Stock Market Live: Metal Sector Boosts Sensex and Nifty Gains

Indian stock markets witnessed a positive start on Wednesday, May 27, as both benchmark indices traded in the green amid buying interest in metal stocks. The BSE Sensex gained around 50 points to trade near 76,050, while the NSE Nifty rose about 20 points and hovered around the 23,930 mark during early trade. Market sentiment remained cautiously optimistic despite continued selling pressure from foreign investors. The metal sector emerged as the biggest contributor to the market’s strength. Investors showed strong interest in metal companies as commodity-related stocks recorded healthy buying activity. Analysts believe improving global demand expectations and stable commodity prices helped support the rally in the sector. Asian markets delivered mixed signals during the day. South Korea’s Kospi index stood out as the top performer, surging nearly 4.8% with a gain of 377 points. Japan’s Nikkei index also ended higher, rising more than 1% during the session. However, Hong Kong’s Hang Seng index remained under pressure and closed lower by 188 points, reflecting cautious sentiment in some regional markets. Wall Street also offered mixed cues overnight. The Dow Jones Industrial Average slipped by 118 points, ending the session in negative territory. On the other hand, technology stocks continued to attract investors, helping the Nasdaq climb over 300 points. The S&P 500 also closed with moderate gains, supported by buying in major tech companies. Foreign institutional investors (FIIs) continued their selling trend in the Indian market. Data showed that FIIs sold shares worth more than ₹2,400 crore in the previous session. Over the last month, foreign investors have withdrawn more than ₹46,000 crore from domestic equities, creating pressure on market sentiment. Despite heavy foreign selling, domestic institutional investors (DIIs) continued to provide support to the market. DIIs purchased shares worth over ₹1,300 crore in the previous trading session. Their steady buying has helped balance market volatility and maintain investor confidence. In the past 30 days alone, domestic investors have invested nearly ₹70,000 crore in Indian equities. Market experts say that domestic liquidity remains strong and is helping Indian markets stay resilient despite global uncertainty and foreign fund outflows. Investors are now closely watching global market trends, movements in US equities, and developments across Asian markets for further direction. Overall, the Indian stock market remains stable with selective sectoral buying, while investors continue to stay alert to global economic signals and institutional investment patterns.