Indian equity markets began the week on a buoyant note, registering their second consecutive day of gains. The Nifty 50 rose by 0.60%, closing just below the psychological 25,000 mark, while the Sensex climbed 0.56% to settle near 82,200. The upward momentum was driven by a confluence of supportive domestic and global factors.

A record dividend transfer by the Reserve Bank of India boosted fiscal confidence, while easing global trade tensions—following the U.S. President’s decision to defer a proposed 50% tariff on European imports—improved risk appetite among global investors.

Currency markets also reflected the optimism, with the dollar index hitting a one-month low, strengthening the Indian rupee alongside other Asian currencies.

Sectoral Snapshot

The rally was broad-based with 9 out of 17 sectoral indices on the NSE closing in the green.

Nifty Auto outperformed with a 1.05% gain, led by Bajaj Auto, which advanced over 2.5%. Nifty Metal gained nearly 1%, benefiting from a softer U.S. dollar that made commodities more appealing. The only notable underperformance came from select counters in Pharma and Cement.

Noteworthy Stock Movements

Divi’s Laboratories surged 3.92% on reports of a new global supply agreement.

Paytm added 3% after the Supreme Court stayed a substantial tax claim against its gaming division.

J.K. Cement rose 2.17% on strong volume growth in Q4 results.

Top Contributors to Nifty 50 Gains:

ICICI Bank: +20.35 points

Mahindra & Mahindra: +17.51 points

Larsen & Toubro: +15.98 points

Main Draggers on the Index:

Kotak Bank: -4.58 points

Sun Pharma: -2.19 points

Ultratech Cement: -1.78 points

Broader Market & Internals

The Nifty Midcap 100 gained 0.67%, while the Nifty Smallcap 100 edged higher by 0.37%, reflecting continued investor interest beyond the large-cap space.

NSE Market Breadth:

Advancing stocks: 1,735

Declining stocks: 1,173

Unchanged: 74

52-week highs: 53

52-week lows: 25

Stocks in upper circuit: 127

Stocks in lower circuit: 68

The advance-decline ratio continued to favor bulls, indicating a broad-based participation in the day’s uptrend.

Stocks in the News

Bharti Airtel: Supreme Court dismisses Bharti Telemedia’s appeal; faces ₹585 crore exposure over DTH tax.

TVS Srichakra: Opens new Eurogrip Tyres outlet in Hyderabad.

Lloyds Engineering Works: Wins ₹21 crore order from Cochin Shipyard for fin stabiliser systems.

Garware Hi-Tech Films: Reappoints Sarita Garware Ramsay as Joint MD for three years.

Lupin: U.S. unit converts $44.3 million loan into equity in Lupin Oncology.

Salzer Electronics: Bags ₹192 crore order for smart street light control systems in Bengaluru.

Sun Pharma: To invest $25 million in U.S.-based pharma firm Pharmazz.

Zydus Lifesciences: Receives USFDA approval for Isotretinoin Capsules USP in multiple dosages.

Global Economic Calendar – May 27, 2025 (Tuesday)

Key Events to Watch:

U.S.: Conference Board Consumer Confidence (May) Richmond Fed Manufacturing Index

Eurozone: ECB Vice President Speech

Japan: Unemployment Rate (April) Retail Sales (YoY)

Global economic data and central bank commentaries are likely to influence market tone for the week ahead.

Closing Thought

Markets continued their upward trajectory, powered by improving global sentiment and strong domestic macro signals. Sector rotation and stock-specific catalysts drove gains, while participation across broader indices pointed to healthy market internals.

For key technical levels and deeper analysis, watch our daily YouTube Market Wrap.

Angeeras Securities – Trusted Advice. Smart Investing.