Market Wrap: Nifty and Sensex Tumble Nearly 1% Amid Sector-Wide Selloff

1 min read     Updated on 20 May 2025, 03:31 PM
scanxBy ScanX News Team
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Overview

Indian stock markets closed in the red on May 20, 2025, with Nifty 50 down 0.93% at 24,713.20 and Sensex shedding 0.96% to 81,270.76. Engineering Services and Aviation sectors were the top losers. HLE Glascoat and HT Media surged nearly 20% on strong Q4 results, while Ganesh Benzoplast and Quess Corp faced significant declines. Market breadth was negative with 2,679 decliners against 1,657 advancers out of 4,336 traded stocks.

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*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets closed in the red on May 20, 2025, with both benchmark indices witnessing significant declines. The Nifty 50 ended the day at 24,713.20, down 232.25 points or 0.93% from its previous close. Similarly, the BSE Sensex closed at 81,270.76, shedding 788.66 points or 0.96%.

Sectoral Performance

The market witnessed a broad-based selloff, with most sectors ending in negative territory. The top losing sectors were:

  1. Engineering Services, with an average percentage change of -2.69%
  2. Aviation, declining by an average of -2.42%

On the flip side, the Media sector managed to eke out marginal gains, with an average percentage change of 0.00%.

Buzzing Stocks

Several stocks made headlines during the trading session:

Company LTP (₹) Change (%) Key Development
HLE Glascoat 362.60 19.99 Q4 net profit surged to ₹203 million, up from ₹99.3 million YoY
HT Media 21.56 19.98 Q4 net profit jumped to ₹41 crore from ₹1.2 crore last year
Newgen Software 1,360.00 18.50 Saudi subsidiary secured $1.63 million software services deal
NDTV 164.50 11.54 Shares rose over 40% in eight consecutive sessions
Ganesh Benzoplast 109.19 -14.96 BW Group and CPIL withdrew from JNPT LPG terminal project
Quess Corp 338.05 -9.43 Reported Q4 consolidated net loss of ₹954.9 million
DOMS Industries 2,549.00 -8.88 Plans to acquire 51% stake in Super Treads
Protean eGov 1,047.30 -8.39 Lost contention for government's PAN 2.0 project

Market Breadth

The overall market breadth was negative, with decliners outnumbering advancers:

Category Number of Scrips
Total Traded 4,336
Positive 1,657
Negative 2,679

Conclusion

The Indian stock markets experienced a challenging session on May 20, 2025, with widespread selling pressure across sectors. While a few stocks bucked the trend with significant gains, the overall sentiment remained bearish, as reflected in the negative market breadth and the decline in major indices.

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