The BSE Sensex rallied 632.13 points or 1.17% to close at
54,884.66. During the day, the benchmark jumped 684.1 points or 1.26% to
54,936.63. The NSE Nifty surged 182.30 points or 1.13% to settle at 16,352.45. The broader indices ended in green; the BSE Mid cap index
was up by 1.69%, while the Small cap index was up by 1.20%.

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The top gaining
sectoral indices on the BSE were IT up by 2.38%, TECK up by 1.84%, Capital
Goods up by 1.69%, Industrials up by 1.58% and Auto up by 1.50%, while Oil
& Gas down by 0.88%, PSU down by 0.62%, Energy down by 0.54%, Metal down by
0.48% and Utilities down by 0.23% were the top losing indices on BSE.

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Here are the key stocks that moved the most on May 27:

GAIL India: The share fell 5.29% to close at Rs 143.20
after the company reported an 18.4% decline in net profit to Rs 2,683 crore in
the March quarter from Rs 3,288 crore in the previous quarter. Revenue was up
4.6% at Rs 26,962 crore in the March quarter from Rs 25,770 crore in the
December quarter of fiscal 2021-22. EBITDA went down 12.1% at Rs 3,715 crore against
Rs 4,228 crore, QoQ, while EBITDA margin came in at 13.8% against 16.4% in the
previous quarter.

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Jindal Poly Films: The stock rallied 20% to settle at Rs
1,090 after the firm reported a profit of Rs 492 crore in the March quarter, up
from Rs 230.4 crore in the year-ago period. Consolidated revenue surged 49.5%
year on year to Rs 1,720.9 crore from Rs 1,150.9 crore. EBITDA jumped 85.7% at
Rs 452.4 crore, while EBITDA margin came in at 26.29% against 21.17%, YoY.

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Godrej Industries: The scrip jumped 8.65% to close at Rs
477.10 after the company reported a net profit of Rs 227.3 crore in the March
quarter from Rs 15.79 crore in the year-ago period. Consolidated revenue surged
70.3% year on year at Rs 4,444.8 crore against Rs 2,610.6 crore. EBITDA stood at
Rs 490.10 crore against an EBITDA loss of Rs 16.1 crore, YoY. Margin came in at
11.03% in the March quarter for 2021-22.

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India Cements: The share declined 3.72% to close at Rs
163.10 after the company reported a net loss of Rs 23.7 crore in the March
quarter, against a profit of Rs 71.6 crore in the year-ago period. Revenue also
declined 4% year on year to Rs 1,392 crore against Rs 1,449 crore. EBITDA fell
69.4% year on year at Rs 61.5% against Rs 200.3 crore. EBITDA margin came in at
4.4% in the March quarter from 13.8% in the year-ago period.

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ONGC: The stock declined 5.53% to Rs 143.50 after a
report claimed that the government was considering a windfall tax on
state-owned and private oil and gas giants.