Finance
Stock Market Highlights Today, Friday, May 30, 2025: Benchmark Indian equity indices closed lower in the week’s last session, weighed down by widespread selling in the IT, metals, and auto sectors. Market mood remained cautious amid persistent volatility, as investors examined the final set of company earnings for the March 2025 quarter, anticipated Q4FY25 GDP statistics, and monitored global trade events related to US President Donald Trump’s new tariff measures.
The NSE Nifty50 too settled lower by 82.90 points or 0.33 per cent at 24,750.70. Nifty50 was seen at a day’s high of 24,863.95, while the intra-day low was recorded at 24,717.40.
Eternal, State Bank of India (SBI), HDFC Bank, Larsen & Toubro (L&T), and Dr Reddy’s Labs were the top gainers among Nifty50 constituent stocks, ending higher in the range of 4.98-0.22 per cent. Conversely, Bajaj Auto, Hindalco, Shriram Finance, HCL Tech, and Tech Mahindra were the top laggards who ended lower in the range of 3.10 per cent – 1.69 per cent.
Among the broader basket, Nifty Midcap100, and Nifty Smallcap100 ended with a loss of 0.06 per cent and 0.03 per cent, respectively Nifty PSU Bank index outperformed others by settling higher by 2.88 per cent, led by Maharashtra Bank, and UCO Bank.
Except for Nifty Media and select Financial Services, all of the NSE’s sectors indices closed lower. The Nifty IT and Metal indices were the biggest laggards, down more than 1% each on Friday. Meanwhile, the Nifty Auto index fell by about one percent (0.98 percent).
The market breadth was negative, with 1,581 out of 2,955 traded equities on the NSE closing down, 1,299 higher, and 75 unchanged. The market capitalisation of NSE-listed businesses was $5.17 trillion.
Source: BS
