Global Weakness and Weak Rupee Pressure Nifty, Sensex Again – Thursday Market Report
Moneylife Digital Team 22 May 2025
On Thursday, 2531 stocks advanced, 1565 declined and 177 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.62 indicating a positive closing in the broader market. The trend of the major indices on Thursday’s trading is given in the table below. 
 
 
On NSE, 50 securities advanced and closed at a new 52-week high whereas 17 securities sank to close at their new 52-week lows. Nifty FMCG, Nifty IT and Nifty Auto were among the biggest losers. Nifty Media was the only gainer.
 
Sanghvi Movers (-1.33%) secured order worth Rs49.50 Crores from Deepak Fertilisers and Petrochemicals Corporation. The eight month contract, commencing May 2025, covers project management, structural erection, piping, and heavy lifting.
 
Bajaj Finserv (-1.78%) allotted 9,26,500 secured redeemable non-convertible debentures on a private placement basis. The allotment was valued at Rs9,371.27 crore. 
 
Himadri Speciality Chemical (+2.06%) acquired a 16.24% stake in International Battery Company, a Delaware corporation. The purchase included 600,000 common stock, 2,100,000 common stock from an existing shareholder, and 379,175 Series A Preferred Stock, for a total of $ 4.43 million in cash. 
 
Som Distilleries & Breweries (-1.17%) started construction on a new Rs600 crore greenfield brewery in Khimsepur, Uttar Pradesh. The new facility, located on 40 acres, aims to have a capacity of over 12 million cases of beer annually.
 
Garden Reach Shipbuilders & Engineers (GRSE) (+10.23%) became the lowest bidder for the Indian Navy's Next Generation Corvettes (NGC) project. GRSE is expected to be awarded a contract for five NGC ships, valued at over Rs25,000 crores.
 
GMR Hyderabad International Airport  (GHIAL), a GMR Airports (+1.51%) subsidiary, will acquire a 70% stake in ESR GMR Logistics Park Private Limited (EGLPPL) for approximately Rs41.33 crore. This move aims to expand GHIAL's strategy of airport land development, diversifying its real estate portfolio to include industrial and warehousing assets. The acquisition is expected to conclude within a month.
 
360 ONE WAM (-1.99%) received necessary regulatory approvals, including from the Competition Commission of India, for the acquisition of share capital in Bativala & Karani Securities India Private Limited and Bativala & Karani Finserv Private Limited. The company also secured approval for the issuance of warrants on a preferential basis to Mr. Saahil Murarka. A
 
In Q4FY24-25, VA Tech Wabag (+8.30%) sales increased by 24% y-o-y to Rs1,156 crore, while operating profit increased by 22% y-o-y to Rs141 crore and Net profit increased by 37% y-o-y to Rs99.5 crore.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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