Stock market close highlights: Sensex sheds 239 pts, Nifty at 24,752; FMCG drags; PSBs outperform

Stock market highlights on Wednesday, May 28, 2025: the Nifty Midcap100 ended lower by marginally 0.02 per cent, while the Nifty Smallcap100, on the other hand, ended with a gain of 0.33 per cent

3:55 PM

Stock Market LIVE Updates: Key levels to watch on Nifty for Thursday's trade

Stock Market LIVE Updates: The Nifty spent another day in consolidation, with the index remaining largely range-bound ahead of the monthly expiry. On the hourly chart, the index has slipped below the critical 21-EMA and 50-EMA, indicating a weakening trend in the near term.

Immediate support is seen at 24,700; a sustained move below this level could trigger further selling pressure. Significant put writing at 24,700 reinforces the technical setup. On the higher end, notable call writing is observed at 24,800. A decisive move above 24,800 could force call writers to cover their positions at the 24,800 CE, potentially triggering a sharp rally in the market.

- Rupak De, Senior Technical Analyst at LKP Securities

3:53 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Domestic indices remained rangebound with a negative bias, primarily due to the lack of support from FIIs and prevailing premium valuations. A lingering concern over India-US trade relations following the end of the 90-day pause period continues to pose an external risk.

On the domestic front, key economic indicators such as an improved monsoon forecast, a benign inflation outlook, and expectations of a stronger Q4GDP may help cushion downside risks. However, earnings visibility needs to improve in tandem with the macros, which is vital for stability in the direction."

- Vinod Nair, Head of Research, Geojit Investments

3:52 PM

Stock Market LIVE Updates: Market breadth was marginally positive on the BSE

Stock Market LIVE Updates: A total of 97 stocks hit a fresh 52-week high on the BSE, while 32 dropped to 52-week lows. 268 stocks hit the upper circuit limit on Wednesday.

 

3:49 PM

Stock Market LIVE Updates: NSE FMCG index slips 1.5%

Stock Market LIVE Updates: ITC, Nestle, Tata Consumer Products were the major losers in the Nifty FMCG index.

 

3:47 PM

Stock Market LIVE Updates: BSE Smallcap heatmap - 10 stocks zoom over 10%

3:45 PM

Stock Market LIVE Updates: BSE Midcap heatmap - Glaxo zooms 7%; 3M India, Escorts slip over 4%

 

3:43 PM

Stock Market LIVE Updates: Broader indices finish mixed; Midcaps down, Smallcap up

Stock Market LIVE Updates: Midcap indices on the NSE declined in line with the benchmark NSE Nifty 50. Smallcap index, however, managed to close higher.

 

3:40 PM

Stock Market LIVE Updates: Sensex heatmap: ITC drops 3%; 19 out of 20 shares end lower

Stock Market LIVE Updates: Apart from ITC, IndusInd Bank, UltraTech Cement, Nestle, Mahindra & Mahindra and Power Grid were the significant losers among the Sensex shares.

 

3:37 PM

Stock Market LIVE Updates: Nifty settles 74 pts lower at 24,752

Stock Market LIVE Updates: The NSE benchmark index, the Nifty 50, settled with a loss of 74 points or 0.3 per cent at 23,752 today.

 

3:33 PM

Stock Market LIVE Updates: Sensex ends with a loss of 239 pts at 81,312

Stock Market LIVE Updates: The BSE benchmark index, the Sensex, ended with at 81,312 - down 239 points or 0.3 per cent on Wednesday amid weakness in FMCG stocks.

3:21 PM

Stock Market LIVE Updates: Fall in ITC shares drag Nifty FMCG index 2%; Nestle, Emami down 2% each

Stock Market LIVE Updates: The Nifty FMCG index, a stock market index that tracks the performance of the Indian Fast-Moving Consumer Goods (FMCG) sector, came under pressure on Wednesday, May 28, 2025, slipping as much as 1.56 per cent to hit an intraday low of 55,663.40 levels. READ MORE

3:11 PM

Stock Market LIVE Updates: BAT pares stake in ITC to 22.9%, relinquishes veto power in key move

Stock Market LIVE Updates: British American Tobacco plc (BAT) has sold a 2.5 per cent holding in ITC, ceding veto power in the cigarettes-to-soap conglomerate.

In an intimation to the London Stock Exchange (LSE) on Wednesday, the maker of Dunhill and Lucky Strike stated that it had completed the block trade of 313,000,000 ordinary shares in ITC Limited to institutional investors via an accelerated bookbuild process. The shares represent 2.5 per cent of ITC, and net proceeds from the sale amounted to Rs 12,900 crore. READ MORE

3:01 PM

Stock Market LIVE Updates: Markets at 3 PM

Stock Market LIVE Updates: The BSE Sensex was at 81,396.67, down by 154.96 points or 0.19 per cent, while the NSE Nifty, on the other hand, was at 24,775.10, down 51.10 points or 0.25 per cent.

 

2:54 PM

Stock Market LIVE Updates: These 13 stocks from BSE Smallcap index zoom over 100% from 3-month lows

Stock Market LIVE Updates: Shares of smallcap companies were in focus, with the BSE Smallcap index outperforming the market by gaining nearly 1 per cent after a sharp rally in private defence, capital goods and public sector undertakings (PSUs). READ MORE

2:45 PM

Stock Market LIVE Updates: Nifty FMCG index slips over 1%

Stock Market LIVE Updates:  Nifty FMCG was the top laggard among the sectoral indices on NSE, falling by over 1 per cent on Thursday.

2:41 PM

Stock Market LIVE Updates: ACME Solar up 4% on commissioning first phase of 26.4 MW wind power project

Stock Market LIVE Updates: ACME Solar Holdings (ACME Solar) shares were buzzing in trade on Wednesday, May 28, 2025, with the scrip rising up to 3.67 per cent to hit an intraday high of ₹255.30 per share. ACME Solar shares advanced after the company announced it has commissioned the initial 26.4 MW phase of its first wind power project in Shapar, Gujarat. READ MORE

 

2:34 PM

Stock Market LIVE Updates: Nikita Papers IPO Day 2 update; check subscription status, GMP

Stock Market LIVE Updates: The initial public offering (IPO) of paper and paper products manufacturer Nikita Papers has received a lacklustre response from investors so far as the issue is yet to get fully subscribed. The SME offering, which opened for subscription on Tuesday, May 28, has received bids for 46,88,400 shares, against 56,25,600 on offer, leading to a subscription of 83 per cent. READ MORE

2:30 PM

Stock Market LIVE Updates: PayPal receives RBI nod to operate as cross-border payment aggregator

Stock Market LIVE Updates: PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator Cross Border Exports. 

 

The approval comes as India's exports reached USD 73.8 billion in April 2025, underscoring the increasing momentum in cross-border trade. READ MORE

2:20 PM

Stock Market LIVE Updates: Opec+ to gather for quota review before key decision on July output

Stock Market LIVE Updates: Opec+ will gather online on Wednesday to review production quotas for this year and next, before eight key members decide at the weekend whether to bolster output again in July.

 

Brent contracts have since stabilised near $65 as Trump has reversed some of his trade tariffs. READ MORE

2:09 PM

Stock Market LIVE Updates: These 5 pharma stocks can fall up to 12% as technical charts flag caution

Stock Market LIVE Updates: Abbott India, Aurobindo Pharma, Cipla, Dr Lal PathLabs and Torrent Pharma are the 5 pharma stocks that have flagged a caution signal on the technical charts. READ MORE

2:01 PM

Stock Market LIVE Updates: Markets at 2 PM

Stock Market LIVE Updates: Equity markets were off lows in the afternoon session but continued to remain rangebound on Wednesday, May 28, 2025. 

 

The BSE Sensex was at 81,398.66, down 152.97 points or 0.19 per cent. The index hit an intraday low of 81,244. The NSE Nifty, on the other hand, was at 24,778.6, down 47.6 points or 0.19 per cent. 

1:52 PM

Stock Market LIVE Updates: SC upholds ICICI Securities delisting, dismisses plea over valuation

Stock Market LIVE Updates: The Supreme Court on Wednesday dismissed a petition by investor Manu Rishi Gupta, upholding the delisting of ICICI Securities and clearing the way for its full merger with ICICI Bank. 

 

Gupta had challenged the share valuation process, claiming that the reverse book building (RBB) method could have secured a better price for shareholders. READ MORE

1:51 PM

Stock Market LIVE Updates: What drove SEPC share price 11% higher on Wednesday?

Stock Market LIVE Updates: SEPC shares were in demand in a weak market, with the stock rallying up to 10.51 per cent to an intraday high of ₹15.76 per share.

 

SEPC share price rose after it announced that its arm, SEPC FZE, Sharjah, has secured a contract by Lauren Engineers & Constructors INC worth ₹75.6 crore (equivalent to $8.9 million). READ MORE

1:43 PM

Stock Market LIVE Updates: Hero FinCorp receives Sebi's go-ahead to float ₹3,668 crore IPO

Stock Market LIVE Updates: Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has received Sebi's go-ahead to float a ₹3,668 crore Initial Public Offering (IPO).

 

The proposed IPO is a combination of fresh issue of equity shares worth ₹2,100 crore and an Offer For Sale (OFS) of ₹1,568 crore by investor shareholders, according to the Draft Red Herring Prospectus (DRHP). READ MORE

1:36 PM

Stock Market LIVE Updates: Granules India reports Q4 results

Stock Market LIVE Updates: Granules India shares were volatile in trade today, after the company reported its Q4 results.

As per the company's financial statement, Granules India reported a consolidated revenue of ₹1,199.33 crore, profit before tax of ₹197.53 crore, and Profit after tax of ₹152.03 crore. Granules India reported an exceptional item of ₹30.75 crore.

1:25 PM

Stock Market LIVE Updates: Why did this defence stock soar 32% in 2 days? Zoomed 57% so far in May

Stock Market LIVE Updates: At 12:25 PM, Apollo Micro Systems was quoting 17 per cent higher at ₹180.70, as compared to 0.22 per cent decline in the BSE Sensex. The average trading volumes on the counter jumped over two-fold. As many as a combined 59.75 million equity shares representing 19.5 per cent of total equity of Apollo Micro Systems have changed hands on the NSE and BSE. READ MORE

1:13 PM

Stock Market LIVE Updates: Bharat Dynamics shares under pressure

Stock Market LIVE Updates: Bharat Dynamics share price os trading aroundf 1 per cent lower on the BSE today. The stock hit an intraday low of around 6 per cent intraday. The decline in Bharat Dynamic shares came after the defence company reported a muted profit and margin growth in the March 2025 quarter.

 

Bharat Dynamics Q4FY25 profit slipped 5.5 per cent Y-o-Y to ₹273 crore from ₹289 crore a year ago. READ MORE
 

1:03 PM

Stock Market LIVE Updates: Markets at 1 PM

Stock Market LIVE Updates: Equity markets were off lows in the afternoon session on Wednesday, May 28, 2025. The BSE Sensex was at 81,517, down barely 34 points or 0.04 per cent. The index hit an intraday low of 81,244. The NSE Nifty, on the other hand, was at 24,814, down 13 points or 0.05 per cent. 

12:48 PM

Stock Market LIVE Updates: Gold prices may correct further; check support levels to buy the dips

Stock Market LIVE Updates: Those lookin to buy gold have something to cheer. Gold prices have been falling over the past few days after US President Donald Trump decided to delay the proposed 50 per cent tariff on Europe from June 1 to July 9. This eased trade tensions and boosted risk appetite among investors.

Gold prices also saw profit booking amid speculations that Japan will try to cap rise in long-term yields. CHECK GOLD OUTLOOK HERE

12:37 PM

Stock Market LIVE Updates: Enviro Infra Engineers bags new order

Stock Market LIVE Updates: Enviro Infra Engineers Limited has informed the stock exchanges about a new order win. As per the filing, Enviro Infra has secured new projects awards worth ₹126.81 crores in the domestic market.

The details of Enviro Infra's new project order are:

(i) EPC of a 50 MLD Sewage Treatment Plant (STP) including 5 years O&M from Pb. Water Supply & Sewerage Division No. 1, Amritsar

(ii) EPC of a 42 MLD Water Treatment Plant (WTP) from Office of the Managing Director, WATCO, Odisha