Nifty 50 Ended Lower For 3rd Consecutive Day, Plunging 1.50%
- Share.Market
- 5 min read
- 29 May 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex erased early gains to end a volatile trading session ~1.50% lower on Friday, May 29. The investor sentiment was dampened by geopolitical uncertainties, as US-Iran peace talks yielded no concrete results. Moreover, there has been continuous Foreign Institutional Investor (FII) selling, including ₹1,040 crore offloaded on Wednesday. Reflecting the widespread sell-off, nearly all sectoral indices closed in the red, with Nifty IT emerging as the sole index to close in the green.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
WOCKPHARMAThe Central Drugs Standard Control Organisation (CDSCO) granted Wockhardt marketing and import authorisation for its indigenously discovered and developed breakthrough antibiotic, Zaynich® (Zidebactam/Cefepime). The first-in-class antibiotic is approved for adult patients with complicated urinary tract infections (cUTI), including pyelonephritis with concurrent Gram-negative bacteremia.
GMRAIRPORTGMR Airports Ltd. released its FY26 financial results, reporting a profit of ₹400 crore for Q4 FY26, reversing a net loss of ₹253 crore in Q4 FY25. For the full 12M period ending Mar’26, the company posted a profit of ₹472 crore compared to a loss of ₹817 crore in the same period last year. Total Income for Q4 FY26 stood at ₹4,043 crore with an EBITDA of ₹1,549 crore.
HCLTECHHCL Technologies has launched an Autonomous Finance Platform powered by Google Cloud’s Gemini Enterprise to automate core finance and accounting operations. The platform integrates with existing ERP and SaaS systems to autonomously orchestrate, execute, and optimise end-to-end workflows across Invoice-to-Pay, Order-to-Cash, Financial Planning & Analysis (FP&A), and Record-to-Report.
ACMESOLARACME Solar Holdings announced that its wholly owned subsidiary, ACME Surya Power Private Limited, has commissioned an additional 34.598 MW / 155.493 MWh capacity of its Battery Energy Storage System (BESS) Project. With this addition, ACME Surya Power Private Limited reaches a total cumulative commissioned capacity of 245.536 MW / 1103.392 MWh.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty ITNIFTY IT | +0.60%+173.45 | 29080.15 |
 Nifty RealtyNIFTY REALTY | -0.25%-2.00 | 782.55 |
 Nifty MediaNIFTY MEDIA | -0.62%-8.85 | 1408.30 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 27 May 2026 | -1,042.70 | 3,821.00 |
| 26 May 2026 | -2,407.87 | 1,361.43 |
| 25 May 2026 | 821.75 | 3,856.88 |
| 22 May 2026 | -4,440.47 | 6,003.53 |
| 21 May 2026 | -1,891.21 | 2,492.42 |
| Month-to-Date | -33,260.12 | 63,936.44 |
What’s Happening Beyond Markets?
- India and Canada have launched a joint Trade and Investment Forum. Both nations reaffirmed their shared objective of concluding the Comprehensive Economic Partnership Agreement by year-end, alongside a scheduled Team Canada Trade Mission to India.
- The Reserve Bank of India (RBI) reported a massive 52% surge in foreign exchange gains, reaching ₹1.69 lakh crore in FY26. This significant income boost stems primarily from selling dollars to protect the rupee’s valuation.
- India has officially surpassed China to become the world’s largest rice producer, recording an output of 150.18 million tonnes. Furthermore, the government released 184 new high-yielding crop varieties to continuously elevate production and farmer incomes.
- RBI’s latest Annual Report projects India’s real GDP growth at a resilient 6.9% for FY27. Despite geopolitical risks in West Asia, robust domestic consumption and sustained government capital expenditure continue to drive the economy forward.
- According to a CBRE report, India is the Asia-Pacific’s most attractive data centre market, facing minimal power and labour constraints. Fueled by rising AI demands, the country’s data centre capacity is projected to cross 3 GW by 2028.
Result Update
Track who beat or missed street estimates from the Nifty50
| Stock | Revenue from Operations FY26 (Estimated) | Revenue from Operations FY26 (Actual) | Change |
| Ashok Leyland Ltd. | ₹43,819.22 cr | ₹56,362.08 cr | 🔼 28.62% |
| Lemon Tree Hotels Ltd. | ₹1,455.66 cr | ₹1,444.50 cr | 🔻 0.77% |
| Alkem Laboratories Ltd. | ₹14,606.59 cr | ₹14,712.27 cr | 🔼 0.72% |
The Hidden Red Flag That Crashed This Stock by 70%
Back to Basics
Terms that put you one step ahead – every day
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Learn more: https://www.share.market/buzz/learn/venture-capitalist/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
