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Nifty and Sensex Rebound; Dredging Corp, Ather Energy, IOL Chemicals Lead Gains

By Mohammad Saffan

Published on:

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May 21, 2025 – The Indian stock market witnessed a positive turnaround today, recovering from previous losses. The benchmark indices, Nifty 50 and BSE Sensex, closed higher, buoyed by gains in financial, pharmaceutical, and auto sectors.

Market Highlights

Nifty 50: Rose by 0.82% to close at 24,894.15

BSE Sensex: Gained 0.8%, ending at 81,838.58

The rally was broad-based, with all 13 major sectoral indices ending in the green. Mid-cap and small-cap indices also posted gains of 0.6% each.

Top Gainers

Dredging Corporation: Surged 13.6% after reporting a return to profitability in the latest quarter.

Ather Energy Ltd.: Shares climbed 6%, contributing to the BSE Auto Index’s 0.3% rise.

IOL Chemicals & Pharmaceuticals: Stock jumped 7%, aligning with the BSE Healthcare Index’s 0.9% increase.

Top Losers

While the overall market sentiment was positive, some stocks underperformed:

Mahindra & Mahindra: Declined by 6.07%, facing sector-specific pressures.

Cyient: Dropped 6.01%, reflecting challenges in the tech sector.

Sun Pharma Advanced Research Company: Fell 4.40%, amid broader pharmaceutical market dynamics.

Sectoral Performance

Financials: Gained 0.9%, with HDFC Bank rising by 1.5%.

Pharmaceuticals: Advanced 1.7%, driven by positive global cues favoring generic drug manufacturers.

Automobiles: Increased by 1.4%, supported by strong performances from companies like Ather Energy.

Expert Commentary

Market analysts attribute today’s rebound to renewed investor confidence, especially in sectors poised to benefit from global policy shifts. The pharmaceutical sector, in particular, received a boost following indications that upcoming U.S. healthcare policies would favor generic drug manufacturers.

Outlook

Investors are advised to monitor upcoming global economic data and policy announcements, which could influence market trajectories. The positive momentum observed today suggests a cautiously optimistic outlook for the near term.

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