NewsMarketsMarket Wrap: Nifty, Sensex Surge Nearly 1% on May 23, 2025; Printing & Stationery Sector ShinesMarket Wrap: Nifty, Sensex Surge Nearly 1% on May 23, 2025; Printing & Stationery Sector Shines
By ScanX News Team
Indian stock markets closed strong on May 23, 2025, with Nifty 50 and BSE Sensex gaining almost 1%. Printing & Stationery sector led gains, while Aerospace & Defense underperformed. Buzzing stocks included BSE Ltd (ex-bonus), Sigma Solve (strong Q4), and Honasa Consumer (despite profit decline). Market breadth was positive with 2,484 advancing stocks out of 4,297 traded.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed on a strong note on May 23, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, registering gains of nearly 1%. The Nifty 50 index closed at 24,853.15, up 243.45 points or 0.99% from the previous close. Similarly, the BSE Sensex ended the day at 81,721.08, marking a rise of 769.09 points or 0.95%.
Sectoral Performance
Top Performing Sectors
- Printing & Stationery (Avg. Per Change: +10.73%)
- Diamond, Gems and Jewellery (Avg. Per Change: +7.25%)
- Transport Services (Avg. Per Change: +3.25%)
Underperforming Sectors
- Aerospace & Defense (Avg. Per Change: -0.72%)
- Engineering Services (Avg. Per Change: -0.49%)
- Aviation (Avg. Per Change: -0.34%)
- Energy (Avg. Per Change: -0.15%)
Buzzing Stocks
Several stocks made headlines during the trading session:
BSE Ltd: The stock began trading ex-bonus, implementing a 2:1 bonus issue. On a post-adjustment basis, BSE shares rose 2.3% to a high of Rs 2,389. However, it later declined, closing at Rs 2,448, down 65.01%.
Sigma Solve: The company reported strong Q4 results with EBITDA increasing to 97 million rupees from 60 million rupees year-over-year. The stock surged 20% to close at Rs 380.10.
Honasa Consumer (Mamaearth): Despite reporting an 18% YoY decline in Q4FY25 net profit, the stock rallied 20.00% to end at Rs 330.19.
Credo Brands Marketing (Mufti): The company announced impressive Q4 results and a dividend of 3 rupees per share. The stock closed at Rs 173.84, up 20.00%.
Reliance Power: The stock rallied over 16% following positive technical indicators and increased institutional holdings, closing at Rs 51.90.
Market Breadth
The overall market breadth was positive, with more advancing stocks than decliners:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,297 |
| Positive | 2,484 |
| Negative | 1,813 |
Conclusion
The Indian stock market demonstrated robust performance on May 23, 2025, with significant gains in major indices. The Printing & Stationery sector led the rally, while Aerospace & Defense faced headwinds. Notable stock movements were observed in BSE Ltd, Sigma Solve, and Honasa Consumer, among others. The positive market breadth further underscored the day's bullish sentiment.
