Stock To Watch Today (May 8, 2026): Indian equity markets erased most of their early gains on Thursday, May 7, as profit booking in the final trading hours pushed benchmark indices to end almost unchanged.

Both the BSE Sensex and Nifty 50 opened higher and traded firmly during the first half of the session, supported by optimism over possible easing of tensions between the United States and Iran. However, selling pressure in the later part of the day weakened market sentiment and wiped out most intraday gains.

Despite the flat closing in benchmark indices, broader markets continued to perform strongly. The Nifty Midcap 100 index gained 1%, while the Nifty Smallcap 100 index advanced 0.8%, indicating continued buying interest in mid and small-cap stocks.

Stock To Watch Today (May 8, 2026)

BSE

BSE reported a strong fourth-quarter performance, with consolidated net profit rising 61.3% year-on-year to ₹797.3 crore, compared to ₹494.4 crore in the same quarter last year.

Lenskart Solutions

According to media reports, a block deal involving eyewear company Lenskart Solutions Ltd was initiated for the possible sale of 7.2 crore shares. The transaction is estimated at ₹3,293.6 crore at a price of ₹470 per share.

Cochin Shipyard

Cochin Shipyard announced that its wholly owned subsidiary, Udupi Cochin Shipyard, secured a major order from Ocean Sparkle, an Adani Group company. The contract involves building four ASD tugboats with a 70-tonne bollard pull capacity.

Britannia

Britannia Industries posted a 21.6% year-on-year rise in consolidated net profit for the March quarter. The company's profit increased to ₹679.68 crore from ₹559.13 crore in the same period last year.

PNC Infratech

PNC Infratech said it emerged as the L1 bidder for an EPC project awarded by the Lucknow Development Authority. The project carries a quoted bid value of ₹194.40 crore and involves the construction of a four-lane flyover.

Kotak Mahindra Bank

Kotak Mahindra Bank received approval from the Reserve Bank of India to acquire up to a 9.99% stake in multiple lenders, including City Union Bank, Jammu and Kashmir Bank, and South Indian Bank.

NTPC

NTPC announced plans to acquire the Municipal Corporation of Delhi's 26% stake in NTPC EDMC Waste Solutions. After the acquisition, the entity will become a wholly owned subsidiary of NTPC.

SBI

State Bank of India is scheduled to announce its Q4 FY26 earnings between 1:30 pm and 3:30 pm. The bank's executive committee will also meet on May 12 to discuss raising up to $2 billion, or nearly ₹16,700 crore, through foreign currency bonds via public offering or private placement.

Titan

Titan Company is set to announce its March quarter earnings today. Investors will closely monitor demand trends in the jewellery and wearable segments.

MCX

Multi Commodity Exchange of India Ltd is expected to announce its Q4 FY26 results after market hours.

Tata Consumer

Tata Consumer Products Ltd will also declare its fourth-quarter earnings after market hours.

V-Mart Retail

V-Mart Retail reported a sharp decline in profitability during the March quarter. The retailer's consolidated net profit dropped 39.1% year-on-year to ₹11.3 crore, compared with ₹19 crore in the corresponding quarter last year.