Top gainers and losers today: Stocks that moved the most on May 27

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Indian stock markets saw significant volatility on May 27, with benchmark indices ending the session in the deep red and snapping their two-day gaining streak. Sensex dropped nearly 625 points to close at 81,552, while Nifty declined 0.7 percent to 24,826.The decline in the benchmarks was fueled by selloff in the FMCG, IT and auto sectors. Nifty Pharma however bucked the trend to close in the green.Broader markets outperformed benchmarks to close in the green. At close, the Nifty Midcap 100 index was up 0.10 percent while the Nifty Midcap 100 index was 0.15 percent higher.Here are the top gainers and losers:FMCG stocks: FMCGThe shares of FMCG companies recorded strong losses on May 27, as investors resorted to profit booking after significant rally. The sharp rise in the share prices pushed the Nifty FMCG index down nearly 0.9 percent to emerge as the top sectoral loser.ITC shares were the top loser on the index, dropping nearly 2 percent to trade at Rs 434.70 apiece.IT stocks: IT stocksSeveral IT stocks declined on May 27, pushing the Nifty IT index down into the red to snap its two-day gaining streak. The index was only second among the top losing sectors, after FMCG. Tata Consultancy Services (TCS), HCL Tech, Tech Mahindra, Persistent Systems and Infosys were each down around 1 percent each.FirstCry-parent Brainbees Solutions: Brainbees SolutionsThe shares of Brainbees Solutions, the parent organisation of FirstCry, dropped around 6 percent on May 27 after the company reported a net loss of Rs 111.5 crore for the fourth quarter of FY25. Additionally, the company announced in another exchange filing that Bureau of Indian Standards (BIS) conducted searches at one of its warehouses in Bengaluru on May 26, and seized good worth Rs 90 lakh. "The Company has fully cooperated with the officials throughout the process. This has not impacted the operations of the Company, which are continuing as usual," it said.Olectra Greentech: Olectra GreentechShares of Olectra Greentech Ltd slipped as much as 14 percent to hit an intraday low of Rs 1,160 after Maharashtra's Transport Minister Pratap Sarnaik called for the cancellation of the company’s electric bus order over missed delivery deadlines.In a post on social media platform X, Sarnaik said that the company had failed to deliver even a single bus from the 1,000 units scheduled for handover by May 22. Though he did...

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