Published on 14/05/2025 03:46 PM
Sensex ends 182 points higher; midcaps outperform, Nifty Bank slipsThe BSE Sensex rose 182 points to end at 81,331, while the broader NSE Nifty 50 gained 89 points to close at 24,667. In contrast, the Nifty Bank index dropped 140 points to 54,801, dragged by weakness in financials.By Poonam Behura May 14, 2025, 3:46:07 PM IST (Published)2 Min ReadIndia’s benchmark indexes ended largely higher on Wednesday, supported by strong gains in midcap stocks and continued buying in defence shares, even as financials underperformed and Nifty Bank closed in the red.
The BSE Sensex rose 182 points to end at 81,331, while the broader NSE Nifty 50 gained 89 points to close at 24,667. In contrast, the Nifty Bank index dropped 140 points to 54,801, dragged by weakness in financials.
Midcap stocks continued their strong run, with the Nifty Midcap 100 index climbing 616 points, or over 1%, to 56,136. The advance-decline ratio remained firmly in favour of advances at 3:1, indicating broader market strength.
Defence stocks were among the top performers, rising as much as 15% amid sustained buying interest. Hindustan Aeronautics Ltd (HAL) gained after reporting a strong March-quarter performance.
Aditya Birla Capital emerged as the top midcap gainer after several brokerages turned bullish on the stock following upbeat Q4 earnings. In contrast, REC Ltd fell 3% after the company trimmed its AUM growth guidance; peer PFC also declined.
Among Nifty constituents, Asian Paints was the top laggard, shedding nearly 2% as crude oil prices moved higher, raising input cost concerns. Cipla dropped 2% after it forecast FY26 margins to be lower than FY25 levels.
RITES surged 6% after posting strong Q4 results, while Berger Paints added 3% on healthy earnings. GSK Pharma climbed more than 3% after reporting a robust quarter.
Tata Motors fell over 1% after the company maintained a cautious outlook. Max Financial Services, however, jumped 4% to hit a record high after beating estimates across key parameters.
Coromandel International and FSN E-Commerce (Nykaa) ended lower despite their inclusion in the MSCI Global Standard Index.
Among infrastructure plays, ITD Cementation soared over 11% after winning a ₹593 crore contract for development at Jaipur Airport. Siemens shares advanced 3% despite posting Q2 results that were largely below estimates.
Market sentiment remained positive with sustained broader market buying, even as selective pressure in large financials capped headline gains.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsClosing Bellshare market today