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concept of stock market exchange or financial technology, polygon bull and bear with futuristic element | Photo Credit: Jackie Niam
ensex Today, Nifty 50 | Stock Market Highlights - The NSE Nifty 50 index closed at 23,379.55, down by 436.30 points or 1.83 per cent, while the BSE Sensex ended at 74,559.24, registering a decline of 1,456.04 points or 1.92 per cent.
Market experts said that domestic equities remained under pressure due to record lows in the rupee, rising crude prices and continued foreign institutional investor (FII) outflows.
Sector-wise, almost all major indices on the NSE witnessed heavy selling pressure. Nifty Realty declined by more than 4 per cent, while Nifty IT fell by over 3 per cent. Nifty Consumer Durables dropped 3.59 per cent, Nifty Auto declined 2.28 per cent and Nifty Media slipped 2.77 per cent.
In the commodities market, Brent crude oil prices remained elevated and were trading at $107 per barrel at the time of filing this report, raising concerns for import-dependent economies like India.
Key Highlights Today
Sensex drops 1456.04 points to close at 74,559.24
Nifty drops 436.30 points (-1.83%) to end at 23,379.55
Nifty Realty declined by more than 4%, while Nifty IT fell by over 3%. Nifty Consumer Durables dropped 3.59%, Nifty Auto declined 2.28%
Rupee falls to record low of 95.63 against US dollar.
Brent crude oil prices remained elevated and were trading at $107 per barrel
Gold prices for 24 karat stood at ₹1,53,596 per 10 grams, while silver prices were at ₹2,76,303 per kilogram.
- May 12, 2026 16:06
This live blog is closed for the day.
- May 12, 2026 15:57
Forex
Rupee hits record low of 95.63/$ as rough patch worsens on oil, outflow strain
Rupee hits record low of 95.73/$ as rough patch worsens on oil, outflow strain
Rupee hit an all-time low on Tuesday as fading hopes of a peace deal between the U.S. and Iran sparked a run-up in oil prices, which, along with persistent portfolio outflows and weakening sentiment, pressured the currency.
- May 12, 2026 15:47
Stock market
Markets close
Sensex dives 1,456.04 points to settle at 74,559.24; Nifty tumbles 436.30 points to 23,379.55.
- May 12, 2026 15:46
Aurionpro Posts 20% Revenue Growth in FY26, Hits ₹1,411 Crore
Aurionpro Solutions has announced its audited financial results for Q4 and FY26, highlighting strong growth momentum across its Banking & Fintech and Technology Innovation businesses.
Some of the key highlights include:
FY26 revenue grew 20.3% YoY to ₹1,411 Cr, compared to ₹1,173 Cr in FY25
PAT for FY26 stood at ₹215 Cr, with sustained profitability and PAT margins of ~15%
Banking & Fintech segment reported 19% growth to ₹751 Cr, while the Technology Innovation Group grew 22% to ₹660 Cr
Aurionpro closed FY26 with an order book exceeding ₹1,800 Cr
The company also secured its largest-ever data centre order — a ~₹350 Cr multi-year AI-ready green data centre mandate from a leading hyperscale operator in India
- May 12, 2026 15:46
Anant Raj Appoints Next-Gen Leader Anish Sarin as Whole-Time Director
Anant Raj Appoints Next-Generation Leader Anish Sarin as Whole-Time Director; Board Constitutes Committee to Evaluate Demerger Structure for Data Center Business”
Company Reports Strong Q4 & FY26 Performance; Profit Before Tax Rises to Rs. 368.58 Crore
Anant Raj Limited delivered a strong financial performance for Q4 and FY26, driven by robust operational momentum and sustained growth across its real estate portfolio. Additionally, the company announced the appointment of Anish Sarin, Grandson of Ashok Sarin as Director, signalling the induction of next-generation leadership, alongside the constitution of a committee to evaluate potential merger/demerger structures and recommend a strategic roadmap for future growth.
The company reported significant growth in profitability and strengthened its balance sheet during the year, supported by improved cash flows and healthy investor confidence following the successful QIP raise of approximately Rs. 1,100 crore. For FY26, the company’s total assets increased to Rs. 5,590.55 crore from Rs. 4,346.27 crore in FY25, while cash and cash equivalents surged to Rs. 806.90 crore, reflecting enhanced financial strength and liquidity. The Board also recommended a final dividend of Re. 1 per equity share for FY26.
- May 12, 2026 15:45
InCred Capital to Integrate Singapore-Based S Cube Capital
InCred Capital (InCred Capital Financial Services Ltd), the institutional, wealth and asset management arm of the InCred Group, today announced the integration of Singapore based fund management company S Cube Capital (SAIML Pte Ltd) into InCred Global Wealth Pte Ltd (Singapore), subject to regulatory approvals.
- May 12, 2026 15:44
Centrum Group, today announced the appointment of Saurabh Rungta as Deputy Chief Executive Officer (CEO) & Chief Investment Officer (CIO).
- May 12, 2026 15:41
Forex
Rupee falls to record low of 95.63 (provisional) against US dollar.
- May 12, 2026 15:39
Stock market
Nifty drops 436.30 points (-1.83%) to end at 23,379.55
Screenshot 2026-05-12 153901.png
- May 12, 2026 15:38
Stock market
Sensex drops 1456.04 points to close at 74,559.24
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- May 12, 2026 15:35
Stable SIP inflows indicate continued strength in equity market participation: Nuvama
Stable SIP inflows indicate continued strength in equity market participation: Nuvama
Stable SIP inflows of ₹31,100 crore in April 2026 indicate ongoing investor confidence in the equity market, despite minor declines.
- May 12, 2026 15:35
Crude Oil Gains on Iran Deadlock
Bret crude gained 1% to above $105 a barrel as the stalled negotiations and the shuttering of the waterway indicate energy prices will stay elevated
- May 12, 2026 15:34
Seshasayee Paper And Boards Ltd Approved Capital Investment Of ₹25 crore Towards Copier Paper Conversion Facilities
- May 12, 2026 15:34
Kotak AMC Closes Maiden Private Credit Fund Above ₹2,000 Crore
Kotak Mahindra Asset Management Company’s final close of its maiden private credit Alternative Investment Fund - Kotak Credit Opportunities Fund - with commitments exceeding ₹2,000 crore.
The fund has seen strong participation across HNIs, UHNIs, family offices, corporate treasuries and institutional investors, underscoring growing investor interest in private credit as an emerging asset class in India.
- May 12, 2026 15:30
Insurance
Navi General Insurance strengthens Motor Insurance Offering through strategic partnerships to deliver a ‘Cashless Anywhere’ claims
Navi General Insurance, the insurance arm of Navi, one of India’s fastest-growing digital financial services destinations, today announced strategic partnerships with GoMechanic, ReadyAssist, myTVS and AIS Windshield Experts to deliver a ‘Cashless Anywhere’ motor insurance claims experience for customers across India. The partnerships combine Navi’s digital-first claims journey with deep on-ground service capability, allowing customers to walk into any partner garage across the country and get their vehicle repaired without paying out-of-pocket. Where in-person support is required, Navi’s on-ground partners are equipped to reach customers within a few hours of claim intimation, whether it’s a roadside breakdown, an on-spot vehicle survey, or getting a vehicle serviced at a partner garage.
- May 12, 2026 15:29
ASK Curated Luxury Asset Fund I (CLAF I) announces first Goa investment with Priority Group for luxury villa project in Arpora
ASK Curated Luxury Asset Fund I (ASK CLAF I) (the “Fund”), a luxury-focused real estate investment platform co-sponsored by India Sotheby’s International Realty and ASK Property Fund, has announced its first investment in Goa through a partnership with Goa-based developer Priority Group for an ultra-luxury villa development, Ananda Nilaya, in Arpora, North Goa.
Spread across 5.12 acres, Ananda Nilaya is a premium hillside villa project overlooking the sea, strategically located just 2 km from Baga Beach and well connected to both Mopa International Airport and Dabolim Airport. Featuring an 18,000 square feet exclusive clubhouse, this project caters to the growing demand for luxury second homes and experiential living destinations in Goa.
- May 12, 2026 15:29
Quadria Group backed HealthQuad invests in LifeSigns to advance AI-led predictive patient monitoring
HealthQuad, the growth venture arm of Quadria Group focused on backing new-age healthcare models, has announced its latest investment in LifeSigns (www.lifesigns.us), India’s leading AI powered remote patient monitoring platform.
- May 12, 2026 15:29
Quarterly results
Park Group of Hospitals declares Q4 & 12M FY’26 Audited Results
Park Medi World Limited, North India’s 2nd largest hospital chain (“the Company”) (NSE:
PARKHOSPS, BSE: 544645) today announced its audited financial results for the quarter and year ended March 31st,2026.
12M FY’26 HIGHLIGHTS
➢ Highest ever Revenue recorded of INR 16,794 mn, growth of 21% YoY
➢ Highest ever EBITDA recorded of INR 4,443 mn, growth of 20% YoY, with EBITDA margin of 26.5%
➢ Highest ever Net Profit recorded of INR 2,736 mn, growth of 27% YoY, with Net Profit margin of 16.3%, expansion of 83 bps YoY
➢ Cash from operations of INR 3,291 mn
➢ Significant reduction in debtor days from 161 days on 31.3.25 to 129 days on 31.3.26
➢ Negligible Term bank Debt of 282 mn as of 31st March 2026
➢ Strong liquidity with INR 3,141 mn in Fixed Deposits. Total Cash & cash equivalent (including other balances) of INR 5,509 mn
Growth Highlights
➢ 20% Capacity Addition— 610 beds added (highest in a year) through acquisitions in Bhatinda (250 beds) and Agra (360 beds, our largest acquisition till date), taking bed capacity to 3,610 beds as of 31st March 2026
➢ Completed construction of our largest-ever greenfield hospital in Panchkula (350 beds) and its subsequent commissioning on 10th Apr’26, taking our bed capacity to 3,960 beds as on date
➢ Completion of acquisition of Febris Multi-Superspeciality Hospital (200 beds) in Narela, Delhi. The facility is expected to get commissioned in Q2 FY’27
➢ Secured requisite approvals for 150-bed expansion at Mohali facility, taking its total capacity to 500 beds; expected
to be operational within 12–15 months, making the Company the largest private healthcare provider in the Tricity region with 850 beds on completion
- May 12, 2026 15:27
Companies
Uber CEO Khosrowshahi meets FM Sitharaman, discusses India investment roadmap
- May 12, 2026 15:24
Laxmi Dental Launches AI-Powered Remote Monitoring Platform ‘i Scope360’
Laxmi Dental Limited today announced the launch of ‘i Scope360’, a fully integrated AI-connected remote dental monitoring ecosystem that combines aligner tracking, oral health assessment, and virtual consultations into one connected platform.
The launch is aimed at solving some of the biggest operational, accessibility, and patient engagement challenges currently faced by the dental industry while making dental care more convenient, connected, and scalable for both clinics and consumers. Developed and manufactured in India using dental-grade materials, the platform is designed to support digitally connected treatment workflows for both Indian and global clinical requirements. The company estimates that i Scope360 can help reduce physical follow-up visits by up to 30–50% and improve treatment compliance by nearly 20–30% through remote monitoring, virtual supervision, and connected patient engagement.
- May 12, 2026 15:24
Aditya Birla Health Insurance Launches ‘Activ Yuva’ for Young Indians
Aditya Birla Health Insurance Co. Ltd. the health insurance arm of Aditya Birla Capital, today announced the launch of Activ Yuva, a health-focused insurance plan designed for the evolving lifestyle and wellness needs of young Indians. As part of the offering, a comprehensive wellness programme has been introduced that builds on ABHICL’s HealthReturns™ proposition, rewarding individuals for everyday healthy behaviours across nutrition, fitness, and recovery.
Commenting on the launch of Activ Yuva, Mr. Mayank Bathwal, Chief Executive Officer, Aditya Birla Health Insurance Co. Limited said, “Health insurance must evolve with changing consumer lifestyles and wellness habits. Younger consumers today actively invest in their wellbeing as part of their daily lives. This creates a clear opportunity to make insurance more relevant to how they live.
- May 12, 2026 15:23
Gartner Predicts 40% of Organizations Deploying AI Will Use AI Observability to Monitor Model Performance by 2028
Forty percent of organizations deploying AI will implement dedicated AI observability tools by 2028 to monitor model performance, bias and outputs, according to Gartner, Inc., a business and technology insights company.
“AI is everywhere, but most organizations are still figuring out how to monitor and trust these systems,” said Padraig Byrne, VP Analyst at Gartner. “That visibility gap makes scaling risky and that’s why observability matters. Unlike traditional software, AI’s decision making is often hidden, making it hard to explain or trust, yet errors can cause substantial financial loss, reputational damage and regulatory scrutiny.”
Gartner analysts are exploring observability and AI trends at the Gartner IT Infrastructure, Operations & Cloud Strategies Conference in Sydney this week.
Gartner defines observability as the characteristic of software and systems that enables them to be understood based on their outputs and enables questions about their behavior to be answered. AI observability requires dedicated tools that manage and assess the behavior, decision-making and risks of an AI solution, such as model drift, bias and LLM logic.
“The shift to specialized AI observability tools is accelerating due to executive concern over risk management in complex AI models and agentic AI, not just for infrastructure or application health,” said Byrne. “There’s a growing need for predictive issue detection and real-time actionable insights in AI models. Failure to adopt these tools exposes
- May 12, 2026 15:23
Quarterly results
IIT Learning Systems Limited Announces Q4 and FY’26 Results
NIIT Learning Systems Limited (Ticker Symbol: NIITMTS), a global leader in managed learning services announced the annual results for the Financial Year ended March 31, 2026.
During the quarter (January to March 2026), the company recorded a consolidated Revenue of Rs. 525.2 Cr., up 22% YoY with EBITDA Margin at 19.1%. EBITDA for the quarter was Rs. 100.2 Cr. with Profit after Tax at Rs. 77.1 Cr. The EPS stood at Rs. 5.61.
During the financial year, the company recorded a consolidated Revenue of Rs. 1,952 Cr., up 18% YoY. EBITDA was Rs. 395.7 Cr., while EBITDA Margin stood at 20.3%. Profit After Tax was Rs. 247.7 Cr. and the EPS stood at Rs. 18.09.
The Board recommended a final dividend of Rs. 3.25 per equity share.
The results were taken on record at a meeting of the Board of Directors held on May 12, 2026.
- May 12, 2026 15:22
Real estate
Hero Realty Secures ₹1,200 Crore Debt Facility from IndusInd Bank
Hero Realty, the real estate arm of Hero Enterprise, has secured a ₹1,200 crore debt facility from IndusInd Bank to support its growth and expansion plans. The transaction was facilitated by Rezonance Consultants and reflects strong lender confidence in Hero Realty’s portfolio quality, governance standards, and execution capabilities. The funding will further strengthen the company’s balance sheet while providing long-term capital visibility for its ongoing and upcoming residential developments.
Commenting on the development, Rohit Kishore, CEO, Hero Realty, said, “This facility from IndusInd Bank marks another important milestone in Hero Realty’s growth journey. The continued support from leading financial institutions reflects confidence in our strategy, asset quality, and disciplined execution. We remain focused on scaling responsibly while delivering high-quality residential developments under the Hero Homes brand.”
Hardeep Lamba, Founder and Managing Director of Rezonance Consultants added, “Hero Realty’s ability to attract marquee lenders in quick succession underscores the strength of its business fundamentals and the credibility it has built in the capital markets. We are very happy for the role we played in facilitating this transaction.”
- May 12, 2026 15:21
SCIKIQ Raises $1.5 Million from Triton Investment Advisors to Accelerate Global Growth
Amid growing global demand for AI-ready enterprise infrastructure, AI-native enterprise intelligence platform SCIKIQ has raised USD 1.5 million in funding led by Triton Fund II. The fresh capital will support the company’s global expansion plans, strengthen its AI capabilities, and further scale its platform.
As organizations increasingly move from AI experimentation to large-scale implementation, fragmented and disconnected enterprise data continues to remain one of the biggest barriers to meaningful AI adoption. SCIKIQ addresses this challenge through its enterprise DataHub, which helps organizations unify siloed data and make it accessible through conversational AI and business intelligence tools. The company has already established a strong presence across enterprise markets globally and is witnessing growing international demand for its platform.
Commenting on the funding announcement, Mr. Gaurav Shinh, Founder, SCIKIQ, said, “This funding marks a major inflection point for SCIKIQ at a time when enterprise AI adoption is entering a decisive phase globally. Today, organizations need a unified AI-native platform that can transform fragmented enterprise data into real time, actionable intelligence. It validates the category we are building, the technology we have developed, and the long term value SCIKIQ is positioned to deliver globally. With Triton’s partnership, we are poised to accelerate product innovation, strengthen our AI capabilities & expand internationally.
Speaking on the investment, Mr. Pradyumna Dalmia, Managing Partner, Triton, said, “We are excited to invest in SCIKIQ because it is tackling one of the biggest barriers to enterprise AI adoption: fragmented data that is difficult to unify, govern, and operationalize. What impressed us was the clarity of the product and the maturity of execution already demonstrated by Gaurav and the team.”
- May 12, 2026 15:21
Pascal AI collaborates with ICICI Prudential AMC for AI initiatives
Pascal AI announced its collaboration with ICICI Prudential Asset Management Company Ltd. (ICICI Prudential AMC), one of India’s largest AMCs to deploy its AI infrastructure for the fund house’s investment research.
Vibhav Viswanathan, CEO and Co-Founder, Pascal AI, said, “ICICI Prudential AMC is among the early movers adopting AI within the AMC industry, and this collaboration refl ects their focus on building technology-led investment research at scale. Our focus at Pascal AI is on enabling decision-making and investment judgment at scale, while ensuring firms retain full control over their data and workflows.”
Abhijit Shah, Chief Marketing & Digital Business Officer from ICICI Prudential AMC said, “Investment research today depends on both the quality of analysis and the ability to evaluate large volumes of information efficiently.”We have been investing in frontier technology across the Company for over a decade, and through our engagement with Pascal AI, we are meaningfully moving forward into enterprise-grade AI workflows.”
- May 12, 2026 15:16
Companies
HrdWyr raises $13 mn to build next-gen AI-native chips
Indian fabless chip firm HrdWyr has raised USD 13 million (about Rs 124 crore), in a funding round led by Ideaspring Capital to accelerate the development of AI-native system-on-chip products and expand customer engagements across key global markets, the company said on Tuesday.
Investment firms Singularity AMC, Avatar Growth Capital, and IT firm Persistent Systems participated in the funding round.
“HrdWyr raises USD 13 million in series A to build next-Gen AI-native chips to accelerate the age of Physical AI,” the company said in a statement.
- May 12, 2026 15:15
Companies
LANXESS inks pact with HPCL to sell aviation, industrial lubricants in India, SAARC region
Speciality chemicals firm LANXESS on Tuesday announced signing an agreement with Hindustan Petroleum Corporation Limited (HPCL) for marketing of aviation and industrial lubricants in the country and the SAARC region.
Under the memorandum of understanding, the collaboration will explore short-, medium-, and long-term marketing and business development opportunities for lubricants, and will enable broader local access to premium LANXESS-branded aviation and industrial lubricants in critical segments, the company said.
- May 12, 2026 15:14
Quarterly results
Keystone Realtors Q4 profit down 19% to ₹52.42 cr, revenue jumps to ₹1,613 cr
Keystone Realtors Q4 profit down 19% to ₹52.42 cr, revenue jumps to ₹1,613 cr
Keystone Realtors Q4 profit down 19% to ₹52.42 cr, revenue jumps to ₹1,613 cr
- May 12, 2026 15:13
Stock market
Nifty down 1.9%
At 3.12 pm, Nifty 50 was trading at 23,361.65, shedding 454.20 points (-1.91%)
Screenshot 2026-05-12 151310.png
- May 12, 2026 15:11
Stock market
Sensex down 2%
At 3.10 pm, Sensex was down 1522.36 points or 2.00% to 74,492.92
Screenshot 2026-05-12 151108.png
- May 12, 2026 15:09
Companies
L&T Technology Services And Emerson Announce A Global Cooperation And Strategic Engagement To Drive Innovation In Engineering Excellence
- May 12, 2026 15:08
Quarterly results
Vinati Organics announces Q4 results
- Consolidated profit at ₹124 crore
- Revenue from operations stood at ₹604 crore
- Company recommends final dividend of ₹8.5 per share
- May 12, 2026 15:06
Stock market
EM stocks retreat from record high, FX down as Iran peace deal hopes wane
Emerging market stocks eased from record highs on Tuesday as investors held off from placing more bets on artificial intelligence-linked euphoria, and currencies slipped amid fading hopes of a U.S.-Iran peace deal. U.S. President Donald Trump said a ceasefire with Iran was “on life support” as Tehran rejected a U.S. proposal to end the conflict and stuck to a list of demands Trump described as “garbage”, sending oil prices up 2%.
All eyes are on Trump’s meeting with Chinese President Xi Jinping later this week, with trade and Iran among the agenda items.
(Reuters)
- May 12, 2026 15:04
Torrent Pharma says JB Chemicals merger in final phase, expects completion in 1-2 months
Torrent Pharma says JB Chemicals merger in final phase, expects completion in 1-2 months
Torrent Pharmaceuticals said the merger process of Mumbai-based JB Chemicals & Pharmaceuticals Ltd with the company has entered its final stage, with a hearing scheduled in the second week of June and the transaction expected to become effective over the next one to two months.
- May 12, 2026 15:01
Gold silver
Banks resume gold, silver imports after month-long halt over 3% levy
Banks have resumed gold and silver imports after a hiatus that stretched for more than a month by agreeing to pay a 3% customs levy that earlier prompted lenders to halt shipments, trade and government sources told Reuters.
The resumption is expected to boost the country’s gold imports, widen the trade deficit and put more pressure on the rupee, which is among Asia’s worst-performing currencies this year.
Read the full story here - May 12, 2026 14:59
Quarterly results
V-Guard Industries Q4 results
Consolidated net profit at ₹112 crore
Revenue from operations at ₹1755 crore
Company declares dividend of ₹1.5 per share
- May 12, 2026 14:53
Companies
Party cruisers Ltd approves fund raise of up to ₹30 crore
- May 12, 2026 14:52
Companies
Bright Brothers recommends final dividend of ₹2 per share
- May 12, 2026 14:49
Gold silver
Silver futures slip 1% to ₹2.76 lakh/kg on US-Iran tensions
Silver prices pared early gains to trade nearly 1 per cent lower at ₹2.76 lakh per kilogram in futures trade on Tuesday as renewed US-Iran tensions dampened investors’ appetite for precious metals ahead of Washington’s inflation data.
On the Multi Commodity Exchange, the white metal for the July delivery declined by ₹1,346, or 0.48 per cent, to ₹2,76,965 per kg in a business turnover of 7,451 lots.
- May 12, 2026 14:38
Companies
Torrent Pharma says JB Chemicals merger in final phase, expects completion in 1-2 months
- May 12, 2026 14:14
Quarterly results
Novartis India posts Q4 net profit at ₹25.25 crore
Revenue from operations stood at ₹90.55 crore
- May 12, 2026 14:05
Gold silver
Net holdings in gold ETFs down 80% since January 1
Net holdings in physically-backed gold exchange-traded funds (ETFs) dropped by nearly 80 per cent between the start of the year and May 8, with outflows continuing for the third week in a row, data from the World Gold Council (WGC) showed.
Read the full story here - May 12, 2026 14:04
Companies
Welspun One signs LoI with Balmer Lawrie for warehousing space in Mumbai
Warehousing and industrial real estate platform Welspun One on Tuesday said it has signed a Letter of Intent (LoI) with state-owned Balmer Lawrie & Co to sublease warehousing space in Mumbai.
As per the deal, Welspun One will sublease around 65,000 sq ft of Grade A+ warehousing space at WTC Nhava Sheva within the JNPA special economic zone to the company for five years.
- May 12, 2026 14:03
Quarterly results
Saurashtra Cement posts Q4 net profit at ₹19 crore
Revenue from operations stood at ₹447 crore
- May 12, 2026 14:01
Markets @ 2 pm
- Sensex tanks 1115.48 points or -1.47% to trade at 74,899.80
- Nifty down 319.90 points or -1.34% to 23,495.95
- May 12, 2026 13:55
Economy
Economy not far from ‘shock’ unless Iran war stops tomorrow: Uday Kotak
Economy not far from ‘shock’ unless Iran war stops tomorrow: Uday Kotak
The global economy is on the verge of a significant “shock” as the delayed consequences of the prolonged US-Iran war are set to kick-in now, Uday Kotak, Founder and Director of Kotak Mahindra Bank, warned on Tuesday.
- May 12, 2026 13:46
EXIM Bank plans ₹99,500 crore fundraise in FY27
EXIM Bank plans $10.5 billion fundraise
EXIM Bank plans ₹99,500 crore fundraise
- May 12, 2026 13:29
Companies
Stock market live: JSW Steel April output dips 1% as Blast Furnace shutdown weighs on production
JSW Steel April output dips 1% as Blast Furnace shutdown weighs on production
The primary drag on domestic output was a planned shutdown of Blast Furnace 3 (BF3) at the company’s Vijayanagar plant in Karnataka for capacity upgradation
- May 12, 2026 13:18
Commodities update: Domestic gold futures increase on spot demand
Domestic gold futures increase on spot demand
Fresh positions built up by participants led to a rise in gold prices, say analysts
- May 12, 2026 13:09
Midday market: IT stocks lead Nifty below 23,550 in midday trade; gold, crude hold firm
IT stocks lead Nifty below 23,550 in midday trade; gold, crude hold firm
IT stocks drag Nifty below 23,550; markets face losses while gold and crude remain stable amid geopolitical tensions.
- May 12, 2026 13:08
Stock down
Share market live: Honasa Consumer shares slip after 52-week high; board meeting on dividend adds to buzz
Honasa Consumer shares slip after 52-week high; board meeting on dividend adds to buzz
Shares of Honasa Consumer Limited were trading 0.35 per cent lower at ₹351.70 on the NSE as of 12.29 PM on Tuesday, a day after the stock hit a 52-week high of ₹362.80 on May 11
- May 12, 2026 12:51
Economy watch: Moody's slashes 2026 India growth forecast to 6%
Moody’s slashes 2026 India growth forecast to 6%
Moody's Ratings on Tuesday slashed India's GDP growth forecast for year 2026 by 0.8 percentage points to 6 per cent on subdued private consumption, capital formation, and industrial activity amid higher energy costs.
- May 12, 2026 12:41
Gold silver
Commodities update: Gold steady as markets assess West Asia tensions ahead of US inflation data
Gold steady as markets assess West Asia tensions ahead of US inflation data
Spot gold dips marginally while markets eye Fed rate outlook and Trump’s China visit
- May 12, 2026 12:31
Share market live today: Vodafone Idea shares drop amid market volatility and uncertainty
Vodafone Idea shares drop amid market volatility and uncertainty
Vodafone Idea shares decline amid market uncertainty, with heavy trading volume and recent volatility sparked by treasury stock rumors.
- May 12, 2026 12:13
Share market live today: Japan’s 10-year bond yield hits 29-year high as market awaits Bessent's remarks
Japan’s 10-year bond yield hits 29-year high as market awaits Bessent's remarks
Japan’s 10-year government bond yield hit a 29-year high on Tuesday, despite a moderately firm auction, as the market awaited comments from U.S. Treasury Secretary Scott Bessent, who is visiting Tokyo.
- May 12, 2026 11:54
Debt market updates: War angst, rising oil dent appetite for Indian bonds before CPI data
War angst, rising oil dent appetite for Indian bonds before CPI data
War tensions and rising oil prices dampen demand for Indian bonds ahead of crucial CPI inflation data release.
- May 12, 2026 11:46
Companies
Stock Market Live: Income Tax Department conducts search at KEI Industries offices; shares flat at Rs 5,089.40 on NSE
KEI Industries informed that the Income Tax Department has initiated a search today i.e. 07th May 2026 at Registered Office/ Plants and other locations related to the Company. The Company is fully cooperating with the authorities, providing them with all necessary information and support. Once the search by the Income Tax Department concludes, the Company will update the Stock Exchanges in case of any material information / event.
Shares traded flat on the NSE at Rs 5,089.40.
- May 12, 2026 11:41
Nifty today: Nifty IT index tumbles 3.62% to 28,267.40; Persistent Systems, LTM, TCS, Infosys among top losers
Nifty IT index traded 3.62% lower at 28,267.40, hitting a low of 28,215.60 from the previous close of 29,329.45.
Top losers: Persistent Systems (-4.60%), LTM (-3.99%), TCS (-3.95%), Infosys (-3.71%)
- May 12, 2026 11:40
Companies
Stock Market Live: Coal India dissolves CIL Solar PV subsidiary; shares flat at Rs 466.35 on NSE
Coal India informed the exchange regarding ‘Striking Off and Dissolution of CIL Solar PV Limited (A wholly owned subsidiary of Coal India Ltd.)
Shares flat on the NSE at Rs 466.35.
- May 12, 2026 11:40
Companies
Share Market Live: TCS enters agentic AI commerce market with Rezolve Ai partnership; shares trade at Rs 2,292.50 on NSE
Tata Consultancy Services (TCS) announced a global strategic partnership with Rezolve Ai, a leading AI-native commerce infrastructure provider. This partnership marks TCS’ entry into the agentic AI commerce market. Along with Rezolve Ai, TCS will help retailers worldwide embed AI into core commerce workflows at enterprise scale.
TCS shares traded at Rs 2,292.50 on the NSE
- May 12, 2026 11:39
Share market live: Brookfield India REIT delivers record Q4 with strong leasing and income growth
Brookfield India REIT delivers record Q4 with strong leasing and income growth
Brookfield India REIT achieves record Q4 with 1.6 million sq ft leasing and significant income growth, boosting tenant occupancy.
- May 12, 2026 11:38
Companies
Stock Market Live: Carnex Ltd wins ICF Chennai order worth Rs 1.99 crore for 40T EOT crane and lifting tackle
Carnex Ltd has received Purchase Orders from ICF Chennai for manufacturing and supply of 40T EOT Crane with Lifting Tackle with order value amounting to Rs 1.99 crore
- May 12, 2026 11:19
Stock market live: Nifty IT index falls to 3-year low on weak earnings outlook, demand worries
Nifty IT index falls to 3-year low on weak earnings outlook, demand worries
India’s Nifty IT index tumbled 3.6% on Tuesday to its lowest level since May 2023, as a weak earnings outlook and fears of slowing demand for traditional IT services rattled investors.
- May 12, 2026 11:11
Quarterly results
Butterfly Gandhimathi Appliances net profit up 27% at ₹11 crore
Butterfly Gandhimathi Appliances net profit up 27% at ₹11 crore
Kitchen appliances maker Butterfly Gandhimathi Appliances reported a net profit of ₹11 crore for the quarter March 2026 up 27 per cent from the same quarter last financial year. Revenue for Q4FY26 stood at ₹218 crore as against 187 crore in Q4FY25.
- May 12, 2026 11:03
Markets at 11 am
At 11:02, Sensex stood at 75,162.94, down 852.34 points or -1.12% and Nifty was at 23,592.00, down 223.85 points or -0.94%
- May 12, 2026 11:03
NSE
Nifty Bank Prediction Today – May 12, 2026: Hovering above crucial support
Nifty Bank Prediction Today – May 12, 2026: Hovering above crucial support
Nifty Bank Outlook for May 12, 2026: Crucial support at 54,000; watch for potential further declines or rebounds.
- May 12, 2026 11:00
Industry update
Parag Milk Foods collaborates with Tetra Pak for launching a milk-based protein drink in India’’s first Tetra Prisma Aseptic 250E
- May 12, 2026 11:00
Quarterly results
One Mobikwik Systems Q4 net profit down to ₹5.9 crore
One Mobikwik Systems reported standalone net profit for the quarter ended March 2026 at Rs 5.9 crore compared to Rs 6.67 crore in December 2025 quarter and Rs 55.7 crore in the March 2025 quarter.
In FY26, net loss narrowed to Rs 54.1 crore compared to Rs 122.3 crore in the year-ago period.
Shares traded at Rs 224.34 on the NSE, down 1,44%.
- May 12, 2026 10:55
Quarterly results
JBM Auto stock rises 4% on Q4 profit growth
JBM Auto stock rises 4% on Q4 profit growth
JBM Auto shares surge 4% after reporting Q4 profit growth and announcing a ₹0.85 final dividend for shareholders.
- May 12, 2026 10:54
Stock down
Syrma SGS slides over 2.5% as K-Solare deal collapse offsets record results
Syrma SGS shares slides 2.5% as K-Solare deal collapse offsets results
Shares of Syrma SGS Technology Limited opened sharply higher on Tuesday before reversing course, trading down 2.57 per cent at ₹1,084 on the NSE as of 10.15 am — a day after the electronics manufacturer posted its strongest annual results to date.
- May 12, 2026 10:51
Anant Raj appoints Anish Sarin as Whole-Time Director
Anant Raj Appoints Next-Generation Leader Anish Sarin as Whole-Time Director; Board Constitutes Committee to Evaluate Demerger Structure for Data Center Business
- May 12, 2026 10:37
Stock market live: Fractal Analytics Q4 profit more than doubles to ₹116 crore
Fractal Analytics Q4 profit more than doubles to ₹116 crore
AI company Fractal Analytics on Tuesday said its consolidated profit after tax has doubled to ₹116 crore in the fourth quarter ended March 31, 2026, driven by growth in the healthcare and life sciences segment.
- May 12, 2026 10:37
Stock up
Share market live: IHCL gains 2% after Q4 earnings, brokerages remain positive on growth outlook
IHCL gains 2% after Q4 earnings, brokerages remain positive on growth outlook
Indian Hotels shares rise 2% after strong Q4 earnings; brokerages maintain positive growth outlook despite geopolitical challenges.
- May 12, 2026 10:36
Stock market
Nifty Prediction Today – May 12, 2026: Nifty 50 Futures: Bearish. Go short now and on a rise
Nifty Prediction Today – May 12, 2026: Nifty 50 Futures: Bearish. Go short now and on a rise
Bearish Nifty 50 forecast: anticipate declines to 23,450-23,400; consider short positions with recommended stop-loss strategies.
- May 12, 2026 10:35
Stock down
JSW Energy shares slump 8% despite Q4 profit growth, brokerages turn cautious
JSW Energy shares slump 8% despite Q4 profit growth, brokerages turn cautious
Shares of JSW Energy slumped 8 per cent in early trade on Tuesday despite the company reporting strong March quarter earnings growth, as investors reacted to elevated valuations and cautious brokerage commentary following the recent rally in the stock.
- May 12, 2026 10:35
Stock market
Stock Market Live today: Kotak Mahindra AMC closes maiden private credit fund with commitments over Rs 2,000 crore
Kotak Mahindra Asset Management Company (KMAMC) announced the final close of its maiden private credit Alternative Investment Fund (AIF), Kotak Credit Opportunities Fund, with commitments exceeding Rs 2,000 crore
- May 12, 2026 10:34
Stock up
Share market updates: HFCL shares up over 2% to Rs 152.15 on the NSE, hitting a 52-week high of Rs 153.40, on securing export orders worth Rs 184.0 cr
- May 12, 2026 10:33
Stock Market Live today: Bharat Forge signs long-term supply contract with Embraer for landing gear forgings; shares edge lower
Bharat Forge shares declined to Rs 1,967.20 on the NSE after opening positive at Rs 1,999 from the previous close of Rs 1,987.
Company signed a long-term supply contract with aerospace major Embraer for the manufacturing of landing gear forgings
- May 12, 2026 10:17
Stock Market Live today: Voltas wins Qatar appeal; to receive Rs 425 crore payment, Rs 104 crore compensation, and return of Rs 433 crore bank guarantees
Voltas shares flat on the NSE at Rs 1,309.50 at 10.08 am, hitting a high of Rs 1,348 from the previous close of Rs 1,306.50. The company emerged victorious in its Qatar appeal case against the OHL joint venture. The court ordered a Rs 425.0 cr payment to the Voltas JV, directed OHL&C to pay Rs 104.0 cr in compensation to the Voltas consortium, and mandated the return of Rs 433.0 cr in bank guarantees
- May 12, 2026 10:16
Stock down
Stock Market Live today: Syrma SGS Technology swings to Rs 119 crore Q4 profit from loss a year ago; shares down 2%
Syrma SGS Technology stock traded at Rs 1,087.20, down over 2% at 10.05 am, after hitting a low of Rs 1,083.35.
Company posted a consolidated profit of around Rs 119 crore for the fourth quarter ended on March 31, 2026 against a loss of Rs 71.45 crore in the same period a year ago.
It has dropped its planned acquisition of a 49% stake in K-Solare.
- May 12, 2026 10:13
Forex
Stock Market Live today: Bitcoin consolidates above $80,000 as ETF inflows support structure; investors advised to build exposure in tranches, says Giottus CEO
Vikram Subburaj, CEO, Giottus.com
Bitcoin traded near $81,100 on May 12 and the market capitalisation was about $1.63 trillion. The 24-hour move was only 0.06%. This means the market was holding the $80,000 zone rather than breaking into a fresh momentum leg. The immediate support for Bitcoin is now around $80,000-$80,500. The first resistance is near $82,500, where BTC was rejected earlier in the week.
A decisive move above $82,500 would improve the short-term structure. However, a fall below $80,000 could reopen the $78,000-$80,000 demand band. The more important signal is coming from on-chain data rather than spot price alone. Analysts’ April framework showed Bitcoin reclaiming the $78.1k True Market Mean. The same reports placed the Short-Term Holder Cost Basis around $80.1k-$80.5k. This explains why the present zone is both a support test and a resistance test.
Glassnode data said a move toward $80k could push more than 54% of recent buyers into profit. This can create selling pressure from traders exiting near breakeven. ETF flows continue to support Bitcoin’s broader structure. But the support is not one-directional. Spot Bitcoin ETFs saw inflows of more than $1 billion in the week before May 8. This was reported as the strongest weekly inflow since January 2026.
At the same time, US-listed spot Bitcoin ETFs saw $268 million of net outflows on May 7. This helped cool sentiment after the rejection near $82,500. This makes ETF demand a structural positive for 2026, but not a guarantee against short-term profit-booking around resistance zones.
Macro risk is now the key variable for the next 2-4 weeks. Brent crude was at $104.51 and WTI crude at $98.38 on May 12. The fragile US-Iran talks kept energy-supply concerns alive. Reportedly, markets were watching a US CPI print expected at 0.6% month-on-month, after a 0.9% rise in March.
The next US Federal Reserve meeting is on June 16-17, 2026, and that meeting includes a Summary of Economic Projections.
The altcoin market was mixed rather than euphoric on May 12. Ethereum traded at $2,309.29, with a 1.55% gain over 24 hours and a 2.58% gain over 7 days. XRP traded at $1.46, with a 0.91% 24-hour gain and a 4.72% 7-day gain. BNB traded at $662.59, with a 1.25% 24-hour gain and a 5.96% 7-day gain. Solana was the strongest large-cap mover at $96.40, with a 0.84% 24-hour gain and a 13.98% 7-day gain. TRON traded at $0.3501, with a 0.07% 24-hour gain and a 2.92% 7-day gain.
The market’s message on May 12, 2026, is therefore one of consolidation rather than confirmation. Bitcoin has defended $80,000, ETF demand has remained positive over the recent weekly window, and Solana’s 13.98% 7-day move shows selective appetite for higher-beta assets.
Our advice: The $82,500 rejection, the $80.1k-$80.5k short-term holder cost-basis zone, and Brent crude above $104 mean investors should treat this as a risk-managed recovery. For Indian investors, the practical approach is to avoid leveraged entries near $82,500 and build exposure only in tranches around clearly defined levels such as $80,000, $78,000, and $82,500.
- May 12, 2026 10:12
Stock down
Stock Market Live today: JSW Energy Q4 profit rises 38% to Rs 574 crore; shares slump 8%
JSW Energy shares slumped 8% to a low of Rs 512 on the NSE. Company posted over 38 per cent rise in its consolidated net profit to Rs 574 crore in the March quarter of FY 2025-26
- May 12, 2026 10:12
Stock down
Share market Live today: PVR Inox swings to Rs 121 crore Q4 profit from loss a year ago; shares slip to Rs 1,000
PVR Inox shares declined to Rs 1,000 mark after opening at Rs 1,045 from the previous close of Rs 1,026.
Company reported standalone net profit for the quarter ended March 2026 at Rs 120.8 crore compared to Rs 122.8 crore loss in the same quarter last year.
- May 12, 2026 10:11
Stock Market Live today: Nifty falls 360 points to 23,816; India VIX jumps 10%, near-term trend turns bearish
Akshay Chinchalkar, Managing Partner and Head of Strategy, The Wealth Company
The nifty ended 360 points lower at 23816 yesterday. The India VIX ended 10% higher as investors bought downside protection. Mid- and small-caps finished down too, but fell less than the Nifty. Breadth on the NSE500 favored decliners; more than three stocks fell for every two that gained. Ten of the 12 main NSE sectors fell, with Realty dropping the most at 3.1%. Pharma stocks were the top performers, as they gained 0.3%. With yesterday’s drop, we now have two successive candles which have created a down-gap, showing that the near-term trend is close to moving into the bear camp. Immediate support sits at 23786 followed by 23694, while immediate resistance sits near 24146 and then at 24284. Yesterday was also a so-called “distribution day” on the nifty, which means higher prices were used to sell aggressively.
Now, coming to flows, based on provisional data, foreigners withdrew 8437 cr while domestic players invested 5940 cr.
Speaking index options positioning, foreigners turned bearish, prop traders stayed bearish and retail investors remained optimistic.
- May 12, 2026 10:04
Stock market live: Geopolitics, crude oil, and a weak rupee send markets into a cautious open
Geopolitics, crude oil, and a weak rupee send markets into a cautious open
Geopolitical tensions and rising crude oil prices weigh on markets, leading to a cautious open amid weak investor sentiment.
- May 12, 2026 09:56
Stock down
Stock Market Live today: L&T Technology Services and Emerson announce global cooperation for engineering innovation; shares down 3%
L&T Technology Services and Emerson Announce a Global Cooperation and Strategic Engagement to Drive Innovation in Engineering Excellence
Shares traded at Rs 3,681.10 on the NSE, down 3%
- May 12, 2026 09:48
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: ONGC (+5.04%), Hindalco (+1.92%), Bharti Airtel (+0.57%), Bajaj Auto (+0.38%), Coal India (+0.25%)
Top losers: Infosys (-3.24%), Tech Mahindra (-2.86%), TCS (-2.85%), HCL Tech (-2.21%), Wipro (-1.80%)
- May 12, 2026 09:48
Stock down
Stock Market Live: Billionbrains Garage Ventures (Groww) shares fall 5% as early investors plan Rs 4,750 crore block deal
Billionbrains Garage Ventures (Groww) shares traded 5% lower at Rs 184.09 on the NSE at 9.25 am, hitting a low of Rs180.
Early investors in Billionbrains Garage Ventures set to pare stake through a block deal worth about Rs. 4,750 crore ($498 million)
- May 12, 2026 09:47
Follow our Q4 live
Q4 Results 12th May Live: Tata Power, Dr Reddy's, Torrent Power, Dixon Tech, Max Financial, Berger Paints, Pfizer, Sagility, MTAR Tech, V-Guard, Inox India, Nazara, Texmaco Rail to announce Q4 results, Canara Bank, JSW Energy, PVR Inox, Nuvama, UPL, JBM Auto shares in focus
Q4 Results Today, 12th May 2026 Live Updates: Find all the latest Q4 results 2026 updates of A-1, Abans Enterprises, Arunjyoti Bio Ventures, Amba Enterprises, Albert David, Alicon Castalloy, Asutosh Enterprise, Avadh Sugar & Energy, Bharat Bijlee, Bengal Steel Industries, Berger Paints India, Birlanu, Bliss GVS Pharma, Borosil Renewables, Bright Brothers, Camex, Clean Max Enviro Energy Solutions, Cohance Lifesciences, Dixon Technologies (India), Dr Reddys Laboratories, Dutron Polymers, Dynamic Cables, Elantas Beck India, Emmessar Biotech & Nutrition, Emrock Corporation, Enkei Wheels (India), Ethos, Euro Pratik Sales, Everlon Financials, Family Care Hospitals, Foseco India, Garware Marine Industries, Gopal Snacks, GTL Infrastructure, Gujarat Poly Electronics, High Energy Batteries India, Hindoostan Mills, HLV, HP Adhesives, Huhtamaki India, Indo Cotspin, Indraprastha Medical Corporation, INOX India, JITF Infralogistics, Sai Silks (Kalamandir), Kalpataru, Kamat Hotels (India), K.P.R. Mill, Kross, Logica Infoway, Sri Lotus Developers and Realty, Master Trust, M & B Engineering, Max Financial Services, One Mobikwik Systems, Mardia Samyoung Capillary Tubes Company, MTAR Technologies, Mukat Pipes, Mukesh Babu Financial Services, Nazara Technologies, Neuland Laboratories, NIIT Learning Systems, Novartis India, NR Agarwal Industries, Park Medi World, Patel Integrated Logistics, Pfizer, Platinum Industries, Prabhhans Industries, Puretrop Fruits, Radix Industries (India), Raj Television Network, Ratnaveer Precision Engineering, Religare Enterprises, Raj Oil Mills, Keystone Realtors, Sacheta Metals, Sagility, Saurashtra Cement, Seshasayee Paper and Boards, Standard Industries, SIL Investments, SKF India (Industrial), Sodhani Capital, Solid Stone Company, Stove Kraft, Subex, Sugs Lloyd, Taneja Aerospace & Aviation, Tata Power Company, Texmaco Rail & Engineering, Thomas Cook (India), Torrent Power, Trescon, TRF, Trustedge Capital, Ugar Sugar Works, Ventive Hospitality, V-Guard Industries, Vidya Wires, Vinati Organics, Worth Peripherals, Yash Innoventures, ZF Steering Gear India. Canara Bank, JSW Energy, PVR Inox, Nuvama Wealth, UPL, JBM Auto and more in focus Stay tuned for more updates from businessline
- May 12, 2026 09:38
Q4 numbers: Canara Bank Q4 profit falls 10% to Rs 4,506 crore; shares rise 2%
Canara Bank shares rose 2% to Rs 132 on the NSE. The bank posted a 9.95 per cent year-on-year (y-o-y) decline in net profit for Q4FY26 at ₹4,506 crore, compared to ₹5,004 crore in the corresponding quarter last year.
- May 12, 2026 09:34
Stock market
Opening bell: Sensex drops 368 points, Nifty slips 94 points in early trade
Sensex traded 368.29 pts or 0.48% lower at 75,646.99 at 9.19 am after opening at 75,688.39 from the previous close of 76,015.28. Nifty 50 dipped 94.10 pts or 0.4% to 23,721.75.
- May 12, 2026 09:33
Commodities update: Crude oil futures rise as Trump says ceasefire on ‘life support’
Crude oil futures rise as Trump says ceasefire on ‘life support’
Crude oil futures rise as Trump declares Iran ceasefire on 'life support,' amid ongoing US-Iran tensions and energy supply measures.
- May 12, 2026 09:32
Forex
Currency market update: Rupee hits record low of 95.55 per dollar as oil prices rise further
Rupee hits record low of 95.55 per dollar as oil prices rise further
The rupee fell to 95.55 per dollar, down 0.2% from its previous close and eclipsing its previous all-time low of 95.4325 hit last week.
- May 12, 2026 09:30
Stock market live: Cola wars in India fuel booming demand for visi-coolers and retail fridges
Cola wars in India drive surge in retail fridge and visi-cooler demand
India’s cola wars between Campa, Coca-Cola and Pepsi are fueling a sharp rise in visi-cooler demand as brands expand retail fridge distribution networks.
- May 12, 2026 09:20
Commodities
Commodities update: Crude oil futures rise as Trump warns Iran ceasefire is on ‘life support’
Crude oil futures traded higher on Tuesday morning after US President Donald Trump said the ceasefire with Iran was on ‘life support’. At 9.18 am on Tuesday, July Brent oil futures were at $105.04, up by 0.80 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $98.96, up by 0.91 per cent. May crude oil futures were trading at ₹9450 on Multi Commodity Exchange (MCX) during the initial hour of trading on Tuesday against the previous close of ₹9376, up by 0.79 per cent, and June futures were trading at ₹9181 against the previous close of ₹9114, up by 0.74 per cent.
- May 12, 2026 09:14
Share market live: Franklin Templeton bets on fixed income growth to rebuild India business
Franklin Templeton bets on fixed income growth to rebuild India business
Franklin Templeton is shifting focus to fixed income in India, aiming to reduce equity exposure and expand debt funds amid rising investor interest and competition.
- May 12, 2026 09:07
Stock market
Global markets: Global markets turn cautious as geopolitical tensions, oil shock risks and inflation pressures reshape growth outlook across US, Asia, Europe and emerging economies
United States: AI rally slowed as Middle East tensions, inflation worries, rising oil prices, and active IPO/debt markets dominated sentiment.
India: Iran-linked oil risks, weak banking and tech stocks, and FX conservation concerns kept Indian markets under pressure.
China: Energy shocks pushed inflation higher while trade, exports, and Hormuz-related commodity disruptions stayed in focus.
Japan: Weak consumer spending and geopolitical uncertainty weighed on markets as Japan moved to protect assets in Russia.
South Korea: Policymakers stressed inflation control while defending high concentration in Korean equity markets.
United Kingdom: Slower consumer spending, weaker jobs outlook, and energy debt concerns clouded the UK economy.
Germany: Property markets improved but broader investor sentiment stayed cautious due to global geopolitical tensions.
France: France attracted attention after reports of a possible massive investment plan from SoftBank’s Masayoshi Son.
Brazil: Debt restructuring, weak credit expansion, and scrutiny of mining and lithium firms shaped Brazil’s outlook.
Saudi Arabia / Gulf: Gulf nations remained central to global energy security amid fears of prolonged Hormuz disruptions.
Russia: Russia continued facing Western sanctions pressure linked to Iran and the Ukraine conflict.
Turkey: Turkey prepared to receive emergency US oil supplies amid global energy market disruptions.
Nigeria: Higher jet fuel costs boosted refiners but deepened operational stress for airlines.
Norway: Rising core inflation reinforced expectations for continued policy caution.
Spain: Strong investor demand helped Spanish firm TSK price its IPO at the top end of expectations.
European Union: The EU pushed industrial support measures while accelerating major EV investment plans.
Syria: Syria advanced its offshore energy ambitions through a deep-water oil and gas partnership with Chevron.
Source: Reuters
- May 12, 2026 09:04
Forex
Stock Market Live: Bitcoin steady near $81,000–$82,000 as market eyes US-Iran tensions and regulatory clarity, says Pi42 CEO
“Bitcoin is trading near the $81,000–$82,000 range, holding relatively steady despite continued volatility driven by geopolitical developments and shifting macro sentiment. Price action remains cautious as markets closely monitor ongoing U.S.–Iran tensions, while traders also await further clarity on upcoming U.S. crypto regulation discussions.
At the same time, the market is showing signs of resilience near current levels. Continued accumulation by Strategy, which recently added another 535 BTC to its holdings, alongside optimism surrounding the proposed U.S. Clarity Act, is helping support broader sentiment even as momentum remains mixed.
From a structural standpoint, Bitcoin continues to consolidate after its recent rally above $80,000, with the market now looking for confirmation of the next directional move. While geopolitical uncertainty and profit-taking are limiting aggressive upside momentum for now, holding above the $80,000 zone suggests buyers are still defending key support levels.
For investors, this phase reflects a market balancing strong long-term interest with short-term caution. Regulatory developments, institutional accumulation, and macro headlines are likely to remain the key drivers in determining whether Bitcoin can build enough momentum for another breakout attempt in the near term.” - Avinash Shekhar, Co-Founder & CEO, Pi42
- May 12, 2026 08:54
Key technical indicators for today's trade
Bank Nifty technicals
* Key support breakdown risk at 54,000: Nifty Bank is hovering just above the critical 54,000 level; a decisive break below this zone could accelerate selling pressure toward 53,700 and weaken the short-term structure further.
* Weak breadth confirms bearish undertone: The advances/declines ratio at 5:9 signals broad-based weakness across constituents, indicating sustained selling pressure and limiting chances of an intraday recovery unless 54,250 is reclaimed.
Nifty technicals:
- * Breakdown of key support zone: Nifty has decisively slipped below the 23,700–23,750 support band, turning the short-term structure bearish and increasing the probability of further downside toward 23,500–23,450.
- * Weak market breadth confirms selling pressure: The advances/declines ratio at 10:40 highlights broad-based weakness, indicating institutional selling and lack of buying support, which reinforces the negative near-term bias.
- May 12, 2026 08:50
Stock market live: Brace for volatility as Indian market travels a tumultuous path
Brace for volatility as Indian market travels a tumultuous path
Domestic markets are likely to open on a weak note on Tuesday, with India facing multiple headwinds such as a weakening rupee, unabated selling by foreign portfolio investors, pressure on foreign reserves and a widening current-account deficit.
- May 12, 2026 08:49
Share market live: India drugs regulator flags Eli Lilly obesity ads, campaign put on hold
Eli Lilly pauses obesity awareness campaign in India after drug regulator warning
Eli Lilly has paused its obesity awareness campaign in India after regulators warned it may violate drug advertising rules, raising compliance concerns.
- May 12, 2026 08:40
Companies
Share Market Live: Voltas wins major Qatar arbitration; to receive QAR 203.62 million and return of bank guarantees worth ₹434 crore
VOLTAS: CO WINS MAJOR QATAR ARBITRATION RELIEF IN ITS LONG-PENDING DISPUTE INVOLVING THE JV OF OHL INTERNATIONAL & CONTRACK; THE COURT HAS DIRECTED OHL INTERNATIONAL & CONTRACK TO PAY A TOTAL OF APPROX. QAR 203.62M TO THE KENTZ VOLTAS CONSORTIUM
VOLTAS: ADDITIONALLY, THE COURT ORDERED THE RETURN OF BANK GUARANTEES WORTH QAR 166.72M (APPROX. ₹433.64 CR) TO VOLTAS WITHIN 10 DAYS FROM THE DATE OF JUDGMENT
- May 12, 2026 08:20
Gold silver
Commodities update: Gold ticks up as markets digest US-Iran updates, await inflation data
Gold prices reversed course to edge up on Monday in volatile trading, as investors assessed developments in U.S.-Iran diplomacy and awaited key U.S. inflation data due later this week.
Spot gold was up 0.2% at $4,723.40 per ounce, by 2:02 a.m. EDT (1802 GMT) after falling over 1% earlier in the session.
U.S. gold futures settled little changed at $4,728.70. - Reuters
- May 12, 2026 08:14
Stock Market Live: Windsor Machines signs MoU to sell Wagale Thane industrial plots for Rs 162 crore
Windsor Machines has signed a Memorandum of Understanding (MoU) with Allerindia Developers LLP for the proposed sale of industrial plots, along with building structures, in the Wagale Thane Industrial Area, Thane, Maharashtra. The company will receive Rs 162 crore in multiple tranches over a period of time.
- May 12, 2026 08:14
WATCH: Today's stock recommendation
- May 12, 2026 08:13
Stock market live updates: ALL-TIME HIGH BREAKOUT ALERT
Today, these 13 stocks closed above their lifetime highs, signaling strong momentum and sustained buying interest:
💥MCX
💥Black Box
💥Laurus Labs
💥Welspun Corp
💥JB Chemicals
💥Krishna Defence
💥Sai Life Sciences
💥Grasim Industries
💥Acutaas Chemicals
💥Vijaya Diagnostic Centre
💥Torrent Pharmaceuticals
💥Tata Consumer Products
💥Dee Development Engineers
- May 12, 2026 08:13
Stock market
tock Market Live today: FIIs net sellers at Rs 8,437 crore, DIIs net buyers at Rs 5,939 crore in equity cash trades on May 11
Instl. Investors EQUITY Cash Trades PROV. - 11/05/2026 : Rs. CRS. :
FIIS : SELL -8,437 (12,814-21,251)
DIIS : BUY +5,939 (21,626-15,687)
- May 12, 2026 08:12
Quarterly results
Q4 updates: AFFLE 3I LTD Q4FY26 CONCALL HIGHLIGHTS
Affle 3i reported a strong FY26, marking its 13th consecutive quarter of sequential revenue growth. This reinforced its position as an AI-native, ROI-driven advertising platform. Revenue rose 19.5% YoY to ₹2,710 crore. EBITDA stood at ₹610 crore with a 22.5% margin.
Robust cash flows of ₹502 crore supported performance. Management reiterated its long-term 10x growth vision. This is backed by sustained 20% CAGR guidance and aggressive inorganic expansion plans, including an ₹1,100 crore M&A fundraise.
Growth was broad-based across e-commerce, fintech, and entertainment. There was increasing traction in Connected TV and developed markets. Despite margin moderation due to strategic investments, the CPCU model and AI-led optimisation continue to strengthen competitive positioning and long-term scalability.
- May 12, 2026 08:11
Quarterly results
Q4 updates: BALKRISHNA INDUSTRIES LTD Q4FY26 CONCALL HIGHLIGHTS
Balkrishna Industries delivered a resilient FY26 performance despite a challenging global environment, achieving its highest-ever annual volumes with strong outperformance from India.
The company maintained its premium positioning while accelerating focus on the Americas and on-highway segment expansion. EBITDA margins remained stable at 22.7%, within the guided range of 23–25%, supported by product mix improvements and carbon black integration.
Management highlighted continued demand recovery in Europe and inventory normalisation in the Americas, even as raw material inflation, freight costs, and geopolitical disruptions weighed on near-term visibility. A ₹2,000 crore capex plan, the launch of PCR, and a premiumisation strategy are expected to drive long-term growth.
- May 12, 2026 08:11
Quarterly results
Share market live: BANK OF INDIA Q4FY26 CONCALL HIGHLIGHTS
Bank of India reported robust Q4FY26 results, highlighted by a record net profit of ₹10,527 crore and marked improvements in asset quality. GNPA and NNPA dropped to 1.98% and 0.56%, supported by a strong PCR of 93.57% and CRAR of 18.01%.
The bank sharpened its focus on deposit mobilisation, digitalisation, and a sales-driven model. With RAM advances at 58% of the book and domestic NIM at 2.78%, management targets 15–16% loan growth, 13–14% deposit growth, and 1% ROA by FY27, relying on broader expansion and diversification.
- May 12, 2026 08:10
Quarterly results
Share market live: URBAN COMPANY LTD Q4FY26 CONCALL HIGHLIGHTS
Urban Company reported a strong Q4FY26, marking one of its best quarters as it transitions deeper into a scaled, listed company phase. Revenue grew 43% YoY, with net transaction value rising 42%, while India’s core business turned EBITDA-positive at ₹131 crore, reflecting structural margin improvement. However, consolidated losses persisted due to heavy investments in Insta services, which recorded 2.7 million orders in the quarter.
Management reaffirmed aggressive expansion plans, targeting EBITDA breakeven in Q3FY28 and EBITDA of ₹1,000 crore by FY31. AI-led automation, densification, and strong customer retention remain key drivers, even as competitive intensity and Insta losses weigh on near-term profitability.
- May 12, 2026 08:10
Quarterly results
Share market live: TATA CONSUMER PRODUCTS LTD Q4FY26 CONCALL HIGHLIGHTS
Tata Consumer Products reported a strong Q4FY26 performance, with revenue crossing ₹20,000 crore and India business delivering 16% value growth driven by broad-based, volume-led expansion. Growth businesses scaled rapidly, while integration of acquired brands progressed smoothly. EBITDA rose 27% YoY with margins improving to 14.6%, supported by better mix and operating efficiencies.
Management guided for sustained double-digit revenue growth, with growth businesses expected to maintain around 30% expansion and EBITDA margins improving by 50–80 bps ahead. Digital channels, innovation pipeline, and premiumisation continued to drive momentum, while balance sheet strength and strong cash position supported future investments.
- May 12, 2026 08:09
Quarterly results
Share market live: NIVA BUPA HEALTH INSURANCE Q4FY26 CONCALL HIGHLIGHTS
Niva Bupa delivered a strong Q4FY26 performance, driven by robust retail health growth exceeding 40% in H2 and continued expansion of its Bharat strategy. As a result, profitability improved sharply, with PAT crossing ₹366 crore and FY26 profit rising 80% YoY, while ROE reached double-digit levels. Furthermore, the combined ratio improved 160 bps, supported by better expense control and operating leverage.
In addition, retail health market share crossed 10%, aided by strong multi-channel distribution, agent expansion, and digital initiatives. Management remains focused on achieving mid-to-high teens ROE, sustained 17–19% retail CAGR, and near-99% combined ratio, while monitoring regulatory and claims-related risks.
- May 12, 2026 08:09
Quarterly results
Share market live: SWIGGY LTD Q4FY26 CONCALL HIGHLIGHTS
Swiggy’s Q4FY26 performance highlighted a clear shift toward profitability-focused growth. Management emphasised improved quick commerce margins and disciplined customer acquisition. They deliberately churned low-value users to strengthen business fundamentals. Premiumisation and a better assortment mix boosted customer stickiness and contribution margins.
Quick commerce is nearing CM breakeven. Food delivery growth is expected at 18–20%. Warehousing expansion is largely complete, signalling moderating capex ahead. Despite intense competition and high acquisition costs, operating leverage is improving.
The company remains focused on sustainable growth. Swiggy has strong GOV ambitions and is gradually moving toward a more mature, profitability-driven market structure.
- May 12, 2026 07:42
Technical call buy
Broker’s Call: Hyundai Motor India (Hold)
Broker’s Call: Hyundai Motor India (Hold)
Hyundai Motor India shows muted Q4FY26 results but optimistic FY27E outlook; target price set at ₹1,960.
- May 12, 2026 07:42
Technical call buy
Broker’s Call: Blue Star (Buy)
Broker’s Call: Blue Star (Buy)
Anand Rathi maintains a Buy rating on Blue Star, adjusting target price to ₹1,964 amid mixed quarterly performance and growth outlook.
- May 12, 2026 07:40
Technical call buy
Buzzing stocks today: Rossell Techsys, Bharat Forge, HFCL, Afcons and more in focus
Stocks to watch: Bharat Forge, HFCL, HG Infra, ACME Solar, Graphite India in spotlight
Discover major stock movements in India as Rossell Techsys, Bharat Forge, HFCL, and Afcons make significant advancements across industries.
- May 12, 2026 07:29
Economy
Share market live: Foreign investors eye co-investment deals in India’s infrastructure sector: NIIF CEO
Foreign investors seek co-investment and governance rights in India infrastructure: NIIF
Foreign investors are exploring co-investment opportunities in India’s infrastructure sector and seeking governance rights, says NIIF CEO Sanjiv Aggarwal.
- May 12, 2026 07:19
Industry update
Share market live: India OMCs face Rs 1 lakh crore losses as fuel price freeze continues
India’s state-run fuel firms face massive losses as crude prices surge
India’s oil companies face record losses as crude prices surge and fuel prices stay frozen, raising concerns over sustainability and rising fiscal pressure.
- May 12, 2026 06:58
Iran war latest: Trump rejects Iran’s latest ceasefire proposal ahead of key China trip
Trump rejects Iran proposal as fragile ceasefire faces growing tensions
Trump rejects Iran’s proposal as US-Iran ceasefire remains fragile amid Gulf tensions, oil price fears, and Strait of Hormuz concerns.
- May 12, 2026 06:46
Commodities
Commodities insights: Crude oil and the 900-million barrel question
Crude Oil and The 900-Million Barrel Question
Explore the volatile crude oil market amidst geopolitical tensions, analyzing supply disruptions and future price forecasts.
- May 12, 2026 06:45
Technical call buy
Stock fundamentals: After 38% correction, this small-cap hotel stock looks attractive
SAMHI Hotels stock call: Accumulate on dips
SAMHI Hotels has moved beyond its loss-making IPO phase, with improving profitability, lower debt costs, premiumisation and valuation correction making risk-reward more favourable.
- May 12, 2026 06:44
Commodities
Natural gas futures: Bias remains weak
Natural gas futures: Bias remains weak
Natural gas futures show a weak bias, but a breakout above ₹275 could signal a trend reversal and potential rally.
- May 12, 2026 06:44
Trading Guide for May 12, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for May 12, 2026: Intraday supports, resistances for Nifty50 stocks
Discover essential intraday support and resistance levels for Nifty50 stocks, along with trade recommendations and strategies.
- May 12, 2026 06:43
Stock to buy today: Shilpa Medicare (₹455.35)
Stock to buy today: Shilpa Medicare (₹455.35) – BUY
Buy Shilpa Medicare stock at ₹455.35, targeting ₹535-₹540 with a bullish outlook and strategic stop-loss levels.
Published on May 12, 2026
English (US) ·