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Dalal Street Wakes Up Positive; Investors Still Cautious | SENSEX | NIFTY | RUPEE | US-IRAN DEAL

Dalal Street Wakes Up Positive; Investors Still Cautious | SENSEX | NIFTY | RUPEE | US-IRAN DEAL

NewsX 1 week ago

Stock Market Today: Indian markets opened higher on May 29, riding this wave of positive global cues, kind of like a green light from elsewhere.

The Sensex climbed 208.40 points (0.27%) to start at 76,076.20, and the Nifty inched up 37.20 points (0.16%) to 23,944.35, staying just above the 23,950 level pretty fast. At the beginning, market breadth was mildly positive, with 1,483 advances against 1,107 declines, so it looked cautious but still constructive, you know. Tech names like Wipro, Infosys, HCL Tech, and TCS took the lead together with Reliance Industries too… the sort of "heavy lifters" for the index, doing their work early in the session. Meanwhile, on the other side, stocks such as Bajaj Auto, ONGC, Adani Ports, Coal India, and Eternal faced some pressure, little by little. So overall, it's a start where the bulls are active, but they're still looking at global headlines, like a hawk, not fully relaxing.

Stock Market Today : Market Snapshot (29 May, 2026)

Stock Market Opening Bell @9:15 AM

Sensex

  • 76,102.91
  • +93.20
  • +0.12% (Today)

Nifty 50

  • 23,963.45
  • +56.30
  • +0.24% (Today)

Indian markets edged higher with mild gains in Sensex and Nifty, supported by selective buying. Sentiment remains cautious yet stable as investors track global cues and geopolitical developments closely.

Stock Market Sectorwise performance

IT Sector - Strong Lead

  • Wipro
  • Infosys
  • HCL Tech
  • TCS

Major gainers driving early momentum, supported by positive global tech cues.

Heavyweights - Supportive

  • Reliance Industries

Helped anchor index gains.

Auto Sector - Under Pressure

  • Bajaj Auto

Witnessed early selling pressure.

Energy & Infra - Weak Tone

  • ONGC
  • Adani Ports
  • Coal India

Profit-booking seen in select counters.

Consumer/Other Stocks - Mixed

  • Eternal

Stock-specific weakness amid broader stability.

Rupee Watch

  • Indian rupee opened stronger at 95.57 per US dollar on Friday
  • Previous close on Wednesday was 95.69 per dollar
  • Indicates mild early strength in the domestic currency
  • Traders continue monitoring global dollar movement and geopolitical developments closely

Stock Market On Wednesday

Indian markets saw a choppy session on May 27, with investors constantly reacting to the US-Iran geopolitical situation, even as crude oil prices cooled slightly. After opening weak, benchmark indices recovered during early trade and kept swinging between gains and losses before ending marginally lower. The Sensex closed down 141.90 points (0.19%) at 75,867.80, while the Nifty slipped just 6.55 points (0.03%) to settle at 23,907.15, still managing to hold above the 23,900 mark. Broader markets looked stronger though, with midcap and smallcap indices ending in positive territory. Sector-wise, media, power, and capital goods stocks led gains, while IT, FMCG, banking, and oil & gas stocks faced selling pressure.

(Disclaimer: This article is for informational purposes only and should not be construed as an investment advice. Prior to making an investment, conduct thorough research and consult with your financial advisor.)

Global Markets: From Wall Street To Kospi, US-Iran Deal Changing The Sentiment; Caution Still in Play

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Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: NewsX English