May 20, 2024
New Delhi, India
Stock Market Today
The Indian stock market opened in the green on Tuesday, May 20, 2025, but quickly pared gains, with benchmark indices trading flat by mid-session. The BSE Sensex slipped 38 points to 82,022, while the NSE Nifty50 dipped 12 points to 24,933.3 — both down 0.05%.
Broader Markets Mixed
In the broader market, Nifty Midcap100 declined 0.12%, while the Smallcap100 managed to edge up by 0.17%, showing selective buying interest in smaller stocks.
Sectoral Performance: IT and Metal Outperform
Sector-wise, IT and metal stocks emerged as the top gainers. The Nifty IT and Metal indices each rose 1%, supported by renewed investor appetite in heavyweight tech counters like Infosys, Tech Mahindra, and TCS. Tata Steel and Asian Paints also contributed to gains on the Sensex.
However, pressure mounted in the auto, private banking, and healthcare sectors. Nifty Auto declined 0.6%, while Nifty Private Bank and Healthcare fell 0.5% each. Nifty Bank dropped 0.4%.
Major laggards included Power Grid, HDFC Bank, Bajaj Finance, Reliance Industries, Titan, and Nestle.
IPO Watch: Borana Weaves Opens Today
Borana Weaves’ ₹144.89 crore mainline IPO opened for subscription today. Priced between ₹205 and ₹216 per share, investors can bid in lots of 69 shares. Market watchers will be keen to see the subscription response, especially amid tepid broader sentiment.
Results Radar: Q4 Earnings in Focus
Investors are also eyeing a flood of Q4 results due today. Key names on the docket include Hindalco, Solar Industries, Max Healthcare, United Spirits, Zydus Lifesciences, Fortis Healthcare, NHPC, Dixon Technologies, Whirlpool of India, and Gland Pharma, among others. Their performance will likely steer near-term market direction.
Global Cues Turn Mixed
Globally, Asian markets rebounded, with Hong Kong’s Hang Seng rising 1.3% and Japan’s Topix up 0.2%, as easing trade tensions lifted sentiment. However, US S&P 500 futures fell 0.3%, reflecting some caution. Brent crude prices edged down 0.06% to USD 65.50 per barrel.
Conclusion
While the Sensex and Nifty are showing signs of fatigue after recent rallies, strength in IT and metal counters, along with a relatively resilient smallcap space, suggest selective buying interest remains intact. Market participants are likely to remain focused on upcoming earnings and the IPO subscription trends through the rest of the week.
