🔍 Key Market Overview
Indian equities closed lower on Tuesday, with the Sensex dropping 624 points and the Nifty slipping 175 points, weighed down by profit booking in Financial and IT sectors amid weak global cues and subdued FII participation. GIFT Nifty futures suggest a flat to slightly negative start today.
🏢 Stocks in Focus
1. Life Insurance Corporation of India (LIC)
LIC reported a 38% year-on-year increase in net profit to ₹19,013 crore for Q4 FY25, driven by lower expenses. This strong performance positions LIC as a stock to watch today.
2. ITC Ltd
British American Tobacco (BAT), the largest shareholder of ITC, announced plans to offload approximately 2.3% stake in the company through a block deal. This development may impact ITC's stock performance.
3. Bosch Ltd
Bosch is among the stocks in focus today amid dividend announcements and earnings buzz.
4. Tata Steel Ltd
Tata Steel is on investors' radar today, with attention on its performance amid market volatility.
5. Bharat Dynamics Ltd
Bharat Dynamics is among the stocks in focus due to recent developments and earnings reports.
6. NMDC Ltd
NMDC is influenced by dividend announcements and earnings updates.
7. Cummins India
Cummins India is set to announce its Q4 FY25 results today, making it a stock to watch.
8. IRCTC
IRCTC is in focus with market participants watching for price action based on recent performance trends.
9. SAIL
SAIL remains a key watch today amid broader sector movement and investor activity.
10. Vodafone Idea (Vi)
Vodafone Idea continues to draw attention as the company navigates financial restructuring and operational shifts.
🧠 Expert Picks
A few market experts recommend select midcap and PSU stocks today, noting strong fundamentals and recent technical breakouts. [Details may vary depending on brokerage advice.]
📊 Market Sentiment
Foreign institutional investors (FIIs) net bought equities worth ₹348 crore on May 27, while domestic institutional investors (DIIs) purchased ₹10,104 crore. Despite recent volatility, the broader market remains resilient, supported by robust Q4 earnings.
Source: Taken from multiple websites
Disclaimer
The information provided in this media release is based on current facts and circumstances as of the date of publication. It may contain forward-looking statements, including but not limited to projections, expectations, or assumptions about future events or performance. These forward-looking statements are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. Hester Biosciences Ltd does not undertake any obligation to update, revise, or correct any forward-looking statements based on new information or future events. This release is intended for informational purposes only and does not constitute financial, investment, or professional advice.