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.