Stock Market Highlights Today, 27 May: IndusInd Bank Gains, UltraTech Cement and ITC Lead Losses

Indian stock markets closed in the red, ending a two-day winning streak. Investors booked profits across multiple sectors due to global market weakness and valuation concerns. The session was marked by high volatility, with the Nifty 50 swinging nearly 350 points before closing sharply lower.

The Nifty 50 index dropped 174.95 points (0.70%) to close at 24,826.20, while the BSE Sensex declined 624.82 points (0.76%) to end the day at 81,551.63. During the day, the Nifty touched a low of 24,704, after opening slightly weaker at 24,956.65.

🔼 Top Gainers Today

• IndusInd Bank: Gained 2.60%, ending at ₹821.05

• Sun Pharma: Up 0.47%, closing at ₹1,683.70

• Nestlé India: Rose 0.36% to ₹2,462.20

• Adani Ports: Gained 0.34%, closing at ₹1,404.45

• Asian Paints: Slightly up by 0.06% to ₹2,328.85

🔻 Top Losers Today

• UltraTech Cement: Dropped 2.29%, closing at ₹11,421.05

• ITC: Fell 2.01% to ₹433.90

• Tata Motors: Declined 1.73%, ending at ₹716.45

• Axis Bank: Slipped 1.59% to ₹1,195.90

• NTPC: Down 1.40%, closing at ₹338.60

📉 Expert Commentary

Vinod Nair, Head of Research at Geojit Financial Services, commented,

“The domestic market turned volatile and gave up earlier gains as profit-booking kicked in. Weak signals from Asian markets and high stock valuations triggered the sell-off. The Nifty once again failed to break the 25,000 resistance level, showing the need for stronger market catalysts.”

📰 Key Takeaways

• Markets ended lower due to global cues and profit-taking

• IndusInd Bank led the gainers; UltraTech Cement topped the losers

• Investors remain cautious as key resistance levels hold

Stay tuned for more daily stock market updates and expert analysis to track the latest movements.