Indian stock markets witnessed a strong recovery as Sensex surged over 950 points and Nifty reclaimed 24,900
Indian stock market staged a remarkable recovery on May 23, 2025, with Sensex soaring over 950 points and Nifty nearing the 24,900 mark. The rally was fueled by strong corporate earnings, easing global concerns, and renewed investor confidence.
Table of Contents
Market Performance Overview
- Sensex jumped 950+ points, closing at 81,902.
- Nifty 50 gained 1%, reclaiming 24,900.
- ITC and Eternal led the rally, posting strong gains.
- Midcap and Smallcap indices also witnessed positive momentum.
Key Drivers Behind the Surge
1. Strong Corporate Earnings
- ITC posted a 3% year-on-year increase in profit, boosting investor sentiment.
- Eternal saw robust quarterly growth, attracting fresh buying interest.
- Sun Pharma shares rebounded after initial profit booking.
2. Global Stock Market Trends
- Asian markets traded mixed, but positive cues from Wall Street supported Indian equities.
- US Treasury yields stabilized, easing concerns over fiscal policies.
- Optimism around a potential US-India trade agreement lifted market sentiment.
3. Sectoral Performance
- Banking and Financial stocks saw renewed buying interest.
- IT and Pharma sectors remained volatile, with selective gains.
- Auto and FMCG stocks contributed to the overall market strength.
Expert Insights & Market Outlook
Analysts suggest that the short-term trend remains bullish, but caution is advised as global uncertainties persist. Key resistance levels for Nifty are 25,000, while Sensex may test 82,500 in the coming sessions.
Impact of Institutional Activity
Foreign Institutional Investors (FIIs) recorded net selling of ₹5,045 crore, while Domestic Institutional Investors (DIIs) bought shares worth ₹3,715 crore. This mixed institutional activity reflects cautious optimism in the market.
IPO & Market Events
- Borana Weaves IPO allotment is expected today.
- Sun Pharma, JSW Steel, and Ashok Leyland are set to announce their Q4 earnings.
- Gold prices dipped due to a stronger US dollar, impacting commodity markets.
Conclusion
The Indian stock market’s strong rebound on May 23, 2025, highlights investor resilience and corporate strength. While global factors continue to influence market movements, positive earnings reports and policy optimism are expected to sustain the momentum.
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