Goodreturns

• Reliance Industries is holding its 2026 Annual General Meeting (AGM), with a primary focus on the much-anticipated IPO filing for Jio with SEBI. • The company aims to disrupt AI economics through "Reliance Intelligence," while also providing updates on its new energy projects and future strategic roadmap. • Key leadership roles will be highlighted, with Akash Ambani discussing Jio, Isha Ambani covering Reliance Retail Ventures, and Anant Ambani detailing the energy business.

• Major Asian stock markets experienced a severe crash, with South Korea's KOSPI index suffering the most significant decline. • Trading on the KOSPI was officially halted after a 9% drop triggered a circuit breaker, while Japan's Nikkei 225 fell by 4%. • Other regional indices, including Hong Kong's Hang Seng, China's Shanghai Composite, Taiwan's TAIEX, and Australia's ASX/200, also saw steep plunges.

• The Sensex and Nifty are expected to experience volatility on May 27, 2026, driven by escalating tensions between the US and Iran. • Nifty has slipped below its 50-day EMA but continues to test the upper band of the 23,200-23,850 breakout zone. • Market activity shows selling pressure in Private Bank, Realty, and Consumer Durable indices, while Metal, FMCG, and Auto stocks saw selective buying.