Share Market News

Sensex slipped 114 points to close at 75,200, while the Nifty 50 ended below 23,650 on 19 May 2026 amid profit booking and mixed global cues. GIFT Nifty at 23,534 signalled a subdued start for Wednesday’s trade.

Depreciation of the rupee against the US dollar pulled down the Sensex and the Nifty 50 in Tuesday’s trading session, though broader markets ended higher.

Indian Oil Corporation reported a 78% YoY rise in Q4FY26 net profit. The net profit increased to ₹14,458 crore because of the strong refining and marketing margins. The company also announced a final dividend of ₹1.25 per share.

SBI Funds Management has filed DRHP for a ₹13,000 crore IPO, with SBI and Amundi selling 10% stake through OFS. Read more about valuation, stake sale and market impact.

Margin funding exposure in equities rebounded above ₹1.2 lakh crore in May as traders returned after March’s correction and broader markets recovered sharply. Read more about the trend and investor sentiment.

Goldline Pharmaceutical shares debuted 40% above the IPO price on the BSE SME at ₹59.75. They touched ₹60 intraday, and later hit the 5% lower circuit at ₹56.77 after profit booking.

Arohan Financial Services has filed draft papers for a ₹600 crore IPO with SEBI, including a 4.04 crore share OFS, as existing investors seek partial exits from the microfinance lender.

No Indian company features in the world's top 100 by market cap for the first time in years as a prolonged equity selloff, oil shock and brokerage downgrades erase billions in value.

Q-Line Biotech will launch its ₹214.48 crore SME IPO on 21 May at a price band of ₹326-343 per share, with proceeds earmarked for debt repayment and working capital needs.

Airline stocks remained in focus after Maharashtra and Delhi reduced VAT on aviation turbine fuel (ATF), a move that could significantly lower fuel expenses for carriers. IndiGo could save up to ₹1,500 Cr annually, while SpiceJet may see savings of up to ₹200 Cr.

India is looking at a possible hike in import duties on edible oils. The move comes after a request from domestic industry players. The aim is to support local farmers. It may also help reduce foreign exchange outflows at a time when the rupee remains under pressure.

India raised petrol and diesel prices by 90 paise per litre on 19 May, the second hike in a week, as oil companies lose ₹750 crore daily amid surging crude prices. Read ahead to know more.

Mutual funds cut their exposure to technology stocks in April. The allocation fell to an eight-year low. The move came as concerns grew around AI disruption and slower global IT spending. Read ahead to know more.

The Indian stock market indices opened positively on Tuesday amid mixed global cues. Going ahead, a lot will depend on how things pan out in the Middle East and other national and international geopolitical developments.

Sensex and Nifty recovered sharply to end marginally higher. IOC, Lupin, Eicher Motors and BPCL remain in focus amid earnings, approvals, project wins and positive GIFT Nifty cues.

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) reported an 87% year-on-year rise in PAT to ₹392 crore in Q4 FY26. Operating revenue also increased to ₹2,208 crore.

Astral Limited reported a 20% year-on-year rise in PAT to ₹213 crore in Q4 FY26. Revenue from operations increased 24% to ₹2,089 crore.

Sensex closed 77 points higher at 75,315, while the Nifty 50 ended nearly flat at 23,649 on 18 May 2026 after recovering sharply from intraday lows. GIFT Nifty at 23,677 signalled a mildly positive start for Tuesday’s trade.

At the closing bell, the Sensex and the Nifty recovered from early losses and ended the day marginally higher, with the Nifty IT index providing support.

Bharti Airtel has overtaken HDFC Bank to become India's second most valued company by market capitalisation, with its stock jumping over 11% across four consecutive sessions. Reliance Industries continues to hold the top spot. Read ahead to know more.

Power Grid Corporation of India shares declined after weak Q4 results, as revenue and EBITDA fell while margins narrowed to 78%. Net profit rose 10% due to deferred tax adjustments despite higher expenses.

SEBI approved IPOs of Neolite ZKW Lightings, Aspri Spirits and SS Retail. The companies plan fresh issues and offer-for-sale components to raise funds for expansion, manufacturing, and business operations.

BSE Ltd is likely to enter the Nifty 50 index in the September 2026 rebalancing, potentially replacing Wipro. Analysts estimate the move could trigger one-way passive inflows of nearly $639 million into BSE shares, reflecting the stock’s strong rally and rising market presence.

SEBI has eased onboarding norms for foreign portfolio investors after new tax rules created registration hurdles. It aims to simplify PAN approvals and prevent challenges in overseas investment flows.

Steel Authority of India Limited reported a 46.7% rise in Q4 FY26 net profit to ₹1,835 crore, while revenue increased 5.1% and EBITDA margin expanded to 14.3%.

Hindustan Copper posted Q4FY26 net profit of ₹444.27 crore, up 137.3% YoY, while revenue surged 58% to ₹1,156 crore. PBT jumped 129.1% to ₹592.21 crore; EPS rose to ₹4.59. Final dividend of ₹1.86/share recommended.

SEBI has relaxed borrowing rules for highly leveraged InvITs, allowing additional debt for capital expenditure, road maintenance and refinancing while also clarifying post-project SPV treatment norms.

ITC Hotels reported a strong Q4FY26 performance with profit increasing 23% to ₹317 crore on higher revenues and operational improvement.

Ambuja Cements submitted a ₹580 crore bid for bankrupt Jaypee Cement, the only offer on the table. Lenders are pushing for more as the bid falls below the ₹880 crore liquidation value.

The Indian government has approved the listing of Mahanadi Coalfields Limited through an IPO, allowing Coal India to dilute up to 25% stake via offer for sale and fresh equity issuance. Read ahead to know more.