Market News
Market Wrap, May 27: Indices slide, NIFTY50 settles below 24,850 level, SENSEX falls 625 points; FMCG, IT stocks drag
3 min read | Updated on May 27, 2025, 16:22 IST
SUMMARY
At close, the S&P BSE SENSEX ended at the 81,551.63 level, tumbling 624.82 points, or 0.76%, while the NSE's NIFTY50 index declined 174.95 points, or 0.7%, to settle at the 24,826.20 level
On Tuesday, 40 stocks declined on the NIFTY50 index, and 10 settled in the green. | Image: Shutterstock
After a highly volatile session, the Indian stock market closed with losses on Tuesday, May 27, following most of its Asian peers. A fall in the IT, FMCG and auto sectors also dragged the main equity indices.
However, the broader market remained resilient and closed with gains on Tuesday.
According to exchange data, on Monday, the foreign institutional investors (FIIs) bought equities worth ₹1,745.72 crore on a net basis, while the domestic institutional investors (DIIs) purchased ₹135.98 crore worth of equities.
Globally, the Asian markets remained mixed on Tuesday after China's industrial profits increased in April despite higher US trade tariffs.
Hong Kong's Hang Seng closed 0.43% higher at 23,381.99 levels, while South Korea's KOSPI settled at 2,637.22 levels, falling 0.27%. The Shanghai Composite ended 0.18% lower at the 3,340.69 level. Japan's Nikkei 225 was seen at the 37,724.11 level, rising 0.51%.
The US markets remained closed on Monday to observe Memorial Day.
As many as 2,955 stocks traded on the NSE on Tuesday. Out of this, 1,462 declined, and 1,412 advanced, while 81 scrips remained unchanged.
This, however, indicates that the market breadth favoured negatives.
A total of 42 stocks hit their 52-week highs, while 13 stocks touched their one-year lows. Besides, 101 stocks hit their upper circuit limits, and 51 touched their lower circuit bands on Tuesday.
NSE-listed firms' market capitalisation stood at ₹441.21 lakh crore at the end of the session.
The volatility index India VIX rose 2.85% to 18.54 levels.
The NIFTY Midcap 100 index gained 0.15%, ending at 57,154.50 levels, while the NIFTY Smallcap 100 gauge rose 0.10% to close at 17,725.15 levels.
UltraTech Cement led the loser’s pack, declining 2.28%. JSW Steel (-2.02%), ITC (-1.85%), Tata Motors (-1.65%) and Grasim Industries (-1.63%) were the other top laggards.
On the other side, Jio Financial Services (3.87%), IndusInd Bank (2.61%), Trent (0.80%), Adani Ports (0.33%) and Sun Pharma (0.32%) were the top gainers on the 50-share index.
Nifty FMCG was the biggest loser, falling 0.88%, followed by Nifty IT (-0.75%), Nifty Auto (-0.70%), Nifty Oil and Gas (-0.58%) and Nifty Private Bank (-0.46%).
Meanwhile, Nifty PSU Bank (0.26%), Nifty Realty (0.24%) and Nifty Pharma (0.11%) were the only gainers among sectors.
About The Author
