The Indian stock market closed the week on a cautious note as benchmark indices dipped marginally amidst global tariff tensions and mixed sectoral performance. Despite early stability, pressure from IT and auto stocks kept the broader market under check.
What Were the Key Movements in Benchmark Indices?
The Nifty 50 ended the session at 24,750.70, down 82.90 points or 0.33%, while the Sensex settled at 81,451.01, a fall of 182.02 points or 0.22%. The India VIX, a key measure of market volatility, declined by 2.13%, suggesting reduced investor anxiety. Markets opened flat and remained range-bound before witnessing a mild sell-off in the latter half of the session.
Which Sectors Led and Which Lagged Today?
The performance across sectors was uneven:
- Top Gainer: Nifty PSU Bank surged by 3%, driven by optimism in state-run lenders like SBI, IOB, and Canara Bank.
- Top Loser: Nifty Auto index declined 1.08% due to weakness in Bajaj Auto and Tata Motors.
- Nifty IT also faced selling pressure, largely in response to global tariff-related uncertainty.
Who Were the Top Gainers and Losers in Nifty 50?
Gainers:
- ETERNAL (+4.35%) – Strong buying interest pushed prices higher.
- SBI (+1.87%) – Continued optimism in PSU banking space.
- HDFC Bank (+0.90%) – Moderate gains on stable financial outlook.
Losers:
- Bajaj Auto (-3.01%) – Market reacted to muted delivery outlook.
- Hindalco (-2.54%) – Weakness in global metal prices weighed down stock.
- Shriram Finance (-1.98%) – Profit booking post strong run.
- HCL Tech (-1.69%) – IT sector under pressure from global cues.
- Nestle India (-1.69%) – Defensive stocks saw some rotation.
What Was the Institutional Investment Activity Like?
- FIIs were net buyers with inflows worth ₹884.03 crore.
- DIIs continued to support markets with purchases of ₹4,286.50 crore.
The continued buying trend from domestic institutions offered some cushion to an otherwise choppy market session.
How Did the Broader Market Breadth Shape Up?
Out of all stocks traded on NSE:
- 1,751 stocks advanced,
- 2,087 stocks declined, and
- 114 stocks remained unchanged.
This resulted in a negative market breadth. Notable volume movers included:
- Reliance Infrastructure – Gained 11% amid strong buying interest.
- Prakash Pipes – Declined over 9% after its dividend announcement failed to cheer investors.
What Were the Top Gainers and Losers in Nifty 500?
Gainers:
| Stock | LTP (₹) | % Change | Reason |
|---|---|---|---|
| Reliance Power | 58.10 | +11.26% | Strong rally near 52W high |
| Suzlon Energy | 71.48 | +9.26% | Momentum buying continues |
| RR Kabel | 1,425.70 | +8.83% | Positive technical breakout |
| Wockhardt | 1,465.30 | +8.80% | Pharma sector strength |
| CCL Products India | 884.15 | +8.52% | Volume-led buying interest |
Losers:
| Stock | LTP (₹) | % Change | Reason |
|---|---|---|---|
| Welspun Living | 132.66 | -9.64% | Broad-based sell-off |
| Mazagon Dock Shipbuilders | 3,478.20 | -7.28% | Profit booking post rally |
| Chennai Petroleum Corporation | 676.20 | -6.30% | Crude price fluctuation impact |
| IFCI | 67.42 | -6.05% | Weak investor sentiment |
| Chambal Fertilisers & Chemicals | 551.00 | -5.96% | Sector-wide correction |
What Global Cues Shaped Today’s Market Mood?
- US Markets: Dow Jones and Nasdaq ended in green, offering some early cues.
- Asia: Markets like Hang Seng and Shanghai Composite ended lower due to global trade uncertainty.
- Brent Crude: Held steady at $63.73 per barrel, slightly up by 0.60%.
Tariff fears and foreign market movements influenced sentiment, particularly in export-facing sectors.
What Were the Key News Events Today?
- Global Tariffs: Renewed fears on US tariff policy weighed on IT and auto.
- IPO Monitor: Leela Hotels’ IPO saw good institutional response.
- Pharma Boost: AstraZeneca received CDSCO approval for Benralizumab, lifting its shares.
What’s the Technical Outlook for the Next Session?
The Nifty 50 is currently testing the lower support of 24,700, with 25,000 acting as a near-term resistance. A breach of either level could trigger fresh directional moves. Traders are expected to stay cautious ahead of next week’s GDP data and global central bank cues.
Final Word
May 30, 2025, marked a cautious close for Indian equities, despite supportive institutional flows. Sectoral rotation was evident, and traders are likely to stay data-dependent heading into the next week.
Sources:
Disclaimer: This blog is purely for informational purposes. It does not constitute financial advice or a recommendation to buy or sell any securities.
