- As per astrology view, some important turning dates are 18, 22, 25, 27 & 29th May 2026.
- Friday night closing: Dow -537 pts., Nasdaq -410 pts., S&P -93 pts. However, Gift Nifty closed in green at 23769 as Brent Crude declined sharply to $100.49. If crude falls further over the weekend and no negative developments emerge, Indian markets may remain strong on Monday.
- As per market grapevine, stocks to watch include Anantraj, Artefact Projects, Black Rose Ind., Butterfly Gandhimathi Appliances, Hester Biosciences, HFCL, IOLCP, Lehar Footwears, NSE SME KLL, Plastiblends India, Shiva Texyarn, SAIL, Somi Conveyor Beltings, VA Tech Wabag, Vodafone Idea and Yes Bank. Israel-Lebanon extending the ceasefire by 45 days is positive for bulls.
- Data: USDINR at 96.13, lifetime low for Rupee. Negative for importers and FIIs. Weak weekly closing in Nifty and Bank Nifty remains negative for bulls. As per market grapevine, inflation may rise sharply and demand may weaken in coming months.
- Kind attention to FM & Government: Simplifying account opening, compliance and investment processes for NRIs can become a major source of long-term capital inflows into India. Government should also consider reducing STT and long-term capital gains tax to attract FIIs, FPIs and NRIs.
- Very important: As per market grapevine, both old and new BSE websites remain very slow, with delays in opening quarterly results and other data. Technical and administrative departments should immediately improve bandwidth and website speed. Investors facing issues may contact BSE Web Manager on 022-22728358 / 8594 / 8973 / 8249.
