NSE, BSE Top gainers, losers today May 26: Sensex up 455 pts, Nifty 50 at 25,000 level, Bajaj Auto, JSW Steel lead gains, Eternal drops over 4%
Equity benchmark indices ended in positive note on Monday on developments such as the the country becoming the fourth largest economy in the world boosting near-term morale of the market, RBI’s ₹2.69 lakh crore dividend to the Government for FY25, and the US President Donald Trump postponed the recently proposed 50 per cent tariffs on the European Union to July 9.
Sensex ended 455.37 pts or 0.56 per cent higher at 82,176.45 (off the day’s high of 82,492.24), and Nifty 50 soared 148.00 pts or 0.6 per cent to 25,001.15.
“Technically, after an early morning intraday rally, the market witnessed range-bound activity throughout the day. A bullish candle on daily charts and an uptrend continuation formation on intraday charts indicate a further uptrend from the current levels,” Shrikant Chouhan, Head Equity Research, Kotak Securities, said.
According to Vinod Nair, Head of Research, Geojit Investments Limited, US decision to consider extending the deadline for imposing aggressive tariffs on EU, coupled with a decline in the dollar index, contributed to a rebound in the domestic equity markets.
“These developments suggest that trade negotiations are progressing constructively, which could help moderate market volatility. Additionally, the early onset of the southwest monsoon and a decline in domestic bond yields have encouraged investors to maintain their focus on riskier assets,” Nair added.
The volatility index rose 4.29 per cent to 18.02. Nifty midcap 100 delivered marginal gains by 0.67 per cent to 57,067.25, while smallcap 100 was up 0.37 per cent to 17,707.80.
On sectoral front, defence, auto and IT shined over other indexes, with 1 per cent gain.
Bank Nifty formed a high wave candle with a higher high and higher low signaling continuation of the up move for the second session in a row as buying demand emerged from the 20 days EMA, Bajaj Broking Research observed. “The index on Monday’s session tested the upper band of the last 4 weeks consolidation range placed around 55,800-56,000 levels.
Overall, we expect the index to extend the last 4 weeks’ consolidation in the broad range of 56,000-53,500. Only a move above 56,000 levels will signal acceleration of the up move towards 56,700 levels in the coming weeks,” it added.
Top gainers & losers today
Shares of Bajaj Auto, JSW Steel, M&M, Trent and Hindalco ended among major gainers of Nifty 50 components.
Eternal shares witnessed maximum selling pressure, falling over 4 per cent, on weightage cuts by FTSE Russell and MSCI. Meanwhile, UltraTech Cement, Kotak Mahindra Bank, Power Grid and NTPC slipped to end in red.
Of all the 2,982 stocks that were traded on the National Stock Exchange, 1,735 stocks advanced and 1,173 declined. 127 stocks including Emcure, Cosmo First, Aditya Birla Money and Nibe hit the upper circuit , and 68 hit the lower circuit.
Nearly 53 stocks including City Union Bank, Divi’s Laboratories, ITD Cementation, ICICI Bank, JK Cement, and EID Parry hit 52-week high, and 25 other stocks hit 52-week low.
Among midcap, HUDCO, Suzlon, Astral, RVNL and Paytm surged 3-5 per cent. Meanwhile, BEML, KEC International, IFIC, ACE, Inox Wind and Data Patterns outperformed among smallcap.
Defence stocks BEML, Data Patterns, Solar Industries, Unimech Aerospace and Mazagon Dock soared.
On the BSE, BEML ended 15 per cent higher. Shilpa Medicare, ITD Cementation, Vaibhav Global and Gillette followed with 8-13 per cent jump.
On the flip side, Balkrishna Industries, Teamlease and Thomas Cook depreciated 6 per cent.
Going forward, investors will watch out for India’s Q4 GDP data due on May 30, 2025, and the RBI’s policy decision on June 6, 2025.
Ajit Mishra – SVP, Research, Religare Broking advised traders are to remain stock-specific and use any intermediate dips or pauses as opportunities to accumulate quality names across sectors.
Rupee traded higher by 24 paise to close at 85.09 against the US dollar.
Published on May 26, 2025
