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BEML and Gillette Rally on Strong Results; Auto Sector Faces Growth Fatigue
BEML and Gillette Rally on Strong Results; Auto Sector Faces Growth Fatigue
Written by - Fisdom Research
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May 26, 2025
2 minutes
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Market Snapshot
Benchmark indices extended gains for the second straight session on May 26, driven by strength in auto, IT, and metal stocks.
The Sensex surged nearly 600 points intraday, though profit-booking at higher levels capped further upside.
Investor sentiment was lifted by news of India becoming the world’s fourth-largest economy and the RBI’s record dividend payout, expected to ease fiscal concerns.
The Nifty Auto and IT indices led sectoral gains, each rising over 1 percent.
Other sectors including realty, metal, FMCG, consumer durables, and energy also contributed to the rally.
Banking stocks posted modest gains, with Nifty Bank up 0.16% and PSU Bank up 0.13%.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY AUTO
1.6
NIFTY REALTY
0.8
NIFTY IT
1.1
NIFTY CONSUMER DURABLES
0.7
NIFTY FMCG
1.0
NIFTY OIL & GAS
0.5
NIFTY METAL
0.8
NIFTY MEDIA
0.5
Top News
BEML shares surged over 14% intraday on May 26 following strong FY26 guidance, robust quarterly results, and a promising order book outlook.
Gillette India jumped more than 11% after reporting a 60% YoY rise in Q3FY25 net profit to ₹159 crore and declaring a ₹47 per share dividend.
India’s passenger vehicle market is witnessing a slowdown, with FY26 growth projected at just 1–2% amid weakening demand, affordability concerns, and rising inventory levels.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
BAJAJ-AUTO
2.4
ETERNAL
-4.6
JSWSTEEL
2.1
ULTRACEMCO
-0.6
M&M
2.1
KOTAKBANK
-0.5
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
24,700
25,200
Bank Nifty
55,000
56,000
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