Wednesday, May 25, 2022


Sensex rises 638 points, Nifty ends at 15,824; Tech Mahindra surges over 5%

Indian equity indices closed higher on Thursday. Strong buying interest was witnessed across all sectors. Tech Mahindra was the top gainer among blue-chip stocks, surged 5.65 per cent. Bajaj Finance, Bharti Airtel, Bajaj Finserv, and Tata Steel were among the other top Sensex gainers. While HUL, Asian Paints, Bajaj Auto and M&M were laggards.

Earlier in Asian Indices, South Korea’s Kospi increased by 1.07 per cent, Japan’s Nikkei 225 index increased by 0.58 per cent and China’s Shanghai Composite surged by 0.34 per cent.

Market Overview

The BSE Sensex and Nifty50 increased by 1.22 and 1.23 per cent respectively. The Sensex of the Bombay Stock Exchange closed at 52,800 level while Nifty50 of the National Stock Exchange settled at the 15,824 mark. The Sensex gained 638 points to trade at 52,837 and the Nifty50 rose by 192 points to trade at 15,824.

Nifty50 Index

In Nifty50 index shares, Tech Mahindra was the biggest gainer, increased by 5.65 per cent. JSW Steel, Bajaj Finance, Bharti Airtel, Bajaj Finserv and Larsen were among the other gainers.

On the other hand, HUL was the worst performer in the pack, down by 2.27 per cent. Asian Paints, Bajaj Auto, Cipla, Britannia, M&M and HDFC Life were the other worst performers in the pack.

Small-cap and Mid-cap Indices

The Nifty Midcap-100 index surged 1.14 per cent and the Nifty Smallcap-100 index rose 1.47 per cent. In Nifty Midcap 100, Jubilant Food gained 11.93 per cent, JSW Energy rose 7.78 per cent, Manappuram Finance, Adani Power and Adani Total Gas also surged, while Polycab, Syngene International and PI Industries declined. In Nifty Smallcap-100, IDFC gained 11.74 per cent. On the other hand, CSB Bank fell 3.52 per cent, Ceat, Kajaria Ceramic and MCX India declined.

Sectoral Indices

In NSE sectoral indices, 17 out of 17 sectors surged. Nifty Metal was the top performer as it gained 2.99 per cent, Nifty IT rose 1.80 per cent, followed by Nifty Realty increased by 1.75 per cent.

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