Nifty 50 Ended Lower For 3rd Consecutive Day; PSBs Hit An All-Time High Net Profit
- Share.Market
- 10 min read
- 12 May 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Ending in the red for the third consecutive day, Nifty 50 and Sensex plunged nearly 2% on Tuesday, May 12, with all sectoral indices closing in the red, led by Nifty Realty. The market faced pressure from global headwinds as fears of a collapsing US-Iran ceasefire, which Trump stated is on “life support”, drove crude oil prices up to around $108 per barrel and pushed the rupee down to a record low of 95.74 against the dollar.
Domestic caution deepened following PM Modi’s appeal to curb gold purchases for a year and a renewed push for work-from-home to mitigate the escalating fuel crisis.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
AFCONSAfcons Infrastructure secured its largest international order to date. The company was selected for a €677.07 million (approx. ₹7,544 crore) project to rehabilitate and construct a railway line in Europe, which includes electrification, signalling, and telecommunication works.
BHARATFORGBharat Forge signed a long-term contract with Embraer to manufacture critical landing gear forgings for commercial and defence aircraft. This agreement makes Bharat Forge the first Indian supplier to enter Embraer’s global aerospace supply chain for forged components.
TCSTCS announced a global strategic partnership with Rezolve Ai, marking its entry into the agentic AI commerce market. The collaboration will help global retailers embed AI into core commerce workflows using Rezolve Ai’s intelligent platform to drive enterprise-wide transformation.
LTTSL&T Technology Services partnered with Emerson to serve as a global system integrator for the NI test platform. LTTS will also establish a dedicated Centre of Excellence at its Mysuru campus to accelerate product engineering and solution development across multiple industries.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 11 May 2026 | -8,437.56 | 5,939.65 |
| 08 May 2026 | -4,110.60 | 6,748.13 |
| 07 May 2026 | -340.89 | 441.07 |
| 06 May 2026 | -5,834.90 | 6,836.87 |
| 05 May 2026 | -3,621.58 | 2,602.62 |
| Month-to-Date | -19,509.91 | 27,332.5 |
What’s Happening Beyond Markets?
- Public Sector Banks achieved an all-time high net profit of ₹1.98 lakh crore in FY 2025–26, marking four consecutive years of profitability. Additionally, asset quality improved significantly, with Gross NPAs dropping to a historic low of 1.93%.
- Stock exchanges have withheld settlement payouts worth ₹78 crore following a police complaint alleging unauthorised F&O trades in a client’s account. This rare derivatives market freeze has affected over 3,000 clients across 160 brokers, who are awaiting resolution.
- The Supreme Court has refused to reopen its 2021 ruling that exempted foreign software payments from royalty tax. By dismissing the income tax department’s review petitions, the court ensured continued tax relief for Indian companies.
- According to a JP Morgan report, petroleum coke shortages caused by the Strait of Hormuz closure could disrupt aluminium production outside the Gulf region. With 20% of global supply affected, producers face operational challenges that may worsen the 2026 market deficit.
- Stable SIP inflows of ₹31,100 crore in April 2026 indicate continued strength in retail equity market participation despite volatility, as per a Nuvama report. Coupled with the recovery of lump-sum investments, this pushed active equity AUM up by 10.8%.
Result Update
Track who beat or missed street estimates from the Nifty50
| Stock | Revenue from Operations FY26 (Estimated) | Revenue from Operations FY26 (Actual) | Change |
| Affle 3I Ltd. | ₹2,706.40 cr | ₹2,709.30 cr | 🔼 0.11% |
| Birla Corporation Ltd. | ₹9,587.95 cr | ₹9,655.61 cr | 🔼 0.71% |
| Blue Dart Express Ltd. | ₹6,172.37 cr | ₹6,140.88 cr | 🔻 0.51% |
Back to Basics
Terms that put you one step ahead – every day
What is Liquidity Risk?
In investing, liquidity risk is the danger of not being able to buy or sell an asset quickly without taking a major hit to its price. Think of it like owning a rare vintage guitar. It might be worth $10,000 on paper, but finding a willing buyer takes time. If you need cash tomorrow, you might be forced to sell it to a pawn shop for half the price.
In the stock market, this typically happens with smaller, lesser-known companies that have very low daily trading volumes. If you want to sell your shares, there simply might not be enough buyers available. For everyday investors, liquidity is crucial. Sticking to popular, heavily traded stocks ensures you can easily convert your investments back into cash at a fair price the moment you need it.
Learn more: https://www.share.market/buzz/learn/liquidity-risk/
Corporate Actions
Companies with the ex date and record date on 14 May 2026
| Company | Corporate Action |
| Oberoi Realty Ltd. | Interim Dividend, ₹2.00 |
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
