Corporate India anticipates potential earnings turbulence due to the GST implementation and higher US tariffs, impacting sectors like textiles and auto ancillaries. The US Federal Reserve’s rate cut introduces market volatility, while FII selling reflects concerns over growth and valuations. Despite these challenges, experts favor NBFCs, consumer discretionary, and precious metals, suggesting a balanced portfolio approach for long-term opportunities.
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