US stocks: S&P 500, Nasdaq, close slightly up in cautious start to a heavy earnings week
U.S. stocks saw modest gains as the S&P 500 and Nasdaq eked out small increases in muted trading. Investors are digesting recent record highs and anticipating a busy week with earnings reports, economic data, and the Federal Reserve’s rate decision. Geopolitical tensions in the Middle East also remain a concern.
Trent announces record date for its 1:2 bonus issue. Check details
Trent has set May 29, 2026, as the record date for its inaugural bonus share issue, offering one bonus share for every two held. This move, subject to approvals, aims to capitalize on share premium reserves. The company also reported strong Q4 FY26 financial results with a 26% net profit increase.
General Atlantic-backed Indian insurer Acko eyes up to $2.5 billion valuation in IPO, sources say
India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said.
Adani Total Gas Q4 Results: Cons PAT grows 9% YoY to Rs 168 crore; revenue up 17%
Adani Total Gas reported modest profit growth in Q4FY26, supported by higher volumes and revenue expansion. Rising gas costs and reduced APM allocation impacted margins, while the company maintained growth through calibrated pricing, diversified sourcing, and continued infrastructure expansion initiatives.
NSE adds one crore unique investors in 7 months, base crosses 13 crore mark
National Stock Exchange crossed 13 crore investors, reflecting rapid retail participation growth driven by digital access, awareness and policy support. Expansion is broad-based across regions, with rising SIP inflows and diversification, signalling deeper market penetration and a more inclusive investment ecosystem.
Tamilnad Mercantile Bank profit jumps 28% on strong growth
Tamilnad Mercantile Bank reported a 28% rise in Q4 profit driven by strong business growth, higher income and improved margins. Advances and deposits grew steadily, while asset quality strengthened, reflecting robust operational performance and sustained expansion across lending and deposit segments.
Coal India Q4 Results: Profit rises 12% to Rs 10,908 crore; co declares Rs 5.25 dividend
Coal India reported a 12% rise in Q4 profit driven by better realizations and higher income, despite cost pressures. Margins improved, though volumes stayed flat. The company also announced a final dividend, while annual profit declined due to elevated expenses.
NSE sells 1% stake in Indian Gas Exchange to comply with regulatory norm
The National Stock Exchange (NSE) has offloaded around 1 per cent stake in Indian Gas Exchange (IGX), the country’s first online delivery-based trading platform for natural gas, to comply with regulatory requirements, sources said on Monday.
Bajaj Housing Finance Q4 results: Profit rises 14% to Rs 669 crore; NII up 15%
Bajaj Housing Finance reported a steady Q4 performance with a 14% rise in profit to Rs 669 crore and 15% growth in NII. Strong loan expansion drove AUM up 23%, while asset quality stayed robust with GNPA at 0.27%. Operating efficiency improved even as provisions increased.
Sun Pharma deal structurally strong, debt the only overhang: Amit Khurana
Market expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma’s acquisition is seen as strategically sound, though debt requires careful management. Paytm Payments Bank’s license cancellation has limited impact on its core business. Banks show stable earnings with upside potential, while NBFCs face stretched valuations. Consumption and select sectors present opportunities.