Paytm abandons NBFC licence plans and decides to focus more on partnerships and growing payment market opportunities

Charge sheet filed in connection with the financial fraud case involving HDFC Bank in Shopian, Jammu and Kashmir highlights the bank employees’ misconducts

The PIB Fact Check unit clarified that a video of Finance Minister Nirmala Sitharaman endorsing an investment platform is fake and was created using AI. It also warned against online investment scams.

Brigade Enterprises approved a 1:3 bonus share issue alongside its Q4 FY26 results and final dividend announcement. Despite the corporate action, weak quarterly earnings pressured the stock, which fell nearly 5%. The company reported lower profit and revenue, while maintaining strong long-term shareholder returns and broad investor participation.

Muthoot Microfin defied industry decline, growing assets by over 13%. The company improved its loan repayment rates and reduced bad loans. New individual loan products are performing exceptionally well. Sadaf Sayeed, CEO of Muthoot Microfin anticipates further margin expansion and improved profitability in the coming years, signaling a strong recovery.

M&M, ICICI Bank, Reliance Industries, L&T and NTPC supported the Nifty 50. Hindustan Unilever, Titan, TCS, Sun Pharma and Bajaj Finserv were among the main drags on the index.

Despite Mohsin Naqvi’s ambition of turning the PSL into the world’s top T20 league, the Pakistan Cricket Board is now caught in a widening financial crisis driven by unpaid broadcast dues, central-pool disputes, and mounting franchise obligations.

BSE, MGL, Britannia and IGL are among the companies to report Q4 earnings today.

A woman from the US who have been living in Bengaluru, talked about the rental problems in the city. From hefty security deposits to annual increase in rent, she explained why the same practices would be legal in her home country.

Amazon confirmed that the Amazon MX Player Android app will continue operating for free users, but with a rebranded Prime Video identity and interface.

The BJP, which is the single largest party in the 243-member assembly with 89 MLAs, has 15 ministers, who took oath on Thursday.

Spider-Man: Brand New Day also features Jon Bernthal as Frank Castle (The Punisher). Although he did not appear in Daredevil: Born Again Season 2, his absence is expected to be explained in his upcoming solo project, Punisher: One Last Kill.

Despite continued buying by mutual funds and retail investors over two quarters, several stocks have delivered weak returns, with many falling over 25% in six months. The data highlights that institutional accumulation does not always translate into near-term gains, even as a few stocks posted strong upside.

Craftsman Automation announced fourth quarter results on Thursday, May 7.

Tejas Networks shares advanced 19.8% intraday to Rs 554.95 apiece on Thursday, May 7.

MRF announced a final dividend of Rs 229 per share for FY26, taking the total payout to Rs 235 per share. The company reported strong Q4 earnings with a 37% rise in net profit and double-digit revenue growth, supported by improved margins and stable cost performance during the quarter.

The coming hours will witness a breakthrough regarding the status of ships stranded in the Strait of Hormuz, said report.

Brent crude oil benchmark fell over 2% to $99.15 per barrel after inching gains above $102 earlier today, while West Texas Intermediate hovered near $94, dropping from $96 per barrel.

According to the 15-page election affidavit filed by Vijay ahead of Assembly polls, and archived by the Association of Democratic Reforms (ADR), this is what his investments look like:

Vardhman Textilesalso announced a dividend and two significant leadership appointments at its board meeting held on May 7, 2026.

Bharat Forge Ltd reported a 17.5% decline in net profit to Rs 233 crore for Q1 FY26 despite a 17.5% rise in revenue to Rs 4,528 crore year-on-year.

Fees for the Kailash Mansarovar Yatra are up by 20% to Rs 2.09 lakh this year due to currency fluctuations. The pilgrimage via Lipulekh Pass starts on July 4, with a total of 10 batches, comprising 50 pilgrims in each batch

The recovery extended to the broader indices as well, with Nifty Smallcap 250 gaining by over 0.99%, while the Midcap 150 rose 1.05%.

Easily recover EPFO PPO number online through simple steps using the EPFO portal to ensure smooth pension payments, uninterrupted benefits and quick access to pension records.

Tejas Networks shares advanced 19.8% intraday to Rs 554.95 apiece on Thursday, May 7.

MRF Q4 profit rose to Rs 680 crore in the three months ending March from Rs 498 crore a year earlier.

Instagram frequently carries out such actions to improve authenticity and genuine user count on the platform.

The legal challenge comes amid wider governance questions across the Tata Trusts network relating to trustee appointments, board procedures and compliance with trust deeds.

2026 Maruti Suzuki Brezza is expected to feature a tank mounted beneath the vehicle, which could help create additional luggage room inside the cabin.

Former Punjab pacer Amanpreet Singh Gill, who represented India at the U-19 level and featured in the IPL for Kings XI Punjab, passed away in Chandigarh at the age of 36.

Market experts share their insights and technical levels for Star Health, Bharat Forge, BHEL and other key stocks.

BSE, MGL, Britannia and IGL are among the companies to report Q4 earnings today.

M&M, ICICI Bank, Reliance Industries, L&T and NTPC supported the Nifty 50. Hindustan Unilever, Titan, TCS, Sun Pharma and Bajaj Finserv were among the main drags on the index.

Understandings have been reached regarding easing the US blockade in exchange for a gradual reopening of the Strait of Hormuz, Al Arabiya reports citing sources.

The release of the financial results came within hours of the inadvertent disclosure.

In a post on social media, Trump said Iran fired shots at the Korean-operated ship and other targets as the US launched its operation to open the strait. The allegation drew a swift and emphatic denial from Tehran.

A rift is emerging within the Tata conglomerate. Noel Tata opposes listing the parent firm, Tata Sons, despite upcoming Reserve Bank of India regulations. Two trustees will propose a public listing at an upcoming board meeting. This move aims to bring transparency and rigor. The Shapoorji Pallonji Group, a minority shareholder, stands to benefit from a listing.

Financial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, according to Mark Matthews. He highlights extraordinary earnings, particularly in tech, fueling market highs despite Middle East uncertainty. Matthews also sees India as attractive due to improving valuations and continued FII buying.

Bottom-placed Lucknow Super Giants need to win all their remaining matches to stay alive in the playoff race, while second-placed Royal Challengers Bengaluru are closing in on qualification with 12 points from nine games.

CarTrade Tech reported a 54% year-on-year jump in Q4FY26 consolidated net profit to Rs 64.6 crore, while revenue from operations rose nearly 20% to Rs 203.1 crore. The strong earnings performance lifted the company’s shares by 8%.

When asked where they would deploy fresh capital, 43% of investors chose Indian equities — a preference that outweighs all other asset classes combined.

Retail-focused NBFC InCred Holdings has filed updated draft papers with Sebi for its proposed IPO, aiming for a valuation of around Rs 15,000 crore. The issue size is estimated at Rs 3,000-4,000 crore, comprising a fresh issue and an Offer For Sale by existing shareholders. The company plans to launch when market conditions are suitable.

Bajaj Auto announced its largest-ever share buyback worth Rs 5,633 crore, offering to repurchase up to 46.94 lakh shares at Rs 12,000 apiece — a premium of over 16% to the previous closing price. The buyback, representing 1.68% of the company’s paid-up equity capital.

Bajaj Auto announced its largest-ever share buyback worth Rs 5,633 crore, offering to repurchase up to 46.94 lakh shares at Rs 12,000 apiece — a premium of over 16% to the previous closing price. The buyback, representing 1.68% of the company’s paid-up equity capital.

Samsung logged record first-quarter profit last week, with the announcement coming as the South Korean government pushes to break into the world’s top three AI powers

Among the three kitchen staples—Tomato, Onion, and Potato (TOP)—the Consumer Price Index is expected to rise. Tomato, for instance, became 35.8% pricier in April 2026 compared to the same month last fiscal year.

NSE’s Electronic Gold Receipts (EGRs) offer investors a regulated and fully digital way to own and trade physical gold without storage or purity concerns. Backed by SEBI-regulated vaults, EGRs aim to make gold investing more transparent, accessible and standardised while integrating the yellow metal more closely with India’s capital markets.

NSE’s Electronic Gold Receipts (EGRs) offer investors a regulated and fully digital way to own and trade physical gold without storage or purity concerns. Backed by SEBI-regulated vaults, EGRs aim to make gold investing more transparent, accessible and standardised while integrating the yellow metal more closely with India’s capital markets.

NSE’s Electronic Gold Receipts (EGRs) offer investors a regulated and fully digital way to own and trade physical gold without storage or purity concerns. Backed by SEBI-regulated vaults, EGRs aim to make gold investing more transparent, accessible and standardised while integrating the yellow metal more closely with India’s capital markets.

Embassy Developments shares surged 51% in three days after the NCLAT overturned an earlier order admitting the company into insolvency proceedings. The rally added over Rs 3,293 crore to its market value, taking its market capitalisation close to Rs 9,730 crore.

Major tax overhaul streamlines compliance as Income Tax Rules 2026 transform key forms, merging TDS, PAN and AIS systems to simplify filing and improve accuracy nationwide

Bottom-placed Lucknow Super Giants host second-placed Royal Challengers Bengaluru in a crucial IPL 2026 clash with vastly contrasting playoff equations.

One year on, a look at how Operation Sindoor unfolded — from the Pahalgam attack to ceasefire.

Across industries, AI is becoming central to how businesses create value. Our research has found today AI supports about 23% of business tasks. In two years, that is expected to rise to 41%.

​Arm Holdings rallied after strong quarterly earnings and upbeat guidance highlighted growing demand for its AI-focused chip designs and next-generation data centre CPU platforms.​

Space analytics firm HawkEye 360 raised $416 million in its U.S. IPO after pricing shares at $26 each, the top end of its target range, valuing the company at around $2.42 billion. The strong debut highlights rising investor appetite for defense and space-tech firms amid improving IPO market momentum.

Many supporters, travelling from various parts of the state, near and far, like Arumbakkam and Coimbatore, expressed deep disappointment and confusion upon finding the premises closed and without official communication.

Retirees are turning skills, hobbies and decades of experience into new income streams—from homestays and startups to care homes and social ventures.

Global markets are ignoring geopolitical tensions, focusing instead on robust corporate earnings and the excitement around artificial intelligence. Investor sentiment is positive on Wall Street and in parts of Asia. Strong financial sector performance and gains in technology companies are driving this optimism. This trend suggests a market prioritizing growth over immediate global risks.

Over 8,27,000 students took the Tamil Nadu Class 12 exams, held between March 2 and March 26. The results were slated to be announced on May 8, but have been postponed amid a political transition in the state

BSE, MGL, Britannia and IGL are among the companies to report Q4 earnings today.

Brent crude, the global oil benchmark, traded 0.77% higher at $102 per barrel.

Hero MotoCorp shares surged nearly 4% after Jefferies upgraded the stock to ‘Hold’ following strong Q4FY26 earnings. The company reported a 30% rise in net profit and announced a total FY26 dividend of Rs 185 per share. Brokerages remained divided on the stock’s outlook amid improving demand and margin concerns.

At the interbank foreign exchange market, the rupee opened at 94.77 against the U.S. dollar, registering a fall of 28 paise over its previous close

US President Trump asserts the US will prevent Iran from acquiring nuclear weapons and is ready to use overwhelming force if needed.

This was confirmed by the management of Paytm during the earnings concall on Thursday, a day after the company reported its fourth quarter earnings for the financial year ending March 2026.

On Thursday, shares of Meesho opened at Rs 205, over 4% higher than 196.28 apiece on the NSE. The stock has gained nearly 4% so far to hit an intraday high of Rs 211.34 apiece on the NSE.

HFCL shares extended their sharp rally for a fifth straight session after strong Q4FY26 earnings and fresh telecom orders boosted investor sentiment. The stock has nearly doubled in a month amid improving profitability, strong revenue growth and momentum buying, though technical indicators suggest the counter may be entering overbought territory.

Bitcoin surged to $82,700 on optimism surrounding a US-Iran deal, which eased energy market concerns. However, it retreated to $80,000 as doubts emerged. Analysts note strong spot demand and institutional support, with Bitcoin dominance rising. Key levels to watch include $80,500 and a CME gap near $93,000.

MCX has informed the exchanges that it will hold an analyst and investor conference call next week.

The deal gives the IPO-bound SpaceX a marquee customer as it looks to sell ‌investors on its AI ambitions, while helping Anthropic ease capacity constraints

For the full year FY2026, the company recorded revenue growth of approximately 42% on a consolidated basis as compared to the prior year.

Anthropic announced wider availability for other features ⁠as well, such as one for its AI agent to ‌break down and delegate tasks to other, specialist agents

Bajaj Auto shares rose over 3% after the company posted its highest-ever quarterly profit of Rs 2,746 crore for Q4FY26, up 34% year-on-year, prompting bullish brokerage commentary. Revenue from operations climbed 32% to Rs 16,006 crore, while EBITDA rose 36% with margins expanding to 20.8%. The stock traded at Rs 10,656 on the NSE in Thursday trade.

HDFC Bank, Reliance Industries, TCS, Power Grid and Hindustan Unilever weighed on the Nifty 50, while M&M, Bajaj Auto, Eternal, UltraTech Cement and Axis Bank supported the index.

Whirlpool shares plunged nearly 17% after the appliance maker cut its 2026 outlook, suspended dividends, and warned of further price hikes. Weak consumer demand, rising inflationary pressures, tariff uncertainty, and slowing housing activity continue to weigh on the company’s performance, while analysts remain cautious about the timing of any recovery.

Overall, HDFC Securities prefers Bajaj Auto, Hero MotoCorp, PB Fintech and Birlasoft as top picks, while advising a selective and cautious approach in other stocks amid cost pressures and macro uncertainties.

Godrej Consumer Products shares dropped nearly 6% on Thursday despite reporting a 9.7% YoY rise in Q4 net profit and double-digit revenue growth. Brokerages remained positive on the stock, citing strong domestic volume growth, improving Indonesia business trends, and margin guidance for FY27, while warning of near-term input cost pressures and demand risks.

For the full year FY2026, the company recorded revenue growth of approximately 42% on a consolidated basis as compared to the prior year.

SBI is expected to report a subdued March quarter as treasury losses likely offset stable loan growth and resilient margins. Brokerages expect modest profit growth, steady asset quality and stable credit costs, while investors will closely track management commentary on margins, deposits, loan growth and the impact of a lower interest-rate environment.

What looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern after election results triggered expensive welfare promises. Economists estimate these poll pledges could impose a Rs 1.69 lakh crore burden on already stretched state finances.

The sharp drawdown in KEI Industries also comes on the back of Morgan Stanley recently downgrading the stock.

Investors have a final opportunity today to purchase shares of 10 companies before they go ex-record date for dividends tomorrow, May 8. Notable companies include Central Bank of India, Laurus Labs, NALCO, and Premier Energies, with dividend payouts varying across the listed firms.

The benchmark Japanese index rose as much as 5.7% to 62,931 during trade. The broader Topix index rose 1.91%.

TDS on rent applies when payments exceed Rs 50,000 a month or Rs 6 lakh annually, with rates and rules varying based on asset type and taxpayer category.

Polycab India shares jumped 6% to Rs 8,938.70 after the company posted stronger-than-expected Q4 results, triggering a wave of target price hikes by brokerages. Consolidated revenue rose 27% YoY, while EBITDA grew 13%. Analysts said the performance stood out despite geopolitical disruptions, weak March demand and channel destocking, with Citi setting the Street-high target at Rs 10,500.

Shree Cement shares rose nearly 4% despite an 8% dip in Q4 FY26 net profit to Rs 526 crore. Revenue, however, climbed 10% to Rs 6,1010 crore, with sales volumes showing significant year-on-year and quarter-on-quarter growth. Brokerages remain bullish, citing strong volume growth and dividend payouts.

Meesho shares surged after the e-commerce platform posted an 88% YoY drop in Q4 losses to Rs 166 crore, while revenue jumped 47% to Rs 3,531 crore. The company also reported a 43% rise in gross merchandise value to Rs 11,371 crore and a similar increase in orders to 717 million, driven by strong user growth and engagement.

The Rs 10,000 SIP approximately doubles the corpus at every stage because both your principal and the returns on that larger principal compound over time.

MCX gold June futures contract was 0.37% up trading at Rs 1,52,669 per 10 grams, while the MCX silver July futures rose 1.19% to Rs 2,56,275 per kg.

Some Indian penny stocks have delivered exceptional returns. At least 18 companies, once trading below Rs 20, have grown to market capitalizations between Rs 3,000 crore and Rs 12,000 crore. This transformation occurred over the last five years. Sectoral tailwinds and improved business fundamentals fueled this growth.

Some Indian penny stocks have delivered exceptional returns. At least 18 companies, once trading below Rs 20, have grown to market capitalizations between Rs 3,000 crore and Rs 12,000 crore. This transformation occurred over the last five years. Sectoral tailwinds and improved business fundamentals fueled this growth.

Indian stock markets surged on Thursday, with Sensex and Nifty extending gains for a second day. This rise was fueled by optimism over a potential de-escalation of US-Iran conflict, leading to a broad-based rally across midcap and smallcap indices. PSU Bank stocks led the sectoral gains.

Indian stock markets surged on Thursday, with Sensex and Nifty extending gains for a second day. This rise was fueled by optimism over a potential de-escalation of US-Iran conflict, leading to a broad-based rally across midcap and smallcap indices. PSU Bank stocks led the sectoral gains.

Designating nominees ensures that your dependents can access the accumulated corpus and interest in your PF account, as well as any insurance cover linked to it.

With disciplined spending and consistent saving, it is possible to build a Rs 10-lakh corpus and an emergency fund with a salary of Rs 50,000

Morgan Stanley maintained an underweight rating on Shree Cement, highlighting volume growth and improved realizations but warning of cost risks from the Middle East conflict.

Urban Company, which made its market debut in September last year, is geared up to share its Q4FY26 results soon.

Federal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oil prices and supply chain disruptions are now seen as persistent threats, potentially leading to further interest rate hikes and extended periods of high inflation.

Of the 22 analysts tracking this stock, Paytm has 16 buy calls, five hold calls, and only one sell call, as per Bloomberg data.

Governance issues have intensified in recent months at Tata Trusts following objections related to reappointment procedures and the validity of resolutions passed by certain trusts.

TVK emerged as the single largest party in the historic Monday results, winning 108 seats and ending a 59-year streak of Dravidian party dominance in the state.

The outbreak has triggered a cross-border response as authorities coordinate evacuations, screening and repatriation across several countries.

1.1 crore MSME accounts will see an average additional credit flow of ₹2 to 2.3 lakh, ECLGS to particularly benefit aviation sector

Gold and silver prices rose on MCX on Thursday, aided by a weaker dollar and optimism over a potential US-Iran peace deal. Iran said it is reviewing a US proposal to end the conflict, though key issues around its nuclear programme and the Strait of Hormuz remain unresolved.

The US Treasury will maintain stable auction sizes for notes and bonds for at least the next several quarters, opting for a cautious borrowing approach amid market volatility. This decision, part of the quarterly refunding plan, aims to avoid further pressure on the bond market.

This was confirmed by the management of Paytm during the earnings concall on Thursday, a day after the company reported its fourth quarter earnings for the financial year ending March 2026.

Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.

He also Sridhar Vembu predicted that actor-turned-politician Vijay would sweep back with a super majority if a free and fair re-election is held.

While Bajaj Auto has been able to post healthy performance in this adverse macro thus far, there are multiple headwinds to navigate, highlights Motilal Oswal.

A special court in Ratnagiri acquitted former Maharashtra minister Anil Parab and others of illegal resort construction and tax irregularity charges due to insufficient prosecution evidence.

PB Fintech reported a 54% year-on-year rise in March-quarter net profit to Rs 261 crore, driven by strong insurance premium growth and improved margins. Revenue climbed 36%, while lending disbursals and renewal income also increased. The company’s agent network expanded significantly, supporting continued momentum across insurance and credit distribution businesses.

Six stocks in the NSE F&O segment recorded a sharp rise in futures open interest on May 6, signalling increased trader participation and fresh positioning. Larsen & Toubro, HDFC Life Insurance, Amber Enterprises, Nippon Life India Asset Management, Coforge and Godfrey Phillips India saw open interest rise over 10%.

Paytm announced quarterly results for fiscal 2025-26 on Wednesday, May 6.

Six stocks from the Nifty500 universe appeared in the White Marubozu bullish scan on May 6 after gaining over 5%. The candlestick pattern reflected strong buying interest throughout the session, signalling improving momentum, positive sentiment, and potential near-term upside as traders monitor continuation patterns for possible buying opportunities in select counters.

The DMK has reportedly started backchannel talks with its long-time rival AIADMK.

Seven stocks from the Nifty50 universe were flagged in the RSI Trending Up scan on May 6 after gaining momentum. The indicator turned positive as RSI crossed above 50 from lower levels, signalling strengthening price momentum, improving sentiment, and potential short-term buying opportunities for traders tracking bullish technical indicators.

Hyundai Motor India will announce its Q4FY26 and annual financial results on May 8, including potential final dividend recommendations.

The automaker announces a ₹5,633 crore share buyback at ₹12,000 per share

According to government data, over 8.4 lakh electric vehicles were registered in 2023 alone, and the number is expected to grow.

The remarks come as back-channel diplomacy has quietly intensified. Iran recently sent an updated peace proposal to mediators in Pakistan, raising hopes that a settlement is still possible.

Indraprastha Gas, Bharat Forge, ACME Solar Holdings, Karur Vysya Bank and CarTrade Tech are among the key firms that will declare quarterly results today.

The auto giant posted a bottom-line of Rs 2,746 crore compared to Rs 2,049 crore in the year-ago period. Revenue from operations grew 31.8% to Rs 16,005.65 crore from Rs 12,147.97 crore.

Delhi-NCR and several parts of India are likely to witness thunderstorms, rain and gusty winds over the next few days, while the IMD has also warned of heatwave conditions in West Rajasthan and rising temperatures across northwest India.

Vembu suggests BJP should contest alone in Tamil Nadu despite potential zero seats, calling for a fresh start while TVK leads with 108 seats, short of majority.

Anthropic plans to access more than 300 megawatts of computing capacity from a large SpaceX data center in Memphis known as Colossus 1, the companies said on Wednesday.

Oil prices rebounded on Thursday, recovering from a significant prior fall as investors assessed mixed signals regarding Iran-U.S. relations. While reports suggested a potential agreement to end the conflict, President Trump issued a stark warning of intensified bombing if Iran rejects a peace deal, highlighting the precarious state of negotiations.

He also Sridhar Vembu predicted that actor-turned-politician Vijay would sweep back with a super majority if a free and fair re-election is held.

HDFC Bank submitted the application to the RBI on Jan. 23, 2026, on behalf of its group entities after aggregate holdings were expected to exceed the 5% limit prescribed under the new framework.

The move to sell a hodgepodge of items - on eBay, of course, has already racked up scores of bids totaling tens of thousands of dollars, including $7,500 for the socks.

A social media user who works at Google shared his monthly expenses, including rent, utility bills, travel costs, groceries and more. Reacting to it, some called it even more expensive than the cost of living in London.

Check gold, silver prices in Mumbai, Bengaluru, Chennai, Hyderabad, Delhi, Kolkata and other cities on May 7.

Though the company has built AI software geared toward enterprise users, it has made strides with consumers in recent months, buoyed by the viral success of two of its products for helping people streamline tasks.

Chandigarh Administration advises setting air conditioners to 24 to 25 degrees Celsius in public buildings to enhance energy efficiency and support sustainable resource management.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Oil prices saw a rebound on Thursday after sharp losses. Investors are closely watching the Middle East peace deal. Even if an agreement is reached, oil supplies are expected to remain tight. This is due to the time needed for shipments to resume. U.S. crude and fuel inventories continue to decline. Peak summer demand is also a factor.

Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.

Shree Cement remains well-positioned with strong volume growth and ongoing capacity expansion, though near-term margins may stay under pressure due to elevated costs, says Systematix.

Top picks include a consensus buy on Ashok Leyland, alongside Delhivery, Godfrey Phillips, Ramkrishna Forgings, and Canara Bank.

Brent crude traded above $102 a barrel, while West Texas Intermediate hovered near $96, recovering some ground after both benchmarks plunged nearly 8% in the previous session.

US President Trump asserts the US will prevent Iran from acquiring nuclear weapons and is ready to use overwhelming force if needed.

Brent crude traded above $102 a barrel, while West Texas Intermediate hovered near $96, recovering some ground after both benchmarks plunged nearly 8% in the previous session.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Asian markets surged to new peaks. Japanese stocks led the rally. Investors are optimistic as the US and Iran move closer to ending their conflict. This easing of tensions is expected to lower oil prices and boost economic growth. Falling energy costs are also reducing inflation worries. Markets are watching for further developments.

This year, nine of 11 S&P 500 sectors are rallying, led by a 27% advance for energy stocks and 14% gains for materials and industrials. Only financials and healthcare are down for the year.

Bharat Forge is expected to report profit at Rs 369.8 crore and revenue at Rs 4,559.97 crore.

Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. This surge followed a sharp drop in oil prices due to potential US-Iran accord news. Easing tensions boosted investor confidence, leading to a broad market uplift. Volatility also decreased, indicating reduced near-term risk.

India may need central bank support to attract dollar investments, potentially through forex deposit schemes, to cover exchange risks and offer competitive yields. Economists suggest higher subsidies from the RBI might be necessary to make such initiatives attractive for banks, especially given current global interest rates.

Indian government bonds experienced a significant surge on Wednesday, with the benchmark 2035 bond yield dropping 10 basis points. This rally was fueled by optimism surrounding a potential US-Iran peace deal, which is expected to lower crude oil prices, improve risk sentiment, and alleviate inflation worries. Analysts suggest a further rebound is possible if the conflict resolution materializes.

Canara Bank is selling a ₹509.37 crore loan given to Rajesh Exports. The bank is looking for buyers for this distressed debt. This move comes as the bank awaits a decision on its bankruptcy plea against the jewellery firm. Rajesh Exports is a major gold jewellery producer. The bank aims to recover its dues through this sale.

Nifty surged over 1% on Wednesday, driven by a sharp drop in crude oil prices and positive sentiment from potential de-escalation in the West Asia conflict. Analysts suggest constructive diplomatic signals, including a possible US-Iran memorandum, could lead to a sustained market re-rating if negotiations continue.

Market experts share their insights on fundamentals and technical levels for key stocks.

Microfinance lender Satin Creditcare Network announced plans to raise $20 million through dollar-denominated bonds. These bonds are slated for allotment on May 27 and will feature a SOFR-linked coupon, set at 310 basis points above the six-month SOFR. Interest payments will be made semi-annually.

The Indian rupee surged 67 paise against the dollar on Wednesday, marking its steepest single-day gain in over a month. This appreciation was driven by a significant drop in crude oil prices and positive indications from Iran and the US regarding diplomatic efforts. Stocks also climbed, while bond yields fell below 7%.

At least 10 companies are considering reducing their planned IPO sizes to ensure successful listings amid declining investor appetite. This flexibility, allowed by the capital market regulator, permits companies to cut issue sizes by up to half without refiling. Sectors like NBFC, jewellery, and healthcare are among those exploring this option to navigate current market conditions.

The Reserve Bank of India has introduced new rules for the money changing sector, emphasizing banking principles and setting a ₹10 crore annual turnover threshold for authorized dealers. The central bank is tightening oversight by shifting responsibility to principal authorized dealers, strengthening accountability for customer protection and compliance in forex transactions.

What goes up

‘Low’ inequality conceals more than it reveals

Any sustainable move above this resistance zone could result inNiftyextending its pullback towards 24,650, analysts said.

Bajaj Auto achieved its highest-ever quarterly net profit of ₹2,746 crore. This record performance was fueled by strong vehicle sales across its brands. The company also saw significant growth in exports. Despite anticipating some industry slowdown, Bajaj Auto remains optimistic due to its strong product mix and export strength. The full-year results also set new records for revenue and profit.

The S&P 500 and Nasdaq hit record highs Wednesday, fueled by Middle East conflict resolution hopes and strong AMD earnings boosting AI stocks. Global stocks surged as oil prices dropped, with S&P 500 companies showing robust profit growth driven by AI advancements. The economy shows stability, with strong private payrolls and positive outlooks from companies like Disney and Uber.

Unions push for Rs 69,000 minimum pay, pension overhaul and higher allowances ahead of crucial consultations with the 8th Pay Commission next week.

The White House believes it is close to a one-page, 14-point memorandum of understanding with Iran to end the war and launch 30 days of detailed nuclear talks.

Authorities are investigating whether the US-Iran conflict and anti-Trump views motivated Cole Allen in the gala shooting case.

The threshold will be tested every six months, the capital market watchdog said

According to outage tracking platform Downdetector, complaints about Claude began rising sharply after 8:30 p.m. IST, signalling a potential large-scale issue.

Any sustainable move above this resistance zone could result inNiftyextending its pullback towards 24,650, analysts said.

Nithin Kamath said direct retail equity ownership remains flat as SIP inflows and mutual fund investments continue to surge in India.

The Washington Post analysis of satellite imagery suggests precise attacks on bases, forcing troop repositioning despite limited operational impact

This gives Vande Mataram the same statutory protection as the national anthem Jana Gana Mana.

The report noted that at around 3:40 AM ET, close to 10,000 crude oil contracts were shorted, an unusually large trade for that time of day, especially in the absence of any major news trigger.

The Reserve Bank of India has introduced revised norms for foreign exchange dealings, ceasing the issuance of fresh licenses for money changers. The new regulations aim to streamline the authorization process for authorized persons and extend the principal-agent model for forex services.

From over 20% growth witnessed in the fourth quarter of 2025-26, the motorcycle segment is now expected to grow at around 7% to 9%.

Zee Entertainment filed a $3 million lawsuit against JioStar, alleging copyright infringement after music licensing deals expired.

Sending special envoys Steve Witkoff and his son-in-law Jared Kushner to negotiations, he claimed, is "unlikely".

The company posted a consolidated bottom-line of Rs 184 crore, compared to Rs 225 crore in the previous quarter.

Ted Turner, the visionary who launched CNN and transformed global television news, has died at the age of 87.

If true, the political landscape of the state will be shaken up further as both parties have been symbolic of decades-old political contest.

Nayara Energy’s Vadinar refinery is expected to return from its planned maintenance shutdown mid-May.

Q4 Results Today Live Updates: Stay tuned to NDTV Profit for all back-to-back live updates of Q4 Results and company announcements on Wednesday, May 6, 2026.

Apollo Global Management crossed $1 trillion in assets under management and beat Wall Street ​expectations for first-quarter profit on Wednesday after posting record quarterly fee-related earnings.

Domestic stock markets ended with strong gains on Wednesday as oil prices slipped below the $100 a barrel mark while news of a likely trade deal between the US and India lifted sentiments.

The campaign arrives ahead of the 2026 FIFA World Cup, which will be hosted across the United States, Canada and Mexico from June 11 to July 19.

Paytm Q4 Results: One 97 Communications, which operates Paytm reported a net profit of Rs 184 crore in the fourth quarter, compared with a loss of Rs 540 crore in the year-ago quarter.

Strong earnings, AI-led demand and upbeat guidance power semiconductor stocks higher.

The White House believes it is close to a one-page, 14-point memorandum of understanding with Iran to end the war and launch 30 days of detailed nuclear talks.

The company posted a consolidated bottom-line at Rs184 crore, compared to Rs225 crore in the previous quarter.

Iranian Foreign Minister Abbas Araghchi said China has been on the "right side of history" over Middle East peace efforts.

Q4 Results Today Live Updates: Stay tuned to NDTV Profit for all back-to-back live updates of Q4 Results and company announcements on Wednesday, May 6, 2026.

The data suggests that AI-led efficiencies are not just improving user experience but also strengthening unit economics.

Shares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven by robust demand for AI chips. Growth in its data centre business and rising adoption of AI infrastructure reinforced investor confidence in AMD’s position as a key challenger in the AI semiconductor space.

Bajaj Auto approved a Rs 5,633 crore share buyback and Rs 150 dividend alongside strong Q4 results. Profit rose 34% and revenue grew 32%, driven by higher volumes, strong exports, and improved margins, reflecting robust overall financial and operational performance

Spirit is backed by Bhushan Kumar, who had earlier worked with Sandeep Reddy Vanga on Animal, and their reunion for Spirit has already created major excitement among fans.

MochaTrade raised pre-seed funding from Y Combinator and Pioneer Fund to build a regulated platform offering perpetual futures on US stocks, indices and commodities. The app aims to simplify global access, enabling leveraged trading with real-time settlement and broader market participation

The 8th Pay Commission will conduct stakeholder meetings in Delhi on 13-14 May to discuss pay and pension reforms. Interested parties can apply through the official portal to take part.

Turner launched CNN On June 1, 1980.

Brigade Enterprises posted higher annual profit and 11% revenue growth driven by strong real estate pre-sales, leasing gains and hospitality expansion. Despite a weaker quarterly profit, robust sales momentum, improved realisations and strong cash flows support a positive business outlook

Tech-heavy Nasdaq Composite rose over 1% at open, but erased some gains to trade 0.66% higher at 25,469.09.

Home First Finance reported a 43% rise in Q4 profit to Rs 150 crore driven by strong business expansion and 25% AUM growth. Operating profit and income also rose sharply, while asset quality remained stable and dividend payout was increased significantly

Both the net profit and revenue were in-line with street expectations of Rs 2,615 crore and Rs 15,737 crore, respectively.

Shree Cement reported an 8% fall in Q4 profit due to rising costs, despite higher revenue and volumes. Elevated fuel expenses and geopolitical risks weighed on margins, while monsoon uncertainty and West Asia tensions pose short-term growth challenges for the sector

Paris Saint-Germain carry a slender 5-4 advantage against Bayern Munich after a nine-goal thriller in Paris, which was the highest-scoring semifinal leg in UCL history.

This is the first bonus issue by Brigade Enterprises since 2019.

The White House believes it is close to a one-page, 14-point memorandum of understanding with Iran to end the war and launch 30 days of detailed nuclear talks.

National pension scheme: The NPS Vatsalya Scheme allows children below 18 years to partially withdraw funds from their accounts under certain circumstances. We take a look at the process and how it works…

TVS Motor Company was the segment leader with 37,683 units last month.

NSE midcap stocks showed strong operational performance with several companies reporting over 50% EBITDA growth in Q4 FY26. Led by firms like Lloyds Metals and Godrej Properties, the gains reflect improved efficiency, demand strength and robust underlying business momentum across sectors

Tehran dismisses parts of US proposal as unrealistic, rejects key terms in ongoing talks

The majority score in the Tamil Nadu Assembly, which has 234 members, is 118.

Retail investors sold equities, but Zerodha clients bought heavily, highlighting divergence. Overall, direct retail ownership declined while mutual fund holdings hit record highs, reflecting a structural shift toward professionally managed investments and rising domestic institutional dominance in Indian equity markets

Bajaj Auto Ltd. declared a bumper dividend of Rs 150 per share.

After a massive Rs 674.17 crore Week 1, the film’s collections steadily declined, with Week 6 dropping to Rs 12.45 crore.

GCC-based NRIs are increasingly favouring Indian equities over real estate, with 73% boosting exposure and many deploying fresh capital. The shift reflects a structural change in wealth strategies, driven by confidence, disciplined investing and India’s growing appeal as a long-term investment destination

Wall Street indexes opened higher on Wednesday, continuing a strong trend fueled by hopes of a U.S.-Iran peace agreement and ongoing enthusiasm for artificial intelligence. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains at the opening bell.

US stocks surged Wednesday as President Trump hinted at a diplomatic breakthrough in the Iran conflict, leading to a sharp drop in oil prices. Reports suggested a memorandum of understanding could end the conflict and pave the way for broader negotiations, boosting investor sentiment and easing inflation concerns.

Q4 Results Today Live Updates: Stay tuned to NDTV Profit for all back-to-back live updates of Q4 Results and company announcements on Wednesday, May 6, 2026.

Outside the museum, demonstrators organised a protest called "Ball Without Billionaires." Workers connected to Amazon, Whole Foods and The Washington Post gathered to protest against wealth inequality and the influence of billionaires in culture and media.

Fixed deposit investment strategies can help retirees and senior citizens generate a safe, predictable monthly income of ₹50,000 through fixed deposits, small savings schemes, and a balanced portfolio allocation strategy. 

FIFA has increased the total World Cup 2026 prize money pool to a record $871 million, up 98% from the $440 million paid out at Qatar 2022.

Bajaj Auto Q4 Results: Bajaj Auto reported a standalone net profit at Rs 2,746 crore in the March-ended quarter versus Rs 2,049 crore in the year ago period, implying a 34% YoY increase.

Sensex surged 940 points as six BSE 100 stocks hit 52-week highs, signalling strong bullish momentum. Stocks like Adani Ports, Nestle India and Sun Pharma led gains, supported by solid monthly performance and positive investor sentiment in a rising market

PB Fintech reported a 54% rise in Q4 profit driven by strong insurance premium growth, higher renewal income and steady lending momentum. Revenue surged, margins improved, and full-year performance remained robust with significant expansion across core and new business segments

Cement maker Shree Cement reported an 8% YoY drop in Q4 consolidated PAT to Rs 526 crore, even as revenue rose 10% to Rs 6,101 crore. The board declared a Rs 70/share dividend. Strong volume growth and expanding RMC operations supported sequential improvement in profitability.

I asked ChatGPT to calculate the required financial independence, retire early aka F.I.R.E. number to create retirement corpus with ₹15 lakh per annum salary at 35. Here is what the artificial intelligence chatbot said…

Indian Prime Minister Narendra Modi held talks with Vietnam President To Lam in New Delhi on Wednesday, with agreements signed across sectors ranging from rare earths to payment systems.

A timeless reminder from John Bogle warns investors against assuming past market returns can predict the future. While historical trends offer context, shifting economic forces and unexpected shocks make rigid forecasting unreliable. Bogle urges focusing on discipline, costs, allocation and long-term consistency rather than chasing patterns that may never repeat.

Earlier on Wednesday, Axios reported, citing sources, that the US and Iran are inching toward a one-page memorandum of understanding to end their war.

South Indian Bank posted 19% profit growth in Q4 driven by sharply lower provisions despite weaker operating profit and other income. Asset quality improved significantly, while advances and deposits saw healthy growth, supporting overall performance and boosting investor sentiment during the quarter

Silver prices have recovered from key support levels as Middle East de-escalation signals pressured oil prices, reducing inflation concerns.

Although, earnings before interest, taxes, depreciation, and amortisation loss widened to Rs 255 crore from a loss of Rs 233 crore.

Consolidate revenue of Policybazaar parent advanced by 36.7% year-on-year for the three months ended March, reaching Rs 2,061 crore in comparison to Rs 1,508 crore.

Mindspace Business Parks REIT raised Rs 500 crore through 10-year NCDs at 7.63% coupon, fully subscribed by an insurer. Funds will refinance debt, enhance cost predictability and support long-term stability, backed by strong credit ratings and diversified investor participation across instruments

SEBI unveiled fresh rules for significant indices, bringing benchmarks like NIFTY 50 and BSE Sensex under tighter oversight.

Q4 Results Today Live Updates: Stay tuned to NDTV Profit for all back-to-back live updates of Q4 Results and company announcements on Wednesday, May 6, 2026.

The release of transcripts of Federal Reserve rate-setting ​meetings, a cornerstone of its transparency for more than 30 years, undermines the debate needed to set good monetary policy, incoming U.S. central bank chief Kevin Warsh says in an upcoming book, ​remarks that echo his wider desire to overhaul the Fed.

On the Multi Commodity Exchange (MCX), crude for the May delivery plunged ₹1,110, or 11.45%, to ₹8,588 per barrel in a business turnover of 12,132 lots

Electrical goods maker Polycab India reported a strong Q4 with 27% revenue growth to Rs 8,865 crore, driven by robust wires & cables and FMEG performance. Profit rose 7% to Rs 786 crore, while FY26 marked record revenues, margins, and a Rs 47/share dividend.

Consolidate revenue of Blue Star advanced by 1.3% year-on-year for the three months ended March, reaching Rs 4,072 crore in comparison to Rs 4,019 crore.

The momentum in the ETF space was a direct reflection of the heating up of the gold and silver futures on MCX.

The White House believes it is close to a one-page, 14-point memorandum of understanding with Iran to end the war and launch 30 days of detailed nuclear talks.

FADA said electric three-wheeler sales were at 64,549 units last month as compared to 62,489 units in April 2025, a growth of 3.3%

Care Ratings downgraded Goswami Infratech’s NCDs citing delayed fundraising, extended redemption timeline, weak cash flows and refinancing risks. The firm’s holding structure and reliance on dividends add pressure, though past refinancing success and strategic stakes provide limited financial flexibility support

WHO and Swiss officials confirmed an Andes hantavirus case tied to the MV Hondius outbreak that has left three passengers dead.

The company registered a consolidated bottom-line of Rs 526 crore

A family trust (or trust-owned holding company) acts as the promoter shareholder, while the trust deed governs dividend sharing and cash flows.

The outbreak of the West Asian crisis hit India’s Gulf oil supplies, making it turn to Russia

I asked ChatGPT to create a budget that ensures retirement by 55, with enough savings to support myself and my parents, buy a home and build a good retirement corpus. Here is what artificial intelligence chatbot said…

GLP-1 drugs see rapid uptake in the US, with rising acceptance as a mainstream treatment for obesity despite lingering hesitation among some groups.

Playing the titular role of Raja Shivaji, Riteish Deshmukh also serves as the director of the film. It is jointly produced by Genelia Deshmukh and Jyoti Deshpande under the banners of Mumbai Film Company and Jio Studios.

West Bengal government employees are closely tracking developments on the 7th Pay Commission. As the new BJP government is set to take charge, here’s a look at how its potential implementation could impact salaries, allowances, pensions, and overall benefits

West Bengal government employees are closely tracking developments on the 7th Pay Commission. As the new BJP government is set to take charge, here’s a look at how its potential implementation could impact salaries, allowances, pensions, and overall benefits.

The standout performer, however, remains services exports, which surged to an all-time high of $421.32 billion in 2025-26

Risk sentiment strengthens as easing geopolitical tensions lift equity futures while oil tumbles sharply.

The company registered a consolidated bottom-line of Rs 452 crore.

There will be no increase made in domestic LPG prices and in petrol and diesel prices at fuel stations due to this development.

Q4 Results Today Live Updates: Stay tuned to NDTV Profit for all back-to-back live updates of Q4 Results and company announcements on Wednesday, May 6, 2026.

From the 30-Sensex firms, InterGlobe Aviation, Trent, Asian Paints, State Bank of India, HDFC Bank and Eternal were among the major winners

Oil prices dived on Wednesday, with international benchmark Brent sliding under $100 a barrel, on fresh hopes for an end to the Middle East war. Brent North Sea crude slumped 9.3 percent to $99.64 a barrel, while the main US oil contract, West Texas Intermediate, plunged 10.7 percent to $91.33.

Brent Crude breached the $100 mark after plunging over 9%

Prabhas was last seen in The Raja Saab and currently has several major projects lined up, including Spirit with Sandeep Reddy Vanga and the sequel to Kalki 2898 AD.

The vaccination move by Saudi Arabia aims to boost immunity, reduce infection risks, and ensure smooth travel and entry for millions attending the annual pilgrimage.

The Indian rupee posted its best single ​day gain in a ​month on Wednesday, joining a global relief rally ​on rising hopes of a cessation of hostilities between the U.S. and Iran, which sparked sharp gains across Asian currencies.