29/05/26, SENSEX GRAPH

 

29/05/26, Gold price today on 29 May: Gold rate dropped on the MCX on Friday, 29 May, morning due to profit booking, amid persisting uncertainty and doubts over a potential US-Iran ceasefire extension.

The uncertainty has kept oil prices lower as the US-Iran ceasefire extension awaits US President Donald Trump's approval. Any rejection by Trump could drag the war out further and heighten inflation fears, raising the possibility of near-term interest rate hikes.

MCX gold June futures were 0.18% down at ₹1,57,410 per 10 grams, while MCX silver July futures were 0.45% down at ₹2,69,170 per kg around 9:19 am.

The focus of global market participants is on a resolution to the ongoing dispute between the US and Iran. Any improvement in the situation is bound to provide much-needed respite from the rising inflation and commodity prices.

Important geopolitical developments

Asia-Pacific markets traded higher on Friday as Washington and Tehran moved closer to a temporary agreement to halt their three-month conflict, according to a CNBC report. More developments and clarity on the situation are awaited. Japan's Nikkei 225 rose 0.88%, while the Topix index added 0.53%. South Korea's Kospi jumped 2.68%.

Exxon warns oil inventories will hit dangerously low levels in weeks

In another CNBC report, experts warned that oil inventories will fall to dangerously low levels in the coming weeks, forcing prices to shoot higher. Oil inventories will hit "really, really low levels" in the coming weeks due to the Middle East conflict, stated Exxon Mobil executive Neil Chapman.

Iran reportedly launches missiles, as Trump mulls deal

Iran's armed forces fired missiles at unidentified targets late Thursday local time, the state media outlet Fars reported. The latest military action in southern Iran came hours after the Pentagon said that Iran had launched a ballistic missile toward Kuwait and deployed attack drones in and around the strait.

Here are the most recent price changes in gold and silver across various cities in India.

Gold Prices in Mumbai - 29 May

24 karat gold rate in Mumbai - ₹157,210/10 gm

22 karat gold rate in Mumbai - ₹144,027/10 gm

Silver 999 Fine rate in Mumbai - ₹268,950/1 kg

Gold Prices in New Delhi - 29 May

24 karat gold rate in New Delhi - ₹156,810/10 gm

22 karat gold rate in New Delhi - ₹143,7430/10 gm

Silver 999 Fine rate in New Delhi - ₹268,350/1 kg

Gold Prices in Bengaluru - 29 May

24 karat gold rate in Bengaluru - ₹157,200/10 gm

22 karat gold rate in Bengaluru - ₹144,100/10 gm

Silver 999 Fine rate in Bengaluru - ₹269,030/1 kg

Gold Prices in Kolkata - 29 May

24 karat gold rate in Kolkata - ₹156,870/10 gm

22 karat gold rate in Kolkata - ₹143,798/10 gm

Silver 999 Fine rate in Kolkata - ₹268,460/1 kg

Gold Prices in Hyderabad - 29 May

24 karat gold rate in Hyderabad - ₹157,330/10 gm

22 karat gold rate in Hyderabad - ₹144,219/10 gm

Silver 999 Fine rate in Hyderabad - ₹269,240/1 kg

Gold Prices in Chennai - 29 May

24 karat gold rate in Chennai - ₹157,530/10 gm

22 karat gold rate in Chennai - ₹144,403/10 gm

Silver 999 Fine rate in Chennai - ₹269,600/1 kg

Report: The Mint 

29/05/26, Q4 Results List

An array of companies will declare their earnings for the quarter ended March 31, 2026, on Friday, May 29. The list includes paintmaker Asian Paints, IndiGo operator InterGlobe Aviation, iron ore producer NMDC, pharma player Glenmark Pharma, fertiliser and chemical manufacturer Fertilisers and Chemicals Travancore, drug maker Ipca Laboratories, renewable projects financer Indian Renewable Energy Development Agency, liquid and gas logistics solutions provider Aegis Logistics, pharmaceutical company Natco Pharma, wind energy solutions provider Inox Wind, pharmaceutical formulations company Rubicon Research and heavy equipment maker BEML.

CNC machine tool manufacturer Jyoti CNC Automation, industrial air compressor manufacturer Ingersoll Rand (India), steel producer NMDC Steel, financial services group JM Financial, mining consumables maker Tega Industries, biopharmaceutical firm Concord Biotech, automotive components manufacturer Lumax Auto Technologies, alcoholic beverage company Tilaknagar Industries, electric bus manufacturer Olectra Greentech, industrial conglomerate Swan Corp, maritime logistics company Shreeji Shipping Global and wind power operation and maintenance service provider Inox Green Energy Services, among others, will also announce earnings on May 29.

Q4 results on May 29, 2026; check list

• Asian Paints
• Interglobe Aviation
• NMDC
• Glenmark Pharma
• Fertilisers and Chemicals Travancore
• Ipca Laboratories
• Indian Renewable Energy Development Agency
• Gujarat Gas
• Aegis Logistics
• Natco Pharma
• Inox Wind
• Rubicon Research
• BEML
• Jyoti CNC Automation
• Ingersoll Rand (India)
• NMDC Steel
• JM Financial
• Tega Industries
• Concord Biotech
• Lumax Auto Technologies
• Tilaknagar Industries
• Olectra Greentech
• Swan Corp
• MMTC
• Triveni Engineering and Industries
• Mishra Dhatu Nigam
• Shreeji Shipping Global
• Bengal and Assam Company
• Kingfa Science & Technology
• Sunflag Iron and Steel Company
• Inox Green Energy Services
• Valor Estate
• Ganesh Housing
• Lancer Containers Lines
• Gujarat Alkalies and Chemicals
• Knowledge Marine & Engineering Works
• Jamna Auto Industries
• AvenuesAI
• Rattanindia Enterprises
• Bajaj Hindusthan Sugar
• Premier Explosives
• TARC
• KNR Constructions
• Steel Strips Wheels
• GRM Overseas
• Gufic Biosciences
• Kitex Garments
• MSTC
• Panacea Biotec
• Kernex Microsystems (India)
• Gujarat Industries Power Co.
• Fischer Medical Ventures
• Kalyani Investment Company
• NIBE
• Panama Petrochem
• Tasty Bite Eatables
• Hinduja Global Solutions
• SBC Exports
• GOCL Corporation
• EMS
• Rico Auto
• Spice Lounge Food Works
• KMC Speciality Hospitals
• Pashupati Cotspin
• BF Investment
• Sumeet Industries
• Gyftr
• ICE Make Refrigeration
• Everest Kanto Cylinder
• Antony Waste Handling Cell
• Hardwyn India
• Salasar Techno Engineering
• BHARAT GLOBAL DEVELOPERS
• The Hi-Tech Gears
• Blue Pearl Agriventures
• 3B BlackBio Dx
• Wanbury
• Mamata Machinery
• Genesys International Corporation
• Bhartiya International
• Oricon Enterprises
• Virtuoso Optoelectronics
• Emkay Tools
• Wealth First Portfolio Managers
• Prime Securities
• Vadilal Enterprises
• Arihant Foundations and Housing
• Osel Devices
• Deccan Cements
• Maan Aluminium
• IST
• DPSC
• SAL Steel
• Prozone Realty
• Mcleod Russel (India)
• NCL Industries
• Sandesh
• Anlon Healthcare
• INNOVASSYNTH TECHNOLOGIES (INDIA)
• PRAVEG
• PVP Ventures
• Shree Vasu Logistics
• Jayant Agro-Organics
• FEDDERS HOLDING
• Unihealth Hospitals
• Agarwal Industrial Corporation
• Polo Queen Industrial and Fintech
• Kinetic Engineering
• SMT Engineering
• CWD
• Davangere Sugar Company
• Azad India Mobility
• Chandan Healthcare
• Peninsula Land
• Munjal Showa
• Basilic Fly Studio
• Repro India
• Zee Media Corporation
• GFL
• HT Media
• Pansari Developers
• Sical Logistics
• JD Cables
• Universus Photo Imagings Limit
• HALEOS LABS
• Mangalam Organics
• GVK Power & Infrastructure
• Shish Industries
• Sarveshwar Foods
• Rushil Decor
• Kalyani Cast-Tech
• Globe International Carriers
• ABM Knowledgeware
• Vishnusurya Projects And Infra
• Radiant Cash Management Services
• Sreeleathers
• Kothari Products
• Mirza International
• Megatherm Induction
• RMC Switchgears
• Dreamfolks Services
• Manaksia
• Foods and Inns
• Yaap Digital
• CLN Energy
• Exato Technologies
• Solarium Green Energy
• Beezaasan Explotech
• Tankup Engineers
• RDB Real Estate Constructions
• Corporate Merchant Bankers
• Shreeji Global FMCG
• RPP Infra Projects
• Giriraj Civil Developers
• Bai-Kakaji Polymers
• Jay Ushin
• Twamev Construction and Infrastructure
• Talbros Engineering
• Felix Industries
• Committed Cargo Care
• Jinkushal Industries

On Wednesday, PC Jewellers posted a 61% increase in consolidated profit after tax to ₹153 crore in the latest March quarter, compared to ₹95 crore a year back.

The company's revenue from operations climbed 33% to ₹927 crore in Q4 FY26 as compared to ₹699 crore in the corresponding quarter last year.

Source: Upstox

29/05/26, As the Iran war tensions increase, inflation continued to put pressure on American consumers in April. New data released by the Commerce Department on Thursday showed that the personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, rose 0.4% in April from the previous month.

Core inflation, which excludes food and energy prices, increased 0.2% during the month and 3.3% compared to a year ago. Economists had expected the annual core reading to remain at 3.3%, however, the monthly increase came in slightly softer than forecasts. On a yearly basis, inflation stood at 3.8%. Meanwhile, inflation remains well above the Federal Reserve's 2% target.

Iran war pushes up energy and shipping costs

A major reason prices are staying high is the ongoing conflict involving Iran, which has disrupted global trade and energy supplies.

The war has affected shipping through the Strait of Hormuz, one of the world's most important oil routes. This has pushed up oil prices and created supply chain disruptions across industries, affecting goods such as fertilisers, aluminum and consumer products.

The impact has already reached American consumers. According to data from the U.S. Energy Information Administration, average retail gasoline prices jumped 12.3% in April. Gas prices have surged more than 50% since the conflict began at the end of February.

As reported by Reuters, economists say the rise in fuel and transportation costs is making everyday goods more expensive and adding fresh pressure on inflation that was already elevated because of President Donald Trump's sweeping import tariffs.

Federal Reserve likely to stay cautious

The latest inflation numbers are expected to keep the Federal Reserve cautious about cutting interest rates anytime soon. Financial markets now expect the Fed to hold its benchmark interest rate in the 3.50% to 3.75% range. Minutes from the Fed's April policy meeting showed that some policymakers are even open to raising rates again if inflation remains stubbornly high. Fed officials closely track the PCE inflation index because they believe it gives a total picture of consumer spending patterns compared to other inflation measures.

Jobless claims edge higher

Fresh labour market data also pointed to some softening in employment conditions. Initial jobless claims for the week ended May 23 rose to 215,000, slightly above expectations. Continuing claims, which reflect the number of people still receiving unemployment benefits, increased to 1.786 million.

Although layoffs remain relatively low overall, economists say hiring has slowed in several industries. Young graduates and first-time job seekers are facing a particularly difficult job market. The unemployment rate is expected to remain steady at 4.3% for May.

Durable goods orders provide one bright spot

One positive sign came from the manufacturing sector. Orders for durable goods, products meant to last several years, such as aircraft, computers and appliances jumped 7.9% in April, far above expectations. Excluding transportation equipment, orders still increased a solid 1.1%.

The combination of high inflation, slowing growth and geopolitical tensions is creating fresh uncertainty for the US economy. Though, inflation showed some improvement in April, prices remain high enough to strain household budgets. Rising gasoline prices, slowing income growth and concerns about jobs are making consumers increasingly cautious. Economists say much now depends on whether global tensions ease and whether inflation continues to cool in the coming months.

Report by The FinancialExpress

29/05/26, Snowflake share soar 38%

 Shares of Snowflake climbed sharply on Thursday, 28 May, after the data analytics firm raised its annual product revenue forecast and announced a five-year AI infrastructure deal worth $6 billion with Amazon Web Services (AWS).

The stock opened the session with a massive gap-up at $237 per share compared to the previous close of $175.26. The momentum further strengthened during the session, with the stock hitting a four-month high of $240 apiece, marking a 38% jump from Wednesday's closing level.

If the gains sustain through the close, today's rally would mark the stock's biggest single-day surge in five years.

Along with its Q1 results, Snowflake also announced an additional $6 billion commitment to Amazon Web Services over the next five years. The agreement includes the use of Amazon's general-purpose Graviton processor chips, which compete with Intel Corp.'s offerings.

The company said the $6 billion commitment reflects the "accelerating enterprise demand for AI and data workloads running on AWS." By anchoring future workloads to Amazon's custom silicon and next-generation infrastructure, Snowflake expects to secure deep volume discounts strategically designed to protect and expand long-term gross margins.

"With AWS, we are making it easier for enterprises to bring AI directly to governed data, so they can move faster, operate with greater clarity, and create measurable impact at scale," Snowflake CEO Sridhar Ramaswamy said in a press release.

Snowflake's earnings and the strong investor response come at a time when the software sector has been under pressure from the rapid rise of AI-focused companies over the past year. Analysts believe the AWS partnership announcement may have played a bigger role in driving the stock higher than the quarterly earnings themselves.

For the fiscal first quarter ended 30 April, Snowflake reported a 34% rise in product revenue to $1.33 billion, ahead of analysts' average estimate of $1.27 billion. Remaining performance obligations, a key measure of bookings, stood at $9.21 billion, slightly below analysts' expectations of $9.43 billion.

For the second quarter, the company guided product revenue in the range of $1.415 billion to $1.420 billion, representing growth of around 30%. Snowflake also raised its full-year FY27 product revenue guidance to $5.84 billion and lifted its non-GAAP operating margin guidance to 13.5%.

The updated outlook compares with its earlier forecast of $5.66 billion issued in February and came ahead of analysts' average estimate of $5.68 billion. Product revenue contributes nearly 95% of Snowflake's total revenue.

The company said it raised its full-year guidance due to "strong momentum" across its core platform and AI businesses.

Shares recover 76% in May

Today's rally has expanded the stock's month-to-date gains to 76%, bringing much-needed relief to shareholders after the stock had closed lower in each of the previous six months.

During that losing streak, the stock had declined nearly 50%, but it has now recovered all of those losses in May alone, highlighting the sharp turnaround in investor sentiment. From its yearly low of $118.30, the stock has rebounded 103%, based on today's intraday high.

(Report prepared by Mint with inputs from Bloomberg and agencies)

Disclaimer: We advise investors to check with certified experts before making any investment decisions.

29/05/26, Stocks to Watch Today

For 29/05/26:  Indian stocks are likely to remain in focus on May 29 amid a flurry of quarterly earnings and corporate developments.

GMR Airports returned to profit, while Ashok Leyland posted strong earnings growth and PhysicsWallah sharply narrowed losses.

On the corporate front, Reliance Industries will seek shareholder approval for large intra-group transactions, Wipro expanded its AI partnership with ServiceNow, and Wockhardt secured regulatory approval for a new antibiotic. Investors will also track updates from Bata India, Swiggy, RITES, REC, and Jupiter Wagons.

Here's the list of stocks to watch in today's trading session

Stocks to Watch Today

Stocks in focus	Why in focus?
GMR Airports	Profitability Takes Flight
PhysicsWallah	Losses Shrink Amid Strong Growth
Bata India	Profit Slips Despite Revenue Growth
Ashok Leyland	Strong Quarter Driven by Demand
Enviro Infra Engineers	Earnings Under Pressure
Unitech	Losses Widen Despite Higher Income
Reliance Industries	Seeks Nod for Mega Transactions
AWL Agri Business	Partners for Sweetener Expansion
REC Ltd	Partners with ERDA for Quality Assurance
RITES	Teams Up with Crisil for Infrastructure Solutions
Jupiter Wagons	Secures Long-Term Supply Deal
Wockhardt	CDSCO Clears New Antibiotic Launch
Swiggy	Special Resolution Falls Short
Wipro	Expands AI Partnership with ServiceNow

Q4 Updates

GMR Airports

Profitability Takes Flight

GMR Airports reported a strong turnaround in Q4 with profit at Rs 302.4 crore against a loss last year. Revenue surged 37.5 per cent year-on-year to Rs 3,938.2 crore.

PhysicsWallah

Losses Shrink Amid Strong Growth

Edtech major PhysicsWallah significantly reduced its losses to Rs 74.9 crore from Rs 293.1 crore. Revenue jumped 50.7 per cent to Rs 918.8 crore.

Bata India

Profit Slips Despite Revenue Growth

Bata India posted a sharp 95.2 per cent decline in quarterly profit to Rs 2.2 crore, even as revenue increased 5 per cent to Rs 827.6 crore.

Ashok Leyland

Strong Quarter Driven by Demand

Ashok Leyland delivered a healthy performance with profit rising 14.2 per cent to Rs 1,290.7 crore. Revenue climbed 17.4 per cent to Rs 17,246.4 crore.

Enviro Infra Engineers

Earnings Under Pressure

Enviro Infra Engineers reported a 29.1 per cent decline in profit at Rs 51.9 crore despite revenue growing 8.8 per cent to Rs 427.3 crore.

Unitech

Losses Widen Despite Higher Income

Real estate company Unitech posted a consolidated net loss of Rs 441 crore for Q4 FY26. However, total income rose to Rs 145.31 crore.

Corporate Update

Reliance Industries

Seeks Nod for Mega Transactions

Reliance Industries will seek shareholder approval for internal transactions worth over Rs 16.64 lakh crore over the next five years involving its digital businesses, including Jio Platforms and Reliance Jio Infocomm.

AWL Agri Business

Partners for Sweetener Expansion

AWL Agri Business has partnered with Shree Renuka Sugars to market sweeteners under the popular 'Madhur' brand.

REC

Partners with ERDA for Quality Assurance

REC Ltd signed an agreement with ERDA to enhance quality testing and assurance systems for materials used under the Revamped Distribution Sector Scheme (RDSS).

RITES

Teams Up with Crisil for Infrastructure Solutions

RITES signed an MoU with Crisil to develop integrated infrastructure solutions by combining engineering consultancy expertise with advanced analytics, market intelligence, and data-driven research capabilities.

Jupiter Wagons

Secures Long-Term Supply Deal

Jupiter Tatravagonka Railwheel Factory, a subsidiary of Jupiter Wagons, signed a long-term agreement with Tatravagonka a.s to supply rail wheels, axles, and wheelsets for European rail wagon manufacturing.

Wockhardt

CDSCO Clears New Antibiotic Launch

Wockhardt received approval from the CDSCO to market its newly developed antibiotic 'Zaynich' in India.

Swiggy

Special Resolution Falls Short

Swiggy's proposal to amend its Articles of Association received 72.36 per cent shareholder approval, missing the required 75 per cent threshold for passing a special resolution by a narrow margin.

Wipro

Expands AI Partnership with ServiceNow

Wipro announced an expanded collaboration with ServiceNow to implement and scale agentic AI workflows across key enterprise functions.

Report by EconomicTimes 

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggest readers/investors to consult their financial advisors before making any money-related decisions.)

28/05/26, Gold Prices

Gold prices on the Multi Commodity Exchange (MCX) plunged in the evening session on Thursday, 28 May, as fresh strikes by the US and Iran boosted crude oil prices, reigniting inflation fears and the scope of higher interest rates later this year.

MCX gold futures for the June expiry slipped as much as ₹2,041 per 10 grams, or 1.31%, to ₹153,586. Trading resumed after being shut in the first half on account of the Bakri Id holiday. The domestic prices mirrored the weakness in global markets.

Spot gold was down 1.5% at $4,389.99 per ounce, earlier falling to its lowest level since 26 March. US gold futures for June delivery fell 1.5% to $4,387.70.

Oil prices rose 2% today after Iran's Revolutionary Guards said they targeted a US airbase in response to a US attack in the port city of Bandar Abbas. Higher crude oil prices raise concerns around inflation, which could prompt the US central bank to raise rates, weighing on non-interest-yielding assets like bullion.

Federal Reserve Governor Lisa Cook on Wednesday said she feels the US central bank should hold short-term interest rates steady for now, but, with tariffs, the Iran war, and a surge in AI-related investment pushing prices higher, she is prepared to hike rates if needed, according to a Reuters report.

Traders will also eye the Personal Consumption Expenditures figure in the US, which is perceived as the Fed's preferred inflation gauge. It is expected to signal the US Federal Reserve's monetary policy path.

Meanwhile, the US dollar rose to a one-week high, making greenback-priced bullion more expensive for holders of other currencies.

Gold outlook ahead

Gold has struggled to regain strong upside momentum as investors increasingly focus on the inflationary impact of elevated energy prices, said Manav Modi, Commodities Analyst, Motilal Oswal Financial Services. Recent inflation readings across major economies have reinforced expectations that central banks may need to maintain a hawkish stance or even consider further rate hikes in the coming months, he added.

The bullion has faced selling pressure since the onset of the US-Iran war, bringing an end to its fast and furious rally since last year.

Ruchit Thakur, Market Analyst, VT Markets, explained that despite the Middle East crisis, one of the primary reasons why gold did not gain is because the market has not yet experienced a serious liquidity crisis.

"In classic panic scenarios such as the 2008 financial crisis, the early COVID shock, or severe banking stress, investors flock to gold as a pure safety hedge. In the current climate, the global economy is slowing but not collapsing, and financial markets continue to expect central banks to intervene if conditions worsen. As a result, safe-haven purchases are no longer as urgent," he noted.

Despite the short-term consolidation, the long-term macro underpinning for gold appears to be stronger currently than in many previous cycles due to central bank accumulation, reserve diversification, and growing geopolitical dispersion, opined Thakur.

Report by Mint

Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of us. We advise investors to check with certified experts before making any investment decisions.

28/05/26, Market Prediction for 29/05/26

After two consecutive sessions of losses and heightened volatility, the stock market is expected to open Friday's trade on a cautious yet stable note, with technical analysts predicting range-bound movement in the 30-share Sensex amid mixed global cues, persistent foreign fund outflows, profit booking at higher levels and the ongoing geopolitical tensions in West Asia.

Sensex at close on Wednesday, May 27

In a volatile trade on Wednesday, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points.

The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday.

Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside.

Among 30 Sensex pack, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major gainers.

Sensex Prediction for Friday, May 29

Market experts maintain a cautiously positive but highly selective outlook for the near term, keeping a sharp eye on crucial defensive thresholds.

Sensex Prediction for Friday, May 29 by Hitesh Tailor

Hitesh Tailor, Technical Research Analyst - Technical Research at Choice Broking, said, "On 27th May 2026, the BSE Sensex closed at 75,867.80, declining by -141.90 points (-0.19%), as profit booking at higher levels restricted further upside momentum. The index opened at 75,939.86 and initially witnessed buying interest, touching an intraday high of 76,224.68 during the early session."

However, the market failed to sustain at higher levels and gradually witnessed selling pressure through the latter half of the session. The Sensex slipped to an intraday low of 75,748.21 before settling at 75,867.80, indicating a cautious undertone near resistance zones, he stated.

Sector-wise, Power, Capital Goods, Utilities, Metal, Industrials, Auto, Consumer Discretionary, Telecommunication, and Consumer Durables witnessed strong buying interest and outperformed during the session. On the other hand, Top 10 Banks, Private Banks, Financial Services, BANKEX, Information Technology, Focused IT, Oil & Gas, FMCG, and Energy sectors witnessed mild weakness and profit booking. Banking and IT-related indices remained under pressure, while broader market participation stayed selective, Tailor added.

Technically, Tailor said the Sensex continued to face resistance near the 76,200-76,400 zone, where profit booking emerged once again. "Although the index managed to hold above the 75,700 zone, failure to sustain higher levels suggests cautious sentiment in the short term. Immediate support is now placed around 75,000-75,200, while resistance is seen near 76,400-76,500," he said.

"Sustaining above support levels may keep the broader structure stable, while a decisive breakout above resistance could trigger fresh upside momentum in upcoming sessions," the analyst cautioned.

For Friday's trading session, Tailor stated, "The overall market bias remains cautiously positive as the index continues to trade above key support levels despite intermittent profit booking near higher zones. However, lack of sustained momentum near resistance levels indicates that traders may remain selective in the near term. As long as Sensex sustains above the 75,000-75,200 support zone, the broader undertone may remain stable with stock-specific trading opportunities."

Broader markers on Wednesday, May 27

Broader markets closed on a mixed note with the BSE SmallCap Select index declining by 0.29 per cent and MidCap Select index gaining 0.52 per cent.

Among sectoral indices, Top 10 Banks edged lower by 0.90 per cent, Private Banks index dropped 0.83 per cent, Financial Services by 0.64 per cent, Bankex by 0.48 per cent, Focused IT by 0.26 per cent and IT by 0.26 per cent.

Capital Goods jumped 3.21 per cent, followed by Utilities (2.39 per cent), Power (3.27 per cent), Metal (1.74 per cent), Auto (1.33 per cent), Telecommunication (1.02 per cent) and Consumer Discretionary (1.01 per cent).

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,407.87 crore on Tuesday, according to exchange data.
Brent crude, the global oil benchmark, dropped 3.24 per cent to USD 96.35 per barrel.

Stock and forex markets were closed on Thursday, May 28 for Bakri Eid.

Report by EconomicTimes

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. We suggest readers/investors to consult their financial advisors before making any money-related decisions.)

28/05/26, Bata India Q4 results: Footwear player Bata India on Wednesday, May 27, reported its earnings for the fourth quarter of the 2025-26 financial year (Q4 FY26), posting a 95.2% year-on-year (YoY) decline in its consolidated net profit to ₹2.2 crore.

In the corresponding period of the preceding fiscal year, it had logged a profit of ₹45.9 crore, according to a regulatory filing.

During the quarter, the firm recorded certain one-time items, including VSR costs of ₹28.1 crore, in line with its long-term strategy to build "greater capability, agility and efficiency" across the supply chain.

Additionally, the company reported a non-cash forex loss of ₹22.4 crore on restatement of financial liability towards royalty, owing to the sharp currency devaluation on account of the ongoing geopolitical situation, it added.

However, its revenue from operations declined 5% YoY to ₹828 crore during the quarter under review, from ₹788 crore in the January-March quarter of the 2024-25 fiscal year (Q4 FY25).

The quarter marked the company's second consecutive period of accelerating topline growth, supported by sequential improvement in momentum, with March performance stronger than January.

Bata India's cash generation from operations advanced 18.2% YoY to ₹132.2 crore in the March quarter of FY26.

Its zero-based merchandising was extended to approximately 550 stores, contributing to more than 70% of store sales.

Bata India's gross inventory reduced by 13%, reflecting stronger inventory discipline, it added.

Its e-commerce business registered growth in the mid-twenties.

Furthermore, its premium portfolio, led by Hush Puppies and Power, continued to outpace overall growth.

Final dividend recommended

Bata India's board of directors recommended a dividend of ₹9 per equity share, at 180%, with a face value of ₹5 each, fully paid-up, for FY26, subject to shareholder approval at the ensuing annual general meeting (AGM), which will be held on Wednesday, August 12, 2026. Its dividend for FY26 amounts to ₹115.68 crore.

Furthermore, it fixed Friday, July 31, 2026, as the record date for payment of the dividend.

"Dividend on equity shares, if declared, at the AGM will be paid on Thursday, August 27, 2026 onwards to those Members who are entitled thereto," it said.

What the CEO said

Commenting on the performance, Gunjan Shah, Managing Director and CEO of Bata India, said: "As India's most trusted shoes brand, we are pleased to report volume-led growth of 5% over Q4 FY25, supported by broad-based performance across channels. This is the second consecutive quarter of accelerating topline growth, further strengthened by sequential improvement during the quarter."

Shah further stated that Bata's continued focus on operational efficiency and disciplined cost management has helped it to generate strong operating cash flows. It has also continued to invest in demand generation, consumer engagement, and brand relevance, with advertising spends increasing by 1.5 times.

"Our focus on network penetration, premiumisation, disciplined resource allocation and strong execution remained central to driving performance. During the quarter, we continued to scale key strategic initiatives," Shah added.

Bata India has a total market capitalisation of ₹8,882.54 crore as of May 27, 2026, according to data on the NSE.

Source: Upstox

28/05/26, Reliance Industries Dividend

 

The Mukesh Ambani-led oil-to-telecom behemoth Reliance Industries (RIL) on Wednesday, May 27, fixed the record date for its final dividend.

In a regulatory filing, the company said that it has fixed Friday, June 5, 2026, as the record date for the purpose of determining the members eligible to receive the dividend for the 2025-26 financial year (FY26).

On April 24, along with reporting its results, Reliance's board of directors had also recommended a dividend of ₹6 per equity share, with the face value of ₹10 each, for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing annual general meeting (AGM).

The dividend, if declared at the AGM, will be paid within seven days of the AGM.

AGM date

Alongside fixing the dividend record date, the conglomerate also stated it will hold its 45th AGM on Friday, June 19, 2026.

"The Forty-ninth Annual General Meeting (Post-lPO) ("AGM") of the members of the Company wilI be held on Friday, June 19, 2026 at 2:00 P.M. (IST) through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM"), in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India," the filing read.

Furthermore, it set Friday, June 12, 2026, as the cut-off date for determining the members eligible to vote on the resolutions set out in the notice of the AGM, RIL added.

RIL Q4 results

Reliance had reported a net profit of ₹16,971 crore in the January-March quarter, marking a decline of 12.55% year-on-year (YoY) from ₹19,407 crore in the same period last year as operating profit for its oil-to-chemicals (O2C) business declined due to a sharp rise in crude prices amid ongoing tensions in West Asia.

Reliance Industries' revenue from operations, however, jumped 13% to ₹2.98 lakh crore from ₹2.65 lakh crore in the year-ago period.

The company reported operating profit or earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₹44,141 crore in the March quarter, up 10%. However, its margin shrank by 180 basis points to 14.78%, compared with 16.57%.

RIL stock performance

Shares of RIL 0.43% lower at ₹1,350.50 per unit on the National Stock Exchange (NSE) on Wednesday, May 27. However, the announcement was made after the market closed.

The scrip has lost 0.6% in the past week and 1% over the month. On a year-to-date basis, it has fallen 14%.

While the stock hit a 52-week high of ₹1,611.80 per equity share on January 5, 2026, it touched a year's low of ₹1,611.80 apiece on April 6, 2026.

Reliance Industries has a total market capitalisation of ₹18.3 lakh crore as of May 27, 2026, according to data on the NSE.

Report by Upstox

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Disclaimer: This article is purely for informational purposes and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.

28/05/26, PostMarket REPORT(The market will remain shut on May 28 (Thursday) on account of Bakrid)

The Indian stock market ended lower on Wednesday, extending losses for the second consecutive session. The fall in the markets was primarily due to losses by select heavyweights like HDFC Bank and ICICI Bank.

At the close, the Sensex was 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 settled with a nominal loss of 7 points, or 0.03%, at 23,907.15.

Shares of HDFC Bank ended as the top drag, closing 2.63% lower.

Among the sectors, media, power, and capital goods added 3%, while auto, metal, and telecom were up 1% each. Selling was seen in IT, FMCG, banking, oil & gas, among others.

Indian rupee recovered from the intraday low of 95.79 and ended flat at 95.69 per dollar against the previous close of 95.68.

On the Nifty, the key gainers were Hindalco Industries, Power Grid Corp, Tata Motors Passenger Vehicle, Eternal, NTPC, while the losers were ONGC, ITC, HDFC Life, HDFC Bank, and Wipro.

Around 160 stocks touched their 52-week high on the BSE. These included AIA Engineering, Usha Martin, HFCL, Granules India, Hindalco Industries, CG Power and Industrial Solutions, GE Vernova T&D India, Honasa Consumer, Hitachi Energy India, Adani Green Energy, Adani Energy Solutions, Cummins India, KEI Industries, Lloyds Metals and Energy, Kirloskar Oil Engines, Oracle Financial Services Software, Adani Power, Bharat Heavy Electricals, Laurus Labs and Adani Ports and Special Economic Zone, among others.

Adani Group stocks recorded gains with Adani Total Gas, Adani Energy Solutions, Adani Green Energy, and Adani Power spiked between 2% and 13.5%.

Tata Group stocks also traded higher, with Tata Motors PV, Tata Steel, and Tata Technologies closing up by 4%, 2%, and 1.9%, respectively.

Report by Statesman,  Source:Dailyhunt

27/05/26, EconomicTimes Report on stocks to watch

 Stocks to Watch Today, May 27:

 Indian stocks, including ONGC, JK Tyre, IRCTC, Coal India and Zee Entertainment, will remain in focus on May 27 after reporting quarterly earnings, announcing strategic business developments and securing fresh orders.

Telecom companies such as Reliance Jio, Bharti Airtel, Vodafone Idea and BSNL may also see attention after India's telecom subscriber growth slowed in April. Meanwhile, Tata Elxsi, HPCL, Tata Motors and KEC International are likely to be tracked for corporate announcements, partnerships and expansion plans.

Here's the list of stocks to watch in today's trading session:

Stocks To Watch Today

Stocks in focus	Why in focus
Oil and Natural Gas Corporation (ONGC)	Steady Profit Growth on Higher Revenue
JK Tyre	Strong Earnings Surge Boosts Performance
Procter & Gamble Health	Healthy Growth Across Revenue and Profit
IRCTC	Revenue Rises Despite Profit Decline
Astra Microwave	Robust Quarterly Growth Continues
Reliance Jio, Bharti Airtel, Vodafone Idea, BSNL	Telecom Subscriber Growth Slows in April
KEC International	Wins Fresh Multi-Segment Orders
Saatvik Green Energy	Receives Major Solar Module Order
Zee Entertainment Enterprises	Plans Expansion Into Sports Broadcasting
Coal India	Government Announces Stake Sale Via OFS
Tata Elxsi	Launches AI-Based Material Intelligence Solution
HPCL, Tata Motors	Partner for Circular Economy Initiative

Q4 Update

Oil and Natural Gas Corporation (ONGC)

Steady Profit Growth on Higher Revenue

ONGC's Q4 profit rose 3.1 per cent to Rs 6,650 crore, while revenue increased 2.7 per cent to Rs 35,928 crore, supported by stable operational performance.

JK Tyre

Strong Earnings Surge Boosts Performance

JK Tyre posted an 80.2 per cent jump in profit to Rs 178 crore, with revenue climbing 12.4 per cent to Rs 4,223 crore in the quarter.

Procter & Gamble Health

Healthy Growth Across Revenue and Profit

Profit surged 54.6 per cent to Rs 94.6 crore, while revenue advanced 19.1 per cent to Rs 3,704 crore, reflecting strong business momentum.

IRCTC

Revenue Rises Despite Profit Decline

IRCTC reported 15.1 per cent revenue growth to Rs 1,460 crore, though net profit slipped 7.1 per cent to Rs 332 crore during the quarter.

Astra Microwave

Robust Quarterly Growth Continues

Astra Microwave delivered 44.2 per cent profit growth to Rs 106 crore, while revenue rose 19.6 per cent to Rs 488 crore year-on-year.

Monthly Mobile Subscribers Data

India's telecom subscriber growth slowed in April as user additions declined across major operators such as Reliance Jio, Bharti Airtel, Vodafone Idea and BSNL.

Corporate Update

KEC International

Wins Fresh Multi-Segment Orders

KEC International secured new orders worth Rs 1,303 crore across transmission & distribution, civil and renewable energy businesses.

Saatvik Green Energy

Receives Major Solar Module Order

Saatvik Green Energy bagged a Rs 171.45 crore order for supplying solar PV modules from a leading independent power producer/EPC player..

Zee Entertainment Enterprises

Plans Expansion Into Sports Broadcasting

Zee Entertainment will launch four sports channels under the 'Unite8 Sports' brand to strengthen its sports media presence.

Coal India

Government Announces Stake Sale Via OFS

The government will divest up to 2 per cent stake in Coal India through an OFS, with the floor price set at Rs 412 per share.

Tata Elxsi

Launches AI-Based Material Intelligence Solution

Tata Elxsi introduced ViTel, a material intelligence platform for medical device makers, developed jointly with Viridium AI.

HPCL, Tata Motors

Partner for Circular Economy Initiative

HPCL and Tata Motors partnered to create a scalable circular economy model focused on recycling used automotive lubricants.

Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)