Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC Hotels
Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavyweight stocks. Banking majors played a crucial role in the relief rally, while IT stocks remained under pressure. Several companies, including Adani Enterprises, Tata Motors PV, and JSW Steel, were in focus due to significant block deals and financial results.
Airtel says India’s telecom pricing model is ‘broken’ as ARPU growth slows
Bharti Airtel is dissatisfied with slow ARPU growth due to a flawed pricing system. The company plans to increase average revenue per user by focusing on post-paid plans and encouraging data consumption upgrades. Investments will also target fibre broadband and new growth areas like data centres and financial services. Airtel is committed to strengthening its network and future-proofing its business.
ICC net surplus rises 15% to $543 million in 2025 despite revenue dip
The International Cricket Council (ICC) saw its net surplus jump to $543.3 million in 2025. This increase came as event costs significantly decreased. Total revenue saw a slight fall. ICC members' funds nearly doubled, showing strong financial health. The governing body is preparing for its next media rights cycle.
Western Carriers (India) Limited Schedules Board Meeting on May 16, 2026 to Approve Q4FY26 Audited Financial Results - scanx.trade
Western Carriers (India) Limited Schedules Board Meeting on May 16, 2026 to Approve Q4FY26 Audited Financial Resultsscanx.trade
Real estate, capital goods remain recovery bets despite market volatility: Emkay Global
Seshadri Sen, Head of Research & Strategist at Emkay Global Financial Services says India could face short-term market pain if crude oil sustains at $105-110 per barrel, with the risk of a ₹10/litre fuel price hike impacting inflation and discretionary consumption. The strategist remains optimistic on a medium-term “peace trade” with oil potentially cooling to $80, while selectively favouring sectors like real estate, capital goods and recovery plays linked to a post-war normalisation scenario.
MASFIN appoints Dhvanil Gandhi as ED of MAS Rural Housing & Mortgage Finance
Dhvanil Gandhi brings over a decade of experience with MAS Financial Services, where he has played a key role in strengthening the SME lending business across India. He is also driving initiatives in the insurance vertical and has been instrumental in obtaining the insurance broking licence, expanding the company's ability to serve a wider customer base and support insurance penetration. He is actively involved in investor relations and contributes significantly to the company's technology-led initiatives.
Rani Kapur moves Supreme Court over family trust-linked board meeting
The new application, reviewed by Mint, asked the court to restrain Kapur's widow, Priya Kapur, and other respondents from changing the management structure, appointing new directors, altering bank signatories, or taking financial decisions
Gold, housing plays take a hit as Modi's austerity pitch rattles consumer-facing stocks
Jewellery and real estate stocks experienced a sharp decline after Prime Minister Modi urged financial restraint, advising citizens to postpone gold purchases and reduce discretionary travel. The comments, aimed at curbing fuel consumption amid geopolitical uncertainty and high energy costs, triggered an immediate market reaction in sectors tied to household spending.
Coal India subsidiary makes new post-listing high after surging up to 20%
CMPDI's management told CNBC-TV18 it was confident of maintaining 30% profit after tax (PAT) margins 40% earnings before interest, tax, depreciation and amortization (EBITDA) margins for financial year 2027.
Dynamic Cables Ltd leads losers in 'B' group
Premco Global Ltd, Spandana Sphoorty Financial Ltd Partly Paidup, Digicontent Ltd and Sambhv Steel Tubes Ltd are among the other losers in the BSE's 'B' group today, 12 May 2026.
JSW Energy shares tumble 7% as Street cites debt concerns, expensive valuations
JM Financial has downgraded JSW Energy to 'Add' from 'Buy'. The brokerage said it remains confident about the company achieving its target of 30 GW capacity by 2030, but flagged concerns around elevated debt following multiple acquisitions and investments into capital-intensive projects.
Q4 Results LIVE Updates: Dr. Reddy's, Dixon report results today; Indian Hotels, Anant Raj react
Q4 Results LIVE Updates: Its an earnings-heavy day on the Dalal Street today. Nifty 50 stock Dr Reddy's Laboratories is scheduled to report its numbers today. Dixon Tech, Berger Paints, Nazara Tech, INOX India, Cohance Lifesciences, Gopal Snacks, Kalpataru, KPR Mill, Max Financial Services, MobiKwik, MTAR Tech, Novartis, Pfizer, Religare, Keystone Developers, Sagility, Tata Power, Torrent Power, Texmaco Rail, V-Guard Industries, are among the other important results to track today. Watch this space for all the LIVE earnings updates.