New Delhi, May 27 -- Stock market update: India's benchmark equity index, Nifty 50, rose 0.60% on Monday to close just above the 25,000 mark, buoyed by strong global and domestic cues. A key boost came from the US decision to delay tariffs on imports from the European Union, easing global trade tensions.

On the domestic front, the Reserve Bank of India's record Rs.2.69 trillion dividend to the government lifted sentiment by improving fiscal outlook. All major sectors advanced, with metals, auto, and financials leading the gains.

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Two stocks recommended for today by MarketSmith India for 27 May:

Buy: Housing & Urban Development Corp. Ltd (current price: ...