Market Update – Benchmark indices trend in rangebound fashion

Indian equities began the day in a rangebound fashion. The Sensex was down 88.27 points or 0.11% at 81,544.75, and the Nifty was down 21.50 points or 0.09% at 24,812.10. About 118 shares advanced, 58 shares declined, and 23 shares unchanged.

Buzzing stocks

• Birlasoft Ltd shares sank over four% in trade on Friday, May 30, after the firm reported a 4.3% year-on-year increase in net profit for Q4FY25
• Lemon Tree Hotels profit jumps 26% y-o-y in Q4
• Suzlon Energy shares soar 13% as Q4 profit surges over 4x