Stock market analysis today
As of 11:35 AM IST on Monday, May 19, 2025, the Indian stock markets are experiencing a mixed session with benchmark indices showing minimal movement, while broader markets exhibit stronger performance.
### ๐ Market Overview
* **Nifty 50**: Trading at 25,018.50, down 1.30 points (-0.01%).
* **Sensex**: At 82,293.73, down 36.86 points (-0.04%).
* **Nifty Bank**: Up 233.20 points (+0.42%) at 55,588.10.
Broader indices are outperforming, with the Nifty Midcap 150 and Smallcap 250 rising 0.54% and 1.06%, respectively.
### ๐ Sectoral Performance
* **Top Gainers**:
* **Bajaj Auto**: +2.84%
* **Eicher Motors**: +1.9%
* **Hero MotoCorp**: +1.6%
* **IndusInd Bank**: +1.2%
* **Top Losers**:
* **Infosys**: -1.3%
* **Eternal**: -1.84%
* **Grasim**: -0.9%
* **TCS**: -0.8%
The Nifty IT index is underperforming, declining by 0.79%, while the Nifty PSU Bank index is leading with a 1.67% gain.
### ๐ Global Influences
Global market sentiment is cautious following Moody's downgrade of the U.S. credit rating from Aaa to Aa1, citing increasing government debt and interest expenses. This has led to a decline in Wall Street futures and a weaker dollar, impacting emerging markets like India.
### ๐ Technical Levels
* **Nifty 50**:
* Support: 24,665 and 24,400
* Resistance: 25,100
* **Sensex**:
* Support: 81,550
* Resistance: 83,000
Analysts suggest that maintaining levels above these supports could indicate continued bullish momentum.
### ๐ก Stock Recommendations
* **Short-Term Picks**:
* **Indian Railway Finance Corporation (IRFC)**
* **SJVN**
* **NBCC (India)**
* **Weekly Picks**:
* **Bharti Airtel**: Target price ₹2,110 (16% upside)
* **Varun Beverages**: Target price ₹665 (32% upside)
These recommendations are based on recent performance and growth potential.
### ๐ฑ Currency and Commodities
* **Indian Rupee**: Opened stronger at ₹85.44 against the U.S. dollar.
* **Gold**: Prices are on an upward trend, influenced by a weaker dollar and global uncertainties.

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