The Indian stock market opened on a bearish note on Tuesday, May 27, 2025, amid subdued global cues and a cautious trading environment. The benchmark indices, Sensex and Nifty, traded lower in early trading sessions, dragged down by weakness in information technology, banking, and auto sectors.

At 9:30 am, the Sensex was down by 749.48 points, or 0.91 per cent, and stood at 81,426.97. Meanwhile, the Nifty Fifty declined by 190.60 points, or 0.76 per cent, trading at 24,810.55.

The broader market showed mixed trends, with the Nifty Midcap 100 index slipping marginally by 0.06 per cent, while the Nifty Smallcap 100 index rose slightly by 0.12 per cent.

Sector-wise, the Nifty IT index was the biggest loser, declining by 0.96 per cent. Other sectors that faced selling pressure included Nifty Private Bank, which fell by 0.80 per cent; Nifty FMCG, down by 0.65 per cent; Nifty Auto, declining by 0.63 per cent; and Nifty Oil and Gas, which dropped by 0.56 per cent.

Among individual stocks, Grasim Industries was the biggest laggard, falling by 1.90 per cent. Other notable decliners included NTPC, down 1.54 per cent; Axis Bank, declining 1.52 per cent; Ultratech Cement, down 1.47 per cent; and Tata Consumer Products, slipping by 1.20 per cent.

On the other hand, a few stocks managed to stay in the green. Bharat Electronics gained 0.34 per cent, Hindalco Industries increased by 0.33 per cent, Dr Reddy’s rose 0.22 per cent, and Apollo Hospitals edged up marginally.

Early trading data indicated a cautious sentiment among investors. Out of 2,391 stocks traded on the National Stock Exchange, 949 stocks advanced, while 1,363 declined, and 79 remained unchanged. The market breadth was in favour of sellers.

Foreign institutional investors (FIIs) showed confidence by net buying equities worth Rs 1,745.72 crore, whereas domestic institutional investors (DIIs) purchased stocks worth Rs 135.98 crore.

Global markets reflected similar cautious sentiment. The Hong Kong Hang Seng index and South Korea’s KOSPI declined by 0.44 per cent and 0.49 per cent, respectively. Conversely, the Shanghai Composite index rose by 0.33 per cent, trading at 3,335.76.

Japan’s Nikkei 225 declined slightly by 0.21 per cent to 37,452.96, while Singapore’s Straits Times index inched higher by 0.07 per cent, trading at 3,878.26.

The US markets remained closed on Monday in observance of Memorial Day.

In the early session, 2,391 stocks traded on the NSE. Of these, 949 stocks were in the green, 1,363 in the red, and 79 remained unchanged. The volatility index, India VIX, was down by 4.35 per cent, trading at 18.81 levels, indicating a cautious outlook among traders.

In the Nifty 50, 47 stocks declined, while only three managed to gain. The top laggards included Grasim Industries, which fell by 1.90 per cent; NTPC, down 1.54 per cent; Axis Bank, declining 1.52 per cent; Ultratech Cement, down 1.47 per cent; and Tata Consumer Products, which slipped by 1.20 per cent.

On the positive side, Bharat Electronics gained 0.34 per cent; Hindalco Industries increased by 0.33 per cent; Dr. Reddy’s was up 0.22 per cent; and Apollo Hospitals edged higher by a small margin.

Market participants remain cautious amid global uncertainties and sector-specific pressures. Investors are closely watching upcoming earnings reports and macroeconomic indicators for further cues. The broad trend suggests a risk-off sentiment, with many stocks in the red and volatility levels elevated.