Finance
Stock Market Close Highlights, Monday, May 12, 2025: Indian equities markets closed with their greatest gains in nearly a year after tensions between India and Pakistan eased over the weekend when the two countries agreed to a truce.
The progress on the US-China trade pact also bolstered market mood, allaying concerns about global trade conflicts.
The benchmark BSE Sensex rose 2975.43 points, or 3.7%, to settle at 82,429.90. The Nifty50 closed at 24,924.7, up 916.7 points, or 3.8%.
BSE-listed businesses’ market capitalization increased by ₹16.15 trillion to ₹432.56 trillion following the comeback.
In the broader market, the BSE Midcap closed 3.85 percent higher, while the BSE Smallcap rose 4.18 percent.
All sectors indices closed in the green, with Nifty IT and Realty leading the way, up 6.7 percent and 5.9 percent, respectively. Among other Nifty sectors, metal, energy, banking, consumer durables, oil and gas, and FMCG all climbed by 5.8%.
28 of the 30 stocks on the Sensex closed higher. The leading gainers included Infosys (7.6%), HCL Tech (5.9%), Tata Steel (5.6%), Eternal (5.5%), and TCS (5.4%). IndusInd Bank and Sun Pharma were the laggards.
India VIX, a fear indicator used to quantify volatility in the Indian market, plummeted 14.6% to 18.47 points. During the day, the index plunged more than 20% to 17.79.
Source: BS
