Global markets traded positive with strong gains in Asian indices and upbeat futures across US and Europe. FIIs remained net sellers while DIIs bought equities. Precious metals rallied, crude weakened, and several Indian companies reported strong earnings, dividends, project wins and regulatory developments. Key updates and IPO activity stayed focus.
Global Market Futures (as of 06:00 AM IST)
US Market (Futures)
- Nasdaq: +0.44%
- Dow Jones: +0.20%
- S&P 500: +0.23%
European (Futures)
- Ftse 100: +0.25%
- Cac 40-: +0.16%
- Dax : +0.52%
Asian:
- NIKKEI 225: +1.01% (Futures)
- KOSPI: +5.05%
- ASX 200: +0.58%
Gift Nifty (Prev Close): 24200.00 (+0.43%)
Note: Japan markets observe a Trading Holiday today on account of ‘Constitution Day’
FII and DII Trading Activity May 5, 2026 in Cash Market Segment:
FIIs / FPIs: Net Sell of ₹3621.58 crores
DIIs: Net Buy of ₹2602.62 crores
Key Results Today:
Bajaj Auto Limited, Brigade Enterprises Limited, Blue Star Limited, Godrej Consumer Products, Hexaware Technologies, Meesho, One 97 Communications, Shree Cement, Radico Khaitan, Raymond Lifestyle
Commodity Market Updates:
International commodity markets traded mixed today, with precious metals maintaining strong upward momentum while energy commodities weakened. Gold prices surged to 4,620.51, gaining 52.01 points (+1.14%), while XAU/USD traded higher at 4,610.15, up 52.60 points (+1.15%), supported by safe-haven demand and a softer market outlook. Silver also advanced to 74.400, rising 0.819 points (+1.11%). Industrial metals remained firm, with Copper trading at 6.0053, up 0.0166 points (+0.28%), reflecting stable demand expectations. In the energy segment, Crude Oil WTI declined to 101.14, down 1.13 points (-1.10%), while Brent Oil slipped to 108.70, losing 1.73 points (-1.57%). Natural Gas edged lower to 2.772, down 0.25%, amid subdued demand sentiment.
Key Corporate Updates:
Positive:
- Vedanta Resources: Moody’s Ratings upgraded the company’s corporate family rating and senior unsecured rating to Ba3, with a positive outlook, indicating improved credit perception and refinancing confidence.
- Lloyds Metals and Energy: The company reported strong March-quarter consolidated income from operations of ₹59.95 billion and PAT of ₹15.3 billion, approved a final dividend of ₹1 per share, and cleared NCD issuances of up to ₹25 billion and ₹7 billion in tranches through private placement; its unit will also acquire a stake in Lloyds Panguna Metals and Energy in Papua New Guinea, supporting expansion.
- United Breweries: The company reported March-quarter revenue from operations of ₹44.06 billion and profit of ₹1.02 billion, along with a recommended dividend of ₹10 per equity share.
- Ajanta Pharma: Net profit rose to ₹267 crore, up 18.7 percent YoY from ₹225 crore Revenue increased to ₹1,422 crore, up 21.5 percent from ₹1,170 crore EBITDA stood at ₹333 crore, up 12.1 percent from ₹297 crore EBITDA margin declined to 23.4 percent from 25.4 percent.
- Aptech: The company received an order worth ₹99.2 million, adding to business visibility.
- Grasim Industries: NCLAT set aside the CCI order and the ₹3.02 billion penalty against the company, removing a significant regulatory overhang.
- Dishman Carbogen Amcis: The company’s unit successfully completed a GMP inspection by China’s NMPA for its Shanghai site, supporting regulatory credibility and future business prospects.
- Hero MotoCorp: The company reported Q4 revenue from operations of ₹127.97 billion, above the IBES estimate of ₹124 billion, and PAT of ₹14.01 billion, above the estimated ₹13.35 billion; it also recommended a final dividend of ₹75 per share and re-appointed Pawan Munjal as Executive Chairman for five years from October 1, 2026.
- BCPL Railway Infrastructure: The company emerged as the lowest bidder for a project worth ₹62.3 million.
- Coforge: The company delivered 29.2% YoY growth in FY26, expanded EBIT margin by 370 bps to 14.4%, and reported Q4 consolidated revenue from operations of ₹44.50 billion with net profit of ₹6.12 billion.
- PNC Infratech: The company accepted NHAI’s payment offer of ₹2.35 billion under a one-time settlement, improving settlement visibility.
- Alkem Laboratories: The order-in-appeal dropped a tax demand of ₹696.6 million, reducing contingent liability risk.
- Dhruv Consultancy Services: The company was awarded a project with a lumpsum fee of ₹8.5 million.
- Dalmia Bharat Sugar and Industries: The company reported March-quarter consolidated revenue from operations of ₹9.91 billion and net profit of ₹1.04 billion, declared a dividend of ₹1.5 per share, and approved the re-appointment of Gautam Dalmia as Managing Director.
- GE Power India: The company approved agreements with Quality Profiles and will grant OPPL the right to use its Vadodara facility, indicating asset monetisation and operational collaboration.
- Raymond Realty: The company reported March-quarter consolidated revenue from operations of ₹11.57 billion and profit of ₹1.61 billion, along with a dividend of ₹2 per share.
- Niyogin Fintech: The company received in-principle approval from RBI for the scheme involving Niyogin Finserv and iServeU.
- GP Petroleums: The company received an LOA worth ₹740.4 million awarded to its JV company Amron Oil Resources by Indian Oil Corporation.
- Automobile Corporation of Goa: The company reported March-quarter revenue from operations of ₹2.71 billion and profit of ₹213.2 million, and recommended a final dividend of ₹22.50 per share.
- PTC India Financial Services: The company reported March-quarter consolidated profit of ₹455 million.
- Aavas Financiers: The company reported March-quarter revenue from operations of ₹7.15 billion and profit of ₹1.82 billion, and authorised an overall NCD issuance limit of ₹90 billion through private placement.
- Larsen & Toubro: The company reported Q4 consolidated revenue from operations of ₹827.62 billion and net PAT of ₹53.26 billion, recommended a final dividend of ₹38 per share, guided for 10–12% revenue growth and 10–12% order inflow growth in FY27, and appointed P. Ramakrishnan as CFO as R. Shankar Raman will cease to hold the role effective June 30, 2026.
- Shilchar Technologies: The company reported March-quarter revenue from operations of ₹1.52 billion and net profit of ₹283.9 million, and recommended a dividend of ₹12.5 per share.
- Garware Technical Fibres: The board will consider an equity share buyback proposal on May 8, 2026.
- Aadhar Housing Finance: The company reported March-quarter consolidated revenue from operations of ₹9.85 billion and PAT of ₹3.11 billion.
- SJS Enterprises: The company reported March-quarter consolidated revenue from operations of ₹2.6 billion and net profit of ₹484.9 million, and declared a dividend of ₹3.5 per share.
- Tata Power: Bhutan and the World Bank signed $515 million financing agreements for the 1,125 MW Dorjilung hydroelectric project, a positive development for the hydropower ecosystem linked to Tata Power updates.
- Mafatlal Industries: The company reported March-quarter consolidated revenue from operations of ₹8.84 billion and net profit of ₹179.6 million, recommended a final dividend of ₹1.25 per share, and appointed Priyavrata H. Mafatlal as CEO for three years from June 1, 2026.
- Poonawalla Fincorp: The company reported March-quarter consolidated revenue from operations of ₹21.15 billion and net profit of ₹2.55 billion.
- Indian Energy Exchange: Monthly electricity traded volume rose 16.6% YoY to 12,341 MU in April 2026, indicating healthy platform activity.
- UCO Bank: The tax demand was sharply reduced from ₹14.73 billion to ₹48.6 million plus interest and penalty, materially lowering the potential liability.
- GNG Electronics: The company reported March-quarter consolidated revenue from operations of ₹6.52 billion and profit of ₹421.5 million.
- Jammu & Kashmir Bank: The bank reported Q4 interest earned of ₹32.72 billion, net profit of ₹7.98 billion, gross NPA of 2.5%, and provisions and contingencies of ₹502.7 million.
- Premier Explosives: The company received export orders worth ₹336.9 million, strengthening revenue visibility.
- Bharat Electronics: The Defence Ministry signed a ₹14.76 billion contract with the company for ground-based mobile electronic systems for the Indian Army.
- GHCL: The company approved a capital budget of ₹595.2 million for FY 2026–27.
- Sat Kartar Life: The company reported March-quarter consolidated revenue from operations of ₹1.11 billion and profit of ₹98 million.
- Shankara Building Products: The company reported March-quarter consolidated revenue from operations of ₹3.41 billion and net profit of ₹73.5 million.
- Primo Chemicals: The company reported March-quarter consolidated revenue from operations of ₹1.45 billion and net profit of ₹60.7 million.
- LA TIM Metal & Industries: The company reported March-quarter consolidated revenue from operations of ₹1.26 billion and net profit of ₹26.4 million.
- ConnectM / Blue Cloud: Blue Cloud’s board and stockholders approved the acquisition, under which Blue Cloud Softech Solutions will buy ConnectM Technology Solutions for 170 million shares valued at $34.2 million; ConnectM will own 17.3% of Blue Cloud post-issue equity and will divest its India business and logistics land infrastructure asset through the transaction.
- IKS Health / Holyoke Medical Center: Holyoke Medical Center and IKS Health announced a strategic partnership aimed at reducing administrative burden and supporting sustainable growth.
Negative:
- Andhra Paper: The revised estimated production loss at the Kadiam unit due to lockout is 220 MT per day, indicating continued operational disruption.
- Vishnu Chemicals: The temporary shutdown at the Parwada plant has been extended, with operations expected to resume in a week, implying short-term production impact.
- Shoppers Stop: The company reported Q4 consolidated revenue from operations of ₹12.1 billion but posted a consolidated net loss of ₹163.5 million, despite approving an additional investment of up to ₹400 million in Global SS Beauty Brands.
- Urban Company: The company received a tax demand of ₹87 million, creating a regulatory and financial liability.
- SRF: The company approved an indefinite delay of its capital expenditure proposal for the BOPP film facility at Indore, while separately approving enhanced capital outlay of ₹22.85 billion for fourth-generation refrigerant facilities expected to be completed by February 28, 2028.
- Jubilant Ingrevia: The company received an order confirming tax demand of ₹10.2 million and penalty of ₹10.2 million.
- Zee Entertainment: The company has sued cosmetics retailer Nykaa over alleged unauthorised use of copyrighted songs in Instagram promotions and is seeking monetary damages, adding a legal dispute-related development.
- IndiGo: An incident involving a customer’s electronic equipment catching fire was reported on an IndiGo flight from Hyderabad to Chandigarh, and the aircraft will undergo necessary checks before resuming operations.
- Digikore Studios: Rakesh Nikalje resigned as CFO, while Veerappa Bendigeri was appointed as the new CFO, marking a key finance leadership transition.
Neutral:
- Vodafone Idea: Kumar Mangalam Birla was appointed Non-Executive Chairman effective May 5, 2026, Ravinder Takkar was appointed Non-Executive Vice Chairman, and Takkar will step down as Non-Executive Chairman.
- Mahindra and Mahindra: Net profit came in at ₹5,326 crore, down 3.1 percent YoY from ₹5,497 crore Revenue rose to ₹82,762 crore, up 11.3 percent from ₹74,392 crore EBITDA stood at ₹8,610 crore, up 5 percent from ₹8,202 crore EBITDA margin declined to 10.4 percent from 11.0 percent.
- TVS Holdings: The company will consider raising funds through NCDs of up to ₹12.50 billion.
- Aavas Financiers / NCDs: The company authorised a ₹90 billion overall limit for NCD issuance through private placement, supporting future funding flexibility.
- Spandana Sphoorty Financial: The company approved issuance of non-convertible debentures of up to ₹40 billion and reported March-quarter consolidated revenue from operations of ₹2.6 billion with net profit of ₹52.7 million.
- Porwal Auto Components: The company will consider fundraising through preferential issue of convertible warrants and equity shares.
- Muthoot Microfin: SEBI issued an exemption order in the matter involving the company.
Macro, Non-Corporate, Unlisted & Foreign Stocks
1) National Stock Exchange of India: The exchange reported Q4FY26 consolidated total income growth of 22% to ₹53.60 billion and consolidated PAT of ₹28.71 billion.
2) India 10-Year Bond Yield: India’s 10-year benchmark government bond yield ended at 7.0184%, marginally lower than the previous close of 7.0194%.
3) SEBI / Significant Indices: The markets regulator issued updates under the SEBI Index Providers Regulations, 2024, relating to “significant indices.”
4) SEBI / Cybersecurity: SEBI directed market infrastructure institutions and intermediaries to conduct regular vulnerability assessments, security audits, and priority reporting of cyberattacks, vulnerabilities, and malicious activity.
5) SEBI / AI Advisory: SEBI constituted a task force comprising exchanges and depositories to assess emerging threats from AI and issued an advisory on advanced AI tools for vulnerability detection.
6) SEBI / Commodity Derivatives: SEBI proposed extending the benefit of early pay-in to options contracts in the commodity derivatives segment and issued a draft circular clarifying applicability.
7) RBI / SNFA Directions: The Reserve Bank of India issued prudential norms on specified non-financial assets directions.
8) India–EU EV Battery Recycling Initiative: India and the EU launched a major €15.2 million initiative aimed at revolutionising EV battery recycling.
9) India Government / Sugarcane FRP: The Cabinet approved the 2026–27 sugarcane floor price at ₹365 per quintal, with the overall season value stated at ₹1 trillion.
10) India Government / Emergency Credit Guarantee Scheme: The Cabinet approved the Emergency Credit Guarantee Scheme with an outlay of ₹181 billion.
11) India Government / Semiconductor Units: The Cabinet approved semiconductor units of Crystal Matrix at ₹30.68 billion and Suchi Semicon at ₹8.68 billion.
12) India Government / Ship Repair Facility: The Cabinet approved ₹15.70 billion for a ship repair facility at Vadinar.
13) India Government / Cotton Productivity Mission: The Cabinet approved a mission for cotton productivity with an outlay of ₹56.59 billion.
14) CrowdStrike / Quiltworks Coalition: Armadin, Cognizant, HCLTech, Infosys, KPMG, NTT DATA, TCS and Wipro joined CrowdStrike’s Quiltworks Coalition.
15) Capricorn Energy: Waldorf Production UK PLC’s restructuring plan was sanctioned by the court, and Capricorn expects cash proceeds of $4–5 million along with cost recovery in H2 2026.
On-going IPO:
Last Date 06-May
Value 360 Communications Ltd (NSE SME)
Last Date 07-May
Recode Studios Ltd (BSE SME)
Bagmane Prime Office REIT
Upcoming IPO:
08-May to 12-May
Simca Advertising Ltd (NSE SME)
Securities Trading Ex-Dividend on May 6, 2026
Odyssey Technologies Ltd
Securities Under F&O Ban on May 6, 2026
NIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
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