{"id":13690,"date":"2025-05-27T16:57:33","date_gmt":"2025-05-27T11:27:33","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/?p=13690"},"modified":"2025-05-27T16:57:33","modified_gmt":"2025-05-27T11:27:33","slug":"market-overview-7","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/market-overview-7\/","title":{"rendered":"MARKET OVERVIEW :"},"content":{"rendered":"

Nifty 50 declines by 250 points; Ultratech, Grasim, M&M among the major losers:<\/h4>\n

Markets regain-in positive territory.<\/h4>\n

Promoters sell their major holdings-IndiGo\u2026<\/h4>\n

Shriram AMC Shares Up 11%; Defence Stocks Rise;;IT Stocks In Decline<\/em><\/h6>\n

\u00a0The Nifty closed just at the 25,000 mark and would look to build on to those gains. Global cues are relatively absent as Wall Street remained shut on Monday on account of Memorial Day.<\/strong><\/p>\n

The Indian markets opened on Tuesday, May 27, on a relatively flat note, with a minor decline.<\/strong>
\nThe Nifty 50 index opened in red, falling below the 25,000 mark again, slumping to 24,956.65 at the start of the day’s trade. The Sensex also opened below its previous day’s closing, starting at 82,038.20.<\/strong>
\nIndian equities began the monthly expiry week on a strong note. Yes, there is resistance at higher levels closer to 25,200, but the dips are getting bought into and that will give the bulls comfort. What will also please them is the fact that the Nifty closed just at the 25,000 mark and would look to build on to those gains. Global cues are relatively absent as Wall Street remained shut on Monday on account of Memorial Day. A little stability returning to the markets has resulted in a slew of block deals and promoter stake sales returning to the fore, as have IPOs. Today’s session will see promoters of stocks like IndiGo, Sagility, PG Electroplast pare some of their stake in various forms, either via block deals or Offer For Sale (OFS). There will also be earnings reactions in stocks like Aurobindo Pharma, KEC International, Shilpa Medicare and others. India’s largest insurance company, Life Insurance Corporation of India (LIC) will be reporting results today.<\/strong><\/p>\n

Varun Bevarages:The company shares dipped by 0.52% on Tuesday.<\/strong><\/p>\n

Ticketing Company Shares Rise<\/strong><\/p>\n

The shares of some travel and ticketing companies declined on Tuesday.<\/strong><\/p>\n

The shares of\u00a0Easy Trip,\u00a0which owns Easy My Trip, increased by \u20b90.12 or 1.08%.<\/strong><\/p>\n

The shares of\u00a0Le Travenues Technology Ltd\u00a0or IXIGO jumped\u00a0by \u20b92.87 or 1.67%.<\/strong><\/p>\n

The shares of MakeMyTrip also surged, increasing by \u20b92.64 or 2.62%.<\/strong><\/p>\n

Rategain Washes Away Gains, Falls By 8%<\/h4>\n

The shares of tech company Rategain plummeted on Tuesday. The company shares fell by over 8%. This comes to pass after the company\u2019s stocks made gains of over 4% on Monday\u2019s trading session. In its Q4 results, the company reported a 12.5% revenue growth, meeting its FY25 guidance range of 12\u201313%.<\/strong><\/p>\n

Kalyani Shares Under Pressure Ahead Of Results<\/h4>\n

The shares of Kalyani Forge Ltd. are trading with losses of 1.40% on Tuesday, May 27, ahead of the company\u2019s earnings announcement. The stock has climbed over 16% so far this year. The stock is priced at around \u20b9795.00.<\/strong><\/p>\n

And HDFC Banks Shares In Focus, Here’s Why<\/h4>\n

The shares of ICICI Bank and HDFC Bank are in focus after the lenders lowered fixed deposit (FD) interest rates by up to 20 basis points (bps) on select tenures for deposits below \u20b93 crore. The revised rates are effective from May 27, 2025, for\u00a0ICICI Bank\u00a0and from May 23, 2025, for\u00a0HDFC Bank.<\/strong><\/p>\n

Sagility Shares Hit Lower Circuit<\/h4>\n

The shares of Sagility India sank, hitting the lower circuit on Tuesday, after the company, the promoter of\u00a0Sagility India Ltd., plans to sell up to 15.02% of the company\u2019s equity through an Offer for Sale (OFS). The transaction involves an initial sale of 346.1 million equity shares, representing a 7.39% stake, with an option to sell an additional 356.9 million shares, or 7.62%, if oversubscribed.<\/strong><\/p>\n

Olectra Shares Fall 7% After Losing Tender<\/h4>\n

Shares of electric bus manufacturer Olectra Greentech Ltd. fell as much as 7% in early trading on Tuesday, May 27, after Maharashtra\u2019s Transport Minister, Pratap Sarnaik directed officials to cancel the tender order awarded to the company for failing to meet delivery timelines.<\/strong><\/p>\n

\u00a0IndiGo Shares Dip After Large Deal<\/h4>\n

The shares of Interglobe Aviation, the parent company of IndiGo, declined on Tuesday. This happened after a large deal came to pass in which 2.26 Cr Shares (5.80% Eq) Worth \u20b911,928 Cr Change Hands At `5,260.5\/sh.<\/strong><\/p>\n

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Nifty 50 declines by 250 points; Ultratech, Grasim, M&M among the major losers: Markets regain-in positive territory. Promoters sell their major holdings-IndiGo\u2026 Shriram AMC Shares Up 11%; Defence Stocks Rise;;IT Stocks In Decline \u00a0The Nifty closed just at the 25,000 mark and would look to build on to those gains. Global cues are relatively absent […]<\/p>\n","protected":false},"author":5,"featured_media":13069,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-13690","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-top-stories","post_format-post-format-image"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/13690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=13690"}],"version-history":[{"count":1,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/13690\/revisions"}],"predecessor-version":[{"id":13691,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/13690\/revisions\/13691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/13069"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=13690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=13690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=13690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}