Share Market News

Recode Studios shares listed at ₹213.10 against the IPO price of ₹158 after the issue was subscribed 234.64 times. The stock later hit the upper circuit. Read more for details.

Hygiene products maker Nobel Hygiene is reportedly considering a $300 million IPO in India. The company is backed by Quadria Capital. Reports suggest the issue could launch next year.

OpenAI launched a $4 billion AI deployment venture and seeks to acquire Tomoro to expand enterprise AI adoption, intensifying competition with Anthropic and opening fresh implementation opportunities for Indian IT services firms.

Fractal Analytics reported strong Q4 numbers. Profit jumped 109% year-on-year. Revenue grew 17%, led by healthcare and BFSI businesses. The stock opened nearly 4% higher.

India's share in global market capitalisation has slipped below 3% for the first time in four years, hit by heavy foreign investor outflows, elevated crude oil prices, and the ongoing West Asia conflict. Read ahead to know more.

Gaurik Fashions filed IPO papers with SEBI to raise funds for expanding Skechers and Guess stores, debt repayment, and corporate needs through a fresh issue and OFS of 70 lakh shares.

One MobiKwik Systems reported a profit in Q4 FY26 after posting losses a year earlier. Despite the improvement, the company’s shares fell around 11% after the results announcement.

12 May 2026 saw markets fall further. Rising geopolitical tensions and worsening domestic sentiment are keeping markets under pressure. Volatility and caution continue to grow.

Shares of ONGC and Oil India surged on 12 May after the government announced royalty rationalisation for the upstream oil and gas sector. The move is being seen as supportive for profitability, cash flows and long-term investment visibility for state-owned explorers.

Indian IT stocks, including Infosys and Tata Consultancy Services, came under heavy selling pressure on Tuesday. Investors are worried that automation could affect the traditional revenue model of IT companies.

Canara Bank reported a Q4FY26 consolidated profit of ₹4,574 crore, down 10% YoY, while asset quality improved sharply. The board recommended a ₹4.20 dividend per share for FY26.

Markets extended losses for a third session. JSW Energy, Satin Creditcare, Indian Hotels and JBM Auto posted strong earnings, while Ather, Afcons Infra and Heritage Foods remained in focus on key developments.