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EQUITY
Post Session: Quick Review
May-27-2026

Indian equity benchmarks ended flat with negative bias in range-bound trading session on Wednesday. After making a cautious start, soon indices traded in green terrain supported by selective buying in heavyweight stocks. However, the markets failed to sustain gains and swung between red and green throughout the session amid lingering geopolitical uncertainty in the Middle East.

Some of the important factors in trade:

Continued selling by FIIs : Sentiments remained downbeat after Foreign Institutional Investors (FIIs) turned net sellers on May 26, 2026, with a net outflow of Rs 2,407.87 crore.

India-Canada FTA talks may be concluded before end of this year: Traders took note of Commerce and Industry Minister Piyush Goyal’s statement that officials of India and Canada are negotiating the proposed free trade agreement (FTA) with full sincerity, and the talks could even be concluded before the end of this year.

India’s banking system doing well with annual growth rate of 15.90%: Traders overlooked report that M Nagaraju, the secretary of the department of financial services under the finance ministry, has said that India’s banking system, including both public and private sector banks, is doing very well with an annual growth rate of 15.90 per cent, which is the highest ever in Indian history. 

On the global front: European markets traded higher, supported by gains in automobile and chemical stocks. Asian markets ended mixed amid a rally in technology shares and easing geopolitical concerns.

The BSE Sensex ended at 75867.80, down by 141.90 points or 0.19% after trading in a range of 75748.21 and 76224.68. There were 20 stocks advancing against 10 stocks declining on the index. (Provisional)

The gaining sectoral indices on the BSE were Power up by 3.27%, Capital Goods up by 3.21%, Utilities up by 2.39%, Metal up by 1.74% and Industrials up by 1.71%, while Bankex down by 0.48%, IT down by 0.26%, Oil & Gas down by 0.21%, Energy down by 0.15% and FMCG down by 0.12% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Power Grid Corp up by 2.80%, Eternal up by 2.32%, NTPC up by 2.14%, Tata Steel up by 1.97% and Interglobe Aviation up by 1.53%. On the flip side, ITC down by 3.15%, HDFC Bank down by 2.56%, ICICI Bank down by 0.59%, Infosys down by 0.47% and Hindustan Unilever down by 0.45% were the top losers. (Provisional)

Meanwhile, showcasing sustained demand for rupee liquidity amid changing market landscapes, the Reserve Bank of India (RBI) has received robust response for its USD/INR Buy/Sell swap auction with nearly twice subscriptions than the notified amount of $5 billion. 

Participants in the auction placed bids totaling $9.80 billion against the announced $5 billion offer.  The RBI received 254 bids at the auction and accepted 141 bids. The bid to cover ratio stood at 1.96. The cut-off premium was established at 910 paise, with weighted average premium of accepted bids at 920.64 paise.

Further, the partial allotment as percentage of competitive bids at cut-off premium stands at 18.10 per cent. The swap arrangement is set for a three-year term, with settlements planned for May 29, 2026, and May 29, 2029.

The CNX Nifty ended at 23907.15, down by 6.55 points or 0.03% after trading in a range of 23858.25 and 23983.20. There were 34 stocks advancing against 16 stocks declining on the index. (Provisional)

The top gainers on Nifty were Hindalco up by 4.16%, Tata Motors Passenger up by 3.98%, Power Grid Corp up by 2.60%, Eternal up by 2.53% and NTPC up by 2.17%. On the flip side, ONGC down by 4.68%, ITC down by 3.22%, HDFC Bank down by 2.60%, HDFC Life Insurance down by 1.49% and Wipro down by 1.06% were the top losers. (Provisional)

European markets were trading higher; France’s CAC rose 73.89 points or 0.9% to 8,247.00, Germany’s DAX gained 127.11 points or 0.5% to 25,312.00 and UK’s FTSE 100 increased 28.34 points or 0.27% to 10,519.73.

Asian markets ended mixed on Wednesday, with Chinese and Hong Kong shares declined on escalated US-Iran tensions following Washington’s strikes in southern Iran. China punished three brokerages for illegally offering mainland Chinese investors access to overseas stocks trading without onshore licenses in an escalating attempt to control cross-border capital flows. Kospi index surged to fresh record highs as the global AI-driven semiconductor rally boosted investor appetite for Korean technology shares. South Korea's SK Hynix crossed $1 trillion market-value threshold for the first time. Japanese shares ended flat, while yen weakened beyond 159 per dollar after BoJ Governor Kazuo Ueda warned that central banks should not assess oil price movements in isolation. Meanwhile, stock markets of Singapore, Indonesia and Malaysia were closed for public holidays.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,093.73

-51.65

-1.25

Hang Seng

25,328.23

-271.22

-1.06

Jakarta Composite

--

--

--

KLSE Composite

--

--

--

Nikkei 225

64,999.41

3.32

0.01

Straits Times

--

--

--

KOSPI Composite

8,228.70

181.19

2.25

Taiwan Weighted

44,256.80

731.43

1.68

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