Stock Market Today May 19 2025:
The Indian stock market closed last week on a strong note, showing signs of recovery after a period of consolidation. The Nifty 50 index jumped 4.2%, while Bank Nifty gained 3.3%. Sectors such as metals, industrials, and real estate led the gains. However, healthcare and pharmaceutical stocks underperformed. In the broader market, mid-cap and small-cap stocks rose between 7% to 9%.
According to analysts, the Nifty 50 is expected to remain strong if it stays above the support levels of 24,665 and 24,400. If the index breaks above 25,100, it may move further up to 25,500. However, if it drops below 24,400, the positive trend could come under pressure.
For Bank Nifty, the key level to watch is 54,400. If the index holds above this level, it may reach 56,000 in the coming sessions. Technical indicators are showing positive momentum in both indices, supporting the bullish outlook.
There are no major global or domestic events this week, so the market focus is likely to shift toward Indian companies’ quarterly earnings and economic data. Investors will keep an eye on updates regarding foreign investment flows and global trade developments.
Many large companies like ONGC, ITC, Hindalco, JSW Steel, and Power Grid are expected to announce their Q4 results this week. Their performance may impact the market direction in the short term.
Expert Stock Picks for May 19, 2025
Market experts have recommended a few stocks based on technical analysis. These are considered good trading opportunities for the day:
1. Medplus Health Services Ltd
Buy at: ₹885
Target: ₹950
Stop Loss: ₹855
Medplus is showing strong momentum and has broken out of its earlier trading range. It has hit a 52-week high, and technical charts suggest continued bullish movement.
2. Data Patterns (India) Ltd
Buy at: ₹2868
Target: ₹3060
Stop Loss: ₹2765
This defense and electronics company has more than doubled from its April lows. It has broken through a major resistance level and is showing strong upward momentum.
3. Ideaforge Technology Ltd
Buy at: ₹560
Target: ₹600
Stop Loss: ₹545
The stock has broken out of a flag pattern and crossed its 200-day moving average. This suggests potential for further gains.
4. HUDCO (Housing & Urban Development Corporation Ltd)
Buy at: ₹233.80
Target: ₹247
Stop Loss: ₹228
HUDCO has regained strength after a small correction and has moved above key moving averages, signaling a positive trend.
5. TVS Motor Company Ltd
Buy at: ₹2841
Target: ₹2960
Stop Loss: ₹2790
TVS Motor is showing signs of a breakout from a consolidation zone, supported by strong technical indicators.
The Indian stock market looks positive for the near term, supported by strong index performance and promising corporate earnings. However, investors should remain cautious and monitor key levels for any trend reversal. It is advised to consult financial experts before making any investment decisions.
Also Read: India Top 5 Exports in FY25: Shift in Global Trade?