NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Indian Stock Market Trades Rangebound Amid Global Tensions

The Indian stock market benchmarks, the Sensex and the Nifty 50, traded rangebound in morning trade on Wednesday, 27 May. The Sensex rose to an intraday high of 76,225 and touched an intraday low of 75,797 during the session. The NSE counterpart Nifty 50 touched an intraday high and low of 23,983 and 23,869, respectively.

Reports of US strikes on southern Iran and Israel's strikes in southern Lebanon are keeping investors cautious, even as the US and Iran continue their talks through intermediaries. According to experts, the market may remain in a range unless there is clarity on the US-Iran peace talks front. On the technical front, the range of 24,100-24,200 is likely to act as an immediate resistance, while a decisive break below 23,900 could lead the index to 23,825-23,800.

The following table highlights the most traded stocks on the NSE on 27 May:

Read also: Expert Portfolio Manager Raja Venkatraman Names Top Investment Picks for June 4

StockVolume (shares)
Jaiprakash Power Ventures (JP Power)65 crore
Vodafone Idea29 crore
Easy Trip Planners15 crore
Suzlon Energy8 crore
Adani Power6 crore
IFCI5 crore
Coal India4 crore
Reliance Power4 crore
Ola Electric Mobility3 crore
YES Bank3 crore
HFCL2 crore
SEPC2 crore
Jindal Worldwide1 crore
Tata Silver Exchange Traded Fund1 crore
Apollo Micro Systems1 crore
GTL Infrastructure1 crore
RattanIndia Power1 crore
Bharat Coking Coal1 crore
Coffee Day Enterprises1 crore
HDFC Bank1 crore

Jaiprakash Power Ventures (JP Power) was among the most traded stocks, with over 65 crore shares changing hands as the stock surged over 18% during the session, rising for the fifth consecutive session. The stock has been witnessing strong buying momentum of late as Adani Power has finalised agreements with Jaiprakash Associates to purchase a 24% stake in Jaiprakash Power Ventures. So far in May, the stock has jumped more than 13% after an over 40% jump in April.

Vodafone Idea was also among the most traded stocks, with more than 29 crore shares changing hands as the stock climbed 1% to hit a 52-week high of ₹14.29, rising for the seventh consecutive trading session after the telecom operator reported additions of subscribers for the third consecutive month. TRAI data showed that Vodafone Idea added 53,257 users in April, after 1.03 lakh additions in March and 21,927 in February.

Easy Trip Planners, on the other hand, crashed almost 10% during the session, a day after the company said it had allotted 34.8 crore fully paid-up shares to some non-promoters on a preferential basis. The company also announced the mutual termination of the share purchase agreement executed between the company, AB Finance Private Limited and its selling shareholders on 4 November 2025.

Read also: MarketSmith India's 4 June Stock Recommendations

Investor Takeaway

Market may remain rangebound unless clarity on US-Iran peace talks front.

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