May 29, 2025 6:54 AM IST
Editor’s Take | Surabhi Upadhyay Shares Her Views On The Market
Thursday Cues
Asian markets follow Wallstreet futures higher
Wallstreet futures up 1-2% as US federal court strikes down Trump reciprocal tariffs
Nvidia shares rise 5% in after hours trading as rev growth tops estimates growing 69%
Nvidia takes $4.5b charge due to chip export curbs
Nvidia CEO Jensen Huang: “$50 billion China market for AI chips effectively closed to U.S. industry.”
IIP growth remains sluggish
April IIP At 2.7% Vs 3.9% (MoM)
April IIP At 2.7% Vs 5.2% (YoY)
Mining Output Contracts 0.2% Vs Growth Of 0.4% In March
Electricity Growth Slows To 1.1% Vs 6.3% In March
Manufacturing Growth Rises To 3.4% Vs 3% (MoM)
Capital Goods Growth Surges To 20.3% From 2.4% (MoM)
Market on Wednesday: Index consolidates, action shifts to mid & smallcaps
Fund Flow
FIIs Net Buy `4,662.92 Cr In Equities Today (Provisional)
DIIs Net Buy `7,911.99 Cr In Equities Today (Provisional)
IndusInd Bank in Focus
SEBI Bans IndusInd Ex-CEO Sumant Kathpalia & Four Others from securities market citing violation of insider trading rules
Insider Trading Related To Announcement Made On March 10 Around Discrepancies in Derivative Accounting
Noticees Sold Shares While In Possession Of UPSI & Before Making It Public
SEBI Impounds `19.7 Cr from 5 KMPs
Key Earnings
Bata : Net Profit : Weak from the top; Rev down 1.2%; EBITDA, PAT lower
Cummins: Soft quarter but above estimates; Rev up 6%, margin down 200 bps
