Nifty 50, Sensex Ended In The Red; MoSPI Updated The National Accounts Base Year To 2022-23
- Share.Market
- 4 min read
- 08 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.
Nifty 50 and Sensex ended the last trading session of the week around 0.65% lower on Friday, May 8, with most sectoral indices ending in the red. Investor sentiment turned cautious following renewed attacks between the US and Iran, which subsequently drove crude oil prices to trade over $100 per barrel.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
TITANTitan Company’s consolidated net profit surged 35% year-on-year to ₹1,179 crore, while total income jumped 46% to ₹20,300 crore. Full-year FY26 net profit also saw a massive 52% increase to ₹5,073 crore.
NBCCNBCC (India) secured a new work order worth approximately ₹252.80 crore from the Odisha School Education Programme Authority. The project involves implementing the second phase of the GMAPV Scheme across 46 schools in various districts of Odisha.
DABURDabur India reported a 16% surge in its Q4 consolidated net profit to ₹362 crore, with revenue jumping 7.3% to ₹3,038 crore. The domestic FMCG business grew by 9.5%, driven by a 6% volume growth and rural demand outpacing urban markets.
PIDILITINDPidilite Industries posted robust Q4FY26 results, with consolidated net sales growing 14.1% year-on-year to ₹3,572 crore. Profit after tax jumped 36.6% to ₹584 crore, aided by lower input costs that improved gross margins by 160 basis points.
PFCPower Finance Corporation’s wholly-owned subsidiary, PFC Consulting, has been appointed as the Bid Process Coordinator to establish an intra-state transmission system in Maharashtra. A Special Purpose Vehicle has been incorporated to develop the 765 kV GIS Pune West project.
URBANCOUrban Company saw its Q4FY26 net revenue grow 43% year-on-year to ₹426 crore, with Net Transaction Value hitting a 15-quarter high of ₹1,148 crore. Despite recording its first-ever 10 million orders in a quarter, the company reported an adjusted EBITDA loss of ₹98 crore.
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) |
| 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 |
| 04 May 2026 | 2,835.62 | 4,764.16 |
| Month-to-Date | -6,961.75 | 14,644.72 |
What’s Happening Beyond Markets?
- According to a joint report by FICCI and KPMG, India’s real estate market is projected to reach a massive USD 5.8 trillion by 2047. Additionally, the report notes that AI adoption within the corporate real estate sector has surged to 91% in 2025.
- According to the Ministry of Statistics and Programme Implementation (MoSPI), the National Accounts base year has been updated to 2022-23. The ministry also issued a new framework for State GDP estimates to capture regional economic structures and growth more accurately.
- Countries are urged to move beyond GDP as the sole measure of national progress, according to a UN-appointed High-Level Expert Group report. The panel proposes a new 31-indicator framework to better assess human well-being, sustainability, and resilience amid rising global inequalities.
- India and Vietnam held high-level talks to strengthen their science and technology partnership. Both nations agreed to accelerate joint engagement and expand structured cooperation in Artificial Intelligence, deep-tech, cybersecurity, robotics, and innovation-led research ecosystems.
Result Update
Track who beat or missed street estimates from the Nifty50
| Stock | Revenue from Operations FY26 (Estimated) | Revenue from Operations FY26 (Actual) | Change |
| Dabur India Ltd. | 13,198.13 | 13,192.57 | 🔻 0.04% |
| Britannia Industries Ltd. | 19,297.18 | 19,151.59 | 🔻 0.75% |
| Pidilite Industries Ltd. | 14,504.65 | 14,600.83 | 🔼 0.66% |
| Bharat Forge Ltd. | 16,473.57 | 16,811.65 | 🔼 2.05% |
Back to Basics
Terms that put you one step ahead – every day
What is Risk Management?
In investing, risk management is the process of identifying, assessing, and controlling potential losses in your portfolio. Think of it like driving a car. You can’t control the weather or other drivers on the road, but you wear a seatbelt and carry insurance. You don’t stop driving entirely; you just protect yourself from severe accidents.
In the stock market, risk management involves using specific strategies to safeguard your money. Common examples include diversifying your investments across different industries, setting stop-loss orders, or balancing volatile stocks with stable bonds. For everyday investors, this practice is essential. It’s not about avoiding risk altogether, because taking some risk is how you earn returns. Instead, it ensures that one bad investment doesn’t wipe out your account, keeping you safely in the market long-term.
Learn more: https://www.share.market/buzz/learn/risk-management/
Corporate Actions
Companies with the ex date and record date on 12 May 2026
| Company | Corporate Action |
| Godrej Consumer Products Ltd. | Interim Dividend, ₹5.00 |
| Gujarat State Petronet Ltd. | Amalgamation |
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.
