May 15, 2025
New Delhi, India
Stock Market Analysis
Indian equity markets closed lower on Friday, May 16, as profit-booking in heavyweight IT and financial stocks dragged benchmark indices, even as broader market segments outperformed.
Market Summary
The BSE Sensex ended the day down 200.15 points, or 0.24%, at 82,330.59, after trading between 82,514.81 and 82,146.95. The NSE Nifty50 also slipped 42.30 points, or 0.17%, to settle at 25,019.80, managing to hold the psychologically important 25,000 level.
Despite the benchmark decline, the broader markets shone brightly. The Nifty Smallcap100 index rose 1.86%, and the Nifty Midcap100 gained 0.94%, significantly outperforming the main indices. On the BSE, out of 4,126 stocks traded, 2,616 advanced, 1,368 declined, and 142 remained unchanged—indicating strong market breadth.
Sectoral Trends
Sectorally, it was a mixed picture. IT, metals, pharma, and healthcare indices ended in the red, with Nifty IT down nearly 1%. On the other hand, realty, media, PSU, capital goods, and power sectors saw healthy gains ranging from 1% to 1.7%, with Nifty Realty emerging as the top sectoral gainer, up 1.6%.
The volatility index, India VIX, slipped 2.02% to 16.55, indicating easing market nervousness.
Top Movers
On the Nifty, top gainers included Bharat Electronics, Bajaj Auto, Adani Enterprises, Tata Consumer, and Eternal. Meanwhile, Bharti Airtel, JSW Steel, Infosys, SBI, and HCL Technologies were among the key laggards.
Among Sensex constituents, Hindustan Unilever, Asian Paints, ITC, IndusInd Bank, and Eternal posted moderate gains, while Bharti Airtel, HCL Tech, SBI, Infosys, and Tech Mahindra saw notable losses between 0.79% and 2.76%.
Economic Indicators
Despite the day’s dip, analysts remain optimistic about the market’s short-term momentum, citing strong corporate earnings, favorable global cues, and resilient macroeconomic indicators. On the trade front, India’s exports rose 9.03% year-on-year in April to $38.49 billion. However, a sharp 19.12% rise in imports widened the trade deficit to a five-month high of $26.42 billion.
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