Share Market News

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.

The Reserve Bank of India approved HDFC Bank group entities to collectively hold up to 9.95% in ICICI Bank and Kotak Mahindra Bank, valid until 5 May 2027, after combined holdings neared the 5% threshold.

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.

Indian markets may open higher on positive GIFT Nifty cues. Stocks including Meesho, L&T, Paytm, Bajaj Auto, Indian Bank, and Godrej Consumer gained attention after earnings, fundraising plans, and major order wins.

KPIT Technologies reported a 33% year-on-year fall in Q4 FY26 profit to ₹163 Cr despite double-digit revenue growth. Rising operating costs, weak investor sentiment and continued pressure on the global mobility sector kept the stock under pressure, with shares falling more than 4% on 7 May.

Sensex jumped 941 points to close at 77,958, while the Nifty gained 298 points to end at 24,330 after reports of progress in US–Iran talks improved sentiment. GIFT Nifty near 24,491 points to a flat-to-steady start.

The Indian stock market indices traded flat after market opening on Thursday morning. With most global markets giving positive cues, the Indian indices too are expected to become green as the day progresses.

Net profit growth in Q4 FY26: Polycab India 7%, Radico Khaitan 95%, Godrej Consumer 10%.

Paytm recorded a profit of ₹183 crore in Q4 FY26. Its revenue rose 18% and EBITDA was also up at ₹132 crore during this period.

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.

AU Small Finance Bank has informed exchanges that Kotak Mahindra Bank has received RBI's approval to acquire an aggregate holding of up to 9.99% in AU Small Finance Bank. Read ahead to know more.

India's top six mutual funds by assets under management are led by Parag Parikh Flexi Cap and five other schemes. HDFC Mid Cap stands out on returns, delivering 93.94% over three years, while ICICI Prudential Large Cap rounds out the list.