Markets at Noon: Nifty and Sensex Dip as Printing & Stationery Sector Leads Losses
By ScanX News Team
Indian markets show a slight downward trend at midday on May 28, 2025, with Nifty 50 down 0.23% and Sensex down 0.22%. Cables and Aviation sectors outperform, while Printing & Stationery faces pressure. Ravindra Energy surges 20% on Q4 profits and EV agreement. Techno Electric and Precision Camshafts also see significant gains following strong quarterly results. However, Entero Healthcare and Oriental Aromatics decline despite improved financials.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on May 28, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 24,770.15, down 56.05 points or 0.23% from its previous close. Similarly, the BSE Sensex stands at 81,370.18, registering a decline of 181.45 points or 0.22%.
Sectoral Performance
The market is witnessing mixed sectoral performance, with some sectors showing strength while others face pressure.
Top Performing Sectors
| Sector | Change (%) |
|---|---|
| Cables | +4.25 |
| Aviation | +2.28 |
| Aerospace & Defense | +1.57 |
| Trading | +1.25 |
Top Losing Sectors
| Sector | Change (%) |
|---|---|
| Printing & Stationery | -2.26 |
| Diamond, Gems and Jewellery | -0.73 |
| Beverages | -0.41 |
Buzzing Stocks
Several stocks are making headlines today based on their quarterly results and corporate announcements:
Ravindra Energy surged 20% after reporting a Q4 consolidated net profit of ₹129.00 million, compared to a loss in the previous year. The company's associate, Energy in Motion, signed an exclusive agreement with Beiqi Foton Motor Co. Ltd. for electric heavy commercial vehicles in India.
Techno Electric & Engineering jumped 11.67% following strong Q4 results, with revenue increasing 86% to ₹815.79 crore and EBITDA doubling.
Precision Camshafts gained 13.5% after announcing a Q4 consolidated net profit of ₹404.40 million, up from ₹33.50 million year-over-year. The company also recommended a final dividend of ₹1 per equity share.
On the downside, Entero Healthcare Solutions fell 9.53% despite reporting improved Q4 results, including higher EBITDA and net profit.
Oriental Aromatics declined 8.76% following a decrease in Q4 EBITDA and net profit compared to the previous year.
Conclusion
As the trading day reaches its midpoint, the Indian markets are showing a slight bearish trend. While some sectors like Cables and Aviation are outperforming, others such as Printing & Stationery are facing pressure. Investors are closely watching the performance of individual stocks, particularly those that have recently released their quarterly results.
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