Stock market close highlights: Sensex climbs 410 points, Nifty at 24,813; Pharma, realty outperform

Stock Market Highlights on Wednesday, May 21, 2025: Among the broader markets, Nifty Midcap100, and Nifty Smallcap100 indices settled with gains of 0.78 per cent and 0.38 per cent respectively

3:58 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty remained confined within the range of the previous session, suggesting that traders are staying on the sidelines awaiting a clear signal. A fall below 24,700 could trigger a market correction, potentially leading to a decline toward the 21-EMA, which is currently positioned around 24,428. Overall, sentiment is likely to remain sideways to bearish as long as the Nifty stays below 25,000. However, if the Nifty reclaims the 25,000 level, the sentiment may turn bullish, and short bets would lose their appeal.

View by Rupak De, senior technical analyst, LKP Securities.

3:39 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Markets exhibited a broadly positive undertone today; however, overall sentiment remained confined within a narrow range, indicating risk of “sell on rallies” strategy in the near future amid escalating uncertainty around India - US trade negotiations. There is a growing perception that India may not derive the anticipated benefits initially projected during the peak of the tariff war, which has since de-escalated.

FIIs turned net sellers due to the concerns over the recent US credit rating downgrade, tax cut plans in the US that could significantly widen the fiscal deficit, and its effect on the upcoming Fed policy next month. This change in stance hints at an increased probability of emerging risk-averse sentiment in the near term.

View by Vinod Nair, head of research, Geojit Investments Limited.

3:38 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Bajaj Finserv, Tata Steel, Sun Pharma were among the top gainers on Sensex at close.

3:37 PM

Stock Market LIVE Updates: Broader market indices close higher

Stock Market LIVE Updates: BSE Midcap and Smallcap indices closed 0.9 per cent and 0.51 per cenr respectively. 

3:35 PM

Stock Market LIVE Updates: Sensex closes 410 pts higher at 81,596.63

Stock Market LIVE Updates: BSE Sensex ended at 81,596.63, up 410.19 points or 0.51 per cent. 

 

3:34 PM

Stock Market LIVE Updates: Nifty settles at 24,813.45, up 130 pts

Stock Market LIVE Updates: NSE Nifty50 finished at 24,813.45, rising 129.55 points or 0.52 per cent. 

 

3:24 PM

Stock Market LIVE Updates: India's Russian oil imports hit 10-month high on strong ESPO crude demand

Stock Market LIVE Updates: India's Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend.

 

The robust demand for the lighter Russian grades in the world's third biggest oil importer and consumer is expected to last into July as Indian refiners ordered more than 10 cargoes of June-loading ESPO crude last week, traders said. READ MORE

3:11 PM

Stock Market LIVE Updates: Tata Sons may infuse capital into Tata Tele as AGR dues cross Rs 19,000 cr

Stock Market LIVE Updates: Tata Sons Ltd, the holding company of the $150 billion Tata Group, may be forced to inject fresh capital into its loss-making telecom arm, Tata Teleservices Ltd, as the unit stares at Rs 19,256 crore in adjusted gross revenue (AGR) and other dues owed to the Indian government. READ MORE

3:00 PM

Stock Market LIVE Updates: 3 PM Market update; Sensex trades higher by 390 pts; Nifty above 24,800

Stock Market LIVE Updates:  The benchmark equity indices continued to trade higher on Wednesday. At 3:00 PM, the BSE Sensex stood at 81,578.27, up 391.83 points or 0.48 per cent. The NSE Nifty50 was at 24,805.85, higher by 121.95 points or 0.49 per cent.

2:48 PM

Stock Market LIVE Updates: Belrise Industries IPO subscription update

Stock Market LIVE Updates: The initial public offering (IPO) of automotive component manufacturer Belrise Industries has received a decent response from investors on the first day of bidding. 

The issue was subscribed by 47 per cent as of 2:30 PM, according to National Stock Exchange (NSE) data. The quota reserved for non-institutional investors (NIIs) was subscribed over 83 per cent, followed by retail investors at 35 per cent and the qualified institutional buyers (QIBs) quota was subscribed 39 per cent so far.  READ MORE

2:36 PM

Stock Market LIVE Updates: MRF, Escorts among 5 stocks to bow out of F&O next week; tech view here

Stock Market LIVE Updates: The upcoming futures & options (F&O) expiry next week on May 29, 2025 shall be the last one for these 5 stocks in the derivatives segment. The National Stock Exchange (NSE) through a circular on March 20, 2025, had stated that contracts for new expiry months in the following 5 securities - Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements - will not be introduced. Meaning, no new futures or options contracts in these 5 stocks will be available for trading from June 2025 onwards. READ MORE

2:21 PM

Stock Market LIVE Updates: J Kumar Infraprojects share price pops 4% as Q4 profit rises 15% YoY

Stock Market LIVE Updates: Infrastructure company J Kumar Infraprojects shares were buzzing in trade on Wednesday, May 21, 2025, with the scrip rallying up to 3.63 per cent to ₹725 per share. 

 

J Kumar Infra share price rose on the back of healthy results in the March quarter of financial year 2025 (Q4FY25). READ MORE

2:14 PM

Stock Market LIVE Updates: Apollo Micro rallies 9% on heavy volumes, nears record high; here's why

Stock Market LIVE Updates: Shares of Apollo Micro Systems moved higher by 9 per cent to ₹148 on the BSE in Wednesday’s intra-day trade amid heavy volumes in an otherwise subdued broader market. 

 

In the past six months, it zoomed nearly 60 per cent, as compared to a 5.6 per cent rise in the BSE Sensex. READ MORE

2:01 PM

Stock Market LIVE Updates: 2 PM Market Update - Sensex up 300 pts, Nifty below 24,800

Stock Market LIVE Updates: Indian equity benchmarks gave up early gains but were trading higher on Wednesday, driven by gains in realty, pharma, and financial stocks. 

 

At 2 PM, the BSE Sensex was trading at 81,508.4 levels, up 317.9 points, or 0.39 per cent. The Nifty50 was at 24,787.45, up 103.55 points or 0.42 per cent.

1:57 PM

Stock Market LIVE Updates: Here's a snapshot of primary market activity today

Stock Market LIVE Updates: In the primary market, Belrise Industries' IPO, which opened for subscription today, was subscribed around 42 per cent as of 1:50 PM. Borana Weaves IPO was subscribed around 21.22 times second day of bidding.

1:52 PM

Stock Market LIVE Updates: Analysts wary of IT stocks amid Moody's US downgrade

Stock Market LIVE Updates: Investors holding information technology (IT) stocks in their portfolios seem to be stuck at a crossroads. While US President Donald Trump's 90-day tariff pause and hard negotiations to strike deals with various countries, including India and China, lifted sentiment, Moody's downgrade of the economy’s credit ratings has clouded the outlook. READ MORE

 

1:48 PM

Stock Market LIVE Updates: IMF's Gita Gopinath says US needs to curb fiscal deficit

Stock Market LIVE Updates: International Monetary Fund First Deputy Managing Director Gita Gopinath has warned that the United States is running excessively large fiscal deficits and must urgently address its “ever-increasing” debt burden. 

 

Gopinath’s comments come days after Moody’s downgraded the US sovereign credit rating, citing the federal government’s failure to rein in its rising $36 trillion debt and persistently large deficits. READ MORE

1:32 PM

Stock Market LIVE Updates: Edelweiss Financial Services rises 3% after Carnelian Asset buys stake

Stock Market LIVE Updates: Edelweiss Financial Services share price gained 3.2 per cent in trade on Wednesday, logging an intraday high at ₹96.69 per share on BSE. The stock surged a day after shares were bought by Carnelian Asset Management and Advisors via a bulk deal on BSE.

 

At 1:10 PM, Religare Enterprises shares were up 2.03 per cent at ₹95.59 per share on the BSE. Carnelian Asset Management and Advisors, acquired 80,00,000 shares of Edelweiss at an average price of ₹90.4 per share. However, the Edelweiss Employees Welfare Trust offloaded 1,60,00,000 shares in the company at the same price. READ MORE

1:22 PM

Stock Market LIVE Updates: Solar Industries shares gain 5% on Q4 results, dividend call; details here

Stock Market LIVE Updates: Shares of Solar Industries India were buzzing in trade on the bourses on Wednesday, May 21, 2025. The company's share price climbed 4.52 per cent to ₹14,100 per share on the National Stock Exchange (NSE) during the intra-day deals on Wednesday.

 

The northward movement in Solar Industries India's share price came on back of company's announcements of its financial results for the fourth quarter of 2024-25 (Q4FY25), as well as a dividend reward for its shareholders. READ MORE

1:11 PM

Stock Market LIVE Updates: Religare Enterprises climbs 7% in trade; here's what is behind surge

Stock Market LIVE Updates: Religare Enterprises share price jumped 6.6 per cent in trade on Wednesday, logging an intraday high at ₹234 per share on BSE after the after the company announced its Q4 results. 

 

At 12:45 PM, Religare Enterprises shares were up 4.28 per cent at ₹228.85 per share on the BSE. The company's consolidated net profit after tax (PAT) stood at ₹151.3 crore as compared to ₹181 crore a year ago, down 17 per cent year-on-year (Y-o-Y). However, sequentially, the company swung from loss of ₹36.28 crore in Q3. Its revenue from operations increased 9.3 per cent Y-o-Y to ₹2,028.4 crore for Q4 against ₹1,855.68 crore a year ago. In Q3, the revenue stood at ₹1,664.4 crore. READ MORE

1:00 PM

Stock Market LIVE Updates: 1 PM Market Update - Sensex up 200 pts, Nifty below 24,800

Stock Market LIVE Updates: Indian equity benchmarks were trading higher on Wednesday, driven by gains in realty, pharma, IT and auto stocks. 

 

At 1 PM, the BSE Sensex was trading at 81,394 levels, up 207 points, or 0.26 per cent. The Nifty50 was at 24,761, up 77 points or 0.31 per cent.

12:52 PM

Stock Market LIVE Updates: Bajaj Finserv shares gain 2%; among top gainers on Sensex; here's why

Stock Market LIVE Updates: Bajaj Finserv share price gained 2 per cent in trade on Wednesday, logging an intraday high at ₹2,045 per share on BSE. At 12:17 PM, Bajaj Finserv shares were up 0.92 per cent at ₹2,020.8 per share on the BSE.

 

The demand for the stock came after the Competition Commission of India (CCI) approved the acquisition of Bajaj Allianz Life Insurance Company, Bajaj Allianz General Insurance Company, and Bajaj Allianz Financial Distributors by Bajaj Finserv, Bajaj Holdings & Investment, and Jamnalal Sons. READ MORE

12:44 PM

Stock Market LIVE Updates: How to trade Muthoot Finance stock as it tests 200-DMA support? Find out

Stock Market LIVE Updates: Muthoot Finance stock has slipped nearly 9 per cent in the last one week after the gold loan lender reported its Q4 results on May 14. For the quarter ended March 2025, Muthoot Finance posted a 30 per cent rise year-on-year (YoY) in consolidated net profit at ₹1,477.70 crore as against ₹1,389.1 crore in Q4FY24. Consolidated revenue from operations increased by 35 per cent YoY to ₹5,621.7 crore from ₹4,163.8 crore.

 

Further, Muthoot Finance reported its highest-ever consolidated loan Assets Under Management (AUM) at ₹1,22,181 crore, reflecting a 37 per cent Y-o-Y growth. READ MORE

 

12:35 PM

Stock Market LIVE Updates: Morgan Stanley sees Sensex at 89,000 by June 2026, 8% upside potential

Stock Market LIVE Updates: Morgan Stanley expects the benchmark Sensex to reach 89,000 by June 2026. This implies a modest upside of 8 per cent from current levels. The Sensex last traded half a per cent higher at 81,642.

 

In a report, the foreign brokerage identified several strong fundamental tailwinds for domestic equities. Morgan Stanley also pointed to "technical supportive" factors such as persistent buying by retail investors, low volatility, and foreign portfolio investors' weakest positioning since 2000. READ MORE

12:12 PM

Stock Market LIVE Updates: PSU defence stock hits new high on heavy volumes; zooms 24% in 2 weeks

Stock Market LIVE Updates: Share price of Bharat Electronics (BEL) hit a new peak of ₹379.90 today, gaining 4 per cent on the BSE in Wednesday's intraday trade amid heavy volumes, as strong order book position provided healthy revenue visibility going forward.

 

In the past two weeks, the stock price of the 'Navratna' defence public sector undertaking (PSU) company has rallied 24 per cent. Moreover, BEL share price has bounced back 51 per cent from its previous month low of ₹252.25, touched on April 7, 2025. READ MORE

12:02 PM

Stock Market LIVE Updates: 12 PM Update- Sensex down 311 pts; Nifty below 25,000

Stock Market LIVE Updates: Sensex rose 467 points or 0.57 per cent at 81,653.01, at 12 PM. NSE Nifty50 was up 114.75 points or 0.46 per cent at 24,803.2. 

11:54 AM

Stock Market LIVE Updates: BMW Industries shares rally 12% on ₹364 crore order win from Tata Steel

Stock Market LIVE Updates: Shares of BMW Industries rose nearly 12 per cent in Wednesday's intraday session after it landed an order worth ₹364.69 crore from Tata Steel for the conversion of hot rolled coils into tubes. 

 

The steel processing company's stock rose as much as 11.68 per cent during the day to ₹59.7 per share, the biggest intraday gain since May 5. The stock pared gains to trade 4.5 per cent higher at ₹55.8 apiece, compared to a 0.72 per cent advance in BSE Sensex as of 11:06 AM. READ MORE 

11:43 AM

Stock Market LIVE Updates: Buying seen across sectors

Stock Market LIVE Updates: On the sectoral front, broad-based buying was seen. Among others, Nifty Realty, Auto, Pharma gained over 1 per cent. 

11:34 AM

Stock Market LIVE Updates: Why are Whirlpool of India share price rising 8% in trade

Stock Market LIVE Updates: Shares of Whirlpool of India spiked 8 per cent to hit an intraday high of ₹1,399 apiece, on Wednesday, May 21, 2025.

 

However, at 11:00 AM, Whirlpool of India shares pared gains, and were trading 1.47 per cent lower at ₹1,276.45 per share. In comparison, BSE Sensex was trading 0.91 per cent higher at 81,927.74 level. READ MORE 

11:27 AM

Stock Market LIVE Updates: Oil hits 1-week high as dollar weakens on Israel-Iran strike report

Stock Market LIVE Updates: Oil prices climbed to their highest level in a week as the US dollar weakened, following a reports indicating that new US intelligence points to Israel potentially preparing for a strike on Iranian nuclear facilities.

 

Brent crude rose 1.7 per cent. The reports noted that it is unclear whether Israeli leaders have made a final decision to proceed with the strikes. Safe-haven currencies like the Swiss franc and Japanese yen edged higher. Meanwhile, yields on Japanese super-long government bonds eased after a sharp rise on Tuesday, and 30-year US Treasury yields remained near 5 per cent. READ MORE