Share Market News

United Spirits reported a strong Q4 FY26 performance, with net profit rising 28% year-on-year to ₹539 crore. Revenue increased modestly, supported by premiumisation. The company also announced a final dividend of ₹11 per share for FY26.

IRFC did not announce a fresh final dividend in its Q4 FY26 results. However, the company disclosed interim dividend payouts worth ₹2,744.39 crore during FY26 under financing activities.

The Indian stock market indices witnessed a volatile opening on Friday morning. While Sensex and Nifty 50 edged higher after pre-open, Bank Nifty and Fin Nifty were trading lower.

Jio Platforms has appointed Akash Ambani as managing director for a five-year term ahead of the company’s planned IPO. The move comes as Reliance Industries prepares to launch what could become India’s biggest-ever public offering, with Jio expected to file draft papers in the coming weeks.

Securities and Exchange Board of India proposed a major overhaul of exchange-traded derivatives regulations, simplifying commodity norms, removing outdated provisions and reducing compliance burden for exchanges.

The Centre has capped duty-free gold imports at 100 kg per licence and tightened compliance norms for jewellery exporters to curb misuse, reduce imports and strengthen monitoring under the advance authorisation scheme.

Both the Sensex and Nifty 50 fell during Friday’s trade to close lower as high crude prices and weakening of the rupee against the dollar took a toll on investors’ sentiments.

The National Stock Exchange will begin trading in Electronic Gold Receipts from Monday, May 18, marking a significant step in how investors can participate in the gold market in India. Read ahead to know more.

Housing and Urban Development Corporation reported a massive jump of 172% year-on-year in net profit. The company's net profit increased to ₹1,981 crore in Jan to Mar quarter. The growth in the net profit was aided by strong interest income growth and a deferred tax gain. The company also recommended a final dividend of ₹1.5 per equity share for shareholders.

Mutual funds sharply raised stakes in Adani Power, Green and Energy Solutions amid rising electricity demand and infrastructure expansion. Institutional confidence in the sector continues to strengthen. Read more.

Adani Group stocks remained in focus after reports suggested US authorities may reconsider the fraud case involving Gautam Adani. Shares opened higher but later turned volatile as investors awaited official confirmation from US agencies.

Goldman Sachs sold 26.75 lakh Jio Financial shares worth ₹62 crore to Morgan Stanley as the company posted mixed Q4FY26 results. Read more about earnings, revenue growth, and stock performance.