Sensex surged 455 points, with nine BSE Financial Services stocks hitting 52-week highs. Strong monthly gains signal bullish momentum, making these stocks attractive to traders and investors seeking further upside.

Kolte-Patil Developers reported a strong FY25 with a Rs 106.6 crore net profit, record income of Rs 1,763.7 crore, and robust sales. Strategic launches and project acquisitions drove growth, supported by improved realizations and customer engagement.

Nazara Technologies posted 90% YoY profit growth in Q4FY25 at ₹16 crore, with revenue surging 95%. FY25 EBITDA hit a record ₹153.5 crore, driven by strong gaming momentum, strategic acquisitions, and steady margins despite high user acquisition costs.

The RBI s draft allows pooling and securitising stressed retail and corporate loans, barring categories like farm loans, education loans, fraud, and wilful defaults. Investors must not be related to borrowers or disqualified under IBC norms.

The Indian retail credit industry remains far from saturation due to several factors. The country continues to add many working-age citizens, particularly millennials and Gen Z, who have better incomes and changing spending habits. Increased global integration and upward social mobility have significantly influenced consumer behaviour, creating new demand for credit, says Indian Bank managing director Binod Kumar.

The Nifty s recent surge above its 200-Day Moving Average signals a bullish trend among blue-chip stocks, though optimism isn t universal. Axis Securities reports 226 of the top 500 stocks are trading above this key indicator, up from 95 in March.

Titan Co is in advanced discussions to acquire a 72% stake in Damas International, a prominent Gulf jewellery retailer, for approximately Rs 2,500 crore. The Tata group company has commenced due diligence, with the remaining stake held by Mannai Corp. The deal, expected to be finalized in the second quarter of FY26, aims to replicate Titan s successful CaratLane acquisition model.

The Reserve Bank of India is contemplating expanding its role as lender of last resort to include NBFCs, mutual funds, and microfinance institutions during extreme liquidity crunches. This consideration stems from increased interconnectedness within the financial system and the potential for contagion.

JSW Paints is poised to acquire Akzo Nobel India, valuing Akzo Nobel NV’s stake at approximately Rs 9,000 crore. This acquisition will position JSW Paints as a significant player in both the decorative and industrial paints sectors in India. The deal, expected to finalize by mid-June, involves an open offer for an additional 26% of the company s shares.

The IPO market is set to revive. Next week, Schloss Bangalore and Aegis Vopak Terminals, along with Prostar Info Systems and Scoda Tubes, will launch their IPOs. These companies plan to raise over Rs 6,600 crore. This follows a slowdown in IPOs this year, after a strong performance in 2024. Many companies are awaiting regulatory approval to launch their IPOs.