Market Rebounds Strong: Sensex Soars 800 pts, Nifty Nears 25K as Midcaps Lead the Rally

Synopsis : Indian markets bounce back strongly after Tuesday's sharp decline, with Sensex jumping over 800 points and Nifty reclaiming the 24,900 mark. Midcap stocks outperformed, while investor focus shifts to a heavy Q4 earnings day.

Market Highlights – May 21, 2025

Indian equity benchmarks opened significantly higher on Wednesday, recovering from the prior session’s losses. The BSE Sensex surged 800 points to 81,996.72, up nearly 1%, while the NSE Nifty 50 climbed over 250 points to trade at 24,932.85. The upbeat open reflects renewed investor sentiment, aided by stable global cues and buying interest in midcap and pharma stocks.

Opening Snapshot:

Sensex: Opened at 81,390.16 (+0.25%)

Nifty 50: Opened at 24,759.25 (+0.31%)

Nifty Bank: Rose to 54,962 (+0.15%)

Midcap Index: Gained 1% in early trade

Recap of Tuesday’s Decline:

Markets had slumped Tuesday, with the Nifty losing 262 points and the Sensex dropping nearly 873 points, driven by FII selling, Moody’s downgrade fears, and technical overbought signals.

Key Movers:

Top Gainers:

Sun Pharma, Maruti, HDFC Bank, Hindustan Unilever, Nestle

Top Laggards:

Eternal (Zomato), IndusInd Bank, Adani Ports, NTPC, Reliance Industries

Technical Take:

Market analysts suggest that resistance around 24,850/81,700 could limit upside unless broken decisively. A pullback below 24,700 may resume the correction, but a breach of 25,100+ could trigger a broader rally.

"Take a contra bet around 24,500 with tight stop losses," advises Shrikant Chouhan of Kotak Securities.

Global Market Mood:

Nikkei 225: -0.22%

Kospi: +1.11%

Shanghai Composite: Flat

Asia Dow: +0.74%

Mixed global cues prevailed, with tech-led gains in South Korea boosting regional sentiment.

Q4 Earnings Watch:

All eyes are on the earnings announcements from 132 companies today. Key names on the radar:

InterGlobe Aviation (IndiGo)

IndusInd Bank

NTPC Green Energy

Power Finance Corporation (PFC)

ONGC

Colgate-Palmolive (India)

Oil India

IRCON, RVNL, VA Tech Wabag, and H.G Infra Engineering

These reports are expected to set the tone for market direction in the near term.

Disclaimer : This article is for informational purposes only and should not be construed as financial advice. Always consult with a certified investment advisor before making any trading or investment decisions.