Nifty, Sensex Hit by Extreme Intraday Volatility – Tuesday Market Report

Moneylife Digital Team 27 May 2025

On Tuesday, major Indian indices were hit by extreme volatility. Nifty was down by more than 250 points in the morning. It recovered from the decline fully and went on to become positive (up 300 points from low) and again fell by more than 300 points, before recovering about 100 points. During the session, 1897 stocks advanced, 2053 declined and 134 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.92 indicating a negative closing in the broader market. The trend of the major indices on Tuesday’s trading is given in the table below.

On NSE, 42 securities advanced and closed at a new 52-week high whereas 13 securities sank to close at their new 52-week lows. In sectoral indices, Nifty FMCG, Nifty IT and Nifty Auto were among the biggest losers. In sectoral indices, Nifty PSU Bank and Nifty Pharma were among the biggest gainers.

Dabur India (+0.79%) announced a merger with Sesa Care Private Limited. This move aims to integrate a premium ayurvedic brand into Dabur's product portfolio and boost growth in the hair oil segment. The amalgamation is expected to create synergies in financial, managerial, and operational areas, with shares as the consideration for the transaction.

Info Edge (-1.43%) announced that Sanjeev Bikhchandani was re-appointed as Executive Vice Chairman & Whole-time Director, and Mr. Hitesh Oberoi as Managing Director & CEO, both for a further five-year term. The company will also invest around Rs300 crore in its wholly-owned subsidiary, Startup Internet Services.

Dalmia Bharat (+0.39%) clarified media reports regarding income tax reassessment proceedings. The issue concerns the initiation of reassessment for the financial year 2011-12 for the company and its two subsidiaries. While the Madras High Court's single bench initially quashed these proceedings, a division bench later allowed the Income Tax Department's appeal. Dalmia Bharat has now filed special leave petitions before the Supreme Court, believing it has a strong case, with no current financial impact on the company or its subsidiaries.

Coforge (+0.05%) announced a partnership with Nylas to transform customer scheduling and communication within Salesforce. This collaboration aims to revolutionize how Salesforce users manage their appointments and interactions. The company issued a press release detailing this new partnership, fulfilling its obligations under SEBI Listing Regulations.

An Arbitral Tribunal issued a unanimous award in favor of Transtonnelstroy Afcons (-0.31%) Joint Venture in its arbitration against Kolkata Metro Rail Corporation Limited (KMRC). KMRC has been directed to pay a net total amount of Rs231.94 crore to Transtonnelstroy Afcons Joint Venture within 90 days. Failure to comply will result in an additional interest payment of 11% per annum on the total composite amount.