May 21 2025 Nifty Update: Sensex Movement Today
On May 21, 2025, Indian benchmarks snapped a three-day slide as broad-based buying lifted the Sensex by 410 points and the Nifty by 130 points, with banking & telecom leading the rally. Here’s a detailed breakdown.
Market Overview
After three consecutive sessions of losses, the BSE Sensex rallied 410.19 points (0.51%) to close at 81,596.63, while the NSE Nifty 50 gained 129.55 points (0.52%), ending at 24,813.45 on May 21, 2025 0. This rebound not only halted the downtrend but also added roughly ₹3 lakh crore to investors’ wealth as total market capitalisation rose to ₹441 lakh crore from ₹438 lakh crore in the prior session 1.
Sectoral Performance
Banking & Financials
Strong Q4 results and optimistic guidance from HDFC Bank and ICICI Bank spurred a 1.2% average rise in banking stocks, making Financials the top-performing Nifty sector today 2. HDFC Bank alone contributed over 25 points to the Nifty’s upside.
Telecom & Technology
Bharti Airtel jumped 3% on healthy subscriber additions, while Infosys and TCS extended gains of 1.5% each, thanks to positive commentary on Middle East orders 3. Technology stocks outperformed broader markets, reflecting stable global demand.
Mid & Small Caps
The BSE Midcap index rose 0.90% and the Smallcap index climbed 0.51%, led by specialty chemical and auto-ancillary names, as traders rotated into undervalued pockets 4.
Top Gainers & Losers
Top Gainers | Gain (%) | Top Losers | Loss (%) |
---|---|---|---|
HDFC Bank | 2.8 | Dixon Technologies | 7.9 |
ICICI Bank | 2.5 | Adani Ports | 1.2 |
Bharti Airtel | 3.0 | Coal India | 0.8 |
Mid-cap share Trident surged 17% after strong Q4 results 5, while Dixon Technologies corrected nearly 8% on profit-booking 6.
Macro Cues & FII/DII Flows
The rupee closed flat at ₹85.64 against the US dollar, reflecting muted currency volatility ahead of RBI policy meetings 7. Foreign portfolio investors (FPIs) were net buyers of ₹1,500 crore, while domestic institutional investors (DIIs) remained cautious, net sellers of ₹600 crore 8.
Global cues were mixed: US indices ended marginally lower amid Treasury yield concerns, while European markets were flat. Chinese PMI data disappointed, weighing on metal and commodity names in India.
Technical Outlook & Levels to Watch
Nifty’s next resistance lies at 24,900–25,000, while support is placed at 24,650–24,550. For Sensex, 82,000 is a near-term hurdle and 81,200 provides immediate support. Momentum indicators remain positive but overbought on daily charts.
What’s Next?
- RBI policy decision (June 4, 2025): Any change in repo rate could trigger fresh volatility.
- Q4 corporate earnings: Focus on IT giants and pharma results due later this week.
- Global trade talks: India–US negotiations remain in focus, with updates due May 23.
0 Comments