Market at Close | Sensex, Nifty end flat amid bank drag; metals, capital goods rally

The equity benchmark indices BSE Sensex and NSE Nifty ended marginally lower in a mixed session on Wednesday (May 27), while broader markets outperformed, led by gains in metals, capital goods and auto stocks.

The Sensex fell 142 points to close at 75,867, while the Nifty slipped 7 points to 23,907. In contrast, the Midcap Index advanced 260 points to 62,559. The Nifty Bank index declined 239 points to 54,854 as banking stocks remained under pressure.

Metal shares saw strong buying interest, with the sectoral index rising nearly 2%. Capital goods stocks also rallied sharply, with

CG Power, Siemens and ABB India gaining between 5% and 7%.

Also Read:Tata Motors’ Passenger Vehicle

Auto stocks largely closed higher ahead of monthly sales numbers. Bajaj Auto business and HDFC Bank were among the top gainers in the sector. Banking stocks weighed on the benchmarks, with InterGlobe Aviation emerging as one of the top drags on the indices after falling 2%.

From the Sensex basket, Hindalco Industries Ltd, Tata Motors Passenger Vehicles Ltd, Power Grid Corporation Of India Ltd, Eternal Ltd, NTPC Ltd and Bajaj Auto Ltd were the major gainers.

Oil and Natural Gas Corporation Ltd, HDFC Bank Ltd, Wipro Ltd, SBI Life Insurance Company Ltd, Infosys Ltd and Hindustan Unilever Ltd were the biggest laggards.

Also Read: ONGC

Cummins India, which operates IndiGo, ended 2% higher, tracking crude price movement. Exide Industries

was the top loser on the Nifty index after weak fourth-quarter earnings led the stock to decline more than 4%.

IDFC First Bank surged 11% after reporting fourth-quarter earnings that came in better than expectations. Carraro India extended Tuesday’s gains and ended the session 8% higher.

Among stock-specific moves, Zee Entertainment Enterprises rose 2% after receiving a ₹515 crore claim with respect to the CGFMU scheme. HFCL ended 20% off its highs after the company issued a cautious outlook for FY27.

Also Read: Kernex Microsystems

Zee Entertainment Enterprises climbed more than 10% amid talks related to FIFA World Cup broadcast rights. HFCL gained 7% following an order win, while Kernex Microsystems erased earlier gains.

Market breadth remained neutral with the advance-decline ratio at 1:1.