PRE MARKET
GIFT Nifty was trading around 23,550 in early morning trade, up 126 points or 0.54 percent, signalling a firm start for Sensex and Nifty on Thursday.
The Nasdaq Composite rose 1.2 percent overnight to close at a fresh record high, while the S&P 500 gained 0.58 percent, Dow Jones also gained 0.25 percent as chipmakers and AI-linked megacap stocks rallied sharply.
Asian markets traded firmly higher on Thursday after the S&P 500 and Nasdaq closed at fresh record highs overnight amid continued buying in AI-linked technology stocks.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index edged up 0.26, 0.43, and 0.55 percent respectively.
STOCKS IN NEWS
Tata Motors CV
Tata Motors’ Commercial Vehicle business posted a standalone net profit of ₹2,406 crore for the quarter ended March, marking a 70% increase from ₹1,419 crore reported in the corresponding period last year.
Bharti Airtel
The telecom company posted a stable performance in the March quarter, with consolidated net profit increasing 10.5% quarter-on-quarter to ₹7,325 crore from ₹6,630 crore in Q3 FY26.
Bharti Hexacom
The company posted a 4.6% year-on-year fall in consolidated net profit for the fourth quarter of FY26, with profit coming in at ₹446.7 crore against ₹468.4 crore in the corresponding period last year.
Zydus Lifesciences
The company has informed the stock exchanges that its Board of Directors will evaluate a proposal for the buyback of fully paid-up equity shares at a meeting scheduled for Tuesday, May 19, 2026.
Source: Moneycontrol, Mint
