- BSE Sensex fell by 872.98 points or 1.06%, closing at 81,186.44.
- Nifty50 dropped 261.55 points or 1.05%, ending the day at 24,683.90.
- The Sensex traded in a range between 82,250.42 (high) and 81,153.70 (low).
- The slight uptick in India VIX by 0.12% to 17.39 hinted at rising uncertainty and nervousness among investors.
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Impact on the stock market
Among sectoral indices:
- Nifty Auto took the biggest hit, ending down 2.17%
- Every other major sectoral index also ended in the red
- Nifty Auto Index declined by 2.17%
- Nifty Midcap100 fell 1.62%
- Nifty Smallcap100 slid 0.94%
| Sector/Index | Performance |
| IT & BPM sector | -0.52% |
| Healthcare sector | -1.41% |
| Oil & Gas sector | -0.79% |
| Real estate sector | -1.11% |
| PSU Bank in India | -0.93% |
Top gainers today
| Company | Price (in ₹) | Change % |
| Coal India Share Price | 408.10 | 1.34 |
| ONGC Share Price | 249.26 | 1.09 |
| Tata Steel Share Price | 158.69 | 0.71 |
| Hindalco Share Price | 662.75 | 0.67 |
| Dr Reddys Labs Share Price | 1,224.20 | 0.43 |
Top losers today
| Company | Price (in ₹) | Change % |
| Eternal Share Price | 228.28 | -4.10 |
| Hero Motocorp Share Price | 4,241.60 | -3.33 |
| Bajaj Auto Share Price | 8,565.00 | -3.23 |
| Shriram Finance Share Price | 658.35 | -2.87 |
| Maruti Suzuki Share Price | 12,638.00 | -2.70 |
Market aftermath: Impact on stocks
ABB India shares dip
Despite robust financials, ABB India’s shares fell 2%, closing at ₹5,721. The decline appears more like a sentiment-driven dip amid the broader market weakness, rather than anything fundamentally wrong.
- Q4 FY25 Revenue: ₹3,159.56 Cr
- Q4 Net Profit: ₹474.63 Cr
- EPS: ₹22.39
In FY24, ABB India reported:
- Revenue: ₹12,188.31 Cr (up from ₹10,446.52 Cr in FY23)
- Net Profit: ₹1,874.61 Cr
- Return on Equity (ROE): 26.45%
- Debt to Equity: 0.00 – No debt!
With consistent top-line and bottom-line growth, ABB India remains a fundamentally strong player.
Also read: ABB India Ltd stock analysis and expert insights in detail
Hindalco Industries: Strong quarter but ignored by the market
Hindalco Industries reported a 66% jump in net profit for Q4 FY25 to ₹5,284 Cr, backed by solid domestic performance and lower input costs.
- Q4 Revenue: ₹64,890 Cr, up 16% YoY
- Previous Year Q4 Profit: ₹3,174 Cr
Despite these strong numbers, broader market weakness overshadowed the results. The stock didn’t see the positive traction such earnings would typically warrant. A reminder that timing the market around earnings can be tricky, even with good results.
You may also read: Hindalco stock analysis & expert insights in detail
Vodafone Idea: Crashes to a 52-week low
Vodafone Idea (Vi) was among the worst hit. The stock plunged 12% in just two days, hitting a new 52-week low of ₹9.46, following a Supreme Court setback in the AGR dues case.
Here’s the backstory:
- The SC dismissed Vi’s plea for relief on adjusted gross revenue (AGR) dues.
- This comes at a time when the telco is already bleeding financially and has warned that it may not survive beyond FY26 without significant support.
Key facts:
- Stock down 20% in the last month
- Down 52% in one year
- Deferred spectrum + AGR dues still remain high for FY26–FY28 (₹19,000–₹32,000 Cr annually)
Though CARE Ratings and ICRA expect some continued government relief, the current ruling could push Vi closer to insolvency, unless new funding or restructuring takes place soon.
Also read: Vodafone Idea stock analysis
Crude oil stays muted as geopolitical talks drag
Crude oil prices remained subdued due to stalled US-Iran nuclear talks.
- Brent Futures (July): $65.44, down 0.15%
- WTI Futures (July): $62.06, down 0.13%
- MCX June Crude: ₹5,326 (up 0.51%)
- MCX July Crude: ₹5,305 (up 0.53%)
Iran’s deputy foreign minister publicly stated that there will be no deal if the US insists on halting uranium enrichment entirely. These ongoing tensions continue to weigh on energy market sentiment.
Also, Donald Trump’s update on Russia-Ukraine ceasefire talks didn’t have a major impact, as there’s little clarity or breakthrough expected. While Trump claimed discussions would begin immediately, Putin remained firm on “eliminating root causes”, signalling no real compromise yet.
Meanwhile, turmeric prices rose on NCDEX by 1.60%, while guargum futures saw a marginal decline.
Conclusion
From macro fears to sectoral shocks, the Indian stock market saw broad declines on May 20. Even strong earnings from Hindalco or ABB India couldn’t lift the mood. The Supreme Court’s blow to Vodafone Idea, combined with muted global cues, only deepened investor anxiety.
While short-term volatility remains high, these market corrections also bring selective opportunities, especially in fundamentally sound companies that may have been dragged down by panic.
The key takeaway? Don’t just watch the red on the screen, understand what’s driving it. The more informed you are, the more confident your investment decisions will be.
For more stock market insights, check out the StockGro blog.
