VB Desk

Tuesday, 19 May 2026

Vineet Sood

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19th May 2026, Tuesday

Headlines

  • Infosys raises FY27 guidance on strong deal wins
  • GST collections at Rs 2.1 lakh crore in April - record high
  • US Fed signals no rate cut before September

MARKET COMMENTARY

IT sector leading gains after Infosys guidance upgrade. The broader market remains in a sweet spot - domestic macro remains robust while global macro is showing signs of stabilisation.

Rupee strengthened to 83.4 against the dollar on strong FII inflows. This is constructive for importing sectors but headwind for IT exporters.

WHAT WE ARE WATCHING

The Q4 results season is winding down. Key themes emerging: NBFC asset quality is improving, auto volumes are strong, and discretionary consumption is recovering after two sluggish quarters.

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