
Trader Pulse By Vishal
May 23, 2025 at 02:52 PM
*📊 Bazaar Brief - 23rd May, 2025*
*❕Trader Pulse By Vishal❕*
*FRIDAY SURGE HELPS TRIM WEEKLY CUTS*
• Benchmark indices surged 1% each. Sensex settled at 81721, up 769 points while Nifty added 243 points to finish at 24853. Nifty mid-cap and small-cap indices gained 0.6% and 0.8% respectively.
• Except 0.4% and 0.01% lower Pharma and Healthcare indices, all the NSE sectoral indices ended higher, with FMCG and Financial Services indices on the top, up 1.6% and 1.2% respectively. 46 out of 50 Nifty stocks rose, with Eternal and HDFC Life being the top gainers, up 3.6% and 3.3% respectively. Sun Pharma and Grasim were the top losers, down 1.7% and 0.7% respectively. NSE advance-decline ratio stood at 1.5:1.
• Rupee appreciated 79 paise to end at 85.21/$.
• For the week, Sensex and Nifty fell 0.7% each.
• In Europe, DAX and FTSE were modestly higher while CAC was down 0.4%. The GfK U.K. consumer confidence index rose by a higher-than-anticipated 3 points in May, while April retail figures also beat expectations. German GDP rose by 0.4% quarter on quarter in the three months to March.
• U.S. futures were marginally lower.
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