Share Market News

India is evaluating a $1 billion incentive programme to boost private-sector adoption of electric buses and trucks, as the government looks to cut fossil fuel dependence and reduce transport emissions amid the ongoing West Asia crisis. Read ahead to know more.

FIIs have sharply reduced exposure to India’s biggest blue-chip stocks over the last four years, with the top 10 holdings now accounting for just 21.3% of foreign portfolios versus 40.9% in March 2022. Banking and IT giants such as HDFC Bank, Infosys and TCS have seen the steepest cuts.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.