
Nifty 50 closed at 24,813.45 (129.6, 0.5%), BSE Sensex closed at 81,596.63 (410.2, 0.5%) while the broader Nifty 500 closed at 22,730.65 (145.1, 0.6%). Market breadth is in the green. Of the 2,429 stocks traded today, 1,388 were on the uptick, and 985 were down.
Indian indices closed in the green after rising in the morning session. The Indian volatility index, Nifty VIX, rose 0.9% and closed at around 17.6 points. Tejas Networks closed 3.1% higher as it secured an order worth Rs 1,525.3 crore from BSNL for the supply, deployment and maintenance of 4G network at 18,685 sites.
Nifty Smallcap 100 and Nifty Midcap 100 closed in the green. Nifty India Defence and Nifty Realty closed higher. According to Trendlyne’s sector dashboard, General Industrials emerged as the best-performing sector of the day, with a rise of 2.3%.
European indices are trading flat or lower. Major Asian indices closed mixed. US index futures are trading lower, indicating a negative start to the session. TJX, Lowe’s, Medtronic, Snowflake, Target, Baidu, Zoom Communications, and XPeng are set to report their earnings later today. Brent crude futures are trading higher amid reports of a potential Israeli strike on Iranian nuclear facilities, raising supply disruption fears.
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Money flow index (MFI) indicates that stocks like RR Kabel, Pfizer, SKF, and Ceat are in the overbought zone.
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J Kumar Infraprojects is rising as its Q4FY25 net profit grows 12.1% YoY to Rs 114.2 crore, helped by lower administrative expenses. Revenue jumps 14.6% YoY to Rs 1,642.6 crore during the quarter. It appears in a screener of strong-performing, under radar stocks.
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JK Tyre's Q4FY25 revenue jumps 1.7% YoY to Rs 3,779.8 crore, but net profit declines 42.6% YoY to Rs 97 crore, driven by a rise in natural rubber prices. The firm appears in a screener of stocks where mutual funds increased their stakes in Q4FY25.
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BMW Industries rises sharply as it secures orders worth Rs 365 crore from Tata Steel to convert hot rolled coils into tubes. The contracts are valid until October 31, 2027.
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State Bank of India's board approves its plans to raise up to $3 billion in FY26. The funds will be raised in one or more tranches through a public offering or private placement of senior unsecured notes, denominated in US dollars or other major foreign currencies.
SBI fundraise: Bank to raise USD 3 billion in FY2026; target price herehttps://t.co/ryoodtyTym
— ET NOW (@ETNOWlive) May 21, 2025 -
Power Finance Corp is rising as its Q4FY25 net profit grows 12.3% YoY to Rs 6,316.5 crore, driven by lower corporate social responsibility expenses. Revenue jumps 20.3% YoY to Rs 29,285.5 crore during the quarter. It features in a screener of profit-making stocks with high return on capital employed (RoCE) and low PE.
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Max Healthcare Institute's net profit grows 26.8% YoY to Rs 319 crore in Q4FY25, but misses Forecaster estimates by 21.4%. Revenue rises 34.2% YoY to Rs 1,909.7 crore, helped by strong performance in the medical and healthcare services segments. It shows up in a screener of stocks with PE higher than industry PE.
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Whirlpool India's Q4FY25 net profit surges 53.6% YoY to Rs 119.2 crore. Revenue jumps 13.9% YoY to Rs 2,044.2 crore, driven by improvements in the refrigerator and washing machine segments. The firm appears in a screener of stocks where foreign institutional investors (FII) increased their stakes in Q4FY25.
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Moody’s Ratings believes India is well equipped to handle the impact of US tariffs and global trade disruptions, due to its large domestic market and limited reliance on exports. The ratings agency notes that the proposed 10% universal tariffs and 30% tariffs on most Chinese exports to the US could slow global growth, potentially trimming India’s economic growth in 2025 to 6.3%, down from 6.7%.
India is well positioned to deal with negative effects of US tariffs and global trade disruptions, Moody's Ratings said.
— NDTV Profit (@NDTVProfitIndia) May 21, 2025
Read here: https://t.co/FuQ6LnDQh6 pic.twitter.com/CPhw1klpKR -
United Spirits' Q4FY25 net profit jumps 74.7% YoY to Rs 421 crore, driven by lower excise duty, depreciation & amortisation, and advertisement & sales promotion expenses. Revenue grows 2.8% YoY to Rs 6,809 crore, attributed to improvements in the alcoholic beverages segment. It appears in a screener of stocks outperforming their industries in the past quarter.
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Senores Pharmaceuticals acquires the US FDA-approved abbreviated new drug application (ANDA) for Enalapril Maleate Tablets from Wockhardt. These tablets are used to lower high blood pressure and treat heart failure. According to IQVIA, the drug had a market size of $109.2 million as of March 2025.
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Patel Engineering secures an order worth Rs 711.2 crore from North Eastern Electric Power Corporation (NEEPCO) to construct a 240 MW hydropower project in Arunachal Pradesh under the EPC mode.
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Oil prices are rising following reports of a potential Israeli strike on Iranian nuclear facilities, raising supply disruption fears. Brent crude climbs 1.3% to $66.3 per barrel, while WTI gains 1.4% to $62.9. The surge reflects market fears, given Iran’s role as OPEC’s third-largest producer, exporting over 1.5 million barrels per day.
#MarketAlert | Oil prices jump on reports of potential Israeli strike on Iran ????#OilPrices #BrentCrude #WTICrude #MiddleEastTensions #Geopolitics pic.twitter.com/YaMN1YWKzQ
— ET NOW (@ETNOWlive) May 21, 2025 -
EIH's net profit grows 13.5% YoY to Rs 252.9 crore in Q4FY25. Revenue rises 10.9% YoY to Rs 865.8 crore, led by an improvement in the hotel business. The company shows up in a screener of stocks with improving return on equity (RoE) over the past two years.
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TCS secures a Rs 2,903.2 crore order from Bharat Sanchar Nigam Limited (BSNL) for the planning and commissioning of 4G mobile network at 18,685 sites.
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KPR Mills falls as 1.1 crore shares (3.2% stake) worth approximately Rs 1,195.6 crore reportedly change hands in a block deal at an average price of Rs 1,107 per share. Promoters KP Ramasamy, KPD Sigamani, and P Nataraj are likely the sellers in the transaction.
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Chetan Ahya, Chief Asia Economist at Morgan Stanley, believes India is the best-positioned economy in Asia. He cites supportive policy, a low export-to-GDP ratio, rising government spending, and strong services exports as key factors. Ahya expects above-normal rainfall and lower oil prices to keep inflation below the RBI’s 4% target midpoint.
#MarketToday | India regaining momentum, best-placed in Asia, says Chetan Ahya of Morgan Stanley https://t.co/Yo6MtMU9H8
— Business Today (@business_today) May 21, 2025
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Tejas Networks rises sharply as it bags an order worth Rs 1,525.3 crore from Bharat Sanchar Nigam (BSNL) for the supply, deployment and maintenance of 4G network at 18,685 sites.
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Gland Pharma's Q4FY25 net profit declines 3.1% YoY to Rs 186.5 crore due to higher raw materials, employee benefits, and depreciation & amortisation expenses. Revenue decreases 7% YoY to Rs 1,468.9 crore, caused by reductions in the US and the rest of the world (ROW) markets. It shows up in a screener of stocks with expensive valuations according to Trendlyne valuation scores.
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Aster DM Healthcare reports a net profit of Rs 79 crore in Q4FY25, compared to a loss of Rs 24 crore in Q4FY24 due to losses from discontinued operations. Revenue grows 2.8% YoY to Rs 1,000.3 crore, driven by an increase in patient volumes, higher average revenue per occupied bed (ARPOB), and improved average length of stay (ALOS). The company appears in a screener of stocks outperforming their industry price change in the quarter.
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Ashutosh Raghuvanshi, Executive VC and Whole-time Director of CMS Info Systems, projects a revenue CAGR of 14–17% and anticipates a revenue contribution of ?45% from the managed services segment in the upcoming quarters. He highlights that FY25 witnessed modest growth, but the company expanded its market share across various verticals.
Cms Info Systems says
???? Target Revenue Growth @ 14-17% CAGR
???? Gained market share across verticals
???? Managed Services revenue share will move to 45% in coming quartershttps://t.co/fETBzXwoPo— Nigel D'Souza (@Nigel__DSouza) May 21, 2025
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Fortis Healthcare is rising as its net profit grows 2.9% YoY to Rs 183.9 crore in Q4FY25, helped by lower inventory build-up. Revenue increases 12.4% YoY to Rs 2,007.2 crore, driven by higher sales from the healthcare and diagnostics segments during the quarter. The company appears in a screener of stocks underperforming their industry price change in the quarter.
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Torrent Pharmaceuticals' Q4FY25 net profit grows 10.9% YoY to Rs 498 crore, helped by lower raw materials and finance costs. Revenue increases 5.9% YoY to Rs 2,941 crore, led by improvements in the US, Indian, and German markets. It appears in a screener of stocks with prices above short, medium, and long-term moving averages.
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Ircon International is rising as it receives an order worth Rs 253.6 crore from South Western Railway to install Kavach safety systems across 778 km in the Bengaluru and Mysuru Divisions.
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Dixon Technologies' Q4FY25 net profit surges 4.2x YoY to Rs 400.8 crore. Revenue jumps 120.4% YoY to Rs 10,303.8 crore, driven by improvements in the mobile and other electronic manufacturing services (EMS), home appliances, and lighting segments. It features in a screener of stocks with rising QoQ and trailing twelve-month (TTM) net profit margins.
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Nifty 50 was trading at 24,723.15 (39.3, 0.2%), BSE Sensex was trading at 81,386.82 (200.4, 0.3%) while the broader Nifty 500 was trading at 22,609.30 (23.7, 0.1%).
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Market breadth is in the red. Of the 1,979 stocks traded today, 856 showed gains, and 1,075 showed losses.
Riding High:
Largecap and midcap gainers today include GlaxoSmithKline Pharmaceuticals Ltd. (2,984.20, 7.1%), Bharat Electronics Ltd. (383, 5.3%) and Siemens Ltd. (3,290.80, 5.2%).
Downers:
Largecap and midcap losers today include Dixon Technologies (India) Ltd. (15,612, -5.8%), Max Healthcare Institute Ltd. (1,142.10, -1.9%) and IndusInd Bank Ltd. (769.95, -1.6%).
Movers and Shakers
18 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Tata Teleservices (Maharashtra) Ltd. (69.09, 18.7%), Trident Ltd. (33.48, 13.6%) and Go Digit General Insurance Ltd. (328.60, 8.1%).
Top high volume losers on BSE were Dixon Technologies (India) Ltd. (15,612, -5.8%), KPR Mill Ltd. (1,195.05, -2.9%) and Whirlpool of India Ltd. (1,265.90, -2.3%).
Gland Pharma Ltd. (1,571.30, 4.9%) was trading at 7.0 times of weekly average. Endurance Technologies Ltd. (2,334, 5.3%) and GlaxoSmithKline Pharmaceuticals Ltd. (2,984.20, 7.1%) were trading with volumes 5.3 and 4.6 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
5 stocks took off, crossing 52 week highs, while 1 stock tanked below their 52 week lows.
Stocks touching their year highs included - Bharat Electronics Ltd. (383, 5.3%), Ceat Ltd. (3,830.80, -0.2%) and City Union Bank Ltd. (197.57, 2.1%).
Stock making new 52 weeks lows included - Aether Industries Ltd. (740.35, 1.1%).
26 stocks climbed above their 200 day SMA including Trident Ltd. (33.48, 13.6%) and Go Digit General Insurance Ltd. (328.60, 8.1%). 15 stocks slipped below their 200 SMA including Gujarat State Fertilizer & Chemicals Ltd. (200.21, -2.6%) and Sapphire Foods India Ltd. (321.45, -2.4%).