Bayer Crop Rose 10% on Profit Jump; Retail Sales Rise 4% in April & More

Highlights

After a volatile session, Indian benchmark indices closed over 0.70% lower on Tuesday amid mixed global cues and profit booking. Nifty PSU Bank, Realty, and Pharma were the only sectoral gainers.

Headline Indices

Sectors at a Glance

Top Gainers

Company	Today’s Chg	LTP
Nifty PSU BankNIFTY PSU BANK	+0.26%+17.20	6731.50
Nifty RealtyNIFTY REALTY	+0.24%+2.30	946.30
Nifty PharmaNIFTY PHARMA	+0.11%+23.15	21524.95

Top Losers

Company	Today’s Chg	LTP
Nifty ITNIFTY IT	-0.75%-284.45	37501.45
Nifty CommoditiesNIFTY COMMODITIES	-0.78%-68.75	8696.10
Nifty FMCGNIFTY FMCG	-0.88%-502.10	56547.60

*Prices shown may have delay up-to 15 minutes

What moved the market?

Top Gainers

Company	Today’s Chg	LTP
Bayer Cropscience Ltd.BAYERCROP	+10.59%+543.20	5674.00
ITI Ltd.ITI	+9.99%+28.10	309.25
GE Vernova T&D India Ltd.GVT&D	+6.60%+136.90	2210.50
Hitachi Energy India Ltd.POWERINDIA	+5.89%+963.00	17302.00
GlaxoSmithKline Pharmaceuticals Ltd.GLAXO	+5.33%+157.70	3118.20

Top Losers

Company	Today’s Chg	LTP
Olectra Greentech Ltd.OLECTRA	-6.50%-87.50	1257.90
Brainbees Solutions Ltd.FIRSTCRY	-6.02%-22.60	352.55
Sumitomo Chemical India Ltd.SUMICHEM	-5.78%-30.85	503.20
Blue Dart Express Ltd.BLUEDART	-5.21%-374.50	6812.50
Sagility India Ltd.SAGILITY	-5.02%-2.15	40.72

*Prices shown may have delay up-to 15 minutes

INDIA VIX18.54 +2.89%

NIFTY MIDCAP 150₹21,034.45 +0.21%

NIFTY SMLCAP 250₹16,637.85 +0.11%

Put Call Ratio of Nifty 50 (expiry: 29th May) is 0.75

What Made Headlines?

BAYERCROP₹5,674.00 +10.59%

Bayer CropScience shares jumped after, company’s net profit for the March quarter increased by 49.27% to ₹143 crore from ₹96 crore in the previous year, and revenue was up 32.1% from the year-ago period.

BONDADA₹494.70 +5.81%

Bondada Engineering shares rose after winning a ₹204.2 crore order to set up 100 MWh battery storage systems in Telangana under a build-own-operate model with viability gap funding.

CAPACITE₹355.65 +2.92%

Capacite Infraprojects shares rose after Q4FY25 results showed 16% YoY revenue growth and a slight profit rise to ₹53.1 crore, reflecting steady execution momentum.

HBLENGINE₹564.00 +1.58%

HBL Engineering has received an order worth ₹101.55 crore. The contract includes the provision of Kavach across 85 railway stations, covering a total route length of 778 kilometers and installation on two locomotives.

KEC₹861.70 +0.03%

KEC International’s share price rose after a healthy Q4, after the company reported its highest ever Revenue, and PAT grew by 65%

What’s Happening Beyond Our Markets?

• Retail sales in India grew 4% year-on-year in April 2025, according to the Retailers Association of India (RAI), indicating stable domestic demand despite ongoing global trade uncertainties, based on its latest industry survey.
• India’s mining and construction equipment sector is set to reach $45 billion by 2030, growing at a 19% CAGR, as per a CII–Kearney report aiming to boost global manufacturing leadership.
• The dollar index rose to 99.3 after the US delayed EU tariffs to July 9. Gains were strongest against the yen amid talk of Japanese bond market intervention.
• WTI crude fell to $61.3 amid concerns of higher OPEC+ output. Losses were limited by easing US-EU trade tensions and uncertainty over Iran’s nuclear deal and future oil supply.

Back to Basics

Terms that put you one step ahead – every day.

What is Viability Gap Funding (VGF)?

Viability Gap Funding is financial support that the government gives to private companies for infrastructure projects that are economically important but not immediately profitable.

In simple terms, if a project helps the public but isn’t attractive to investors on its own, the government fills that “gap” with funding to make it viable.

For investors, VGF-backed projects mean lower risk, better execution, and potential long-term returns.

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