Post Market Update- Indices finish weak amid cautious sentiment

Stocks in the news-

1. Clean Max partners with Apple to boost renewable energy in India with around Rs. 100 Cr investment.

2. L&T Buildings & Factories Business gets order in the range of Rs. 2,500-5,000 Cr.

3. NBCC secured order worth Rs. 103 cr from PFC for various CSR projects in various states.

4. Emami to acquire 60% stake in IncNut Digital for Rs. 321 Cr.

Earnings-

1. MRF Q4 net profit up 37.6% YoY at Rs. 702 Cr.

2. Coromandel International Q4 net profit down 76% YoY at Rs. 140 Cr.

Indian indices-

The Indian stock market ended in the red on Thursday, May 7, 2026, following a volatile session. The Sensex and Nifty, which opened higher on global cues, reversed course during the session, dragged down by weakness in banking, FMCG, and select heavyweight stocks. Broader indices also slipped, reflecting investor caution ahead of key corporate earnings and global developments. Among sectors, selling pressure was seen in FMCG, IT, PSU Bank and consumer durable stocks, while buying interest emerged in auto, defence, media, defence, metal counters. At close, the Sensex was down 114 points or 0.15% at 77,844.52, and the Nifty was down 4.30 points or 0.02% at 24,326.65.

Rupee ended at 94.25/$ against May 06 close of 94.61/$.

Buzzing stocks on BSE-

1. IIFL Capital 1.81% to Rs. 464, after board approved issuing of shares on a prefrential basis to Fairfax.

2. Bajaj Auto 2.83% to Rs. 10,606.75, after the company reported 34% jump in consolidated net profit to Rs 2,746.13 crore in Q4 FY26 over Q4 FY25.

3. CG Power and Industrial Solutions rose 3.54% to Rs. 860.65 after the company reported a 32% jump in consolidated net profit to Rs. 362 crore in Q4 FY26 over Q4 FY25.

4. Indoco Remedies surged 8.73% to Rs. 247.85, after the company reported a standalone net profit of Rs. 27.35 crore in Q4 FY26 compared with a net loss of Rs. 26.24 crore in Q4 FY25.

Global Signals-

Asia-Pacific markets rallied despite renewed tensions in the Middle East.

European markets were trading lower. FTSE 100 down -0.64%, CAC 40 down -0.08%, DAX down -0.33%