Headlines At 1 PM | May 20, 2026 | Cautious Trade On D-Street | IRDAI's Big Reforms Push | N18S

Ajouté : 2026-05-21

[00:00:01]Stocks recover after a weak start even as uncertainties around the Gulf conflict continue to linger. Auto and energy eek out some gains while FMCG and consumer durables are the big drags.

[00:00:13]Hindalco's US arm Novelis puts up a better than expected show. Following two fires at its units in Oswego, the company guides for positive free cash flows by the end of FY27 after a big cash hit due to these fires, the stock perks up.

[00:00:30]In a CNBC-TV18 exclusive, the IRDAI chairman Ajay Seth says that the insurance regulator will unveil the distribution reform paper in three to four weeks and the public insurance registry paper by mid-June. The chairman also flags distribution-led pricing concerns and calls Bima Sugam transformative for consumers.

[00:00:54]The rupee pulls back after slipping to nearly 97 compared to the dollar. The economists back a gradual depreciation of the currency and a continued rise in a fuel prices to address the balance of payments issue.