Nifty 50, Sensex Ended Lower; NSE Launched Electronic Gold Receipts To Integrate Physical Gold With Financial Markets
- Share.Market
- 11 min read
- 05 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.
Indian equity benchmarks Nifty 50 and Sensex ended lower on May 5, dragged down by escalating geopolitical tensions and reports of fresh attacks between the US and Iran in the Strait of Hormuz. On the sectoral front, the sentiment was mixed, with Nifty FMCG emerging as the sectoral leader and Nifty Realty as the top loser. The rupee also hit a new all-time low of 95.43 against the US dollar.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
TATATECHTata Technologies reported a strong performance for the quarter ended March 31, 2026. The company saw a 15.1% QoQ increase in operating revenue to ₹15,722 million and a 30.7% surge in operating EBITDA. The board also recommended final and special dividends of ₹8.35 and ₹3.35, respectively.
ABCAPITALAditya Birla Capital reported consolidated financial results for FY26, with profit after tax rising 21% year-on-year to ₹3,797 crore. The company showcased strong growth, including a 32% jump in its total lending portfolio to ₹2,07,368 crore and a 14% increase in overall revenue.
M&MMahindra & Mahindra posted impressive financial results, with its Q4 consolidated profit after tax surging 42% to ₹4,668 crore. For the full FY26, consolidated revenue grew 25% to ₹198,639 crore, and the automaker announced a 30% increase in its dividend to ₹33.0 per share.
LTMLTM announced a strategic partnership with Uniphore to develop domain-specific AI solutions. Uniphore’s Business AI Cloud will power LTM’s BlueVerse™ ecosystem, delivering small language models and AI agents tailored for core enterprise workflows across sectors like BFSI, manufacturing, and media.
INFYInfosys completed its acquisition of Optimum Healthcare IT, a recognised digital transformation firm. This strategic addition strengthens Infosys’ presence in the healthcare provider segment, aiming to accelerate AI-powered cloud and data transformations by leveraging Optimum’s domain expertise alongside Infosys Topaz and Cobalt.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty FMCGNIFTY FMCG | +0.64%+327.55 | 51593.55 |
 Nifty AutoNIFTY AUTO | +0.63%+164.40 | 26192.10 |
 Nifty PharmaNIFTY PHARMA | +0.40%+93.40 | 23568.95 |
*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) |
| 04 May 2026 | 2,835.62 | 4,764.16 |
| Month-to-Date | 2,835.62 | 4,764.16 |
What’s Happening Beyond Markets?
- The National Stock Exchange (NSE) has launched Electronic Gold Receipts (EGRs) to integrate physical gold with financial markets. According to the NSE, these dematerialised, gold-backed securities will create a transparent trading ecosystem, ensuring efficient price discovery and boosting retail participation.
- India and Japan held their 3rd Joint Committee Meeting on Healthcare in New Delhi. Discussions focused on combating non-communicable diseases, building resilient medical supply chains, expanding digital health ecosystems, and boosting medical human resource exchange.
- The government has issued an updated, completely paperless standard operating procedure for processing Foreign Direct Investment (FDI) applications. As per the DPIIT, proposals will now be cleared within 12 weeks, streamlining approvals while mandating external affairs clearance for border-country investments.
- India’s automobile sales saw a strong start to FY27, with April passenger vehicle wholesales surging 26% year-on-year. According to a Nomura report, EV adoption is rapidly accelerating across segments, although automakers continue to face margin pressures due to rising commodity costs.
- India’s non-food bank credit grew by a robust 15.9% year-on-year in FY26, reaching ₹213 trillion. As per an ICICI Bank report, this growth was primarily driven by a 16.2% rise in retail lending, fueled by a massive 123% surge in gold loans, alongside strong NBFC borrowing.
Result Update
Track who beat or missed street estimates from the Nifty50
| Stock | Revenue from Operations FY26 (Estimated) | Revenue from Operations FY26 (Actual) | Change |
| Bharat Heavy Electricals Ltd. | ₹33,531.30 cr | ₹33,782.18 cr | 🔼 0.75% |
| Ambuja Cements Ltd. | ₹41,641.55 cr | ₹40,446.04 cr | 🔻 2.87% |
| Computer Age Management Services Ltd. | ₹1,519.81 cr | ₹1,516.24 cr | 🔻 0.23% |
| KEI Industries Ltd. | ₹11,765.44 cr | ₹11,747.7 cr | 🔻 0.15% |
Back to Basics
Terms that put you one step ahead – every day
What is an Annual General Meeting (AGM)?
In the corporate world, an Annual General Meeting (AGM) is a mandatory yearly gathering of a company’s executives, directors, and shareholders. Think of it like a town hall meeting for your city. The mayor (the CEO) updates everyone on what was accomplished, what it cost, and the plans for next year. Then, the residents (the shareholders) get to ask questions and vote on important issues, like electing the city council (the board of directors).
At an AGM, companies review their past financial performance, discuss future strategies, and vote on things like dividend payouts or auditor appointments. For everyday investors, the AGM is your primary opportunity to have a voice. Even if you only own a few shares, you have the right to vote on these major company decisions, either by attending or voting remotely by “proxy.”
Corporate Actions
Companies with the ex date and record date on 07 May 2026
| Company | Corporate Action |
| Oracle Financial Services Software Ltd. | Interim Dividend, ₹270 |
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.
