Market Live: KPI Green Reports Strong Q4 Profit And EBITDA Growth

  • KPI Green reported Q4 consolidated net profit of Rs 155 crore, up 49.2% year on year, while revenue rose 39.8% to Rs 796 crore.
  • EBITDA increased 80.6% to Rs 291 crore compared with Rs 161 crore a year earlier.
  • EBITDA margin expanded to 36.6% from 28.3% in the same quarter last year.
May 06, 2026 11:56 (IST)
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Stock Market Live: US FDA Issues Observations To Zydus Lifesciences Unit

  • The US FDA issued seven observations to Zydus Lifesciences’ Ahmedabad manufacturing unit following an inspection.
  • The regulator inspected the facility between April 27 and May 5.
  • The company said there were no data integrity-related observations, as disclosed in an exchange filing.
May 06, 2026 11:45 (IST)
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Vodafone Idea Shares Soar 5% After Kumar Mangalam Birla's Appointment

May 06, 2026 11:38 (IST)
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Meesho Shares Slump Nearly 5% Ahead Of Q4 Results — Should You Buy?

May 06, 2026 11:25 (IST)
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Stock Market Live: Benchmarks Trade In Narrow Range After Slipping From Day’s High

  • Nifty 50 pared gains to trade up 0.27% at 24,096.90 after rising earlier in the session.
  • Sensex eased to trade 0.19% higher at 77,166.18, moving off its intraday high.
  • Both indices retreated from early peaks as gains moderated during trade.
May 06, 2026 11:13 (IST)
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Stock Market Live: Alkem Labs, UltraTech Cement See Short Covering

  • Short covering emerged in Alkem Laboratories, UltraTech Cement, DLF and TVS Motor Co., where prices gained while open interest declined.
  • Alkem Labs rose over 3% with a drop in open interest, signalling traders closing bearish bets.
  • Jio Financial Services and Oberoi Realty also saw similar positioning trends.
May 06, 2026 11:09 (IST)
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Stock Market Live: Power Grid, Tata Consumer Products See Long Unwinding

  • Liquidation was visible in Power Grid Corp., Tata Consumer Products, Oil India and Adani Green Energy, where prices declined along with open interest.
  • Power Grid futures fell sharply across both near- and next-month contracts, indicating traders were cutting long positions.
  • Premier Energies and Amber Enterprises also featured in the unwinding list.
May 06, 2026 11:04 (IST)
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Stock Market Live: Coforge, AU Small Finance Bank Among Stocks Seeing Fresh Accumulation

  • Accumulation trends were visible in Coforge, AU Small Finance Bank, Havells India and Polycab India, where prices rose alongside open interest build-up.
  • Coforge led the list with an 83.82% jump in open interest, while Aurobindo Pharma and IndusInd Bank also saw fresh long positions emerge.
  • The trend suggests selective buying interest in technology, financial and industrial names.
May 06, 2026 10:59 (IST)
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Stock Market Live: Nifty Faces Resistance Near 24,200; Put Writers Active At 24,000

  • Nifty options data showed aggressive call writing at the 24,200 strike, with fresh open interest build-up crossing 9 lakh contracts.
  • Call open interest distribution also remained elevated between 24,200 and 24,500, indicating traders continue to see resistance in that zone.
  • On the put side, strong additions were visible at the 24,000 strike, suggesting immediate support is shifting higher.
  • The broader setup indicates a near-term trading range of 24,000–24,500 for Nifty.
May 06, 2026 10:50 (IST)
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Stock Market Live: Cipla In Focus As Citi Flags Ofev Market Share Gains

  • Citi said Cipla’s generic Ofev has reached a 15% market share by the third week after launch, with limited traction seen for other generic players so far.
  • The brokerage estimates the product could deliver $30–40 million in high-margin revenue for Cipla in Q1FY27, given Ofev is a roughly $3 billion brand.
  • Citi said Ofev, along with gVentolin HFA supply, could support a rebound after a weak Q4FY26.
May 06, 2026 10:45 (IST)
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Stock Market Live: Coforge, SRF See Long Buildup; L&T In Short Buildup

  • Long buildup was seen in Coforge and SRF during the session.
  • Short buildup was observed in Larsen & Toubro and United Spirits.
  • Long unwinding was noted in Hitachi Energy and Tube Investments, while Force Motors and InterGlobe Aviation saw short covering.
May 06, 2026 10:38 (IST)
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Global Oil Inventories May Face 'Operational Stress' By Mid-June, JPMorgan Warns

May 06, 2026 10:25 (IST)
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Stock Market Live: Air India Cuts International Capacity On Higher Fuel Costs

  • Air India reduced international flight capacity by 22% year on year in April, operating 1,987 flights compared with 2,549 a year earlier, according to OAG data.
  • Capacity remained lower in May, down about 20% year on year, with the airline planning a further 7% reduction in June.
  • The cuts were driven by higher global crude prices and wider aviation turbine fuel cracks, with North America and Europe seeing the largest reductions.
May 06, 2026 10:14 (IST)
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Stock Market Live: JPMorgan Warns Oil System Could Face Stress By Mid-June

  • JPMorgan said global oil inventories could face operational stress by mid-June as accessible stockpiles continue to decline amid disruptions linked to the Iran conflict.
  • The bank estimated that of about 8.4 billion barrels in global storage, only around 0.8 billion barrels are realistically available without affecting system functioning, with roughly 580 million barrels remaining.
  • JPMorgan said the risk is driven by limited accessible inventories rather than a complete loss of supply, amid ongoing concerns over disruptions through the Strait of Hormuz.
May 06, 2026 10:14 (IST)
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Stock Market Live: Nifty Bank Sees Strong Build-Up At 55,000 Strike

  • Bank Nifty options activity showed concentrated positioning around the 55,000 strike, where both call and put open interest remained elevated.
  • Fresh put additions near 55,000 indicate traders are attempting to build support at that level, while call writing above 55,500 points to resistance on the upside.
  • Open interest distribution also remained heavy at 56,000, making it another key level for traders tracking Bank Nifty momentum.
May 06, 2026 10:01 (IST)
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Stock Market Live: Nifty, Sensex Off Day's High

  • Nifty 50 rose as much as 0.9% to 24,250 in early trade but later eased to trade up 0.45% at 24,140.30.
  • Sensex climbed up to 657 points, or 0.9%, to 77,675 before paring gains to trade 0.35% higher at 77,288.07.
May 06, 2026 09:55 (IST)
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Coforge Shares Soar 10% After Q4 Profit More Than Doubles

May 06, 2026 09:52 (IST)
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Stock Market Live: GK Energy Wins Rs 354 Crore Solar Pump Order

  • GK Energy secured an order worth Rs 354 crore from Maharashtra State Electricity Distribution Company.
  • The order is for the supply of solar water pumps.
May 06, 2026 09:51 (IST)
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Stock Market Live: Bharat Forge In Focus As Class 8 Orders Decline

  • Bharat Forge came into focus after April ACT Class 8 orders fell to 24,800, down 24% month on month.
  • Orders have declined about 45% from the February 2026 peak of over 45,000.
  • The update points to a slowdown in recent order momentum.
May 06, 2026 09:50 (IST)
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Stock Market Live: Emkay’s Sonthalia Sees Improvement In MFI, BFSI

  • Emkay Investment’s Manish Sonthalia said the microfinance segment could be turning the corner, with credit costs holding up so far.
  • He said the BFSI space is currently well placed, while competitive intensity in the IT sector is expected to continue.
  • Sonthalia flagged crude oil as a concern if the situation remains unresolved by June and said Indian IT companies are not reflecting growth at present.
May 06, 2026 09:49 (IST)
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Stock Market Live: Raymond James Flags Shift In EM Weights, Asia Tech Push

  • Raymond James Investment’s Matt Orton said India’s weightage in emerging markets is set to change.
  • He said Asian economies are investing heavily in robotics and artificial intelligence.
  • Orton said high bond yields are expected to flow into the system over time, while equity markets are rising on strong US earnings.
May 06, 2026 09:44 (IST)
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Stock Market Live: L&T Wins Rs 10,000–15,000 Crore Order From JSW Steel

  • Larsen & Toubro secured an order worth Rs 10,000–15,000 crore for its metals business from JSW Steel.
  • The company said this is its largest-ever order in the domestic metals sector.
  • The update was disclosed in an exchange filing.
May 06, 2026 09:39 (IST)
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Nifty, Sensex Up 0.6%, Most Sectors In Green — Three Reasons Why Markets Are Rising

May 06, 2026 09:34 (IST)
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Stock Market Live: Coforge Gains Nearly 10%, IT Stocks Trade Mixed

  • Coforge rose 9.99%, leading gains among major IT stocks in early trade.
  • Persistent Systems, Mphasis, Tech Mahindra and TCS were higher by 1.59% to 2.92%.
  • Oracle Financial Services Software was marginally lower, down 0.07%.

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May 06, 2026 09:30 (IST)
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Stock Market Live: Nifty Midcap 100 Trades Over 1% Higher In Early Session

  • Nifty Midcap 100 traded at 60,883.40, up 1.03% in early deals.
  • The index moved between a high of 60,997.40 and a low of 60,776.10 during the intraday session shown.
  • Gains followed early volatility after the market opened.

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May 06, 2026 09:28 (IST)
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Stock Market Live: Nifty Bank Trades Higher In Early Session

  • Nifty Bank was trading at 55,224.40, up 1.24% in early trade.
  • The index moved between a high of 55,344.95 and a low of 55,109.05 during the intraday session shown.
  • Gains were seen after an initial rise, followed by range-bound movement in early minutes.

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May 06, 2026 09:27 (IST)
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Stock Market Live: PSU Bank, IT And Auto Lead Sectoral Gains

  • Nifty PSU Bank index rose about 2.0%, leading sectoral gains, followed by Nifty IT up around 1.7% and Nifty Auto up about 1.6%.
  • Nifty Bank and Nifty Financial Services gained around 1.2% and 1.1%, respectively, while Nifty Metal and Nifty FMCG lagged, with FMCG down about 0.25%.

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May 06, 2026 09:20 (IST)
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Stock Market Live: Nifty And Sensex Extend Gains In Early Trade

  • Nifty 50 rose as much as 0.9% to 24,250 in early trade.
  • Sensex climbed up to 657 points, or 0.9%, to 77,675.
May 06, 2026 09:14 (IST)
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Stock Market Live: US FDA Classifies Aurobindo Pharma Telangana Unit As VAI

  • The US FDA has classified Aurobindo Pharma’s Telangana manufacturing unit as Voluntary Action Indicated.
  • The regulator had issued nine observations after inspecting the facility between January 28 and February 10.
May 06, 2026 09:07 (IST)
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Stock Market Live: Nifty 50 And Sensex Trade Higher In Pre-Market

  • Nifty 50 traded at 24,164.45 in pre-market trade, up 0.55% or 131.65 points.
  • Sensex stood at 77,376.72, higher by 0.47% or 358.93 points.
May 06, 2026 09:05 (IST)
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Stock Market Live: Rupee Opens Higher After Hitting Record Low

  • The Indian rupee opened higher after hitting a record low in the previous session.
  • The currency appreciated by as much as 25 paise to 95.04 against the US dollar.
May 06, 2026 08:55 (IST)
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Stock Market Live: Brokerages Maintain Overweight On Hero MotoCorp After Q4

  • JPMorgan, Morgan Stanley and Citi maintained Buy or Overweight ratings on Hero MotoCorp with target prices ranging from Rs 6,385 to Rs 6,900.
  • Brokerages said Q4 performance was supported by pricing actions, cost management and higher realisations, while margins saw some pressure.
  • Citi said demand has remained robust post GST cuts and market share gains in scooters and EVs are progressing, while all flagged commodity inflation and rural demand as risks.
May 06, 2026 08:49 (IST)
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Stock Market Live: Kotak Downgrades Aarti Industries To Reduce

  • Kotak Securities downgraded Aarti Industries to Reduce from Add and set a target price of Rs 460.
  • The brokerage cited margin pressure from a flare-up in inflation and mixed trends in Q4FY26.
  • Kotak said growth projects are expected to contribute gradually and flagged a cautious near-term outlook after the recent stock run-up.
May 06, 2026 08:43 (IST)
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Stock Market Live: Brokerages Cut PNB Target Prices After Q4

  • Kotak Securities, UBS, Citi and Jefferies maintained mixed ratings on Punjab National Bank while cutting target prices after Q4 results.
  • Brokerages cited pressure on net interest margins and modest loan growth, with earnings supported by lower credit costs, provisions and operating expenses.
  • Asset quality was seen as stable, though Citi flagged further NIM contraction and slower growth versus the system as key concerns.
May 06, 2026 08:35 (IST)
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Stock Market Live: Brokerages Raise Marico Target Prices After Q4

  • Jefferies, Morgan Stanley and Citi maintained Buy or Overweight ratings on Marico and raised target prices following the company’s Q4 performance and outlook.
  • Brokerages cited higher FY27 EBITDA growth expectations, with guidance moving to high-teens growth, supported by stable input costs and favourable commodity trends.
  • Citi said declining copra prices provide a buffer against cost pressures, while Jefferies and Morgan Stanley pointed to improved growth visibility.
May 06, 2026 08:26 (IST)
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Stock Market Live: Goldman Sachs Raises KEI Industries Target Price

  • Goldman Sachs maintained a Buy rating on KEI Industries and raised its target price to Rs 5,005 from Rs 4,585.
  • The brokerage said new capacity ramp-up is expected to drive faster growth from FY27 compared with peers.
  • It added that resilient end-market demand amid capex supports medium-term growth expectations.
May 06, 2026 08:18 (IST)
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Stock Market Live: Brokerages Retain Positive Stance On L&T After Q4

  • Bernstein maintained an Outperform rating with a target price of Rs 4,637, citing near-term challenges from lower revenue and margin pressure, while noting strong working capital and returns.
  • Jefferies maintained a Buy rating and raised its target price to Rs 4,885, pointing to growth visibility and the Lakshya 2031 plan with guidance of 10–12% order flow CAGR and 12–15% revenue CAGR.
  • Both brokerages flagged softer near-term prospects for order inflows and flat margin guidance for next year.
May 06, 2026 08:13 (IST)
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Five Stocks To Buy Today: Mahindra & Mahindra, Bajaj Finance, Surya Roshni, And More

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Five Stocks To Buy Today: Mahindra & Mahindra, Bajaj Finance, Surya Roshni, And More

May 06, 2026 08:12 (IST)
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Stock Market Live: Citi Says ECLGS 5.0 Positive For Banks

  • Citi said the approval of ECLGS 5.0 could enable incremental credit flow of about Rs 2.55 trillion to MSMEs.
  • The brokerage said the move is a direct policy response to disruptions from the West Asia crisis and is positive for credit sentiment, asset quality and financial stability.
  • Citi said MSME-focused lenders, including Axis Bank, RBL Bank and PSU banks, are likely to benefit.
May 06, 2026 08:07 (IST)
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Stock Market Live: Brokerages Retain Positive View On M&M After Q4

  • Kotak Securities, JPMorgan and Citi maintained Buy or Overweight ratings on Mahindra & Mahindra and raised target prices, citing better-than-expected Q4 performance and improved guidance.
  • Brokerages flagged higher auto realisations and strong SUV volumes, while noting margin pressure and weaker tractor profitability as near-term factors.
  • Jefferies maintained a Buy rating but cut its target price, citing concerns around the tractor cycle, while highlighting steady auto performance and order momentum.
May 06, 2026 08:02 (IST)
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Stock Market Live: Jefferies Flags Risks For IT Services From New AI Competition

  • Jefferies said Anthropic’s entry into the IT services space could increase competitive risks for traditional IT services firms.
  • The brokerage noted that ownership and access to frontier AI models may place existing players at a disadvantage and could affect new client additions.
  • Jefferies said the development highlights the relevance of IT services offerings but advised staying selective.
May 06, 2026 07:55 (IST)
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Bull Run Over? Nithin Kamath Flags Conflicting Signals As Equity Inflows Turn Negative

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Bull Run Over? Nithin Kamath Flags Conflicting Signals As Equity Inflows Turn Negative

May 06, 2026 07:52 (IST)
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Stock Market Live: L&T Q4 Revenue Misses Estimates, Margin Below Expectation

  • Larsen & Toubro reported Q4 consolidated revenue of Rs 82,762 crore, up 11.3% year on year, while net profit fell 3.1% to Rs 5,326 crore. EBITDA rose 5% to Rs 8,611 crore, with margin at 10.4%.
  • The company guided for 10–12% order inflow CAGR and 12–15% revenue CAGR till FY31, and said margins are expected to remain flat next year.
  • FY26 order inflow stood at Rs 4,35,600 crore, with the total order book at Rs 7,40,300 crore.
May 06, 2026 07:47 (IST)
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Stock Market Live: ICICI Bank, SRF, Vodafone Idea Among Stocks In News

  • ICICI Bank received an administrative warning letter from SEBI related to its Depository Participant operations and said it is taking corrective action. UCO Bank saw its GST demand reduced to Rs 5 crore from Rs 1,473 crore by the Mumbai tax authority.
  • KEC International secured new orders worth Rs 1,002 crore. Indian Energy Exchange reported a 16.6% year-on-year rise in electricity traded volume to 12,341 MU in April. SRF approved an indefinite delay of its Rs 490 crore BOPP film capex and revised refrigerants capex to Rs 2,285 crore.
  • Vodafone Idea appointed Kumar Mangalam Birla as non-executive chairman, while Ravinder Takkar resigned as chairman and was named non-executive vice chairman. Grasim Industries received relief after NCLAT set aside a Rs 302 crore penalty and sent the matter back to the CCI for a fresh hearing.
May 06, 2026 07:42 (IST)
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Stock Market Live: Indian Companies Announce $1.1 Billion Investment In US

  • Indian companies announced investments of more than $1.1 billion in the US at the SelectUSA Investment Summit.
  • The investments span aerospace, defence, energy, advanced manufacturing and artificial intelligence, and are expected to create about 1,500 jobs.
  • Abhyuday Group, Sterlite Technologies, PR Jindal Group, Jivo Wellness Group, TechDome Solutions and Atri AI were among the companies that announced investments.

    • Source: PTI

May 06, 2026 07:38 (IST)
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Stock Market Live: Earnings Due From Bajaj Auto, Polycab, Shree Cement Today

  • Companies scheduled to report earnings today include Bajaj Auto, Polycab India, Shree Cement, Godrej Consumer Products, PB Fintech and One 97 Communications.
  • Other results are expected from Birlasoft, Blue Star, CESC, CG Power and Industrial Solutions, Hexaware Technologies and Kansai Nerolac Paints.
  • The list also includes Aditya Birla Real Estate, Aptus Value Housing Finance, Arvind Fashions, Home First Finance Company India, Radico Khaitan, South Indian Bank and Sula Vineyards.
May 06, 2026 07:34 (IST)
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Stock Market Live: China’s CSI 300 Rises As Markets Reopen After Holiday

  • China’s CSI 300 index added 0.71% as trading resumed after the Labour Day break.
  • Hong Kong’s Hang Seng index was little changed.
  • The Hang Seng Tech index rose 0.21%.
May 06, 2026 07:30 (IST)
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Stock Market Live: US Pauses Project Freedom In Strait Of Hormuz

  • The US paused Project Freedom in the Strait of Hormuz, citing progress toward a final agreement with Iran.
  • Authorities said the US naval blockade will remain in force during the pause.
  • The initiative was launched to help the movement of ships through the Strait of Hormuz and was paused for a short period to assess whether an agreement can be finalised and signed.

    • Read the full story here.

May 06, 2026 07:24 (IST)
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Stock Market Live: Coforge, Hero MotoCorp Among Earnings Reaction To Watch

  • Coforge, GNG Electronics, Lloyds Metals & Energy, SRF, Raymond Realty, Hero MotoCorp, Aavas Financiers and SJS Enterprises are among the earnings reaction to watch today.
  • Larsen & Toubro, GHCL, United Breweries, PNB and Shoppers Stop reported negative results, as revenue and EBITDA missed at Larsen & Toubro, margin pressure at GHCL and PNB, and wider losses at Shoppers Stop.
May 06, 2026 07:20 (IST)
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Stock Market Live: Kospi Crosses 7,000 For First Time As Asia Markets Rise

  • South Korea’s Kospi crossed the 7,000 mark for the first time on Wednesday, rising as much as 5.8% to 7,338.61.
  • Asian markets advanced after signs of easing tensions in the Middle East pushed oil prices lower.
  • Australia’s S&P/ASX 200 rose 0.58%, while Hang Seng futures traded below the index’s previous close. Japanese markets were shut for a public holiday.

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South Korea's Kospi Crosses 7,000 For First Time On Easing Middle East Tensions

May 06, 2026 07:16 (IST)
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Stock Market Live: S&P 500 And Nasdaq Close At Record Highs

  • The S&P 500 rose 0.81% to close at a record 7,259.22.
  • The Nasdaq Composite gained 1.03% to end at an all-time high of 25,326.13.
  • The Dow Jones Industrial Average added 356.35 points, or 0.73%, to settle at 49,298.25.
May 06, 2026 07:12 (IST)
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Stock Market Live: Nasdaq 100 Futures Rise As Dow Futures Slip

  • Nasdaq 100 futures rose 0.6%, while S&P 500 futures gained 0.2%.
  • Futures linked to the Dow Jones Industrial Average slipped 30 points, or less than 0.1%.
May 06, 2026 07:07 (IST)
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Stock Market Live: Brent And WTI Futures Fall As Crude Prices Decline

  • Brent crude futures for July delivery fell 1.21% to $108.54 per barrel on Tuesday.
  • US West Texas Intermediate futures dropped 1.76% to $100.5 per barrel.
May 06, 2026 07:02 (IST)
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Stock Market Live: GIFT Nifty Signals Higher Start For Nifty 50

  • GIFT Nifty traded at 24,286.50, compared with Tuesday’s Nifty 50 close of 24,032.80.
  • The level indicated a higher start for the Indian benchmark index.

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