Global markets traded mixed-to-positive, with strong gains in Asian indices and upbeat US futures supporting sentiment. FIIs remained net sellers, while DIIs continued buying. Key earnings from Sun Pharma, Eicher Motors, and Hindalco are awaited. Commodity trends stayed mixed, with weaker precious metals and firm crude prices amid supply concerns globally.
Global Market Futures as of 06:40 AM IST
US Market Futures
- Nasdaq: +0.41%
- Dow Jones: +0.21%
- S&P 500: +0.25%
European Futures
- Ftse 100: -0.04%
- Cac 40-: +0.04%
- Dax: +0.70%
Asian
- NIKKEI 225: +1.99%
- KOSPI: -0.22%
- TAIEX: +1.35%
- ASX 200: +0.31%
Gift Nifty: 23616.50 (+0.43%)
FII and DII Trading Activity May 21, 2026 in Cash Market Segment:
FIIs / FPIs: Net Sell of ₹1891.21 crores
DIIs: Net Buy of ₹2492.42 crores
Key Results Today:
Sun Pharmaceutical Industries, Eicher Motors, Hindalco Industries, Colgate Palmolive (India), All Time Plastics, Fortis Healthcare, HG Infra Engineering, Info Edge (India), Narayana Hrudayalaya, NTPC Green Energy, Torrent Pharmaceuticals, TVS Electronics, Unichem Laboratories, Vikran Engineering, and Yatra Online will announce their quarterly earnings today.
Key Results on May 23:
NTPC, Divis Laboratories, Anupam Rasayan India, India Pesticides, JK Cement, Rainbow Children's Medicare, and Sai Parenterals will release their quarterly results on May 23.
Commodity Market Updates:
International commodity markets traded mixed on Tuesday, with precious metals witnessing mild pressure while energy commodities remained firm. Gold prices slipped 0.34% to 4,528.76, while XAU/USD also declined to 4,527.90 amid a stronger dollar and cautious investor sentiment. Silver fell 0.69% to 76.495, reflecting weakness across the precious metals segment. In contrast, copper edged higher by 0.06% to 6.3488, supported by optimism around industrial demand. Crude oil prices stayed resilient, with WTI crude rising 0.12% to 98.12 and Brent crude gaining marginally to 104.94 on supply-side concerns. Natural gas prices declined 0.43% to 2.989 amid expectations of stable supply and softer demand trends globally.
Key Corporate Updates:
Positive:
- Adani Ports: Completed acquisition of Jaypee Fertilizers & Industries Limited and also incorporated subsidiary Astro Ship Management Angola (SIJ) LDA, strengthening its logistics, shipping and integrated infrastructure presence.
- Varun Beverages: PepsiCo and Varun Beverages entered into a revised Exclusive Bottling Appointment and Trademark License Agreement for India, extending the agreement tenure up to April 30, 2049, while also removing the SPV-only activity restriction for Varun Beverages.
- Maruti Suzuki: Announced price increase across its entire vehicle portfolio effective June 2026 by up to ₹30,000 per vehicle due to sustained inflationary pressures, rising input costs and adverse cost environment.
- LIC: Reported Q4 FY26 PAT of ₹234.2 billion with net premium income of ₹1.65 trillion, while FY26 VNB margin stood at 21.2%; company also declared dividend of ₹10 per share.
- Aurobindo Pharma: Reported Q4 FY26 consolidated revenue from operations of ₹88.53 billion and consolidated net profit after tax of ₹9.21 billion.
- GAIL (India): Reported Q4 FY26 revenue from operations of ₹347.97 billion and net profit of ₹12.62 billion; company also announced final results along with dividend recommendation.
- Welspun Corp: Reported Q4 FY26 consolidated revenue from operations of ₹43.13 billion and net profit of ₹3.7 billion; board recommended final dividend of ₹5 per share and approved sale of stake in Clean Max Dhyuthi for ₹76 million.
- Bikaji Foods International: Reported Q4 FY26 consolidated revenue from operations of ₹7.21 billion and net profit of ₹564.1 million; company declared dividend of ₹1.25 per share and appointed Deepak Agarwal as Chairman.
- Sharda Motor Industries: Reported Q4 FY26 consolidated revenue from operations of ₹9.72 billion and net profit of ₹894.2 million; board recommended final dividend of ₹20 per share.
- Max Healthcare Institute: Approved construction of Phase-I Max Super Specialty Hospital in Lucknow with 712 beds at an estimated construction and equipment cost of ₹14 billion; company also plans phased brownfield capacity expansions and additional capacity through Gurgaon facility commissioning by year-end; board recommended dividend of ₹2 per share.
- Honasa Consumer: Reported Q4 FY26 consolidated revenue from operations of ₹6.57 billion and net profit of ₹691.9 million; company recommended maiden final dividend of ₹3 per share.
- FSN E-Commerce Ventures (Nykaa): Reported Q4 FY26 consolidated revenue from operations of ₹26.48 billion and net profit of ₹783.8 million; company also acquired additional stake in Earth Rhythm in a deal valued at ₹94 million.
- VA Tech Wabag: Reported Q4 FY26 consolidated revenue from operations of ₹14.14 billion and net profit of ₹1.28 billion; board recommended final dividend of ₹5 per share.
- Repco Home Finance: Reported Q4 FY26 consolidated revenue from operations of ₹4.54 billion and PAT of ₹1.35 billion; company approved fundraising of ₹10 billion through commercial papers and ₹15 billion through NCDs; board declared dividend of ₹3 per share.
- ICRA: Reported Q4 FY26 consolidated revenue from operations of ₹1.75 billion and net profit of ₹524.5 million; recommended final dividend of ₹105 per share including special dividend of ₹35 per share.
- Juniper Hotels: Reported Q4 FY26 consolidated revenue from operations of ₹3.01 billion and net profit of ₹503.8 million; approved acquisition of 100% equity share capital of Juniper Hospitality Assets and re-appointed Arun Kumar Saraf as Chairman and MD for three years from March 2027.
- SAMHI Hotels: Reported Q4 FY26 consolidated revenue from operations of ₹3.45 billion and net profit of ₹3.54 billion; company to develop a 135-room Marriott-branded hotel at Sriperumbudur.
- Allcargo Terminals: Reported Q4 FY26 consolidated revenue from operations of ₹2.08 billion and net profit of ₹87.7 million; company acquired 25% stake in Allcargo Group Services Private Limited.
- Datamatics Global Services: Reported Q4 FY26 consolidated revenue from operations of ₹5.19 billion and net profit of ₹442.1 million; board recommended dividend of ₹5 per share.
- Ganesha Ecosphere: Reported Q4 FY26 consolidated revenue from operations of ₹4.24 billion and profit of ₹232.1 million; board recommended dividend of ₹3.50 per share.
- Lux Industries: Reported Q4 FY26 consolidated total income of ₹8.84 billion and net profit of ₹472.6 million; company recommended final dividend of ₹2 per equity share.
- Rashtriya Chemicals & Fertilizers: Reported Q4 FY26 consolidated revenue from operations of ₹55.81 billion and PAT of ₹1.87 billion; declared dividend of ₹1.34 per share.
- TGV Sraac: Reported Q4 FY26 revenue from operations of ₹5.11 billion and profit of ₹279.9 million; company declared dividend of ₹1 per share.
- Hindustan Foods: Reported Q4 FY26 consolidated revenue from operations of ₹11.17 billion and net profit of ₹415.5 million.
- Dr. Agarwal’s Health Care: Reported Q4 FY26 consolidated revenue from operations of ₹5.64 billion and PAT of ₹397.1 million.
- Ixigo: Reported Q4 FY26 consolidated revenue from operations of ₹3.08 billion and net profit of ₹319.6 million.
- Windlas Biotech: Reported Q4 FY26 consolidated revenue from operations of ₹2.38 billion and net profit of ₹159.9 million; board declared dividend of ₹6.30 per share.
- Exato Technologies: Secured new order worth ₹245.8 million.
- BCPL Railway Infrastructure: Emerged as single lowest bidder for a railway infrastructure project valued at ₹42.5 million.
- Carysil: Announced commencement of commercial production of additional capacity of 70,000 steel sinks per annum.
- Eicher Motors: Approved investment of up to ₹7.5 billion in Volvo Financial Services (India) and appointed Vinod Kumar Aggarwal as Executive Vice Chairman.
- Tata Motors / Stellantis: Stellantis executive stated Tata Motors will provide platform architecture to develop a new Jeep vehicle in India through the local JV, with global export potential.
- India Gelatine & Chemicals / Polychem / Cheviot: Multiple companies announced healthy shareholder payouts, including India Gelatine dividend of ₹6/share, Polychem dividend of ₹20/share and Cheviot dividend of ₹25/share.
- Sun TV Network: Reported Q4 FY26 consolidated revenue from operations of ₹8.83 billion and PAT of ₹2.32 billion.
- Electrotherm India: Reported Q4 FY26 consolidated revenue from operations of ₹11.4 billion and PAT of ₹136.3 million.
- Wakefit Innovations: Reported Q4 FY26 revenue from operations of ₹3.44 billion and profit of ₹1.22 billion.
- LG Electronics India: Reported Q4 FY26 revenue from operations of ₹80.54 billion and profit of ₹6.93 billion; company stated margins were impacted by rupee depreciation and elevated commodity prices, while expecting segment demand and margins to improve in FY27.
Negative:
- MTNL: Reported Q4 FY26 consolidated revenue from operations of ₹3.71 billion and consolidated loss of ₹3.07 billion, reflecting continued operational stress.
- GMR Power and Urban Infra: Reported Q4 FY26 consolidated revenue from operations of ₹20.04 billion while posting consolidated net loss of ₹1.12 billion.
- Spencer’s Retail: Reported Q4 FY26 consolidated revenue from operations of ₹4.36 billion and net loss after tax of ₹655.8 million.
- Centrum Capital: Reported Q4 FY26 consolidated revenue from operations of ₹10.30 billion while posting consolidated net loss of ₹312.7 million; company also approved fundraising up to ₹10 billion through rights issue/private placement and NCDs.
- Duroply Industries: Reported Q4 FY26 revenue from operations of ₹1.12 billion and net loss of ₹24.5 million.
- Max Healthcare Institute: Q4 FY26 consolidated revenue from operations of ₹21.43 billion and profit of ₹3.42 billion came below IBES estimates of ₹26.05 billion revenue and ₹4.03 billion profit.
- Swiggy: Resolution seeking alteration of Articles of Association failed to pass after falling short of required shareholder approval threshold by 2.65%.
- RailTel Corporation: Decided not to proceed with a project valued at ₹267.3 million due to prevailing war situation, despite earlier receipt of Letter of Acceptance for the project.
- Tata Steel: Supreme Court issued notice and granted stay on proceedings in the Jamshedpur input tax credit case involving tax demand and penalty of ₹8.91 billion each.
- Allied Blenders & Distillers: Announced that Alok Gupta will step down as MD while Amar Sinha has been appointed MD-designate.
- Ishwarshakti Holding & Traders: Geeta Seksaria resigned as Chairman and Managing Director effective May 28, 2026.
- CBI / IDFC First Bank Case: Central Bureau of Investigation filed first chargesheet in alleged government fund misappropriation case involving approximately ₹5.04 billion linked to IDFC First Bank case.
Neutral:
- Cheviot: Reported Q4 FY26 revenue from operations of ₹1.41 billion and quarterly loss of ₹90.5 million despite declaring dividend of ₹25 per share.
- Fino Payments Bank: Rishi Gupta tendered request for voluntary early retirement and ceased to be MD & CEO effective May 21, 2026; bank extended tenure of interim CEO Ketan Merchant and interim CFO Anup Agarwal, although board maintained that Gupta remained “fit and proper” to continue.
- Indian Overseas Bank: Approved raising up to ₹10 billion through Basel III-compliant Tier-II bonds and equity capital raising of up to ₹50 billion through FPO, rights issue, QIP or other modes.
- Union Bank of India: Scheduled board meeting on May 26, 2026 to discuss capital raising plans.
- Eicher Motors / Volvo Financial Services: Announced formation of JV to undertake financial services business in India, initially focused on financing Volvo and Eicher commercial vehicles; transaction expected to close in H1 2027 subject to regulatory approvals.
- Adani Total Gas: Re-designated Executive Director & CEO Suresh P. Manglani as Executive Director.
- Total Transport Systems: Approved disinvestment of entire stake held in R N Freight Forwarders.
- GAMCO: Approved investment of up to ₹60 million for stake acquisition in Blissara Resorts Private Limited.
- Richfield Financial Services: Appointed Varun P. Mathews as Chief Financial Officer.
- Oil Country Tubular: Appointed Ramamuni Reddy Jampanapalle as Chief Financial Officer.
- Prag Bosimi Synthetics: Appointed Shri Hivare Nisarg Gautam as Chairman effective May 19, 2026.
- LIC Management Commentary: LIC executive stated that implementation of 100% FDI in insurance could result in increased participation of foreign insurance players in the Indian market.
Macro, Non-Corporate, Unlisted & Foreign Stocks
1) Air India: Confirmed that flight AI2802 operating from Bengaluru to Delhi on May 21, 2026 encountered an incident, but aircraft landed safely and all passengers and crew members are safe.
2) Rubio / Cuba: U.S. official Marco Rubio stated that if there is a national security threat, Donald Trump is obligated to address it; added that Trump prefers a peaceful negotiated agreement with Cuba, although likelihood remains low under current leadership.
3) Rubio / Venezuela: Rubio stated that the interim Venezuelan president is expected to travel to India next week.
4) Stellantis: Company targets reducing product development cycle time to 24 months from 40 months by 2030.
5) Volvo: Stated that proposed JV with Eicher will operate independently, initially focus on financing Volvo and Eicher commercial products, and transaction is not expected to materially impact earnings at closing.
6) Germany-China Delegation: Senior executives from BASF, Thyssenkrupp and Siemens Energy will accompany the German Economy Minister on an official visit to China next week.
7) RBI: Reserve Bank of India imposed monetary penalty on AKG Infin Private Limited.
8) SEBI: Issued consultation paper for review of price discovery mechanism through pre-open call auction session for IPOs and relisted scrips.
9) India Government / Hormuz Strait: Government official stated that securing release of Indian vessels stranded in the Hormuz Strait remains a priority.
Bulk & Block Deals:
India Motor Parts & Accessories:
TSF Investments, the largest public shareholder in India Motor Parts & Accessories, increased its stake by acquiring 3.54 lakh shares, equivalent to 2.8 percent, for ₹40.71 crore at ₹1,149 per share. Meanwhile, Pari Washington Investment Fund and Pari Washington India Master Fund together sold 3.06 lakh shares worth nearly ₹35.2 crore through separate bulk deals at around ₹1,150 per share.
Energy Infrastructure Trust:
Tara Investments 2, an Incorporated VCC Sub-Fund, acquired 3.04 crore units or a 4.57 percent stake in Energy Infrastructure Trust from Brookfield Corporation’s subsidiary Rapid Holdings 2 Pte. The deal was valued at ₹231.34 crore and executed at ₹76.1 per unit, reflecting strong institutional interest in infrastructure investment trust assets.
Sammaan Capital:
Societe Generale purchased 68.62 lakh shares in Sammaan Capital through a bulk deal at ₹154.17 per share. The transaction was valued at approximately ₹105.8 crore, indicating continued institutional participation in the company. The acquisition highlights investor confidence in the financial services firm amid ongoing activity in the capital markets.
On-going IPO:
Last Date 22-May
Harikanta Overseas Ltd (BSE SME)
Vegorama Punjabi Angitihi Ltd (BSE SME)
Last Date 25-May
Bio Medica Laboratories Ltd (NSE SME)
Q-Line Biotech Ltd (NSE SME)
Last Date 26w-May
M R Maniveni Foods Ltd (BSE SME)
Upcoming IPO:
26-May to 29-May
SMR Jewels Ltd (BSE SME)
Securities Trading Ex-Dividend on May 22, 2026
Havells India Ltd, Himadri Speciality Chemical Ltd Jindal SAW Ltd, Jupiter Life Line Hospitals Ltd, Larsen & Toubro Ltd, L&T Finance Ltd, L&T Technology Services Ltd, Maithan Alloys Ltd, Nicco Parks & Resorts Ltd, Sula Vineyards Ltd, Trident Ltd, Vinyl Chemicals (India) Ltd, Workmates Core2Cloud Solution Ltd
Securities Trading Ex-Right Issue of Equity Shares on May 22, 2026
GS Auto International Ltd
Securities Trading Ex-Buy Back of Shares on May 22, 2026
CMS Info Systems Ltd, Welspun Living Ltd
Securities Trading Ex-Stock Split on May 22, 2026
Gautam Exim Ltd (From Rs 10 to Rs 5)
Securities Trading Ex-Income Distribution on May 22, 2026
Anantam Highways Trust (InvIT), Capital Infra Trust (InvIT), Vertis Infrastructure Trust (InvIT), Sustainable Energy Infra Trust (InvIT)
Securities Trading Ex-Interest Payment on May 22, 2026
815GS2026 (Government Securities)
Securities Under F&O Ban on May 22, 2026
SAIL, KAYNES
Source: WOWNEWS24X7, Moneycontrol, Investing.com
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