Market Wrap: Nifty and Sensex Close in Red as Printing & Stationery Sector Tumbles
By ScanX News Team
Indian stock markets ended negative on May 28, 2025, with Nifty 50 down 0.30% at 24,752.45 and Sensex down 0.29% at 81,312.32. Cables and Aviation sectors led gains, while Printing & Stationery faced losses. Ravindra Energy surged 20% on EV agreement news. Market breadth remained slightly positive with 2,220 advancing stocks out of 4,321 traded.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed on a negative note on May 28, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, ending in the red. The Nifty 50 closed at 24,752.45, down 73.75 points or 0.30% from its previous close. Similarly, the BSE Sensex ended the day at 81,312.32, shedding 239.31 points or 0.29%.
Sectoral Performance
The market witnessed a mixed bag of sector-wise performance, with some sectors showing significant gains while others faced substantial losses.
Top Performing Sectors
- Cables (Avg. Per Change: +3.49%)
- Aviation (Avg. Per Change: +2.91%)
- Engineering Services (Avg. Per Change: +2.84%)
- Trading (Avg. Per Change: +2.28%)
Top Losing Sectors
- Printing & Stationery (Avg. Per Change: -3.99%)
- Diamond, Gems and Jewellery (Avg. Per Change: -1.89%)
- Beverages (Avg. Per Change: -0.74%)
Buzzing Stocks
Several stocks made headlines during the trading session:
Ravindra Energy Ltd (up 20.00%): The company's associate, Energy in Motion, signed an exclusive agreement with Beiqi Foton Motor Co. Ltd. to launch electric heavy commercial vehicles in India. The company also reported a significant turnaround in Q4 results.
Techno Electric & Engineering (up 14.98%): The company reported an 86% increase in Q4 revenue and doubled its EBITDA with margin expansion.
Apollo Micro Systems Ltd (up 13.80%): The company won an order valued at 114 crore rupees.
Oriental Aromatics Ltd (down 10.44%): The company reported a decrease in Q4 EBITDA and net profit compared to the previous year.
Tarsons Products Ltd (down 8.15%): Despite an increase in revenue and EBITDA, the company's standalone net profit decreased in Q4.
Market Breadth
The overall market breadth was slightly positive:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,321 |
| Positive | 2,220 |
| Negative | 2,101 |
Conclusion
The Indian stock markets ended the day on a subdued note, with key indices closing marginally lower. While sectors like Cables and Aviation showed strength, Printing & Stationery and Diamond, Gems and Jewellery sectors faced significant pressure. The market breadth remained marginally positive, indicating a balanced sentiment among investors.
