Market Wrap: Nifty and Sensex Tumble Nearly 1% Amid Sector-Wide Selloff
By ScanX News Team
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.
*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:
- Engineering Services, with an average percentage change of -2.69%
- 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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