Markets demonstrated resilience in afternoon trading on Monday, May 25, 2026, following a sharp gap-up at the open, though momentum waned as investors approached key resistance levels with caution. The BSE Sensex stood at 76,254.90, marking an increase of 839.55 points or 1.11 percent by 12:30 p.m. The NSE Nifty 50 was at 23,954.25, up 234.95 points or 0.99 percent, after briefly surpassing the psychological 24,000 mark early in the session before encountering selling pressure.
Market breadth remained favorable. Out of 4,338 stocks traded on BSE, 2,841 advanced while 1,276 declined, with 221 remaining unchanged. A total of 135 stocks reached 52-week highs, compared to 45 that recorded 52-week lows. The number of stocks hitting upper circuit limits was 256, versus 149 that faced lower circuits. The Nifty’s Advance-Decline ratio was reported at 43:7.
Eicher Motors topped the Nifty50 gainers, trading at ₹7,356, a rise of 5.36 percent on volumes exceeding 8.97 lakh shares. Adani Enterprises increased by 2.91 percent to ₹2,796.30, while Shriram Finance advanced 2.52 percent to ₹964.75. Eternal gained 2.42 percent to ₹247.80 on heavy volumes of over 1.37 crore shares. Wipro’s shares rose by 2.39 percent to ₹207.97, bolstered by trading of more than 4.07 crore shares, indicating sustained investor interest in IT stocks following a 4.25 percent sector gain the prior week.
Conversely, Max Healthcare experienced the steepest decline, down 2.66 percent to ₹996. Hindalco Industries fell 2.42 percent to ₹1,082.40, while ONGC decreased by 1.76 percent to ₹284.90, pressured by a significant drop in crude prices affecting upstream margins. Other notable declines included Bajaj Auto, which decreased by 0.55 percent to ₹10,491.50, and Sun Pharma, which edged down by 0.53 percent to ₹1,834.80.
According to a mid-market note from SBI Securities, the Nifty has entered a phase of sideways consolidation. The immediate support is seen in the 23,850–23,870 range, with resistance positioned at 24,100–24,120. A break above this resistance could propel the index towards 24,320, while a decline below 23,850 may target the next support levels of 23,600–23,500. On the options front, significant call writing has been observed at the 24,000 and 24,100 strikes, with considerable open interest at the 23,900 and 23,800 put strikes, reflecting a market in contention around current levels. For the Sensex, support is noted at 75,900 and resistance at 76,700.
In the commodities market, MCX Crude Oil traded between ₹8,700 and ₹8,800 after dropping below the ₹9,000 threshold, with a near-term bearish sentiment. U.S. Oil was priced around $90–$91. MCX Gold remained above ₹1,59,000, facing immediate resistance at ₹1,59,500–₹1,60,000, while COMEX Gold fluctuated between $4,550 and $4,580. MCX Silver maintained levels above ₹2,76,000, with COMEX Silver trading between $77 and $78. The USD/INR pair hovered in the ₹95.3–₹95.4 range, recovering from a recent low of ₹96.96, supported by easing crude prices and geopolitical tensions.
Published on May 25, 2026.
