Nifty Top Gainers And Losers On May 27: Jio Financial Rallies; UltraTech Cement, ITC Lead Declines
- 27th May 2025
- 03:30:00 PM
- 2 min read
Mumbai, 27th May – Indian equity benchmarks snapped their two-day winning streak on Monday, weighed down by broad-based profit booking across sectors. Despite opening in the green, the SENSEX and NIFTY50 ended sharply lower as selling pressure intensified in heavyweight stocks.
The BSE SENSEX closed 643 points or 0.78% down at 81,552, while the NSE NIFTY50 slipped 175 points or 0.70% to settle at 24,826. Intraday, the Nifty had fallen as much as 1.19% to hit a low of 24,704.10, while the Sensex declined 1.28% to 81,121.70 before recouping some losses.
Heavyweights including ICICI Bank, HDFC Bank, Reliance Industries, ITC, Axis Bank, Tata Consultancy Services, Infosys, and Mahindra & Mahindra collectively accounted for over 350 points of the SENSEX’s decline.
Top Gainers and Losers
Key Triggers
Jio Financial Services surged 3.87% to ₹292.65, emerging as the top gainer on the Nifty 50 after its joint venture with BlackRock — Jio BlackRock Asset Management — received SEBI’s approval to operate as an investment manager in India.
IndusInd Bank gained 2.61% to ₹821 amid sustained interest in select private sector banks following healthy quarterly performance and positive sector outlook.
Trent advanced 0.80% to ₹5,570, marking its second consecutive day of gains on continued momentum in retail segment stocks.
On the downside, UltraTech Cement plunged 2.28% to ₹11,422 amid weakness in cement stocks triggered by the early arrival of monsoon rains, which could potentially delay infrastructure demand.
JSW Steel fell 2.02% to ₹1,013.7 as global metal prices softened and demand sentiment weakened.
ITC declined 1.85% to ₹433.9, extending losses as investors turned cautious on FMCG names amid rising input cost pressures and stretched valuations.
Tata Motors and Grasim also came under pressure, falling 1.65% and 1.63% respectively, on the back of broader weakness in auto and manufacturing-related counters.
Bottomline
Markets ended lower on May 27, reversing recent gains amid profit booking in key sectors including banking, FMCG, and metals. The decline in heavyweight stocks dragged the benchmarks despite selective strength in financial and pharma names. With the onset of monsoon and key macro data ahead, market volatility is expected to persist in the near term.
PL Capital Desk
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
