Market brief

Riddra Market Brief – 11 May 2026

by Riddra Markets Desk · 11 May 2026

01
National Commission for Women alleges TCS Nashik office non-compliance with POSH Act

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….

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02
Q1 fuel losses could offset full fiscal year earnings for Oil firms

Indian oil companies face significant losses in Q1 due to fuel prices remaining unchanged despite a 50% rise in crude oil costs. Petrol and diesel prices have not increased for two years, while LPG prices were….

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03
Zerodha's Nikhil Kamath advocates for gold-backed stablecoins in India

Nikhil Kamath, Zerodha co-founder, has questioned the long-term viability of dollar-backed stablecoins in India. He proposed exploring gold-backed stablecoins to monetise idle household gold and reduce dependence on dollar-dominated digital financial systems, aligning with India's strategic….

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04
Indian Markets fall after Modi calls for fuel and gold consumption limits

On May 11, 2026, the Nifty 50 and Sensex indices recorded their steepest single-day declines since March 30, falling 1. 49% and 1.

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05
JB Chemicals reports 30% decline in Q4 profit, announces rs 9.30 dividend

JB Chemicals posted a 30% decline in its Q4 profit after tax, while its India business grew 2% year-on-year to ₹526 crore. The company declared a dividend of Rs 9.

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11 May 2026Next brief →

Previous briefs

  • 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.