Stocks to Watch Today: Trump Tariff Block Sparks Global Rally; Nifty Set for Higher Open, Earnings in Focus

🔑 Key Highlights (May 29, 2025)

🌐 Global Boost:
A U.S. federal court blocks Trump’s "Liberation Day" tariffs—sparking risk-on sentiment across global markets.
→ Wall Street futures and Asian markets rise
→ Gift Nifty signals gap-up open for Indian equities

💸 Fed Watch:
FOMC minutes reveal inflation concerns from tariff overhang
→ Market cautious on immediate rate cuts
→ Volatility expected due to monthly F&O expiry

📈 Commodity Action:
Gold rises to ₹95,278/10g (+0.14%) amid:
→ Safe-haven buying
→ Fed policy uncertainty
→ Surge in Swiss gold imports from US (highest since 2012)

💰 Bond Market Pulse:
US Treasury yields and dollar climb post-court verdict
→ Fed minutes warn of inflation persistence
→ IGB yields lower on rate cut optimism

📊 Top Q4 Earnings Highlights

🏥 Dr Agarwal Healthcare (In-line; PAT Miss)

Revenue +32% YoY | EBITDA +24%

PAT -7% due to high interest/minority stake

FY25: 59 new facilities added, surgeries up 28%

IPO proceeds to ease debt pressure

⚙️ Cummins India (Weak)

Revenue +6%, EBITDA -5%, PAT -77% YoY

Domestic growth sluggish (+1%), exports strong (+39%)

Despite weak quarter, FY25 earnings up 15%

Final dividend: ₹33.5/share (total ₹51.5 for FY25)

⛏️ Sandur Manganese (Strong)

Q4 EBITDA = FY24 full-year EBITDA

FY25: Revenue +150%, EBITDA +145%, PAT +99% YoY

OCF up 5.5x YoY, dividend ₹1.25/share

Iron ore capacity expansion approved

Potential big re-rating ahead as stock trades flat YoY

🧾 Other Noteworthy Updates

IRCTC, Deepak Nitrite, SAIL: Q4 net income beats estimates

Bata, Birlasoft, Natco Pharma: Q4 results miss expectations

Infosys: Launches Agentic AI Foundry

LTIMindtree & Aramco Digital: Launch joint IT services firm in Saudi Arabia

Adani Energy: To consider fundraising on May 31

RITES Ltd.: Partners with Shree Cement for rail infra.