NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on May 14

The Indian equity benchmarks are set to open higher on Thursday, May 14, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad advanced 90 points to 23,552 despite subdued cues from Asian markets.

The Indian equity benchmarks snapped their four day losing streak on Wednesday powered by gains in heavyweights like Tata Steel, Hindalco, Bharti Airtel, Asian Paints and Bharat Electronics. The SENSEX traded in a band of 1,057 points and NIFTY50 index touched an intraday high of 23,583 and a low of 23,262 before closing with minor gains as investor sentiment turned cautious after rupee hit a new record low of 95.75 against the US dollar.

The NIFTY50 index ended 33 points higher at 23,413 and SENSEX advanced 50 points to close at 74,609.

Asian markets

Most of the Asian markets were trading mixed as crude oil traded above $105 per barrel. Japan's Nikkei advanced 0.15%, China's Shanghai Composite declined 0.8% and Hong Kong's Hang Seng advanced 0.74%.

Wall Street update

Overnight, major US benchmark indices ended at record highs, even though the majority of US stocks fell following another discouraging update on inflation.

Tech heavy Nasdaq advanced 1.2% to close at record high of 26,402.34, Dom Jones Industrial Average declined 0.14% and S&P 500 index fell 0.58%.

FII/DII activity

Foreign institutional investors (FII) sold shares worth ₹4,703.15 crore on Wednesday while domestic institutional investors bought stocks worth ₹5,869.05 crore, as per NSE data.

FIIs have so far this year sold shares worth ₹2,16,210 crore, data from National Securities Depository Limited (NSDL) showed.

Earnings today

As per the BSE list, around 140 companies are slated to release their March quarter (Q4 FY26) numbers today. The list includes names such as JSW Steel, Hindustan Aeronautics (HAL), Muthoot Finance, Tata Motors Passenger Vehicles, Indian Railway Finance Corporation (IRFC), United Spirits, Vishal Mega Mart, Housing & Urban Development Corporation (HUDCO), Voltas, and Siemens Energy India, among others.

Stocks to watch

The move is likely to support global raw and white sugar prices, while creating an opportunity for rival producers such as Brazil and Thailand to increase shipments to buyers across Asia and Africa.

In the corresponding period of the previous fiscal year, it had logged a profit of ₹11,021.8 crore, according to a regulatory filing.

However, its revenue from operations increased 15.68% YoY to ₹55,383.2 crore during the quarter under review, compared with ₹47,876.2 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

Its top line grew on the back of sustained growth in India and robust performance in Africa.

The company's revenue from operations jumped 22% on a year-on-year (YoY) basis to ₹24,452 crore in the January to March quarter, as against ₹19,999 crore seen in Q4 FY25.

The auto major’s operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), surged 36% to ₹3,307 crore as against ₹2,438 crore in the corresponding period last year.

The state-run company reported a 62% jump in consolidated fourth quarter profit (Q4 FY26), helped by higher crude oil production and improved price realisation.

The explorer posted a consolidated profit after tax (PAT) of ₹2,424 crore for Q4 FY26, compared with ₹1,497 crore a year earlier, the company said in a statement.

Further, OIL achieved a standalone PAT of ₹1,790 crore in Q4 FY26 against ₹1,591 crore logged in Q4 FY25.

The Q4 profit rise was supported by a 6% increase in crude oil production and higher crude price realisation at $77.89 per barrel versus $74.46 per barrel in the year-ago quarter.

Full-year consolidated profit rose to ₹7,551 crore from ₹7,040 crore registered in FY25.

The company had posted a profit of about ₹468.4 crore in the same period a year ago.

The company accounted for a charge of ₹24.6 crore during the quarter under review.

In a regulatory filing, the firm stated that the charge -- which relates to government-mandated fees or duties -- was partially offset by a ₹5.5-crore tax benefit. The net impact of this adjustment on the company's bottom line for the quarter, hence, stands at ₹19.1 crore, it said.

The company's revenue from operations increased 5.4% to ₹2,413.7 crore in Q4, as compared to ₹2,289 crore in Q4 FY25.

Seen sequentially, Bharti Hexacom's profit fell 5.7% while revenue rose 2.3%.

The company had reported a PAT (profit after tax) of ₹10.71 crore in the year-ago period, according to a statement.

Consolidated revenue of ₹256.29 crore in the fourth quarter of FY26 was up 26% compared to ₹203.11 crore in the same quarter of the preceding fiscal.

For the full 2025-26 fiscal, consolidated revenue rose by over 20% to ₹1,078.41 crore against ₹895.53 crore in FY25.

Net profit for the full fiscal year was up by 37% at ₹64.30 crore against ₹46.82 crore seen in FY25. EBITDA (earnings before interest, taxes, and amortisation) stood at ₹121.88 crore with a margin of 29.08%.

Zydus Worldwide DMCC, a subsidiary of the company, has signed a definitive agreement through its wholly-owned acquisition arm. Zara Merger Sub Inc., with Assertio Holdings Inc., to acquire all outstanding shares of Assertio for $23.50 per share in cash, Zydus Lifesciences Ltd said in a statement.

It represents total consideration of approximately $166.4 million on a fully diluted basis, calculated using the treasury stock method, it added.

Assertio is a US-based pharmaceutical company focused on speciality and oncology supportive care therapies.

The acquisition provides Zydus with an established US speciality oncology commercial platform, anchored by Assertio's presence in oncology supportive care, the statement said.

The company had posted a consolidated net profit of ₹481.96 crore in the year-ago period.

The total income of the PSU rose to ₹5,197.22 crore from over ₹3,971.90 crore in the year-ago period, NLC India said in a filing to the BSE.

The total expenses of the PSU increased to ₹4,327.14 crore from over ₹3,880.46 crore in the year-ago period.

The company said its board approved the final dividend of 2.50% for 2025–26, subject to a CAG audit and approval by members at the ensuing annual general meeting.

NLCIL is a public sector company engaged in lignite mining and power generation. NLCIL has diversified into renewable energy and coal mining businesses in India and abroad.

Its net profit stood at ₹61.12 crore in the year-ago period.

The total income rose to ₹1,195.22 crore in the January-March period of the last fiscal from ₹570.43 crore a year ago, according to a regulatory filing.

The company posted an exceptional gain of ₹1,267 crore during the fourth quarter of the last fiscal year.

During the 2025-26 fiscal year, the company's profit jumped to ₹1,094.64 crore from ₹101.2 crore in the preceding year.

Its total income rose to ₹2,778.85 crore in FY26 from ₹2,637.99 crore in 2024–25.

The company had posted a consolidated profit after tax (PAT) of ₹29.23 crore in the corresponding quarter of the previous fiscal year, Metropolis Healthcare Ltd said in a statement.

Consolidated revenue from operations in the fourth quarter of the previous fiscal year stood at ₹424.68 crore as compared to ₹345.29 crore in the year-ago period.

Total expenses in the quarter under review were higher at ₹363.19 crore as compared to ₹316.22 crore in the year-ago period, the company said.

The board has approved a second dividend of ₹1 per share for the 2025-26 financial year, it added.

The company had posted a consolidated net profit of ₹171.74 crore in the corresponding quarter of the previous fiscal year, Crompton Greaves Consumer Electricals Ltd said in a regulatory filing.

In the quarter that ended on March 31, 2026, the holding company acknowledged a loss of ₹716.04 crore on its investment in its important subsidiary Butterfly Gandhimathi Appliances Ltd (Butterfly) and the trademarks it bought on March 30, 2022, which reduced the value of goodwill and other related intangible assets, according to the filing.