Market Bizzz

NFP Sampoorna Foods is poised for its stock market debut on Monday, with grey market signals suggesting a flat listing. The company, specializing in cashew nut processing and distribution, raised Rs 24.53 crore through its IPO. Despite a focus on quality and certifications, the zero grey market premium indicates cautious investor sentiment ahead of its NSE SME listing.

Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with disruptions continuing to impact global oil supplies. Analysts caution that even with a deal, full normalization could take months, with potential impacts extending for years.

NTPC reported strong growth in quarterly profit driven by improved operational performance and higher revenues on a sequential basis. The company also announced a final dividend for FY26, while annual profit rose despite flat revenue growth and continued spending on fuel and finance costs.

Gokaldas Exports posted strong sequential profit and revenue growth in the March quarter despite global trade disruptions and US tariff pressures. Improved productivity, tighter cost controls and recovery in Africa operations supported performance, while India business remained resilient amid declining apparel exports.

Bitcoin and Ethereum extended losses as macroeconomic concerns, ETF outflows and geopolitical uncertainty weighed on investor sentiment. More than $400 million in leveraged crypto positions were liquidated, while analysts warned markets could remain volatile amid inflation worries and shifting Federal Reserve expectations.

US stocks rose as Dow hit an intraday record and S&P 500 extended its winning streak to eight weeks, supported by strong earnings and hopes of easing Middle East tensions. Tech stocks gained after Lenovo results lifted Dell and HP. Bond yields eased while Kevin Warsh was sworn in as Fed chair.

New US Federal Reserve chair Kevin Warsh vowed to be “reform-oriented” as he was sworn in at the White House on Friday, with President Donald Trump insisting the central bank chief would be “totally independent.” It is unusual for the chief of the Fed — an independent non-partisan body that sets monetary policy according to a dual mandate on inflation and employment — to be sworn in at the White House.

US consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. Inflation expectations climbed sharply, especially among Republicans and independents, signalling growing economic dissatisfaction and posing risks to spending despite a still-resilient labour market and ongoing stock market gains.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Investors have a final chance today to buy shares in TCS, Tata Consumer Products, and other companies for upcoming dividend payouts and bonus issues. May 25 is the record date. Shareholders owning stock on this date will be eligible for these corporate actions. TCS will pay a Rs 31 dividend on June 12.