India’s share market indices, Sensex and Nifty50, ended the day’s trade in red on Wednesday, May 28, 2025. The Sensex (index with top 30 firms) tumbled 239.31 points to close at 81,312.32 on Wednesday. Meanwhile, Nifty50 (index with top 50 firms) was down 73.75 points to close at 24,752.45 points.
In the morning, the Sensex tumbled 94.02 points to open at 81,457.61. Moreover, Nifty50 was also down to open at 24,832.50 points. This was despite a strong handover from the markets of the United States and Asian peers.
Globally, investors’ mood looks mixed due to the geopolitical developments. The upcoming week from May 28 to 31, 2025, is poised to deliver several significant economic releases across India, the United States, and China, which could shape global market expectations and investor sentiment.
What Else For Share Market?
Experts say that the Investors in the Indian stock markets are witnessing non-directional trading activity. Observing the market’s mood, Ajay Bagga Banking and market expert, said, “Monthly expiry looms on Indian markets. Tuesday saw a very volatile day, and we expect Wednesday and Thursday to be likewise.”
“India VIX at 18 levels is elevated but still not at a “fearful” level for experienced hands who have seen 86 levels on it during the 2008 GFC and 2020 Covid. Rising Covid cases are a slight worry so far; the expectation is that it is a mild variant that is striking with the onset of the rains and will be contained,” he added.
As per Bagga, Trump’s walk back of his threat on EU tariffs of 50 per cent was the driver for a sharp recovery in US markets, which came back after the Memorial Day holiday on Monday.
“Asian markets are up as well, taking the cue from the US markets. US PCE data on Friday is the big data point this week. Rest will be the usual Trump Speak-driven market churns,” Bagga added.
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