Indian equity markets ended higher on Wednesday, May 14, 2025, as cooling inflation data from both the U.S. and India boosted investor sentiment. The optimism around potential rate cuts, coupled with global cues and strong corporate earnings, helped offset the day’s volatility and selective weakness in banking counters.

The BSE Sensex rose 0.22% to close at 81,330.56, while the Nifty 50 added 0.36%, settling at 24,666.90. However, the Bank Nifty extended its losses for the second day, slipping 0.25% to 54,801.30, as private banks came under pressure.

Sectoral Performance

The market’s breadth remained healthy, supported by strong performances in key sectors:

Nifty Metal led the pack, surging 2.46% to 8,834.65, driven by a weaker U.S. dollar and improving trade sentiment between the U.S. and China. Other top gainers included Nifty Realty (+1.70%), Media (+1.27%), IT (+1.34%), and Oil & Gas (+1.22%). MidSmall Financial Services rose 1.49%, while Financial Services 25/50 remained flat. Nifty Private Bank underperformed, declining 0.19% on profit booking.

Top Movers of the Day

Gainers

Garden Reach Shipbuilders & Engineers Ltd: +14.27% – surged on robust Q4 results. HBL Engineering Ltd: +12.34% Authum Investment & Infrastructure Ltd: +10.34%

Losers

Syrma SGS Technology Ltd: -6.80% Metropolis Healthcare Ltd: -5.12% Vijaya Diagnostic Centre Ltd: -4.02%

Key Corporate Developments

Puravankara to consider raising ₹300 crore via NCDs in its upcoming board meeting on May 16. PTC India appoints Manoj Kumar Jhawar as Chairman and Managing Director. Avenue Supermarts expands footprint with its 420th store, launched in Punjab. Ethos trims its stake in Silvercity Brands AG from 34.39% to 33.88%. Zuari Agro Chemicals temporarily shuts its SSP plant in Maharashtra due to raw material constraints. Punjab National Bank offloads its entire holding in India SME Asset Reconstruction, selling shares at ₹16.29 each. IDBI Bank divests its 21.14% stake in Pondicherry Industrial Promotion Development & Investment Corp for ₹18.8 crore. Aurobindo Pharma gains UK MHRA approval for Zefylti, via its subsidiary.

Corporate Highlights

Tata Steel gained nearly 4% on a strong quarterly showing, supported by cost efficiencies and improved volumes. SAIL rose 5.7% on sectoral tailwinds.

HAL reported a 7.77% YoY drop in Q4 profit to ₹395.82 crore due to delivery delays in Tejas Mk 1A aircraft, but the stock ended 3.43% higher at ₹4,768.

Bharti Airtel moved up 0.75% after reporting a strong rise in average revenue per user (ARPU) and continued subscriber growth.

Market Breadth & Participation

Advancing Stocks: 2,183 Declining Stocks: 694 Unchanged: 83 52-Week Highs: 61 52-Week Lows: 13 Upper Circuit: 200 Lower Circuit: 30

Mid-cap and small-cap stocks extended their gains with the Nifty Mid-cap 100 rising 1.11% and Small-cap 100 climbing 1.44%.

Top contributors to Nifty’s gains included Infosys, Mahindra & Mahindra, and TCS, while HDFC Bank, Kotak Bank, and ICICI Bank weighed down the index.

Global Economic Calendar | May 15–17, 2025

Wednesday, May 15

Eurozone: Q1 GDP Flash Estimate India: Industrial Production (IIP) – March US: Retail Sales (April)

Thursday, May 16

China: Industrial Production & Retail Sales India: WPI Inflation (April) US: Housing Starts & Weekly Jobless Claims

Friday, May 17

Eurozone: Final CPI (April) US: Michigan Consumer Sentiment (Prelim)

Closing Thoughts

The market’s resilience in the face of global shifts and sector-specific volatility continues to reflect India’s underlying economic strength. While rate cut hopes and favorable earnings support upward momentum, near-term caution remains warranted due to external uncertainties.

For technical insights, levels to watch, and strategy guidance, don’t miss our in-depth breakdown on [YouTube – Daily Market Update, May 14, 2025 Edition].

Angeeras Securities – Navigating Markets with Perspective.