Asian Paints, Adani Ports, SAIL and more: Key stocks that moved the most on May 25

SUMMARY

Indian benchmark indices ended today's session in the red, even though the market opened higher with minor gains. The broader NSE Nifty50 ended at 16025.80, 99.35 points down, while the benchmark BSE Sensex closed at 53749.26, 303.35 points lower. Here are key stocks that moved the most in today's trading session:

By CNBCTV18.comMay 25, 2022 4:52:14 PM IST (Published)

Sugar stocks | Shares of Balrampur Chini, Dwarikesh Sugar, Sakthi Sugars, Dhampur Sugar closed 3.7 to 9 percent down on the BSE following the government order capping sugar exports at 10 million tonnes until further notice.

Asian Paints | The top Nifty50 loser, shares of Asian Paints closed 8 percent lower after AB Group's Grasim industries doubled its CAPEX as part of its foray into the paints business.

Adani Ports and Special Economic Zone Ltd | Among the top Nifty50 losers, shares of Adani Ports closed 5.6 percent lower after the company reported a decline in its consolidated net profit for the quarter ended March.

Life insurance stocks | Life insurance stocks gained in a weak market. The stocks of SBI Life, ICICI Prudential, Max Financial, and HDFC Life, gained 1.7-2.9 percent on the BSE.

Steel stocks | Steel stocks continued to remain under pressure after the government's move earlier this week of imposing a 15 percent export duty on steel earlier. Stocks of SAIL, Jindal Stainless (Hisar), JSPL closed 3-6 percent down on the BSE.