Sensex Nifty Live Updates May 28: Markets End Lower Amid Global Weakness, Nifty Closes at 24,752

Indian markets ended lower on May 28, weighed down by weak global sentiment and selling pressure in key stocks. The Nifty 50 slipped 0.30% to close at 24,752, while the Sensex declined 0.29% to settle at 81,312. Global cues remained subdued, with Asian markets closing mixed, European indices trading lower, and U.S. futures indicating a potential cautious start.

Stock Market Highlights, May 28:

• Indices Close Lower: Indian benchmarks ended in the red, with the Nifty 50 falling 0.30% to 24,752 and the Sensex slipping 0.29% to 81,312 amid weak global sentiment and profit booking in key stocks.
• Top Movers: HDFC Life (+1.76%), Bharat Electronics (+1.31%), and Bajaj Finance (+1.05%) led the gainers, while ITC (-3.16%), IndusInd Bank (-1.89%), and Nestle (-1.70%) were among the top losers, dragging the indices down.
• Global Mood Subdued: Asian markets closed mixed, while European indices traded lower in mid-session. U.S. futures were also in the red, pointing to a possible cautious start on Wall Street.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers:

Top Losers:

Indian Market Closing Cues:

Asian Markets: 

European Market Mid-Session Update:

U.S. Markets Live Today

*As of 15:29 IST

Stock in News Today:

Here are the top stocks to watch today following their latest earnings and key business updates.

LIC

Life Insurance Corporation (LIC) reported a 38% year-on-year growth in consolidated net profit for the fourth quarter of FY25, reaching ₹19,039 crore, up from ₹13,782 crore during the corresponding period of the previous fiscal.

ITC

British American Tobacco (BAT) is set to divest up to a 2.3% stake in ITC, with the transaction valued at approximately ₹11,613 crore. The base offer price has been fixed at ₹400 per share, which reflects an 8% markdown from the prevailing market rate.

Info Edge

Info Edge, which operates platforms like Naukri.com and Jeevansathi, announced a consolidated net profit of ₹463 crore for the January–March quarter, a remarkable 667% surge from ₹60 crore a year ago. The increase was largely attributed to an exceptional gain during the quarter.

NMDC

Public sector mining giant NMDC Ltd posted a solid performance in Q4 FY25, with revenue rising 8% and net profit increasing by 4.8% year-on-year. However, EBITDA margins came under pressure due to elevated operational costs.

Tata Steel

Tata Steel has filed a fresh writ petition with the Delhi High Court seeking compensation of ₹757.14 crore along with applicable interest. The petition pertains to the cancellation of a coal block and delayed payments the company claims are still pending.

Stock Market Outlook for May 28:

• Flat-to-Positive Start Likely: The Nifty opened marginally higher at 24,832, tracking firm U.S. markets where the Nasdaq surged 2.47% and the Dow gained 1.78%. However, a slight dip in Gift Nifty (-0.22%) signals a potential cautious sentiment at higher levels.
• Options Data Suggests Limited Upside: With Nifty and Bank Nifty Max Pain levels at 24,800 and 55,300 respectively, and low PCRs (Nifty: 0.73, Bank Nifty: 0.84), the derivatives setup potentially indicates limited upside and potential for range-bound trade.
• Mixed Global and Sectoral Signals: Asian markets are trading mixed, crude prices are steady, and U.S. bond yields remain elevated. Strong FII inflows (+₹10,104.7 crore) may support sentiment, but broader cues suggest a stock-specific day ahead.
   

Indian Stock Market Recap: May 27

Indian markets slipped on Tuesday, reversing Monday’s gains amid profit booking and mixed global cues. The Nifty 50 fell 0.70% to 24,826, while the Sensex declined 0.76% to 81,551. Jio Financial (+3.76%) and IndusInd Bank (+2.61%) were among the top gainers, whereas UltraTech Cement (-2.9%) and ITC (-2.03%) dragged the indices lower. Globally, Asian markets were mixed, European indices traded firm, and U.S. futures pointed to a strong open.

Indian Market Cues:

Global Market Cues (US Indices):

Asian Markets: 

Crude Oil Prices:

Bond Yields:

FII/DII Activity:

Foreign Institutional Investors (FIIs) Net Buy/Sell : 10,104.7
Domestic Institutional Investors (DIIs) Net Buy/Sell : 348.4

*As of 09:41 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.