Indian equities despite weak Asian markets opened with mild gains on the first trading day of the June series. At the open, NSE’s Nifty 50 opened with gains of 3.85 points or 0.02 per cent at 24,837.45, while the BSE Sensex was up 26.05 points or 0.03 per cent at 81,659.07.
Meanwhile, the Bank Nifty traded with tad gains- led by counters including IDFC First Bank, Bank of Baroda, Punjab National Bank among others.
From the Nifty50 pack, top gainers included stocks like Coal India, L&T, Jio Financial, Grasim and Cipla, while laggards included stocks like Bajaj Auto, Tech Mahindra, Infosys, Hindalco and HCL Technologies.
Sectoral performance
In a mixed show, only FMCG and oil & gas indices posted mild gains, while all other indices faced selling pressure, with IT and metal pack leading the losses.
The indices are seeing pressure as an appeals court reinstated US President Donald Trump’s ‘Liberation Day’ trade tariffs which were earlier blocked on the prior day.
Stocks in news today
Results:
NIFTY: Apollo Hosp (Variable),
FNO: Vodafone Idea (post-market), Inox Wind (Post Market), Nykaa (Variable), Titagarh (Post- Market),
9 New securities to be included in F&O
BDL, Kaynes Tech, Mankind Pharma, Mazagon Dock, RVNL, Fortis Healthcare, Piramal Pharma, Uno Minda, Bluestar
MSCI changes to take place from closing
GDP data for Q4 (Est 6.7%)
RBI Monetary and Credit Information Review
Vodafone Idea & RK Forgings: Board Meet to consider results & fundraise
India Glycol: Board Meet to consider share split
Spandana Sphoorty & Dalmia Bharat: Board Meet to consider fundraise
Change in Price Band of Garden Reach Shipbuilders to 10% from 20%
Ex-Date
Bajaj Finance: Final Dividend of Rs. 30
Infosys: Final Dividend of Rs. 22
Angel One: Final Dividend of Rs. 26
Asian markets
Asian markets in early trade on Friday (May 30, 2025) traded on a weak note mirroring losses in the Wall Street market in the overnight trade. The market sentiment also was impacted amid uncertainty around legal actions on tariffs as well as concerns over economic state of the US.
The key MSCI Asia ex Japan index was down 0.49 per cent or 2.99 at 610.67.
At the last count, Japan’s Nikkei was down 1.41 per cent, Hong Kong’s Hang Seng was down 1.6 per cent and similarly Singapore’s Straits Times traded with weakness of 0.25 per cent.
Meanwhile, South Korea’s Kospi was down 0.6 per cent.
