The NSE Nifty 50 and BSE Sensex erased all gains from previous week. The indices finished the week with 1.39% and 1.30%, down, respectively.
The NSE Nifty 50 and BSE Sensex erased all gains from previous week. The indices finished the week with 1.39% and 1.30%, down, respectively.
The NSE Nifty 50 ended 238.15 points or 0.98% down at 24,035.65, the lowest level since April 17
The BSE Sensex ended 775.32 points or 0.97% down at 79,559.49, the lowest level since April 25.
The Nifty 50 witnessed the worst intraday decline since April 25, while Sensex fell the most since April 15%
The Nifty Realty is the worst performer. It ended 2.38% down at 823.75.
The Nifty Defence is the best performer. It ended 3.04% higher at 7,088.95.
The NSE Nifty Midcap 150 ended 0.02% higher at 19,596.25
The NSE Nifty Smallcap 250 ended 0.66% down at 15,080.45
The NSE Nifty 50 ended 238.15 points or 0.98% down at 24,035.65, the lowest level since April 17
The BSE Sensex ended 775.32 points or 0.97% down at 79,559.49, the lowest level since April 25.
The Nifty 50 witnessed the worst intraday decline since April 25, while Sensex fell the most since April 15%
The Nifty Realty is the worst performer. It ended 2.38% down at 823.75.
The Nifty Defence is the best performer. It ended 3.04% higher at 7,088.95.
The NSE Nifty Midcap 150 ended 0.02% higher at 19,596.25
The NSE Nifty Smallcap 250 ended 0.66% down at 15,080.45
Rupee closed 34 paise stronger at 85.38 against US Dollar
It closed at 85.72 a dollar on Thursday
Source: Bloomberg
ICICI Bank Ltd. has announced that ICICI Venture will transfer its private equity, venture capital, and real estate fund management business from I-Ven to ICICI Prudential AMC. Despite this transfer, I-Ven will continue to undertake certain advisory activities and manage residual funds.
Alkyl Amines Chemicals Ltd. share price declined 3.25% to Rs 1,622.70 apiece. The company's Ebitda declined 1.6% on the year to Rs 67.8 crore during fourth quarter.
Alkyl Amines Chemicals Ltd. share price declined 3.25% to Rs 1,622.70 apiece. The company's Ebitda declined 1.6% on the year to Rs 67.8 crore during fourth quarter.

A growing number of investors are shifting their investments away from actively managed equity schemes to exchange traded funds amid increasingly volatile markets, shows data released by the Association of Mutual Funds in India for the month of April.
Read the full article here.
Lloyds Enterprises Ltd. share price declined 4.75% to Rs 46.50, the lowest level since April 9. The company reported that its consolidated net profit fell 55% on the year to Rs 9.4 crore during January–March.
Lloyds Enterprises Ltd. share price declined 4.75% to Rs 46.50, the lowest level since April 9. The company reported that its consolidated net profit fell 55% on the year to Rs 9.4 crore during January–March.

NDR Auto Components Ltd. has entered into a 50-50 joint venture with Hayashi Telempu to develop disruptive and innovative offerings. Hayashi Telempu & co will invest Rs 33.3 crore to establish this joint venture.
Bank of Maharashtra gets license from IFSCA to establish IFSC Banking Unit at GIFT IFSC in Gujarat.
Source: Exchange filing
Dr. Reddy's Laboratories Ltd., ABB India Ltd., Swiggy Ltd., Thermax Ltd. and others are set to post their fourth quarter results on Thursday. Here's a look into the analysts' consensus estimates that are compiled by Bloomberg.
The NSE Nifty Realty fell 4.205 to the lowest level since 808.40, the lowest level since April 15. The index is the worst performing sectoral index on NSE so far on Friday. The Phoenix Mills Ltd., and DLF Ltd. share prices were top detractors in the Nifty Realty index.
The NSE Nifty Realty fell 4.205 to the lowest level since 808.40, the lowest level since April 15. The index is the worst performing sectoral index on NSE so far on Friday. The Phoenix Mills Ltd., and DLF Ltd. share prices were top detractors in the Nifty Realty index.

Infibeam Avenues Ltd. will raise up to Rs 700 crore via right issue, the company said in an exchange filing/
Intellect Design Ltd. share price rose 5.44% to Rs 888.65 apiece after its consolidated net profit jumped 92.8% sequentially to Rs 133 crore during fourth quarter.
Click here for faster update on Q4 earnings.
Intellect Design Ltd. share price rose 5.44% to Rs 888.65 apiece after its consolidated net profit jumped 92.8% sequentially to Rs 133 crore during fourth quarter.
Click here for faster update on Q4 earnings.

Kaynes Technology India Ltd. has signed a share purchase agreements to acquire a 100% stake in August Electronics Inc, the exchange filing said.
BEML Ltd. has announced that its Board has declared a second interim dividend of Rs 15 per share for the fiscal year FY25.
Exchanges actively monitoring the environment for cyber threats
This is amid rising tensions between India and Pakistan
Operating in enhanced vigilance mode round-the-clock
Market Infrastructure Institutions recently held discussions on preparedness
Both major exchanges have issued advisories to trading members
Sources: People In The Know
Titan Co. saw its share price rise by over 4% following the announcement of its fourth-quarter results. On Thursday, the Tata group firm reported a 13% increase in its consolidated profit after tax, reaching Rs 871 crore for the March quarter. This growth was driven by robust sales, with the company previously posting a PAT of Rs 771 crore for the January-March period of FY24.
Titan Co. saw its share price rise by over 4% following the announcement of its fourth-quarter results. On Thursday, the Tata group firm reported a 13% increase in its consolidated profit after tax, reaching Rs 871 crore for the March quarter. This growth was driven by robust sales, with the company previously posting a PAT of Rs 771 crore for the January-March period of FY24.

Larsen & Toubro Ltd. share price rose 4.61% to Rs 3,477.00 apiece, the highest level since April 1. Larsen & Toubro's net profit rose 25% on the year to Rs 5,497 crore during fourth quarter versus Rs 4,396 crore. Analysts estimated Rs 4,545 crore net profit for the period
Larsen & Toubro Ltd. share price rose 4.61% to Rs 3,477.00 apiece, the highest level since April 1. Larsen & Toubro's net profit rose 25% on the year to Rs 5,497 crore during fourth quarter versus Rs 4,396 crore. Analysts estimated Rs 4,545 crore net profit for the period

InterGlobe Aviation Ltd. share price declined 4.95% to Rs 4,891.50 apiece, the lowest level since April 7. It was trading 1.79% down at Rs 5,053.50 apiece as of 11:51 a.m. The airline is incurring daily loss amid growing tension regarding India and Pakistan tensions.
InterGlobe Aviation Ltd. share price declined 4.95% to Rs 4,891.50 apiece, the lowest level since April 7. It was trading 1.79% down at Rs 5,053.50 apiece as of 11:51 a.m. The airline is incurring daily loss amid growing tension regarding India and Pakistan tensions.

Executive committee of State Bank of India set to meet today
Yes Bank board to called urgent meeting today
Meetings to likely discuss potential offer from Sumitomo Mitsui Banking Corporation
SMBC likely to buy only minority stake in Yes Bank for now
RBI approval on deal is mandatory before any open offer announcement
Source: People in the know
The NSE Nifty Midcap 150 and the NSE Nifty Smallcap 250 declined 2.18% and 2.61% so far in Friday's session. The indices were trading 0.58% and 0.53% down, respectively as 11:15 a.m. as compared to 1.05% decline in the NSE Nifty 50 index.
The NSE Nifty Midcap 150 and the NSE Nifty Smallcap 250 declined 2.18% and 2.61% so far in Friday's session. The indices were trading 0.58% and 0.53% down, respectively as 11:15 a.m. as compared to 1.05% decline in the NSE Nifty 50 index.
"Given the current market dynamics, traders are advised to adopt a disciplined approach with strict risk management, focusing on short-term trading opportunities. Considering the prevailing global uncertainties, it is also prudent to avoid large overnight positions and enforce tight risk controls,"Hardik Matalia, a derivative analyst, Choice Broking
India Oil Ltd. clarified that there's ample fuel stocks with the company, and their supply lines across the country is working fine. Hence, the company urged people not to do panic-buying at this point.
#IndianOil has ample fuel stocks across the country and our supply lines are operating smoothly.
— Indian Oil Corp Ltd (@IndianOilcl) May 9, 2025
There is no need for panic buying—fuel and LPG is readily available at all our outlets.
Help us serve you better by staying calm and avoiding unnecessary rush. This will keep our…
Most stocks of logistics companies declined on National Stock Exchanges Friday amid growing concern of a further escalation of tension between India and Pakistan. The Government of India closed 24 airports for civilian flight operation, mostly in the North and West India, including major airports like Chandigarh, Srinagar, Amritsar, Ludhiana, and Bhuntar. This move will impact movement of usual cargoes across the country.
Most stocks of logistics companies declined on National Stock Exchanges Friday amid growing concern of a further escalation of tension between India and Pakistan. The Government of India closed 24 airports for civilian flight operation, mostly in the North and West India, including major airports like Chandigarh, Srinagar, Amritsar, Ludhiana, and Bhuntar. This move will impact movement of usual cargoes across the country.

HCLTech Ltd. has launched an augmented reality-based IT infrastructure solution in collaboration with Xerox company CareAR. This innovative solution aims to enhance IT support and service delivery through augmented reality technology.
Helios Capital’s Samir Arora says foreign inflows could support Indian equities in the coming months, even if geopolitical jitters cause short-term volatility.
Amid escalating tensions between India and Pakistan, Arora told NDTV Profit he does not expect the situation to spiral into a full-blown war and believes any market correction would be short-lived.
Read the full article here.
Share price for Britannia Industries Ltd. was trading almost 2% higher on Friday, after the company reported a rise in net profit for the fourth quarter of fiscal 2025.
Britannia share price rose as much as 1.79% to Rs 5,487.50 apiece, the highest level since April 30, 2025.
Share price for Britannia Industries Ltd. was trading almost 2% higher on Friday, after the company reported a rise in net profit for the fourth quarter of fiscal 2025.
Britannia share price rose as much as 1.79% to Rs 5,487.50 apiece, the highest level since April 30, 2025.

Stocks of companies engaged in tourism business were trading lower in Friday's session. TBO Tek Ltd. is the top loser with 9.64% loss so far. It pared most losses to trade 2.55% down at Rs 1,117.70 apiece as of 10:19 a.m.
Thomas Cook Ltd., and Easy Trip Planners fell the most following TBO Tek Ltd. The stocks fell 5.02% and 4.70%, respectively so far.
Market-cap of tourism stocks declined Rs 1,056.72 crore to Rs 43,186.64 crore as of 10:21 a.m.
Investors pull their money out from these stocks as the India-Pakistan border tension will likely impact travel and tourism. Jefferies reduced weightage of tourism industry in their portfolio on anticipation of negative impact on tourism.
Stocks of companies engaged in tourism business were trading lower in Friday's session. TBO Tek Ltd. is the top loser with 9.64% loss so far. It pared most losses to trade 2.55% down at Rs 1,117.70 apiece as of 10:19 a.m.
Thomas Cook Ltd., and Easy Trip Planners fell the most following TBO Tek Ltd. The stocks fell 5.02% and 4.70%, respectively so far.
Market-cap of tourism stocks declined Rs 1,056.72 crore to Rs 43,186.64 crore as of 10:21 a.m.
Investors pull their money out from these stocks as the India-Pakistan border tension will likely impact travel and tourism. Jefferies reduced weightage of tourism industry in their portfolio on anticipation of negative impact on tourism.

The NSE Nifty India Defence emerged as the top gainer sectoral index out of 15 on National Stock Exchange amidst growing worries over India-Pakistan border situation. Solar Industries India Ltd. and Hindustan Aeronautics Ltd. top in the Nifty India Defence index.
The NSE Nifty India Defence emerged as the top gainer sectoral index out of 15 on National Stock Exchange amidst growing worries over India-Pakistan border situation. Solar Industries India Ltd. and Hindustan Aeronautics Ltd. top in the Nifty India Defence index.

The market-cap of defence stocks on National Stock Exchange rose Rs 20,652.71 crore to Rs 9.42 lakh crore as of 10:04 a.m.
Ideaforge Technology Ltd. share price was the top gainer. Bharat Dynamics, Paras Defence Space And Space Technologies Ltd. followed Ideaforge Technology in gains.
The NSE Nifty India Defence emerged as the top gainer sectoral index out of 15 on National Stock Exchange amidst growing worries over India-Pakistan border situation. Solar Industries India Ltd. and Hindustan Aeronautics Ltd. top in the Nifty India Defence index.
The NSE Nifty India Defence emerged as the top gainer sectoral index out of 15 on National Stock Exchange amidst growing worries over India-Pakistan border situation. Solar Industries India Ltd. and Hindustan Aeronautics Ltd. top in the Nifty India Defence index.

The market-cap of defence stocks on National Stock Exchange rose Rs 20,652.71 crore to Rs 9.42 lakh crore as of 10:04 a.m.
Ideaforge Technology Ltd. share price was the top gainer. Bharat Dynamics, Paras Defence Space And Space Technologies Ltd. followed Ideaforge Technology in gains.

On NSE, 13 sectoral indices declined, and two advanced out of 15. The NSE Nifty Realty declined the most, and the NSE Nifty Defence rose the most.
On NSE, 13 sectoral indices declined, and two advanced out of 15. The NSE Nifty Realty declined the most, and the NSE Nifty Defence rose the most.

HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., and ITC Ltd. weighed on the NSE Nifty 50 index.
Larsen & Toubro Ltd., Titan Co. Ltd., Bharat Electronics Ltd., Tata Motors Ltd., and Oil And Natural Gas Corp of India added to the Nifty 50 index.
HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., and ITC Ltd. weighed on the NSE Nifty 50 index.
Larsen & Toubro Ltd., Titan Co. Ltd., Bharat Electronics Ltd., Tata Motors Ltd., and Oil And Natural Gas Corp of India added to the Nifty 50 index.

The NSE India Volatility Index jumped 8.12% to 22.73, the highest level since April 8. It was trading 6.64% higher at 22.4 as of 9:37 a.m.
The NSE India Volatility Index jumped 8.12% to 22.73, the highest level since April 8. It was trading 6.64% higher at 22.4 as of 9:37 a.m.

The NSE Nifty 50 and BSE Sensex opened 1.39% and 1.70% down, respectively Friday as tension between India and Pakistan intensified after Indian officials informed that firing near Line of Control happened early morning. Thursday, Pakistan launched missile attacks on several cities and towns nearing the west and north international border area, which was neutralised by India counterpart.
Track live updates on India-Pakistan tension here.
The Nifty 50 was trading 178.85 points or 0.74% down at 24,094.95, and the Sensex was trading 541.39 points or 0.67% down at 79,793.42 as of 9:30 a.m.
The NSE Nifty 50 and BSE Sensex opened 1.39% and 1.70% down, respectively Friday as tension between India and Pakistan intensified after Indian officials informed that firing near Line of Control happened early morning. Thursday, Pakistan launched missile attacks on several cities and towns nearing the west and north international border area, which was neutralised by India counterpart.
Track live updates on India-Pakistan tension here.
The Nifty 50 was trading 178.85 points or 0.74% down at 24,094.95, and the Sensex was trading 541.39 points or 0.67% down at 79,793.42 as of 9:30 a.m.
At pre-open, the NSE Nifty 50 was trading 1.39% down at 23,935.75, and the BSE Sensex was 1.67% down at 78,992.66.
The yield on the 10-year bond rose 3 basis points to 6.43%
It closed at 6.40% Thursday
Source: Bloomberg
Rupee opened 13 paise weaker at 85.85 against US Dollar
It closed at 85.72 a dollar on Thursday
Source: Bloomberg
Maintain Neutral and cut target price to Rs 3,260 from Rs 3,330
Fourth quarter Review: Solid order inflow, FY26 prospect base of Rs 19 trillion (up ~60% yoy), core margins of 8.5%
FY26 prospect base is up 57% YoY mostly driven by higher international prospects
Macro uncertainty and increasing international mix keeps us Neutral
Bharat Petroleum Corp has awarded contracts for the development of 100 MW windfarm projects, the company said in an exchange filing. The company has issued a Letter of Award to Suzlon Energy for a 50 MW wind project in Madhya Pradesh and another Letter of Award to Integrum Energy Infrastructure for a 50 MW project in Maharashtra. These projects are expected to be completed and commissioned within 2 years.
Fourth quarter thus far: EBITDA +6% YoY; Above Subdued Expectations
FY26E EPS ests down ~2% since start of the quarter
Decent EBITDA growth & ‘beats’ in Commodities (Energy & Materials)
Consumer Disc/Staples have reported in-line mid-teens/low-single-digit EBITDA growth
IT slightly below ests. with mid-single-digit EBITDA growth
Large banks delivered PPOP growth (adj) of ~12% YoY, ahead of expectations
December 2025 NIFTY target: 26k (19x) – ~7% upside
Gold future and spot prices declined for third consecutive session as trade war worries subsided following US-UK trade deal and upcoming US-China negotiation. Investors pull out their money from the safe-haven asset to invest it in more riskier assets.
The Gold future was trading 0.26% down at $3,297.44 an ounce, against Thursday's close of $3,306.00 an ounce. The Bloomberg spot Gold was trading 0.43% down at $3,291.66 an ounce, compared to $3,305.72 an ounce.
Brent futures extended gains to second session Friday as positive development in trade front spurred hopes of demand outlook improvement. The brent crude was trading 0.33% higher at $63.05 a barrel as of 7:58 a.m., against Thursday's close of $62.84 a barrel.
In Thursday's session, July future contract of Brent crude on Intercontinental Exchange rose 2.8%.
Most Asia-Pacific share indices were trading higher Friday morning as US-UK trade deal lit hopes for other countries to negotiate a deal and reduce tariffs. The Nikkei 225 was trading 1.45% higher at 37,256.00 as of 7:48 a.m.
US and Chinese officials are scheduled to meet in the upcoming weekend to negotiate trade terms.
The S&P ASX was 0.46% higher at 8,229.00 as of 7:50 a.m. The Hang Seng was 0.31% higher at 22,819.00, while the KOSPI declined 0.08% to 2,577.4.
US share indices rose Thursday as the country successfully sealed a trade deal with the UK before it begins negotiation with China in the upcoming weekend. President Donald Trump said that, in case, talks go well with China, tariffs will likely be lower.
The S&P 500 rose to the highest level since April 2 briefly during the session, as Bloomberg reported. The S&P 500 ended 0.58% higher at 5,663.94. The Dow Jones Industrial Average and Nasdaq Composite ended 0.62% and 1.07% higher, respectively.
The GIFT Nifty was trading 0.46%, or 111 points higher at 23,996 as of 6:54 a.m. The index level indicates 277 points lower open for the NSE Nifty from Thursday's closing level.
In the late hours of Thursday, India neutralised missile attacks at prominent locations in west and north India near the border, the headquarter of army confirmed. Several cities in North and West India are on high alert.
Indian Navy started operation in the Arabian Sea early Friday, NDTV reported. Track live updates on India-Pakistan border tension here.
Market participants will monitor share prices of Titan Co., Larsen & Toubro Ltd., and Biocon Ltd. as they released their fourth quarter earnings.
In the last hour of Thursday's session, the NSE Nifty 50 and BSE Sensex declined steeply, after the Ministry of Defence said that they negated Pakistan's missile attack on cities near India's western and northern borders.
The Nifty 50 ended 140.60 points, or 0.58% down at 24,273.80, and the Sensex ended 411.97 points, or 0.51% lower at 80,334.81.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.