Markets at Noon: Nifty and Sensex Climb 0.48% Amid Mixed Sectoral Performance
By ScanX News Team
Indian stock markets show positive momentum at midday on May 21, 2025, with Nifty 50 up 0.48% at 24,801.45 and Sensex gaining 0.48% to 81,577.71. Engineering Services sector leads with an 8.70% surge, while Cables underperform at -0.83%. Dredging Corporation of India emerges as the top buzzing stock, soaring 15.91% on strong Q4 results. However, Music Broadcast and Fineotex Chemical face significant declines following disappointing quarterly performances.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on May 21, 2025, Indian stock markets are showing positive momentum. The Nifty 50 is trading at 24,801.45, up 117.55 points or 0.48% from its previous close. Similarly, the BSE Sensex has gained 391.27 points, also up 0.48%, to reach 81,577.71.
Sectoral Performance
The market is witnessing a mixed bag of sectoral performances:
Top Performing Sectors
| Sector | Performance |
|---|---|
| Engineering Services | 8.70% |
| Trading | 1.50% |
| Castings, Forgings & Fasteners | 1.41% |
Underperforming Sectors
| Sector | Performance |
|---|---|
| Cables | -0.83% |
| Printing & Stationery | -0.64% |
| Beverages | -0.45% |
Buzzing Stocks
Several stocks are making headlines in today's trading session:
Dredging Corporation of India: The stock surged by 15.91% to ₹785.75 following impressive Q4 results, with a 42.5% increase in revenue and a 33.8% rise in net profit.
Music Broadcast Limited: Shares plummeted 13.68% to ₹9.34 after reporting a net loss in Q4 and a decrease in revenue.
Fineotex Chemical: The stock declined by 10.43% to ₹230.50 following a drop in Q4 EBITDA and net profit.
Themis Medicare: Shares fell 10.07% to ₹144.00 after reporting a consolidated net loss for Q4.
Dixon Technologies: Despite strong growth projections, the stock dropped 6.33% to ₹15,517.00, possibly due to concerns over expensive valuations and upcoming PLI expiry.
Conclusion
The midday trading session shows a positive trend in the broader market indices, with both Nifty and Sensex up by 0.48%. However, there's significant variation in sectoral performances, with Engineering Services leading the gains while Cables face the most pressure. Individual stocks are reacting strongly to their respective quarterly results and company-specific news.
