Market at Close | Nifty fails to hold 22,900, midcaps underperform

By Priyanka Deshpande CNBC-TV18.com Published May 28, 2024

[{"selector":"#anim-242c3c14-b450-4ae7-a9a4-d4a7f3a0e9c4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9308c01c-a627-49ac-9f67-ce2569005d24","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market closes lower amid high volatility, midcaps underperform

[{"selector":"#anim-2965a7c3-5338-44cf-819b-ca3e07ad50f5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-12721128-1874-4417-9ded-00702ca3e34c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 238.44457%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Volatility index surges to 2-year high while all indices end lower

[{"selector":"#anim-449dd442-9812-4dc4-be83-d3e604ada0da","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-561181e0-03e3-41f5-bb35-967e85b20e2e","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty fails to hold 22,900, slips more than 100 points from highs

[{"selector":"#anim-6c7e3516-056f-434e-a5c2-5836c253f89c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7fec9221-67ae-45be-80b2-833444bd6ccf","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 238.44457%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex falls 220 points to 75,170 & Nifty 44 points to 22,888

[{"selector":"#anim-c96ea5fb-c115-43ce-824d-3fa0fe96b3dc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-15924057-27e1-4abf-9c71-7150602d07d2","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank slips 140 points to 49,142 & Midcap Index 467 points to 52,295

[{"selector":"#anim-1296443d-5587-4d14-987c-24858c30d3ba","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e6ddd126-ff91-488b-b68d-df52906f803c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Divi’s Labs gains another 3% today on strong Q4 earnings, is top Nifty gainer

[{"selector":"#anim-62a81060-86f5-448a-bbc2-d3c9b34e5bf9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59f4e592-7a05-4d40-8ba3-4c6cba53e59a","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Hero MotoCorp sees short covering ahead of expiry, is up 2%

[{"selector":"#anim-f0afeb13-6226-4a0d-aa17-073221942b8e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7feac17e-e076-49d0-b2bf-dbbe395b40d4","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Glenmark Pharma rises for 2nd straight day on healthy outlook, up 12% in 2 days

[{"selector":"#anim-28c7ef97-3aef-4b5a-96dd-eb8fb99919b8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-27c2ff3c-ebea-48f6-b9ac-9c7d5bd8ff51","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Info Edge continues to trend lower on muted IT hiring, slips 4% in 2 days

[{"selector":"#anim-773ec673-ba87-4ced-9c9d-9747c24d7e27","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b329d19-0416-4760-96c7-cda9f081a020","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Insurance stocks see buying, SBI Life, HDFC Life & Max Financial up 2-3%

[{"selector":"#anim-e81cf89d-694e-471c-b7ec-fe77a9822003","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Dividend Stock: This rail PSU just declared a ₹120 crore payout post Q4 results Read More