The BSE Sensex closed at 82,330.59, down 200.15 points (0.24%), while the NSE Nifty50 settled at 25,019.80, down 42.30 points (0.17%). Although the headline indices slipped, broader markets saw some positive momentum with small-cap and mid-cap stocks outperforming.
The Nifty Smallcap100 gained 1.86%, and the Nifty Midcap100 rose by 0.94%, showing investor appetite for riskier, growth-oriented stocks.
The India VIX, often called the fear index, eased 2.02% to 16.55 points, indicating a slight reduction in market volatility despite the declines.
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Impact on the stock market
The day’s trading was split across sectors. On the NSE, Nifty Realty led the gains, finishing 1.6% higher, while sectors like IT, Metal, Pharma, and Healthcare closed lower, losing up to 0.84%.
| Sector/Index | Performance |
| IT & BPM sector | -0.84% |
| Healthcare sector | -0.30% |
| Oil & Gas sector | 0.55% |
| Real estate sector | 1.63% |
| PSU Bank in India | 0.10% |
Top gainers today
| Company | Price (in ₹) | Change % |
| Bharat Elec Share Price | 363.90 | 3.85 |
| Bajaj Auto Share Price | 8,482.50 | 1.88 |
| TATA Cons. Prod Share Price | 1,168.00 | 1.81 |
| Adani Enterpris Share Price | 2,555.00 | 1.39 |
| Eternal Share Price | 245.76 | 1.31 |
Top losers today
| Company | Price (in ₹) | Change % |
| Bharti Airtel Share Price | 1,814.00 | -2.85 |
| HCL Tech Share Price | 1,659.90 | -2.13 |
| SBI Share Price | 792.10 | -1.94 |
| JSW Steel Share Price | 1,021.80 | -1.59 |
| Infosys Share Price | 1,589.90 | -1.43 |
Market aftermath: Impact on stocks
Pidilite Industries dips on high volume despite steady fundamentals
Pidilite Industries saw its shares fall 0.67% to ₹3,090.50 on strong trading volumes. This comes despite steady financials, with the company reporting a net profit of ₹428.32 crore and revenue of ₹3,141.14 crore in Q4 FY25. Annual numbers also showed growth, with revenue hitting ₹13,140 crore and net profit at ₹2,099 crore for FY25.
Pidilite’s strong balance sheet remains intact, with a low debt-to-equity ratio of 0.02x and a return on equity of 21.28%. Its high P/E ratio of 69.8 indicates market expectations of continued growth, though the recent price dip suggests some profit-taking.
Bajaj Holdings Investment hits 52-week high amid strong investor interest
Bajaj Holdings shares surged 4.8% to ₹13,240, hitting a 52-week high and becoming one of the top gainers in the Nifty Next 50 and Nifty 100 indices. The company’s growth story is supported by impressive financials, with annual revenue growing from ₹393 crore in 2020 to over ₹1,648 crore in 2024.
Net profit has also increased substantially, reaching ₹1,410 crore in 2024, while EPS stood at ₹653. The firm maintains a zero debt-to-equity ratio, reflecting strong financial health. Despite a high P/B ratio of 1.70, investor confidence appears robust.
CDSL shares rise 7% despite weak market
Central Depository Services Ltd (CDSL) shares jumped 7.3% to ₹1,435 amid heavy volumes, outperforming the broader market. However, the Q4 FY25 results released earlier showed a 22% decline in net profit to ₹100 crore and a 6.7% fall in revenue to ₹224.45 crore year-on-year.
Brokerages like Motilal Oswal and Nuvama downgraded earnings estimates, citing lower transaction volumes and fewer demat account openings. Despite this, the stock’s sharp gain suggests investors may be looking beyond short-term results.
Crude oil outlook
On the global front, Russia’s oil and gas revenues are forecasted to fall by about a third in May 2025 compared to last year, dropping to roughly 0.52 trillion roubles ($6.48 billion). This is Russia’s lowest monthly revenue from oil and gas since July 2023, mainly due to weaker oil prices and a stronger rouble.
This decline impacts global oil markets and has indirect effects on India’s energy import costs and inflation. Russia’s finance ministry also cut its 2025 oil and gas revenue forecast to 8.32 trillion roubles ($103.55 billion), while increasing its defence spending.
Conclusion
The Indian stock market on 16th May 2025 was a study in contrasts. While benchmark indices slipped modestly amid profit booking, smaller stocks and select sectors like realty showed strength. Key stocks like Pidilite Industries and Bajaj Holdings demonstrated solid fundamentals amid volatile trading, while CDSL’s stock rebounded despite disappointing earnings.
Global oil developments and Russia’s revenue outlook add a layer of macro uncertainty that investors will watch closely in the coming weeks.
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