Sensex and Nifty Snap Losing Streaks, Nifty Ends 0.27% Higher

India's stock markets experienced a volatile session on May 31, 2024, with both the S&P BSE Sensex and the Nifty 50 indices snapping their multi-day losing streaks. The Sensex climbed 525.19 points to 74,410.79 in early trade and eventually settled at 73,961.31, gaining a total of 75.71 points. The Nifty 50 rose 131.25 points to 22,619.90 in early trade and closed at 22,530.70, registering a gain of 42.05 points and ending 0.27% higher. Adani Enterprises and Adani Ports led the recovery, contributing significantly to the market's performance. The market breadth was almost neutral with an advance-decline ratio of 1:1. Financial stocks, along with Adani Group stocks, provided a boost amid the volatility ahead of the poll results.