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Nifty Closes Higher at 24,813; Sensex Gains 410 Points by Market Close – Market Live Update

Date: 21-may-2025 | By: Nuztrend Team

Nifty Closes Higher at 24,813; Sensex Gains 410 Points by Market Close – Market Live Update

Indian stock markets closed with notable gains on Wednesday, May 21, 2025, as key benchmark indices extended their upward momentum amid stable global cues and strong domestic sentiment.

Nifty Closes at 24,813

The Nifty 50 index ended the session at 24,813, gaining 129 points from the open, driven by robust buying in the pharmaceutical, real estate, and IT sectors throughout the day.

Sensex Gains 410 Points by Close

The BSE Sensex rose 410 points, settling near 81,597, supported by strong performances from Reliance Industries, Infosys, and HDFC Bank. The index showed consistent strength, briefly touching above 81,800 during the session.

Sectoral Trends

  • Pharmaceuticals and Realty: Led the rally, with stocks like Sun Pharma and DLF posting solid gains.
  • IT Stocks: Continued to perform well, boosted by positive global cues in the tech space.
  • Banking and Financials: Maintained steady gains, with ICICI Bank and SBI supporting the broader market.
  • Consumer Durables: The only sector to close in the red, weighed down by profit-booking.

Market Sentiment

Market optimism was bolstered by strong quarterly earnings and easing inflation concerns. However, analysts remain cautiously optimistic, recommending a “sell on rallies” approach amid ongoing global macroeconomic uncertainties.

“Investor confidence remains steady in India’s growth story, but global interest rate developments will be closely watched,” said a senior market strategist.

What to Watch Next

  • US Fed minutes release and its impact on global markets
  • Upcoming domestic inflation and industrial production (IIP) data
  • Foreign institutional investor (FII) activity and rupee-dollar movements

Stay tuned for further detailed updates and analysis as the week progresses.

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Disclaimer: This article is based on publicly available information from various online sources. We do not claim absolute accuracy or completeness. Readers are advised to cross-check facts independently before forming conclusions.

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