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Bloomberg Quint

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Image Credit: Bloomberg Quint

Stock Market Today: All You Need To Know Before Going Into Trade On May 27

  • The NSE Nifty 50 closed 148 points, or 0.60% higher at 25,001 and the BSE Sensex ended 455.37 points, or 0.56% up at 82,176.
  • Foreign portfolio investors mopped up stocks worth Rs 136 crore, while domestic institutional investors stayed net buyers for the fifth straight day.
  • Key earnings to watch include companies like Life Insurance Corporation of India, Bosch, ITI, NMDC, Procter & Gamble Hygiene and Health Care, among others.
  • Post-market earnings highlights cover companies like Aurobindo Pharma, Brainbees Solutions, Hi-Tech Pipes, Schneider Electric, Shilpa Medicare, and Sumitomo Chemical.
  • Stocks in the news include Garden Reach Shipbuilders & Engineers, InterGlobe Aviation, PG Electroplast, KEI Industries, and Thirumalai Chemicals, among others.
  • IPO offerings like Aegis Vopak Terminals and Schloss Bangalore (Leela Hotels IPO) are subscribed partially, while Prostarm Info Systems is set to offer shares for bidding.
  • In trading tweaks, price bands change, companies announce dividends, and Nifty May Futures and Options cues are observed along with currency update.
  • The Indian rupee strengthened by 12 paise to close at 85.1 against the US dollar on Monday amid various global and domestic economic factors.

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