2026-05-29 09:44:19 am | Source: Prabhudas Lilladher Pvt Ltd
Commentary on Markets 29th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
Below the Commentary on Markets 29th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
Crazy things happening in US markets
Dell up 80% in 20 days
President Trump is undefeated in the stock market.
On May 8th, President Trump told everyone to "go out and buy a Dell."
19 days later, on May 27th, Dell was awarded a $9.7B contract with the US Pentagon.
Today, Dell, $DELL, reported stronger than expected earnings and the stock surged +30%.
Dell's stock is now up +80% since May 8th, adding +$120 BILLION in market cap.
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