Weekly Market Recap (May 19 -May 23): Sensex, Nifty End Week on High; Markets Rebound

On Friday, May 23, 2025, Indian stock markets closed the week on a positive note. The gains were mainly led by buying in IT, FMCG, financial, and banking stocks. The BSE Sensex rose by 769.09 points or 0.95% to close at 81,721.08. During the day, it moved between 81,905.17 and 80,897.00. Meanwhile, the NSE Nifty50 ended 243.45 points or 0.99% higher at 24,853.15.

The market had dipped 0.79% on May 22 to 80,951.99 but had gained 0.51% on May 21. Earlier in the week, it dropped 1.06% on May 20 and slipped 0.33% on May 19. Throughout this period, the Sensex traded in the range of approximately 80,493 to 82,424, reflecting mixed investor sentiment.

Roundup of Major News This Week 

Indian defence and drone stocks have surged recently, with companies like ideaForge, Zen Technologies, DroneAcharya, HAL, Paras Defence, and Solar Industries rallying sharply. The uptick follows ‘Operation Sindoor’—a military response to the April 22 terror attack in Pahalgam, which highlighted India’s advanced drone and defence strength, boosting investor confidence in the sector.

• Since the launch of Operation Sindoor on May 7, key drone and defence stocks have delivered strong returns. ideaForge Technology led with a 50% gain, followed by DroneAcharya (41%) and Zen Technologies (37%). 

Major Q4FY25 Earnings This Week

• Sun Pharma reported a net profit of ₹2,153.9 crore for the quarter, marking a 19% decline from ₹2,658.7 crore in the same period last year, falling short of market expectations, which had projected a 10% profit growth. 
• NALCO posted strong Q4 FY25 results with a net profit of ₹2,078 crore, marking a 105% year-on-year jump from ₹1,016 crore in the same quarter last year. Revenue also rose significantly to ₹5,268 crore, up from ₹3,579 crore in Q4 FY24.

Read More, Top Gainers and Losers on May 23, 2025: Eternal (Zomato) Rallies, Sun Pharma Drops.  

Conclusion

Despite midweek volatility, Indian markets ended the week positively, with the Sensex and Nifty rebounding on Friday. Strong buying in IT, FMCG, banking, and financial stocks helped lift sentiment, while broader indices also saw healthy gains, indicating renewed investor confidence heading into the final week of May.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                                   

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