May 30, 10:15 AM

Sensex Closes at 81,633 and Nifty at 24,834 With May Gains Before June Starts Lower Amid IT and Tariff Concerns

The Indian stock market experienced mixed movements at the end of May and the start of June 2025. On May 29, the Sensex rose by 321 points, or 0.39%, closing at 81,633, while the Nifty gained 81 points, or 0.33%, to settle at 24,834. This marked a recovery as both indices swung back into the green on the monthly futures and options expiry, with the Nifty ending the May series with over 2% gains and midcap stocks continuing to outperform. However, the market opened June on a weaker note, with the Nifty closing near the 24,750 mark, down 0.3% for the day and marking a second consecutive week of losses. Broader markets outperformed the Nifty and Nifty Bank segments amid pressure on IT stocks and concerns over tariffs. Key gainers on May 30 included Eternal (+4.98%), SBI (+2.09%), HDFC Bank (+0.73%), L&T (+0.46%), and Dr Reddy's (+0.22%), while notable losers were Bajaj Auto (-3.10%), Hindalco Industries (-2.51%), HCL Tech (-1.99%), Shriram Finance (-1.98%), and Nestle India (-1.69%). Overall, the Nifty closed May with a gain of 1.8%.