PRE MARKET
GIFT Nifty was trading at 24,040 in early trade, down 87 points or 0.36 percent from Nifty futures’ previous close, indicating a mildly negative start for benchmark Indian equity indices.
US cash markets remained shut overnight for the Memorial Day holiday, leaving investors focused on geopolitical developments and commodity markets.
Dow Jones Futures gained 296.81 percent paint or 0.58%.
Asian markets traded mixed amid hopes for a breakthrough in the US-Iran peace talks.
Japan’s Nikkei 225 fell 0.33%, while South Korea’s Kospi jumped 2.95% to a fresh high, Hong Kong’s Hang Seng index futures indicated a 0.55% positive opening.
STOCKS IN NEWS
Bharat Electronics (BEL)
State-owned defence electronics firm Bharat Electronics Limited (BEL) on Monday announced that it has received additional orders worth ₹608 crore since its previous disclosure on May 5.
Rail Vikas Nigam (RVNL)
Navratna PSU under the Railway Ministry, on Monday, May 25, reported a 58.9% year-on-year fall in consolidated net profit for the fourth quarter of FY26 to ₹187.1 crore, down from ₹455.4 crore in the corresponding quarter last year.
Suzlon Energy
Wind energy company Suzlon Energy on Monday posted a 6% year-on-year decline in consolidated net profit to ₹1,114 crore for the fourth quarter, compared with ₹1,182 crore in the corresponding quarter last year.
One97 Communications (Paytm)
The company stated that its wholly owned subsidiary, Paytm Cloud Technologies Limited (PCTL), has approved an investment of €9 million in Paytm Europe Payments S.A. by subscribing to 9 million equity shares with a face value of €1 each.
Pine Labs
Fintech company Pine Labs on Monday posted a profit for the fourth quarter, compared to a loss in the same period last year, driven by robust revenue growth and improved operating performance.
Source: Mint, Moneycontrol