Representative image | Photo Credit: PTI
Benchmark Stock Indices Sensex and Nifty rebound on Wednesday (May 21, 2025), Blue-Chips HDFC Bank and ICICI Bank took away their three-day falling streaks and a strong trend among Asian companions.
The 30-Sare BSE Sensex jumped 410.19 points or 0.51% and reduced its 24 components high and six to end to settle at 81,596.63. During the day, it rose 835.2 points or 1.02% to high level of 82,021.64.
NSE Nifty climbed 129.55 points or 0.52% to 24,813.45.
In Sensex firms, Bajaj Finserv increased by 2.02%. Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestle, Tata Motors, Hindustan Unilever and Mahindra and Mahindra also advanced.
IndusInd Bank fell the most by 1.39%. Kotak was among Mahindra Bank, Power Grid and ITC Legords.
Moody’s rating said on Wednesday (May 21, 2025) that India is well deployed well to deal with the negative effects of American tariffs and global trade disruptions as domestic development drivers and anchor the economy on exports.
In a note on India, the agency stated that the government’s initiative to promote private consumption, expand manufacturing capacity and increase infrastructure expenses would help offset a weak approach to global demand.
The BSE midcap gauge upgraded 0.90% and the smallcap index to 0.51%.
Between regional indices, capital goods (1.65%), realty (1.58%), industrial (1.35%), healthcare (0.93%) and tech (0.81%) were beneficial.
Consumer durables emerged as the sole lagard.
2,292 stocks were advanced while 1,685 declined and 138 remained unchanged on BSE.
Among the Asian markets, South Korea’s Kospi, Shanghai’s SSE Composite Index and Hong Kong’s Hong Seng Positive sector, while Japan’s Nikkei 225 index was reduced.
The markets in Europe were trading in a negative region. The US markets decreased on Tuesday (May 20, 2025).
“The markets today demonstrated a widely positive venture; however, the overall spirit was limited within a narrow range, indicating the risk of selling ‘on the strategy of selling rallies in the near future amidst the uncertainty around India,” US trade talks, “said Vinod Nair, the head of the research of Investments Limited,” US Trade Talks.
Global Oil Benchmark Brent crude grew 1.19% to $ 66.16 per barrel.
According to exchange data, foreign institutional investors (FII) launched a price of ₹ 10,016.10 crore on Tuesday (May 20, 2025).
Sensex arranged 872.98 points or 1.06% at 81,186.44, while the Nifty dropped 261.55 points or 1.05% to 24,683.90.
Published – May 21, 2025 05:08 pm IST
