Markets Soar: Nifty and Sensex Surge Over 2.5% by Midday on May 12

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

Indian stock markets are witnessing a robust midday rally on May 12, 2025, with Nifty 50 up 2.97% at 24,720.15 and Sensex climbing 2.88% to 81,744.91. Power sector leads the surge with a 6.23% gain, followed by Aviation and Engineering Services. Birla Corporation emerges as a standout performer, hitting a 20% upper circuit after impressive Q4FY25 results. The broad-based rally across sectors indicates strong investor confidence and positive market sentiment.

8577140

*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets are witnessing a robust rally as of midday on May 12, 2025, with both benchmark indices posting significant gains. The Nifty 50 has surged by 2.97% to reach 24,720.15 points, while the BSE Sensex has climbed 2.88% to 81,744.91 points. This bullish sentiment has pushed the markets to new intraday highs, reflecting strong investor confidence.

Sectoral Performance

The market's upward trajectory is being led by several outperforming sectors:

Sector Average Percentage Change
Power 6.23%
Aviation 5.90%
Engineering Services 4.34%
Utilities 4.29%
Capital Markets 4.23%

These sectors are driving the overall market momentum, indicating broad-based buying interest across various industries.

Buzzing Stocks

Birla Corporation

Birla Corporation has emerged as a standout performer in today's trading session. The stock hit the 20% upper circuit, trading at ₹1,268.80, marking a 19.99% increase. The surge comes on the back of impressive Q4FY25 results:

  • Net profit jumped 33% YoY to ₹257.00 crore
  • Cement sales volume grew 8% YoY to 5.2 million tonnes
  • Capacity utilization reached 105%
  • Net debt reduced to ₹2,244.00 crore by March-end

The company also announced a dividend of ₹10.00 per equity share, further boosting investor sentiment.

Market Breadth

While specific market breadth data is not available, the strong performance across major indices and key sectors suggests a positive market breadth. The significant gains in the Nifty and Sensex, coupled with the outperformance of multiple sectors, indicate widespread buying interest across the market.

Conclusion

As the trading day reaches its midpoint, the Indian stock markets are showcasing remarkable strength. The substantial gains in both the Nifty 50 and BSE Sensex, coupled with robust sector-wide performance, paint a picture of bullish sentiment. Birla Corporation's stellar performance following its Q4 results highlights the potential for individual stocks to outperform in this positive market environment.

like16
dislike
Explore Other Articles
Rajasthan Gases Reduces Stake in Gujarat Natural Resources, Sells 50 Lakh Shares just now
Wardwizard Innovations Promoter Yatin Gupte's 3 Lakh Pledged Shares Invoked by KNAB Finance 3 minutes ago
Microsoft Surges Past Expectations: AI-Driven Growth Propels Azure and Revenue 58 minutes ago
Trump Unveils Landmark Trade Deal with South Korea: $100B LNG Purchase and 15% Tariff Agreement 3 hours ago
Premier Explosives Secures ₹22.36 Crore International Order for Rocket Motors 9 hours ago