Market brief
Riddra Market Brief – 12 May 2026
by Riddra Markets Desk · 12 May 2026
Key highlights
- Magnus Steel & Infra shares surge on Tata Motors supply deal.
- Tata Motors' Commercial vehicle segment shows signs of recovery in Q4.
- SBI market value drops over $11 billion amid margin pressure and earnings concerns.
- National Commission for Women alleges TCS Nashik office non-compliance with POSH Act.
- S&P 500 edges higher as ai boosts semiconductor stocks amid inflation concerns.
Magnus Steel & Infra's stock price rose to ₹193 on May 11, driven by its new steel supply contract with Tata Motors. The company has ongoing orders worth ₹32.
Read article →Tata Motors' commercial vehicle business is set for a strong Q4, with analysts expecting volume growth and margin improvement. The recovery is supported by rising fleet replacement demand and increased freight activity, indicating a positive trend….
Read article →State Bank of India experienced a market value decline of over $11 billion in two trading sessions due to margin squeeze and disappointing earnings. NSE data indicated significant call option writing at the 1,000 strike price….
Read article →The National Commission for Women has accused Tata Consultancy Services' Nashik office of zero compliance with the POSH Act. The report highlights multiple failures, including a lack of empathy or sympathy towards women who raised complaints….
Read article →The S&P 500 index closed modestly higher, led by semiconductor stocks benefiting from AI momentum. Despite rising crude prices and stalled US-Iran negotiations fueling inflation concerns, over 80% of S&P 500 companies reported earnings above estimates.
Read article →Previous briefs
11 May 2026
Riddra Market Brief – 11 May 2026- National Commission for Women alleges TCS Nashik office non-compliance with POSH Act.
- Q1 fuel losses could offset full fiscal year earnings for Oil firms.
- Zerodha's Nikhil Kamath advocates for gold-backed stablecoins in India.