Market View 27th May, 2026

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

Global markets showed a mixed but mostly positive trend. U.S. and European futures traded flat, while Asian markets opened higher as investors tracked tensions involving Iran and possible ceasefire talks with the United States. Markets also reacted positively to hopes that discussions between both sides may continue. Japan led gains in Asia, with its main indices touching fresh highs, supported by strong investor confidence and positive global cues. South Korea’s main market also opened sharply higher, although smaller stocks remained under pressure. Australia traded slightly positive, while Hong Kong futures indicated a cautious start. Wall Street delivered another strong session overnight, mainly driven by technology stocks. The broader U.S. market and tech-heavy Nasdaq closed at record levels, reflecting continued optimism in artificial intelligence and large technology companies. However, the Dow Jones ended lower, showing selective buying in the market. Indian markets ended weak amid profit booking and cautious sentiment. Both the Nifty and Sensex closed lower as investors remained watchful of global developments and geopolitical tensions.

Key Quarterly Results for Today:

APCL, ARMANFIN, ASAHIINDIA, ASHIANA, BAJAJST, BATAINDIA, BESTAGRO, BMWVENTLTD, CELLO, CPPLUS, CUMMINSIND, DCXINDIA, GABRIEL, GMRAIRPORT, HPL, INDOSTAR, JINDCAP, KIOCL, ORIENTTECH, PCJEWELLER, SHIVALIK, SKYGOLD, TIMETECHNO.

Economic Calendar:

• USD: PCE & Core PCE and GDP Growth Rate and Continuing & Initial Jobless Claim Data on 28^th May 2026.
• IND: Industrial Production Data on 28^th May 2026.
• USD: S&P Global and ISM Manufacturing PMI Data on 01^st June 2026.
• IND: Bank Loan & Deposit Growth and Foreign Reserves Data and GDP Growth Rate on 29^th May 2026.

BROKERAGE RADAR:

CLSA ON SBI:

Target ₹1275 Recommendation Outperform, NIM miss vs peers – Not the first time and probably not the last, SBI has missed on NIMs in one of the four quarters, The stock took a temporary beating, only to rebound again after a quarter, Should use the recent 10-12% stock correction to buy SBI, Repricing deposits should improve NIM by 8 bps.

CITI ON PINE LABS:

Target ₹235 Recommendation Buy, Guidance >20% Growth, Margin Expansion off Operating Leverage, The growth guidance is likely based on recent deal wins & partnerships, Adj EBITDA/Adj EBIT growth of 42%/84% over FY26-28, This will be led largely by operating leverage and steady contribution margins, Upside from affordability to offset downside from gift card distribution.

JPMORGAN ON HYUNDAI:

Target ₹2135 Recommendation Overweight, Domestic demand likely to remain strong in the near term, Multiple drivers of exports in the near and medium term, Ambition to have EV mix at least in line with or higher than the industry, The company has multiple levers to protect margins.

JEFFERIES ON ENTERO HEALTH:

Target ₹1350 Recommendation Buy, Mixed quarter for Entero, Management provided robust outlook for FY27 with 23% organic growth and 100bps year-on-year expansion in EBITDA margins, Growth to be driven by consolidation of acquisition, Cut FY27 EPS on higher tax rate and dep. hile raising FY28 EPS on improving margin trajectory.

International Markets:

U.S & Europe:

*As per 27^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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