Stock Market Today: May 29, 2026 – Nifty & Sensex Daily Update

Indian equity markets experienced a cautious session on May 29, 2026, with benchmark indices retreating amid a mix of global uncertainties and domestic economic data. The BSE Sensex closed at 58,912.16 points, down by 122.90 points or 0.21%, while the NSE Nifty 50 ended the day at 17,632.40, falling 92.10 points or 0.52%. Investors remain watchful as the market adjusts to both global factors and domestic policy developments.

Stock Market Today: Key Market Statistics

BSE Sensex Performance:

• Opening: 59,010.45 (+11.34 points, +0.02%)
• Day High: 59,045.80
• Day Low: 58,785.25
• Previous Close: 59,034.96
• 52-Week High: 62,400.00 (January 2026)
• 52-Week Low: 55,200.00

NSE Nifty 50 Performance:

• Opening: 17,690.20 (+15.70 points)
• Previous Close: 17,724.50
• Day Range: 17,600.30 – 17,715.90
• Monthly Performance: -1.14%
• Year-to-Date: +3.45%

Sectoral Performance on Stock Market Today

The market saw divergence in sectoral trends, led by gains in the Pharma and FMCG sectors, which rose 1.15% and 0.90% respectively. These gains were driven by strong corporate earnings and steady domestic demand.

Conversely, IT stocks declined by about 1.20%, impacted by global tech sell-offs and lingering concerns about export revenues. The Banking sector also witnessed a moderate decline of 0.32% amid some profit booking.

Top Gainers and Losers

Top Gainers:

• Sun Pharma: +2.85%
• Hindustan Unilever: +1.10%
• Dr. Reddy’s Labs: +1.75%
• Nestle India: +0.90%
• Titan Company: +0.60%

Top Losers:

• Tata Consultancy Services (TCS): -1.40%
• Infosys: -1.25%
• State Bank of India (SBI): -0.70%
• ICICI Bank: -0.85%
• Wipro: -1.10%

Market Drivers and Global Cues

The stock market today was influenced by cautious sentiment around potential US interest rate changes and trade discussions. Domestic data showing mixed industrial output growth added to the volatility.

Currency-wise, the Indian Rupee weakened slightly to 82.45 against the US Dollar, pressured by global dollar strength and foreign portfolio outflows.

Global markets closed mostly lower, with the Dow Jones down 0.48%, S&P 500 easing 0.55%, and Nasdaq sliding 0.75%. Asian markets followed suit, reflecting cautious risk sentiment.

Market Breadth and Volumes

Market breadth was negative with 1,983 stocks declining and 1,504 advancing on the BSE. The BSE Midcap index slipped 0.35%, while the BSE Smallcap index declined 0.42%, indicating subdued broader market participation.

Outlook and Technical Levels

Technical analysts suggest that Nifty faces immediate support at 17,590 and resistance near 17,750. Breaking either level could guide the near-term trend. Investors are advised to watch upcoming quarterly earnings and global macroeconomic data for clearer direction.

Additional Resources

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Meta Description: Indian stock market today on May 29, 2026, saw Nifty and Sensex decline amid global uncertainties. Read the latest sectoral updates and market outlook.