Global markets traded mixed with cautious optimism as US futures edged higher, while Asian indices remained weak. FIIs stayed net sellers despite DII support. Commodities were firm, led by gold and crude. Strong quarterly earnings and dividend announcements from Lupin, Britannia, Dabur, BSE and others boosted sentiment ahead of results
Global Market Futures (as of 06:47 AM IST)
US Market (Futures)
- Nasdaq: +0.32%
- Dow Jones: +0.14%
- S&P 500: +0.20%
European (Futures)
- Ftse 100: +0.21%
- Cac 40-: +0.36%
- Dax : -0.82%
Asian:
- NIKKEI 225: -0.22%
- KOSPI: -0.76%
- Taiwan Weighted Index: +0.07%
- ASX 200: -1.35%
Gift Nifty: 24302.50 (+0.05%)
FII and DII Trading Activity May 7, 2026 in Cash Market Segment:
FIIs / FPIs: Net Sell of ₹340.89 crores
DIIs: Net Buy of ₹441.07 crores
Key Results Today:
State Bank of India, Titan Company, Tata Consumer Products, Swiggy, Hyundai Motor India, Bank of Baroda, ABB India, Multi Commodity Exchange of India, JSW Infrastructure, Kalyan Jewellers India, Oberoi Realty, CreditAccess Grameen, Balkrishna Industries, Niva Bupa Health Insurance Company, Ujjivan Small Finance Bank
Commodity Market Updates
International commodity markets traded mixed with a broadly positive undertone. Gold futures rose 0.24% to 4,722.34, while spot XAU/USD gained 0.57% to 4,713.81, supported by safe-haven buying amid persistent global uncertainty. Silver prices advanced 0.21% to 80.350, reflecting steady investment demand in precious metals. Base metals remained firm, with copper climbing 0.72% to 6.1685 on optimism around industrial activity and supply tightness. In the energy segment, WTI crude oil surged 1.32% to 96.06, driven by supply-side concerns and expectations of stronger fuel demand. However, Brent crude slipped 1.61% to 101.64, indicating regional market divergence. Natural gas prices were largely stable, edging up 0.18% to 2.787 during the session.
Key Corporate Updates:
Positive:
- Lupin: March-quarter consolidated revenue from operations stood at ₹74.75 billion; net profit at ₹14.6 billion; declared dividend of ₹18 per share.
- Britannia Industries: Q4 consolidated net profit stood at ₹6.78 billion versus IBES estimate of ₹6.7 billion; revenue from operations at ₹47.19 billion; declared final dividend of ₹90.50 per share.
- MRF: Net profit: ₹702 crore, up 38% YoY Revenue: ₹8,044 crore, up 14% YoY EBITDA: ₹1,305 crore, up 21.5% YoY EBITDA margin: 16.2% vs 15.2% YoY
- NOCIL: March-quarter consolidated revenue from operations stood at ₹3.3 billion; net profit at ₹170 million; declared dividend of ₹1.50 per share.
- Sundrop Brands: March-quarter consolidated revenue from operations stood at ₹3.87 billion; PAT at ₹98.5 million.
- Dev Information Technology: Received order worth about ₹27.9 million.
- Sandur Manganese and Iron Ores: March-quarter consolidated revenue from operations stood at ₹15.11 billion; net profit at ₹2.36 billion.
- Pace Digitek: Received contracts worth ₹7.02 billion from Damodar Valley Corporation.
- Gandhar Oil Refinery: Received favourable order from Customs Appeal Authority sanctioning refund claim of ₹229.2 million.
- Pidilite Industries: Q4 consolidated revenue from operations stood at ₹35.83 billion; net profit at ₹5.79 billion; recommended dividend of ₹11.50 per share.
- Aditya Birla Lifestyle Brands: March-quarter consolidated revenue from operations stood at ₹21.74 billion; net PAT at ₹545.2 million.
- Vijaya Diagnostic Centre: Acquired MRI, EEG and NCV services business from Medinova Millennium MRI; March-quarter consolidated revenue from operations stood at ₹2.19 billion; profit at ₹479.3 million; recommended final dividend of ₹2 per share.
- Gravita India: To set up copper recycling plant in Gujarat with capex of ₹1.60 billion; March-quarter consolidated revenue from operations stood at ₹11.73 billion; net profit at ₹918.8 million.
- Prudent Corporate Advisory Services: March-quarter consolidated revenue from operations stood at ₹3.61 billion; net profit at ₹591.1 million; declared dividend of ₹3.50 per share.
- K.P. Energy: March-quarter consolidated total income stood at ₹6.34 billion; profit at ₹786.9 million.
- V-Mart Retail: March-quarter revenue from operations stood at ₹9.71 billion; profit at ₹112.8 million; declared dividend of ₹1 per share.
- Savita Oil Technologies: March-quarter consolidated revenue from operations stood at ₹12.24 billion; net PAT at ₹473.4 million; declared dividend of ₹5 per share.
- Kirloskar Ferrous Industries: March-quarter consolidated revenue from operations stood at ₹18.18 billion; net profit at ₹1.23 billion; to seek member approval for fund raising up to ₹10 billion via NCDs.
- South Indian Bank: RBI approved Kotak Mahindra Bank to acquire up to 9.99% stake in the bank.
- City Union Bank: RBI approved Kotak Mahindra Bank to acquire up to 9.99% stake in the bank.
- Jammu & Kashmir Bank: RBI approved Kotak Mahindra Bank to acquire aggregate holding up to 9.99% in the bank.
- CCL Products: March-quarter consolidated revenue from operations stood at ₹12.24 billion; net profit at ₹1.15 billion; declared dividend of ₹3 per share.
- Thyrocare Technologies: March-quarter consolidated revenue from operations stood at ₹2.24 billion; net profit at ₹471.2 million; declared dividend of ₹7 per share; re-appointed Rahul Franklin Guha as MD & CEO.
- Thermax: March-quarter consolidated revenue from operations stood at ₹34.28 billion; net profit at ₹2.44 billion; declared dividend of ₹14 per share.
- BSE: March-quarter consolidated revenue from operations stood at ₹15.64 billion; net profit at ₹7.97 billion; declared dividend of ₹10 per share.
- Sonata Software: March-quarter consolidated revenue from operations stood at ₹25.36 billion; net profit at ₹1.31 billion; declared dividend of ₹4.15 per share.
- Innomet Advanced Materials: Named co-principal investigator for DRDO grant-in-aid project with sanctioned outlay of ₹87.3 million and project duration of three years; also received purchase order worth US$225,540.
- Emami: Executed agreement to acquire stake in IncNut Digital.
- Krystal Integrated Services: March-quarter consolidated revenue from operations stood at ₹3.65 billion; net profit at ₹188.5 million; recommended final dividend of ₹1.50 per share; re-appointed Neeta Prasad Lad as MD and Sanjay Suryakant Dighe as CEO for three years.
- Kennametal India: March-quarter revenue from operations stood at ₹4.03 billion; net profit at ₹514 million; declared dividend of ₹40 per share.
- Innova Captab: March-quarter consolidated revenue from operations stood at ₹4.48 billion; profit at ₹380.8 million.
- Maral Overseas: March-quarter revenue from operations stood at ₹2.58 billion; profit from continuing operations at ₹133.1 million.
- Dabur India: Q4 consolidated revenue from operations stood at ₹30.38 billion versus IBES estimate of ₹29.84 billion; net profit at ₹3.69 billion versus IBES estimate of ₹3.6 billion; underlying volume growth at 6%; declared dividend of ₹5.50 per share.
- PNC Infratech: Declared L1 bidder for EPC project in Lucknow worth ₹1.94 billion.
- Globus Spirits: March-quarter consolidated revenue from operations stood at ₹8.51 billion; net profit at ₹213.4 million; recommended dividend of ₹6.53 per share for FY25-26.
- Deep Industries: Received 30-month contract extension from Antelopus Selan Energy valued at US$8.28 million.
- Westlife Foodworld: On track to achieve target of 580-630 restaurants by 2027; targeting addition of more than 60 restaurants in FY27.
- Sirca Paints India: March-quarter consolidated revenue from operations stood at ₹1.34 billion; net profit at ₹176.8 million; declared dividend of ₹2 per share.
- Mahanagar Gas: Q4 revenue from operations stood at ₹22.58 billion; PAT at ₹1.32 billion; declared dividend of ₹18 per share.
- Goa Carbon: March-quarter sale of products stood at ₹2.01 billion; net PAT at ₹44.9 million.
- Suryoday Small Finance Bank: March-quarter interest earned stood at ₹6.02 billion; net profit at ₹497.2 million; provisions and contingencies at ₹413.2 million; gross NPA at 6.55%; declared dividend of ₹1.50 per share.
- Manaksia Aluminium: March-quarter revenue from operations stood at ₹1.56 billion; net PAT at ₹32.4 million.
- Arvind: Arvind Advanced Materials US BOCO LLC merged with Dalco GF Technologies LLC; merger cash consideration at US$85.40 million.
- Credila Financial Services: March-quarter total revenue from operations stood at ₹15.85 billion; net PAT at ₹3.55 billion.
Negative:
- Bombay Dyeing and Manufacturing: SEBI challenged Securities Appellate Tribunal order that was in Company's favour, dated January 16, 2026.
- Punjab & Sind Bank: Received notice of all-India strike by PSB Officers Union on May 8, 2026.
- IIFL Capital Services: Received tax demand of ₹680.7 million.
- JTEKT India: Additions of ₹313.67 million made to assessment order; demand notice of ₹137.36 million issued.
- Ramky Infrastructure: Received notice calling for information for FY2014-15 to FY2021-22.
- Panorama Studios International: Impact on company data and operations is being evaluated following a Third Part Cybersecurity breach; remaining recoverable data migrated to new server environment.
Neutral
- SBI: To consider long-term fund raising of up to US$2 billion via fixed/floating rate Reg-S/144A bonds in USD or other foreign currency in FY26-27, in single or multiple tranches
- Virtuoso Optoelectronics: Approved fund raising up to ₹2.50 billion.
- Zee Entertainment: Initiated litigation against JioStar India for alleged unauthorized use of copyrighted sound recordings; claimed damages of about ₹287.5 million.
- PVV Infra: To consider fund raise via preferential issue of equity shares or warrants.
- UCO Bank: Kept one-year MCLR unchanged.
- BSE: To conduct mock trading on May 9 for equity, equity derivatives, commodity derivatives and currency derivatives.
- Raj Oil Mills: Board to consider fund raising proposal via issuance of securities.
- NTPC: Signed agreement with Municipal Corporation of Delhi and NTPC EDMC Waste Solutions for termination of joint venture agreement.
- Phoenix Mills: Shareholding in Mirabel diluted from 50.00% to 35.49%.
- Indus Infra Trust: To consider fund raising via commercial papers up to ₹10 billion.
- PIL Italica Lifestyle: Re-appointed Daud Ali as Managing Director for three years from April 2027.
Macro, Non-Corporate, Unlisted & Foreign Stocks
1) RBI: Imposed monetary penalty on Himachal Pradesh Gramin Bank, Mandi.
2) RBI: Imposed monetary penalty on Youth Development Co-operative Bank Ltd., Kolhapur, Maharashtra.
3) SEBI (India Markets Regulator): Announced discontinuation of Investor Risk Reduction Access platform.
4) SEBI (India Markets Regulator): Issued settlement order in the matter of Indiabulls Real Estate.
5) UAE / Oil Tankers: UAE reportedly moved hidden oil tankers through the Strait of Hormuz amid pressure to sell.
Bulk and Block Deals
Mitshi India:
Krishna Dharmeshkumar Golwala bought 1.55 lakh shares of Mitshi at ₹16.02 per share. The seller was Mitesh Kumar Shah who sold 1.40 lakh shares (1.6 percent) at ₹16.02 per share. Prior to the sale, Shah owned 1.7 percent stake.
Hilltone Software and Gases:
Vijay Dadubhai Jebaliya bought 1.86 lakh shares (1.41 percent) of Hilltone Software and Gases at ₹48.41 per share.
Aqylon Nexus:
Promoter Kurjibhai Premjibhai Rupareliya sold 25.01 lakh shares (1.02 percent) of Aqylon at ₹51.10 per share. Prior to the sale, he owned around 58 percent stake.
Arman Holdings:
Arun Damji Gada sold 27,743 shares (0.53 percent) at ₹103.47 per share. Rajiv Dalsukh Bauva bought 29,786 shares (0.57 percent) at ₹105.50 per share.
Simandhar Impex:
Neepa Ankit Shah sold 28,824 shares (0.94 percent) at ₹149 per share. Ankit Harshad Shah also sold 27,240 shares (0.89 percent) at ₹149 per share. The buyer was Rakesh Maganlal Madia who bought 40,100 shares of Simandhar at ₹149 per share.
Fabtech Technologies:
Yash Hitesh Patel sold 99,200 shares (0.81 percent) at ₹306.75 per share. Rajesh Devji Karani HUF bought 80,800 shares at ₹307 per share.
Shankara Buildpro:
Turnaround Opportunities Fund bought 1.50 lakh shares (0.62 percent) at ₹1,135 per share.
Milton Industries:
Patanjali Agro India Private Limited bought 1.78 lakh shares (1.05 percent) at ₹49.85 per share, while Ummeattiya Qureshi sold 1.76 lakh shares at the same price.
Silgo Retail:
Lata Jayant Shah bought 3.16 lakh shares (1.1.2 percent) of Silgo Retail Limited at ₹79.39 per share.
Updater Services:
Bandhan Mutual Fund bought 3.80 lakh shares (0.57 percent) of Updater Services at ₹162.71 per share.
Kotyark Industries:
Promoter Bhaviniben Gaurang Shah sold 76,700 shares (0.75 percent) at ₹405.18 per share. On May 6, he had sold 72,000 shares (0.70 percent).
Raymond Realty:
Subhashchandra Laxmichand Gandhi sold 4.19 lakh shares (1.03 percent) of Raymond Realty Limited at ₹632.78 per share. The buyer was Elixir Wealth Management, which picked up 7.62 lakh shares (1.15 percent).
On-going IPO:
Last Date 12-May
-Simca Advertising Ltd (NSE SME)
Upcoming IPO:
NiL
Securities Trading Ex-Dividend on May 8, 2026
Central Bank of India, KSB Ltd, Laurus Labs Ltd, National Aluminium Company Ltd, Omax Autos Ltd, Premier Energies Ltd, Quess Corp Ltd, Ramkrishna Forgings Ltd, SNL Bearings Ltd, Somany Ceramics Ltd, Sundram Fasteners Ltd
Securities Trading Ex-Bonus Issue on May 8, 2026
Alka India Ltd (6:1)
Securities Trading Ex-Interest Payment on May 8, 2026
761GS2030 (Government Securities), 824GS2033 (Government Securities)
Securities Under F&O Ban on May 8, 2026
NIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
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