NewsMarketsMid Day Bell: Nifty and Sensex Climb as Engineering and Transport Sectors Lead GainsMid Day Bell: Nifty and Sensex Climb as Engineering and Transport Sectors Lead Gains
By ScanX News Team
Indian stock markets show positive momentum at midday on March 27, 2025, with Nifty 50 up 0.48% at 23,600.25 and BSE Sensex gaining 0.49% to 77,666.47. Engineering Services (+1.502%) and Transport (+1.307%) sectors lead gains, while Forest Materials (-0.681%) and Retail (-0.645%) underperform. Buzzing stocks include IRM Energy (+10.542%) on RLNG agreement, J.B. Chemicals (-7.154%) amid KKR's stake sale, and Tata Motors (-5.669%) following NCD issuance approval.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on March 27, 2025, Indian stock markets are showing positive momentum, with both the Nifty 50 and BSE Sensex trading in the green. The Nifty 50 is currently at 23,600.25, up 113.40 points or 0.48% from its previous close. Similarly, the BSE Sensex is trading at 77,666.47, registering a gain of 377.97 points or 0.49%.
Sectoral Performance
Top Performing Sectors
| Sector | Performance |
|---|---|
| Engineering Services | +1.502% |
| Transport | +1.307% |
| Aviation | +0.830% |
| Oil & Gas | +0.556% |
| Transport Services | +0.471% |
Underperforming Sectors
| Sector | Performance |
|---|---|
| Forest Materials | -0.681% |
| Retail | -0.645% |
| Healthcare Services | -0.536% |
| Media | -0.470% |
Buzzing Stocks
J.B. Chemicals & Pharmaceuticals Ltd
- A significant block trade occurred on the NSE, involving approximately 9,000,614 shares at Rs. 1632.30 per share, totaling Rs. 1469.17 crores.
- KKR plans to sell up to 10.2% stake through a block deal worth ₹2,576 crore, with a floor price of ₹1,625 per share.
- Current trading price: ₹1,586.5 (-7.154%)
Tata Motors Ltd
- Approved the issuance of Non-Convertible Debentures (NCDs) worth up to ₹2000 crore.
- Current trading price: ₹668.1 (-5.669%)
IRM Energy Ltd
- Executed a Regasified Liquefied Natural Gas (RLNG) purchase agreement with Shell Energy India for 1,23,21,200 MMBtu of RLNG.
- Current trading price: ₹293.6 (+10.542%)
Conclusion
The Indian stock market is showing strength at midday, with both benchmark indices trading higher. Engineering Services and Transport sectors are leading the gains, while Forest Materials and Retail sectors are facing some pressure. Notable stock movements include IRM Energy's significant uptick following its RLNG agreement, while J.B. Chemicals & Pharmaceuticals and Tata Motors are experiencing declines amid corporate actions and stake sale news.
