Global markets traded cautiously with weak sentiment across US, European and major Asian futures, while Gift Nifty remained marginally positive. FIIs and DIIs remained net buyers in Indian equities. Commodity markets witnessed pressure in precious and industrial metals, while crude oil stayed firm. Corporate earnings remained broadly positive, led by JSW Steel, Tata Motors, Muthoot Finance and United Spirits, although select companies including Restaurant Brands Asia, Carborundum Universal and Allcargo Terminals reported weak developments. Block deals in Adani Enterprises and Jio Financial Services remained key highlights, while investors also tracked upcoming earnings, IPO activity, ex-dividend stocks and ongoing macro developments including gold import restrictions, RBI actions and geopolitical updates.
Global Market Futures (as of 06:40 AM IST)
US Market (Futures)
- Nasdaq: -0.09%
- Dow Jones: -0.25%
- S&P 500: -0.12%
European (Futures)
- Ftse 100: -0.20%
- Cac 40-: -0.11%
- Dax : -0.82%
Asian:
- NIKKEI 225: -0.41%
- KOSPI: -0.44%
- TAIEX: +1.21%
- ASX 200: +0.20%
Gift Nifty: 23739.50 (+0.04%)
FII and DII Trading Activity May 14, 2026 in Cash Market Segment:
FIIs / FPIs: Net Buy of ₹187.46 crores
DIIs: Net Buy of ₹684.33 crores
Key Results Today:
Tata Steel, Power Grid Corporation of India, Aether Industries, Amber Enterprises India, Alembic Pharmaceuticals, Bajaj Electricals, Gland Pharma, Godfrey Phillips India, Godrej Industries, Hindustan Copper, ITC Hotels, Krishna Institute of Medical Sciences, NCC, NHPC, Premier Energies. Steel Authority of India, and Symphony will announce their quarterly earnings today.
Key Results on May 16:
Delhivery, Vodafone Idea, KEC International, Latent View Analytics, Tatva Chintan Pharma Chem, UNO Minda, and Western Carriers (India) will release their quarterly earnings on May 16.
Commodity Market Updates:
International commodity markets traded mixed with a negative bias as investors tracked global economic cues, geopolitical developments and demand outlook. Gold prices declined 1.35% to 4,622.17, while spot XAU/USD slipped 0.76% to 4,617.27 amid easing safe-haven demand and profit booking. Silver witnessed sharper weakness, falling 3.62% to 82.243, whereas copper prices declined 0.96% to 6.5175 on concerns over industrial demand and slowing manufacturing activity globally. In the energy segment, WTI crude oil gained 0.79% to 101.97, supported by supply-side concerns and geopolitical tensions, while Brent crude traded largely flat at 106.60, down marginally by 0.06%. Natural gas prices edged higher by 0.14% to 2.924 on expectations of stable near-term demand and tightening supply conditions.
Key Corporate Updates:
Positive:
- Chalet Hotels: Reported Q4 consolidated revenue from operations of ₹5.58 bn and net profit of ₹1.63 bn. The company also recommended a final dividend of ₹1 per equity share.
- Tamilnad Mercantile Bank: Received major relief as tax demand was reduced significantly to ₹29.3 mn from ₹2.04 bn earlier.
- Pearl Global Industries: Reported Q4 consolidated revenue from operations of ₹13.14 bn and consolidated net profit of ₹832.6 mn. The company also declared a dividend of ₹8.5 per share and approved acquisition of an additional 9.99% stake in PT Pinnacle Apparels for $1.406 mn.
- HCLTech: Announced collaboration with Red Hat to deliver enterprise-grade AI infrastructure solutions, strengthening its AI and cloud capabilities.
- Rashi Peripherals: Reported Q4 consolidated revenue from operations of ₹44.89 bn and net profit of ₹842.1 mn. The company also declared dividend of ₹2 per share.
- Endurance Technologies: Reported Q4 consolidated revenue from operations of ₹40.86 bn and net profit of ₹2.76 bn. The company appointed Indrajit Banerjee as Chairman effective June 10, 2026 and recommended a dividend of ₹11.50 per share.
- JG Chemicals: Posted Q4 consolidated revenue from operations of ₹2.86 bn and net profit of ₹182.1 mn. The company recommended final dividend of ₹1.10 per equity share.
- Alivus Life Sciences: Reported Q4 revenue from operations of ₹6.89 bn and profit of ₹1.63 bn. The company recommended final dividend of ₹5 per share.
- Great Eastern Shipping: Reported Q4 consolidated revenue from operations of ₹15.11 bn and net profit of ₹10.44 bn. The company declared dividend of ₹11.70 per share.
- Welspun Enterprises: Reported Q4 consolidated revenue from operations of ₹11.99 bn and net profit of ₹1.45 bn. The company recommended final dividend of ₹3 per share.
- Galaxy Surfactants: Reported Q4 consolidated revenue from operations of ₹13.15 bn and PAT of ₹624.3 mn. The company recommended final dividend of ₹22 per share.
- Gujarat Mineral Development Corporation (GMDC): Reported Q4 consolidated revenue from operations of ₹8.14 bn and profit of ₹1.94 bn. The company declared dividend of ₹9.50 per equity share.
- Pitti Engineering: Approved ₹2.90 bn capex for a greenfield casting facility. The company also reported Q4 consolidated revenue from operations of ₹5.01 bn and profit of ₹266.1 mn while recommending final dividend of ₹2.50 per share.
- Data Patterns (India): Reported Q4 revenue from operations of ₹3.45 bn and profit of ₹1.38 bn. The company recommended final dividend of ₹10 per equity share.
- Caplin Point Laboratories: Its unit received USFDA final approval for Foscarnet Sodium Injection, strengthening its regulated market product portfolio.
- KRBL: Reported Q4 consolidated revenue from operations of ₹15.26 bn and net profit of ₹1.55 bn. The company declared dividend of ₹4.5 per share.
- Mukand: Approved infusion of up to ₹1.6 bn into Mukand Heavy Engineering. The company reported Q4 consolidated revenue from operations of ₹12.69 bn and profit of ₹5.55 bn while declaring dividend of ₹3 per share.
- Voltas: Reported Q4 consolidated revenue from operations of ₹48.88 bn and net profit of ₹1.16 bn. The company recommended dividend of ₹4 per share for FY26.
- Kamat Hotels: Signed agreement for development of a second Orchid Hotel in Dwarka, Gujarat, strengthening its hospitality footprint.
- Genesys International Corporation: Received order worth ₹28 mn.
- United Spirits: Reported Q4 revenue from operations of ₹68.38 bn and profit of ₹5.71 bn. The company recommended final dividend of ₹11 per share.
- Captain Polyplast: Commenced production at its new Ahmedabad manufacturing facility.
- Sheela Foam: Reported Q4 consolidated revenue from operations of ₹10.5 bn and net profit of ₹912.8 mn. The company declared dividend of ₹1 per share.
- Siemens Energy India: Reported Q4 revenue from operations of ₹23.94 bn and profit of ₹3.75 bn.
- Indian Hume Pipe Company: Reported Q4 revenue from operations of ₹3.51 bn and net profit of ₹229.8 mn. The company declared dividend of ₹5 per share.
- Fertilisers and Chemicals Travancore (FACT): Announced commencement of DAP production at the Udyogamandal plant from May 15, 2026.
- Kalpataru Projects International: Reported Q4 consolidated revenue from operations of ₹77.78 bn and net profit of ₹4.34 bn. The company declared dividend of ₹11 per share.
- India Glycols: Reported Q4 consolidated revenue from operations of ₹23.6 bn and net profit of ₹868.8 mn.
- Hindustan Construction Company (HCC): Reported Q4 consolidated revenue from operations of ₹9.92 bn and net profit of ₹589.4 mn.
- Sattva Engineering Construction: Secured BWSSB wastewater treatment contracts worth ₹1.24 bn.
- P N Gadgil Jewellers: Reported Q4 consolidated revenue from operations of ₹35.44 bn and profit from continuing operations of ₹902.6 mn.
- Kirloskar Oil Engines: Reported Q4 consolidated revenue from operations of ₹21.16 bn and net profit of ₹1.59 bn. The company recommended final dividend of ₹4.50 per share.
- Sagar Cements: Commissioned a 2.80 MW waste heat recovery power system at its Ananthapur plant, improving energy efficiency.
- Indian Overseas Bank: Reduced base rate by 10 basis points to 9.70% effective May 15, 2026.
- Ceinsys Tech: Reported Q4 consolidated revenue from operations of ₹1.71 bn and net profit of ₹371.7 mn. The company recommended final dividend of ₹3.50 per share.
- Muthoot Finance: Reported Q4 total revenue from operations of ₹81.8 bn and profit of ₹30.86 bn.
- Chambal Fertilisers and Chemicals: Reported Q4 consolidated revenue from operations of ₹27.85 bn and net profit of ₹1.69 bn. The company recommended final dividend of ₹6 per share.
- Indian Metals and Ferro Alloys (IMFA): To receive refund of ₹123.2 mn investment.
- EPL: Reported Q4 consolidated revenue from operations of ₹13 bn and net profit of ₹1.03 bn.
- Creative Newtech: Reported Q4 consolidated revenue from operations of ₹7.4 bn and profit of ₹177.9 mn. The company also appointed Ajit Thakur as CFO effective May 14, 2026.
- Global Health: Reported Q4 consolidated revenue from operations of ₹11.59 bn and PAT of ₹1.44 bn. The company declared dividend of ₹2 per share.
- Three M Paper Boards: Resumed operations at the Chiplin plant after completing repair and replacement work.
- Tata Motors Passenger Vehicles: Reported Q4 consolidated revenue from operations of ₹1.05 trn and net profit of ₹57.83 bn. The company declared dividend of ₹3 per share and reiterated plans to continue profitable, industry-beating growth in the domestic business while targeting margin enhancement through cost reduction and richer product mix. Management also indicated strong EV demand trends and improving operational leverage.
- Apollo Tyres: Reported Q4 consolidated revenue from operations of ₹73.36 bn and profit of ₹6.31 bn. The company declared dividend of ₹2.5 per share.
- Dilip Buildcon: Reported Q4 consolidated revenue from operations of ₹23 bn and net profit of ₹620.5 mn. The company recommended dividend of ₹1 per share.
- Dwarikesh Sugar Industries: Reported Q4 revenue from operations of ₹4.25 bn and PAT of ₹570.1 mn.
- Shadowfax Technologies: Reported Q4 consolidated revenue from operations of ₹12.37 bn and profit of ₹558.3 mn.
- LT Foods: Reported Q4 consolidated revenue from operations of ₹29.07 bn and net profit of ₹1.36 bn. The company declared dividend of ₹1 per share.
- JSW Steel: Reported Q4 consolidated revenue from operations of ₹511.8 bn, above IBES estimate of ₹496.86 bn, and net profit of ₹163.7 bn. The company approved amalgamation of BMM Ispat with JSW Steel, approved fundraising via QIP and NCDs of up to ₹70 bn each, declared dividend of ₹7.1 per share and guided FY27 crude steel production at 29.75 MT with saleable steel sales of 28.60 MT. Management expects domestic steel demand growth of 7-9% in FY27 and sees domestic steel prices remaining range-bound after recent hikes.
- Andhra Paper: Reported Q4 revenue from operations of ₹5.27 bn and PAT of ₹77.2 mn.
- TD Power Systems: Approved subdivision of each share into two shares. The company also reported Q4 consolidated revenue from operations of ₹5.89 bn and profit of ₹721.9 mn while declaring final dividend of ₹1.10 per share.
- Oriental Rail Infrastructure: Received order worth ₹39.5 mn.
- RBZ Jewellers: Reported Q4 revenue from operations of ₹1.89 bn and profit of ₹116.8 mn.
- Chemcrux Enterprises: Recommended final dividend of ₹1 per share.
Negative:
- Virgo Polymers India: T. Bhavani resigned as CFO.
- Allcargo Terminals: Company and its unit received total tax demand of ₹530.4 mn.
- Restaurant Brands Asia: Reported Q4 consolidated revenue from operations of ₹7.07 bn and consolidated net loss of ₹430.1 mn.
- Carborundum Universal: Reported Q4 consolidated revenue from operations of ₹13.98 bn and consolidated net loss of ₹175.9 mn despite declaring dividend of ₹2.5 per share.
- Akums Drugs and Pharmaceuticals: Reported disruption at Haridwar manufacturing sites due to labour unrest on May 14, 2026.
- Natco Pharma: Received demand notice directing deposit of ₹49.2 mn.
- SPL Industries: Mukesh Kumar Aggarwal ceased as Managing Director effective May 14, 2026.
- Zee Media Corporation: Opposing party claimed ₹181.1 mn over alleged copyright infringement. The company also provided update on pre-institution mediation proceedings.
Neutral
- Dhanuka Agritech: To consider proposal for buyback of fully paid-up equity shares.
- Chalet Hotels: To dilute partial stake in Chalet Airport Hotel and seek shareholder approval to raise up to ₹10 bn through debt instruments.
- GSP Crop Science: To acquire balance stake of GSP Intermediates for ₹31.5 mn.
- Pricol: Appointed Vikram Mohan as Chairman and Managing Director effective May 14, 2026. The company also reported Q4 consolidated revenue from operations of ₹10.78 bn and profit of ₹732.3 mn.
- Integra Essentia: Approved draft letter of offer for rights issue up to ₹1 bn.
- Jio Financial Services: Goldman Sachs Bank Europe sold 2.7 mn shares through block deal on NSE while Morgan Stanley Asia bought stake.
- Adani Enterprises: GQG Partners Emerging Markets Equity Fund sold 5.9 mn shares through block deal on NSE while SBI Mutual Fund bought stake.
- Kamat Hotels: Continued expansion plans through second Orchid Hotel agreement in Gujarat.
- Fiberweb India: Revised expansion project with ₹500 mn investment for nonwoven felted products.
- Mindspace Business Parks REIT: To consider fundraising through debt securities or commercial papers.
- JLR: Management stated gasoline engine vehicles may remain in North American portfolio for longer and highlighted continued government support.
- Tata Motors Passenger Vehicles: Management indicated commodity prices have risen 5% over the last 9-12 months and highlighted labour shortages affecting production to some extent. The company expects EV demand to rise if fuel prices increase further and noted possible lithium price inflation from cell manufacturers.
- Jyoti Structures: Signed JV for 220KV transmission line project in Sri Lanka.
- Deccan Cements: Seeking shareholder approval for CCD issuance of up to ₹1.03 bn.
- Mahindra Finance: Approved issuance of NCDs up to ₹30 bn.
- Jay Bharat Maruti: To consider issue of securities.
- Antarctica: Approved rights issue to raise up to ₹690 mn.
- HDB Financial Services: Appointed Natarajan Srinivasan as Non-Executive Chairman.
Macro, Non-Corporate, Unlisted and Foreign Stocks
1) India-Russia Diplomacy: Prime Minister Narendra Modi met Russian Foreign Minister Sergey Lavrov and reiterated India's support for peaceful resolution of conflicts.
2) India Gold Import Policy: Government restricted gold imports under advance authorization to 100 kilograms and announced monitoring of exports made under the scheme.
3) India Bond Market: Benchmark 10-year government bond yield ended at 7.0203% versus previous close of 7.0493%.
4) RBI Actions: Reserve Bank of India imposed monetary penalties on Jilla Sahakari Kendriya Bank and Shree Kadi Nagarik Sahakari Bank, restored registration of one NBFC, cancelled registration of 150 NBFCs and noted surrender of registration by seven NBFCs.
5) Macro Commentary: Annual report commentary highlighted tariff regimes and conflict in West Asia as key disruptors to supply chains, energy markets and capital flows globally.
6) Air India / Singapore Airlines: Singapore Airlines management stated that challenging operating conditions and heightened geopolitical uncertainty triggered impairment assessment indicators for its investment in Air India. Air India reportedly posted FY26 loss of S$3.56 bn.
7) Canada EV Sector: Canadian Prime Minister Carney termed Honda's decision to suspend its EV project as disappointing.
8) Vista Equity Partners: Opened new office in Abu Dhabi within ADGM and received full FSRA authorization to advise on investments and arrange deals across the region.
9) South Korea Crude Imports: April crude imports declined to 8.5 mn tonnes from 11 mn tonnes a year ago, reflecting softer import demand.
10) Emirates Global Aluminium (EGA): Reportedly in advanced talks to acquire TAQA and Rio Tinto stakes in Sohar Aluminium.
Bulk and Block Deals:
Adani Enterprises
GQG Partners Emerging Markets Equity Fund, which held a 1.59 percent equity stake in Adani Enterprises as of March 2026, sold 58.92 lakh shares (0.45 percent stake) to SBI Mutual Fund for ₹1,435.15 crore. The transaction was executed at ₹2,435.6 per share.
Jio Financial Services
Morgan Stanley Asia Singapore purchased 26.75 lakh shares (0.04 percent stake) in Jio Financial Services from Goldman Sachs Bank Europe SE - ODI for ₹61.9 crore. The deal was executed at ₹231.45 per share.
Raghav Productivity Enhancers
The Estate of Late Rakesh Jhunjhunwala sold 6.17 lakh shares (1.34 percent stake) in Raghav Productivity Enhancers for ₹46.59 crore at ₹754.85 per share. His wife, Rekha Jhunjhunwala, held a 3.62 percent stake in the company as of March 2026.
Jaro Institute of Technology Management and Research
Promoter Sanjay Namdeo Salunkhe acquired an additional 1.46 lakh shares (0.66 percent stake) in the company for ₹7.51 crore at ₹512.44 per share. This follows his purchase of an additional 1.05 percent stake in the previous session.
Davangere Sugar Company
Craft Emerging Market Fund, through Citadel Capital Fund and Elite Capital Fund, purchased 5 crore shares (3.49 percent stake) in Davangere Sugar for ₹18.25 crore at ₹3.65 per share. The fund already held a 1.4 percent stake in the company as of March 2026.
Zaggle Prepaid Ocean Services
Bhana Equity Advisors LLP sold 7.09 lakh shares (0.5 percent stake) in Zaggle Prepaid Ocean Services at ₹239.14 per share, amounting to ₹16.97 crore.
IPO Listing
Simaca Advertising (SME Listing)
On-going IPO:
NIL
Upcoming IPO:
18-May to 20-May
NFP Sampoorna Foods Ltd (NSE SME)
19-May to 21-May
Teamtech Formwork Solutions Ltd (NSE SME)
Securities Trading Ex-Dividend on May 15, 2026
Anand Rathi Wealth Ltd, Aptus Value Housing Finance Ltd, Gopal Snacks Ltd, HBG Hotels Ltd, India Energy Exchange Ltd, Kennametal India Ltd, Nuvama Wealth Management Ltd, State Bank of India
Securities Trading Ex-Bonus Issue on May 15, 2026
Biogen Pharmachem Industries Ltd (1:6), Dev Labtech Venture Ltd
Securities Trading Ex-Split on May 15, 2026
Dev Labtech Venture Ltd (From Rs.10 to Rs.5)
Securities Trading Ex-Right Issue of Equity Shares on May 15, 2026
Steelco Gujarat Ltd, Onix Solar Energy Ltd
Securities Trading Ex-Buy Back on May 15, 2026
Sarla Performance Fibers Ltd
Securities Trading Ex-Income Distribution on May 15, 2026
Nexus Select Trust (RITES), Knowledge Realty Trust (RITES), National Highways Infra Trust (InvIT)
Securities Under F and O Ban on May 15, 2026
SAIL, KAYNES
Source: WOWNEWS24X7, Moneycontrol, Investing.com
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