DSIJ Mindshare

At the time of writing, SGX Nifty is trading at 11,852 level, down by 25 points. Adani Port, BHEL, Colgate Palmolive, GAIL, INDIGO, KSCL, OIL and ZEEL are some of the key results to remain in focus today.

The stocks that are likely to witness significant movement on the bourses on May 27 are JSW Steel, Omaxe, Salzer Electronics, Page Industries and Gruh Finance.

Salzer Electronics Limited has entered into a share purchase agreement for acquisition of shares representing 72.32 per cent stake in Kaycee Industries Limited from its principal promoter Universal Trust Private Limited.

The market experienced volatility during the early hours of trade on Friday, during the morning half market saw choppy trading, but as the day progressed the market breath was in favour of advances. ICICI Bank contributed most to the index gains, followed by L&T, HDFC Bank and SBI.

The backdrop of rising US oil inventories and concern over economic slowdown weighed on the oil prices resulting in Brent Crude oil losing most in calendar year 2019. On Thursday, Brent Crude fell nearly 5 per cent and ended at US$ 67.76 per barrel.