- By Aditya Pratap Singh
- Fri, 29 May 2026 10:01 AM (IST)
- Source:JND
Stock Market Today: The domestic equity indices traded slightly volatile in early trade on Friday amid positive global cues and a sharp decline in crude prices. The key indices--Sensex and Nifty--started the session slightly up, but they declined to rise for a while due to mixed reactions from Investors.
The Sensex opened at 75,988.51 as compared to the last day's closing of 75,867.80. In the early trade, it hit a high of 76,220.02 and a low of 75,817.50, showing mild volatility. Last seen, the 30-share index was trading at 75,987.04, up 119.24 points or 0.16 per cent.
At the same time, NSE's Nifty50 was quoted at 23,916.95, up 9.80 points or 0.04 per cent.
"There are some positive trends on the economic and market front. Brent crude declining to below $ 93 is a big positive. This has happened on the expectations of a deal between the US and Iran. Therefore, if a deal happens, crude can decline further, thereby improving India’s macros, which have been under pressure from the energy crisis. This will also help stabilise the rupee, which, in turn, can restrain the FPI outflows," said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
"Already, the intensity of FPI selling has come down. A positive trend from the market perspective is that Q4 results have been better-than-expected. The double-digit earnings growth in financials, automobiles and metals is impressive," he added.
The positive momentum in early trade was buoyed by a report claiming the US and Iran reached an understanding to extend the ceasefire for another 60 days. Meanwhile, buying interest in IT stocks and firm global cues also added to the optimism.
Meanwhile, Crude prices fell significantly. In early trade, Brent Crude, the global benchmark index, was trading at a level of $92-93 per barrel.
Top Gainers And Losers
Top Gainers: Infosys, HCL Tech, TCS, Tech Mahindra, Trent, L&T, ICICI Bank, Kotak Bank, and Maruti Suzuki were the top gainers from the Sensex basket.
Top Losers: Indigo, Tata Steel, BEL, Bharti Airtel, PowerGrid, ITC, Adani Ports, and NTPC were among the losers.