Nifty Ends 3-Day Losing Streak With 0.5% Gain; Nifty Realty Leads Sectoral Rally as All Indices Close in Green
On Wednesday, May 21, Indian benchmark indices closed higher, rebounding from the previous session's fall, and led by gains in realty and pharma stocks.
The Nifty 50 jumped by 0.52% and closed above the 24,800 mark, while the Sensex surged by 0.51%. The Nifty 50 snapped its 3-day losing streak and ended the session in the green.
Indian benchmark indexes slipped 1% on Tuesday as foreign institutional investors (FIIs) sold over ₹10,000 crore ($1.2 billion) of shares, the biggest single-day outflow since February 28.
The Pharma Sector advanced 1.2% after the U.S. announced that generic drugs would be excluded from upcoming price reductions.
The Nifty Realty index surged by 1.72% on Wednesday. Raymond jumped more than 2.5%, the most among the Realty stocks, pulling the Nifty Realty index up.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended in the green, with the Mid-cap and Small-cap 100 indices jumping by 0.78% and 0.38%, respectively, while all major sectoral indices ended in the positive territory.
As of May 21, 2025, the Indian stock market witnessed positive market breadth. Out of 2,941 stocks traded on the NSE, 1,753 advanced, 1,095 declined, and 95 remained unchanged.
A total of 50 stocks touched their 52-week highs, while 17 hit their 52-week lows. Additionally, 75 stocks were locked in their upper circuits, whereas 65 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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