Market View 25th May, 2026

View on market: Volatility persists, eagerly searching for growth:

Global markets started the week on a positive note as investor confidence improved after signs of easing tensions in the Middle East. Lower oil prices supported sentiment across major markets and boosted hopes of smoother global trade and economic stability. Asian markets were mostly strong, with Japan leading the rally as investors remained optimistic about global growth and technology-related sectors. Markets in some Asian countries remained closed due to holidays, leading to lighter regional activity. US markets also ended higher before the long weekend, supported by continued strength in technology and artificial intelligence-related companies. Positive sentiment around global developments and steady investor buying helped markets maintain their upward momentum. Indian markets also closed in the green and continued their steady performance for the week. Buying in key sectors and supportive global cues helped benchmark indices remain stable. Overall, market mood stayed positive with investors closely watching global developments, oil prices, and upcoming economic signals.

Key Quarterly Results for Today:

AARTIPHARM, ABFRL, ABHIFIN, AJMERA, BAJAJINDEF, BHARAT, BLUEJET, CAMPUS, CONCOR, HEIDELBERG, JINDWORLD, MANINDS, NBCC, PATELRMART, POWERINDIA, SUPRAJIT, SURYAROSNI, SUZLON, SVGLOBAL, TCIFINANCE, UNIPARTS, ZODIAC.

Economic Calendar:

• USD: House Price Index Data on 26^th May 2026.
• IND: Industrial Production Data on 28^th May 2026.
• USD: PCE & Core PCE and GDP Growth Rate and Continuing & Initial Jobless Claim Data on 28^th May 2026.
• IND: Bank Loan & Deposit Growth and Foreign Reserves Data and GDP Growth Rate on 29^th May 2026.

BROKERAGE RADAR:

KOTAK SECURITIES ON SUN PHARMA:

Target ₹1960 Recommendation Add, Growth guidance cools even as levers hold firm, Misses the mark in Q4FY26; FY27E topline guidance is bit of a dampener too, Despite the Q4 dip, specialty progress on track, Expect SUN to report a robust ~16% EPS CAGR over FY26-29.

MORGAN STANLEY ON DIVIS LAB:

Target ₹7904 Recommendation Overweight, Custom Synthesis to drive next leg of growth, Aims to be one of the largest players in peptides globally, Currently has the largest SPPS scale scale in India, Capex uptrend should lead to a revenue pickup in H2FY27.

MORGAN STANLEY ON EICHER MOTORS:

Target ₹7763 Recommendation Equal-weight, Q4 – inline with estimates, Eicher expects growth momentum to continue in FY27, On exports, the company remained cautiously optimistic, Capacity enhancement -debottlenecking efforts aim to improve capacity to 1.6 million units from 1.4million.

BERNSTEIN ON NTPC:

Target ₹430 Recommendation Outperform, Execution in line with our expectation, One of the few reasonably valued utilities left, Renewables – Big target for FY27 but grid could be a limitation, Concerns is that NTPC might be ceding ground to private players and is going slow on new thermal award.

International Markets:

U.S & Europe:

*As per 25^th May.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

View on market: Volatility persists, eagerly searching for growth

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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