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Bourses remain in green in early afternoon session
May-21-2025

Indian markets remained in green in early afternoon session tracing positive cues from other Asian markets. Traders got support as retail inflation for farm as well as rural workers eased marginally to 3.48 per cent and 3.53 per cent, respectively, in the month of April compared to the pace of price hikes for the two categories at 3.73 per cent and 3.86 per cent recorded in March. Sector wise, pharma stocks remained in limelight after the US Department of Health and Human Services (HHS) announced efforts to implement an executive order aimed at reducing healthcare costs. The HHS is urging drugmakers to align US prices for brand-name drugs specifically those without generic or biosimilar competition with the lowest prices offered in comparable OECD countries.

On the global front, Asian markets were trading mostly in green even after Japan's exports grew at a slower pace in April largely due to the higher tariffs imposed by the US administration. Exports climbed 2.0 percent on a yearly basis in April, slower than the 4.0 percent increase in March. 

The BSE Sensex is currently trading at 81334.93, up by 148.49 points or 0.18% after trading in a range of 81237.06 and 82021.64. There were 18 stocks advancing against 11 stocks declining on the index, while 1 stock remained unchanged. 

The broader indices were trading mixed; the BSE Mid cap index gained 0.18%, while Small cap index was down by 0.18%.

The top gaining sectoral indices on the BSE were Realty up by 1.04%, Healthcare up by 0.74%, Capital Goods up by 0.71%, Power up by 0.50% and Industrials was up by 0.39%, while Consumer Durables down by 0.92%, Energy down by 0.34%, Oil & Gas down by 0.29%, Bankex down by 0.27% and Basic Materials was down by 0.16% were the top losing indices on BSE.

The top gainers on the Sensex were Sun Pharma up by 1.68%, Tata Steel up by 1.20%, Bajaj Finserv up by 0.93%, Tech Mahindra up by 0.79% and Hindustan Unilever up by 0.78%. On the flip side, Indusind Bank down by 2.56%, Kotak Mahindra Bank down by 1.29%, Adani Ports down by 0.98%, Axis Bank down by 0.91% and Eternal down by 0.59% were the top losers.

Meanwhile, Ministry of Commerce & Industry in its latest data has showed that the output of eight key infrastructure sectors slowed down to an eight-month low of 0.5 per cent in April 2025 due to contraction in the production of crude oil, refinery products and fertiliser. The key infrastructure sectors’ output had expanded by 6.9 per cent in April 2024. In March this year, output of these sectors grew by 4.6 per cent. The previous low growth rate was recorded in August 2024, when these sectors expanded by (-) 1.5 per cent.

Coal production having 10.33 per cent weight increased by 3.5 per cent in April, 2025 over April, 2024. Natural Gas production having 6.88 per cent weight increased by 0.4 per cent in April, 2025 over April, 2024. Steel production having 17.92 per cent weight increased by 3.0 per cent in April, 2025 over April, 2024. Cement production having 5.37 per cent weight increased by 6.7 per cent in April, 2025 over April, 2024. Electricity generation having 19.85 per cent weight increased by 1.0 per cent in April, 2025 over April, 2024. 

On the other hand, Petroleum Refinery production having 28.04 per cent weight declined by 4.5 per cent in April, 2025 over April, 2024. Crude Oil production having 8.98 per cent weight declined by 2.8 per cent in April, 2025 over April, 2024. Fertilizer production having 2.63 per cent weight declined by 4.2 per cent in April, 2025 over April, 2024.

The CNX Nifty is currently trading at 24713.25, up by 29.35 points or 0.12% after trading in a range of 24685.35 and 24946.20. There were 29 stocks advancing against 21 stocks declining on the index.

The top gainers on Nifty were Bharat Electronics up by 2.36%, Cipla up by 1.98%, Sun Pharma up by 1.65%, Tata Steel up by 1.15% and Bajaj Finance up by 0.92%. On the flip side, Indusind Bank down by 2.56%, Kotak Mahindra Bank down by 1.29%, Shriram Finance down by 0.99%, JSW Steel down by 0.98% and Axis Bank down by 0.96% were the top losers.

Asian markets were trading mostly in green; Taiwan Weighted added 277.88 points or 1.27% to 21,803.91, Hang Seng advanced 109.12 points or 0.46% to 23,790.60, Jakarta Composite gained 50.63 points or 0.71% to 7,145.23, KOSPI increased 23.78 points or 0.91% to 2,625.58 and Shanghai Composite was up by 9.23 points or 0.27% to 3,389.71. On the flip side, Straits Times fell 9.65 points or 0.25% to 3,872.85 and Nikkei 225 was down by 230.51 points or 0.62% to 37,298.98.

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