Cooking appliance stocks saw a dip as investors cashed in on recent gains. This occurred even as sales of induction cooktops and electric kettles surged due to concerns over cooking gas supplies. The ongoing conflict in West Asia has disrupted energy routes, impacting LPG imports for India. Restaurants and railway food centers are exploring alternative cooking methods.
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