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Stock Market Highlights: Indian equity benchmarks opened and closed in the red on Tuesday. At the open, Sensex was down over 130 points, while the Nifty fell over 30 points. At the close, Sensex dropped 425 points while Nifty was down 118 points.

Just a day earlier, Indian equity markets had climbed to their highest level in two weeks. However, fresh US strikes in the Middle East have spooked investors yet again. Meanwhile, the rupee opened 15 paise stronger at 95.38 a dollar.

Market Cap: All BSE Sensex Companies

At the close on Monday, the total market cap of all BSE Sensex companies stood at Rs 4,68,33,375.

Highlights: Stock Market, Sensex Today, Nifty, Share Market

Smarten Launches New MPPT Solar PCU range "Helix 1100-1250", Starting from Rs 5,350

Smarten Power Systems, an Indian power backup and solar energy solutions company catering to residential and commercial users, has announced the launch of the 8th Series of its MPPT Solar PCU range, named as HELIX 1100-1250. 

Available across India at a starting price of Rs 5350 , the HELIX 1100-1250 series is designed to accelerate solar energy adoption by offering efficient, reliable, and cost-effective power backup solutions for residential households and rural communities. The company expects strong traction from both installers and end-users, supported by its expanding solar ecosystem and extensive nationwide distribution network.

The HELIX series comprises two models, HELIX 1100 and HELIX 1250, both operating on a 12V architecture but engineered to deliver different performance thresholds. The HELIX 1100 is designed to handle up to 600W of solar panel input, while the higher-capacity HELIX 1250 extends support up to 1200W, enabling greater solar harvesting capability for larger load requirements. Both models are built on MPPT (Maximum Power Point Tracking) technology, ensuring higher solar conversion efficiency compared to conventional PWM-based systems.

DashLoc Strengthens Global Expansion, Targets 400+ Brand Partnerships This Financial Year

DashLoc has announced a major growth milestone as the company continues to expand its global footprint across multi-location brand management and digital business visibility solutions. The company currently works with more than 250 brands across multiple sectors and has established its presence in 12 countries.

With a strong business pipeline and increasing demand from enterprise and multi-location businesses, DashLoc is now targeting onboarding more than 400 brands during the current financial year.

The brand recently released its new product DashVoice to enable hyperlocal discovery through AI. Its primary product, steering the portfolio from day one, has been DashLocal.

Ganesh Green Bharat Limited Announces FY26 Earnings Result

Ganesh Green Bharat Limited (NSE SME Emerge: GGBL), an ISO 9001:2015, ISO 14001:2015 and BIS-certified company specialising in solar PV module manufacturing, solar systems and allied EPC services, electrical contracting, and water supply scheme projects, today announced its audited financial results for the half year and year ended March 31, 2026 - its strongest year on record, with revenue crossing the Rs 1,000 crore milestone for the first time.

The Board of Directors approved the audited Standalone and Consolidated Financial Results at its meeting held on Thursday, May 21, 2026. M/s D.G. Patel & Co., Chartered Accountants, issued audit reports with an unmodified opinion.

AI startup Quantum Tiger Raises Pre-Seed at USD 2 Million Valuation

Quantum Tiger, an AI-native strategic intelligence company building next-generation operational intelligence infrastructure, today announced the successful closure of its pre-seed foundation round at a valuation of $2 million. The round was backed by a prominent Middle East-based family office, with the investment amount remaining undisclosed.

Founded in Kolkata, Quantum Tiger is developing an intelligence operating system designed to help enterprises and institutions transform fragmented information into contextual, operationally actionable intelligence. The platform combines graph memory systems, adaptive risk analysis, contextual AI reasoning, and intelligence workflows to support strategic decision-making across increasingly complex operational environments.

Oakter launches Studio AC 5000 2026 Model with improved star rating, inverter technology, and upgraded design, starting at Rs 14,499

Oakter, by Riot Labz Pvt Ltd, has announced the launch of its new Studio AC 5000 2026 Model, a 0.5 Ton 3-Star Inverter Window AC designed for compact urban spaces and modern Indian homes. Featuring improved energy efficiency, inverter-based cooling technology, and an upgraded easy-to-service body design, the new model builds on the earlier Studio AC 5000 2025 while offering smoother cooling performance and a more refined user experience. 

Launch Price at just Rs 14,499+GST and available on leading online marketplaces, quick commerce & Oakter website. Comes with a super sleek remote control, a mounting frame, One Year Warranty on the unit and Five Year Warranty on the compressor. The Studio AC 5000 2026 Model is designed for cozy study rooms, studio apartments, cabins, and workspaces up to 75 sq. ft. The compact air conditioner weighs up to 22 kgs making it 30% lighter than conventional ACs. It is First True Plug n Play window Ac which works with standard 6Amp home/office power outlets with Built-in Surge Protection. This requires no change to the current electrical wiring and even runs on a pure-sine wave 1200VA inverter.

From Logbooks to AI-Powered Care: Samsung Marks 30 Years of Customer Service in India

Samsung, India's largest consumer electronics brand, marks 30 years of its customer service journey in India, tracing its evolution from a small service operation in Delhi in the mid-1990s to one of the country's largest and most digitally-connected customer care ecosystems.

When Service Was Still Analog

The story of Samsung's customer service evolution closely mirrors India's own technological transformation - from an era of handwritten complaint registers, pagers and physical service visits to AI-powered diagnostics, connected appliances and predictive care ecosystems.

When Samsung opened its first service centre in India in March 1996, the country looked very different. Phones and internet were rare and customer requests were manually recorded in registers resting on crowded office desks.

BPTP Limited Launches Downtown 66 in Sector 66, Gurugram - A Curated Downtown Living Experience Rooted in Design, Culture, and Community

BPTP Limited, one of the National Capital Region's established real estate developer, has announced the launch of Downtown 66, a premium residential development in Sector 66, Gurugram, with a Gross Development Value (GDV) of approximately Rs 2,500 crore. The residential development comprises 504 luxury residences in 3 & 3.5 BHK configurations, with prices starting from Rs 5.32 crore. The project is being developed with an estimated investment of approximately Rs 1,200 crore. Positioned within one of the city's prominent urban corridors, the project is inspired by global downtowns where, residences are seamlessly connected to social spaces, lifestyle experiences, and commercial hubs within a cohesive, walkable ecosystem.

Rising to an approximate height of 150 metres along Golf Course Extension Road, Downtown 66 introduces a built form that integrates architecture with a layered living experience one that moves beyond conventional residential planning towards a more curated, immersive, experience-oriented format of urban living. 

M1xchange's S2S platform crosses Rs 1,400 Crore YTD throughput, accelerating Deep-Tier MSME financing across India

Following the recent remarks made by the Finance Minister Nirmala Sitharaman urging financial institutions to move beyond "standard products" for MSMEs, M1xchange's S2S deep-tier financing platform is seeing a growing adoption, targeting to double platform volumes by FY27 and cross Rs 10,000 crore in throughput by FY30.

Currently the platform has crossed Rs 1,400 crore in year-to-date throughput, signalling growing adoption of MSME-to-MSME trade financing across India. The S2S platform extends the TReDS framework beyond traditional corporate-to-MSME financing by enabling MSME buyers to access formal credit for procurement from MSME suppliers. The S2S platform has seen an increase of 102% in its buyer base with financier network on the platform has grown by 50% to 21 lending partners.  

Fuel, Extreme Heat, El Nino: Why India "May Have A Terrible Year Ahead"

A weak monsoon, soaring temperatures, costly crude oil and food inflation could combine to squeeze households, businesses and economic growth in 2026. Read full report here

Bernstein Sees 66.6% Upside in Aptus, Maintains Outperform Rating

Key highlights:-


  • Bernstein expects a 66.6% upside for Aptus, maintaining its Outperform rating with a target price of Rs 340.
  • Growth momentum across affordable housing financiers improved significantly in Q4FY26, with aggregate disbursement growth accelerating to 16% YoY compared to 8% in the previous quarter.
  • Aptus continued to report healthy AUM growth of 21% YoY during the quarter, reflecting improving demand trends and stable business momentum.
  • Asset quality trends across the sector continued to improve, supported by easing borrower stress and moderation in delinquency indicators.
  • Bernstein highlighted that specialised AHFCs like Aptus remain well-positioned due to their operationally intensive lending model, strong distribution network, and focus on underserved mass-market borrowers.
  • The brokerage also noted that despite improving profitability and operating metrics, AHFC valuations continue to remain attractive compared to larger diversified NBFCs.

TEXMiN Honoured with Prestigious International Recognition at RAREMET-2026 in Moscow

Prof. Dheeraj Kumar, Project Director, TEXMiN Foundation and Deputy Director, Indian Institute of Technology (ISM) Dhanbad, has been honoured with the prestigious "Medal of Academician Nikolay P. Sazhin for achievements in the development of science and technologies of rare metals" at the International Congress on Rare Metals, Materials and Related Technologies (RAREMET-2026) being held in Moscow, Russia.

The medal was conferred during the opening day of the congress in recognition of Prof. Kumar's contributions towards the advancement of rare metals research, critical minerals, and technology development in the mining and metallurgical sectors.

Zuari Industries Limited Announces Its Audited Financial Results

Zuari Industries Limited (BSE: 500780, NSE: ZUARIIND) announced its audited financial results for the quarter and financial year ended March 31, 2026.

On a standalone basis, the Company reported total income of Rs 994.9 crore for FY26, while EBITDA stood at 191.5 crore up 6.8% from FY25. Profit Before Tax (before exceptional items) stood at Rs 54.1 crore for the year up 70% from FY25. Profit After Tax (PAT) stood at 12.1 crore for the year against a loss of Rs 37.4 crore.

Expert View By InvestorAi

The Thesis

Yesterday's 1.32% Nifty surge to 24,032 was domestic-funded - DIIs poured Rs 3,718 cr against FIIs' tepid Rs 705 cr - and today's book leans hard into that conviction. With Brent crashing 6% below $98 on US-Iran de-escalation and VIX easing to 18.44, the picks rotate into India's twin beneficiaries: global metals momentum and crude-relief consumption.

Where We're Concentrated

Conviction clusters in three buckets: industrial metals (Hindalco, Vedanta), PSU energy/utilities (Coal India, GAIL), and domestic consumption (Maruti, Havells). It's a barbell - global cyclical exposure on one end, India-domestic insulation on the other. The thesis breaks if overnight US weakness (S&P 0.67%, GIFT Nifty soft) spills into FII selling that DIIs can't absorb, or if crude snaps back on stalled Iran talks.

Conviction Picks

HIGHEST CONVICTION

Hindalco Industries

Aluminum strength sits at the intersection of China stimulus hopes and a softer dollar; the entire metals complex is the book's biggest tilt.

Sammaan Capital

NBFC re-rating play as falling rates and crude-led disinflation reopen the housing-credit window.

Coal India

PSU dividend defensive that benefits from sustained domestic power demand even as oil collapses.

Vedanta

Doubles the metals bet - pure leverage to global reflation alongside Hindalco.

Maruti Suzuki

Cleanest crude-crash beneficiary; lower input costs flow straight through to auto margins.

One Thing to Watch

Brent below $98. A sustained break is rocket fuel for Indian consumption; a snap-back on collapsing Iran talks takes the entire thesis with it.

AU Real Estate Announces the Launch of 'Cosmos Corner' in Ghaziabad at Rs 6,900 Base Price Per Sq. Ft.

AU Real Estate, a multifaceted real estate developer known for design-led residential and mixed-use developments, today announced the launch of Cosmos Corner, a premium residential development located in Siddharth Vihar, Ghaziabad, with residences offered at an introductory base price of Rs 6,900 per sq. ft. 

The project is being developed by Cosmos REIT Pvt. Ltd., a 100% subsidiary of AU Real Estate, through a competitive auction conducted by the Uttar Pradesh Awas Vikas Parishad at a transaction value of ₹336

crore.

The development spans approximately 5.6 acres and will comprise around 831 residential units across 40 floors. The project is being developed with an estimated total investment of approximately Rs 1200 crore and carries a projected revenue potential of Rs 1600 crore upon completion.

Designed around the philosophy of "Life of Expanse", Cosmos Corner

sets out to redefine premium urban living through planning,

architectural distinction, and a curated lifestyle ecosystem -

delivering on the aspirations of discerning homebuyers across the

National Capital Region.

Cashfree Payments Clocks in Close to Rs 1,000 crore Revenue in FY26

Cashfree Payments, one of India's leading AI-native payments companies, today reported that it has achieved EBITDA profitability in March 2026 and is on track for full-year EBITDA profitability in FY27. The company also clocked in approximately Rs. 1,000 crore in revenue in FY26, a milestone which reflects the maturation of its business model and sets the foundation for its next phase of growth. Cashfree Payments' GTV also grew by 78% on a Q4-on-Q4 basis.

Commenting on the milestone, Akash Sinha, Co-founder & CEO, Cashfree Payments said, "There is a version of profitability that comes from slowing down, cutting costs, deferring investments, and narrowing ambitions. That is not what happened here. We clocked in significant GTV growth that generated strong revenue performance and with efficient cost management we achieved EBITDA profitability in March 2026. In FY26 our cross-border operations reached scale, grew our merchant base significantly, and doubled down on AI-native infrastructure. What FY26 tells us is that sustainable and profitable growth is not in tension with building for the future. At Cashfree, it is the same motion. FY27 will be the year we demonstrate that at a full-year level."

CoinSwitch Markets Desk

BTC is trying to recover after defending the $77K support area, but the move still looks like a rebound rather than a confirmed breakout. Price remains below $78K as the market absorbs institutional outflows and higher exchange-side supply. US spot Bitcoin ETFs reportedly saw over $1.74B in outflows across two weeks, while rising inflows into major exchanges and activity from 6-12 month holders suggest some profit-taking. Still, BTC holding short-term support keeps the recovery setup alive. With retail leverage elevated, volatility may increase if support is retested. Brent crude easing near $85 also reduces macro pressure.

TechnoStruct Group Conducts Hands-On 4D and 5D BIM Workshop for AIPL in Gurgaon

TechnoStruct Group, India's leading BIM consultant, has conducted a specialized corporate workshop for Advance India Projects Limited (AIPL) focused on advanced implementation of 4D and 5D BIM using Bexel Manager. The workshop was designed to equip participants with a practical understanding of how integrated BIM workflows can enhance construction planning, project monitoring, cost control, and execution efficiency across large-scale developments.

The sessions demonstrated how BIM model elements can be linked with project schedules to visualize the construction lifecycle, identify sequencing clashes, and optimize workflows before execution. Participants also gained a practical understanding of how 4D simulation can improve project planning, coordination, and stakeholder communication across construction projects.

The workshop also extensively covered 5D BIM workflows, which enabled the participants to understand how cost data can be integrated with BIM models for dynamic budgeting and financial tracking. The sessions included cost loading techniques, real-time cost analysis, and methods to monitor budget variations throughout project execution. This helped participants understand how 5D BIM can support stronger financial visibility, better cost control, and more informed project decision-making.

AU Real Estate Announces the Launch of 'Cosmos Corner' in Siddharth Vihar, Ghaziabad, at Rs 6,900 Base Price Per Sq. Ft.

AU Real Estate, a multifaceted real estate developer known for design-led residential and mixed-use developments, today announced the launch of Cosmos Corner, a premium residential development located in Siddharth Vihar, Ghaziabad, with residences offered at an introductory base price of Rs 6,900 per sq. ft. The project is being developed by Cosmos REIT Pvt. Ltd., a 100% subsidiary of AU Real Estate, through a competitive auction conducted by the Uttar Pradesh Awas Vikas Parishad at a transaction value of Rs 336 crore.

The development spans approximately 5.6 acres and will comprise around 831 residential units across 40 floors. The project is being developed with an estimated total investment of approximately Rs 1200 crore and carries a projected revenue potential of Rs 1600 crore upon completion.

Designed around the philosophy of "Life of Expanse", Cosmos Corner sets out to redefine premium urban living through planning, architectural distinction, and a curated lifestyle ecosystem - delivering on the aspirations of discerning homebuyers across the National Capital Region.

Flexprice Raises $1.5M Seed Round Led by Shastra VC, with participation from TDV Partners and Anupam Mittal

Flexprice, the open-source usage billing infrastructure built for AI-native and API-first enterprises, today announced a $1.5M seed funding round led by Shastra VC, co-led by Anupam Mittal founder of People Group and one of India's most prominent entrepreneurs and TDV Partners, who doubled down on their initial investment in the company. 

Following Flexprice's initial funding round in July 2025, which was focused on expanding the engineering team, accelerating integrations with leading payment gateways, and deepening its open-source ecosystem the company has now entered its strongest growth phase to date. Flexprice grew 6X in revenue last quarter, while event processing volume scaled 20x over the past year to more than 20 billion events per month. Today, its infrastructure powers usage-based billing for some of the fastest-growing AI companies globally, processing real-time data across token consumption, API calls, GPU hours, and hybrid pricing models at enterprise scale. 

Welspun World Strengthens Leadership Team with Appointment of Rajat Kumar Singh as Group CFO

Welspun World, one of India's fastest-growing conglomerates with businesses spanning line pipes, infrastructure, home textiles, flooring and warehousing, today announced the appointment of Rajat Kumar Singh as its Director & Group Chief Financial Officer, Welspun World, effective June 1, 2026.

In this role, Singh will be a key member of the Group's senior leadership team, responsible for financial strategy, capital allocation, M&A and inorganic growth, fund raising, treasury, and investor relations across Welspun World's portfolio of businesses. He will also work closely with the Boards and CXOs across group companies to drive long-term financial planning, including strategic capex, annual operating plans, and three- and five-year growth roadmaps, while strengthening relationships with key external stakeholders to support the Group's next phase of expansion.

Rajesh Mandawewala, Executive Vice Chairman, Welspun World, said, "We are pleased to welcome Rajat to Welspun World's leadership team. He comes with a vast experience across the infrastructure, real estate and energy sectors, and has proven his ability of driving growth and creating long-term stakeholder value. We are confident that his leadership will play an instrumental role as Welspun World continues to strengthen its presence across businesses and geographies."

Travel and Hospitality Hiring Turns More Structured as 63% Employers Plan Expansion and NEC Stands at 5.1% in HY1 FY2026-27: TeamLease

Hiring across India's travel and hospitality sector is entering a more calibrated phase, with Net Employment Change (NEC) at 5.1% for HY1 FY2026-27, according to the Employment Outlook Report by TeamLease Services. While 63% of employers plan workforce expansion, 20% expect no change and 17% anticipate reductions, signalling a measured approach to growth.

This moderation reflects evolving workforce strategies that are increasingly aligned with demand patterns across the sector. Growth continues to be driven by domestic leisure travel, expansion into Tier 2 and Tier 3 destinations, and rising activity in business travel, MICE, and religious tourism. The long-term outlook remains strong, with the sector's GDP contribution projected to rise from 256 billion dollars in CY24 to 523 billion dollars by CY34, supporting nearly 63 million jobs.

At a functional level, organisations are prioritising hiring for roles that directly influence customer acquisition and service delivery. Expansion intent stands at 53% in sales and marketing, followed by 49% in business continuity and 36% in finance. This distribution reflects a growing emphasis on customer engagement, digital platforms and financial oversight as travel and hospitality businesses scale across channels. Workforce additions are also expected across hotel operations, food and beverage services, event management, travel coordination and wellness tourism roles, reinforcing a service-led hiring approach.

Expert View By WazirX Market's Desk

"Bitcoin traded near $76,546, with technical indicators showing cautious momentum even as the broader market structure remained stable. On the institutional side, the SEC approved Nasdaq's proposal for cash-settled Bitcoin index options, while reports also highlighted a crypto-backed mortgage framework that could allow Bitcoin to be used as collateral.

Meanwhile, Ethereum traded around $2,087, with weak short-term signals. At the same time, growing focus on "clear signing" technology aims to improve wallet safety and reduce transaction risks across DeFi platforms.

Beyond major assets, crypto payment rails and stablecoins are increasingly being explored for AI agent transactions, particularly for micropayments and automated payments. Interest in decentralized trading platforms also increased, with Hyperliquid's HYPE token briefly surpassing Dogecoin in market capitalization.

Morgan Stanley projected that U.S. tech firms could spend nearly $800 billion on AI infrastructure by 2026, highlighting continued growth in the AI sector."

Expert View By Rajesh Palviya

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 extended its winning momentum on Monday, closing at 24,031.70 with a strong gain of nearly 310 points (+1.32%), comfortably holding above the crucial 24,000 mark for the second consecutive session. The rally was driven by robust short covering in banking and frontline counters, aided by easing crude oil prices, a strengthening Rupee and improving global risk appetite. Banking stocks remained at the forefront of the move, while broader participation across sectors reflected improving market sentiment.

Global cues also remain supportive. Although US markets were closed on account of Memorial Day, Wall Street indices ended Friday's session near record highs, indicating resilience in global equities. On the commodities front, gold and silver remained firm amid moderating geopolitical concerns, while Brent crude recovered marginally after Monday's sharp decline but continues to trade significantly below recent highs  a positive development for Indian macros and market sentiment. GIFT Nifty is hovering near 24,070, indicating a steady-to-positive start for domestic equities.

Technically, the undertone has turned decisively bullish after Nifty reclaimed and sustained above the key 23,850 resistance zone on a closing basis. Bank Nifty also witnessed aggressive short covering, suggesting improving risk appetite and the possibility of further upside momentum. Any positive developments on the geopolitical front along with supportive domestic triggers could accelerate the ongoing rally. As long as Nifty sustains above 24,000, the index has the potential to advance towards 24,150-24,350 in the near term. Immediate support is placed at 23,850, while stronger support is seen around 23,650.

Expert View By Harish Vatnani

Harish Vatnani, Head of Trade, ZebPay

Ethereum is currently trading around $2,110 on the daily timeframe and continues to respect a broader ascending support trendline that has been developing since the February lows near $1,780. Price recently failed to sustain momentum above the $2,350-$2,400 resistance zone and has now pulled back toward mid-range support levels.

The market structure still remains constructive overall because higher lows are being maintained, but short-term momentum has weakened after repeated rejection from resistance.

Expert View By Riya Sehgal

Riya Sehgal, Research Analyst, Delta Exchange

 

"Crypto markets are witnessing a cautious consolidation phase after last week's sharp corrective move, with Bitcoin currently trading near $76,500 while Ethereum hovers around the $2,090 mark. Both assets attempted short-term recovery bounces from recent lows, but upside momentum continues to face resistance as traders remain defensive.

Technically, Bitcoin is struggling to reclaim the key $77,500-$78,000 resistance band, where multiple higher timeframe moving averages are converging. Ethereum is showing a similar structure, repeatedly facing rejection near the $2,120-$2,130 zone while continuing to trade below major 4-hour EMA levels. Unless these resistance levels are decisively reclaimed, markets may remain vulnerable to another volatility-driven downside retest.

Broader sentiment also reflects caution, with the Fear & Greed Index holding near 39, signaling persistent risk aversion despite improving speculative participation in futures markets. Rising funding rates and higher perpetual volumes suggest leverage is building again, increasing the probability of sharp liquidation-led moves.

Meanwhile, macro factors including rising sovereign bond yields, uncertainty around the US Federal Reserve's rate outlook, ETF flow volatility, and ongoing geopolitical tensions continue to shape institutional risk appetite across crypto and global financial markets."

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