๐ฌ The Week That Was: May 26–30 — Markets Go Full Masala Mode! ๐๐๐บ
Welcome back to your favourite weekly drama, “The Week That Was,” where Sensex dances, Nifty romances, and the market throws more twists than an Ekta Kapoor serial. And yes, we bring you the drama — without the overacting (well, mostly).
So, fasten your seat belts, sip on some adrak chai ☕, and let’s decode what our beloved markets were up to this past week!
๐ก Sensex Swag, Nifty Naach, and Midcap Masala
The week saw Dalal Street on a joyride — part theme park, part Karan Johar film.
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Sensex climbed 1.2%, finishing at 74,048.33, probably humming “Chak De India” as it crossed milestones.
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Nifty 50 wasn’t far behind, pulling off a 1.1% gain to close at 22,527.35, with all the elegance of a Virat Kohli cover drive.
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The BSE Midcap and Smallcap indices were the breakout supporting actors — up 1.5% and 1.8%, respectively, proving once again that “size doesn’t matter, performance does!” ๐
๐ Star Performers – The Market’s Lead Cast
๐ฅ️ Infosys: The IT Knight in Shining Code
Infosys was the Ranveer Singh of the market this week — energetic, confident, and impossible to ignore. A 6.7% YoY rise in net profit? That’s not a result, that’s a standing ovation. The stock soared 5%, leaving competitors clapping from the wings.
๐ป๐ Investor mood = Ctrl + Alt + Celebrate.
๐ฌ Reliance Industries: The Big Fat Indian Investment Wedding
Reliance announced Rs 75,000 crore for Jio Platforms and Rs 1.4 lakh crore for retail — because why stop at one billion when you can do jod ke double? Ambani ji basically gave us a corporate version of “K3G”— Kabhi Growth Kabhi Gigabyte. The stock went up 2.5%, fueled by investor love and pure capital charisma.
๐ถ๐️๐ฐ
๐ฆ HDFC Bank: Silent Performer with Loud Results
While others threw parties, HDFC Bank quietly deposited 18% higher net profits YoY into investor wallets. No drama, no fuss — just pure paisa vasool. Stock rose 1.5%, as everyone whispered, “Steady is sexy.” ๐ผ๐
๐ง Sectoral Spices – Who Brought the Flavour?
๐พ IT:
Sector of the week! The entire gang — TCS, Wipro, HCL Tech — showed up for a group selfie on the green side. The sectoral index rose 2.5%, and everyone pretended they never doubted tech. Ctrl+Alt+Repeat!
๐ Pharma:
Oof! It was “Bitter Pill” week. Sun Pharma and Dr. Reddy’s slipped over 2%, probably because regulators rained on their parade. The sector index fell 1.2% — a gentle reminder that even doctors need a break.
๐ Auto:
Like a mixed masala dosa — some crunchy, some soft:
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Maruti and Tata Motors zoomed ahead, powered by festive demand hopes and cricket-season bonuses.
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M&M, however, stalled like a scooter with low petrol.
The sector still ended up with a 0.8% gain — enough to honk proudly. ๐ป๐ฆ
๐ World Round-up: Foreign Flavours in the Stock Sambar
US:
S&P 500 rose 1.5%, GDP was upgraded to 1.3%, and Wall Street put on its best smile. If Uncle Sam had a desi avatar, he’d be saying, “Chalo bhai, achhe din aa gaye!” ๐ฝ๐๐
Europe:
The Stoxx 600 added 1.2% — possibly after eating a croissant of optimism. The ECB did what it does best — nothing. Rates unchanged, drama avoided. Trรจs bien! ๐ซ๐ท๐ถ
Asia:
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Nikkei 225 rose 1.1% — sumo-sized returns with sushi-speed!
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Shanghai Composite dropped 0.5%, with manufacturing data flatter than a Chinese pancake. Investors whispered, “Peking meh…” ๐ฌ๐ฅก
๐ฎ What’s Cooking Next Week?
☁️ Monsoon Forecast:
Markets are eyeing the skies like a farmer watching the first cloud. A normal monsoon = happy crops = bullish rural demand = FMCG parties. A weak monsoon? Well... keep the umbrellas and stop-losses ready.
๐ Global Economic Data:
From US inflation numbers to the Fed's mood swings, this week is data dhamaal. Pack your fundamentals and your emotional discipline — it could be a wild ride! ๐ข๐น
๐ Technical Tandoori:
The Nifty 50 cooked up a bullish candle, not to be confused with a scented one. Resistance is lurking at 22,700–22,800, while support is sitting pretty at 22,300–22,200.
So, whether you’re a scalper, swinger, or just watching from the sidelines, keep your strategy hotter than your morning chai. ๐ฅ๐
๐ง Final Sweet Take:
The market this week gave us action, emotion, earnings, and even a bit of romance between investors and their favourite stocks. If this were a Netflix series, it’d be called “Sensex & the City.”
So till next week, stay wise, stay calm, and may your portfolio stay greener than a mint chutney!
๐ฌ Roll credits. Cue flute music. Fade out. ๐ถ๐๐
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