Highlights

Indian markets ended in the red, with Nifty and Sensex falling over 1% each. All the sectors closed in the red. The decline was driven by broad-based profit booking, especially in railway, auto, and capital goods stocks

Headline Indices

Sectors at a Glance

*Prices shown may have delay up-to 15 minutes

What moved the market?

*Prices shown may have delay up-to 15 minutes

India VIXINDIA VIX17.39 +0.17%

Nifty Midcap 150NIFTY MIDCAP 150₹20,665.25 -1.56%

Nifty Smallcap 250NIFTY SMLCAP 250₹16,368.65 -0.90%

Put Call Ratio of Nifty 50 (expiry: 22nd May) is 0.49

Stocks In the News

Pfizer Ltd.PFIZER₹4,949.80 +10.78%

Pfizer shares jumped nearly 12% after strong Q4 results (net profit up 85% YoY) and a record ₹165 dividend announcement for FY25, marking its biggest payout in over a decade.

DLF Ltd.DLF₹753.50 +2.15%

DLF shares rose after a strong Q4FY25, with net profit at ₹1,268 crore (up 37% YoY) and revenue at ₹3,348 crore.

Rail Vikas Nigam Ltd.RVNL₹415.05 -3.81%

RVNL shares fell despite bagging a fresh order from IRCON worth ₹179 crore for signalling and telecom work at 10 stations. This marks its second order win in five days.

Rites Ltd.RITES₹275.45 -6.60%

Railway stocks fell amid broader market weakness and profit booking, after a sharp rally last week driven by renewed order optimism and inflows.

India & The World
  • India is on track to meet its 20% ethanol blending target, a new S&P Global report says it’s time to fast-track Bio-CNG adoption, calling for a structured push to boost its production and usage.
  • India’s 10-year G-Sec yield dipped below 6.3%, a 3-year low amid RBI rate cuts, easing inflation, and renewed foreign inflows. A ceasefire with Pakistan and rupee stability also boosted bond market sentiment.
  • Apple supplier Foxconn will invest $1.5 billion in its India unit, Yuzhan Technology, to expand iPhone production in Tamil Nadu. The move strengthens India’s role as Apple’s key manufacturing hub amid China-related tariff risks.
  • China’s central bank cut key lending rates to record lows for the first time since October, sending 10-year bond yields to 1.67%, a near 3-month low. Markets rose despite US-China chip tensions.
  • The 10-year US Treasury yield held around 4.43% as markets awaited Fed speeches for policy cues. This comes after Moody’s downgraded the US credit rating, citing rising debt and deficit concerns.
Back to Basics
What is a Dividend?

A dividend is a portion of a company’s profit shared with its shareholders, basically, a reward for owning the stock.

Not all companies pay dividends, but when they do, it’s usually a sign of strong financial health or consistent earnings.

Why does it matter?

Dividends can be a steady income stream, especially in volatile markets.

For investors, high or rising dividends often signal confidence and stability, but always check if they’re backed by earnings, not just a one-time bump.

IPO Corner

Mainline IPO

CompanyDateIssue PriceMinimum Investment
Belrise Industries21 May – 23 May ₹85 to ₹90 per share₹14,110
Corporate Actions
StockEx-DateRecord DateEvent TypeEvent Details
Ashok Leyland Ltd.22 May 202522 May 2025Interim Dividend₹ 4.25
Emami Ltd.22 May 202522 May 2025Special Dividend₹ 2.00
G M Breweries Ltd.22 May 202522 May 2025Final Dividend₹ 7.50
Aditya Birla Fashion and Retail Ltd.22 May 202522 May 2025Spin-off