WEEKLY REPORT
For the week, the BSE Sensex fell by 872.06 points, or 1.15%, to close at 74,775.74, while the Nifty 50 declined by 434.55 points, or 1.81%, to settle at 23,547.75.
Major Gainers in the week: Telecom Cables (up over 25.54%), IT Networking Equipment (around 18.27%), and Utilities: Non-Electrical Industry (10.01%).
Sectoral Laggards: Exploration & Production (down 9.18%), Healthcare Supplies (down 6.42%), and Cigarettes-Tobacco (down 6.3%).
Among the broader market indices, the Nifty Mid-cap index ended slightly negative, down 0.19%, while the Nifty Small-cap index gained ground, ending positive by 0.91% this week.
Between May 25 and May 29, 2026, FIIs were net sellers with cumulative cash market outflows of ₹23,734.68 crore, while DIIs remained strong buyers with inflows of ₹25,803.45 crore. FII activity in derivatives also reflected a bearish stance during this period, particularly in Index Futures and Options.
The Indian rupee performed positively during the week, appreciating by ₹0.71 to settle at ₹94.99 against the US dollar on May 30, 2026, compared with ₹95.70 in the previous week.
ECONOMY
ASIA – Markets Rally as Peace Hopes Lift Sentiment
Asia got its first real dose of good news in weeks. On May 25, Japan’s Nikkei 225 crossed 65,000 for the first time ever, as oil prices dipped on hopes of a Hormuz Strait reopening. Singapore added fuel to the optimism: the city revised its Q1 GDP growth sharply higher to 6% — up from a 4.6% advance estimate — and reported April inflation coming in below expectations at 1.8%, with analysts noting a “credible path to imported cost relief” if peace talks progress. Meanwhile, Australia’s CPI unexpectedly fell to 4.2% in April from 4.6% in March, dimming any chance of a June rate hike and pushing the Australian dollar lower. It remains a case of cautious optimism rather than celebration, but Asia’s mood this week was measurably better.
EUROPE – Energy Bills Rise, ECB Holds Its Nerve
Europe enjoyed no such relief. On May 28, UK household energy bills were announced to jump 13% as the geopolitical energy shock hit consumers directly. On May 27, the ECB’s Vice President warned that market correction risks are elevated as stocks hit record highs — a rare public caution from Frankfurt. A day earlier, on May 26, the Bank of France Governor stated the ECB “will do what is necessary” to tame inflation, signaling that rate hikes remain firmly on the table despite the growth slowdown. Europe is currently caught between markets running hot and an economy running cold.
INDIA – RBI Speaks: Strong Economy, Real Risks
India’s biggest economic story of the week arrived on May 29. The RBI released its Annual Report 2025–26, projecting India’s real GDP at 6.9% for FY27 and calling the economy resilient despite high energy costs, rising logistics challenges, and volatile global markets. FY26 closed strongly with 7.6% growth, alongside UPI transactions crossing 200 billion in a single year for the first time. However, the RBI was clear-eyed on risks: CPI inflation is projected at 4.6% for FY27 — more than double the 2.1% seen in FY26 — with risks “tilted to the upside” due to West Asia tensions. In response, the RBI has paused its monetary easing cycle, holding the repo rate steady at 5.25%. The metrics look strong on paper, but the central bank isn’t pretending the road ahead will be completely smooth.
STOCKS IN NEWS
Zee Entertainment Enterprises
Shares of Zee Entertainment Enterprises surged more than 11% this week after the company confirmed it was in discussions with FIFA to secure broadcasting and streaming rights for the 2026 FIFA World Cup in India.
Waaree Energies
Shares of Waaree Energies traded higher, gaining nearly 5% this week after the government announced there would be no blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II deadline beyond June 1, 2026.
Adani Green Energy
Shares of Adani Green Energy rose more than 7% this week following the company’s announcement of the commissioning of the world’s largest single-location battery energy storage system outside China.
Coffee Day Enterprises
Shares of Coffee Day Enterprises, which operates the Café Coffee Day (CCD) outlets, rocketed more than 40% on news of Siddaramaiah’s decision to step down as Karnataka Chief Minister, paving the way for new leadership in the state.
