Share Market News

Meesho reported 43% growth in orders and revealed that 70% of its code is AI-generated, highlighting its aggressive AI strategy. Read more about its FY26 expansion plans.

HFCL shares have jumped 37% in just five sessions. Strong Q4 earnings, fresh telecom orders and 5G optimism are driving investor interest in the stock.

Securities and Exchange Board of India defined significant indices as those with over ₹20,000 crore in tracking assets under management, requiring providers of such indices to register within six months.

The net profit of PNB for the last quarter of FY26 saw an increase of over 14% to reach ₹5,225 crore. Gross NPA improved to 2.95% with an almost 11% growth in the global business.

Benchmark indices, the Sensex and Nifty, recorded gains of over 1% on Wednesday. They rode high on favourable domestic and international cues.

The Nifty PSU Bank index rose 2.84% on 6 May, while Canara Bank, PNB, Bank of Baroda and Indian Bank gained up to 3% after the Cabinet approved the ₹18,100 Cr ECLGS 5.0 scheme.

Poonawalla Fincorp Q4FY26 net profit jumped 309% year-on-year to ₹255 crore. Assets under management crossed ₹60,000 crore for the first time. Read ahead for more details.

United Breweries reported a 4% rise in Q4 FY26 net profit to ₹102 Cr. However, higher freight, packaging and energy costs linked to Middle East disruptions kept sentiment cautious, with shares falling over 3% in early trade today.

RBI is studying foreign-currency bond issuance as SEBI plans easier access to GIFT City debt products and tax-saving bonds. The moves aim to boost capital inflows. Read more for details.

Ajanta Pharma posted 21% growth in revenue and 18% growth in PAT for Q4. EBITDA increased by 12%. The performance was driven by momentum in the US generics business.

The Reserve Bank of India proposed a seven-year limit for banks to dispose of collateral assets seized from defaulters, with strict valuation, disclosure and public auction requirements under a new draft framework.

NSE reported ₹2,871 crore Q4 profit, backed by strong derivatives and cash market volumes, while announcing a ₹35 dividend for FY26. Read more about the exchange’s latest performance.