Detailed Report: Detailed Report: Sensex Nifty Close on May 29, 2025
Mumbai, India – May 29, 2025: The Indian stock market showcased renewed vigor on Thursday, May 29th, rebounding sharply from the previous day’s losses. The benchmark BSE Sensex climbed 321 points to close at a robust 81,633, while the NSE Nifty 50 index gained 81 points, settling comfortably at 24,834.
The market breadth was overwhelmingly positive, signaling broad-based buying interest. Out of the 30 stocks on the Sensex, a significant 24 advanced, while only 6 declined. On the Nifty 50, 37 stocks closed in the green, with just 13 ending lower.
Key Movers & Sectoral Action
Leading the charge were banking and pharmaceutical stocks. IndusInd Bank and Sun Pharma emerged as top gainers, each surging by 2.5%. This positive momentum was fueled by strong performances across several key sectors.
The NSE IT, Metal, Auto, Realty, and Pharma indices each registered impressive gains of up to 1.2%, indicating a widespread recovery and investor confidence. However, the FMCG and Banking sectors experienced some downward pressure, closing lower for the day. In contrast, major names like Bajaj Finance, ITC, and Bajaj Finserv saw minor declines.
Strong Institutional Buying Continues
A key driver behind the market’s resilience appears to be the consistent support from institutional investors. On May 28th, Foreign Institutional Investors (FIIs) were net buyers, investing ₹4,663 crore in the cash segment. Domestic Institutional Investors (DIIs) showed even stronger conviction, pouring in ₹7,912 crore.
This trend reflects a robust May for institutional flows:
- May (so far): FIIs have net purchased ₹17,339 crore, while DIIs have made substantial net purchases of ₹54,260 crore.
- April: FIIs bought ₹2,735.02 crore, and DIIs invested ₹28,228.45 crore.
This strong DII support, coupled with renewed FII buying in May, is providing a solid cushion for the market.
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Asian Markets Shine, US Markets Stumble
The positive sentiment in India was mirrored across major Asian markets today:
- Japan’s Nikkei 225: Soared 711 points (+1.88%) to 38,433.
- Korea’s KOSPI: Gained 50 points (+1.89%) to 2,721.
- Hong Kong’s Hang Seng: Climbed 315 points (+1.35%) to 23,573.
- China’s Shanghai Composite: Rose 23 points (+0.70%) to 3,363.
This contrasted with the performance in US markets on May 28th, which saw declines:
- Dow Jones: Fell 244 points to 42,099.
- Nasdaq Composite: Dropped 98 points to 19,101.
- S&P 500: Lost 33 points (-0.67%) to 5,889.
Market Outlook
Today’s rally marks a significant turnaround from Wednesday’s dip (when Sensex fell 239 points and Nifty shed 73 points). Despite mixed global cues, the strong performance across multiple sectors and unwavering domestic institutional buying paint an optimistic picture for the Indian markets. Investors will now be watching to see if this upward momentum can be sustained in the coming sessions.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial, investment, or trading advice. Investments in the stock market are subject to market risks. Readers are advised to consult with their financial advisor or conduct their own research before making any investment decisions.