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PRE MARKET
Gift Nifty indicates a muted start for the broader index in India, with a gain of 10.50 points or 0.04 percent. The Nifty futures were trading around the 24,847.50 level.
Gift Nifty recorded a new milestone in May, achieving an all-time high monthly turnover of $102.35 billion, surpassing its previous record of $100.93 billion set in April.
A volatile session on Friday little changed, as U.S. President Donald Trump slammed China before sounding upbeat about reaching a trade deal. However, the benchmark index tallied its biggest monthly increase since November 2023.
The Dow Jones Industrial Average rose 54.34 points, or 0.13%, to 42,270.07. The S&P 500 lost 0.48 points, or 0.01%, at 5,911.69 and the Nasdaq Composite fell 62.11 points, or 0.32%, to 19,113.77.
Asian share markets made a wary start to the week on Monday as investors navigated the shifting sands of White House tariff policy, while awaiting key U.S. jobs data and a widely expected cut in European interest rates.
Japan’s Nikkei fell nearly 1.5 percent, Hong Kong’s Hang Seng also fell a massive 2.6 percent. The Taiwanese index edged lower 1.36 percent.
STOCKS TODAY
Niva Bupa Health Insurance Company
Reports from CNBC-TV18, quoting sources, indicate that Fettle Tone and Krishnan Ramchandra will likely sell up to 7.2% of their stake in Niva Bupa Health Insurance Company through block deals. The expected block size for the transaction is around Rs 1,082 crore.
Alembic Pharmaceuticals
The United States Food and Drug Administration (US FDA) has issued a Form 483 with four observations for Alembic Pharmaceuticals’ API-I & II units at Panelav. The inspection took place between May 26 and May 31, 2025, and was a routine, unannounced cGMP inspection. None of the observations were related to data integrity.
IRCON International
The company has received an Engineering, Procurement, and Construction (EPC) order worth Rs 1,068.34 crore from East Central Railway. The order involves the construction of a new broad gauge (BG) rail bridge, including the sub-structure for a double-line track and the superstructure for a single-line track, across the river Ganga between Bikramshila and Katareah stations on the New Railway Line Project.
Godrej Properties
Godrej Properties, a leading real estate developer, has acquired a 14-acre land parcel in Kharadi-Wagholi, Pune. The company plans to develop a premium group housing project with a potential developable area of 3.7 million square feet, estimated to generate a revenue potential of Rs 4,200 crore.
Source – Moneycontrol
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