Shares of Hero Motocorp, Tata Motors, JSW Steel, Shriram Finance and Adani Ports led the gainers of Nifty 50, while Power Grid, Cipla, IndusInd, NTPC and Kotak Mahindra declined.
Equity benchmark indices fluctuated amid mixed global gues. Sensex declined 149.97 pts or 0.18 per cent to 81,180.59 as at 12.49 pm (off the day’s low of 80,762.16), and Nifty 50 slipped 15.70 pts or 0.06 per cent to 24,651.20.
Analysts suggested that the sectoral rotation and profit booking will continue to keep the market in consolidated phase. Both smallcap and midcap stocks traded with marginal gains and the volatility index stood at 17.34.
On the sectoral front, the performance was mixed, with media. metal and realty indexes trading with over 1 per cent gains. Banking and IT slipped. Metal sector has emerged as a beneficiary of easing trading tensions between US and China.
A total of 2,845 stocks were traded on the National Stock Exchange as at 12.30 pm, of which 1,841 advanced and 930 declined.
Top gainers & losers today
About 147 stocks including, Garware Hi-tech, Pokarna, Essar Shipping, and HEC Project, hit the upper circuit, while 19 traded at lower circuit. 48 stocks including BEL, Aster DM, Dalmia Bharat and JK Cement hit 52-week high.
Hero Motocorp led the gainers with 4.73 per cent surge to ₹4,259.40, following Q4 performance. Tata Motors followed with 2.84 per cent gain to ₹718.80.
JSW Steel shares rose 2.61 per cent to ₹1,015.10.
Shriram Finance and Adani Ports gained 1.66 per cent and 1.14 per cent, respectively.
On the flip side, Power Grid Corporation stock fell 1.54 per cent to ₹291.40. Cipla shares declined 1.24 per cent to ₹1,476.30. IndusInd Bank, NTPC and Kotak Mahindra Bank depreciated by 1 per cent.
IndusInd shares have been in the limelight as reports suggest internal audit probe new accounting irregularities.
Shares in action
Defence stocks – Astra Microwave Products, Cochin Shipyard, GRSE, Paras Defence – surged 3-8 per cent amid the Indo-Pakistan geopolitical situation. The index traded with 2 per cent gains at the time of writing.
On the BSE, Apar Industries, Kirloskar Oil Engines and Tilaknagar Industries zoomed over 11 per cent.
Meanwhile, Muthoot Finance tumbled 7 per cent. The stock has tumbled despite strong Q4 performance due to RBI’s draft regulations on loan-to-value (LTV) norms shaking investors’ sentiment. Read more
In addition, shares of Tata Power, HAL, Eicher Motors and more are in focus today due to Q4 performance. Cochin Shipyard has soared ahead of Q4 results. Track live updates here
IRB, National Aluminium, KPIT Technologies and Yes Bank surged little over 3 per cent among midcap, while Ramkrishna Forgings, KEC, Zen Technologies and JBM Auto zoomed 5-7 per cent among smallcap.
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Published on May 15, 2025