
FundedVix
May 28, 2025 at 01:58 PM
📉 1. Market Closes Lower Amid ITC Drag
The Sensex fell by 239 points, closing at 81,312.63, while the Nifty slipped below the 24,800 mark. The decline was primarily due to a significant drop in ITC shares following reports of a potential stake sale.
📈 2. Triveni Engineering Shares Surge Over 10%
Triveni Engineering's stock rallied by more than 10% after the company reported strong Q4 earnings and expressed optimism about future sugar price trends.
📈 3. Sepc Ltd Gains Despite Market Weakness
Shares of Sepc Ltd, a small-cap stock priced below ₹20, jumped over 7% after its UAE-based subsidiary secured a contract worth ₹75.6 crore.
📈 4. UPL Stock Sees Modest Gains
UPL's share price rose by approximately 0.5% during the day, with the company announcing the redemption of USD 400 million bonds issued by its Mauritius-based subsidiary.
📉 5. Wipro Trades Lower Amid Market Volatility
Wipro's stock experienced a slight decline of 0.22%, trading around ₹247.71, reflecting cautious investor sentiment in the IT sector.
📈 6. LTIMindtree Ends Session Slightly Down
LTIMindtree's shares closed at ₹5,099.30, marking a minor decrease of 0.17%, amid overall market softness.
📉 7. Coal India Shares Dip Marginally
Coal India's stock traded at ₹398.05, reflecting a 0.48% decrease, with trading volumes lower than the 7-day average.
The Economic Times
📈 8. Belrise Industries Shares Climb Over 8%
Belrise Industries' stock rose by 8.19%, trading at ₹97.37, indicating strong investor interest.
📈 9. Active Trading in Key Stocks
The most actively traded stocks by value included ITC (₹17,925.30 crore), LIC (₹2,140.39 crore), and HDFC Bank (₹1,745.78 crore), highlighting significant investor engagement.
📉 10. Nifty Faces Resistance at 25,116
The Nifty index continued to face strong resistance at the 25,116 level, with support expected around 24,700 and 24,462, indicating a choppy trading pattern.