Cummins India hit a fresh 52-week high after delivering its strongest-ever FY26 performance. Revenue, profit and margins expanded sharply, while Q4 earnings comfortably beat analyst expectations amid strong infrastructure and industrial demand.
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Suzlon Energy posted strong Q4FY26 earnings with sharp growth in revenue, EBITDA, and profit before tax. Improved project deliveries, a robust order book, and signs of easing execution bottlenecks strengthened optimism around India’s wind energy sector.
Following the results, Nestle India’s shares rose 3.3%, trading around ₹1,262 on the NSE during the afternoon session.
Profit before tax surged 167% to ₹138 crore, while cash PAT jumped 168% to ₹186 crore.
Operating performance was slightly weaker, with EBITDA dipping 1.4% to ₹580 crore from ₹588.2 crore.
Revenue also saw healthy growth. It was up 7.1% to ₹604 crore from ₹563 crore a year earlier.
Juniper Hotels confirmed that the property is adequately insured and has already received an interim payment of ₹5 crore from the insurer.
The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.
MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.
Benchmark indices ended range-bound on May 27, 2026, with Nifty and Sensex closing marginally lower amid profit booking, geopolitical concerns, and weakness in financial stocks led by HDFC Bank. Strong gains in metal, media, energy, and auto stocks helped limit market losses despite cautious investor sentiment.
Taiwan has surpassed India in stock market capitalization, driven by the AI-led surge in semiconductor giant TSMC. Investors are increasingly favoring chip manufacturing economies like Taiwan and South Korea over broader consumption-driven emerging markets.
The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.
MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.
Benchmark indices ended range-bound on May 27, 2026, with Nifty and Sensex closing marginally lower amid profit booking, geopolitical concerns, and weakness in financial stocks led by HDFC Bank. Strong gains in metal, media, energy, and auto stocks helped limit market losses despite cautious investor sentiment.
Taiwan has surpassed India in stock market capitalization, driven by the AI-led surge in semiconductor giant TSMC. Investors are increasingly favoring chip manufacturing economies like Taiwan and South Korea over broader consumption-driven emerging markets.
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