.png)
9 hours ago
72
Bullish stock market 3D render istock photo for BL | Photo Credit: istock.com
ensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 25th May 2026.
Indian benchmark indices rallied sharply on Monday, with the Nifty surging 312.40 points, or 1.32%, to close at 24,031.70, while the Sensex jumped 1,073.61 points, or 1.42%, to end at 76,488.96. Market breadth remained firmly positive as advancing stocks outpaced losers.
Analysts attributed the rally to easing crude oil prices and improving global sentiment amid expectations of progress in a possible US-Iran deal. Large-cap stocks led the gains, supported by attractive valuations and strong quarterly earnings from financial companies.
Auto and realty stocks also witnessed buying interest.
According to Geojit Investments’ Vinod Nair, softer global bond yields and signs of stability in the rupee further supported sentiment. However, he noted that sustaining the rally would depend on easing geopolitical tensions and continued stability in crude oil prices.
- May 25, 2026 15:59
The live blog is now closed.
- May 25, 2026 15:54
Currency market live: Oil slump, RBI support manifest in rupee’s three-day winning streak
Oil slump, RBI support manifest in rupee’s three-day winning streak
The rupee gains for three days amid RBI support and falling oil prices, closing at 95.23 per dollar.
- May 25, 2026 15:44
Stock Market Live: Markets rally on lower crude and US–Iran deal hopes; large caps and financials lead gains
Vinod Nair, Head of Research, Geojit Investments Limited
“Markets witnessed strong positive momentum, driven by a correction in crude oil prices amid rising expectations of a potential US–Iran deal. Global sentiment improved on reports of progress towards reopening the Strait of Hormuz, although credibility remains uncertain given frequent shifts in developments. The rally was led by large caps, supported by relatively attractive valuations versus long-term averages. On the sectoral front, financials outperformed on the back of strong Q4 earnings, while autos remained constructive.
Realty also saw renewed interest following its recent sharp correction. On the macro front, global yields softened modestly, while rupee depreciation appears to have stabilised, aided by RBI commentary highlighting that the INR is undervalued, though it is early to confirm a sustained trend. Sustainability of this momentum will depend on a credible de-escalation in geopolitical tensions and continued stability in crude oil prices.”
- May 25, 2026 15:42
Stock Market Live: ONGC floats global tender for technical partner to boost Western Offshore oil, gas output
ONGC decided to engage a Technical Services Provider for the entire Western Offshore (excluding the Mumbai High field) in line with the existing TSP engaged for the MH field. Accordingly, ONGC issued an International Competitive Bidding (ICB) Tender for engagement of a TSP to enhance production from mature offshore oil and gas fields in the Mumbai Offshore Basin (excluding Mumbai High) through the induction of global technology, expertise, and best-in-class operational and management practices. All the major International Oil Companies were invited to participate.
- May 25, 2026 15:41
Share market live: DDEV Plastiks Q4 profit rises to Rs 54.5 crore on higher revenue; EBITDA margin slips to 9.7%
DDEV PLASTIKS: Q4 EBITDA 743M RUPEES VS 765M (YOY) || Q4 EBITDA MARGIN 9.7% VS 10.38% (YOY)
DDEV PLASTIKS: Q4 REVENUE 7.65B RUPEES VS 7.4B (YOY)
DDEV PLASTIKS: Q4 SL NET PROFIT 545M RUPEES VS 517M (YOY)
- May 25, 2026 15:40
Stock Market Live: Elin Electronics swings to Rs 76 lakhs Q4 net loss; EBITDA margin drops to 1.8%
ELIN ELECTRONICS: Q4 EBITDA 60M RUPEES VS 202M (YOY) || Q4 EBITDA MARGIN 1.84% VS 6.4% (YOY)
ELIN ELECTRONICS: Q4 CONS NET LOSS 7.6M RUPEES VS PROFIT 172M (YOY)
- May 25, 2026 15:39
Stock market live: Fresh Admissions Ease in FY26, While Delays Continue in Existing Cases: CareEdge on IBC cases
* The aggregate recovery rate under the Insolvency and Bankruptcy Code (IBC) remained range-bound, easing
marginally to 30.6% in Q4FY26 from 31.6% in Q3FY26, reflecting a haircut of around 69% on admitted claims.
* In Q4FY26, the number of cases admitted witnessed an uptick by 8.0% year-on-year (y-o-y). However, total
admissions through FY26 remained below 700, indicating relatively subdued levels over the past five years.
Extended resolution timelines have led to a sectoral distribution that has remained largely consistent with
previous periods.
* The number of ongoing Corporate Insolvency Resolution Process (CIRPs) declined to 1,885 cases in FY26 from
1,891 cases in FY25, remaining broadly around the 1,900 level, with the manufacturing sector continuing to
account for the largest share of cases (36%).
- May 25, 2026 15:38
Share market updates: Shriram General Insurance and Piramal Finance Join Hands for Strategic Partnership
Shriram General Insurance (SGI) today announced a strategic corporate agency partnership with Piramal Finance, a leading retail-focused upper-layer NBFC in India, to improve access to insurance solutions, particularly across semi-urban and rural markets.
Under the partnership, SGI will leverage Piramal Finance’s extensive branch network and customer outreach to offer its wide range of insurance products across 701 branches of Piramal Finance spanning 26 states and over 13,000 pin codes.
The partnership reflects the shared commitment of both organisations to make insurance solutions more accessible and meaningful for customers, helping them safeguard their assets, livelihoods and long-term financial well-being. By combining Shriram General Insurance’s long-standing industry experience, customer-centric approach, and the trust it has built over the years with Piramal Finance’s innovative ‘High Tech + High Touch’ approach, the partnership aims to create seamless and convenient access to protection solutions across diverse geographies.
- May 25, 2026 15:37
Stock market live updates: Jyoti Global Plast forays into aerial media through JV to introduce Aerial Out-of-Home (AOOH) advertising in Maharashtra
Jyoti Aeronext, a joint venture between Jyoti Global Plast and Drone IQ Aeronext LLP, is set to enter the emerging aerial media segment and introduce Aerial Out-of-Home (AOOH) advertising in Maharashtra through a managed Drone Advertising-as-a-Service (DAAS) model.
The venture aims to establish a new media layer within India’s evolving out-of-home (OOH) ecosystem by enabling brands to execute high-visibility, experience-led and digitally amplifiable campaigns through aerial display formats.
As brands increasingly compete for consumer attention in cluttered urban environments, media investments are shifting towards immersive formats that combine visibility, engagement and shareability. AOOH seeks to respond to this shift by introducing an event-led and location-responsive advertising format that extends beyond conventional static outdoor inventory.
Structured as a managed services platform rather than a standalone drone deployment offering, the business will offer end-to-end campaign execution spanning design, aerial display operations, content management, flight planning, permissions support, event execution and campaign reporting.
The platform is expected to support automotive launches, premium real estate showcases, retail activations, public events, entertainment experiences and large-format brand campaigns. The concept material outlines an aerial LED display format designed for event-led activations and end-to-end managed execution.
Unlike conventional outdoor formats, AOOH enables temporary, location-responsive and experience-led campaign execution – offering brands an additional layer of engagement for premium activations and high-attention environments.
Karan Shah, Chief Financial Officer, Jyoti Global Plast, said: “Outdoor advertising is undergoing a visible shift towards more immersive and outcome-oriented formats. Through this venture, we aim to introduce aerial media as a structured and accessible category for brands while combining technology, managed execution and experiential engagement. We believe AOOH can complement India’s evolving media mix.”
- May 25, 2026 15:37
Share market live today: Headsup B2B Deepens Vertical Integration Play, Targets ₹400 crore for the current fiscal year
Headsup B2B, a one-stop pan-India procurement and supply chain platform serving the infrastructure, industrial and renewable energy sectors, is targeting ₹400 crore in revenue this fiscal year, building on over 2,200 transactions worth ₹250 crore executed in the previous financial year. While allied infrastructure services accounted for nearly 80% of revenue during that period, renewable energy, industrial automation and road safety solutions have emerged as the fastest-growing categories, driving the company’s next phase of expansion. Infrastructure and industrial projects in India typically involve multiple suppliers and service partners across different stages, which can lead to coordination gaps and delays.
The initiative is aimed at helping customers manage sourcing and on-ground execution through a more integrated operating model, reducing reliance on multiple vendors and service providers across projects. It builds on the company’s presence in procurement-led infrastructure categories, where customer requirements often extend beyond sourcing into installation, deployment, and project execution.
Commenting on the development, Sumit Kumar, Founder & Director, Headsup B2B, said, “Over the past year, we have seen customers seek support not only for procurement, but also for execution-related requirements linked to infrastructure projects. Since we already operate in these categories, this expansion allows us to extend our role in areas where customer requirements continue after sourcing is completed.”
- May 25, 2026 15:36
Share market live: OmneNEST Technologies undertakes multi-location expansion, enters growth mode
OmneNEST Technologies, India’s leading end-to-end software product and services provider for the securities industry, has embarked on a major multi-location expansion to strengthen its capabilities and accelerate innovation in trading technology. The expansion is aimed at better serving the rapidly evolving needs of India’s securities trading ecosystem through an enhanced suite of products and services.
As part of this growth strategy, the company is significantly scaling its infrastructure footprint. OmneNEST is doubling the size of its Mumbai office in the key business district of Lower Parel from 4500 square feet to 9100 square feet, reinforcing its presence in the country’s financial capital. Simultaneously, its Mangaluru facility—its core technology development centre—has also been expanded by over 50% to 9500 square feet to support increased R&D and product engineering efforts.
“At OmneNEST we have been redefining the future of trading with cutting edge tech solutions for the securities markets. As part of our vision to democratise investing for the masses we are going in for a major expansion of our facilities. The expanded facilities will help us to boost the strength of our intellectual capital, to develop world leading, Made in India software products that redefine the future of investing for institutional and retail customers alike,” says Paresh Hede, CEO, OmneNEST Technologies. OmneNEST counts the entire gamut of the broking fraternity; from discount broking giants to research-based brokers to institutional trading giants and foreign brokerages as customers, for its market leading multi exchange and multi asset, order and risk management systems for securities trading.
OmneNEST’s flagship order management, execution, and risk management platform, NEST, is scalable enough to process as many as two crore trades daily for the largest brokers in equities, commodities, futures and options and exchange traded funds across BSE, NSE and all commodity exchanges in India. The platform has become a backbone of India’s trading infrastructure powering nearly two out of every three active trading and demat account holders in India.
- May 25, 2026 15:35
Currency Market Live: Rupee gains 0.45% on US-Iran peace hopes, softer crude; outlook cautious pending final agreement
Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Rupee traded strongly positive near 95.22, gaining around 0.45%, as improving sentiment around the US–Iran conflict supported risk assets and eased pressure on crude oil prices. Reports suggesting progress towards a possible peace framework and reopening of the Strait of Hormuz helped strengthen the rupee and other emerging market currencies.
However, uncertainty still remains elevated after US President Donald Trump stated that the Hormuz blockade would continue until a final agreement is formally signed, keeping markets cautious despite positive negotiations.
The rupee recovery is also being aided by softer crude prices and improving sentiment in global markets, though movement ahead will continue to depend heavily on final developments in US–Iran negotiations and energy market stability.”
- May 25, 2026 15:16
Share market live today: Puravankara acquires 15 acre land in Bengaluru for housing project, eyes Rs 2,300 cr revenue
) Realty firm Puravankara Ltd has acquired a 14.57-acre land parcel in Bengaluru to develop a housing project with a revenue potential of around Rs 2,300 crore.
In a regulatory filing on Monday, the company said it has secured a 14.57-acre land parcel located in Mandur, Budigere, in Bengaluru.
Out of the total area, 7.92 acre is part of a joint development agreement (JDA), while 6.65 acre has been purchased by Puravankara, as per the filing. - PTI
- May 25, 2026 15:12
Stock market live: ICRA downgrades Dwarikesh Sugar Industries’ long- and short-term ratings
ICRA has downgraded the long-term credit rating of Dwarikesh Sugar Industries Limited for bank facilities worth Rs 600 crore to [ICRA]A+ (Stable) from [ICRA]AA-, while revising the outlook to Stable from Negative. The rating agency also lowered the short-term rating on the company’s Rs 300 crore commercial paper programme to [ICRA]A1 from [ICRA]A1+. The action follows ICRA’s periodic review based on the company’s Q4FY26 and FY26 financial performance.
- May 25, 2026 14:50
Abcoffee raises ₹61 crore in funding round led by Kliff Ventures
Abcoffee raises ₹61 crore in funding round led by Kliff Ventures
The fresh capital will be used to accelerate abcoffee's disciplined, cluster-led expansion across existing and new markets, as per the statement
- May 25, 2026 14:47
Cyient Semiconductors raises $30 million from Edelweiss at $500 million valuation
Cyient Semiconductors raises $30 million from Edelweiss at $500 million valuation
Cyient Semiconductors secures $30 million from Edelweiss at a $500 million valuation to enhance its global semiconductor business.
- May 25, 2026 14:46
India turns to Latin American, African oil after Hormuz disruption
India turns to Latin American, African oil after Hormuz disruption
In April and May, Indian refiners raised imports from Venezuela, Brazil, Angola and Nigeria to make up the shortfall, as well as continuing to buy Russian oil
- May 25, 2026 14:26
NBCC Q4 profit rises 37% to ₹241 cr; FY26 net at ₹720 cr
NBCC Q4 profit rises 37% to ₹241 cr; FY26 net at ₹720 cr
NBCC reports a 37% Q4 profit increase to ₹241 crore, with FY26 net profit at ₹720 crore.
- May 25, 2026 14:25
We are the largest oncology player in India, says Zydus MD; eyes US speciality push
We are the largest oncology player in India, says Zydus MD; eyes US speciality push
Zydus’ oncology business is supported by early entry into complex biologics and targeted therapies, along with structured patient support programmes that have improved access across treatment lines
- May 25, 2026 14:21
In FY26, five listed REITs distribute over ₹8,900 cr to unitholders
In FY26, five listed REITs distribute over ₹8,900 cr to unitholders
In FY26, India's five listed REITs distributed over ₹8,900 crore to unitholders, highlighting strong demand for commercial real estate.
- May 25, 2026 14:10
Kalpataru expects ₹1,250 crore revenue from new cluster redevelopment project in Mumbai
Kalpataru expects ₹1,250 crore revenue from new cluster redevelopment project in Mumbai
In a regulatory filing, the company said it has signed a large cluster redevelopment project comprising five adjacent societies in Ashok Nagar, Kandivali East, Mumbai (Ashokgram Cluster)
- May 25, 2026 13:44
Truecaller today announced the appointment of Sandeep Bhushan to its Board of Directors
Truecaller, the leading global communications platform, today announced the appointment of Sandeep Bhushan to its Board of Directors, bringing in a seasoned leader with deep expertise in technology businesses, monetisation, and consumer trust at scale.
Bhushan brings in over 25 years of experience across consumer, digital, and media businesses. He most recently served as India Director of Global Marketing Solutions at Meta, where he built and led a multi-billion-dollar business, helping catalyse broader digital economic participation in the company’s largest and most complex market.
- May 25, 2026 13:44
Q4 Results live today: Greenlam Industries
Greenlam Industries reported a strong performance in Q4FY26, with consolidated net revenues growing 25.8% year-on-year to ₹857.7 crore. The company also crossed ₹3,000 crore in annual consolidated revenues during FY26, reflecting sustained momentum across business segments and markets.
During the quarter, the laminate business witnessed healthy growth across domestic and international markets, while the plywood & allied products segment continued to see strong traction. The company also reported significant improvement in EBITDA, which grew 57.1% year-on-year to ₹107.4 crore.
- May 25, 2026 13:43
Q4 results live today: SK Minerals & Additives
SK Minerals & Additives posts robust 65.69% YoY growth in net profit to ₹ 18.12 Crore in FY26, driven by better execution and improvement in economics of scale.
Revenue from operations increased by 50.18% at ₹ 317.89 crore in FY26.
EBITDA up 68.27% at ₹ 32.14 crore in FY26
Expects halogen-free flame-retardant to contribute significantly to its topline and bottom-line moving forward
- May 25, 2026 13:43
Q4 results live today: Belrise
Belrise has announced its audited financial results for the quarter and financial year ended 31st March 2026, reporting strong growth momentum with Adj. PAT rising 17.2% YoY in Q4 FY26 and 41.2% YoY in FY26. The company also witnessed healthy revenue growth, strategic OEM order wins, and further strengthened its aerospace business through its international acquisition of Chester Hall Precision Engineering in the UK.
- May 25, 2026 13:42
5 publicly listed Real Estate Investment Trusts (REITs) in India collectively distributed over Rs. 2,566 crores to more than 4.25 lakh unitholders during Q4
The five publicly listed Real Estate Investment Trusts (REITs) in India collectively distributed over Rs. 2,566 crores to more than 4.25 lakh unitholders during the fourth quarter ended March 31, 2026. For the full financial year 2025–26, the cumulative distribution by these REITs exceeded Rs. 8,900 crores. The five listed REITs are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT, and Nexus Select Trust.
- May 25, 2026 13:41
SEBI bans 7 individuals in ₹20-cr stock manipulation case
SEBI bans 7 individuals in ₹20-cr stock manipulation case
SEBI bans seven individuals, including finfluencer Hemant Gupta, in a ₹20-crore stock manipulation scheme involving misleading recommendations.
- May 25, 2026 13:41
Remsons Industries net profit up 5 times in Q4 on robust demand
Remsons Industries net profit up 5 times in Q4 on robust demand
Remsons Automotive (UK) has secured ₹300 crore, 7-year order from Stellantis NV for the supply of control cables — one of the largest in the company’s history. Deliveries are set to begin in FY27
- May 25, 2026 13:25
SEBI bans 7 individuals in ₹20-cr stock manipulation case
Capital markets regulator Sebi has barred seven individuals from securities markets for allegedly running a coordinated pump-and-dump scheme across social media platforms and making unlawful gains of over Rs 20.25 crore.
Apart from the debarment, the regulator has also directed finfluencer Hemant Gupta and his sons, Rohan Gupta and Aniket Gupta, to immediately cease and desist from offering unregistered research analyst services or from portraying themselves as research analysts.
In a 234-page interim order passed on May 22, Sebi alleged that Hemant, Rohan and Aniket acted as “Operators” who first accumulated positions in thinly traded SME stocks and later circulated bullish stock recommendations on social media platforms to inflate prices, before selling their holdings at a profit.
Four other family members – Sharon, Leana, Rajani and Purvangi Gupta – allegedly facilitated the operation by allowing the use of their trading accounts or by executing trades on the operators’ instructions, the order said. - PTI
- May 25, 2026 13:23
IIT Madras launches maritime research facility with ₹4.5 crore in CSR funding from Mazagon Dock Shipbuilders
IIT Madras launches maritime research facility with ₹4.5 crore in CSR funding from Mazagon Dock Shipbuilders
IIT Madras unveils a ₹4.5 crore maritime research facility, enhancing studies in marine vehicles, offshore systems, and fluid dynamics.
- May 25, 2026 13:16
Commodities
West Asia Conflict: Austerity measures to impact diesel, petrol demand growth
West Asia Conflict: Austerity measures to impact diesel, petrol demand growth
The austerity measures activated by the government to preserve economic stability, reign-in inflation and ensure energy security is putting pressure on India’s demand growth for key transport fuels—diesel and petrol.
- May 25, 2026 13:13
Stock market
OMC stocks rally 5.8% as crude slips below $100; fuel prices raised for fourth time in two weeks
OMC stocks rally 5.8% as crude slips below $100; fuel prices raised for fourth time in two weeks
OMC stocks rise 5.8% as crude prices fall below $100, amid fourth fuel price hike in two weeks.
- May 25, 2026 13:04
Stock market
Markets at 1 pm
At 1:02 pm, Nifty was up 228.70 pts (0.96%) to 23,948.00, while Sensex rose 899.25 pts (+1.19%) to 76,314.60
- May 25, 2026 12:55
Companies
Ola Electric set for sharp Q1 rebound as registrations cross Q4 levels
Ola Electric set for sharp Q1 rebound as registrations cross Q4 levels
Ola Electric anticipates a strong Q1 recovery, with registrations exceeding Q4 levels, signaling growing demand and operational improvements.
- May 25, 2026 12:50
Quarterly results
Blue Jet Healthcare Q4 results
Blue Jet Healthcare Ltd reported a March-quarter profit of ₹64.34 crore, while revenue from operations came in at ₹235 crore. The company also approved fundraising of up to ₹1000 crore through securities issuance to support future growth initiatives. In addition, the board announced a dividend of ₹1.2 per share.
- May 25, 2026 12:47
Economy
India turns net importer of finished steel in April
- May 25, 2026 12:46
CPCL reworks ₹45,000-crore Cauvery Basin project in Nagapattinam; IOC to hold 75% in joint venture
CPCL reworks ₹45,000-crore Cauvery Basin project in Nagapattinam; IOC to hold 75% in joint venture
CPCL revamps ₹45,000-crore Cauvery Basin project in Nagapattinam, shifting focus to petrochemicals with IOC as major partner.
- May 25, 2026 12:43
Stock market
Nifty holds near 24,000, Sensex above 76,200 at midday; Eicher Motors, Wipro lead gains
Markets held firm in afternoon trade on Monday, May 25, 2026, consolidating the sharp gap-up gains seen at the open, though momentum eased from morning highs as investors turned cautious near key resistance levels. The BSE Sensex was trading at 76,254.90, up 839.55 points or 1.11 per cent, as of 12.30 pm. The NSE Nifty 50 was at 23,954.25, a gain of 234.95 points or 0.99 per cent at the same time, after briefly testing the psychological 24,000 mark in early trade before facing selling pressure. Read more here
- May 25, 2026 12:39
Quarterly results
GAIL FY26 PAT down 38% to ₹6,968 crore in FY26 amid global geopolitical headwinds
GAIL FY26 PAT down 38% to ₹6,968 crore in FY26 amid global geopolitical headwinds
Energy major reports resilient operations despite softer profitability and geopolitical challenges.
- May 25, 2026 12:39
Quarterly results
Captain Polyplast net up 91% in Q4 on robust demand
Captain Polyplast net up 91% in Q4 on robust demand
Revenue jumps 80 per cent to ₹142 crore on strong demand; orders secured under PM-KUSUM scheme
- May 25, 2026 12:33
GAIL net profit reached ₹6,968 crore in FY26 amid global geopolitical headwinds
GAIL’s report profit after tax (PAT) stood at Rs 6,968 crore for FY2025-26, as profitability moderated amid global headwinds and operations remained resilient. According to the company, standalone Revenue from Operations reached Rs 1,38,697 crore for the full fiscal year 2025-26, compared to Rs 1,37,288 crore recorded in the previous fiscal year. However, standalone PAT fell by approximately 38 per cent from Rs 11,312 crore in the previous fiscal.
- May 25, 2026 12:29
Why This Nifty 50-Midcap-Smallcap Mix Crushes the Nifty 500
Why This Nifty 50-Midcap-Smallcap Mix Crushes the Nifty 500
Discover why a strategic mix of Nifty 50, Midcap, and Smallcap outperforms the Nifty 500 for long-term investment success.
- May 25, 2026 12:24
Companies
CPCL reworks ₹45,000-crore Nagapattinam CBRL project
Chennai Petroleum Corporation’s ₹45,000 crore Cauvery Basin Refinery and Petrochemicals Limited (CBRL) project in Nagapattinam has changed its key focus to emerge as a petrochemical complex tuned towards meeting Indias rising petrochem demand compared to plans for a conventional refinery.
Earlier, the project was conceived with CPCL and IOC share being 25 per cent each and the balance 50 per cent from investors. However, the project is currently structured as a joint venture with IOC holding 75 per cent and CPCL 25 per cent, CPCL Managing Director H Shankar said in an interaction with Businessline.
CPCL, along with parent IOC is revisiting the project configuration after the originally proposed refinery-cum-petrochemical complex faced internal rate of return (IRR) challenges, he told businessline.
- May 25, 2026 12:20
Quarterly results
Pudumjee Paper Products Ltd Q4 profit edges up to ₹20 crore
Pudumjee Paper Products has reported that its net profit in the March quarter was up marginally at ₹20 crore against ₹19 crore logged in the same period last year.
Revenue increased to ₹201 crore (₹190 crore). The company has announced a dividend of ₹0.60 a share. Read more here
- May 25, 2026 12:15
Industry update
Kalpataru Ltd to redevelop Kandivali East cluster
Kalpataru Ltd signs Kandivali East cluster redevelopment project. Company expands Mumbai redevelopment portfolio with major new housing initiative. Project carries ₹1,250 crore GDV potential.
- May 25, 2026 12:13
Industry update
Shah Metacorp Ltd announces ₹49.8 crore rights issue
Company plans capital raise to support growth and expansion initiatives. Board clears investment in Shah Metacorp Holdings USA Inc.
- May 25, 2026 12:12
Companies
K2 Infragen Ltd bags ₹56.91 crore order from RRVPNL
Company wins transmission project from Rajasthan Rajya Vidyut Prasaran Nigam.
- May 25, 2026 12:08
Stock market
Top gainers and losers of BSE Sensex
Screenshot 2026-05-25 120720.png
- May 25, 2026 12:05
Quarterly results
Omnitech Engineering Q4 results
Omnitech Engineering posts ₹29.31 crore consolidated profit in Q4FY26. Revenue from operations stands at ₹149 crore.
Shares down 20.60 pts (-4.59 %) to 428.00 at Nifty 50
- May 25, 2026 12:01
Stock market
Markets at noon: Sensex, Nifty above 1%
At 12 pm, Sensex was up 916.33 points or 1.22% at 76,331.68, while Nifty rose 270.00 pts (1.14%) at 23,989.30
- May 25, 2026 11:58
Stock market
Top Gainers and losers at Nifty 50
Gainers:
Eicher Motors - 5.49%
Eternal - 2.93%
Adani Enterprises - 2.87%
Shriram Finance - 2.74%
Laggards:
Max Health: -2.4%
Hindalco: -2.26%
ONGC: -1.43%
Bajaj Auto: -0.61%
Dr Reddy: - 0.11%
- May 25, 2026 11:51
Quarterly results
Q4 Results Today Live: Hitachi Energy, Suzlon Energy, Rail Vikas Nigam, Sundaram Finance, CONCOR, NBCC, Pine Labs, Poly Medicure to announce Q4 results
Follow our live coverage here - May 25, 2026 11:49
Gold silver
Gold offered at ₹450/g discount to Indian consumers after import duty hike
Gold prices in the Indian domestic market are trading at a discount of over ₹450 per g to the landed prices, including import taxes, after the Government more than doubled the Customs duty to 15 per cent from 6 per cent on May 13.
The discount is being offered to spur demand, which has been hit after Prime Minister Narendra Modi asking the people not to buy the precious metal for a year. Read more here
- May 25, 2026 11:48
Banking
Should investors buy HDFC Bank now?
Should investors buy HDFC Bank now?
Explore whether now is the right time for investors to buy HDFC Bank, given its solid fundamentals and current stock weakness.
- May 25, 2026 11:47
Stock market
US Market Outlook: Bullish bias intact
US Market Outlook: Bullish bias intact
US market outlook remains bullish as benchmark indices rise, with potential gains for the Dow, S&P 500, and NASDAQ.
- May 25, 2026 11:41
Commodities
Malaysian palm oil futures fall over 1% on weaker edible oil cues
Malaysian palm oil futures fell on Monday, tracking weakness in rival edible oils on the Dalian market andin crude oil, while the expectation of lower exports from the key producer also weighed on sentiment.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange lost 48 ringgit, or 1.07%, to 4,438 ringgit ($1,122.69) a metric ton by the midday break.
- May 25, 2026 11:39
Puravankara buys 14.57-acre land parcel, capitalising on the emerging Budigere-Mandur micro market
Real estate developer Puravankara has bought a 14.57-acre land parcel in Mandur, an area off Budigere Road, with a potential GDV (Gross development value) of ₹2,300 crore and saleable land of 1.8 million square feet. The parcel will be divided with 7.92 acres under a JDA (Joint development agreement) while 6.65 acres is purchased by Puravankara. Read more here
- May 25, 2026 11:34
Forex
Rupee gains 35 paise as crude oil prices fall below $100
The Rupee opened 35 paise stronger on Monday as crude oil prices declined on prospects of the US and Iran reaching a peace deal brightened and RBI Governor Sanjay Malhotra reportedly stating that the Rupee may be undervalued.
The Indian currency opened at 95.34/35 per US Dollar against the previous close of 95.69/70. The Rupee is currently trading at 95.29. In intraday trading so far, it hit a high of 95.20 and a low of 95.44, per CCIL data. Read more here
- May 25, 2026 11:27
Stock market
Oil marketing companies rally; HPCL shares climb nearly 6%
Shares of oil marketing companies surged on Monday, with HPCL climbing nearly 6 per cent, following a fresh hike in petrol and diesel prices.
The stock of Hindustan Petroleum Corporation Ltd (HPCL) jumped 5.86 per cent to hit the day’s high of Rs 412.55 on the BSE.
- May 25, 2026 11:23
Cyient Ltd unit to raise ₹200 crore via NCD issuance
Company arm plans debt raise through non-convertible debentures to support funding needs. Securities to be placed with EAAA as part of strategic fundraising.
- May 25, 2026 11:21
Puravankara secures 14.57-acre land parcel in Bengaluru
Developer strengthens pipeline with project having ₹23 billion GDV.
- May 25, 2026 11:20
Park Medi World approves acquisition Of V3 Healthcare Pvt Ltd
Park Medi World Ltd approves ₹177 crore acquisition of V3 Healthcare. Company moves to expand healthcare portfolio through strategic buyout.
- May 25, 2026 11:17
Stock market
Markets update: Nifty climbs past 23,980 as bulls take charge
At 11:15 am, Sensex was up 937.99 pts or 1.24% to 76,353.34, while Nifty rose 267.60 pts (1.13%) to 23,986.90
- May 25, 2026 11:11
Crisil upgrades Vodafone Idea Ltd Credit rating to ( A-/ stable) on continued support by ABG, strategic market position and improved business operations
Key points to note:
The ratings factor in the strategic importance of VIL for the Aditya Birla Group and the financial, operational and managerial support to be provided by the group to VIL. ABG sees VIL as a strategically important entity and the recent appointment of Mr. Kumar Mangalam Birla as VIL’s chairman highlights strong management control of the group.
The ratings also reflect VIL’s meaningful market position in the Indian mobile services market with a subscriber market share of 15.68% as of March 2026 (based on data from TRAI) and its presence across all the 22 telecom circles.
Planned capex of Rs 45,000 crore, to be incurred over fiscal 2027 to 2029, should increase operating revenues, earnings before interest, taxes, depreciation, amortisation and rentals (EBTIDAR) and hence higher cash flow generation. The capex will be prioritised in 17 circles so as to enhance the 4G network coverage and add5G sites. For the planned capex of Rs 45,000 crore over fiscal 2027 to fiscal 2029, the debt funding tie-ups are at advanced stages. With expected improvement in business, resolution of AGR dues, along with presence of ABG and its financial flexibility is expected to help the company tie-up finance on competitive terms.
Notes the subscriber loss has reduced significantly during fiscal 2026 with net additions in the last two months of fiscal 2026.
Crisil Ratings also takes note of the recent announcement on resolution of AGR dues by the DoT. The liabilities pertaining to AGR have reduced to Rs 64,046 crore from Rs 87,695 crore with minimal repayments till fiscal 2035. This should ease pressure on cash flow position over the near to medium term.
- May 25, 2026 11:10
Expert View | Akshay Chinchalkar, Managing Partner and Head of Market Strategy, The Wealth Company
“Talking domestic stocks, and the nifty ended 0.3% higher at 23719, but not before retreating from its intraday highs for a second straight day. The India VIX finished flat. Both the front-month nifty and bank nifty saw short covering. Mid- and small-caps finished mixed. Advancers balanced decliners on the NSE500. Five of the main NSE sectors rose, with financial services becoming the best performers as they gained 1.2%. Media stocks performed the worst as they slipped 1.5%. Like we have been saying, bulls remain in the game with support in the 23100 - 23300 zone protected and all they need to do now is get the nifty to close above 23800 first, and then rebound beyond 24300 before critical resistance at 24800 begins to matter again. On the downside, a break below 23400 will weaken the current bull case. Last week’s price action has become an “inside bar”, which means a trending move is likely to begin shortly.
Now, coming to flows, based on provisional data, foreigners withdrew around 4440 cr while domestic players invested just over 6000 cr.
Speaking index options positioning, foreigners and prop traders switched to bullish, while retail investors turned negative.”
- May 25, 2026 11:07
Market analysis by Vikram Subburaj, CEO, Giottus.com
Bitcoin recovered to around $77,000 on May 25 after US President Trump said on May 23 that a US-Iran peace framework was ‘largely negotiated’ and that the Strait of Hormuz could reopen. BTC rose about 0.6% to $77,043 and Brent crude fell more than 5% to below $99. Also, the dollar weakened as global risk appetite improved. The recovery, however, remained limited. Bitcoin still has to defend the $76,000-$76,650 support band and reclaim the $78,000-$79,000 resistance zone before the market can treat the move as a genuine reversal rather than a geopolitical relief bounce.
Bitcoin’s consolidation came after a volatile three-week stretch that saw the asset lose nearly 39% from its October 2025 peak of $1,26,287.
The market is no longer reacting primarily to crypto-native triggers. ETF demand has weakened materially through May. US spot Bitcoin ETF flows have turned from a support to a pressure point. During the May correction, investors pulled about $1.26 billion from these ETFs over five trading sessions. This included a $635 million to $648 million single-day outflow around May 13. For context, Bitcoin was still holding near $77,000 on May 25, but the ETF tape showed that institutional buyers were not defending every dip. This matters because spot ETFs had absorbed a large part of the new Bitcoin demand since the 2024 launch (of Spot BTC ETFs). When a $1.5 trillion asset class sees five straight sessions of ETF redemptions, the signal is not panic. It is allocation discipline. Investors are waiting for clearer inflation data, lower bond-yield pressure, or a stronger reclaim of the $78,000-$79,000 resistance band before adding fresh exposure.
On-chain positioning also reflects a market that is neither fully bullish nor in capitulation. Analysts’ desks place the active-investor equilibrium zone near the upper-$70,000 range. Bitcoin trading slightly below that band indicates that newer holders are still under pressure. However, the deeper long-term support remains far lower near realised-price territory around the mid-$50,000s. The market is therefore trading in a transition phase rather than a clear breakout cycle.
Bitcoin’s next move is tied to macro data more than token-specific news. The market is awaiting the US April PCE inflation print on May 28 and the next US Fed decision on June 17. Until then, BTC has to defend the $76,000-$76,650 support band and reclaim the $78,000-$79,000 resistance zone. If inflation stays sticky and US yields remain firm, a move below $75,000 becomes more likely. If PCE cools, ETF flows improve, and BTC closes above $79,000, the market gets a cleaner path back towards $80,000-$82,000.
Altcoins continue to lag Bitcoin in relative strength. Ethereum traded near $2,101 on May 25 and remained under pressure after failing to reclaim the $2,300 zone. Solana traded near $85.35 after remaining nearly 30% below its late-2025 levels. XRP held near $1.35, while BNB traded around $657 with relatively lower volatility. TRON continued to show relative resilience near the $0.36 range. CoinMarketCap’s Altcoin Season Index remained at just 37/100. This confirms that capital rotation into higher-beta assets has not yet meaningfully resumed.
Our advice: For investors, the cleaner signal is not a single geopolitical bounce. The stronger confirmation would come from three things happening together: Bitcoin reclaiming $79,000, ETF flows turning positive again, and softer US inflation data reducing pressure from yields and the dollar. Till then, keep allocations modest and measured.
- May 25, 2026 11:02
MCX Natural Gas futures breaks a key support
MCX Natural Gas futures breaks a key support
MCX Natural Gas futures break key support, potentially dropping to ₹255; traders advised to short with specified stop-loss strategies.
- May 25, 2026 10:30
Nifty Prediction Today – May 25, 2026: Nifty 50 Futures: Breaks a key resistance. Can go higher
Nifty Prediction Today – May 25, 2026: Nifty 50 Futures: Breaks a key resistance. Can go higher
Nifty 50 outlook for May 25, 2026: bullish potential if resistance at 24,015 is breached; supports at 23,920, 23,850.
- May 25, 2026 10:23
Gold silver
Chennai: Opening bullion (gold) rates
Opening bullion rates on Monday.
1 Gm Gold 22 Kt ₹14,780.00
1 Gm Gold 18 Kt ₹12,400.00
1 Gm Silver ₹295.00
- May 25, 2026 10:17
AI rally drives best run in global momentum stocks on record
AI rally drives best run in global momentum stocks on record
Bulls say the AI frenzy can continue luring money into the market’s biggest winners, though some caution that the scale of the outperformance is a warning sign
- May 25, 2026 10:15
Commodities
Copper gains on US-Iran peace deal hopes
Copper rose on Monday as the dollar and oil prices fell on hopes of a potential peace deal between the United States and Iran, easing fears of inflation and a global economic slowdown.
Three-month copper on the London Metal Exchange rose 0.90% to $13,624.32 a metric ton by 0419 GMT. The most-traded copper contract on the Shanghai Futures Exchange gained 1.1% to 105,590 yuan ($15,539.93) a ton.
- May 25, 2026 10:13
Stock up
Stock market LIVE: Eicher Motors surges 5% on record Q4 profit
Shares of Eicher Motors climbed sharply on Monday after the Royal Enfield parent reported its best-ever quarterly earnings on Friday, with most brokerages reaffirming buy calls even as one analyst flagged mounting margin pressure.
Eicher Motors stock was trading around ₹7,355, up ₹374 or 5.36 per cent on the NSE as of Monday morning, against a previous close of ₹6,981.50. The stock hit an intraday high of ₹7,388.50 and has now delivered returns of over 36 per cent in the past year, comfortably outpacing the Nifty 50’s near 4 per cent decline over the same period. Market capitalisation stood at roughly ₹2.01 lakh crore at the time of writing, with traded value already crossing ₹514 crore for the session.
Read more here - May 25, 2026 10:11
Call money, TREPS rates ease
Overnight call money rate was at 5.45%, and the overnight TREPS rate was at 5.26%
- May 25, 2026 10:10
Stock market
Bonds: 10-year bond yield falls below 7.03% as oil prices tumble
The benchmark 10-year bond was quoted at ₹96.27, with the yield down 7 bps at 7.0293%, after oil prices tumbled on rising U.S.-Iran peace deal hopes.
- May 25, 2026 10:09
New Issue: Bajaj Housing to issue 5-year bonds
Bajaj Housing Finance plans to raise ₹2000 crore ($209.61 million), including a greenshoe option of ₹1500 crore, by selling bonds maturing in five years, three bankers said on Monday. The company has invited coupon and commitment bids from investors on Tuesday, they said
(Reuters)
- May 25, 2026 10:05
Stock market
Japan's Nikkei 225 surges past 65,000 for the first time on Hormuz reopening hopes
Japanese stocks hit a record high on Monday as the Nikkei 225 surged past the record 65,000 mark for the first time as investors latched on to hopes of the Strait of Hormuz reopening after positive signals from the Trump administration on a peace deal with Iran.
Global crude oil prices fell 5%, driving Brent below the psychological $100 levels while the US dollar slid as investors rushed out of safe havens.
- May 25, 2026 10:02
Stock market
China Stocks Rise: Shanghai Composite and CSI300 rises nearly 1% as commodity-linked sectors rally strongl
Mainland China stocks climbed on Monday, lifted by gains in the coal sector after the country’s worst mine disaster in 17 years raised expectations that stricter safety scrutiny would tighten supply, while semiconductor shares also aided the market.
** Chinese coking coal prices soared to their highest in nearly two weeks and a sub-index tracking the coal industry jumped 2.4% after the accident late on Friday.
** Brokerage shares also advanced after China announced a major crackdown on cross-border investment and said it would punish brokers it accused of illegally moving money to foreign markets.
** CSI all share investment banking and brokerage trimmed earlier gains to trade 0.1% higher, while major Chinese brokerages China Merchants and CITIC Securities edged higher.
** By the midday break, the benchmark Shanghai Composite index inched higher by 0.6%, while China’s blue-chip CSI300 Index rose 0.9%.
(Reuters)
- May 25, 2026 10:00
Stock market
Asian shares jump, S&P 500 futures hit record levels while Brent crude drops over 5%.
Global stocks climbed to approach a record high as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened.
The MSCI All Country World Index, the broadest measure of global equities, rose 0.3% to trade near an all-time high reached earlier this month. A gauge of Asian shares gained 1.2%. Japan’s Nikkei index jumped over 3% to a record, with tech stocks rallying. The moves came as Brent dropped over 5% to $97.60 a barrel, the lowest in more than two weeks, amid optimism a deal will help resume the flow of energy through the vital Middle East artery.
Cheaper oil prices and lower inflation expectations helped lift Treasury futures, with cash trading closed Monday due to a US holiday. Government bond yields in Japan and Australia also fell. Markets in Hong Kong and London are also shut.
Futures contracts for the S&P 500 rose 0.9% to a record, after the underlying gauge climbed for eight straight weeks in the longest winning run since 2023. The dollar weakened against all of its Group-of-10 peers. Non-interest-bearing assets such as gold and silver climbed as lower inflation lifts chances for interest-rate cuts.
- May 25, 2026 09:56
Companies
PVV Infra eyes 13 wayside amenities projects on national highways
PVV Infra eyes 13 wayside amenities projects on national highways
PVV Infra targets 13 wayside amenities projects on national highways, enhancing travel services across key Indian corridors.
- May 25, 2026 09:53
Forex
Rupee climbs 0.4% to 95.3425 on oil relief, RBI valuation comment
Rupee climbs 0.4% to 95.3425 on oil relief, RBI valuation comment
Rupee rises 0.4% to 95.3425 as oil prices drop and RBI hints at currency undervaluation amid market challenges.
- May 25, 2026 09:52
Events Update
As of 08:32 AM Monday 25 May 2026
Can set alert for them at www.researchbytes.com
9:30 AM Concord Enviro
Dial: +91 22 6280 1107
Weblink: https://tinyurl.com/4ddzm85w
10:00 AM Yatra.com
Weblink: https://tinyurl.com/nhbj84p9
10:00 AM Sandhar Technol
Dial: +91 22 6280 1116
Weblink: https://tinyurl.com/mjtuk9yh
10:00 AM Rainbow Childrens Medica
Dial: +91 22 6280 1259
Weblink: https://tinyurl.com/5dse2fy5
11:00 AM Duroply Industr
Weblink: https://tinyurl.com/3enybj5n
11:00 AM Sarda Energy
Dial: +91 22 6280 1102
Weblink: https://tinyurl.com/r4puarvw
11:00 AM Indigo Paint
Dial: +91 22 6280 1144
Weblink: https://tinyurl.com/4nm3fe9a
11:00 AM Fortis Health
Dial: +91 22 6280 1307
11:00 AM Belrise Industr
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/ykrdfxpe
11:30 AM Gokaldas Export
Dial: +91 22 6280 1523
Weblink: https://tinyurl.com/55re3cet
12:00 PM Forcas Studio
Weblink: https://tinyurl.com/3h6247zs
12:00 PM Tarsons Product
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/2s766b44
12:00 PM NGL Fine Chem
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/4jm2erys
( Hosted by Investment Lab )
12:00 PM Ganesh Consumer Products
Dial: 022 6280 1386
12:30 PM S Chand and Co
Dial: +91226280 1231
Weblink: https://tinyurl.com/22x63uuu
1:00 PM India Pesticide
Dial: +91 22 6280 1116
Weblink: https://tinyurl.com/ms2vncew
2:00 PM Aelea Commoditi
No Contact Available
Please check again for details @ www.researchbytes.com
2:00 PM Excelsoft Techn
Dial: +91 22 6280 1102
2:00 PM Gabion Techno
Dial: +91 22 6280 1446
Weblink: https://tinyurl.com/3mexdwmm
2:30 PM Prostarm Info S
Dial: +91 22 6280 1466
3:00 PM Star Imaging an
Weblink: https://tinyurl.com/5n7mh6mm
3:00 PM MMP Industries Limited
Dial: +91 22 6280 1256
Weblink: https://tinyurl.com/yc4khhta
3:00 PM All Time Plasti
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/5ymymm3n
3:30 PM Zota Healthcare
Dial: +91 22 6280 1107
Weblink: https://tinyurl.com/4ay627ba
3:30 PM Studds Accessories
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/47r35wxm
3:30 PM GSFC
Dial: +91 22 6280 1328
Weblink: https://tinyurl.com/3ye8zd4w
3:30 PM Ircon International
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/m439r5n9
3:30 PM CenturyPlyboard
Dial: +91 22 6280 1480
Weblink: https://tinyurl.com/ms5zhauc
4:00 PM EllenIndlGas
Weblink: https://tinyurl.com/47sbbptz
4:00 PM Dollar Ind
Dial: 022 6280 1386
Weblink: https://tinyurl.com/jmka82tv
4:00 PM Blue Jet Health
Dial: +91 22 6280 1107
Weblink: https://tinyurl.com/3fkxybw9
4:00 PM J. K. Cement
Dial: +91 22 6280 1143
4:00 PM Captain Poly
Dial: +91 22 6280 1239
Weblink: https://tinyurl.com/2ax54h6b
4:00 PM Surya Roshni
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/7trwrptt
4:00 PM TVS Elec
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/yfrjjsy9
( Hosted by Valorem )
4:00 PM Marushika Techn
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/2tbjvs7f
( Hosted by Rik Capital )
4:00 PM Excel
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/2nhrzfsy
4:00 PM Paramount Comm
Dial: +91 86 3416 8918
Weblink: https://tinyurl.com/5f6jns2a
4:30 PM Va Tech Wabag
Weblink: https://tinyurl.com/mrxh7upz
4:30 PM ICRA
Dial: +91 22 6280 1159
Weblink: https://tinyurl.com/mvc8fayw
4:30 PM Shriram Properties
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/53yvvjbu
5:00 PM Campus Active
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/4t35utm7
( Hosted by E & Y )
5:00 PM Tinna Rubber an
Dial: +91 22 6280 1557
Weblink: https://tinyurl.com/ycr5jsm9
5:30 PM Awfis Space Sol
Dial: +91 22 6280 1317
Weblink: https://tinyurl.com/n74js6dt
5:30 PM Anupam Rasayan India
Dial: +91 22 6280 1488
Weblink: https://tinyurl.com/ycypp9w9
- May 25, 2026 09:40
Stock market
Sensex, Nifty surge over 1% as crude tumbles on US–Iran deal hopes; Eicher Motors leads gainers
Sensex, Nifty surge 1% as crude drops; Eicher motors tops gainer
Sensex rises over 850 points in early trade; rupee recovers and auto, financial stocks lead gains
- May 25, 2026 09:32
Commodities
Petrol, diesel prices raised by over ₹2.50/litre in fourth hike in 10 days
Petrol, diesel prices raised by over ₹2.50/litre in fourth hike in 10 days
Petrol and diesel prices rise by over ₹2.50/litre, marking the fourth increase in ten days amid global oil market pressures.
- May 25, 2026 09:26
Stock market
Sensex Surges Over 850 Points; Nifty Nears 24,000 at Open
Benchmarks opened sharply higher on Monday, May 25, 2026, as a steep fall in global crude oil prices and improving signals from U.S.–Iran negotiations lifted investor sentiment across sectors. The BSE Sensex, which closed at 75,415.35 on Friday, opened at 76,135.82 and was trading at 76,271.78, up 856.43 points or 1.14 per cent, as of 9.18 am. The NSE Nifty 50, which ended its previous session at 23,719.30, opened at 23,940.25 and was trading at 23,973.15, a gain of 253.85 points or 1.07 per cent, at the same time.
- May 25, 2026 09:24
Vedanta Aluminum Metal Limited (VAML)- Market expects it to list at ~Rs550/ share
- VAML business will consist of alumina refining, aluminum smelting, captive coal & bauxite mines and value-added downstream products. Management emphasized cost leadership, vertical integration, and scale expansion.
* Capacity expansion overview: BALCO aluminum smelter capacity to increase from 0.59mtpa to 1mtpa post expansion. Total aluminum production capacity is expected to rise from 2.4mtpa in FY25 to 2.88mtpa in FY27 and 3mtpa by FY28.
Management has set a medium to long term target to increase captive coal mining capacity from ~2.6mtpa to 40+ mtpa. Captive bauxite mining would add 9-12mtpa with 25+ years of mine life.
- Financial outlook: EBITDA is expected to improve from USD 2.9bn in FY26 to USD 4.5-5.8bn by FY29. Aluminum volumes are expected to increase from 2.4mt in FY26 to 3mt by FY29. Hot metal cost is expected to reduce from ~USD 1,752/t in FY26 to ~USD 1,550-1,600/t by FY29. The company targets to maintain leverage (net debt/EBITDA) below ~1.5x. Value-added products (VAP) market share is targeted to increase from 71% to 90%.
* Key strategic strengths: Captive coal and bauxite security, integrated refinery with efficient smelter operations, higher value-added product mix, and strong logistics advantage from eastern India footprint
- May 25, 2026 09:24
Ratings update
CLSA on NTPC
O-P, TP Rs 459
FY26 rec. PAT (consolidated) grew 18% despite a decline in its generation while its peer JSW was in losses and Adani Power’s recurring PBT was down 4%
FY26 Consolidated PAT was up 18% YoY driven by regulated equity (RegEq) growth of 11% YoY (parent: up 4% YoY), operational efficiency with a 17bp YoY rise in coal PAF and a supportive FY25-29 regulatory regime for energy security
Key was its US$31bn Capex plan over FY27-29 (c.2x) led by under construction of 19GW in regulated and 15GW of non-fossil (NFE) projects for an installed 89GW, plus its entry into BESS.
It now has 59% of its 60GW NFE vision operating or under construction, solidifying its transition path
Expect PAT growth to drive up its ROE 130bps over FY26-29CL.
Jefferies on NTPC
Buy TP Rs 470
NTPC did a one-time remeasurement of deferred taxes in March Qtr, hence YoY numbers are not comparable.
FY26 PAT was 14% above estimates led by 8.1 GW capacity addition vs 7.1 GW estimate
Raise FY27E-28E EPS by 6-8% to factor the beat.
Management retained 9.6 GW FY27E addition guidance but lowered FY28E from 10.6 GW to 10 GW
Lower FY27E-28E addition to 8.1-10.2 GW from 9.1-12.1 GW.
Capacity ramp-up is a key re-rating driver ahead.
Bernstein On NTPC
Recommendation Outperform; Target ₹430
Execution in line with our expectation
One of the few reasonably valued utilities left
Renewables - Big target for FY27 but grid could be a limitation
Concerns is that NTPC might be ceding ground to private players and is going slow on new thermal award
JPM on LTM
Downgrade to N, TP cut to Rs 4500 from Rs 5100
LTM announced that it has issued an offer to acquire Randstad’s technology and consulting services business in Europe and Australia.
Revenues of these entities (€469m) have declined sharply in the past two years while estimate business operates at much lower 4-5% Ebitda margins, given its onshore-heavy nature, which should be materially margin-dilutive.
LTM has also announced concomitant contracts to take over and build a GCC for Randstad in India and a reverse contract to Randstad to support LTM’s subcon needs
While, across three contracts, management doesn’t see any EPS dilution, estimate acquisition alone could drive 2% EPS dilution due to amortization costs and lower interest income.
Moreover, don’t see obvious horizontal service line or vertical synergies, given its focus on digital engineering and cybersecurity rather than core IT Services, which LTM focuses on.
Cross-sell opportunities as they exist should be limited by different buying centers for engineering and IT services
Acquisition price appears to be modest at €160m on a EV/Sales basis (0.34x), but not on implied profit multiples (8x EBITDA, 13-15x EBIT), given global/EU peer multiples.
More than price paid, see this acquisition as a sign that organic growth opportunities are drying up and management is being forced to evaluate unusual acquisitions to bulk up rather than thoughtfully add capabilities. Fear management distraction, due to closure of the acquisition by 3Q27 and ekeing out of synergies after that, could weigh on execution.
Moderate organic revenues/EPS by 1-2%, cut target PE multiple from 21x to 19x
HSBC On LTIMindtree
Recommendation Buy; Target ₹5250
Management expects limited margin impact
Europe business scale-up and stronger presence in Australia banking aiding medium-term growth
Acquisition aligned with LTIM’s five-year strategy
CLSA On Sterlite Tech
Recommendation Outperform; Target ₹655, Earlier Target ₹405
$1 billion order from US hyperscaler
Win for STL’s AI DC optical products; offers 49% EBITDA CAGR
Multi-year datacentre boom in North America and India
Significant increases to forecast growth
- May 25, 2026 09:23
Stock market
Crude oil futures fall on hopes of US-Iran deal
Crude oil futures fall on hopes of US-Iran deal
Crude oil futures dip amid cautious market response to US-Iran deal negotiations, signaling potential impact on global oil supply.
- May 25, 2026 09:22
Cement stocks in focus
Kotak Inst Eqt on Ramco Cements
Sell, TP Rs 690
QFY26 EBITDA missed estimates on lower volumes and margins
Co’s next phase of expansion to 31 mtpa should be in place by end of March 2027, largely via debottlenecking and brownfield expansions.
However, capex of Rs10 bn in FY2026 substantially undershot company guidance of Rs12 bn at start of year.
Capex guidance of Rs8 bn for FY2027 suggests cautious approach to further expansion
Expect co to focus on debt reduction in interim amid sustained competitive intensity
Exposure to regional dynamics makes earnings region-dependent and more volatile to peers.
Jefferies on Ramco Cements
Hold, TP Rs 920
Q4 EBITDA at Rs3.7bn (+16% YoY) missed ests on weak vols/ unit EBITDA.
Vols grew +4% YoY vs est of +7%; FY26/FY25 vols have been flattish YoY, indicating sustained share losses following UTCEM/ACEM growing foothold in South.
Co has guided for Rs500+/T cost inflation related to war, with some price hike (insufficient) taken in April.
In past 2 yrs, Co has monetised non-core assets/lowered Capex to contain leverage.
Nomura on Dalmia
Buy, TP Rs 2500
Dalmia acquires JAL cement assets; positive surprise versus expectations
Strategically compelling; materially strengthens Central India footprint and panIndia ambitions
Economics appear attractive, though execution details remain key
STK currently trading at 10.9x one-year-forward EV/EBITDA
HSBC on Dalmia
Buy, TP Rs 2490
Dalmia acquires Jaiprakash Associates’ cement assets at USD68/t, well below replacement cost of USD100/t
Acquisition addresses key investor concerns around growth and expensive M&A
Dalmia’s valuation (10.3x EV/EBITDA) and regional exposure (South, East) are key positives
CLSA on Dalmia
O-P, TP Rs 2240
Announced acquisition of a 5.2mt cement asset from Adani Group in central India for a consideration of ~US$70/T
Find deal valuations attractive compared to cost of setting up organic capacity and recent deals in sector
This provides Dalmia with immediate growth and geographical diversification
Do not see any meaningful medium-term disruption because of this deal, given asset was defunct so far; however, immediate increase in supply could disturb demand-supply balance in near term.
CITI on Dalmia
Buy, TP Rs 2450
DBL Acquires JPA’s Central India Assets for ~$60/t
This acquisition helps: DBL’s expansion targets and India diversification.
Further, any progress on their goals – maximizing ROCE from all assets, improving utilization, price and product premiumization focus, continued cost reduction could yield favorable returns. EV/t at $60 is inexpensive
Concerns around MF units have resurfaced, which could keep stock range bound pending clarity.
Jefferies on Dalmia
Buy, TP Rs 2445
Dalmia has signed an agreement to acquire 5.2MTPA/3.3MTPA Cement/ Clinker assets from Jaypee/Adani at an implied EV/T of ~USD70
Deal revives Dec-22 agreement & is likely to increase competition in Central region
While assets are old & require refurbishment, the M&A provides Dalmia entry into a new region.
Mgmt expects faster ramp-up aided by prior exposure; Adani’s decision to divest, rather than house assets in Ambuja, appears balance-sheet driven.
- May 25, 2026 09:20
Stock market
Markets open in green
Sensex opens up 800 pts, Nifty above 23,900 on Iran-US peace deal hopes; Brent crude slips 2.5%, WTI crashes 6%
- May 25, 2026 09:18
Stock in focus: Colgate
HSBC on Colgate
Hold, TP Rs 2150
Q4FY26 sales were up 9% y-o-y (2yr CAGR: 3.5%), a 4% beat; topline split equally between volume and value
Colgate saw positive impact on premium portfolio, and premiumization remains the key long-term driver
Lift FY27e EBITDA by 1%, don’t see growth trajectory changing
Nomura on Colgate
Upgrade to Buy, TP Rs 2500
Core returning to normal levels; doubling down on premiumization to aid growth/margins
See Colgate’s core portfolio returning back to normative levels vs below-normal levels seen in FY26
CLGT is also doubling down on premiumization, with premium saliency increasing by 35% over the past two years
Expect revenue growth momentum to improve and return to near-double-digits in FY27F vs flat in FY26
This should be led by an improvement in volume growth which witnessed a revival in 4Q to 4.5% y-y after seeing four quarters of declines
Expect favorable base to be supportive and drive mid-single-digit volume growth
Also expect the return of pricing growth back to mid-single-digit after low-single-digit growth in FY26, & don’t expect any volume backlash
Jefferies on Colgate
Buy, TP Rs 2600
While core product has sticky customer behaviour, revenue growth is more variable, with Colgate’s FY26 quarterly ranging from -6% to +9% in 4Q
Presentation focused heavily on oral care, but little beyond - think parent could take cues from Indian franchises like Marico & Tata Consumer
Favourable base in FY27 should propel EPS growth to D/D, a first after a three-year hiatus, which should bring some investor interest back to name
CITI on Colgate
Sell. TP Rs 2050
4Q performance (~9% revenue growth, with a balanced mix of volume and pricing) and management commentary indicate a gradual recovery in growth, supported by improving category trends (post GST-led affordability benefits), a pickup in urban demand and a favourable base
That said, volume recovery is likely to remain steady rather than sharp
Co continues to rely on premiumisation as key growth lever, with premium mix (Colgate Total, Visible White, therapeutics) up 35% over the past two years, supported by elevated media investments and favourable e-commerce mix.
However, margin outlook suggests increasing pressure, driven by higher advertising intensity, GST-related headwinds (160bps impact from the inverted duty structure) and sustained competitive intensity.
Kotak Inst Eqt on Colgate
Reduce, TP Rs 2025
CLGT reported 9% yoy growth in revenues (KIE: 5%), ahead of peers (high single digits/low single digits for Dabur/HUVR)
Print was driven by a balanced volume and pricing growth.
EBITDA margin contracted 210 bps yoy to 31.9% (KIE: 32.8%) on account of GM decline and inverted duty structure impact (~160 bps).
While CLGT management expects growth momentum to sustain, it has called out EBITDA margin pressure in near term, given lack of GM tailwinds, step-up in A&P spends & continued impact of inverted duty structure.
- May 25, 2026 09:17
Pharma stocks in focus
MS on Torrent Pharma
EW. TP Rs 4580
F4Q26 EBITDA was in line with MSe, marking first quarter of JB Pharma consolidation.
Ex-JB, revenue and EBITDA increased 16% YoY, led by India and sema.
Torrent’s India base business grew 15%, above IPM growth; semaglutide launch gained 38% generic market share.
Torrent expects F27 semaglutide sales of Rs2-2.5bn, making it its biggest product launch opportunity yet
JB Pharma merger is nearing final NCLT approval; cost synergies of Rs4-4.5bn remain on track over the next three years.
Jefferies on Torrent Pharma
Buy, TP Rs 5350
Mar-Q included 2 months of JB Pharma integration, on alike for like basis, its results were in-line with est.
India continued its growth momentum (15% YoY) and Torrent expects FY27 to be a similar or better year.
JB Pharma integration is progressing well and Torrent is on track to achieve first year of cost synergy benefits.
Goldman Sachs On Max Healthcare
Maintain Buy, Target price cut to ₹1,250 from ₹1,300
Q4 EBITDA grows 16% YoY with margins ahead of estimates at ~27%
Growth impacted by CGHS changes and delayed bed commissioning
Brokerage expects topline and EBITDA CAGR of 19% and 22% over FY26-29
FY27-29 EBITDA estimates cut by up to 6%
Brownfield expansion monetisation expected in FY27
Citi On Fortis Health
Recommendation Buy; Target ₹1120
Q4: Strong Quarter With Steady Growth in Hospitals
Despite bed expansion, margins remained resilient
Healthy momentum in hospitals business
Sustained traction in diagnostics
- May 25, 2026 09:16
Rating update: Aurobindo pharma
CLSA on Aurobindo
Downgrade to hold, TP raised Rs 1490 from Rs1370
Reported an in-line quarter driven by strong revenue growth in Europe; US declined YoY.
Margins (in line) were lower YoY owing to higher opex.
It expects US$2bn revenue from the US in two years (vs. US$1.6bn in FY26), double-digit growth in Europe in FY27, and 21% consolidated margin in FY27
While it expects new launches, portfolio expansion and acquisitions to lead overall growth, expect the full impact of these initiatives only from FY28
BoFA Sec on Aurobindo
Buy, TP Rs 1700
While ARBP’s US sales were 8% lower QoQ (vs BofAe flattish) on soft seasonality, company reported an inline EBITDA of Rs17.5Bn (20% margin).
This was supported by the 160bps QoQ gross margin expansion largely on Pen-G plant ramp-up.
While $2Bn US revenue run-rate (vs $1.6Bn in FY26) depends on Lannett deal closure (2QFY27), 21% margin guidance is 50-100bps higher than street/BofA estimates.
GS on Aurobindo
Buy, TP Rs 1550
4Q broadly in line with estimates (+2% vs. GSe), with sales/EBITDA growing by +6%/+1% yoy driven by strong growth in Europe (+29% yoy) and growth markets (+25% yoy) partially offset by a slower US which is still seeing impacts of the gRevlimid ramp-down (-13% yoy).
EBITDA margin came in steady at 20.3% (-16bps vs. GSe), as higher GMs (+216bps yoy) were offset by higher employee costs
Co aspires to achieve high single digit topline growth (ex-gRevlimid) while guiding to maintain margins at 21%+ mark in FY27
Nuvama on Aurobindo
Buy, TP Rs 1680
Reported in-line revenue/EBITDA, but a 5% miss on PAT
Gross margin was better than estimate, while EBTDA margin was broadly in-line
Weak US growth was offset by strong growth in Europe and growth markets
Remain optimistic on Aurobindo’s growth/margin prospects as the company is nearing an inflection point of operating leverage in Pen-G and TheraNym CMO unit.
Aurobindo is also set to benefit from growth in Europe and Lannett closure
DAM Cap on Aurobindo
Buy, TP Rs 1767
Co’s steady operating performance over multiple qtrs. reinforces view that it is best placed to any leverage generic industry tailwinds.
Aurobindo is stepping on gas with growing investments in biosimilars, peptides, injectables, etc.
Innovative biologics CMO for MSD adds another medium-term growth engine.
Recent Lannett acquisition seems to be another value accretive M&A
Anticipate meaningful impact of recent big-ticket investments (PenG, China, granulation, injectables) to be visible in coming quarters along with capex intensity easing.
- May 25, 2026 09:15
Rating Agencies on Sun Pharma
Kotak Securities On Sun Pharma
Target ₹1960
Recommendation Add
Growth guidance cools even as levers hold firm
Misses the mark in Q4FY26; FY27E topline guidance is bit of a dampener too
Despite the Q4 dip, specialty progress on track
Expect SUN to report a robust ~16% EPS CAGR over FY26-29
CLSA On Sun Pharma
Recommendation Outperform; Target ₹2020, Earlier Target ₹1920
Moderate guidance
Innovative drugs, India, other regions continue to offset tepid US generic
Moderate overall guidance amid uncertainty
Goldman Sachs On Sun Pharma
Not Rated
4Q sales and EBITDA grow 13% and 6% YoY respectively
India and emerging markets continue to drive growth
Global Innovative Medicines sales rise 20% YoY to $354 mn
EBITDA margin at ~27% lower than estimates due to higher operating costs
Brokerage tweaks FY27-29 EPS estimates by up to 3%
Morgan Stanley On Sun Pharma
EBITDA miss on higher spend
Delivered strong growth in India and global innovative medicines in Q4
Ilumya and new launches led growth
Higher R&D and operating costs pressured margins
Long-term growth remains supported by specialty expansion and its dominant India franchise
- May 25, 2026 09:14
Stock in focus: Divis Labs
Jefferies on Divis Labs
Buy, TP Rs 7950
Q4 largely in line, with strong 21% yoy growth from Custom Synthesis (CS) and nutraceuticals (+17% YoY); however, generics reported a 7% yoy sales decline despite forex benefit
Divi’s guided for continued double-digit growth (in INR) in coming years & has plans to be a large peptide manufacturer going forward
Timelines for key CS projects remain unclear due to regulatory approvals
Kotak Inst Eqt on Divis Labs
Sell, TP Rs 5850
Delivered a 4% operating miss in 4QFY26, largely on account of a tad lower CSM growth amid muted, albeit in-line, generic API sales.
Within CSM, Divi’s ability to swiftly compensate for potentially lower Entresto sales in EU with commercial molecules will be a monitorable.
On a positive note, Divi’s client engagement stays high with multiple projects, including peptides, at various stages of development.
After having significantly upped ante on capex in FY2026 (Rs25.2 bn versus Rs14.4 bn in FY2025 and Rs10 bn in FY2024), it is guiding for capex intensity to stay elevated in FY2027E as well. However, at 49X FY2028E P/E, valuations already bake in anticipated CSM uptick.
Morgan Stanley On Divis Lab
Recommendation Overweight; Target ₹7904
Custom Synthesis to drive next leg of growth
Aims to be one of the largest players in peptides globally
Currently has the largest SPPS scale in India
Capex uptrend should lead to a revenue pickup in H2FY27
Citi On Divis Lab
Recommendation Buy; Target ₹9140
Transient Q4 Softness; Capex Ramp Up and Pipeline Strengthen Growth Outlook
Management reiterated double-digit revenue growth for FY27
Continue to view Divi’s as top pick in India pharma
Strong pipeline visibility and step-up in capex position the company well for accelerating near- to medium-term growth
- May 25, 2026 09:14
Stock in focus: Eicher Motors
CLSA on Eicher Motors
O-P, TP Rs 7651
Consolidated Ebitda margin was in line at 24.9% (down 57bps QoQ), with Royal Enfield (RE) facing c.90bps of commodity inflation in 4Q and a further 3.5% in 1QFY27
RE implemented price hikes of c.70bps in Jan and 170bps in Apr to partly offset the impact.
With cost optimisation and operating leverage benefits, RE remains confident in offsetting the bulk of the impact.
With utilisation nearing 90%, RE is expanding capacity via brownfield and greenfield expansion
Expect RE to outperform industry volume growth, driven by strong 350cc+ demand, & build in a 12% volume Cagr in FY26-28.
On VECV, turn cautiously optimistic on back of tough macroeconomic conditions amid ongoing Middle East crisis
GS on Eicher Motors
Buy TP Rs 8400 from Rs8000
Reported an in-line 4Q.
Revenue/EBITDA were +2%/+1% vs GSe
Gross margins were flat qoq with -90bps of commodity headwind offset by +70bps of price hike in Jan and +20bps of mix + value engineering.
Management highlighted production issues from labor & raw material/gas shortage, impacting May volumes, which are now resolved.
Current Inventory levels are thin at 7-8 days with dealer inventory running even lower.
175bps of price hike in April can offset 50% of ~300-350bps commodity impact with more offsets possible above this.
Management indicated that inquiries in May continue to be strong at +23% yoy
HSBC on Eicher Motors
Buy, TP Rs 8200
Management expects demand momentum to persist in export and domestic markets; inflation remains a near-term headwind
RE announced a greenfield expansion beyond the 2m units of annual capacity added by ongoing Cheyyar’s brownfield project
Stronger growth trajectory than industry justifies premium valuation
Morgan Stanley On Eicher Motors
Recommendation Equal-weight; Target ₹7763
Q4 – inline with estimates
Eicher expects growth momentum to continue in FY27
On exports, the company remained cautiously optimistic
Capacity enhancement - debottlenecking efforts aim to improve capacity to 1.6 million units from 1.4 million
CITI on Eicher Motors
Buy, TP Rs 8350
4Q slightly above estimates on better ASP and gross margin.
Mgmt outlook is positive for mid-segment bikes in India (Royal Enfield dominates the segment).
Healthy demand trends are manifested in strong growth in enquiry, even as Apr deliveries were impacted by manpower unavailability and LPG supply disruption.
Significant capacity addition is planned for RE- 1) current capacity is 1.46mn units/year, 2) post brownfield expansion capacity will be 2mn units by 2QFY28, 3) a greenfield facility is planned for Rs25bn
VECV demand trends are steady & new financing JV with Volvo should augment volumes
That said, cost pressures are rising, and RE price hikes undertaken thus far cover only 50% of impact
- May 25, 2026 09:12
Stock market
Asian shares edge up, oil prices fall after Trump says peace talks on Iran war proceeding
Asian shares mostly rose Monday and oil prices plunged after US President Donald Trump said talks on ending the war with Iran are progressing.
Japan’s benchmark Nikkei 225 surged 3.1 per cent in morning trading to 65,321.56. Australia’s S&P/ASX 200 added 0.4 per cent to 8,692.70. The Shanghai Composite edged up 0.4 per cent to 4,127.53.
Trading was closed in South Korea and Hong Kong for holidays marking Buddha’s birthday. Trading will be closed in the US on Monday for Memorial Day.
- May 25, 2026 09:12
Stock in focus: Hindalco
CITI on Hindalco
Neutral, TP Rs 1170
At Rs101.8bn (6% ahead), 4Q consol EBITDA rose 6% yoy/28% qoq
QoQ increase is attributed to better performance across divisions.
India upstream: Rs54.5bn vs. Rs48.3bn in 3Q; India downstream: Rs2.6bn vs. Rs2.3bn; Copper: Rs9bn vs. Rs6bn; Novelis: Rs42bn vs. Rs31bn.
India upstream EBITDA/t was $1,756 vs. $1,572 in 3Q and should continue to rally (spot $3,650), offset partly by 5% higher costs
Est debt should peak at $8.2bn in FY27 & fall thereafter ($6.8bn as of Mar26); estimate net D/EBITDA at 1.6x vs. 1.8x in Mar26
Global team is structurally bullish aluminium; CY27 estimate is $3,800
Maintain Neutral, given LME upside from spot may not be significant
Potential upsides such as (1) Bay Minette profitability, (2) higher India smelting capacity, and (3) captive coal are back-ended.
Kotak Inst Eqt on Hindalco
Reduce, TP Rs 1100 from Rs1000
4QFY26 consolidated EBITDA beat estimates across both copper and aluminum divisions.
Novelis’ reported EBITDA remains impacted by Oswego, which should restart hot mill ops in early June 2026—with normalization likely in 2HFY27E.
Margins should further increase in the aluminum division on elevated LME in 1QFY27E, only partially offset by higher input costs.
Coal mine cost benefit is likely to accrue only from FY2028.
Commodity price tailwind should offset project execution risks and back-ended growth over FY2027-29E.
HSBC on Hindalco
Buy, TP Rs 1430
India aluminum EBITDA +13% q-o-q; earnings across businesses should further improve
FY26 net debt increase partially driven by one-time factors; debt should decline materially from FY27 year-end
Increase EBITDA estimates by 2-6%
CLSA On Hindalco
Recommendation Outperform; Target ₹1240, Earlier Target ₹1035
Strong tailwinds; Strong beat in India
Guidance: High cost and hedging to partly offset strong LME
Novelis drives high leverage
- May 25, 2026 09:09
Commodities
WTI crashes over 6%, Brent falls over 2.5%
Crude oil futures traded lower on Monday morning after some reports indicated that the proposed deal between the US and Iran to end the war could lead to the reopening of the Strait of Hormuz. At 9.06 am on Monday, August Brent oil futures were at $97.38, down by 2.62 per cent, and July crude oil futures on WTI (West Texas Intermediate) were at $90.47, down by 6.34 per cent. June crude oil futures were trading at ₹8668 on Multi Commodity Exchange (MCX) during the initial hour of trading on Monday against the previous close of ₹9168, down by 5.45 per cent, and July futures were trading at ₹8436 against the previous close of ₹8893, down by 5.14 per cent.
- May 25, 2026 09:07
Forex
Rupee opens up 0.3% at 95.34 per US dollar
Previous close: 95.69
- May 25, 2026 09:06
Global bits
Argentina — Gradually removing taxes on selected industrial exports to boost manufacturing competitiveness.
Brazil — Development bank BNDES reduced stakes in Petrobras and Axia Energia amid portfolio restructuring.
Mexico — Economy contracted in Q1, though the slowdown was milder than the worst forecasts.
United States — Dow Jones hit a fresh intraday record high as easing Middle East tensions improved investor sentiment.
India — RBI signaled it will maintain forex market stability without aggressive rate hikes, prioritizing inflation control.
China — Officials denied forcing tech firms to reject foreign investment amid global scrutiny.
Indonesia — Coal export policy changes created uncertainty for miners and commodity traders, Q1 current account deficit widened to 1.09% of GDP.
South Korea — Korea Post increased investments in AI data centers and real estate to improve returns.
Singapore — Q1 economic growth accelerated to 6%, though external risks remain elevated.
Japan — Core inflation eased to a four-year low, though energy-related price pressures may rebound.
Bangladesh — Central bank launched a $4.9 billion stimulus package to support slowing economic growth.
United Kingdom — Retail sales recorded the sharpest decline in nearly a year as consumers cut fuel spending, Rising living costs continue to pressure households and challenge the government politically.
Spain — New migrant job-matching initiatives aim to address labor shortages and regularize workers.
Source: Reuters
- May 25, 2026 09:05
Stock market
Sensex jumps 800 pts in pre-open
Sensex jumps 800 pts, Nifty up 250 pts in pre-open on Iran-US peace deal hopes; Nasdaq futures up 1.2%, Nikkei jumps 3%
- May 25, 2026 08:45
Today’s Stock Pick, May 25, 2026: Saregama India
Today’s Stock Recommendation: May 25, 2026
Discover today's stock recommendation: Saregama India, with a positive outlook following a recent breakout. Learn more in our latest episode.
- May 25, 2026 08:42
Forex
Rupee to extend rally on US-Iran deal hopes, RBI Governor's remarks aid sentiment
The Indian rupee is set to build on its two-session rally on Monday as hopes of a deal to end the Iran war boosted risk appetite, while the central bank governor’s remarks on the currency are expected to aid sentiment as well.
Reserve Bank of India Governor Sanjay Malhotra told the Mint newspaper that the central bank will do “whatever is required” to ensure orderly movements in the foreign exchange market and that following its recent fall, the rupee appears undervalued.
Malhotra’s remarks follow two consecutive days of firm central bank intervention, per traders, in the foreign exchange market, which helped the rupee recover from its record low of near 97 per dollar hit on Wednesday last week.
On Monday, the rupee is expected to open around 95.50 per dollar, up from its close around 95.69 on Friday. The currency is down 6% over 2026 is so far.
Traders expect the currency to hold a slightly positive bias through the session as Brent crude oil prices retreated below $100 per barrel for the first time in over two weeks on optimism that the U.S. and Iran are moving closer to a peace deal.
(Reuters)
- May 25, 2026 08:40
Stock market
Bond investors tap soaring swap rates to juice returns
Bond investors tap soaring swap rates to juice returns
Multi-year high swap rates are driving some Indian debt fund managers into trades aimed at boosting fixed-income returns.
- May 25, 2026 08:33
Central Bank of India Ltd (CENTRALBK)- Offer for Sale
Issue Period:- 22- May-26 to 25- May-26
For Non- Retail ( QIB +HNI ) open & close date :- 22- May-26
For Retail open & close date – 25- May-26 (Today)
Floor Price: RS. “31.00”
Closing Price on date of announcement: Rs. 33.92\u0009
Current Market Price: Rs. 31.22
Base Issue size: 36.21 Crs Shares – 4.00% of O/S Capital
Green Shoe Issue size: 36.21 Crs Shares – 4.00% of O/S Capital
Total Issue Size: 72.41 Crs equity shares (RS. 2,241.75 Cr) – 8.00% of O/s Capital
Non-Retail Portion (QIB + HNI) - 90% of Offer Size - Bidding on :- 22- May-26
Total Issue Size: 65.17 Crs shares (Rs. 2,020.27 Cr)
Non- Retail Clearing Price: Rs 31.00.
Retail Portion - 10% of Offer Size - Bidding on 25- May-26 (Today)
Total Issue Size: 7.24 Crs equity shares (Rs. 224.47 Cr)
Note : Upto Rs 2 lacs bids are classified as Retail and above non retail ( QIB + HNI )
Note : Based on clearing price discovered for Non retail bids, the minimum price to bid for Retail portion will be Rs. 31.00
- May 25, 2026 08:25
Fuel Price Hike: Petrol, diesel prices raised by ₹2.61-2.71; hikes top ₹7.5/litre within two weeks
Petrol and diesel prices were raised by ₹2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks as state-owned fuel retailers continued to pass on rising international oil prices to consumers.
With the latest revision, cumulative increases in petrol and diesel prices have nearly touched Rs 7.5 per litre since fuel price revisions resumed on May 15 after a prolonged freeze, stoking concerns over inflationary pressures and higher transportation costs across the economy.
The latest revision pushed petrol prices higher by ₹2.61 per litre and diesel by ₹2.71, according to industry sources.
- May 25, 2026 08:23
Gold silver
Gold rises nearly 1% on easing oil as investors assess US-Iran deal prospects
Gold rises on weaker dollar, easing oil as investors assess US-Iran deal prospects
Gold prices rose more than 1% on Monday, supported by a weaker dollar and easing oil prices, as investors weighed prospects of a breakthrough in U.S.-Iran peace negotiations.
- May 25, 2026 08:14
Stock market
Global Markets | Stocks rise sharply, oil and dollar slip on Iran peace hopes
Stocks surged on Monday while the U.S. dollar and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check.
The nearly three-month-long conflict in the Middle East has driven energy prices sharply higher and reshaped the global rates outlook, as inflation concerns intensify following Tehran’s effective shutdown of the key strait through which a significant share of the world’s energy flows.
U.S. President Donald Trump said on Sunday he had told his representatives not to rush into any deal with Iran, as his administration played down hopes of an imminent breakthrough.
On Monday, oil prices hit two-week lows to kickstart the week with Brent crude futures down over 4% to $98.83 a barrel, while U.S. West Texas Intermediate was at $92.03 a barrel, also down over 4%.
The euro was up 0.33% at $1.1646, while the Japanese yen firmed to 158.85 per U.S. dollar as the safe-haven dollar gave up some of its recent gains.
Nasdaq futures were 1.2% higher and S&P futures were up 0.7%. Japan’s Nikkei jumped 3% to roar past the 65,000 level for the first time. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1%.
(Reuters)
- May 25, 2026 08:12
Stock market
Stock Markets on Friday
Stock markets recovered on Friday with the benchmark Sensex closing higher by nearly 232 points following buying in blue-chip bank shares amid positive global trends.
The 30-share BSE Sensex climbed 231.99 points, or 0.31 per cent, to settle at 75,415.35. During the day, it surged 627.61 points, or 0.83 per cent, to 75,810.97.
The 50-share NSE Nifty edged higher by 64.60 points or 0.27 per cent to end at 23,719.30.
- May 25, 2026 08:09
Commodities
Crude Oil Drops as US Touts Progress on Deal Toward Reopening Strait
Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed.
Global crude benchmark Brent fell as much as 5.7% to $97.64 a barrel, while West Texas Intermediate was below $92. Trump said in social-media posts he wouldn’t “rush” into a deal, which “isn’t even fully negotiated yet.” Any final approval may take several days, according to senior US officials.
- May 25, 2026 08:02
Japan's Nikkei jumps past 65,000 mark for first time on Iran talks optimism
Japan’s Nikkei share average surged past the 65,000 level for the first time on Monday, as optimism for a deal to end the war in Iran boosted demand for risk assets.
The benchmark Nikkei 225 Index rose 3.12% to 65,316.79 and touched an all-time intraday record of 65,408.57. The broader Topix climbed 1.39% to 3,946.67.
Japan’s dependence on imported energy has made its economy vulnerable to a surge in oil prices caused by the nearly three-month conflict between the United States, Israel and Iran.
U.S. President Donald Trump said over the weekend that Washington and Iran had “largely negotiated” a memorandum of understanding on a peace deal that would reopen the Strait of Hormuz shipping lane for petroleum. He later said he had told his representatives not to rush into any deal.
(Reuters)
- May 25, 2026 07:39
Stock market
Nifty may open with 200-point gain as crude slips sharply
Nifty may open with 200-point gain as crude slips sharply
Domestic markets are likely to open strongly higher on Monday as crude oil prices fell sharply on hopeful that Iran and US sign deal is likely to happen soon. Gift Nifty at 23,985 signals that Nifty may open with gains of 200 points. Asian stocks opened sharply higher in early deal on Monday.
- May 25, 2026 07:29
Forex
US-Iran deal optimism offers rupee, bonds a breather
The Indian rupee and government bonds are likely to kick off the week on firmer footing as expectations rise that a breakthrough might be imminent in the three-month-old U.S.-Iran war after U.S. President Donald Trump said the Iran deal is “largely negotiated”.
The rupee fell to a record low of 96.96 per dollar last week before being shored up by firm central bank intervention, which helped it close stronger at 95.69 on Friday.
“RBI’s aggressive intervention may keep upside in USD/INR capped for a few sessions if crude remains below $110 per barrel,” FX advisory firm IFA Global said in a note.
Traders expect the currency to hover between 95 and 96 this week, with headlines surrounding the Iran war likely to dictate directional momentum.
Read more here - May 25, 2026 07:20
EARNINGS (net income adj. ests. in INR where available):
* Aditya Birla Fashion & Retai (ABFRL IN) 4Q 2.39b loss (10 analysts)
* Amara Raja Energy & Mobility L (ARENM IN) 4Q 1.82b (10)
* Blue Jet Healthcare Ltd. (BLUEJET IN) 4Q 533m (3)
* Campus Activewear Ltd. (CAMPUS IN) 4Q 425m (6)
* Container Corp. Of India (CCRI IN) 4Q 3.37b (8)
* FIEM Industries Ltd. (FIEM IN) 4Q 664m (4)
* HeidelbergCement India Ltd. (HEIM IN) 4Q 371.6m (5)
* Hitachi Energy India Ltd. (POWERIND IN) 4Q 3.12b (8)
* IFB Industries Ltd. (IFBI IN) 4Q 213m (3)
* NBCC India Ltd. (NBCC IN) 4Q
* Poly Medicure Ltd. (PLM IN) 4Q 821m (3)
* Rail Vikas Nigam Ltd. (RVNL IN) 4Q
* Sundaram Finance Ltd. (SUF IN) 4Q 5.23b (5)
* Suzlon Energy Ltd. (SUEL IN) 4Q 7.37b (7)
* Techno Electric & Engineering (TECHNOE IN) 4Q
- May 25, 2026 07:20
Stock market
EQUITY PREVIEW:
* Century Ply (CPBI): 4Q Net Income 774.7M Rupees Vs. 711.2M Rupees Y/y
* Colgate-Palmolive (CLGT): 4Q Net Income -0.6% Y/y to INR3.53b, Misses Estimates
* Divi’s Labs (DIVI): 4Q Net Income 7.51B Rupees Vs. 6.62B Rupees Y/y
* Eicher Motors (EIM): 4Q Net Income +12% Y/y to INR15.2b, Beats Estimates (1)
* Hindalco Industries (HNDL): 4Q Consolidated Net Misses Estimates (2)
* ICICI Bank (ICICIBC): Reappoints CEO Sandeep Bakhshi for Another Two Years
* Indraprastha Gas (IGL): Raises CNG Prices by 1% Across Markets
* Indian Railway Finance Corp.(IRFC): Signs Loan Deal With Consortium of Banks to Raise $1.1B ECB
* JK Cement (JKCE): 4Q Net Income -16% Y/y to INR3.45b, Beats Estimates
* Jubilant Pharmova (JUBLPHAR): 4Q Net Income -23& Y/y to 1.19B Rupees (1)
* Lupin (LPC): Gets China Approval for Influenza Treatment
* Maruti Suzuki (MSIL): Recall 26 Super Carry vehicles made between Feb. 17-Feb. 21, 2026
* NTPC (NTPC): 4Q Net Income +51% Y/y to INR87.5b, Beats Estimates
* NTPC Green (NTPCGREE): Approves fundraising up to INR50b; approves incorporation of jv with CTRLS Datacenters
* Ramco Cements (TRCL): 4Q Net Income INR1.46b vs. 309.9m, Beats Estimates
* Sterlite Technologies (SOTL): Gets $1.11 Billion Three-Year Supply Contract
* Sun Pharmaceutical (SUNP): Sun Pharma 4Q Net Income +26% Y/y to INR27.1b, Misses Estimates (1)
* Torrent Pharma (TRP): 4Q Net Income -22% Y/y to INR3.89b, Misses Estimates
* Torrent Pharma approves fund raise via equity, convertible bonds
- May 25, 2026 07:13
Stock market
Buzzing stocks: Anupam Rasayan, Bliss GVS, Oil India, NBCC, RVNL, Lupin, Aurobindo Pharma, Goodluck, PNC Infra, Sterlite Tech, CBI and others
Buzzing stocks today: Anupam Rasayan, Bliss GVS, Oil India, NBCC, RVNL, Lupin, Aurobindo Pharma, Goodluck, PNC Infra, Sterlite Tech, CBI and others
Explore major stock developments involving Anupam Rasayan, Bliss GVS, Oil India, and more in this concise market overview.
- May 25, 2026 06:56
Retail participation reduced significantly in several popular stocks during Q4 FY26
♦️Major Decline in Retail Holding:
🔻PB Finetech -6.4%
🔻Bajaj Consumer Care -5.4%
🔻Mastek -4.1%
🔻Anthem Biosciences -3.9%
🔻Suven Life Sciences -3.9%
🔻Aditya Infotech -3.7%
🔻BSE -3.3%
🔻MTAR Technologies -2.6%
🔻Zen Technologies -2.6%
🔻Bandhan Bank -2.6%
🔻Aarti Industries -2.6%
🔻Data Patterns -2.3%
🔻Premier Energies -2.2%
🔻Natco Pharma -2.2%
🔻Indusind Bank -2.1%
🔻SCI -1.9%
🔻Birlasoft -1.9%
🔻Salzer Electronics -1.9%
🔻GE Shipping -1.8%
🔻GE Power -1.8%
🔻ICICI Bank -1.8%
🔻Jindal Saw -1.7%
🔻GMR Airport -1.6%
🔻JK Tyre -1.6%
🔻Piramal Finance -1.6%
🔻Tata Elxsi -1.6%
🔻RBL Bank -1.6%
🔻Waaree Energies -1.6%
🔻GMDC -1.5%
🔻Tata Motors -1.4%
- May 25, 2026 06:56
BIGGEST COMEBACK STOCKS OF THE YEAR 🚀📈
Top Performers
- Sterlite Technologies: +522%
- MTAR Technologies: +472%
- Bajaj Consumer Care: +225%
- Quality Power Electrical: +212%
- Venus Remedies: +211%
Strong Gainers
- Ather Energy: +195%
- GE Power: +193%
- TD Power: +187%
- Acutaas Chemicals: +183%
- GE Vernova T&D: +173%
Other Major Movers
- MCX: +166%
- Lumax Auto Technologies: +160%
- Hindustan Copper: +148%
- Sansera Engineering: +139%
- HFCL: +137%
Key Trend
- Rally led by power, defence, EMS, railways, capital goods and manufacturing themes
- Several stocks more than doubled from yearly lows.... In Railway Sector Govt Investment arround 12 Lacks Cr in next 5 years Investment... Visibility in the sector Check all Govt Railway stock it next Power
- May 25, 2026 06:53
Quarterly results
SPIC Q4 Consolidated Net Profit Rises 51.5% YoY to ₹29.49 Crore
Southern Petrochemical Industries Corporation Ltd. (SPIC) reported a consolidated net profit of ₹29.49 crore for the quarter ended March 2026, registering a growth of 51.5% year-on-year compared with ₹19.47 crore in the corresponding quarter last year, aided by operational efficiencies and contribution from equity-accounted investees.
Consolidated profit before tax rose 53.7% YoY to ₹45.98 crore from ₹29.91 crore in the year-ago period. Revenue from operations stood at ₹584.15 crore during the quarter compared with ₹754.37 crore in the corresponding period last year. Total income for the quarter was ₹595.73 crore, while profit from operations before share of profit from equity-accounted investees and tax stood at ₹41.82 crore.
Standalone Performance
On a standalone basis, the company reported a net profit of ₹26.15 crore for the March quarter compared with ₹13.09 crore in the corresponding period last year. Standalone profit before tax stood at ₹41.82 crore against ₹20.64 crore a year ago. Standalone revenue from operations stood at ₹584.15 crore compared with ₹754.37 crore in the same quarter last year.
Full-Year Performance (FY26)
For the full year ended March 2026, consolidated net profit increased 35.9% YoY to ₹211.48 crore compared with ₹155.62 crore in the previous year. Revenue from operations during the period stood at ₹2,955.97 crore.
On a standalone basis, net profit for the full year rose to ₹186.16 crore from ₹130.84 crore in the previous year, while revenue from operations stood at ₹2,955.97 crore.
- May 25, 2026 06:52
WIPRO Limited Buyback Record Date Announced
Buyback Price : 250 ₹
Today’s Closing Price : 203.11
Buyback Size ₹ : 15,000 Crore ₹
Buyback Size in Shares : 60,00,00,000 Shares
Retail Quota : 9,00,00,000 Shares
Record Date for Buyback : 05 June, 2026
- May 25, 2026 06:51
Quarterly results
Ramco Cements Q4 results:
Net income 1.46 billion rupees vs. 309.9 million rupees y/y, estimate 1.06 billion rupees (Bloomberg Consensus)
Revenue 26.06 billion rupees, +9% y/y, estimate 26.14 billion rupees
Total costs 25.16 billion rupees, +6.2% y/y
Other income 121.8 million rupees, -5.9% y/y
Dividend per share 2.50 rupees
- May 25, 2026 06:51
Stock market
Some Global Markets will remain Closed on Monday (May 25, 2026)
United States: The New York Stock Exchange (NYSE) and
Nasdaq are closed for Memorial Day.
United Kingdom: * The London Stock Exchange (LSE) is closed for the Spring Bank Holiday.
Hong Kong: * The Hong Kong Stock Exchange (HKEX) is closed for the Birthday of the Buddha.
- May 25, 2026 06:45
Gold silver
Gold rises on weaker dollar as investor weigh US-Iran peace deal prospects
Gold prices rose more than 1% on Monday, supported by a weaker dollar and lower oil prices, as investors weighed prospects of a breakthrough in U.S.-Iran peace negotiations.
FUNDAMENTALS
* Spot gold rose 1.4% to $4,570.88 per ounce by 0045 GMT. U.S. gold futures for June delivery gained 1.1% to $4,572.90.
* The dollar fell, making greenback-priced bullion more affordable for holders of other currencies.
* U.S. President Donald Trump said on Sunday he had told his representatives not to rush into any deal with Iran, as his administration played down hopes of an imminent breakthrough in the three-month-old war that had been raised a day earlier.
(Reuters)
- May 25, 2026 06:45
Petrol, diesel prices raised by ₹2.61-2.71; hikes top ₹7.5/litre within two weeks
Petrol, diesel prices raised by ₹2.61-2.71; hikes top ₹7.5/litre within two weeks
Petrol and diesel prices were raised by ₹2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks, as state-owned firms continued to pass on rising international prices to consumers.
- May 25, 2026 06:37
Stock market
Nifty & Bank Nifty இந்த வாரம் (25 May’26 to 29 May’26) என்ன ஆகும்? எங்கு செல்லும்?
- May 25, 2026 06:36
Stock market
Nifty and Bank Nifty Predictions for the week: May 25-29, by BL GURU
- May 25, 2026 06:32
Stock market
Stock to buy today: Saregama India (₹402.70)
Stock to buy today: Saregama India (₹402.70)
After the breakout, the scrip has been trading flat. However, it sustains well above ₹370, and the chart shows that the stock has formed a new higher base at ₹390
Published on May 25, 2026
English (US) ·