Market Wrap: Nifty, Sensex Soar Nearly 4% in Spectacular Rally on May 12

2 min read     Updated on 12 May 2025, 03:32 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Indian stock markets witnessed a phenomenal rally on May 12, 2025, with Nifty 50 closing at 24,920.80 (up 3.80%) and BSE Sensex at 82,429.90 (up 3.74%). The power sector led gains at 7.00%, followed by aviation at 6.64%. Birla Corporation hit a 20% upper circuit after strong Q4 results, while MAN Industries jumped 19.99%. Market breadth was overwhelmingly positive with 3,866 advancing stocks out of 4,489 traded.

8589740

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

Market Overview

The Indian stock markets witnessed a phenomenal rally on May 12, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, surging by nearly 4%. The bullish sentiment was driven by strong performances across multiple sectors, particularly in power and aviation.

The Nifty 50 index closed at 24,920.80, registering a robust gain of 912.80 points or 3.80% from its previous close. Similarly, the BSE Sensex ended the day at 82,429.90, up by an impressive 2,975.43 points or 3.74%.

Sectoral Performance

The market rally was broad-based, with several sectors posting significant gains:

Sector Average % Change
Power 7.00
Aviation 6.64
Metals & Mining 4.89
Utilities 4.84
Engineering Services 4.69

The power sector led the charge with an average percentage change of 7.00%, followed closely by aviation at 6.64%. Metals & mining, utilities, and engineering services also showed strong performances, all registering gains above 4.5%.

Buzzing Stocks

Birla Corporation

Birla Corporation's stock hit the 20% upper circuit, closing at ₹1,268.80. The surge came on the back of impressive Q4FY25 results, with net profit rising 33% year-on-year to ₹257 crore. The company reported improved demand, pricing, and 105% capacity utilization. Cement sales volume grew 8% YoY to 5.2 million tonnes in Q4. The company also reduced its net debt to ₹2,244 crore by March-end and announced a dividend of ₹10 per equity share.

MAN Industries

MAN Industries saw a significant jump in its stock price, closing at ₹314.25, up 19.99%. The company reported a substantial year-over-year increase in its consolidated net profit for the fourth quarter, rising to ₹682 million from ₹241 million in the same period last year.

Market Breadth

The market breadth was overwhelmingly positive, indicating a broad-based rally:

Category Number of Scrips
Total 4,489
Positive 3,866
Negative 623

Out of the total 4,489 scrips traded, an impressive 3,866 stocks advanced, while only 623 declined, showcasing the strength of the bullish sentiment in the market.

Conclusion

The Indian stock market demonstrated exceptional strength on May 12, 2025, with both Nifty 50 and Sensex posting gains of nearly 4%. The rally was driven by strong performances across multiple sectors, particularly power and aviation. Key stocks like Birla Corporation and MAN Industries saw significant upticks on the back of robust quarterly results. The overwhelmingly positive market breadth further underscored the broad-based nature of this remarkable trading session.

Explore Other Articles
BLS E-Services Reports Strong Q4 Growth and Announces Dividend3 hours ago
Sagility India Reports Robust Q4 FY24 Results with 207% Surge in Net Profit3 hours ago
Genesys International Sets QIP Floor Price at ₹665.60 per Share5 hours ago
SBI to Consider $3 Billion Offshore Bond Issuance for FY 2025-265 hours ago
Emerald Finance Expands Bill Discounting Services through Singapore Partnership5 hours ago
Vinsys IT Services India Secures ₹186.9 Crore Order, Boosting Business Prospects7 hours ago