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Wall Street stocks jumped on Wednesday, May 20, as President Trump said talks with Iran are nearing an end. The Dow Jones gained over 650 points, ending a losing streak. However, futures are now down, and oil prices fell sharply. Investors are watching for more news from West Asia.
Investing in SIPs for a long time makes your money grow steadily and safely. A study showed that for 8 years or more, all SIPs made money, unlike shorter periods with big ups and downs. As Madhu Nair said, "SIPs work well only over longer tenures."
Wow, get this! Parle Industries' stock shot up because people thought it was the company that makes Melody toffees. A video of the PM with the Italian PM caused the mix-up. Some traders mistakenly bought shares, thinking it was the famous candy maker, not the small software company. It's wild how names can cause such confusion!
SMR Jewels is opening its ₹67 crore IPO on May 26, aiming to raise money for a new studio and paying off loans. The company said, "Investors can bid for a minimum of 2,000 shares." They design and sell gold jewellery, and their sales and profits have grown a lot recently.
The Commerce Department is looking for ways to cut imports and boost exports because of worries about West Asia and a weaker rupee. They're asking industries for ideas on how to make more things here and sell more abroad. A source said, "The government wants to spare no effort in lowering imports wherever possible."
Maharashtra sold the most cars in FY26, with 5.64 lakh units. Uttar Pradesh led two-wheeler sales, selling 31.8 lakh units. SIAM said, "Demand drivers" like tax relief and lower loan costs helped boost sales. UP also topped three-wheeler sales, while Maharashtra led commercial vehicle sales.
Jubilant FoodWorks saw its profit jump 67% in the March quarter, reaching ₹82.4 crore. Even though Domino's India had slow growth, the company said, "Our confidence in sustaining 5-7 per cent medium-term LFL growth." They also faced some LPG supply issues but are now less dependent on it.
Apollo Hospitals did great this quarter, with profits jumping 33%! They're also giving shareholders a ₹10 dividend. The company's net profit was ₹547.2 crore, beating what experts thought. They said, "The board recommended a final dividend of ₹10". This good news made their shares go up a bit too.
India's leather exports dipped 1.6% in FY26, hitting $4.75 billion. This happened because of higher US tariffs and the West Asia crisis. Despite this, exports grew 2.62% in rupee terms. One expert said, "the 2.62 per cent expansion in rupee terms proves that underlying global demand remains robust."
Aditya Birla Capital is raising ₹4,000 crore for growth. Bosch India saw strong earnings from auto demand. Dr Reddy's launched a new diabetes drug. Jubilant FoodWorks had a mixed quarter, with profit falling. TeamLease announced a share buyback. Whirlpool's profit dropped significantly. HG Infra decided not to pursue MSRDC projects.
Bosch India's profits jumped 21% in the last quarter, thanks to strong sales in their car and bike parts business. They're also giving shareholders a ₹270 dividend! The company said, "we are eyeing growth" in new tech like electric vehicles. This good news came out on May 4.
Lenskart's revenue jumped 46% in Q4, but their profit actually dropped a bit. The company said, "continued demand momentum and expansion across channels" helped their sales grow a lot. Even though profits were down, their business operations looked strong, with better margins. Their stock ended the day a little lower after the news.