Here's a comprehensive breakdown of the key cues to monitor from May 12 to May 16.
Corporate Developments to Watch
The week kicks off with Mahindra Lifespace Developers set to deliberate on a fundraising initiative via rights issue on May 13. On May 15, Godrej Industries will also discuss its own fundraising plans. These board-level decisions could drive stock-specific movements in the coming days.
Important Company Earnings
Earnings season continues with a lineup of significant announcements:
On May 12, Tata Steel headlines the Nifty earnings, joined by companies like JM Financial, Venky’s (India), Jyothy Labs, SRF, UPL, and PVR Inox among others.
May 13 features Tata Motors, Bharti Airtel, Cipla, and Hero Motocorp, along with a strong roster including Max Financial, Glaxo Pharma, Aditya Birla Cap, GAIL (India), and Siemens.
Eicher Motors takes the spotlight on May 14, with additional results expected from Berger Paints, Tata Power, Muthoot Finance, Piramal Pharma, and more.
On May 15, companies such as IFCI, NOCIL, PB Fintech, and Godrej Industries will report.
The week rounds off on May 16 with Emami, Heritage Foods, BHEL, and SCI scheduled to announce results.
Key Economic Indicators – India
On the macroeconomic front, domestic data releases will play a significant role:
May 13: Consumer Price Index (CPI)
May 14: Wholesale Price Index (WPI)
May 15: Trade data
These releases will offer critical insights into inflationary trends and trade dynamics, potentially guiding RBI policy expectations.
Global Economic Data to Track
Globally, markets will react to several major economic data points:
In the US, CPI data is due on May 13, followed by retail sales, PPI, industrial production, and jobless claims on May 15. The University of Michigan’s consumer sentiment report will be released on May 16.
The UK will release jobless claims and unemployment data on May 13, and GDP and industrial production on May 15.
The Eurozone and Japan will also publish GDP and industrial production data on May 15 and 16 respectively, while Japan’s PPI comes out on May 14.
Major Global Events
Geopolitical and policy-related events are also in focus:
May 13:US President Donald Trump visits Saudi Arabia, Qatar, and the UAE.
May 14: NATO holds an informal meeting of ministers in Turkey.
May 15: The US Supreme Court hears a major challenge to Trump’s executive order on birthright citizenship.
Speeches by key central bank figures are lined up, including Fed Governor Adriana Kugler (May 12), BOE’s Catherine Mann (May 13), Fed’s Christopher Waller and Mary Daly (May 14), Fed Chair Jerome Powell (May 15), and ECB’s Philip Lane (May 16).
