Indian Stock Market Report – May 16, 2025
Market Overview
On May 16, 2025, profit-booking in large-caps pulled benchmarks lower despite strength in mid- and small-cap segments. The Nifty 50 settled at 25,019.80 (–0.17%), while the Sensex closed at 82,330.59 (–0.24%).
Trader caution followed a seven-month high earlier this week amid optimism over a ceasefire with Pakistan and potential zero-tariff trade talks with the U.S.
Sectoral Performance
Seven of the 13 key sectors ended in positive territory, led by realty and media, which gained on fresh buying interest. Meanwhile, IT and financial stocks booked profits after recent rallies.
Key Indices & Movers
Index/Stock | Close | Change (%) |
---|---|---|
Nifty 50 | 25,019.80 | –0.17% |
Sensex | 82,330.59 | –0.24% |
Infosys | ₹1,589.75 | –1.46% |
IndusInd Bank | ₹1,675.00 | –2.50% |
Top Gainers & Losers
Despite the broader downturn, several BSE stocks rallied over 10%, demonstrating selective buying. Leading gainers included defense-related names, while profit-booking was most visible in IT majors.
Technical & Trading Insights
- Support & Resistance: Nifty support at 24,900; resistance near 25,200.
- Trend: Short-term bearish bias, but mid-cap strength may offer stock-specific opportunities.
- Strategy: Consider defensive sectors for hedging and look for breakout candidates in mid-caps.
Conclusion
Today’s session highlights the importance of sector rotation and stock-specific plays amid volatile global cues. Investors should monitor Q4 earnings announcements and geopolitical developments for their next moves.
0 Comments