Home / Business and Economy / Tech and Consumer Stocks Propel Nifty 50 Above 25,000
Tech and Consumer Stocks Propel Nifty 50 Above 25,000
20 Aug
Summary
- Nifty 50 closes above 25,000 for first time in over 3 weeks
- IT and FMCG stocks lead gains on optimism around deals and margins
- Midcap index outperforms, but banking shares lag
On August 20, 2025, the Indian stock market continued its strong performance, with the benchmark Nifty 50 index closing above the 25,000 mark for the first time in over three weeks. The 30-share BSE Sensex ended the day 213 points higher at 81,858, while the Nifty 50 gained 70 points to settle at 25,051.
The broader markets outperformed, with the Nifty Midcap 100 index rising 266 points to 57,931. However, banking shares lagged, with the Nifty Bank index slipping 167 points to 55,699.
The gains were led by the technology and consumer staples sectors, with Infosys, Tata Consultancy Services, Hindustan Unilever, and Nestle among the top Nifty performers. Investors showed optimism around potential deal wins for large-cap IT companies, while FMCG stocks advanced on hopes of margin resilience despite elevated input costs.
Shares of Eternal extended their upward momentum, scaling a record high after a positive brokerage note. Hotel stocks also gained, with Indian Hotels climbing 4% on expectations of sustained demand during the upcoming festive season.
In contrast, weakness was seen in defense and financial stocks, with Bharat Electronics and Bajaj Finance among the top drags on the benchmark. Gold loan financiers also slipped as bullion prices retreated, with Muthoot Finance falling about 2%.
