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📰 Nifty Dips as Bulls Panic, But PSU Stocks Hold Line — Market Wrap for May 20, 2025

By Prashant Marathe | Published on: May 20, 2025

📉 Markets at a Glance

IndexCloseChange% Change
Nifty 5024,987.30–113.65–0.45%
Sensex82,439.70–356.23–0.43%
Nifty Bank53,102.15–208.60–0.39%
  • Advance/Decline: Nifty 50: 18/32, broader markets mixed
  • VIX: ⬆️ Rises to 13.71 — risk-on mode fading

🔍 Top Headlines

🩺 Pfizer India leads the rally

  • Stock jumped 9.4% to ₹4,890 after Q4 PAT jumped 85% YoY
  • But here’s the twist: profit boost came largely from a one-time property sale 💸

🧾 Protean eGov gets downgraded

  • Lost out on PAN 2.0 contract worth ₹1,440 crore
  • Jefferies and ICICI Securities both slapped it with a sell rating

💼

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