The Sensex is trading around 82,000, with technical analysts viewing this as a strong base
The Indian stock market started the new week on a positive note. On Monday, May 26, 2025, both the key equity benchmarks — the BSE Sensex and the NSE Nifty50 — were trading higher in early sessions, supported by broad-based buying across sectors.
The 30-share BSE Sensex was trading at 82,083, showing a gain of 362 points or 0.44%, while the NSE Nifty50 was quoting at 24,954.35, up by 101 points or 0.36%. The upbeat sentiment reflected a continuation of last week’s momentum, driven by strong earnings, stable global cues, and investor optimism ahead of key economic data releases.
Top Gainers and Losers on Sensex
In the list of top gainers on the Sensex, the following stocks showed strong performance:
Mahindra & Mahindra (M&M) – Supported by strong sales data and positive management commentary.
Tata Motors – Continued its rally on expectations of improved financials and market share in EVs.
Nestle India – Gained on stable earnings and rising demand in the FMCG sector.
HCLTech Rose due to strong buying in IT stocks following a bounce-back in tech-heavy US indices.
Bajaj Finserv – Moved up on healthy loan growth and strong performance in its insurance segments.
On the other hand, top losers included:
Eternal (Zomato) – Witnessed some profit booking after recent gains.
Kotak Mahindra Bank – Fell amid concerns over net interest margin pressure.
HDFC Bank – Declined slightly after a surge in previous sessions due to subdued credit growth expectations.
MidCap and SmallCap Indices Show Strength
The broader markets also mirrored the bullish trend.
The Nifty MidCap 100 index gained 0.47%, driven by buying in capital goods, financials, and healthcare stocks.
The Nifty SmallCap 100 index rose by 0.21%, supported by interest in auto ancillary, chemical, and consumer-related names.
This broader market participation indicated improved investor confidence beyond large-cap stocks.
Sectoral Performance
All major sectoral indices were trading in the green during the session. Some of the key sectoral highlights included:
Nifty Auto index: Up 0.87% – Led by strong gains in M&M, Tata Motors, and Ashok Leyland. The sector is benefiting from robust vehicle sales, lower input costs, and rising export demand.
Nifty Metal index: Gained 0.45% – Stocks like JSW Steel and Hindalco were in focus due to rising global metal prices and restocking demand from China.
Nifty Pharma index: Added 0.48% – Glenmark Pharma, Sun Pharma, and Cipla saw buying interest on the back of stable earnings and upcoming product launches.
Other indices like Nifty IT, FMCG, Realty, and Financial Services were also in positive territory, contributing to the overall upbeat sentiment.
Stocks in Focus Today
Several individual stocks remained in focus based on news developments and trading volumes:
NTPC: The stock was active amid reports of higher power demand and strong generation data.
Ashok Leyland: Rose on robust monthly sales expectations and expansion in the electric bus segment.
JSW Steel: Inched higher on improved metal pricing and announcements related to capacity expansion.
Glenmark Pharma: Gained following positive news around approvals for its generic drug pipeline in the US.
Havells India: Remained in focus due to expectations of improved consumer demand in the summer season.
Info Edge (Naukri.com): Saw movement after reports of fresh investments in start-up ventures and positive outlook for job hiring trends.
IPO Buzz: New Listings and Subscription Updates
The primary market also remained active with several key IPOs opening and closing today.
Aegis Vopak Terminals IPO (Mainline): Opened for subscription today. The company, involved in logistics and storage terminals for liquid and gas cargo, is attracting investor interest due to strong financials and a strategic joint venture structure.
Schloss Bangalore IPO (Mainline): Also opened today. The luxury hotel brand, operating under “The Leela” name, is known for its high-end properties across major Indian cities. The IPO is gaining attention from retail and institutional investors.
Unified Data-Tech Solutions IPO (SME): Reached its last day for subscription. The company operates in the IT and digital infrastructure services segment, targeting SME clients in India and abroad.
Global Cues and Market Outlook
Global markets showed mixed cues. US indices closed slightly higher on Friday, with the Nasdaq bouncing back on tech stock strength. Asian markets were mostly steady as investors weighed interest rate expectations, inflation readings, and central bank policies.
Oil prices held firm, trading above $82 per barrel, while gold prices remained range-bound near $2,350/oz, offering limited direction. The US dollar index remained stable, while the Indian rupee traded in a narrow band against the dollar.
Back home, foreign institutional investors (FIIs) have continued their buying spree in Indian equities, which added to the positive sentiment. Domestic institutional investors (DIIs) have also remained net buyers, supporting the market at lower levels.
Market Sentiment and Technical View
The Nifty50 index, currently hovering near 24,950, is trading just below the key psychological mark of 25,000. If this level is crossed decisively, the index could move toward its next resistance around 25,200. On the downside, immediate support lies at 24,700.
The Sensex is trading around 82,000, with technical analysts viewing this as a strong base for further upside toward 82,500. Any break below 81,500 may invite mild profit booking.
Market sentiment remains bullish with a neutral-to-positive bias. Analysts are watching for upcoming economic indicators, such as GDP growth data and inflation numbers, which could shape the market’s short-term direction.
The Indian stock market began the week on a strong note, with gains across key indices. Buying interest was broad-based, led by auto, metal, and pharma sectors. Several top companies showed strength, supported by earnings momentum and positive sectoral cues.
Activity in the primary market, with multiple IPOs launching and closing, added to the excitement. The overall mood remains optimistic, driven by supportive domestic fundamentals, stable global cues, and investor confidence in India’s growth story.
As the trading session progresses, market participants will continue to watch movement in global markets, FII activity, and sector-specific developments to determine the short-term trend.
