On Friday, May 31, the Indian stock market indices, Sensex and Nifty 50, ended the day with modest gains, breaking a five-day losing streak. Investors are now focusing on the final phase of the General Election 2024, scheduled for Saturday, June 1, with exit poll results to follow shortly after.
#### Market Highlights
– **Nifty 50:** Closed at 22,488.65, up by 0.19%. The intraday high was 22,653.75 and the low was 22,465.1.
– **Sensex:** Ended 0.1% higher at 73,885.6, up 75.71 points from the opening, with an intraday range between 74,478.89 and 73,765.15.
– **Nifty Midcap 50:** Outperformed the Nifty 50, closing 0.37% higher.
– **Nifty Small Cap 100:** Also outperformed, ending at 16,612.85, up 83.85 points or 0.5%.
#### Nifty 50 Performance Over Time
– **Last 1 week:** -1.89%
– **Last 1 month:** -0.36%
– **Last 3 months:** 2.46%
– **Last 6 months:** 11.88%
– **Last 1 year:** 21.53%
#### Top Gainers and Losers
**Nifty 50:**
– **Top Gainers:**
– Adani Enterprises: +6.80%
– Adani Ports & Special Economic Zone: +3.90%
– Shriram Finance: +2.23%
– Coal India: +1.88%
– Tata Steel: +1.86%
– **Top Losers:**
– Divis Laboratories: -2.39%
– Nestle India: -2.08%
– Tata Consultancy Services: -1.74%
– Maruti Suzuki India: -1.58%
– LTI Mindtree: -1.49%
**Sensex:**
– **Top Gainers:**
– Tata Steel: +1.80%
– Bajaj Finance: +1.32%
– HDFC Bank: +1.07%
– Power Grid Corporation Of India: +0.96%
– IndusInd Bank: +0.92%
– **Top Losers:**
– Nestle India: -2.08%
– Tata Consultancy Services: -1.77%
– Maruti Suzuki India: -1.51%
– Axis Bank: -0.82%
– Infosys: -0.81%
**Bank Nifty:**
– **Closing Value:** 48,682.35
– **Intraday High:** 49,122.55
– **Intraday Low:** 48,569.05
– **Performance:**
– **Last 1 week:** -0.02%
– **Last 1 month:** -0.88%
– **Last 3 months:** 6.16%
– **Last 6 months:** 10.08%
– **Last 1 year:** 10.96%
#### Broader Market Performance
**Nifty MidCap 50:**
– **Top Gainers:**
– Suzlon Energy
– Vodafone Idea
– GMR Airports Infrastructure
– NMDC
– HDFC Asset Management Company
– **Top Losers:**
– Page Industries
– Max Healthcare Institute
– Tube Investments Of India
– Persistent Systems
– Alkem Laboratories
**Nifty Small Cap 100:**
– **Top Gainers:**
– NLC India
– Blue Star
– Baheti Recycling Industries
– Great Eastern Shipping Company
– Housing & Urban Development Corporation
– **Top Losers:**
– Swan Energy
– Arham Technologies
– Jyothy Labs
– PNB Housing Finance
– Firstsource Solutions
**BSE:**
– **Top Gainers:**
– ZF Commercial Vehicle Control Systems India: +9.41%
– PB Fintech: +8.95%
– Adani Total Gas: +8.70%
– NLC India: +8.43%
– Adani Power: +8.37%
– **Top Losers:**
– Welspun Corp: -8.58%
– IPCA Laboratories: -7.36%
– Page Industries: -5.26%
– Swan Energy: -4.99%
– FDC: -4.97%
**NSE:**
– **Top Gainers:**
– ZF Commercial Vehicle Control Systems India: +9.42%
– Adani Total Gas: +8.80%
– PB Fintech: +8.77%
– NLC India: +8.39%
– Adani Power: +8.22%
– **Top Losers:**
– Welspun Corp: -8.74%
– IPCA Laboratories: -7.78%
– FDC: -5.76%
– Page Industries: -5.29%
– Swan Energy: -5.00%
Overall, the market’s modest gains on Friday were a positive sign amid the prevailing uncertainty due to the General Election 2024, with investors showing cautious optimism.
