Benchmark indices Sensex and Nifty 50 fell by 2.6% each due to a global sell-off triggered by U.S. tariff actions. IT stocks suffered the most, plunging 9%, while the Nifty Metal index dropped 7.5%. Analysts recommend caution amid ongoing market volatility.
BEL shares jump 4%, hit 52-week high after Nuvama raises target price post strong Q4 results
BEL shares: Nuvama highlighted that BEL’s Q4 margins improved to 30.6% from 26.7% quarter-on-quarter, exceeding market expectations of 24.7%. The management has reiterated its guidance
May 21, 2025