Market Brief - 29 May 2025

1. NIFTY 50 closed at 24,833.60, up +0.33%, ending the month of May +2.04% and up +9.38% YoY. 2. Metals (+1.21%) – benefitting from renewed global commodity demand and China stimulus optimism. 3. Realty (+1.14%), Auto (+0.51%) – driven by rate cut hopes and rural demand. 4. Small and midcap resilience confirms healthy retail and HNI risk appetite. 5. Falling oil = inflation relief, aiding domestic cyclicals. 6. INR steady = stable input costs for energy-intensive sectors. 7. India’s Oil Demand Growth Disappoints Bulls – suggests slower crude consumption, aiding trade deficit but might weigh on OMCs

, . 8. UK-India FTA to expand cross-border leasing – positive for aviation (Indigo, SpiceJet), infra. 9. KT&G enters Indian market – consumption tailwind for FMCG distributors.