Nifty and Sensex Close in Green: Engineering Services Shine on May 21, 2025
By ScanX News Team
Indian stock markets ended positively on May 21, 2025, with Nifty 50 up 0.48% at 24,801.35 and Sensex rising 0.46% to 81,556.62. Engineering Services sector outperformed with a 6.12% gain, while Castings, Forgings & Fasteners underperformed, dropping 1.78%. Trident Ltd surged 13.61% post strong Q4 results, while Music Broadcast Limited fell 12.38%. Market breadth was positive with 2,404 advancing stocks versus 1,905 decliners out of 4,309 traded.
*this image is generated using AI for illustrative purposes only.
Market Wrap: Positive Sentiment Drives Indian Indices Higher
The Indian stock markets concluded on a positive note on May 21, 2025, with both the NSE Nifty 50 and BSE Sensex recording gains. The overall market sentiment remained upbeat, supported by strong performances in select sectors.
Market Overview
The Nifty 50 index closed at 24,801.35, registering a gain of 117.45 points or 0.48% from the previous close. Similarly, the BSE Sensex ended the day at 81,556.62, up by 370.18 points or 0.46%. These gains reflect a generally positive mood among investors.
Sectoral Performance
Top Performing Sectors
- Engineering Services (Avg. Per Change: +6.12%)
- Telecom (Avg. Per Change: +1.44%)
- Aerospace & Defense (Avg. Per Change: +1.14%)
The Engineering Services sector emerged as the star performer of the day, showing remarkable strength with an average percentage change of over 6%. Telecom and Aerospace & Defense sectors also demonstrated solid gains.
Underperforming Sectors
- Castings, Forgings & Fasteners (Avg. Per Change: -1.78%)
- Printing & Stationery (Avg. Per Change: -0.83%)
- Diamond, Gems and Jewellery (Avg. Per Change: -0.80%)
These sectors faced some headwinds during the trading session, with Castings, Forgings & Fasteners experiencing the most significant decline.
Buzzing Stocks
Several stocks made headlines due to their significant price movements and corporate announcements:
- Trident Ltd surged by 13.61% following the announcement of its Q4 results, which showed a doubling of net profit and an 11% increase in revenue.
- Music Broadcast Limited faced a sharp decline of 12.38% after reporting a net loss in Q4.
- Themis Medicare saw a drop of 10.79% following a decrease in Q4 revenue and a shift to net loss.
- Fineotex Chemical declined by 9.85% despite announcing strong growth in new business verticals.
- Dhunseri Investments fell by 8.26% after reporting a wider net loss for Q4.
- Gulshan Polyols experienced a decrease of 8.08% despite reporting improved financial results for Q4.
Market Breadth
The overall market breadth was positive, indicating a broader participation in the day's gains:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,309 |
| Positive | 2,404 |
| Negative | 1,905 |
More stocks advanced than declined, supporting the positive close of the benchmark indices.
Conclusion
The Indian stock market demonstrated resilience on May 21, 2025, with both Nifty and Sensex closing higher. The Engineering Services sector led the gains, while some traditional sectors faced challenges. The positive market breadth suggests a widespread bullish sentiment, despite mixed performances across individual stocks.
