On the final trading day of May, Indian benchmark indices ended with modest losses, reflecting a pause after a strong month. The Nifty 50 slipped 0.22% to close below 24,800, while the Sensex declined 0.33%, as investors weighed the lack of immediate triggers ahead of next week’s RBI policy decision.
Despite the subdued close, the Nifty 50 recorded a monthly gain of 1.17%, marking its third consecutive positive month. However, the index ended the week with a 0.41% decline, its second straight weekly loss.
🇮🇳 Market Highlights
Nifty 50: ▼ 0.22%
Sensex: ▼ 0.33%
Nifty Bank: ▲ 0.37% (Weekly Gain: 0.63%)
India VIX: Stable, indicating steady volatility expectations
The session saw stock-specific moves dominate amid an otherwise range-bound market. Lack of fresh triggers and caution ahead of the RBI policy meet next week kept broader sentiment in check.
🏭 Sectoral & Stock Watch
Sectoral Performance:
Top Gainer:
Nifty PSU Bank ▲ 2.88%
Notable Decliners:
Nifty Metal ▼ >1%
Nifty IT ▼ >1%
Noteworthy Stock Movements:
Reliance Power: ▲ 11.26% — Hits new 52-week high
Suzlon Energy: ▲ 9.26% — Rallies post strong Q4 earnings
BSE Ltd.: ▲ 8.50% — Touches all-time high
HDFC Bank: Top Nifty contributor (+20.73 pts)
Infosys: Largest drag (-22.77 pts)
📈 Market Breadth & Internals
From 2,950 stocks traded on NSE:
Advances: 1,431
Declines: 1,456
Unchanged: 63
52-Week Highs: 49
52-Week Lows: 28
Upper Circuits: 94
Lower Circuits: 76
Broader indices reflected mild profit-booking, with the Nifty Midcap 100 down 0.06% and Smallcap 100 down 0.03%. However, both indices posted weekly gains of over 1%, supported by strong stock-specific momentum.
🌍 Global Economic Calendar
Key Global Events – May 30 to June 3:
Friday, May 31
🇺🇸 U.S. Core PCE Price Index (Fed’s preferred inflation gauge)
🇮🇳 India FY25 Q4 GDP – Reported above market expectations, led by agri output & services exports
🇯🇵 Japan Retail Sales, Jobless Rate
Next Week – June 3–7
🇮🇳 RBI Monetary Policy Meeting – Market anticipates potential repo rate cut
🇺🇸 U.S. ISM Manufacturing PMI
🇨🇳 China Caixin Services PMI 🇮🇳 🇺🇸 U.S. Trade Delegation visit to India (June 5–6)
🧠 Technical View
Markets remain range-bound with signs of consolidation. A clear breakout trigger is awaited, particularly from global cues or RBI commentary.
🎯 Support & resistance levels are discussed in detail in our daily YouTube video.
📺 Watch the full technical outlook here:
📌 In Summary
Despite short-term volatility and a lack of immediate catalysts, Indian equities continue to show resilience, especially in broader markets. All eyes are now on the upcoming RBI policy decision, which could define near-term direction for interest-rate sensitive sectors and overall market momentum.
🔔 Stay Ahead with Angeeras Securities
Stay informed. Stay invested.
Join our thriving YouTube community of 17K+ subscribers for daily insights, technical trends, and educational content.
Angeeras Securities 