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US markets will remain closed Monday on the account of Memorial Day. Asian markets were mixed this morning, with Japan and South Korea leading regional gains. Indian market look set to open higher on Monday, tracking gains in US index futures and mostly positive cues from Asian markets after US President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president. Investors will also react to RBI’s record dividend transfer of Rs. 2.7 lakh crore to the government and its implications for fiscal policy. On the economic front, the release of industrial and manufacturing production data for April along with the Q4 GDP growth figures due this week may provide fresh insights into the economic recovery trajectory.

U.S. stocks closed sharply lower on Wednesday as Treasury yields surged, raising concerns that U.S. government debt could increase by trillions of dollars if Congress approves President Donald Trump’s proposed tax-cut bill. The Dow Jones Industrial Average fell by 816.80 points, or 1.91%, closing at 41,860.44, while the S&P 500 dropped by 95.85 points, or 1.61%, to finish at 5,844.61. Asian shares also declined, and Treasuries continued to slide when trading opened on Thursday, following the losses on Wall Street linked to worries about the U.S. increasing deficit.  Japan’s Nikkei index fell to a two-week low, impacted by rising U.S. Treasury yields and a stronger yen. The Nikkei dropped 0.8% to 37,007.79, after hitting a low of 36,873.61, the lowest level since May 8. Considering the global cues, the domestic market, the Sensex and Nifty 50 indices are expected to open lower on Thursday due to a sell-off in global markets. Investor sentiment has been shaky since Moody’s downgraded the United States’ credit rating last Friday, amid concerns regarding the country’s growing debt. On a stock-specific level, shares of IndusInd Bank are anticipated to be in focus following its report for Q4FY25, which revealed a net loss of Rs. 2,236 crore, compared to a profit of Rs. 2,346 crore during the same period last year. This marks the lender’s largest quarterly loss ever, and the company noted suspicions that some employees may have engaged in fraudulent activities, which led to accounting discrepancies previously disclosed by the bank.

U.S. stocks closed sharply lower on Wednesday as Treasury yields surged, raising concerns that U.S. government debt could increase by trillions of dollars if Congress approves President Donald Trump’s proposed tax-cut bill. The Dow Jones Industrial Average fell by 816.80 points, or 1.91%, closing at 41,860.44, while the S&P 500 dropped by 95.85 points, or 1.61%, to finish at 5,844.61. Asian shares also declined, and Treasuries continued to slide when trading opened on Thursday, following the losses on Wall Street linked to worries about the U.S. increasing deficit.  Japan’s Nikkei index fell to a two-week low, impacted by rising U.S. Treasury yields and a stronger yen. The Nikkei dropped 0.8% to 37,007.79, after hitting a low of 36,873.61, the lowest level since May 8. Considering the global cues, the domestic market, the Sensex and Nifty 50 indices are expected to open lower on Thursday due to a sell-off in global markets. Investor sentiment has been shaky since Moody’s downgraded the United States’ credit rating last Friday, amid concerns regarding the country’s growing debt. On a stock-specific level, shares of IndusInd Bank are anticipated to be in focus following its report for Q4FY25, which revealed a net loss of Rs. 2,236 crore, compared to a profit of Rs. 2,346 crore during the same period last year. This marks the lender’s largest quarterly loss ever, and the company noted suspicions that some employees may have engaged in fraudulent activities, which led to accounting discrepancies previously disclosed by the bank.

In the previous session on May 20, Indian equity benchmarks extended their decline for the third straight day, dragged down by weak global cues and persistent selling by foreign institutional investors (FIIs). Globally, Wall Street paused its recent rally, with the S&P 500 snapping a six-session winning streak and all three major U.S. indices ending in the red. The Dow Jones slipped 0.27%, while the Nasdaq Composite and S&P 500 fell 0.4%, pressured by rising U.S. Treasury yields amid renewed concerns over the country’s sovereign debt profile. In Asia, however, sentiment remained upbeat as indices in Australia, South Korea, and Hong Kong advanced, supported by China’s central bank cutting key lending rates for the first time in seven months to stimulate growth. The KOSPI rallied nearly 1%, and the Hang Seng gained around 0.5%, further bolstered by Chinese state banks lowering deposit rates to ease margin pressures. Despite this, Indian markets are expected to open on a muted note today, as suggested by GIFT Nifty, with global trade uncertainties, continued FII offloading, and some lacklustre earnings season likely to dampen investor sentiment. On the stock-specific front, shares of IRCON are expected to be in focus after the company secured a Rs 253.56 crore work order from South Western Railway for the installation and commissioning of KAVACH safety systems across 778 route kilometres in the Bengaluru and Mysuru divisions.

Wall Street concluded the day slightly higher on Monday, despite Moody’s downgrading the U.S. sovereign credit outlook. The downgrade was prompted by concerns over the government’s $36 trillion in outstanding debt and escalating interest costs. Early Tuesday morning, U.S. stock futures showed limited movement, with S&P 500 futures inching up by less than 0.1% and Nasdaq 100 futures dipping by 0.1%. In Asia, equities advanced for the first time in four sessions, buoyed by Wall Street’s gains that brought the S&P 500 closer to entering a bull market. A regional index climbed by 0.4%, supported by strong performances in Australia, Japan, and South Korea, reflecting a more optimistic global sentiment. Given these positive indicators, Indian benchmark indices, the Nifty 50 and Sensex, are anticipated to open higher, with Gift Nifty suggesting a premium of nearly 80 points. On a stock-specific note, Bharat Electronics Ltd (BEL) is expected to be in the spotlight after the company reported an 18% YoY growth in its Q4FY25 earnings and announced a final dividend for the financial year.

Indian equities are poised for a subdued start to the week, despite a strong showing last week where the Nifty 50 surged over 4%, driven by easing geopolitical tensions, robust FII inflows, and positive global sentiment. Wall Street ended higher on Friday, marking its fifth consecutive day of gains, buoyed by optimism surrounding the U.S.-China tariff truce. However, sentiment was partially dampened by weaker-than-expected consumer sentiment data, pointing towards a possible slowdown in the U.S. economy. In early Monday trading, U.S. stock futures declined by 0.2% following a credit rating downgrade from Aaa to Aa1, which has weighed on investor sentiment. A key dollar index slipped 0.3%, and U.S. Treasuries remained largely flat. Asian markets opened weaker, with Japan, Australia, and South Korea trading in the red, indicating cautious risk appetite in the region. In corporate developments, Vodafone Idea is in focus after the Indian government rejected its plea to waive over $5 billion in interest and penalties related to statutory dues. The financially strained telecom operator has approached the Supreme Court, citing public interest, and warned that without government support, it may not be able to continue operations beyond FY26.

Wall Street indices ended mixed on Thursday, influenced by optimism over a temporary reduction in tariff rates between the US and China. The S&P 500 gained 0.41% to close at 5,916.93, while the Dow Jones Industrial Average advanced 0.65% to 42,322.75. In contrast, the Nasdaq slipped 0.18% to 19,112.32. Asian markets mostly traded lower as investors assessed Japan’s latest GDP figures and awaited further economic data from the region. Indian benchmark indices are expected to open on a positive note, as indicated by GIFT Nifty trading higher. Investor sentiment is likely to be driven by US President Donald Trump’s comments on the India-US trade deal, ongoing corporate earnings announcements, and foreign investor inflows. On the stock-specific front, Biocon’s subsidiary, Biocon Pharma, has received approval for Rivaroxaban tablets, a drug used to reduce the risk of stroke and systemic embolism in patients with nonvalvular atrial fibrillation.

Wall Street indices traded mixed on Wednesday as investors awaited the next round of economic data after a strong start to the week, driven by softer inflation data and easing of US-China trade tensions. The Dow Jones Industrial Average declined by 89.37 points to 42,051.06, while the S&P 500 edged up 6.03 points to 5,892.58. Asian markets fell after five consecutive sessions of gains. Japan’s Nikkei 225 fell 1.09%, Hong Kong’s Hang Seng dropped 0.5%, and China’s CSI 300 slipped 0.93%. Indian benchmark indices are expected to open on a positive note, supported by strong quarterly earnings and trading activities of foreign investors. Market participants are also closely watching for a speech by US Federal Reserve Chair Jerome Powell later in the day. On the stock-specific front, real estate developer Brigade Enterprises Ltd. announced the acquisition of a prime 5.41-acre land parcel on Velachery Road in Chennai for Rs. 441.7 crores. The planned development will span 0.8 million square feet and is expected to yield a gross development value (GDV) of approximately Rs. 1,600 crores.

Wall Street indices, except the Dow Jones, rose on Tuesday after US consumer inflation data for April came in lower than expected. The S&P 500 climbed 42.36 points to close at 5,886.55, while the Nasdaq Composite advanced 301.74 points to 19,010.09. However, the Dow Jones Industrial Average slipped 269.67 points to 42,140.43, dragged down by a decline in UnitedHealth shares after the company suspended its annual forecast and its CEO resigned. Asian markets traded cautiously as investors awaited further clarity following the sharp rebound in US markets, which recovered losses on signs of easing trade tensions. Following the global cues, Indian benchmark indices are expected to open on a positive note, with GIFT Nifty indicating a strong start in the green. On the stock-specific front, ITD Cementation India has secured a Rs. 593 crore order for construction work at Jaipur International Airport in Rajasthan.