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NSE:GLAND 8 January 2026

Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Indian shares fell for a fourth day Thursday, with the Nifty 50 down 0.18% at 26,093.35 and the Sensex off 0.13% by 9:55 a.m., as tariff concerns and foreign outflows persisted. Foreign investors sold $170 million in shares Wednesday, bringing January’s outflows to $694 million. Metals and IT stocks led sector declines. The rupee rose to 89.87 per dollar, reportedly after RBI intervention.

Stock Market Today

  • e.l.f. Beauty Q1 CY2026 Sales Beat Estimates, Shares Surge
    May 20, 2026, 5:06 PM EDT. e.l.f. Beauty (NYSE:ELF) posted a strong Q1 CY2026 with 35.1% year-on-year sales growth to $449.3 million, surpassing analysts' $424.8 million forecast. Adjusted earnings per share of $0.32 also topped expectations by 12.2%. Despite the upbeat quarter, the company issued a full-year revenue guidance of $1.85 billion, slightly below forecasts, and an adjusted EPS forecast missing estimates by 8.6%. Operating margin declined to -11.2%, and free cash flow margin dropped to 22.4%. Market capitalization stands at $3.13 billion. CEO Tarang Amin attributed the growth to strong execution and brand portfolio. With a three-year revenue compound annual growth rate of 41.4%, the company continues to expand but anticipates slower growth ahead. Analysts expect 14.3% revenue growth over the next 12 months, reflecting cautious optimism.

Latest articles

Nvidia Just Raised the AI Bar Again. Thursday’s Stock Move May Be the Real Test

Nvidia Just Raised the AI Bar Again. Thursday’s Stock Move May Be the Real Test

20 May 2026
Nvidia reported record first-quarter revenue of $81.6 billion, up 85% from a year earlier, and forecast $91.0 billion for the second quarter. Shares closed at $223.47, up 1.3%, then slipped to $221.90 in extended trading. The company authorized an additional $80 billion in share buybacks and raised its dividend to 25 cents per share. Data Center revenue rose 92% to $75.2 billion.
RBC Stock Tops 52-Week High Ahead of May 28

RBC Stock Tops 52-Week High Ahead of May 28

20 May 2026
Royal Bank of Canada shares hit a 52-week high of C$257.91 on Wednesday, closing up 1.99% at C$257.55. Fitch upgraded RBC’s legacy senior long-term debt rating to AA+ from AA on May 19. Investors await RBC’s second-quarter results, set for May 28. The S&P/TSX Composite Index rose 0.9% as most sectors advanced.
Arm Jumps 15% as AI CPU Trade Picks Up

Arm Jumps 15% as AI CPU Trade Picks Up

20 May 2026
Arm’s U.S.-listed ADRs jumped 15.1% to $256.73 on Wednesday after Bernstein initiated coverage with an outperform rating and $300 target. The rally came ahead of Nvidia’s results and amid a broader chip stock surge. Arm reported record quarterly revenue and strong demand for its new AGI CPU. Ongoing U.S. antitrust scrutiny and supply constraints remain concerns.
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