Sensex, Nifty Slump on US Strikes in Iran
Indian equities fell on May 26 after reports of fresh US defensive strikes in southern Iran. The Nifty closed at 23,913.7 (-118 points, -0.49%) and the Sensex at 76,009.7 (-479.26 points, -0.63%). Analysts cited 24,000 resistance and 23,850 support. Trent, TCS, Bajaj Finance and Bharti Airtel led declines; Adani Ports and Tech Mahindra rose.
MAY 19·Stock Titan▲
US private employers added 42,250 jobs a week to May 2, ADP says
ADP reported that U.S. private employers added an average of 42,250 jobs per week for the four weeks ending May 2, 2026, based on a seasonally adjusted four-week moving average. This marks the second consecutive week of strengthened hiring, though the figures are preliminary and subject to revision. The next NER Pulse release is scheduled for May 27, 2026, and will continue to provide real-time employment trend estimates with a two-week lag.
MAY 18·AD HOC NEWS▲
Automatic Data Processing stock (US0530151036): Wells Fargo upgrade and solid earnings keep ADP in focus
Automatic Data Processing (ADP) has received renewed attention following a Wells Fargo upgrade and strong quarterly earnings. The article examines ADP's core business model, key revenue drivers, recent share performance, and competitive landscape. It highlights ADP's position as a leading provider of human capital management and payroll services, emphasizing its recurring revenue streams and scale.