Markets Dip at Midday: Engineering Services Shine Amid Overall Decline

1 min read     Updated on 16 May 2025, 12:02 PM
scanxBy ScanX News Team
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Overview

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.

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*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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