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Stock market today: Nifty today closed at 23,815 (-1.49%) and Sensex today ended at 76,015 (-1.69%) as crude surged and banks, realty slid.
Jewellery shares fell sharply after PM Modi urged Indians to postpone gold buying for a year, reviving concerns around imports, forex pressure and near-term demand sentiment.
Shyam Metalics & Energy posted strong Q4 FY26 profit and revenue growth, broadly in line with ICICI Securities’ estimates released ahead of the January to March results.
A possible fuel price hike is back in focus as state-run OMCs report under-recoveries above Rs 100,000 crore amid higher crude and frozen pump prices since April 2022.
Sasken Technologies surged 15% on May 11 after Q4 FY26 revenue more than doubled to ₹334.02 crore and net profit rose 144.7% to ₹26.99 crore.
Grindwell Norton shares climbed after Q4 FY26 profit rose 28% YoY, supported by strong sales growth, margin expansion, and higher full-year revenue and earnings.
Emkay Global reiterates a Buy on Ujjivan Small Finance Bank, citing microfinance recovery, higher RoA expectations and a revised target price of Rs 80 from Rs 72.
Affle 3i rose up to 10.5% intraday as management highlighted FY2026 record run-rate, 13 straight QoQ growth periods, and continued AI-led advertising investments.
Niva Bupa reported strong FY25 growth and a sharp profit rise, while flagging 1/n accounting impact and planning high single-digit premium hikes to manage medical inflation.
Tata Consumer Products hit a new high after Q4 FY26 profit rose over 21% and revenue grew 18%, alongside a ₹10 per share dividend recommendation.
Prudent Corporate outlined how SEBI’s TER revisions, GST inclusion, and removal of a 5 bps exit-load benefit could reshape distributor payouts, yields, and industry competition.
Affle 3i shares rose up to 11% after Q4FY26 results showed revenue growth of 20.3% YoY and a steady EBITDA margin around 22.3%.
Canara Bank reported a 9.9% YoY fall in Q4 FY26 profit to Rs 4,505.57 crore despite higher NII, as operating profit and other income weakened and the stock fell sharply.
Hyundai Motor India rose nearly 5% after Q4 FY26 results, as revenue grew and brokerages stayed constructive despite a sharp profit decline and margin pressure.
Bank of Baroda shares rose after Q4FY26 profit and NII growth, but brokerages kept ratings largely unchanged while trimming targets on margin and liquidity concerns.
Shyam Metalics’ Q4 earnings are due on 11 May 2026, with broker estimates, recent sales-volume updates, expansion plans, and dividend details in focus for investors.