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Key gauges end marginally lower on Wednesday
May-27-2026

Indian equity benchmarks ended marginally lower in a volatile trade on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,407.87 crore on Tuesday. 

Some of the important factors in trade: 

India-Canada FTA talks may be concluded before end of this year: Expressing optimism over India’s free trade agreement (FTA) with Canada, Commerce and Industry Minister Piyush Goyal has said that officials of both the countries are negotiating the proposed FTA with full sincerity, and the talks could even be concluded before the end of this year. 

India, US sign framework to secure critical mineral supplies: Amid increasing concerns about China’s controls on rare earth exports and strategic metals vital to global technology supply chains, India and the US have firmed up a key framework for cooperation in ensuring steady supplies of critical minerals. 

India’s banking system doing well with annual growth rate of 15.90%: M Nagaraju, the secretary of the department of financial services under the finance ministry, has said that India’s banking system, including both public and private sector banks, is doing very well with an annual growth rate of 15.90 per cent, which is the highest ever in Indian history. 

Govt launches online portal under India Semiconductor Mission to boost investors’ confidence: In an efforts to build a resilient, trusted, and sustainable semiconductor ecosystem in India, the government has launched an online portal titled ‘Investors Support’ under India Semiconductor Mission (ISM) to boost investors’ confidence and to address their concerns.

Global front: European markets were trading higher despite lingering concerns about Middle East tensions and likely interest rate hike by the European Central Bank in June. Asian markets ended mixed as investors assessed recent U.S. military action in Iran, the fragile state of the Washington-Tehran ceasefire and optimism that a deal could still be reached.

Finally, the BSE Sensex fell 141.90 points or 0.19% to 75,867.80 and the CNX Nifty was down by 6.55 points or 0.03% to 23,907.15. 

The BSE Sensex touched high and low of 76,224.68 and 75,748.21, respectively. There were 20 stocks advancing against 10 stocks declining on the index.  

The top gaining sectoral indices on the BSE were Power up by 3.27%, Capital Goods up by 3.21%, Utilities up by 2.39%, Metal up by 1.74% and Industrials up by 1.71%, while Bankex down by 0.48%, IT down by 0.26%, Oil & Gas down by 0.21%, Energy down by 0.15% and FMCG down by 0.12% were the top losing indices on BSE.

The top gainers on the Sensex were Power Grid Corporation up by 2.56%, Eternal up by 2.54%, NTPC up by 2.14%, Tata Steel up by 2.04% and Interglobe Aviation up by 1.90%. On the flip side, ITC down by 3.25%, HDFC Bank down by 2.63%, Infosys down by 0.71%, Hindustan Unilever down by 0.53% and Reliance Industries down by 0.51% were the top losers.

Meanwhile, amid increasing concerns about China’s controls on rare earth exports and strategic metals vital to global technology supply chains, India and the US have firmed up a key framework for cooperation in ensuring steady supplies of critical minerals. On the sidelines of the Quad foreign ministers’ meeting, the framework on securing supplies of mining and processing of critical minerals was signed.

External Affairs Minister S Jaishankar described the development as ‘very timely and significant’. He stated ‘This framework aims to deepen our cooperation across the entire critical minerals and rare earth supply chain, including mining, processing, recycling and related investment.’ Further, he said the framework is expected to boost resilient and diversified supply chains, help finance projects, and ensure effective management of critical minerals and rare earths.

He said ‘It is one more sign of how close our cooperation has been in a world where there are so many challenges but also so many opportunities’. Besides, US Secretary of State Marco Rubio underlined the strategic partnership between the US and India, emphasizing its significance for the national interests of both nations. He stated ‘We are two countries that have strategic interests in ensuring reliable long-term access to critical minerals and supply chains that are important for our innovation economy.’

CNX Nifty touched high and low of 23,983.20 and 23,858.25, respectively. There were 34 stocks advancing against 16 stocks declining on the index.

The top gainers on Nifty were Tata Motors Passenger up by 4.53%, Hindalco up by 4.23%, Power Grid Corporation up by 2.73%, Eternal up by 2.21% and NTPC up by 2.09%. On the flip side, ONGC down by 4.94%, HDFC Bank down by 2.54%, HDFC Life Insurance down by 1.36%, Wipro down by 1.00% and SBI Life Insurance Company down by 0.97% were the top losers. 

European markets were trading higher; UK’s FTSE 100 increased 23.97 points or 0.23% to 10,515.36, France’s CAC rose 72.09 points or 0.88% to 8,245.20 and Germany’s DAX gained 95.11 points or 0.38% to 25,280.00.

Asian markets ended mixed on Wednesday, with Chinese and Hong Kong shares declined on escalated US-Iran tensions following Washington’s strikes in southern Iran. China punished three brokerages for illegally offering mainland Chinese investors access to overseas stocks trading without onshore licenses in an escalating attempt to control cross-border capital flows. Kospi index surged to fresh record highs as the global AI-driven semiconductor rally boosted investor appetite for Korean technology shares. South Korea's SK Hynix crossed $1 trillion market-value threshold for the first time. Japanese shares ended flat, while yen weakened beyond 159 per dollar after BoJ Governor Kazuo Ueda warned that central banks should not assess oil price movements in isolation. Meanwhile, stock markets of Singapore, Indonesia and Malaysia were closed for public holidays.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,093.73

-51.65

-1.25

Hang Seng

25,328.23

-271.22

-1.06

Jakarta Composite

--

--

--

KLSE Composite

--

--

--

Nikkei 225

64,999.41

3.32

0.01

Straits Times

--

--

--

KOSPI Composite

8,228.70

181.19

2.25

Taiwan Weighted

44,256.80

731.43

1.68

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