Vedanta, Nuvama, SAIL Surge 19%/15%/9%

AI-driven Bharat Market Outperformers strategy flagged Vedanta, Nuvama, and SAIL on May 1, leading to strong rally despite Nifty down 2.44% in May.
Vedanta posted sharp Q4 FY26 profit jump, announced another dividend, and advanced its demerger process in May, aided by lower royalty rates.
Nuvama Wealth Management saw 15% gain, rising open interest in derivatives, bullish trader positioning, and improved analyst sentiment on earnings and dividends.
SAIL rose 9% on higher domestic steel prices, safeguard duties, earnings optimism, new Chairman & MD appointment, and FY26 production and sales.