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ABB India shares fell sharply after results and cautious broker notes highlighted margin pressure, weaker profit growth, and valuations that look stretched versus historical averages.
India’s forex reserves fell $7.794 billion to $690.693 billion in the week ended May 1, with RBI data showing a decline in foreign currency assets and gold reserves.
Swiggy shares fell up to 7% after Q4 results, as Instamart’s slower growth and intense quick-commerce competition outweighed a narrower quarterly loss and stronger food delivery margins.
Utkarsh Small Finance Bank shares fell after Q4 FY26 results showed a Rs 188 crore loss, lower NII, but improving NPAs and steady deposits.
Tata Consumer Products reported a 22% rise in Q4 net profit to ₹419 crore and announced a ₹10 dividend, with the stock trading near ₹1,176.
Tata Consumer Products reported double-digit Q4 and FY26 growth, improved EBITDA margin, and a ₹10 final dividend, as investors tracked India volumes and overseas headwinds.
PM Modi urged Indians to conserve fuel and foreign exchange amid Hormuz-linked supply disruption, pitching WFH, public transport, rail freight, and a one-year pause on non-essential gold buying.
Titan and peer jewellery stocks fell up to 12% after PM Modi urged Indians to avoid buying gold for weddings for a year, intensifying demand and import concerns.
Indian equities closed lower amid crude-led inflation worries, a weaker rupee and higher volatility, with banks and cyclicals lagging even as select defensives held up.
Jewellery stocks slid up to 12% after PM Narendra Modi urged Indians to postpone gold buying for weddings for a year, citing forex pressure amid West Asia-linked oil shocks.
Niva Bupa shares rose up to 10% after Q4FY26 profit climbed 67% year-on-year, with higher premium income, improved retail market share, and better service metrics.
Hyundai Motor India reported 9.1% YoY November 2025 sales growth led by exports, while outlining a ₹45,000 crore FY30 roadmap spanning SUVs, hybrids and EVs.
JP Morgan upgraded Titan to Overweight with a ₹5,400 target, citing a strong FY26 exit, jewellery-led growth, and market share gains despite elevated gold prices.
PM Modi’s request to delay wedding gold buying ties into a wider West Asia energy shock that is lifting India’s import bill, widening CAD, and pressuring the rupee.
Niva Bupa Health Insurance shares rose after Q4FY26 profit climbed 67% year-on-year, supported by higher premium income, while the broader market traded lower.
India VIX is at 16.84 on 11 May 2026, after a volatile March spike, keeping traders focused on near-term Nifty risk expectations.