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Research Periodic Report Raymond Hits Upper Circuit, Delhivery Posts Strong Profits, HFCL Gains on 6G Push

Raymond Hits Upper Circuit, Delhivery Posts Strong Profits, HFCL Gains on 6G Push

Written by - Fisdom Research

May 19, 2025 2 minutes

Market Snapshot

  • Indian benchmark indices ended in the red, with the Sensex slipping over 250 points and the Nifty falling below the 25,000 mark.
  • Broader markets outperformed, with midcap and smallcap indices continuing to show resilience.
  • Market breadth remained positive, with a 2:1 advance-decline ratio.
  • Sector-wise, IT stocks declined following Moody’s downgrade of the US credit outlook.
  • On the other hand, PSU banks and realty stocks led sectoral gains.
  • Positive sentiments from the previous week, driven by global trade progress and easing geopolitical tensions, appear to have faded.
  • India VIX jumped 5% today, breaking its recent streak of declines, indicating a rise in market volatility expectations.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY REALTY 2.3 NIFTY HEALTHCARE INDEX 0.4
NIFTY PSU BANK 1.5 NIFTY METAL 0.1
NIFTY PHARMA 0.5 NIFTY CONSUMER DURABLES 0.0
NIFTY AUTO 0.4 NIFTY PRIVATE BANK -0.1

Top News

  • Real estate stocks continued their upward momentum, with the Nifty Realty index rising for the fourth straight session and Raymond hitting the upper circuit for the third consecutive day following a steep fall post-demerger.
  • Delhivery shares surged nearly 12% after reporting a strong turnaround with a Q4 FY25 net profit of ₹73 crore, while Data Patterns gained over 2% and CreditAccess Grameen declined more than 6%.
  • HFCL rose 3% after the government notified new 6G service rules, boosting expectations of increased equipment orders, benefiting the company as a key player in the 6G space

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
BAJAJ-AUTO 4.1 ETERNAL -3.1
SHRIRAMFIN 1.9 GRASIM -2.9
POWERGRID 1.4 INFY -2.0

Technical Outlook: Key Indices

Indices Name Support Resistance
Nifty 24,750 25,000
Bank Nifty 54,700 56,000

Trade Ideas Update

  • Our trade ideas success rate has 77% over the past month, even with increased volatility in the benchmark index. Follow Trade Ideas for timely stock insights.
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