Nifty, Sensex Under Pressure – Tuesday Market Report
Moneylife Digital Team 20 May 2025
On Tuesday, 1435 stocks advanced, 2534 declined and 135 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.57 indicating a negative closing in the broader market. The trend of the major indices on Tuesday’s trading is given in the table below.  
 
 
On NSE, 49 securities advanced and closed at a new 52-week high whereas 18 securities sank to close at their new 52-week lows. In sectoral indices, Nifty Auto, Nifty Media and Nifty FMCG were among the biggest losers.
 
Hindalco Industries (+0.67%) , a key player in the aluminium sector, announced a significant acquisition. The company, through its wholly-owned subsidiary EMML, will acquire 100% equity in Essel Mining & Industries Limited's coal block in Bandha. This strategic move aims to secure long-term raw material supply for Hindalco's aluminium smelters, which currently hold reserves of around 197 million tonnes.
 
Rajshree Polypack (-4.74%) announced the commencement of commercial production at its new manufacturing facility. 
 
Protean eGov Technologies (-8.29%) fell to qualify for the Income Tax Department's high-stakes PAN 2.0 project. This modernisation initiative, estimated at Rs1,440 crore, aimed to overhaul India's PAN systems. Although the company insists it’s existing PAN processing operations remain unaffected, contributing half its revenue. 
 
Rail Vikas Nigam (RVNL) was declared the lowest bidder for a Rs178.64 crore project from IRCON International. The contract involves provision, installation, testing, and commissioning of signalling, telecommunications, and Electronic Interlocking systems. This vital infrastructure upgrade will span ten new railway stations, including key locations such as Surakachhar, Block Cabin, and Katghora Road, bolstering India's rail network capabilities. 
 
Waaree Energies (-1.11%) will acquire Kamath Transformers for Rs293 crore, significantly boosting its manufacturing capabilities. Additionally, its subsidiary, Waaree Forever Energies, will acquire Green New Delhi Forever Energy. The twin deals, expected to conclude in FY25-26, signal Waaree's aggressive expansion strategy in the energy sector, aiming for an all-cash consideration.
 
 
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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