The Indian stock markets witnessed a slight bearish trading session on Wednesday, May 15th, with the benchmark indices Nifty and Sensex ending marginally lower. The Nifty 50 closed at 22,200.55, down 0.078% or 17.30 points, while the BSE Sensex shed 117.58 points, 0.16%, to settle at 72,987.03.
BSE Sensex Index: TradingView
Despite the flat close, both indices traded within a narrow range throughout the day, indicating resilience amid global uncertainties. The Nifty oscillated between a high of 22,297.55 and a low of 22,151.75, while the Sensex moved between 73,301.47 and a low of 72,822.66.
Let us take a close look at some of the top gainers for the day
Bombay Dyeing and Mfg Co Ltd emerged as the top gainer on the day, with its shares surging 11.30% to close at Rs185.60. The stock touched an intraday high of Rs189.00 and a low of Rs167.35. With a market cap of Rs38.27 billion, the company's average trading volume stood at 1.27 million shares.
ITI Ltd. was another star performer, with its stock price soaring 9.52% to Rs312.80. During the session, the shares traded between Rs285.80 and Rs322.80. ITI Ltd boasts a market cap of Rs301.24 billion and an average trading volume of 3.63 million shares.
Thermax Limited's share price surged 8.19%, closing at Rs5,080. The stock touched an intraday high of Rs5,382.40 and a low of Rs4,723.95. With a market cap of Rs572.11 billion and an average trading volume of 173.60 thousand shares, Thermax Limited's P/E ratio stood at 88.69, and its dividend yield was 0.20%.
Shipping Corporation of India Ltd's shares climbed 7.39% to Rs223.90. The stock traded between Rs210.00 and Rs227.50 during the session. The company has a market capitalization of Rs104.45 billion, and its average trading volume data was not provided.
This witnessed a 7.11% surge in its share price, closing at Rs3,998.00. The stock touched an intraday high of Rs4,019.95 and a low of Rs3,676.35. The intraday high also happens to be the year's range high. With a market capitalization of Rs300.28 billion and an average trading volume of 119.72 thousand shares, Timken India Ltd's P/E ratio stood at 76.69.
Siemens Ltd shares gained 6.33%, closing at Rs7,082.00. The stock traded between Rs6,926.00 and Rs7,240.00 during the day. Siemens Ltd contains a market capitalization of Rs2.54 trillion and an average trading volume of 331.55 thousand shares. Its P/E ratio stood at 125.84.