Stock Market Today: 109 Stocks Hit 52-Week Highs, 43 at Lows as Sensex, Nifty End Lower

Mumbai, May 30, 2025 — Indian equity benchmarks ended on a tepid note today as the Sensex and Nifty 50 closed marginally lower, tracking mixed global signals and profit-booking in heavyweight sectors. However, in a stark divergence, 109 stocks surged to their 52-week highs while 43 stocks slipped to 52-week lows, indicating a fragmented market sentiment.

Benchmark Indices Fall Amid Global Uncertainty

The BSE Sensex fell by 116 points or 0.15% to close at 75,722, while the NSE Nifty 50 slipped 34 points or 0.15% to settle at 22,998, just below the crucial 23,000 mark. The broader market, however, showcased resilience with the Nifty Midcap 100 and Nifty Smallcap 100 ending in the green, suggesting strong investor interest in non-index stocks.

“The market is exhibiting classic signs of consolidation after a strong rally earlier this month. With global uncertainties and anticipation around key macroeconomic data, investors are cautious,” said Rajesh Bhatia, Head of Research at Ventura Securities.

Sectoral Mixed Bag: FMCG Gains, Banks Decline

Sectorally, FMCG and Pharma stocks saw buying interest, while Banking, IT, and Realty stocks came under pressure. The Nifty FMCG index rose 0.6%, driven by gains in Hindustan Unilever and Dabur, as investors sought defensive bets. On the other hand, the Nifty Bank index declined 0.4%, dragged down by HDFC Bank and ICICI Bank.

“Banking stocks are reacting to concerns over narrowing net interest margins and muted credit growth forecasts for Q1 FY26,” explained Swati Desai, Equity Strategist at Kotak Securities.

Market Breadth: 109 Stocks at 52-Week Highs, 43 at Lows

Despite the benchmarks turning red, market breadth remained positive. As many as 109 stocks touched their 52-week highs, reflecting confidence in selected pockets. Some notable names include:

• Adani Ports

• Zomato

• Hindustan Aeronautics Ltd (HAL)

• Mazagon Dock

• Titagarh Rail Systems

Conversely, 43 stocks hit 52-week lows, including Vodafone Idea, Suzlon Energy, and YES Bank, signaling continued weakness in certain high-debt or underperforming counters.

“This divergence is reflective of a polarised market. Investors are cherry-picking quality midcaps and sectoral leaders while exiting laggards with poor fundamentals,” noted Manoj Jain, Senior Market Analyst at Prithvi Finmart.

Global Cues and Economic Data in Focus

Global markets were mixed, with Wall Street futures trading flat and Asian indices showing mild losses. The sentiment remains jittery as investors await US PCE inflation data and a slew of central bank commentaries scheduled later this week. Domestically, the upcoming release of India's Q4 GDP data and fiscal deficit numbers also kept investors on edge.

“We’re in a wait-and-watch mode. While India’s macro setup remains strong, global volatility and election-related uncertainty ahead of June 4th’s Lok Sabha results are keeping large investors cautious,” said Ritu Arora, CIO at Mirae Asset India.

Technical View: Resistance at 23,200, Support at 22,800

From a technical standpoint, Nifty 50 continues to face resistance around the 23,200 level, while support lies near 22,800. Analysts suggest a breakout above 23,200 may trigger fresh buying momentum, especially ahead of the general election results next week.

“We expect Nifty to consolidate between 22,800 and 23,200 in the short term. A clear breakout on either side will determine the next trend,” said Amit Goel, Technical Analyst at HDFC Securities.

Investor Outlook: Volatility Ahead, Stay Selective

For retail and long-term investors, the current market environment calls for cautious optimism. While mid and smallcaps continue to attract inflows, experts warn of stretched valuations in some sectors.

“It's advisable to stay invested in quality names with strong earnings visibility. Avoid chasing momentum blindly, especially in stocks that have already rallied significantly,” advised Neha Sethi, Portfolio Manager at InCred Wealth.

Key themes to watch in coming sessions:

• Q4 GDP and fiscal deficit data

• June 4 election outcome

• US PCE inflation report

• Crude oil and INR movement

Conclusion

The Indian stock market ended lower on May 30, but the rally in broader markets and the high number of 52-week highs point to undercurrents of bullish sentiment in select sectors. Investors should brace for volatility as key events approach, but opportunities remain for those who stay disciplined and selective.