Indian benchmark indices closed range-bound on May 7, 2026, with Nifty ending flat at 24,326 and Sensex slipping 114 points. Defence and Auto stocks outperformed on easing crude oil prices and strong earnings momentum, while IT, FMCG, and Consumer Durables witnessed profit booking amid geopolitical uncertainty and mixed Q4 results.
Benchmark indices closed in the red with Nifty at 24,044 and Sensex at 77,132, weighed down by global uncertainty, surging oil prices, and foreign investor outflows. While select stocks like Bajaj Auto and Bajaj Finance showed strength, sectors such as metals, PSU banks, and realty faced sharp declines in a risk-off market environment.
Indian markets ended strongly on April 29, 2026, as Nifty reclaimed 24,100 and Sensex surged over 600 points. Auto and FMCG stocks led gains, supported by strong earnings from Maruti Suzuki, ITC, Tech Mahindra, and Coal India, boosting overall market sentiment.
After staying under 4% for two months in a row, the India CPI inflation spiked by 184 basis points in Sep-24
However, Gillette India has assured that the termination will have no substantial impact on its total revenues.
Varun Beverages plans to split its ₹5 equity shares into ₹2 equity shares, as previously announced.
Irrespective of the high tax demand, the business said that it does not anticipate any substantial financial ramifications at this time.
In the first quarter of this fiscal year, operating EBITDA increased by 3.5% to ₹248.30 Crore from ₹239.80 Crore in the previous year.
Radhakishan Damani's firm Derive Trading sold a portion of its ownership in tobacco company VST Industries in bulk transactions on Wednesday.
Tata Consumer Products has set a record date for its rights issue of July 27, 2024, which happens to be a Saturday.

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