Stock market closing: Nifty 50 at 23,547.75 down 1.50%, Sensex at 74,775.74 down 1.44%, Nifty metal at 13,440.95 down 2.02%
The Indian stock market witnessed a downturn today, with the Nifty 50 closing at 23,547.75, marking a decline of 1.50% from its opening level of 23,902.15. Similarly, the Sensex ended the session at 74,775.74, down 1.44% from its open. Market sentiment remained bearish throughout the day, influenced by declines across major indices.
Index movements
The Nifty 50 showed a downward trajectory during the trading session, starting at 23,902.15 and reaching a high of 24,002.80 before falling to a low of 23,484.75. The Sensex followed a similar pattern, opening at 75,988.51, peaking at 76,220.02, and hitting a low of 74,589.11. The Bank Nifty also experienced a decline, closing at 54,239.20, down 1.12% from its opening level of 54,748.30.
Sectoral performance
The sectoral indices reflected the overall market weakness, with Nifty Metal leading the declines, closing at 13,440.95, down 2.02% from its open. Nifty Auto and Nifty Energy also faced significant losses, ending at 26,338.45 and 40,878.00, down 1.96% and 1.58% respectively. The Nifty FMCG and Nifty Pharma indices fell by 1.51% and 1.50%, closing at 49,383.35 and 24,345.80.
Market breadth
The broader market indices mirrored the negative sentiment, with the Nifty 100 and Nifty 500 declining by 1.45% and 1.35%, closing at 24,608.45 and 22,657.00 respectively. The Nifty Midcap 50 and Nifty Midcap 100 also saw declines, ending at 17,490.55 and 61,723.80, down 1.49% and 1.33%.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,902.15 | 24,002.80 | 23,484.75 | 23,547.75 | -1.50% |
| Sensex | 75,988.51 | 76,220.02 | 74,589.11 | 74,775.74 | -1.44% |
| India VIX | 14.98 | 16.55 | 14.59 | 16.35 | +9.15% |
| Nifty Metal | 13,828.80 | 13,828.80 | 13,388.75 | 13,440.95 | -2.02% |
| Nifty Auto | 26,915.40 | 27,033.60 | 26,210.20 | 26,338.45 | -1.96% |
| Nifty Energy | 41,784.30 | 41,828.55 | 40,698.15 | 40,878.00 | -1.58% |
| Nifty FMCG | 49,956.20 | 50,245.55 | 49,083.45 | 49,383.35 | -1.51% |
| Nifty Pharma | 24,796.30 | 24,945.35 | 24,218.50 | 24,345.80 | -1.50% |
| Nifty Midcap 50 | 17,850.00 | 17,859.10 | 17,448.70 | 17,490.55 | -1.49% |
| Nifty 100 | 24,992.40 | 25,082.10 | 24,544.95 | 24,608.45 | -1.45% |
| Nifty 500 | 23,012.80 | 23,075.25 | 22,598.45 | 22,657.00 | -1.35% |
| Nifty Midcap 100 | 62,861.20 | 62,907.50 | 61,581.80 | 61,723.80 | -1.33% |
| Bank Nifty | 54,748.30 | 55,184.45 | 54,116.15 | 54,239.20 | -1.12% |
| Nifty PSU Bank | 8,244.20 | 8,300.65 | 8,127.30 | 8,156.15 | -0.84% |
| Nifty Media | 1,419.65 | 1,431.95 | 1,400.85 | 1,408.30 | -0.62% |
| Nifty IT | 29,347.50 | 29,747.20 | 28,931.75 | 29,080.15 | +0.60% |
| Nifty Realty | 785.35 | 800.10 | 778.65 | 782.55 | -0.25% |
Market outlook
As the market closes on a bearish note, investors will be keenly watching for any developments that could influence market sentiment in the coming days. The rise in the India VIX by 9.15% to 16.35 suggests increased volatility, which may continue to impact trading activity. Market participants will be looking for cues from global markets and domestic economic indicators to gauge future trends.
Data as on May 29, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.
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