Stock market today: 89 stocks hit 52-week highs, 26 stocks at 52-week lows as Sensex, Nifty 50 end lower
Dhanya Nagasundaram
Published 27 May 2025, 03:35 PM IST Mint Image
Stock market today: 89 stocks hit 52-week highs, 26 stocks at 52-week lows as Sensex, Nifty 50 end lower
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Business Standard
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Federal Bank Ltd soars 2.56%, up for third straight session
Federal Bank Ltd is quoting at Rs 211.53, up 2.56% on the day as on 12:49 IST on the NSE. The stock is up 36.78% in last one year as compared to a 12.38% jump in NIFTY and a 18.53% jump in the Nifty Bank index. Federal Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 211.53, up 2.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.5% on the day, quoting at 24593.65. The Sensex is at 80678.61, down 0.85%. Federal Bank Ltd has gained around 10.45% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 1.28% in last one month and is currently quoting at 55903.4, down 0.5% on the day. The volume in the stock stood at 155.63 lakh shares today, compared to the daily average of 81.65 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 212.06, up 2.29% on the day. Federal Bank Ltd is up 36.78% in last one year as compared to a 12.38% jump in NIFTY and a 18.53% jump in the Nifty Bank index.
India Today
33 minutes ago
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Sensex closes 636 points lower, Nifty below 24,600; Adani Ports down 2%
Benchmark stock market indices closed lower on Tuesday, continuing their downward momentum over global uncertainty. Private bank sector, financials, and IT sector stocks dragged the market S&P BSE Sensex was down by 636.24 points to close at 80,737.51, while the NSE Nifty50 fell by 174.10 points to end at 24, BSE Sensex closed with a predominantly bearish sentiment, with only one stock managing to end in positive Mahindra & Mahindra was the sole gainer among Sensex constituents, rising 0.50% to buck the downward trend. The remaining top performers were actually the least declining stocks, with HCL Technologies posting a relatively modest loss of 0.09%, followed by Tech Mahindra which fell 0.28%, Titan Company Limited declining 0.30%, and HDFC Bank retreating 0.39%.The selling pressure was intense on several heavyweight stocks, with Adani Ports and Special Economic Zone bearing the brunt of the decline, plummeting 2.42%. Bajaj Finserv also faced selling, dropping 1.74%, while Bajaj Finance fell 1.69%. PowerGrid Corporation of India declined 1.62%, and Eterna Limited completed the list of worst performers with a loss of 1.53%."The ongoing foreign fund outflows, coupled with weak global cues such as geopolitical tensions and uncertainty over trade deals, are adding pressure to the markets," said Ajit Mishra – SVP, Research, Religare Broking
Economic Times
43 minutes ago
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D-Street lures FIIs back with big ticket block trades
Foreign investors are returning to Indian stocks, spurred by $5.5 billion in block trades in May, the highest in almost a year. This influx follows a significant outflow and is driven by attractive valuations and India's strong economic performance. Interest is particularly strong in banking, telecommunications, and diversified conglomerates, signaling renewed confidence in the Indian equities market. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Foreign investors are starting to head back into Indian stocks after a major exodus, attracted by $5.5 billion worth of big ticket block trades in May and lifting hopes of a revival in the nation's equities block trades were well bought by overseas investors, according to bankers. They marked the highest monthly total in almost a year and a huge jump from only $220 million in April."We actually saw interest coming in from a fairly diverse set of investors who were missing in action in the last six months," said Abhinav Bharti, head of JPMorgan's India equity capital market business."They had gone out of India, said India is just too expensive, we don't want to buy anything right now. I think we could start seeing them coming back."Block trades often precede a recovery in IPOs and May's robust offerings come amid a strong performance for Indian Nifty 50 index has climbed risen 6% since early April when U.S. President Donald Trump announced his sweeping tariffs which were then paused for 90 days, with India emerging as an investor safe haven due to better-than-feared have since bought about $3 billion worth of Indian stocks in April and May combined, data comes after they pulled nearly $29 billion out of Indian stocks between October and March which followed record highs for the country's benchmark indices in Tan, a portfolio manager at Allspring Global Investments in Singapore, said the recent inflows into India reflect a resurgence of interest in emerging market equities."We've selectively added to India on pullbacks but remain underweight," said Tan, citing high valuation in some sectors. Banking, telecommunications and diversified conglomerates were his most favoured sectors, he $5.5 billion in block trades in May, according to LSEG data, included the sale of a British American Tobacco $1.51 billion stake in ITC, according to a term sheet seen by Reuters co-founder Rakesh Gangwal also offloaded a 5.7% stake in the low-cost carrier through a block deal worth about $1.36 billion, while Singtel sold $1.5 billion of Bharti Airtel shares . Both the ITC and IndiGo trades were increased in size after strong demand from investors, bankers was the busiest May on record for block trades in the country, the data showed."We're seeing high-quality global long-only accounts coming in with conviction," said Sunil Khaitan, a managing director at Goldman Sachs in India."Some are still waiting for levels to normalize, but 90% to 95% of the foreign liquidity coming back into the market is from deeply embedded India investors, those who understand the market and have been waiting for the right window to reengage."Citigroup's head of India ECM Arvind Vashistha said the country's better economic performance, tax cuts and interest rate reductions had helped sentiment towards India's equity markets improve."The economy is in good shape, valuations have become more reasonable, which is encouraging healthy market activity. Investors are telling us that these are the companies we find interesting and if there's a supplier, we'd love to buy it," he said.
