Indian headline indices ended lower on Friday, snapping their six-session gaining streak. Banks, FMCG, and IT stocks were the major laggards. After a steady run-up, Nifty paused and slipped below 25,000, suggesting a brief consolidation before the next leg of the rally.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said the index continues to hold above the 50 EMA, reinforcing the short-term uptrend. “On the downside, support lies at 24,800; staying above this level keeps the trend intact with scope for an advance towards 25,000–25,250,” De said.Here are 5 stock recommendations for Monday:
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader
May 27, 2026