Global cues remained mixed, with US and Asian futures trading higher while European markets stayed weak. Gift Nifty signalled a positive start, despite heavy FII selling of ₹21,105.86 crore, partly offset by DII buying of ₹16,764.14 crore. Commodities were led by a sharp rise in crude oil, while gold and silver stayed under pressure. Corporate updates were largely earnings-driven, with strong results, dividends and fresh orders across sectors, though select companies faced losses, resignations and regulatory issues. Macro focus remained on crude, monsoon concerns, bond yields, rupee strength and RBI data.
Global Market Futures (as of 06:15 AM IST)
US Market (Futures)
- Nasdaq: +0.45%
- Dow Jones: +0.03%
- S&P 500: +0.24%
European (Futures)
- Ftse 100: -0.57%
- Cac 40-: -0.19%
- Dax : -0.04%
Asian (Futures)
- NIKKEI 225: +0.57%
- KOSPI: +1.92%
- ASX 200: -0.24%
Gift Nifty (Prev. Close): 23722.00 (+0.85%)
FII and DII Trading Activity May 28, 2026 in Cash Market Segment:
FIIs / FPIs: Net Sell of ₹21105.86 crores
DIIs: Net Buy of ₹16764.14 crores
Commodity Market Updates:
Global commodity markets presented a mixed trend, with energy commodities leading gains while precious metals remained under pressure. Crude Oil WTI surged 2.82% to 89.82, while Brent Oil advanced 1.41% to 93.35 amid concerns over global supply disruptions and tightening energy market conditions. Natural Gas also gained 1.52% to 3.34, supported by improving demand expectations. In contrast, safe-haven metals witnessed mild weakness, with Gold declining 0.55% and XAU/USD slipping 0.04%, reflecting profit-booking and a stronger risk appetite among investors. Silver remained largely flat, down 0.04%, while Copper edged higher by 0.08%, indicating stable industrial demand and optimism surrounding global economic activity.
Key Corporate Updates:
Positive:
- Arkade Developers: Reported strong FY26 growth and stated that the Filmistan acquisition is expected to support the next phase of value creation.
- Ausom Enterprise: Reported Q4 consolidated revenue of ₹14.4 billion and net profit of ₹8.3 million while declaring a dividend of ₹1 per share.
- Bajaj Hindusthan Sugar: Posted robust Q4 consolidated revenue of ₹16.69 billion and net profit of ₹3.91 billion, supported by improved sugar sector fundamentals.
- Bannari Amman Spinning Mills: Reported Q4 consolidated revenue of ₹2.21 billion and profit of ₹13.8 million. The board also approved reappointment of S.V. Arumugam as Managing Director.
- Concord Biotech: Delivered strong Q4 earnings with consolidated revenue of ₹3.26 billion and net profit of ₹887.9 million. The company also declared a dividend of ₹7.55 per share.
- Concord Enviro Systems: Subsidiary secured a new order worth ₹1.26 billion, providing strong revenue visibility and reinforcing its execution pipeline.
- Emergent Industrial Solutions: Reported Q4 consolidated revenue of ₹1.81 billion and net profit of ₹13.3 million.
- Eveready Industries India: Commenced production at its alkaline battery manufacturing facility in Jammu, enhancing domestic manufacturing capabilities.
- Glenmark Pharma: Reported Q4 consolidated revenue of ₹37.6 billion and net profit of ₹3.01 billion. The company declared a dividend of ₹2.5 per share and approved transfer of its nebulizer brands and intellectual property portfolio to a subsidiary as part of business restructuring initiatives.
- Gujarat Industries Power Company: Reported Q4 revenue of ₹4.28 billion and profit of ₹3.27 billion while announcing a dividend of ₹4.10 per share.
- Hardwyn India, Dhara Rail Projects, Bandaram Pharma Packtech and C P S Shapers: Secured fresh orders worth ₹39.4 million, ₹43.1 million, ₹38.7 million and ₹17.8 million respectively, supporting future revenue growth.
- Hi-Tech Gears: Reported Q4 consolidated revenue of ₹2.24 billion and profit of ₹81.1 million. The company declared a dividend of ₹4 per share.
- Hindustan Copper: Approved signing of an MoU with Engineers India and may explore additional copper blocks across multiple states, supporting long-term resource expansion.
- Ice Make Refrigeration: Posted Q4 consolidated revenue of ₹2.56 billion and net profit of ₹101.1 million. The board recommended a final dividend of ₹2.25 per share.
- Inox Wind: Continued its turnaround momentum with Q4 consolidated revenue of ₹12.44 billion and PAT of ₹1.06 billion.
- Jay Ushin: Posted Q4 revenue of ₹2.68 billion and net profit of ₹54 million and recommended a dividend of ₹4 per share.
- Jayant Agro-Organics: Reported Q4 consolidated revenue of ₹6.47 billion and net profit of ₹176.8 million while announcing a dividend of ₹3.50 per share.
- JM Financial: Reported Q4 consolidated revenue of ₹9.49 billion and net profit of ₹1.65 billion. The board recommended a dividend of ₹1.75 per share.
- JSW Steel: Resolution plan submitted by its subsidiary for Colour Roof India received approval from the Committee of Creditors, strengthening the group's expansion strategy.
- Kingfa Science & Technology India: Reported Q4 revenue of ₹5.78 billion and net profit of ₹591.5 million, indicating sustained operating performance.
- KNR Constructions: Reported healthy Q4 consolidated revenue of ₹6.96 billion and net profit of ₹1.06 billion, indicating sustained project execution and profitability.
- Lumax Auto Technologies: Delivered strong Q4 consolidated revenue of ₹14.17 billion and net profit of ₹881.2 million, reflecting healthy demand in the auto component segment.
- Lupin: Received U.S. FDA approval for Sodium Sulfate, Magnesium Sulfate and Potassium Chloride tablets and secured eligibility for 180-day generic drug exclusivity, strengthening its U.S. generics portfolio. The company also stated that acquisition of a minority stake in Multicare Pharmaceuticals is expected to be completed in July.
- Manaksia: Posted Q4 consolidated revenue of ₹2.37 billion and net profit of ₹117.8 million. The company also reappointed Suresh Kumar Agrawal as Managing Director.
- Nazara Technologies: Subsidiary will invest USD 500,000 in nCore Games, strengthening its gaming ecosystem and strategic investments portfolio.
- NIBE: Reported Q4 consolidated revenue of ₹2.6 billion and net profit of ₹292.3 million while declaring a dividend of ₹1.30 per share, reflecting continued operational strength.
- NMDC: Delivered strong Q4 performance with consolidated revenue of ₹113.43 billion and net profit of ₹20.27 billion. The company also announced a dividend of ₹1 per share.
- Nureca: Approved acquisition of additional land in Punjab and incremental capex of up to ₹1 billion for plant and machinery expansion, highlighting long-term growth plans.
- PNC Infratech: Secured a fresh order worth ₹3.02 billion, improving order book visibility.
- Power Finance Corporation: Completed transfer of Kurnool IV REZ Power Transmission project to Resonia and received consideration of ₹209.4 million.
- Power Grid: Acquired Tumkur II RE Transmission project, further expanding its renewable energy transmission portfolio.
- Rana Sugars: Reported revenue of ₹4.38 billion and PAT of ₹277.5 million, reflecting improved profitability in the sugar segment.
- Reliance Industries: Moody's upgraded the credit rating of the company's senior unsecured U.S. dollar-denominated fixed-rate notes, reflecting improved credit strength and enhancing global borrowing credibility.
- Rubicon Research: Reported Q4 consolidated revenue of ₹5.14 billion and net profit of ₹767.9 million while recommending a dividend of ₹1.50 per share.
- Sagarmala Finance: Plans to raise up to ₹10 billion and launch India's first Blue Bond initiative, marking a significant step in sustainable maritime financing.
- Shankar Lal Rampal Dye-Chem: Reported Q4 revenue of ₹1.39 billion and profit from continuing operations of ₹48 million.
- State Bank of India: Successfully priced USD 200 million senior unsecured fixed-rate notes due 2030 carrying a 4.50% coupon, strengthening overseas fundraising capabilities.
- Sumeet Industries: Returned to profitability with Q4 consolidated profit of ₹37.8 million on revenue of ₹2.66 billion.
- Sunflag Iron & Steel: Reported Q4 consolidated revenue of ₹10.01 billion and PAT of ₹342.7 million while declaring a dividend of ₹1 per share.
- Talbros Engineering: Reported Q4 total income of ₹1.45 billion and net profit of ₹95.48 million while declaring a dividend of ₹3 per share.
- TARC: Reported Q4 consolidated revenue of ₹2.09 billion and net profit of ₹16.2 million, remaining profitable during the quarter.
- Triveni Engineering & Industries: Reported Q4 consolidated revenue of ₹18.34 billion and net profit of ₹1.67 billion. The company recommended a dividend of ₹1.25 per share.
- Vishwaraj Sugar Industries: Delivered Q4 revenue of ₹1.11 billion and net profit of ₹109.3 million.
- VL Infraprojects: Joint venture received a work order worth ₹744.4 million from Gujarat Water Infrastructure, with the company's share amounting to ₹230.8 million.
- Dividend Announcements: Neelamalai Agro Industries (₹20/share), Ingersoll-Rand India (₹20/share), KKV Agro Powers (₹10/share), Lakshmi Engineering & Warehousing (₹10/share), MSTC (₹8.10/share), Munjal Showa (₹4.50/share), Agarwal Industrial Corporation (₹3.30/share), Vadilal Enterprises (₹1.50/share), Tilaknagar Industries (₹1/share), Sandesh (₹5/share), ABM Knowledgeware (₹1.25/share), Keynote Financial Services (₹1/share) announced shareholder rewards through dividends.
Negative:
- Bharat Gears: Company initiated action after its Joint Managing Director allegedly disclosed unpublished price-sensitive information to third parties, resulting in insider trading code violations.
- Chrome Silicon: Announced plans to dispose of the plant and assets of its Rudraram unit.
- CreditAccess Grameen: RBI imposed a monetary penalty for regulatory non-compliance.
- Digitide Solutions: Gurmeet Singh Chahal resigned as Chief Executive Officer.
- Hinduja Global Solutions: Reported a consolidated Q4 net loss of ₹82.9 million on revenue of ₹10.85 billion.
- IndiGo: Reported a Q4 loss of ₹26.62 billion despite revenue of ₹224.38 billion, impacted by capacity constraints, elevated fuel costs and a challenging operating environment. The company also recorded a one-time charge of ₹2.5 billion.
- Nanta Tech: Vaishali Prashantbhai Jagani resigned as Chief Financial Officer.
- PB Fintech: Co-founder Alok Bansal sold 1.2 million shares while Group CEO Yashish Dahiya sold 2.6 million shares through block deals at ₹1,751 per share, creating potential overhang concerns.
- RHI Magnesita India: Reported a Q4 consolidated loss of ₹5.18 billion despite revenue of ₹9.32 billion, largely due to a significant impairment charge of ₹5.56 billion.
- Sandesh: Reported a consolidated Q4 net loss of ₹345.4 million despite revenue of ₹2.11 billion.
- Suzlon Energy: SEBI identified lapses in financial statements and disclosures and imposed a monetary penalty of ₹159.5 million on the company. Penalties were also levied on the chairman and vice-chairman amounting to ₹57.5 million and ₹54.5 million respectively.
- Tilaknagar Industries: Reported a Q4 consolidated net loss of ₹149.1 million despite revenue of ₹20.9 billion.
- Vadilal Enterprises: Reported a Q4 net loss of ₹42.2 million despite revenue of ₹2.91 billion.
- Zee Media Corporation: Reported a consolidated Q4 net loss of ₹265.3 million on revenue of ₹1.58 billion.
Neutral:
- Asian Paints: Management indicated that the industrial coatings business is expected to maintain a strong growth trajectory in the first quarter.
- Auro Laboratories: Appointed Nitesh Bohra as Chief Financial Officer.
- BN Agrochem: Appointed Anurag Bansal as Chief Financial Officer.
- Brooks Laboratories: Appointed Prashant Rathi as Chief Executive Officer.
- Hindustan Zinc: Extended CEO Arun Misra's tenure by two months and appointed Amit Gupta as Chief Financial Officer.
- IndiGo: Reported Q4 yield of ₹5.20 per kilometre, load factor of 85.8%, available seat kilometres of 43.6 billion and expects 3-4% ASK growth in the upcoming quarter. The company also approved partial prepayment of finance lease obligations of up to USD 450 million.
- Infosys: CEO compensation increased 2.5% year-on-year to nearly USD 8.7 million in FY26.
- K K Silk Mills, Roselabs Finance, Tilaknagar Industries, Sandesh and Manaksia: Announced key leadership reappointments for continuity of management.
- Metropolitan Stock Exchange of India: SEBI approved the appointment of Upma Dada Chawdhry as Chairperson.
- NDTV: SEBI disposed of adjudication proceedings related to disclosure norms without imposing any penalty.
- SBI Life Insurance: Appointed Ramesh Venkateshamurthy as Deputy CEO.
Macro, Non-Corporate, Unlisted & Foreign Stocks:
1) Aviation & Geopolitics: Several airlines resumed some Middle East operations; however, disruptions continue amid ongoing regional tensions.
2) Commodities - Crude Oil: Reuters poll estimates indicate Brent crude oil could average USD 90.44 per barrel in 2026 while U.S. crude may average USD 84.63 per barrel, reflecting expectations of tighter energy markets and slower recovery in global supply flows.
3) Commodities - Sugar: Raw sugar prices rebounded sharply after hitting four-week lows, supported renewed buying interest.
4) Equity Markets: Indian benchmark indices ended the month in negative territory amid concerns surrounding the Iran conflict and its impact on global risk sentiment.
5) Global Rates Market: Weak regional currencies continued to complicate monetary policy decisions across Asian economies.
6) Healthcare & Research: Updates highlighted ongoing development of vaccines and treatment candidates for the Bundibugyo Ebola virus.
7) India Central Bank / State Borrowing: Eight Indian states are scheduled to raise ₹241 billion through debt auctions on June 2.
Indian Bond Market: Benchmark 10-year government bond yield closed at 7.0037% compared with 6.9960% in the previous session.
8) Indian Currency Market: The rupee recorded its strongest single-day gain since April 2.
9) Macroeconomy - Monsoon Outlook: Forecasts indicating the weakest monsoon in more than a decade have raised concerns regarding food inflation and agricultural output.
10) SAIC Motor / JSW Group: Chinese automaker SAIC Motor is expected to sell its stake in its Indian passenger vehicle venture to JSW Group, with reports suggesting JSW could emerge as the largest shareholder after deal completion.
11) Sri Lanka Economy: Colombo Consumer Price Index rose 5.5% year-on-year in May, indicating continued inflationary pressure.
12) Stellantis / Jaguar Land Rover / Tata Group: Stellantis downplayed the potential scope of European partnerships involving JLR and Tata Group.
13) Government of India / Odisha Government: Odisha Government, Intel and U.S.-based 3DGS Inc. signed a substrate manufacturing MoU involving an estimated investment of USD 3.3 billion.
14) Government of India: Announced that the new Wholesale Price Index (WPI) series with base year 2022-23 will be released from June 15.
15) Government of India: Directed state-owned fuel retailers to create storage capacity equivalent to 30 days of LPG demand to enhance energy security.
16) Government of India: Scheduled auction of ₹240 billion worth of Treasury Bills on June 3, including 91-day, 182-day and 364-day securities.
17) RBI: Included additional co-operative banks in the Second Schedule of the RBI Act, 1934, strengthening their regulatory standing.
18) RBI: Published money supply (M3) growth data and stated that the Central Government had no outstanding loans with the central bank as of May 22.
19) RBI: Released the All-India House Price Index for Q4 FY26, Annual BSR-1 data on bank credit and BSR-2 data on deposits, providing updated indicators on the banking and housing sectors.
20) RBI: Reported India's foreign exchange reserves at USD 681.38 billion as of May 22 compared with USD 688.89 billion in the previous week.
21) RBI: Reported that bank credit grew 16.2% year-on-year and deposits grew 12.2% year-on-year in the fortnight ended May 15, indicating continued expansion in banking activity.
Bulk & Block Deals:
PB Fintech:
PB Fintech witnessed significant promoter stake sales Yashish Dahiya and Alok Bansal selling a combined 38 lakh shares (0.82% stake) worth approximately ₹665 crore at ₹1,751 per share. Despite the stake dilution, the transaction attracted strong institutional participation from global investors, pension funds, mutual funds, and financial institutions, indicating continued confidence in the company's long-term growth prospects.
Anand Rathi Wealth:
Promoter entity Anand Rathi Financial Services sold 14.46 lakh shares, representing a 1.74% stake in Anand Rathi Wealth, through a block deal valued at approximately ₹500 crore. The shares were transacted at ₹3,457.97 per share. The stake sale is viewed as a promoter-level portfolio adjustment and does not indicate any change in the company's operational performance or business fundamentals.
Federal Bank:
Federal Bank witnessed large institutional block deals as BNP Paribas Financial Markets sold 3.76 crore shares worth ₹1,085 crore, while Integrated Core Strategies (Asia) Pte sold 1.51 crore shares valued at ₹437 crore. The combined transaction involved over 5.27 crore shares worth more than ₹1,520 crore at around ₹288 per share, reflecting significant secondary market activity in the banking stock.
MCX India & NALCO:
BNP Paribas Financial Markets executed sizeable block deals in MCX and NALCO, selling 21.79 lakh MCX shares worth ₹642 crore and 1.61 crore NALCO shares worth ₹687 crore. The transactions, totaling over ₹1,328 crore, were carried out at ₹2,947.84 per share for MCX and ₹424.21 per share for NALCO, representing notable institutional portfolio reshuffling.
Kalyan Jewellers & Rail Vikas Nigam (RVNL):
Integrated Core Strategies (Asia) Pte acquired significant positions in Kalyan Jewellers and Rail Vikas Nigam through block deals. The investor purchased 93.81 lakh shares of Kalyan Jewellers worth ₹333 crore and 1.27 crore shares of RVNL worth ₹314 crore. The combined investment of nearly ₹647 crore signals continued institutional interest in both consumer discretionary and infrastructure sectors.
IPO Listing:
M R Maniveni Foods (SME)
On-going IPO:
Last Date 03-Jun
Merritronix Ltd (BSE SME)
SMR Jewels Ltd (BSE SME)
Upcoming IPO:
NIL
Securities Trading Ex-Dividend on June 1, 2026
Colgate Palmolive (India) Ltd, Epigral Ltd
Securities Under F&O Ban on June 1, 2026
NIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
