News

#CNBCTV18Market | #Defence stocks fail to hold onto gains, snap gaining streak. Nifty Ind Defence index more than 4% off highs

For all live update on defence stocks moves, track this link????

https://t.co/zO7FXlIk71 pic.twitter.com/zm0aLL6xiY

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

The shares of Graphite India surged by over 12% on Monday after reports from Nikkei Asia that a Japanese company called Resonac halted production of graphite electrodes in China and Malaysia. The move has been announced to improve the margins of the company that were hit by an influx of low-priced Chinese products, according to the report.

The shares of Divi’s Lab surged by over 4% on Monday after the company announced its Q4 results.

Shares of Divis Laboratories Ltd., the drug manufacturer, were trading with gains of as much as 4% on Monday, May 19, after the company reported its March quarter results. The stock had gained 6% last week.

The shares of two-wheeler makers are on the rise in the trading session on Monday.#CNBCTV18Market | 2-wheeler auto stocks trading higher, Bajaj Auto top Nifty gainer pic.twitter.com/bBAE8lA8zq

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

Shares of Protean eGov Technologies Ltd. fell to a 20% lower circuit on Monday, May 19, after it informed the exchanges over the weekend that it had not been considered for the next round of the RFP selection process for the PAN 2.0 project by the Income Tax Department.

The shares of Precision Wires rose after the company approved allotment of shares (13.83 lakh) & warrants (27.67 lakh) via a preferential basis to non-promoters

Rohit Kothari’s Saraswati Commercials are to be allotted 10 lakh equity shares & 20 lakh convertible warrants at ₹151 each.

The company shares rose by over 7%, jumping to ₹177.27.

The shares of CreditAccess Grameen are under pressure on Monday. The company shares declined by over 5% after its Q4 results.

In these results, the company reported a major fall in its profit numbers.

The current share price stands at ₹1,138.50 per share.

As the new trading week started on May 19, the Indian IT stocks are under pressure.#CNBCTV18Market | Market opens flat, Nifty above 25,000 pic.twitter.com/EijfPbcvAn

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

Dipan Mehta of Elixir Equities is bullish on Zen Technologies, citing strong growth prospects and a 50% turnover target that could justify its high valuations. However, he prefers buying on dips due to earnings volatility and rich PE.

He shares a similar view on Data Patterns—positive long-term outlook, but expensive valuations warrant a wait-and-watch approach.

 #CNBCTV18Market | Market opens flat, Nifty above 25,000 pic.twitter.com/EijfPbcvAn

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

Here are a couple of stock recommendations by Shilpa Rout, Senior Analyst–Derivative at Prabhudas Lilladher Private Limited:

Buy Titagarh Rail Systems for a target price of ₹960-980 with a stop loss of ₹880

Buy HUDCO for a target price of ₹260 with a stop loss of ₹220

Buy Tube Investments for a target price of ₹3,300 with a stop loss of ₹3,000

Here are a couple of stock recommendations by Sudarshan Sukhani of Technical Trends:

Buy ACC with a stop loss of ₹1,880

Buy Bata India with a stop loss of ₹1,220

Buy Colgate-Palmolive with a stop loss of ₹2,630

Buy HUDCO with a stop loss of ₹229

 #RupeeCheck | Rupee opens at 85.44/$ vs Friday’s close of 85.51/$ pic.twitter.com/knCRVqxmiP

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

Reliance Power will collaborate with Druk Holding and Investments, an arm of the Royal Government of Bhutan, to co-develop the country’s largest solar power project through a 50:50 joint venture, with a planned investment of ₹2,000 crore.

Here Are The Stocks To Watch Out For 

Shares of state-run Hindustan Aeronautics, which rose 15% last week, are expected to cross the ₹6,000 mark, according to six analysts tracking the stock, following the company’s March quarter results.

HAL’s net profit declined by 8% from last year to ₹3,958 crore, but was higher than the estimates of ₹2,592 crore. Revenue also declined by 7% to ₹1,3700 crore. EBITDA fell by 10% from the year-ago period to ₹5,292 crore, while margins narrowed by 140 basis points to 38.6%.

CLSA sees a 38% upside in NCC shares and recommends buying on dips.

NCC’s current market capitalisation is around ₹14,233.28 crore, and the stock is down 21% over the past year.

Here is where the markets are headed today.#CNBCTV18Market | Here’s how the global market cues are placed this morning???? pic.twitter.com/4WKf927lrM

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

Nomura has initiated a buy rating on Hyundai with a target price of ₹2,291, citing improved visibility on medium-term growth. The brokerage highlights a strong new model pipeline starting H2FY26 and a growing focus on exports.#CNBCTV18Market | #MorganStanley‘s overweight call on #DivisLabs: Target price at ₹7,185/sh, Q4FY25 revenue & PAT in-line with estimates. Stable raw material prices & product mix drove expansion pic.twitter.com/zmdN7hP2dz

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

Inox Green Energy Services signs operations and maintenance (O&M) contracts for 285 MWp solar projects.

The stock’s current market capitalisation is around ₹5,442.86 crore, and it has gained 7% over the past year.

Premier Energies‘ Q4 results reflect robust earnings, driven by ambitious expansion initiatives and a newly formed joint venture.

Read Full Article

China Data Watch

China April Industrial Output Rises 6.1% YoY Vs Est Of 5.7% Rise

China April Retail Sales Rise 5.1% YoY Vs Est Of 5.8% Rise

Oil steadied after an early drop, with talks to end the war in Ukraine and a lowering of the US credit rating in focus.

Brent fell as much as 1.1% to below $65 a barrel before recovering, while West Texas Intermediate traded near $62. US President Donald Trump and Vladimir Putin will speak by phone later on Monday, although the Russian leader may believe he has the upper hand in the fighting and therefore be unlikely to make concessions.

Four defence companies, Hindustan Aeronautics Ltd. (HAL),Data Patterns Ltd., Zen Technologies Ltd. and Bharat Electronics Ltd. (BEL) will be in focus on Monday, May 19, due to various factors.

India’s defence stocks had a stellar run last week, with stocks like Cochin Shipyard and Mazagon Dock surging up to 40%. Names like HAL and Data Patterns also saw their respective stocks rise between 18% and 20% during the week.

Monday: Cautious Optimism

Asian markets trade with caution; China industrial production data to be in focus

US futures down 0.7-1% as Moody’s downgrades US debt rating to Aa1 from Aaa

The University of Michigan consumer sentiment index survey : 50.8 in May vs 52.2 in April – DROP IF PRASHANT HAS MENTIONED

US market last week

S&P 500                5.3%

Dow                        3.4%

Nasdaq                  7.2%

Trump on Wallmart

“Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. “I’ll be watching, and so will your customers!!!”

India-US trade deal in focus- Commerce Minister Piyush Goel in the US

Commerce Minister To Meet US Commerce Secretary Howard Lutnick & USTR Jamieson Greer

Discussion Between Negotiating Teams From May 19-22

Nifty sees consolidation on Friday while midcap catch up continues

Nifty 4.5% away from all time high; Flows robust

DII Net Buy 5,187.09  Cr in Cash

FII Net Buy 8,831.05 Cr in Cash

Stocks in Focus

Bharti Airtel: Seeks Waiver Of AGR Dues; Says Relief Should Be Granted In Non-Discriminatory Manner To All License Holders

Vodafone Idea: SC Likely To Hear Voda Idea’s Plea Seeking Waiver Of AGR Dues today

Divi’s Labs: Strong show – Revenue (GU)12.20 % Margin At 34.27% Vs 31.74% (YoY)

Zen Tech : Net Profit At `101 Cr Vs `34.9 Cr; Revenue At `325 Cr Vs `141.4 Cr (YoY)

TRADE SET UP

Markets continue to rally, which started on 9th April with a 90-day pause for Trump’s reciprocal tariffs

Last weekend, markets got another 90-day pause – this time between US & China

Last week: Nifty +4%, Bank Nifty +3%, Midcap +7%, Smallcap +9%

Most markets around the world price in little to no damage from Trump’s tariff policies

The above assumption will likely be wrong, but it is probably too early to fight the trend

The question to ask is this: Has the good news on tariffs peaked?

The US effective tariff rate for China began in 2025 at 11%, and has now settled at 39%

Are US Treasuries vulnerable again?

Moody’s downgraded the US sovereign rating from AAA to AA; in-line with other ratings agencies

The House Budget Committee rejected the Reconciliation Bill Committee for a Responsible Federal Budget: Current bill would add $3.3 trillion to the debt by FY’2034

Nifty consolidated in a narrow range on Friday

Nifty support at 24,738 (40-HEMA)

Bank Nifty support at 54,442 (Friday’s low)

GIFT Nifty higher, trading at a premium of nearly 50 points from Nifty Futures Friday close, indicates a start in green for the Indian market.#CNBCTV18Market | #GIFTNifty higher, trading at a premium of nearly 50 points from Nifty Futures Friday close, indicates a start in green for the Indian market pic.twitter.com/jne4oU3L9b

— CNBC-TV18 (@CNBCTV18Live) May 19, 2025

Welcome to CNBC-TV18’s Market Blog

Good morning, readers! Welcome to CNBC-TV18’s market blog, where we provide rolling live news coverage of the markets, lineup of TV guests, in-house editors, researchers and reporters.

Have a great day ahead. Good luck!NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.