Market Wrap: Nifty and Sensex Close in Red Amid Sectoral Weakness on May 6, 2025
Indian stock markets ended negative on May 6, 2025, with Nifty 50 down 0.33% and Sensex down 0.19%. Engineering Services (-4.88%) and Aviation (-3.94%) were the worst-performing sectors. Century Enka and Bank of Baroda fell sharply post Q4 results, while CCL Products India surged 17.17%. Market breadth was decisively negative with 3,410 stocks declining against 877 advancing.

*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed on a negative note on May 6, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, ending in the red. The Nifty 50 closed at 24,461.15, down 81.55 points or 0.33%, while the BSE Sensex finished at 80,796.84, shedding 155.77 points or 0.19%.
Sectoral Performance
The market witnessed significant weakness across various sectors:
- Engineering Services (-4.88%)
- Aviation (-3.94%)
- Power (-3.63%)
- Aerospace & Defense (-3.62%)
- Banks (-3.19%)
These sectors experienced notable declines, contributing to the overall negative sentiment in the market.
Buzzing Stocks
Century Enka Ltd
Century Enka announced its Q4 results, reporting a decline in revenue and profitability. The stock plummeted 13.87% to close at ₹452.90. The company's revenue decreased to ₹4.40 billion from ₹4.70 billion year-over-year, while net profit fell to ₹69 million from ₹203 million. Despite the lower performance, a dividend of ₹10 per share was declared.
Bank of Baroda Ltd
Bank of Baroda's stock fell 10.12% to ₹223.91 following its Q4 results. While the bank's net profit grew 3.2% YoY to ₹5,048 crore, beating estimates, its Net Interest Income fell 6.6% YoY to ₹11,019 crore, missing expectations. The bank's board recommended a dividend of ₹8.35 per equity share for FY2024-25.
CCL Products India Ltd
In contrast to the overall market trend, CCL Products India saw a significant surge of 17.17%, closing at ₹694.45. The company reported a 57% YoY increase in Q4FY25 net profit to ₹102 crore, with revenue growing to ₹836 crore. A final dividend of ₹5 per share was recommended.
Market Breadth
The market breadth was decisively negative, indicating a broad-based selloff:
Category | Number of Scrips |
---|---|
Total Traded | 4,287 |
Positive | 877 |
Negative | 3,410 |
Conclusion
The Indian stock market ended the day on a bearish note, with significant pressure seen in engineering services, aviation, power, aerospace & defense, and banking sectors. While most stocks faced selling pressure, CCL Products India stood out with strong gains following positive Q4 results. Investors will be closely watching for any potential market-moving events in the coming sessions.