POST MARKET
The Indian stock market benchmarks, the Sensex and the Nifty 50, ended lower on Tuesday, 19 May, due to profit booking amid mixed global cues and persisting concerns over the US-Iran conflict, elevated crude oil prices, and the rupee’s weakness.
The mid and small-cap segments outperformed. The BSE 150 Midcap index rose by 0.73%, while the BSE 250 Smallcap index jumped 1.17%.
Among sectoral performers, Nifty IT extended its winning streak for the third straight session, rallying another 3.18%. Nifty Realty and Nifty Media also gained 1.36% and 1.15%, respectively.
STOCKS IN NEWS
Cupid
Stocks of Cupid tanked more than 5 per cent in Tuesday’s trade despite the condom-maker reporting its strongest-ever quarterly performance for Q4FY26.
Puravankara
Stocks of Puravankara surged over 8 percent in Tuesday’s trade after the Bengaluru-based real estate developer reported a strong set of March quarter results.
Jain Resource Recycling
Stocks of Jain Resource Recycling crashed nearly 16 percent in Tuesday’s trade, extending their two-day decline to around 28 per cent, as investors reacted sharply to margin pressure in the March quarter despite strong revenue growth.
Vodafone Idea
Stocks of Vodafonde Idea rose 4.59% on May 19 after the telco’s CEO said the firm is “deeply engaged” with an SBI-led bank consortium for its planned Rs 35,000-crore debt funding package, with the lender group comprising public sector banks, private banks and foreign banks. During the company’s fourth-quarter earnings call on Monday, chief executive officer Abhijit Kishore said that the telecom operator expects to close the process “very fast”.
Source: Moneycontrol, Mint
