The Indian stock market wrapped up Monday’s session on a mixed note. Benchmark indices saw minor declines as investors weighed cautious global cues and sector-specific pressures. While the Nifty 50 and Sensex edged lower, broader markets managed to stay in the green, reflecting stock-specific resilience.
What Were the Key Index Movements?
- BSE Sensex: Closed at 82,059.42, down 271 points or 0.33%
- NSE Nifty 50: Ended at 24,944.45, losing 74.35 points or 0.30%
- BSE Midcap Index: Gained 0.27%
- BSE Smallcap Index: Rose 0.75%
Lower volumes and cautious investor mood ahead of global and domestic economic triggers kept market momentum in check.
Which Sectors Drove the Market Today?
Gaining Sectors:
- Realty (+2.2%): Sustained demand in the housing sector powered realty stocks higher.
- PSU Banks (+1.5%): Optimism around infrastructure push and NPA resolution supported gains.
- Pharma (+0.5%): A safe-haven play as global uncertainty led to defensive buying.
Losing Sectors:
- IT (-1.4%): Moody’s downgrade of U.S. credit outlook triggered sell-offs in export-focused tech names.
- FMCG (-0.3%): Minor profit booking post a recent rally.
- Oil & Gas (-0.3%): Weakness in crude prices and demand concerns dragged the sector.
Which Stocks Made the Biggest Moves and Why?
Nifty 50 Top Gainers:
- Bajaj Auto (+3.90%) — Jumped after its arm extended ₹5,427 crore to restructure KTM AG, signaling proactive global expansion.
- Shriram Finance (+2.18%) — Rose as analysts noted potential rebound post recent exits by key institutional investors.
- Hero MotoCorp (+1.36%) — Marginal gains driven by consistent volume growth and industry stability.
- Power Grid (+1.02%) — Moved higher in tandem with strength in defensive utilities.
- Bajaj Finance (+0.87%) — Firmed up on strong fundamentals and bullish brokerage commentary.
Nifty 50 Top Losers:
- Grasim Industries (-2.29%) — Declined on concerns around rising input costs and earnings pressure.
- Eternal (-2.13%) — Slipped following lukewarm quarterly results and sectoral underperformance.
- Tata Consumer (-1.74%) — Fell on profit booking after muted Q4 commentary.
- Infosys (-1.69%) — Dropped on weak global cues impacting tech-heavy portfolios.
- TCS (-1.18%) — Followed peer group trend under IT sector pressure.
Nifty 500 Top Gainers:
- Graphite India (+16.14%) — Skyrocketed after news of supply curbs from Japanese competitor Resonac raised hopes of pricing power.
- Alembic Pharma (+11.34%) — Rallied on optimism around exports and recent regulatory approvals.
- GR Infraprojects (+10.08%) — Got a boost after bagging a major rail infrastructure order from Western Railways.
- Delhivery (+9.41%) — Turned heads with a surprise net profit of ₹73 crore in Q4 FY25.
- Caplin Point (+7.83%) — Climbed on strong financial results and a healthy dividend declaration.
Nifty 500 Top Losers:
- Vodafone Idea (-9.36%) — Sank after the Centre rejected its plea to waive ₹40,000 crore in dues; the firm is now seeking legal relief.
- GAEL (-7.54%) — Fell sharply due to profit-taking after a short-term rally.
- CreditAccess Grameen (-6.37%) — Dropped amid concerns over net interest margins and rural credit cycle.
- Apar Industries (-5.07%) — Weakened as investors rotated out of midcaps.
- Shyam Metalics (-3.28%) — Declined in sync with broader weakness in metals due to lower commodity demand.
What Drove Market Sentiment Today?
- Global Factors: Moody’s downgrade of the U.S. sovereign credit rating stoked fears of tightening global liquidity.
- Domestic Earnings: Mixed Q4 results from key firms added to uncertainty and encouraged selective stock picking.
Where Are the Big Players Investing?
- FIIs (Foreign Investors): Bought equities worth ₹8,831.05 crore (as of May 16, 2025)
- DIIs (Domestic Institutions): Added ₹5,187.09 crore worth of stocks on the same day
This suggests continued confidence in India’s macro outlook, even amid global risk aversion.
What Are the Charts Telling Us?
Nifty 50:
- Support: 24,500 and 24,750
- Resistance: 25,300 and 25,600
- Pivot: 25,014
Sensex:
- Support: 80,617 and 81,442
- Resistance: 83,257 and 84,247
- Pivot: 82,331
Traders are watching for a decisive move above resistance for fresh momentum, while dips near support are being bought.
What’s Lined Up for Tomorrow?
- Q4 Earnings: BEL, DLF, Pfizer, ONGC, and Power Grid Corp will announce results.
- Macro Data: Global markets will track U.S. manufacturing PMIs and Eurozone inflation prints.
Wrapping Up: What’s the Market Mood?
Despite headline indices closing in red, the action was clearly stock-specific. Investors rotated into high-conviction ideas in pharma, realty, and select midcaps. Meanwhile, sectors like IT and telecom remained under pressure. Overall sentiment appears cautious but opportunistic.
Disclaimer: This article is purely informational and educational. It does not constitute investment advice. All data has been independently verified from sources such as Moneycontrol, LiveMint, Economic Times, Business Standard, and company filings, in line with Google EEAT guidelines.
We have covered previous market sessions, find a link to them below:
