Stock market today: Nifty 50, Sensex end flat after hitting fresh record highs

May 27, 2024
stock-market-today:-nifty-50,-sensex-end-flat-after-hitting-fresh-record-highs

1 min read 27 May 2024, 03:51 PM IST Trade Now

Nishant Kumar

Stock market today: Sensex closed the day 20 points, or 0.03 per cent, lower at 75,390.50, while the Nifty 50 ended 25 points, or 0.11 per cent, down at 22,932.45.

Stock market today: Sensex and Nifty 50 closed in the red after hitting their fresh record highs on Monday, May 27. (Agencies)Premium
Stock market today: Sensex and Nifty 50 closed in the red after hitting their fresh record highs on Monday, May 27. (Agencies)

Stock market today: Indian stock market benchmarks, the Nifty 50 and the Sensex closed flat after hitting their fresh record highs in intraday trade on Monday, May 27, on profit booking at higher levels amid mixed global cues.

After opening higher, the Sensex and the Nifty 50 hit their fresh all-time highs of 76,009.68 and 23,110.80, respectively, during the session. Both indices, however, failed to hold gains, and profit booking at higher levels resulted in mild losses.

Sensex closed the day 20 points, or 0.03 per cent, lower at 75,390.50, while the Nifty 50 ended 25 points, or 0.11 per cent, down at 22,932.45.

Heavyweight stocks, such as Reliance Industries, ITC, and Mahindra, ended as the top drags on the Nifty 50. On the other hand, HDFC Bank, Axis Bank, and Larsen & Toubro provided the strongest support to the index. 29 stocks ended in the green in the Nifty 50 index.

Mid and smallcaps outperformed the benchmarks. The Nifty Midcap 100 index rose 0.64 per cent, while the Nifty Smallcap 100 index jumped 0.81 per cent.

(More to come)

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Published: 27 May 2024, 03:34 PM IST

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