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Benchmark indices rebounded early on May 26, with both Sensex and Nifty higher by 0.5% each during mid-day trade, supported by strong gains.
At closing, the Sensex was up 455.37 points or 0.56 percent at 82,176.45, and the Nifty was up 148.00 points or 0.60 percent at 25,001.15. About 2213 shares advanced, 1700 shares declined, and 187 shares remained unchanged.
Bajaj Auto, JSW Steel, M&M, Hindalco, and Trent were among the major gainers on the Nifty, while losers were only Eternal, Kotak Mahindra, Ultra Tech Cement, Power Grid Corp, and Sun Pharma.
All major sectoral indices were in the green, led by auto, IT, and energy stocks. The Nifty Auto index rose over 1%, while IT and energy stocks also posted solid gains.
Broader indices outperformed, with the Nifty Midcap and Smallcap indices rising 0.44% and 0.59%, respectively, indicating renewed risk appetite among investors.
STOCKS TODAY
Balakrishna Industries
Mumbai-based multinational tyre manufacturing company’s shares went down as much as 7 percent after the company reported a sharp 25 percent decline in standalone net profit for the March quarter and laid out an aggressive capex plan to diversify into competitive tyre segments. The market appeared wary of rising costs and execution risks linked to the company’s strategic shift.
BEML
Bharat Earth Movers Limited shares price jumped in Monday’s trading session on strong FY26 guidance. The company’s shares surged more than 15 percent on the back of renewed investor sentiment over its strong order book outlook and healthy quarterly results. The shares closed at Rs 4,294.60 per share.
Gillette India
The shares of Gillette India sharply surged over 11 percent on May 26 after the company reported strong earnings for the January-March quarter (Q3) and a dividend. The shares of the company were trading at around Rs 9,726 apiece in the afternoon.
Tata Motors
Shares of Tata Motors gained by around 1.5 percent to Rs 727 per share on May 26, following an announcement from US President Donald Trump, who has postponed the imposition of 50 percent tariffs on European Union imports until July 9.
One97 Communication
Digital platform Paytm gained nearly 2 percent in the early trade on May 26 after a company filing said that the Supreme Court has stayed a GST show cause notice worth Rs 5,712 crore against its private subsidiary First Games Technology.
GE Vernova T&D
The company’s shares saw a steep increase at the start of the day. The stock stayed in the 10% upper circuit band of ₹2,072.70 on the BSE. These increases occurred after the company on Friday reported a nearly threefold jump in its net profit to ₹186.49 crore for the March quarter, mainly on the back of higher revenues.
Source – Money Control
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