India’s stock market closed lower on Tuesday, May 27, as investors chose to book profits following two days of gains. The trading session was marked by high volatility, with the Nifty 50 index swinging nearly 350 points before closing in the red due to global market weakness and valuation concerns.
Market Highlights
- Nifty 50 fell 174.95 points or 0.70% to finish at 24,826.20
- BSE Sensex dropped 624.82 points or 0.76%, closing at 81,551.63
- Intraday low for Nifty: 24,704
- Opening level: 24,956.65
Top 5 Gainers Today
✅ IndusInd Bank: Led the gainers, rising 2.60% to close at ₹821.05
✅ Sun Pharma: Gained 0.47%, ending at ₹1,683.70
✅ Nestlé India: Up 0.36% to ₹2,462.20
✅ Adani Ports: Rose 0.34%, closing at ₹1,404.45
✅ Asian Paints: Slight increase of 0.06% to ₹2,328.85
Top 5 Losers Today
❌ UltraTech Cement: Biggest loser, falling 2.29% to ₹11,421.05
❌ ITC: Dropped 2.01%, ending at ₹433.90
❌ Tata Motors: Down 1.73% to ₹716.45
❌ Axis Bank: Declined 1.59% to ₹1,195.90
❌ NTPC: Fell 1.40%, closing at ₹338.60
Expert Comment
“Markets faced a volatile trading session and corrected after two days of gains. The lack of strong positive triggers and weak cues from Asian markets led to broad-based profit booking,” said Vinod Nair, Head of Research at Geojit Financial Services.
“The Nifty 50 once again failed to break the crucial 25,000 resistance level, showing investor caution amid high valuations.”
Conclusion
Today’s trading shows that Indian stock markets remain sensitive to global developments and valuation pressures. Investors should watch for upcoming economic indicators and global trends to gauge the market direction.
