Market Commentary
Global markets
US market closed lower on Monday as Middle East conflict escalates. Dow Jones closed down by 1.1 pct. While Nasdaq closed red by 0.2 pct.
Asian markets
Asian markets trading lower in the early morning trade. Hang Seng trading down by 1.1 pct. While Nikkei closed up by 0.4 pct.
| Global Indices | % Change | ||
| Last Close | 1 day | YTD | |
| Dow Jones | 48,941 | -1.1 | 1.8 |
| Nasdaq | 25,067 | -0.2 | 7.9 |
| Hang Seng | 25,810 | -1.1 | 0.7 |
| Nikkei | 59,512 | 0.4 | 18.1 |
Commodities
Gold prices rose and currently stood at USD 4,541 over Middle East conflict. On the other hand, oil prices stood at USD 113.14/bbl.
| Commodities % Change | ||
| Last Close | 1 day | |
| Gold ($) | 4,541 | 0.5 |
| Silver ($) | 73.13 | 0.6 |
| Brent Crude ($) | 113.14 | -0.8 |
Indian Indices
India’s equity benchmarks are likely to open flat as GIFT Nifty indicates. Benchmark Indices rebounded on Monday over easing Oil prices, robust OEM’s sales data and trend in state election results.
Result Today – LT, M&M, Hero Moto Corp, Marico, Coforge, SRF
| Indian Market | % Change | ||
| Last Close | 1 day | YTD | |
| Sensex | 77,269 | 0.5 | -9.3 |
| Nifty | 24,119 | 0.5 | -7.7 |
| Nifty Bank | 54,878 | 0.0 | -7.9 |
| Nifty Midcap 100 | 60,159 | 0.6 | -0.5 |
| Nifty Smallcap 100 | 18,132 | 0.7 | 2.4 |
| Moving Averages | ||
| Nifty 50 | Nifty Bank | |
| 50 DMA | 24,110 | 56,301 |
| 100 DMA | 24,941 | 57,923 |
| 200 DMA | 25,090 | 57,218 |
| Institutional Activity | Rs crore | |
| Cash | YTD | |
| FII | -8828 | -228,586 |
| DII | 4701 | 292,918 |
Stocks to watch
| Positive Read through | Negative Read through |
| Tata Tech – CC sales growth at 12.4 pct QoQ, guides for double-digit FY27 growth | Manappuram Fin – FY26 profit fell 17.5 pct, PPoP declined 23 pct YoY |
| Wockhardt – Sales rose 30 pct, margin at 23.3 pct vs 9 pct YoY | Tata Chem – EBITDA slipped 16 pct, sales declined 2 pct YoY |
| Dynacons – Bags order worth Rs. 7.51 bn from RBI to set up private cloud infra for data centers | SEPC – Gets SEBI warning letter for delayed disclosure |
| KEI Ind – Margin expanded 70 bps, EBITDA jumped 27 pct YoY | OMCs/Paint – Crude higher, Brent jumps 4 pct overnight to USD 114/bbl |
| Jindal Stainless – Margin at 12.8 pct vs 10.4 pct, EBITDA grew 37 pct YoY | Aurobindo – Sanjay Chaturvedi, CEO of arm Apitoria Pharma, resigns |
| Afcons – Bags EPC order worth Rs. 3.73 bn in April | |
| Premier Energies – To acquire 26 pct stake in RE company Hexa Energy for Rs. 687 mn | |
| Adani Ports – Capital International buys 24.6 mn shares, Worldwide EM seller in block deal | |
| Petronet LNG – EBITDA increased 55 pct, margin at 19.7 pct vs 10.7 pct QoQ | |
| Aarti Ind – EBITDA rose 30 pct, margin at 14 pct vs 12 pct YoY | |
| Oil/ONGC – Crude higher, Brent jumps 4 pct overnight to USD 114/bbl | |
| EMS – Bags project worth Rs. 1.44 bn from UP Jal Nigam | |
| CAMS – EBITDA rose 7.2 pct, equity AUM at all-time high | |
| Quess Corp – EBITDA up 19 pct, margin up 37 bps YoY | |
| Sobha – Sales value up 11 pct YoY, net debt reduces |
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