Stock Market LIVE Highlights: Nifty Below 23,600 as Sensex Drops 880 Points; IT Holds Firm in Weak Session
✍️ Written by: Priyanka Roshan
Stock Market LIVE Updates: Can Positive Global Cues Push Nifty Back Past 24,000 Post-Bakrid Holiday? Reliance, Adani, Zydus in Focus
Stock Market LIVE Updates: Welcome back to Dalal Street after the Bakrid market holiday on Thursday. The trading week is a truncated one, but there could still be enough excitement in the Friday session as market participants are now expecting to see if the markets can make a strong finish to the week. It was a relatively quiet session, with most market participants wanting to maintain caution amid varied global leads and geopolitics, as both the Sensex closed lower by 141.90 points at 75,867.80 and the Nifty 50 closed lower by 6.55 points at 23,907.15, registering an indecisive market.
The GIFT Nifty was up 8 points, or 0.03%, at 23,881.50 at 7:06 AM, citing a flat to positive start.
There are, however, some positives heading into today’s trade. Market participants will be pleased to see crude oil prices remain under $100 a barrel. Global sentiment has also improved enormously. Wall Street hit new record highs overnight, led by technology stocks on easing geopolitical concerns and investor confidence.
Asian markets have also taken up the positive baton. Japan’s Nikkei, South Korea’s Kospi and Australia’s ASX 200 were all firmly in the green in early trade, suggesting that global investors are willing to take on a bit more risk today.
Back home, expect stock-specific action to dominate the session. Stocks like Zydus Lifesciences, Reliance Industries, Adani Group companies, Coal India and Ashok Leyland could be under the observation of traders.
Will Nifty manage to retrace 24,000? Can positive global signals guide the bulls higher after a flat week? We will be keeping track of every move as it unfolds.
Follow us for all the LIVE updates on the Sensex, Nifty 50, top movers, sector trends, expert views and the biggest market-moving developments through the day.
Live Updates
- 15:39 (IST) 29 May 2026
Stock Market LIVE Updates: Closing Bell
Broad Market Performance Nifty 50 slipped below 23,600 Sensex fell nearly 880 points Midcap index down 1.4% Smallcap index down 1% Overall market sentiment remained weak and jittery Sector Performance Auto: Among the top laggards, down around 2% Metal: Weak session, fell nearly 2% Energy: Under heavy pressure, down around 2% Oil & Gas: Declined sharply, around 2% loss Banking & Financials: Broad weakness added to overall decline FMCG: Mixed to negative tone with mild pressure Realty: Ended lower along with broader market weakness IT: Only major sector in the green, supported the market Top Nifty Losers Eicher Motors IndiGo (InterGlobe Aviation) Power Grid Corporation ONGC Bajaj Auto Top Gainers Tech Mahindra HCL Technologies Wipro Larsen & Toubro (L&T) ...
- 13:07 (IST) 29 May 2026
Stock Market LIVE Updates: PC Jeweller Shares Rise Up To 8% As Q4 Profit Rises 61%
PC Jeweller India’s share price rose as much as 8% to their day high of Rs 10.48 on the BSE in Friday’s trading session after the company reported over a 6% increase in Q4 net profit to Rs 150 crore.
- 13:01 (IST) 29 May 2026
Stock Market LIVE Updates: JP Power Share Price In Focus, Swings as Adani Deal Progresses; New Stake Acquisition Keeps Traders on Edge
JP Power remains volatile as Adani deal-led sentiment drives sharp swings. Short-term pressure persists, but structural optimism builds on expectations of stronger backing, stability, and improved long-term operational confidence.
Read more here.
- 12:41 (IST) 29 May 2026
Stock Market LIVE Updates: Did LIC Shares Really Crash 50% Today Or Was It Just A Bonus Adjustment? Here’s What Investors Need To Know
Investors tracking Life Insurance Corporation of India (LIC) might have been startled to see the stock open at nearly half of its previous closing price on Friday. Initially, it seemed as if the insurance giant had taken a one-day nose dive. The reality is very different. The seeming 50% decline was due to LIC’s maiden 1:1 bonus share issue coming into effect on May 29, which was the company’s record date. The share price dropped to reflect the greater number of shares outstanding, but shareholder wealth was unchanged.
Read more here.
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Is Vodafone Idea Finally Turning the Corner For Investors? CRISIL Upgrade Pushes Telecom Giant Into the Spotlight
Vodafone Idea shares rally on CRISIL upgrade, improving operations, and strong subscriber trends. Investors are cautiously optimistic as the telecom giant signals early recovery, though long-term stability remains uncertain.
Read more here.
