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Indian equity benchmarks registered gains for the consecutive week. The NSE Nifty 50 rose 0.7% and the BSE Sensex rose 0.54%. On Friday, benchmarks ended lower, tracking negative global cues. The Nifty 50 closed 0.62% lower at 24,176.15, down 150.50 points, while the Sensex ended 0.66% lower at 77,328.19, down 516.33 points.
The US and Iran exchanged fire in the Strait of Hormuz, with both sides saying the other initiated the attack. US President Donald Trump said the ceasefire remained in effect after the exchange. Trump said Iran would face further attacks if it does not agree to a nuclear deal.
Orient Electric reported a 28.9% year-on-year rise in fourth-quarter net profit to Rs 40.3 crore.
Revenue rose 10% to Rs 948.3 crore, while EBITDA increased 15.8% to Rs 77.4 crore. EBITDA margin stood at 8.2%, compared with 7.8% a year earlier.
SBI shares fell after the bank announced its fourth-quarter results.
The Indian rupee fell 0.5% to 94.6775 against the US dollar.
Ola Electric said it received government approval for its EV scooter S1 X , according to an exchange filing.
Brent crude futures for July delivery rose 1.20% to $101.26 per barrel, while West Texas Intermediate futures for June delivery gained 0.88% to $95.64 per barrel.
JSW Infrastructure said its arm, JSW Kolkata Container Terminal, received approval from the Principal Commissioner of Customs to start operations near Syama Prasad Mookerjee Port, according to an exchange filing.
Source: PTI
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SpiceJet shares rose 4.95%, while InterGlobe Aviation gained 0.33%.
OnEMI Technology Solutions settled at Rs 191 on the BSE and Rs 190 on the NSE, compared with its issue price of Rs 171.
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Source: PTI
KPIT Technologies said its Founder and Chairman of the Board, S B (Ravi) Pandit, passed away on the morning of May 8, 2026, in Pune, according to a company statement.
Nifty fell as much as 0.69% to 24,158, while the Sensex declined up to 553 points, or 0.7%, to 77,921 in early trade.
Nifty traded below the 24,150 mark in pre-open trade, while the Sensex was little changed at 77,915.
The Indian rupee opened weaker against the US dollar, slipping by as much as 33 paise to 94.59 in early trade.
Lenskart saw 59 million shares traded in a block deal, representing about 3.4% of the company’s equity, according to Bloomberg data. Buyers and sellers were not known immediately.
PB Fintech saw 4.34 million shares traded in a block deal, representing about 0.94% of the company’s equity, according to Bloomberg data. Buyers and sellers were not known immediately.
Catch all the live updates on US-Iran war here.
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