Markets Surge at Midday: Nifty and Sensex Both Up Nearly 1%
By ScanX News Team
Indian markets show strong positive momentum at midday on May 23, 2025. Nifty 50 up 0.93% at 24,839.45, BSE Sensex gains 0.89%. Printing & Stationery sector leads with 8.27% average change, while Engineering Services underperforms at -0.77%. Buzzing stocks include BSE Ltd (ex-bonus), Credo Brands Marketing (strong Q4), and SEAMEC (new JV). Market breadth positive despite some notable decliners.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on May 23, 2025, Indian markets are showing strong positive momentum. The Nifty 50 is trading at 24,839.45, up 229.75 points or 0.93% from its previous close. Similarly, the BSE Sensex has gained 719.83 points or 0.89%, currently standing at 81,671.82.
Sectoral Performance
Top Performing Sectors
- Printing & Stationery (Avg. Per Change: 8.27%)
- Transport Services (Avg. Per Change: 3.54%)
- Insurance (Avg. Per Change: 1.62%)
- Trading (Avg. Per Change: 1.54%)
Underperforming Sectors
- Engineering Services (Avg. Per Change: -0.77%)
- Aerospace & Defense (Avg. Per Change: -0.08%)
- Energy (Avg. Per Change: -0.04%)
- Food Products (Avg. Per Change: -0.02%)
Buzzing Stocks
BSE Ltd: Trading ex-bonus today, implementing a 2:1 bonus issue. The stock is up 2.30% to Rs 2,389.00 on a post-adjustment basis.
Credo Brands Marketing: Reported strong Q4 results with net profit doubling to Rs 138 million. The stock is up 20.00% at Rs 173.84.
SEAMEC: Subsidiary formed a joint venture in GIFT City for vessel operations. The stock has surged 17.07% to Rs 1,007.70.
Honasa Consumer (Mamaearth): Despite an 18% YoY decline in Q4 net profit, the stock is up 16.67% at Rs 321.02.
HPL Electric & Power: Reported a significant increase in Q4 net profit. The stock is trading 14.82% higher at Rs 556.70.
Centum Electronics: Turned profitable in Q4 with a net profit of Rs 22 crore. The stock has gained 13.11% to Rs 2,328.60.
On the downside:
Windlas Biotech: Despite revenue growth, the stock is down 9.89% at Rs 874.90.
Sanghvi Movers: Announced a new order worth Rs 49.5 crore, but the stock is trading 9.43% lower at Rs 292.90.
Kriti Nutrients: Reported a decline in Q4 profits, with the stock down 9.08% at Rs 110.12.
Market Breadth
The overall market sentiment appears positive, with several stocks showing significant gains. However, there are also notable decliners, indicating a mixed but generally upward-trending market at midday.
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