From a derivatives perspective, the Put-Call Ratio (PCR) stands at 0.90. On the Put (PE) side, significant open interest concentration remained at 23,500 strike at the nearest OTM Put, suggesting that these levels are likely to act as a support for the day.
On the Call (CE) side, among the nearest strikes higher open interest addition was seen at 24,000 strike as a result highest open interest at the nearest OTM strike was concentrated at 24,000 strike, indicating 24,000 likely to act as an immediate resistance.
Technical Support and Resistance Level for Nifty for Wednesday
From a technical perspective, the 23,800–23,870 zone remains the most crucial near-term support area for the Nifty50, as it coincides with the 20-day moving average and the earlier breakout region of the May 12–22 consolidation range. A breakdown below this band could intensify selling pressure and drag the index towards the 50-DMA support near 23,683. On the upside, the 24,000 mark is likely to act as the immediate resistance, while the May 11 gap-down zone remains a major hurdle for bulls. A decisive close above this gap area would strengthen the short-term trend and could open the door for further upside momentum.
Stocks to Watch on Wednesday, May 27: Coal India, Saatvik Green Energy,Tata Elxsi in Focus
The stock-specific actions are likely to continue amid Q4FY26 results, and here is the list of stocks to watch out for on Wednesday, May 27, 2026.
Stock
| Reason
|
Coal India
| Government of India to sell up to 1% stake via OFS on May 27 and May 29, with an option to sell an additional 1% stake; floor price fixed at Rs 412 per share.
|
Saatvik Green Energy
| Received an order worth Rs 171.45 crore for the supply of solar PV modules from an independent power producer/EPC player.
|
Tata Elxsi
| Announced the launch of ViTel, a material intelligence solution for medical device manufacturers, co-developed with Viridium AI.
|
Canara Bank
| Board meeting scheduled on June 2 to consider and approve the bank’s capital raising plan for FY2026-27.
|
HG Infra Engineering
| Declared qualified bidder for construction of substations in Uttar Pradesh by REC Power Development and Consultancy; contract valued at Rs 45 crore.
|
Fino Payments Bank
| RBI approved extension of Ketan Merchant’s tenure as Interim CEO for another three months effective May 27.
|
Key Results on May 27: Bharat Dynamics, Alkem Laboratories, Ashok Leyland, Deepak Fertilisers & Petrochemicals Corporation India
Bharat Dynamics, Alkem Laboratories, Ashok Leyland, Deepak Fertilisers & Petrochemicals Corporation, Enviro Infra Engineers, Finolex Cables, Gaudium IVF and Women Health, Gujarat Pipavav Port, Graphite India, Happiest Minds Technologies, HG Infra Engineering, Lemon Tree Hotels, Procter & Gamble Hygiene and Health Care, Powerica, Praj Industries, Schneider Electric Infrastructure, and Tenneco Clean Air India will announce their quarterly results on May 28.
Stock in F&O Ban on May 27
For today, no security is under F&O ban.
Institutional Flows – FIIs and DIIs
On May 26, Foreign Institutional Investors (FIIs) were net sellers, having sold equities worth ₹2,407.87 crore. Domestic Institutional Investors (DIIs), on the other hand, bought shares totaling ₹3,856.88 crore during the same session.
Indian Stock Market Action on Tuesday
On Tuesday, the Indian stock market ended lower, snapping its two-day winning run, due to profit booking and a jump in crude oil prices.
The Sensex declined 479.26 points, or 0.63%, to close at 76,009.70, while the Nifty 50 settled 118.00 points, or 0.49%, lower at 23,913.70.
Wall Street Was Closed Mixed on Tuesday
US markets ended mixed on Tuesday, with the S&P 500 and Nasdaq closing at record highs, driven by strong gains in semiconductor stocks amid continued optimism around AI-led growth.
The Dow Jones Industrial Average slipped 118.02 points, or 0.23%, to close at 50,461.68. In contrast, the S&P 500 advanced 45.65 points, or 0.61%, to 7,519.12, while the Nasdaq Composite surged 312.21 points, or 1.19%, to settle at 26,656.18.
Chipmakers led the rally on Wall Street. AMD shares soared 7.78%, Intel gained 3.07%, Micron Technology jumped 19.29%, and Qualcomm climbed 4.48%. Nvidia, however, edged down 0.22%.
Among megacap tech stocks, Microsoft declined 0.61% and Apple slipped 0.16%, while Tesla rose 1.78%.
