Markets Dip at Midday: Engineering Services Shine Amid Overall Decline
By ScanX News Team
Indian markets show a slight downward trend at midday on May 16, 2025, with Nifty 50 down 0.35% and Sensex down 0.37%. Engineering Services and Aerospace & Defense sectors outperform, while Printing & Stationery and Aviation face headwinds. Wanbury Ltd emerges as a top gainer with a 14.60% surge, while Neuland Laboratories sees an 11.00% fall. The market displays a mixed picture with broader indices in red, but select sectors and stocks demonstrate resilience.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on May 16, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is trading at 24,974.90, down 87.20 points or 0.35% from its previous close. Similarly, the BSE Sensex stands at 82,227.51, reflecting a decrease of 303.23 points or 0.37%.
Sectoral Performance
Despite the overall market decline, certain sectors are outperforming:
| Sector | Average % Change |
|---|---|
| Engineering Services | 4.10% |
| Aerospace & Defense | 3.94% |
| Castings, Forgings & Fasteners | 3.59% |
| Transport Services | 2.91% |
| Cables | 1.94% |
On the flip side, the following sectors are facing headwinds:
| Sector | Average % Change |
|---|---|
| Printing & Stationery | -2.05% |
| Aviation | -1.59% |
| Healthcare Services | -0.28% |
Buzzing Stocks
Several stocks are making waves in today's trading session:
- Wanbury Ltd: Emerges as a top gainer, surging 14.60% to ₹318.08 following strong Q4 results with improved EBITDA and revenue.
- Senores Pharma: Faces a 6.94% decline to ₹503.00 despite a rise in Q4 net profit, as EBITDA margins contracted.
- Datamatics Global Services: Drops 6.39% to ₹618.00 after reporting a 14.6% YoY decline in Q4 net profit, despite revenue growth.
- Neuland Laboratories: Sees an 11.00% fall, trading at ₹11,111.00 after weak Q4 results with significant declines in net profit and revenue.
- NOCIL: Experiences a 6.26% dip to ₹184.00 following lower Q4 EBITDA and net profit figures.
- Pricol Ltd: Trades 5.51% lower at ₹439.10, despite revenue growth, as Q4 net profit declined by 15.9% YoY.
Conclusion
As the trading day progresses, the market shows a mixed picture with broader indices in the red, while select sectors and stocks demonstrate resilience. Engineering Services and Aerospace & Defense sectors are notable outperformers, while Printing & Stationery and Aviation face significant pressure. Investors are closely watching company results and their impact on stock performances in this volatile session.
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