Global markets traded firmly positive with Nasdaq futures surging over 1 percent, while crude oil prices plunged nearly 5 percent, boosting sentiment. Despite continued FII selling, strong DII buying supported Indian markets. Investors now await key earnings from Suzlon, RVNL, Pine Labs, Hitachi Energy, and several major companies today.
Global Market Futures (as of 05:50 AM IST)
US Market (Futures)
- Nasdaq: +1.05%
- Dow Jones: +0.58%
- S&P 500: +0.68%
European (Futures)
- Ftse 100: +0.04%
- Cac 40: +0.54%
- Dax: +0.41%
Asian
- NIKKEI 225: +1.97%
- ASX 200: +0.08%
Gift Nifty (Prev. Close): 23720.00 (+0.12%)
Note: United Kingdom observes a trading holiday on account of Spring Bank Holiday, United States on account of Memorial Day, South Korea on account of Vesak Day and Hong Kong on account of The Birthday of the Buddha.
FII and DII Trading Activity May 22, 2026 in Cash Market Segment:
FIIs / FPIs: Net Sell of ₹4440.47 crores
DIIs: Net Buy of ₹6003.53 crores
Key Results Today:
Aditya Birla Fashion and Retail, Amara Raja Energy & Mobility, Awfis Space Solutions, Container Corporation of India, Entero Healthcare Solutions, Krsnaa Diagnostics, NBCC (India), Pace Digitek, Pine Labs, Hitachi Energy India, Rail Vikas Nigam, Suzlon Energy, Tracxn Technologies, TVS Supply Chain Solutions and Yatharth Hospital & Trauma Care Services will announce their quarterly earnings today.
Commodity Market Updates:
International commodity markets traded mixed, with precious and industrial metals witnessing gains, while energy prices declined sharply. Gold prices rose 0.38 percent to 4,573.84, while XAU/USD gained 1.39 percent to 4,572.09 amid safe-haven buying. Silver outperformed, climbing 3.41 percent to 78.800, supported by strong industrial demand. Copper also advanced 0.95 percent to 6.4398, reflecting optimism around global manufacturing activity. In the energy segment, crude oil prices came under pressure, with WTI crude falling 4.72 percent to 92.04 and Brent crude declining 4.47 percent to 95.73, indicating concerns over demand outlook and possible easing supply disruptions. Natural gas prices slipped marginally by 0.33 percent to 3.011.
Key Corporate Updates
Positive
- 20 Microns: Reported Q4 consolidated revenue of ₹2.61 billion and net profit of ₹176.2 million; recommended dividend of ₹1.25 per share.
- Alufluoride: Declared dividend of ₹4 per share.
- Arrow Greentech: Declared dividend of ₹5 per share for shareholders.
- Birla Cable: Reported Q4 consolidated revenue of ₹2.14 billion and net profit of ₹108 million; appointed Somesh Laddha as Manager and CFO and declared dividend of ₹1.25 per share.
- Century Plyboards: Reported Q4 consolidated revenue of ₹14.92 billion and net profit of ₹780.8 million.
- Colgate-Palmolive India: Reported Q4 sales of ₹15.83 billion and net profit of ₹3.53 billion; declared dividend of ₹24 per share and reappointed Jacob Sebastian Madukkakuzy as CFO.
- Dachepalli Publishers: Purchased notebook manufacturing machinery for business expansion.
- Dhruv Consultancy Services: Received Letter of Acceptance worth ₹55.8 million from NHAI.
- Divis Laboratories: Profit grows 13.4% to ₹751 crore vs ₹662 crore, while revenue increases 9.5% to ₹2,831 crore vs ₹2,585 crore.
- Eicher Motors: Reported Q4 consolidated revenue of ₹60.8 billion and net profit of ₹15.2 billion, both above street estimates; declared dividend of ₹82 per share.
- Faze Three: Reported Q4 consolidated revenue of ₹2.77 billion and net profit of ₹196 million.
- Fortis Healthcare: Reported Q4 consolidated revenue from operations of ₹23.65 billion and profit from continuing operations of ₹2.66 billion; declared dividend of ₹1 per share.
- Goldiam International: Announced consideration of bonus equity share issuance, signalling confidence in future growth outlook.
- Greenlam Industries: Reported Q4 consolidated revenue of ₹8.58 billion and net profit of ₹394.6 million.
- Gujarat Themis Biosyn: Signed definitive agreement to acquire Japan-based Microbiopharm for consideration of around JPY 21.5 billion (about ₹13 billion), marking a strategic expansion in biotechnology capabilities.
- Hariom Pipe Industries: Reported Q4 consolidated revenue of ₹5.07 billion and net profit of ₹301 million.
- Indigo Paints: Reported Q4 consolidated revenue of ₹4.25 billion and net profit of ₹576.7 million; board also declared dividend of ₹5 per share.
- IRFC: Signed external commercial borrowing agreement equivalent to USD 1.1 billion with consortium comprising SBI, HDFC Bank, SMBC and DBS Bank, improving long-term funding access.
- Jayant Infratech: Secured contract worth ₹120.2 million.
- Konstelec Engineers: Emerged as L1 bidder for projects worth ₹1.66 billion, boosting order book visibility.
- Kothari Industrial Corporation: Entered into MoU with Australia-based SABRN Tech Pty Ltd for strategic collaboration opportunities.
- Laxmi Organic Industries: Commissioned Ethyl Acetate plant at Lote, Maharashtra, strengthening manufacturing capacity.
- Lupin: Received China approval for Oseltamivir Phosphate Oral Suspension, strengthening the company’s anti-viral and respiratory product portfolio in the Chinese market.
- Maharashtra Seamless: Reported Q4 consolidated operational income of ₹12.8 billion and net profit of ₹1.03 billion; recommended dividend of ₹10 per share.
- Manaksia Steels: Reported Q4 consolidated revenue of ₹3.33 billion and net profit of ₹193.2 million.
- Manomay Tex India: Reported Q4 revenue of ₹2.04 billion and profit from continuing operations of ₹50 million; also approved acquisition of 26% equity stake in LOV Smart RJI.
- Max Healthcare: Competition Commission passed favourable separate orders in favour of various network hospitals of the company.
- NIS Management: Secured five work orders from Reliance Projects and Property Management Services with aggregate value of ₹307.7 million.
- NTPC: Profit surges 34.4% to ₹10,615 crore vs ₹7,897.1 crore, while revenue falls 0.3% to ₹49,687.8 crore vs ₹49,833.7 crore. Tax write-back stands at ₹9,062.1 crore against tax expenses of ₹2,725.6 crore.
- NTPC Green Energy: Reported Q4 consolidated revenue of ₹9.13 billion and net profit of ₹1.97 billion; additionally approved fundraising of up to ₹50 billion during FY27.
- Oil India: Announced discovery of new gas potential in Rajasthan’s Dandewala field, with average inflow of 25,000 SCMD from well depth exceeding 950 metres.
- Paramount Communications: Reported Q4 consolidated revenue of ₹5.73 billion and profit of ₹205.2 million.
- Pix Transmissions: Declared dividend of ₹9 per share.
- PNC Infratech: Received ₹2.29 billion from NHAI under one-time settlement, strengthening liquidity position.
- Precision Camshafts: Reported Q4 consolidated revenue of ₹2.01 billion and net profit of ₹100.6 million; declared dividend of ₹1 per share.
- Pudumjee Paper Products: Reported Q4 revenue of ₹2 billion and net profit of ₹197.2 million.
- Ramco Cements: Reported Q4 revenue of ₹26.06 billion and PAT of ₹1.46 billion; recommended dividend of ₹2.50 per share.
- S Chand and Company: Reported strong Q4 consolidated revenue of ₹5.48 billion and net profit of ₹1.7 billion; declared dividend of ₹4 per share and approved corporate guarantee up to ₹200 million for subsidiary New Saraswati House.
- Sealmatic India: Declared dividend of ₹1.10 per share.
- Sterlite Technologies: Subsidiary secured multi-year AI-ready data centre supply agreement valued at over USD 1 billion from a hyperscaler partner.
- Tarsons Products: Reported Q4 consolidated revenue of ₹1.21 billion and profit of ₹41.8 million.
- Tinna Rubber and Infrastructure: Approved additional investment of up to ₹150 million in South Africa-based Mbodla Investments and recommended dividend of ₹3.25 per share.
- Torrent Pharma: Reported Q4 consolidated revenue of ₹41.97 billion and net profit of ₹3.89 billion; declared dividend of ₹9 per share and proposed fundraising up to ₹50 billion through QIP and other routes.
- TVS Motor: Completed acquisition transaction and now holds 4.90% stake in Jana Small Finance Bank, expanding strategic financial services exposure.
- TVS Supply Chain Solutions: Acquired 100% stake in Swamy and Sons 3PL through investment of ₹595.6 million, strengthening logistics and warehousing capabilities.
- Unichem Laboratories: Reported Q4 consolidated revenue of ₹5.75 billion and net profit of ₹109.1 million; reappointed Pabitrakumar Bhattacharyya as MD and CEO.
Negative
- Central Bank of India: Government exercised oversubscription option to divest additional 4% stake through OFS, likely increasing near-term supply pressure on stock.
- Indus Towers: CFO Vikas Poddar resigned from the company.
- Kolte-Patil Developers: Reported Q4 consolidated net loss of ₹157.5 million despite revenue of ₹2.49 billion.
- Maruti Suzuki: Recalled 26 Super Carry vehicles manufactured between February 17 and 21, 2026 over suspected defect in front driver seat adjuster assembly.
- Paytm: SAIF III Mauritius sold 5.6 million shares via bulk deal at ₹1,120.65 per share on BSE.
- SEPC: Received SEBI warning letter for delayed disclosure related to arbitration and settlement matter involving Hindustan Copper.
- U.P. Hotels: Received administrative warning and advisory letter from SEBI.
- Welspun Enterprises: Company unit received show-cause notices involving tax demand of ₹3.6 billion plus applicable interest.
Neutral
- AG Ventures: Appointed Gaurav Jain as CEO.
- BSE Indices: Announced rebalancing effective June 22, 2026, with Ashok Leyland, Paytm and CG Power added to BSE 100 index, while Ambuja Cements, Tube Investments and Colgate-Palmolive India were removed.
- Hindalco Industries: Reported Q4 consolidated revenue from operations of ₹781.33 billion versus IBES estimate of ₹723.96 billion, while net profit came in at ₹25.97 billion against estimate of ₹43.12 billion due to one-time charge of ₹41.71 billion; board also recommended final dividend of ₹5 per share.
- HVAX Technologies: Appointed Rajendra Prasad Kharita as CFO.
- Indobell Insulations: Appointed Mayank Burman as CEO.
- Lloyds Metals and Energy: Announced change in directors, key managerial personnel and compliance structure.
- National Fittings: Approved amalgamation of Avisa and Banil Casting with the company.
- Pidilite Industries: Appointed Sudhanshu Vats as Managing Director and Kavinder Singh as Joint Managing Director.
- Shah Metacorp: Approved investment of up to USD 200,000 in Shah Metacorp Holdings USA Inc.
- South Indian Bank: Board approved panel of candidates for MD and CEO role and will seek RBI approval for appointment process.
- Tamil Nadu Newsprint and Papers: Appointed Thiru Kumar Jayant as Chairman and Managing Director.
- Vikran Engineering: Approved fundraising through issuance of NCDs for amount up to ₹4 billion.
Macro, Non-Corporate, Unlisted and Foreign Stocks
1) Government Securities and Borrowing: India’s 10-year benchmark bond yield ended at 7.0917% against previous close of 7.1134%; government to auction ₹240 billion treasury bills on May 27 comprising 91-day, 182-day and 364-day papers.
2) HANIND: Telangana Chief Minister Revanth Reddy congratulated NIMS for achieving major kidney transplant milestone.
3) Lululemon Athletica: Announced planned entry into India during 2026 alongside expansion into Romania and Austria.
4) RBI Economic Bulletin: Domestic economic activity remained resilient in April despite moderation in select indicators; high-frequency indicators continued to signal sustained demand conditions, while inflation remained within tolerance band though supply-side and energy market pressures persist.
5) RBI External Sector Update: Foreign portfolio investors remained net sellers during April and May though pace of outflows moderated; net FDI remained positive for second consecutive month in March.
6) RBI Financials and Surplus Transfer: RBI stated FY26 gross income rose 26.42% while balance sheet expanded 20.61% to ₹91.97 trillion; central bank approved surplus transfer of ₹2.87 trillion to Government of India for FY26 and maintained contingency risk buffer at 6.5%.
7) RBI Forex and Reserves: RBI sold net USD 9.76 billion in spot forex market during March, while outstanding net forward sales stood at USD 103.06 billion at March-end; India’s forex reserves declined to USD 688.89 billion as of May 15 from USD 696.99 billion a week earlier.
8) RBI Government Position: RBI stated federal government had no outstanding loans with the central bank as on May 15.
9) RBI Liquidity Measures: RBI announced 4-day Variable Rate Repo auction under LAF for ₹1.5 trillion scheduled on May 25, 2026.
10) RBI Long-Term Outlook: RBI bulletin noted that if growth trajectory of past two decades sustains, average state per capita income could approach high-income thresholds by FY2046-47.
11) RBI Regulatory Actions: RBI imposed monetary penalties on City Union Bank, Newa Investments Pvt Ltd and Mintifi Finserve Pvt Ltd; City Union Bank penalty related to charges levied on agriculture priority sector loans.
12) RBI and UNSC Compliance Update: RBI updated UNSC 1267/1989 ISIL and Al-Qaida sanctions list and removed seven entries.
13) SEBI Regulatory Actions: SEBI issued interim order in matter related to trading in certain scrips through social media-based stock recommendations; regulator also cancelled registrations of Venti-Ireland Asia Advisors Services as AIF and Indostar Credit Fund.
Bulk and Block Deals
One 97 Communications (Paytm)
Elevation Capital entities SAIF III Mauritius Company and SAIF Partners India IV sold 85.98 lakh shares, or 1.34 percent stake, in Paytm for ₹963.6 crore at ₹1,120.65 per share. As of March 2026, the entities held a combined 13.43 percent stake. The shares were acquired by 12 institutional investors, including mutual funds, global banks and foreign investment firms.
JSW Cement
Apollo Global Management subsidiary AP Asia Opportunistic Holdings sold 4.58 crore shares, representing a 3.36 percent stake in JSW Cement, for ₹568.14 crore at ₹124 per share. As of March 2026, the entity held a 3.4 percent stake. The shares were purchased by 11 domestic and global investors, including mutual funds, Goldman Sachs and New York State Teachers Retirement System.
Pine Labs
Madison India Opportunities IV, owned by Madison India Capital, sold 2.47 crore shares or a 2.15 percent stake in Pine Labs for ₹356.86 crore at ₹144 per share. As of March 2026, Madison India held a 2.21 percent stake. Buyers included Franklin Templeton, Tata Mutual Fund, Morgan Stanley Asia Singapore, ICICI Prudential entities, HSBC Mutual Fund and other institutional investors.
Le Travenues Technology
Schroder International Selection Fund Asian Total Return sold 34.55 lakh shares, representing a 0.78 percent stake in Ixigo, for ₹58.89 crore at ₹170.42 per share. As of March 2026, Schroders held a 2.3 percent stake in the company. The transaction reflects continued institutional activity in the online travel platform’s shares.
PNGS Reva Diamond Jewellery
Baring Private Equity India Fund 6, owned by Baring Private Equity Partners India, acquired 2.13 lakh shares or a 0.67 percent stake in PNGS Reva Diamond Jewellery for ₹8.33 crore. The deal was executed at ₹390 per share, highlighting private equity interest in the jewellery retailer and lifestyle segment.
Inventurus Knowledge Solutions
Berjis Minoo Desai sold 6 lakh shares, representing a 0.34 percent stake in Inventurus Knowledge Solutions, for ₹94.8 crore at ₹1,580 per share. Edelweiss Mutual Fund, through its Small Cap Fund, along with 3P India Equity Fund, acquired the shares sold by the company’s chairperson in the block deal.
Adani Energy Solutions
Birla Mutual Fund acquired 48.05 lakh shares, representing a 0.4 percent stake in Adani Energy Solutions, from Qatar Holding LLC for ₹643.5 crore. The block deal was executed at ₹1,339 per share, reflecting institutional investor interest in the Adani Group’s energy transmission and distribution business.
IPO Listing
NFP Sampoorna Foods Ltd (SME)
On-going IPO
Last Date 25 May
Bio Medica Laboratories Ltd (NSE SME)
Q-Line Biotech Ltd (NSE SME)
Last Date 26 May
M R Maniveni Foods Ltd (BSE SME)
Last Date 27 May
Harikanta Overseas Ltd
Upcoming IPO
26 May to 29 May
SMR Jewels Ltd (BSE SME)
Rajnandini Fashion India Ltd (BSE SME)
Securities Trading Ex-Dividend on May 25, 2026
LTM Ltd, Siyaram Silk Mills Ltd, Tata Consumer Products Ltd, Tata Consultancy Services Ltd
Securities Trading Ex-Bonus Issue on May 25, 2026
PAE Ltd (6:1)
Securities Under F&O Ban on May 25, 2026
SAIL, KAYNES
Source: WOWNEWS24X7, Moneycontrol, Investing.com
