May 30, 2025
New Delhi, India
Markets Today
Indian equity benchmarks ended in the red on Friday, May 30, as caution ahead of the domestic Q1 GDP data release and weakness in global cues weighed on investor sentiment. The BSE Sensex fell 182.01 points or 0.22% to settle at 81,451.01, while the NSE Nifty slipped 82.90 points or 0.33% to close at 24,750.70.
Markets traded in a narrow range for most of the session. Broader indices, which had shown strength earlier this week, also succumbed to profit-booking, with the Smallcap index snapping a five-day winning streak.
Tech, Auto Stocks Pull Indices Down
Losses were largely driven by weakness in IT, auto, and metal stocks. Among the major laggards on the Sensex were:
Tech Mahindra
HCL Technologies
Infosys
Tata Consultancy Services (TCS)
Mahindra & Mahindra
IndusInd Bank
NTPC
Asian Paints
Gainers: PSU Banks and Heavyweights Support
On the other hand, PSU banks outperformed, buoyed by robust Q4 earnings. The PSU Bank Index jumped nearly 3%, with stocks like State Bank of India (SBI) and Bank of Baroda drawing strong investor interest. Other notable gainers included:
Larsen & Toubro (L&T)
Reliance Industries
HDFC Bank
Bajaj Finserv
Sun Pharma
Nestle India
Adani Ports
Maruti Suzuki
Global Factors and Oil Prices
Weakness in Asian markets and uncertainty over global trade policies—following a US appeals court ruling on reciprocal tariffs—also influenced sentiment. Meanwhile, Brent crude oil prices edged higher by 0.44% to $64.43 per barrel, offering mixed cues for energy-sensitive sectors.
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