Sensex Today Ends 516 Points Lower | Nifty Below 24,200 | SBI Plunges 6%

Fri, 8 May Closing

   Previous Close   

   Pre-Open   

   10:30 am   

After opening the day lower, Indian market dragged further as the session progressed and ended the 0.6% lower.

The Indian stock market extended losses for the second consecutive session amid fresh escalations in the war between Iran and US.

At the closing bell, the BSE Sensex  closed lower by 516 points (down 0.6%).

Meanwhile, the NSE Nifty closed 150 points lower (down 0.6%).

Stay updated with real-time market insights, click here to access our Live Blog page.

Titan, Asian Paints and Apollo Hospital among the top gainers today.

SBI, Coal India and Axis Bank on the other hand, were among the top losers today.

The GIFT Nifty was trading at 24,223 down by 175 points at the time of writing.

The BSE 150 Midcap index ended marginally lower and the BSE 250 Smallcap index ended 0.1% higher

Sectoral indices were trading mixed today with stocks in power sector and banking sector witnessing selling pressure. Meanwhile stocks in IT and consumer durables sector witnessed Buying speer.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at 94.44 against the US$.

Gold prices for the latest contract on MCX are trading 0.3% higher at Rs 152,708 per 10 grams.

Meanwhile, silver prices were trading 1.1% higher at Rs 261,525 per 1 kg.

Speaking of stock markets, Rahul Shah highlights that short-term market movements are often noise, and investors should instead focus on long-term wealth creation with a 7-year horizon.

He emphasizes investing in fundamentally strong companies with stable earnings, low volatility, and reasonable valuations to manage risk effectively. He also notes that a disciplined, data-driven approach helps investors avoid emotional decisions and achieve better long-term outcomes.

Watch to know more.

Why Firstsource Solutions Jumped Over 18% Today?

Shares of Firstsource Solutions surged over 18% after the company reported strong results for the March 2026 quarter and FY26.

In the March 2026 quarter, revenue rose 19.5% YoY to Rs 25,835 million (m). Growth remained healthy due to improved operational efficiency and disciplined cost control.

Its EBIT increased 29.8% YoY to Rs 3,143 million, while EBIT margin expanded to 12.2%. Further, the net profit for the quarter grew 27.7% YoY to Rs 2,052 m.

Also, for the full year, the company reported strong numbers.

For FY26, the company's revenue increased 19.7% YoY to Rs 95,564 million. EBIT rose 27.4% YoY to Rs 11,221 million for the year.

Meanwhile, the net profit for the year came in at Rs 7,543 m, up 26.9% YoY.

Firstsource Solutions has guided for healthy growth in FY27, which could continue supporting investor sentiment going forward.

For FY27, the company expects revenue growth of 10% to 13% in constant currency terms. It also expects EBIT margin to remain in the 12.25% to 12.75% range, reflecting continued focus on profitability and operational efficiency.

Healthcare Stocks Shine

Moving on to the healthcare space, shares of leading diagnostics and healthcare service providers such as Metropolis Healthcare, Thyrocare Technologies, Dr Lal PathLabs, and Vijaya Diagnostic Centre were in strong demand today, rallying up to 14% intraday on the BSE.

Among individual movers, Metropolis Healthcare touched a 52-week high of Rs 574.45, gaining 14% during intraday trade on the back of strong volumes.

Meanwhile, Thyrocare Technologies surged 12% to Rs 526.10, supported by heavy trading activity. A total of 10.23 million shares changed hands across the NSE and BSE. The stock also traded close to its 52-week high of Rs 537.43, last seen on November 17, 2025.

Why Titan Shares are Rising

Shares of Titan Company, the Tata Group's fashion and lifestyle accessories company, surged over 6% to hit a 52-week high of Rs 4,585 on the National Stock Exchange (NSE) after the company reported strong March 2026 quarter (Q4FY26) results.

For the quarter, Titan's consolidated total income jumped 46% year-on-year to Rs 203 bn, compared to Rs 138.9 bn in the same period last year. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 28% to Rs 18.8 bn versus Rs 14.7 bn, although EBITDA margin declined by 135 basis points to 9.2% from 10.6%.

Profit after tax (PAT) came in at Rs 11.8 bn in Q4FY26, marking a 35% increase from Rs 8.7 bn in the corresponding quarter of the previous fiscal.

For the full financial year FY26, Titan reported total income of Rs 760.8 bn, up 38% year-on-year, while PAT surged 52% to Rs 50.7 bn.

The company's jewellery segment recorded strong growth, rising 50% to Rs 181.9 bn (excluding bullion and digi-gold sales), reflecting steady consumer demand despite elevated gold prices.

Looking ahead to FY27, he said the company remains optimistic after a strong FY26, but is mindful of macroeconomic volatility and geopolitical uncertainties.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers