Markets

Global spot gold and silver prices declined slightly as investors awaited US-Iran peace talks and global economic data, impacting Indian market trends.

Stocks such as IOCL, BPCL, HPCL, Titan Company, Kalyan Jewellers, InterGlobe Aviation, Indian Hotels Company, Lemon Tree Hotels are in focus on PM Modi's appeal yesterday.

Top picks include momentum plays in Indian Hotels and Hero MotoCorp, alongside technical breakouts in Akums Drugs and Ganesh Housing, and a tactical short position on SBI Cards May Futures.

PVR Inox, Dixon Technologies, Dr Reddys Laboratories, Tata Steel, Cipla, JSW Steel and NCC, among others will declare earnings from May 11 and 16.

The brokerage also highlighted that although food delivery KPIs show consistent improvement, the gap in performance between Instamart and Blinkit is becoming increasingly apparent.

Swiggy management reiterated its long-term target of 18-20% growth and a medium-term goal of Rs 1 trillion in gross order value with a 3-4% EBITDA margin.

The New India Assurance Company, UPL, Abbott India and Heritage Foods are among the companies that will declare earnings on May 11.

Most brokerages have remained bullish on SBI despite the Q4 blip, with HSBC even hiking the target price for the counter.

The GIFT Nifty, an early indicator of Nifty 50's performance, traded at24,064, compared to Friday's index close of 24,176.15.

Here's a look at stocks that are likely to be in focus during the trading session on Monday.

Check out the top stocks on brokerages' radar heading into trade today.

SBI continues to expect healthy credit growth and has guided for loan growth of 13-15% going forward. Asset quality remained resilient overall, although slippages were slightly higher in Q4, reflecting the seasonality seen in all PSU banks, adds the brokerage.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Brent crude rose as much as 3.5% to $104.80 a barrel, while West Texas Intermediate climbed toward $99.

South Korea's Kospi opened 3.67% higher to a record level, while the smaller Kosdaq index edged up slightly.

Bonus issue is a corporate action where additional shares are given to existing shareholders.

The Bank Nifty sees immediate support placed in the 54,900-54,800 zone.

On the Multi Commodity Exchange (MCX), gold futures gained Rs 1,178, or nearly 1 per cent over the past week, to settle at Rs 1.52 lakh per 10 grams. Silver climbed Rs 10,985, 4.4 per cent, to close at Rs 2.61 lakh per kg.

Listed firms including Manappuram Finance, Godrej Consumer, SBI and IEX will be in focus as investors track upcoming dividend payouts and record dates.

Several listed companies have announced dividend payouts, bonus issues and stock splits that investors can benefit from.