Stocks to Watch Today, 7 May 2026: Bajaj Auto Buyback, Paytm Profit Return, BSE Results and More

Stocks to watch today on 7 May 2026 span a wide range of triggers from Q4 FY26 earnings results going live at today’s board meetings, to a landmark buyback announcement from Bajaj Auto, to Paytm’s historic return to profitability, to a scheduled corporate action ex-date for Oracle Financial Services. After Wednesday’s historic 298-point Nifty rally on the US-Iran MoU development and Brent crude’s 7 per cent collapse to near $99.58 per barrel, markets enter Thursday’s session with GIFT Nifty trading at 24,445 as of early morning, signalling a cautiously positive to flat opening. Univest research analysts Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director, have compiled the key stocks to watch today, covering the full spectrum of event-driven setups that will define Thursday’s session.

The stocks to watch today are a mix of Q4 results catalysts (BSE, Bharat Forge, Pidilite, Lupin, Dabur), corporate action stories (Oracle Financial Services ex-dividend, Bajaj Auto buyback), and earnings-reaction plays from results declared Wednesday after market hours (Bajaj Auto, Paytm, Radico Khaitan). Each stock to watch today has a specific, identifiable catalyst rather than generic momentum, making this one of the most catalyst-dense sessions of the Q4 FY26 results season.

Stocks to Watch Today, Quick Reference: 7 May 2026

1. Bajaj Auto, Q4 Results + Rs 5,633 Crore Buyback at Rs 12,000 Per Share

Bajaj Auto is the most significant stock to watch today because Wednesday’s board meeting delivered a triple headline: record Q4 FY26 results, a Rs 150 per share dividend, and a share buyback at Rs 12,000 per share with a total consideration of up to Rs 5,633 crore. The buyback price of Rs 12,000 represents a 16 per cent premium to the current market price of approximately Rs 10,340, making this one of the most shareholder-friendly capital return announcements in the current earnings season and the primary reason Bajaj Auto is the top stock to watch today.

On a standalone basis, Q4 FY26 revenue from operations came in at Rs 16,006 crore, up 32 per cent year on year, driven by record quarterly volumes of 13.71 lakh units. EBITDA grew 36 per cent year on year to Rs 3,323 crore with a margin of 20.8 per cent up 60 basis points over the same quarter last year. Profit after tax hit Rs 2,746 crore, up 34 per cent year on year, the highest ever for any single quarter in Bajaj Auto’s history. For the full year FY26, consolidated PAT reached Rs 10,744 crore, up 47 per cent year on year, aided by the consolidation of KTM AG following Bajaj Auto’s acquisition of a controlling stake in November 2025.

The buyback will be conducted via the tender offer route and is subject to shareholder approval. The buyback price of Rs 12,000 compares with Bajaj Auto’s 52-week high of Rs 10,480.65 and the current market price of approximately Rs 10,340, implying traders who participate in the buyback tender stand to capture a meaningful premium over the current price. This dynamic makes Bajaj Auto a stock to watch today for both buyback arbitrageurs and momentum traders. The record date for the buyback will be determined separately. Trading restrictions for designated persons were in place from April 1 to May 8, 2026 under standard insider-trading compliance.

2. BSE Ltd: Q4 FY26 Results and Analyst Investor Call Today

BSE Ltd is among the most closely watched stocks to watch today because the company’s board meets on 7 May 2026 to approve Q4 FY26 and full-year FY26 audited results, followed by an analyst and investor call post results. BSE has an earnings date of today per Investing.com’s earnings calendar, which also notes a prior earnings surprise of plus 9.14 per cent EPS and plus 0.48 per cent revenue surprise, suggesting the company has a recent track record of beating estimates. The stock’s 52-week range runs from Rs 4,000 to Rs 6,500 approximately, and with BSE subsidiaries merged into BSE Technologies effective April 23, 2026, Thursday’s results will be the first full-year numbers reflecting the post-restructuring entity.

Kunal Singla, Associate Director at Univest, notes that BSE Ltd is a stock to watch today specifically for the dividend announcement and any guidance on the Sensex derivatives franchise following the Sebi-mandated changes to the equity derivatives framework that took effect in late 2025. BSE’s transaction revenue from its derivatives segment was the primary growth driver in H1 FY26. Any guidance on volumes and market share in equity derivatives for FY27 will be the most market-moving element of today’s analyst call. Watch the Rs 5,100 to Rs 5,500 range as the key intraday zone once results are announced.

3. Bharat Forge: Q4 FY26 Board Meeting Today; Dividend on the Agenda

Bharat Forge is a stock to watch today as its board meets on 7 May 2026 to approve Q4 FY26 and FY26 audited financial results and to consider a final dividend for FY26. Bharat Forge’s share price stood at Rs 1,866.60 as of May 5, 2026, with a 52-week high of Rs 1,949.90 and a 52-week low of Rs 1,080, reflecting the stock’s recovery trajectory over the past year. Analysts have a target price of Rs 1,910 on the stock, per recent brokerage notes, placing the current price at a small discount to analyst consensus.

The company’s aerospace ambitions are an underappreciated catalyst for this stock to watch today. Bharat Forge’s subsidiary BFISL acquired a 90 per cent stake in RS Aerostructures to expand its aerospace portfolio, and the defence and aerospace segment has been growing faster than the core auto forging business. Ankit Jaiswal, Senior Research Analyst at Univest, notes that any increase in the final dividend or commentary on the German subsidiary BF CDP’s restructured steel forging operations will be the key variable for Bharat Forge’s price reaction as a stock to watch today. The Rs 1,850 to Rs 1,950 band is the key range to monitor post-results.

4. Paytm (One97 Communications): Profit Returns in Q4 FY26; Consolidation Zone Rs 1,050–1,150

Paytm or One97 Communications is among the most sentiment-charged stocks to watch today after the company returned to profitability in Q4 FY26, reporting a net profit of Rs 183 crore against a loss in the prior-year quarter. Revenue jumped 18.4 per cent year on year to Rs 2,264 crore. This is a landmark development for Paytm as a stock to watch today: the company’s journey from its post-RBI action crisis in early 2024 to delivering a profit quarter in Q4 FY26 represents a significant rehabilitation of its fundamental narrative.

However, technical analysts note that Paytm continues to consolidate in the Rs 1,050 to Rs 1,150 band and has been range-bound for the past seven sessions according to YES Securities analyst Laxmikant Shukla. The resistance at Rs 1,150 and support at Rs 1,050 are the levels to monitor as the results reaction plays out on Thursday. Kunal Singla, Associate Director at Univest, observes that Q4 profitability for Paytm is a necessary but not sufficient condition for a structural re-rating. Investors will want to see Q1 FY27 guidance confirming that the profit is not a one-quarter phenomenon before pricing in a sustained re-rating. As a stock to watch today, the breakout or breakdown from the Rs 1,050 to Rs 1,150 range on elevated volumes will be the key intraday signal.

5. Oracle Financial Services Software: Ex-Dividend Date Today

Oracle Financial Services Software is a stock to watch today because its shares trade ex-date for dividend on 7 May 2026. On ex-dividend days, the stock’s opening price adjusts downward approximately equal to the dividend amount, creating a predictable opening price dislocation. Traders who held Oracle Financial Services shares as of Wednesday’s close will receive the dividend, while those buying Thursday’s open will not be eligible. This is a standard corporate action that makes Oracle Financial Services a stock to watch today for institutional holders managing the ex-dividend impact and for traders calculating the adjusted price support levels post-ex-date.

Ankit Jaiswal, Senior Research Analyst at Univest, notes that ex-dividend stocks can present intraday opportunities if the price gap-down at the open is larger than the actual dividend amount, creating a temporary mispricing. Oracle Financial Services is a high-quality IT services company with strong banking software franchise value and any ex-dividend gap-down that overshoots the dividend amount is typically recovered within the session.

6. Pidilite Industries: Q4 FY26 Board Meeting Today

Pidilite Industries is a stock to watch today as the company’s board meets to declare Q4 FY26 results. Pidilite, the maker of Fevicol and a dominant player in adhesives, sealants, and construction chemicals, has been a consistent compounder and typically reports steady volume growth with stable operating margins. With Brent crude falling below $100 per barrel on Wednesday’s Iran MoU development, Pidilite’s input cost environment partly linked to vinyl acetate monomer and petrochemical derivatives improves meaningfully. Crude sub-$100 is a direct input cost tailwind for Pidilite and makes Thursday’s results a stock to watch today for both the reported Q4 numbers and the forward margin commentary from management.

The Rs 2,700 to Rs 2,850 zone is the key trading range for Pidilite as a stock to watch today. A strong Q4 print with management guidance on demand recovery in the construction sector for FY27 could push the stock toward the upper end of that range.

7. Lupin: Q4 FY26 Board Meeting Today

Lupin is a stock to watch today because the pharma major’s board meets on 7 May 2026 to approve Q4 FY26 results. Lupin has been one of the better-performing large-cap Indian pharma names in the current year, benefiting from strong US generics approvals, a recovery in domestic branded formulations, and improving margins from operating leverage. Nifty Pharma was one of the outperforming sectors in Wednesday’s rally, suggesting institutional rotation into defensives-turned-cyclicals is supporting pharma stocks. Any positive surprise in Lupin’s US business revenue or EBITDA margin for Q4 FY26 makes this a stock to watch today with potential gap-up at the open.

The Rs 2,100 to Rs 2,250 band is the key intraday monitoring range for Lupin as a stock to watch today. Traders should watch for volume confirmation above the 15-minute candle close before taking directional positions post-results.

8. Dabur India: Q4 FY26 Board Meeting Today

Dabur India is a stock to watch today as Thursday’s board meeting will deliver Q4 FY26 results. Dabur, a consumer staples and FMCG heavyweight, had been facing volume pressure in its domestic business through Q2 and Q3 FY26 due to subdued rural consumption. Q4 FY26 is expected to show sequential improvement in rural demand given the strong Rabi crop season and improving income levels in rural India. Wednesday’s broader FMCG underperformance versus cyclicals in the Iran-MoU rally was a sector rotation signal but Q4 results that beat estimates could provide Dabur with a stock-specific catalyst that overrides the defensive rotation headwind.

Dabur’s dividend history and consistent cash flow generation make it attractive to yield-seeking investors. Any increase in the final dividend announced alongside Q4 FY26 results would be an additional positive for Dabur as a stock to watch today. The Rs 530 to Rs 560 range is the key intraday zone.

9. Radico Khaitan: PAT Jumps 95 Per Cent YoY in Q4 FY26

Radico Khaitan is among the most impressive earnings-reaction stocks to watch today after the alcobev major reported a 95 per cent year-on-year jump in net profit to Rs 179.5 crore for Q4 FY26, with revenue up 15.3 per cent year on year to Rs 1,503.7 crore. EBITDA surged 60.3 per cent year on year to Rs 284.5 crore with margins improving to 18.9 per cent for the quarter. The company also announced a dividend of Rs 9 per share. A 95 per cent PAT jump is the kind of outlier earnings print that typically triggers significant institutional buying in the opening 30 minutes, making Radico Khaitan a stock to watch today for momentum traders.

The alcobev sector benefits from crude oil falling below $100 indirectly through improved consumer discretionary spending as fuel cost relief filters into household budgets. Radico Khaitan’s premium whisky and IMFL portfolio positions it to capture any uptick in discretionary alcohol spending in FY27. The Rs 1,850 to Rs 1,950 band is the key zone for Radico Khaitan as a stock to watch today, with the first 15-minute candle volume the primary entry confirmation signal.

10. PB Fintech (Policybazaar): PAT Surges 53.5 Per Cent YoY in Q4 FY26

PB Fintech, the parent company of Policybazaar and Paisabazaar, rounds out the stocks to watch today list after reporting a 53.5 per cent year-on-year surge in net profit to Rs 261 crore for Q4 FY26. Revenue jumped 36.7 per cent year on year to Rs 2,061 crore, while EBITDA increased 94.3 per cent year on year to Rs 218 crore with margins expanding to 10.6 per cent. Total premium for the quarter stood at Rs 9,217 crore, up 46 per cent year on year a metric that directly reflects the increasing penetration of digital insurance distribution in India.

Ankit Jaiswal, Senior Research Analyst at Univest, notes that PB Fintech’s 94.3 per cent EBITDA growth is the most significant element of Wednesday’s results as a stock to watch today: the company is crossing into a phase of operating leverage where revenue growth is flowing disproportionately to the bottom line. The Rs 1,700 to Rs 1,800 range is the key intraday zone for PB Fintech as a stock to watch today. Watch for FII buying in PB Fintech’s F&O futures as a confirmation signal given the company’s strong FII ownership base and the magnitude of the earnings beat.

Market Overview and Global Cues for Stocks to Watch Today

Thursday’s market backdrop for all stocks to watch today is shaped by the following macro variables. GIFT Nifty was trading at 24,445 as of 8:58 AM IST on 7 May 2026, implying a gap-up open of approximately 114 points above Wednesday’s Nifty close of 24,330.95 a constructive but measured start for the session. Brent crude’s sustained position near $99.58 per barrel overnight confirms that the Iran MoU framework is holding, removing the primary macro headwind that had depressed oil-linked stocks and sector margins since February 2026.

• GIFT Nifty at 24,445 (8:58 AM IST, 7 May 2026): Signals a gap-up opening of approximately 100 to 115 points above the 24,330.95 Nifty 50 close. This constructive opening benefits all stocks to watch today with positive Q4 catalysts.
• Brent Crude Sub-$100: Crude holding below $100 at Thursday’s Asia open is a direct positive for oil-linked stocks on the stocks to watch today list, including Pidilite (input cost relief) and is the macro foundation for Wednesday’s 298-point Nifty rally.
• FII Turning Net Buyers in May: Month-to-date FII inflows of Rs 2,835.62 crore represent a decisive reversal from April’s Rs 44,281 crore in net selling. This institutional tailwind improves the risk-reward for all stocks to watch today with earnings beats.
• India VIX: India VIX was expected to decline sharply from the 21 to 22 zone toward 17 or below on Wednesday’s close following the Iran MoU. A VIX at or below 17 confirms lower systemic risk and supports fuller position sizing in stocks to watch today.
• Q4 FY26 Earnings Season Momentum: Wednesday’s session was driven as much by Q4 earnings quality M&M PAT up 42%, Coforge PAT up 144.8% QoQ as by the Iran macro catalyst. Thursday’s stocks to watch today carry similarly high earnings quality signals from Bajaj Auto, Radico, and PB Fintech.

Corporate Actions on 7 May 2026: What Traders Need to Know

Two corporate actions directly affect the stocks to watch today list. Oracle Financial Services Software shares trade ex-date for dividend on 7 May 2026, creating the standard opening price adjustment downward equal to the dividend quantum. Traders holding the stock since Wednesday’s close are entitled to the dividend; buyers at Thursday’s open are not. The second corporate action is EFC (I) shares trading ex-date for rights issue on 7 May 2026. Rights issue ex-dates create a similar opening price adjustment mechanism and make EFC (I) a stock to watch today for traders who held the stock and are eligible for rights participation.

Trading Strategy for Stocks to Watch Today

• Earnings-Reaction Stocks Need 15-Minute Candle Confirmation: For Bajaj Auto, Radico Khaitan, and PB Fintech all with strong Q4 beats declared after Wednesday’s close do not buy the gap-up open blindly. Wait for the first 15-minute candle to close above the gap-up level with volume at least twice the 10-day average before entering any stocks to watch today with earnings catalysts.
• Results-Day Stocks Are Binary: BSE, Bharat Forge, Pidilite, Lupin, and Dabur all announce Q4 results on Thursday. Avoid entering directional positions in these stocks to watch today before results, as the gap direction is unpredictable. Enter only after results are out and the gap is confirmed.
• Buyback Arbitrage in Bajaj Auto: The Bajaj Auto buyback at Rs 12,000 per share versus the current market price of approximately Rs 10,340 creates a clear arbitrage opportunity for long-term holders. Day traders should note that buyback arbitrage requires holding through the record date and tendering in the open offer, not an intraday trade. For intraday purposes, Bajaj Auto as a stock to watch today is a momentum long on gap-up confirmation.
• Iran MoU as the Override Signal: All stocks to watch today are subject to the Iran MoU binary. A formal Iran denial of the deal framework would reverse Wednesday’s crude oil collapse and trigger a market-wide selloff that overrides individual Q4 earnings catalysts. Monitor Iran news headlines continuously as the primary macro override for all stocks to watch today.

Conclusion

Thursday’s stocks to watch today list is the richest single-session catalyst calendar of the Q4 FY26 results season. Bajaj Auto’s triple headline record earnings, a Rs 150 dividend, and a Rs 12,000 per share buyback makes it the standout stock to watch today by catalyst magnitude. BSE Ltd and Bharat Forge bring fresh results risk to the session, while Paytm’s return to profitability is a narrative milestone for the new-age fintech sector. Oracle Financial Services’ ex-dividend and EFC (I)’s rights issue ex-date add corporate action dynamics. Radico Khaitan’s 95 per cent PAT surge and PB Fintech’s 53.5 per cent profit growth round out a session where earnings quality is exceptional across the stocks to watch today.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, advise traders to use GIFT Nifty’s 24,445 level as the positive baseline for the session, apply 15-minute candle volume confirmation before entering any stocks to watch today with gap-up opens, and maintain Iran news monitoring as the real-time macro override. The single most important variable for all stocks to watch today as with Wednesday’s historic session remains the status of the US-Iran MoU framework at Thursday’s open.

Disclaimer: This article is for educational and informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other type of advice. Univest and its analysts are SEBI-registered research analysts (SEBI RA: INH000012449). Stock market investments are subject to market risks. Past performance is not indicative of future results. The stocks to watch today, price levels, and analysis mentioned in this article are based on publicly available data and analyst assessments at the time of writing and may change without notice. Readers are advised to consult a SEBI-registered financial advisor before making any investment decisions.

FAQs

Which are the top stocks to watch today on 7 May 2026?

The top stocks to watch today on 7 May 2026, as highlighted by Univest research analysts Ankit Jaiswal and Kunal Singla, are: Bajaj Auto (Q4 PAT +34% YoY, Rs 12,000 buyback, Rs 150 dividend), BSE Ltd (Q4 results board meeting today), Bharat Forge (Q4 results board meeting today), Paytm or One97 Communications (PAT Rs 183 crore, first profitable quarter), Oracle Financial Services (ex-dividend date), Pidilite Industries (Q4 results today), Lupin (Q4 results today), Dabur India (Q4 results today), Radico Khaitan (PAT +95% YoY), and PB Fintech (PAT +53.5% YoY). Each of these stocks to watch today has a specific, identifiable catalyst rather than generic momentum.

Why is Bajaj Auto the most important stock to watch today?

Bajaj Auto is the most important stock to watch today because Wednesday’s board meeting delivered three major shareholder-positive announcements simultaneously: Q4 FY26 PAT of Rs 2,746 crore, up 34 per cent year on year the highest ever quarterly profit in Bajaj Auto’s history; a final dividend of Rs 150 per share representing 1,500 per cent of face value; and a share buyback at Rs 12,000 per share with a total consideration of up to Rs 5,633 crore, representing a 16 per cent premium to the current market price. The combination of record earnings, maximum dividend, and buyback premium makes Bajaj Auto the most consequential stock to watch today in terms of capital return to shareholders.

What does GIFT Nifty at 24,445 indicate for stocks to watch today?

GIFT Nifty at 24,445 as of 8:58 AM IST on 7 May 2026 implies an opening gap-up of approximately 100 to 115 points above the Nifty 50’s Wednesday close of 24,330.95. This positive GIFT Nifty reading suggests global overnight sentiment on the Iran MoU has held constructively and that stocks to watch today with positive Q4 catalysts are likely to open higher. However, traders should wait for the cash market open at 9:15 AM IST and the first 15-minute candle before acting on any stocks to watch today, as GIFT Nifty direction can shift on fresh Iran news between 6:30 AM and 9:15 AM IST.

What is the Paytm Q4 FY26 result and why is it a stock to watch today?

Paytm or One97 Communications returned to profitability in Q4 FY26 with a net profit of Rs 183 crore, compared to a loss in the prior year quarter. Revenue grew 18.4 per cent year on year to Rs 2,264 crore. This is a landmark development making Paytm a stock to watch today: the company has completed its post-RBI crisis recovery and delivered its first profit quarter in several years. However, technical analysts note that Paytm’s stock has been consolidating between Rs 1,050 and Rs 1,150 for the past seven sessions and the resistance at Rs 1,150 is the level to watch for a breakout confirmation on Thursday’s session.

How should traders approach stocks to watch today with results due?

For stocks to watch today that are announcing Q4 FY26 results on Thursday itself BSE, Bharat Forge, Pidilite, Lupin, Dabur the correct approach is to avoid entering directional positions before results are announced. Results-day stocks can move sharply in either direction and the gap direction is unpredictable. Wait for results to be declared, assess the Q4 numbers against street estimates, and enter only on the first 15-minute candle after results are published with volume at least twice the 10-day average as confirmation. Use defined stop losses based on the entry candle’s low and never chase stocks to watch today at extended gap levels without volume confirmation.

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