The Indian stock market witnessed a positive opening on Wednesday, May 14, 2025, continuing its upward trend. Both the Sensex and Nifty indices reflected this bullish sentiment, driven by encouraging global cues and a respite in India-Pakistan tensions.
At approximately 9:32 AM, the S&P BSE Sensex climbed 360.98 points, marking a 0.44% increase, reaching a level of 81,509.20. Simultaneously, the NSE Nifty50 demonstrated similar strength, surging 118.20 points, or 0.48%, to stand at 24,696.55. This positive momentum was further fueled by the easing of retail inflation, which recently hit a six-year low of 3.16% in April 2025, according to official data released on Tuesday. The decline in inflation was primarily attributed to a significant drop in food prices.
The broader market mirrored this optimistic trend, extending its gains for the third consecutive day. The NIFTY Midcap 100 and NIFTY Smallcap 100 indices both experienced gains of 0.55% and 0.53%, respectively, indicating widespread positive sentiment across different market segments.
Sector-wise, the performance was largely positive, with most sectors trading in the green, except for Nifty Pharma, which saw a slight decline of 0.11%. Nifty Metal emerged as the frontrunner, boasting a 1.58% gain, followed by Nifty IT (0.85%) and Nifty Oil and Gas (0.66%). The overall market breadth favored the bulls, signifying strong buying interest.
Foreign institutional investors (FIIs) continued to express confidence in the Indian market, with net equity purchases amounting to ₹1,246.48 crore on Tuesday, according to exchange data.
Among the individual stocks, Tata Steel and Bharti Airtel stood out as prominent gainers, spurred by their recent earnings updates for the January-March quarter.
Globally, Asian benchmark indices presented a mixed picture on Wednesday morning. Japanese indices retraced some of the gains from the previous week's rally, with Japan's Nikkei 225 trading lower by 0.72% at 37,913.55. Meanwhile, Singapore's Straits Times Index also experienced a slight dip.
Several factors are expected to influence market movement, including India and US CPI data, India WPI numbers, ongoing Q4 earnings, US-China trade developments, and institutional activity.
Stocks to watch include Tata Motors, which reported a consolidated net profit decline, and Bharti Airtel, which posted a significant increase in consolidated net profit. Other stocks in focus include HAL, Eicher Motors and Tata Power.