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HomeUncategorizedSensex and Nifty Achieve New Records but Volatility Leads to Flat Finish.

Sensex and Nifty Achieve New Records but Volatility Leads to Flat Finish.

Sensex saw top gainers like Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries, ONGC, and SBI Life Insurance.

Dalal Street experienced a record run, with benchmark indices hitting new all-time highs, driven by buying in realty, banking, and IT stocks.

Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.

Sectors and stocks

Sectoral trends show bank, realty, and Information Technology indices increasing by 0.5% each, while oil & gas, power, and media fell by 0.5-1%.

Stocks Balrampur Chini Mills, Zee Entertainment Enterprises, and Indian Energy Exchange experienced a 1,600% volume spike, while Glenmark Pharma, Ashok Leyland, Jubilant FoodWorks experienced a long build-up.

Over 230 BSE stocks reached their 52-week high, including Adani Ports, Ashok Leyland, Axis Bank, Bharti Airtel, Divis Labs, Exide Industries, Glenmark Pharma, Samvardhana Motherson International, NTPC, Oil India, Polycab, Power Finance, REC, Supreme Industries, Tata Steel.

May 28 Forecast

Indian bourses reached a high of 23,039, with banking counters leading a rally. However, profit-booking pressure led to a loss of 24.65 points, settling at 22,932.45. The Nifty50 made a bearish candle, likely to retest 22,780 support.

FII Sold1,616.79 Cr
DII Bought1,556.25 Cr
as per lastest session

Indian Market Stocks

Sensex-19.89-0.03%75,390.50
Nifty 50-24.65-24.6522,932.45
Nifty Bank310.15+0.63%49,281.80
as per closing Bell

Market Movers

Divis Labs132.85 3.22%Adani Enterpris-95.90 -2.83%
IndusInd Bank23.30 1.62%Wipro-11.20 -2.42%
Axis Bank13.00 1.11%Grasim-50.35 -2.06%
Adani Ports15.55 1.10%ONGC-5.60 -1.98%
LTIMindtree52.30 1.08%SBI Life Insura-26.05 -1.81%
as per closing Bell

Must read book about investing – check here

Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.

Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.

Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.

Sensex Sensex Sensex

Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert

Record High Record High Record High Record High Record High Record HighrRRecord HighRecord Highecord Highockets

Market Rally Halts Market Rally Halts Market Rally Halts Market Rally Halts

stor Alarm

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