Vodafone Idea, Davangere Sugar, JP Power, HFCL Top Volume Leaders on NSE May 25, 2026

Indian Stock Market Sees Surge as Crude Oil Prices Decline

The Indian stock market benchmarks, the Sensex and the Nifty 50, experienced a significant boost on Monday, 25 May, driven by a decline in crude oil prices, a rise in the rupee's value, and positive global cues amid optimism surrounding a potential US-Iran deal. The Nifty 50 broke above a key resistance of 23,800, nearing the 24,000 mark during the session.

According to experts, a sustained move above 23,850 could trigger short covering, potentially accelerating momentum towards the 24,000-24,200 level. Rajesh Palviya, the head of research at Axis Direct, pointed out that immediate support levels would be at 23,550 and 23,400.

Vipin Kumar, AVP-Equity Research and PMS at Globe Capital Market, also believes that a sustainable trade above 23,850 will open the floor for 24,000-24,200 spot levels in the immediate near term.

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Most Traded Stocks on the NSE

The following stocks were the most traded on the National Stock Exchange (NSE) on Monday, 25 May:

These stocks saw significant price movements, with Vodafone Idea rising by more than 2% to hit a 52-week high of ₹14.06. The telecom stock has surged 36% so far in May after a 20% rise in April. Davangere Sugar, on the other hand, plunged 9% during the day, snapping its eight-session winning streak.

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Stock Highlights

• Vodafone Idea: The stock rose by more than 2% to hit a 52-week high of ₹14.06, looking set to extend gains for the fifth consecutive session. The company received a "CRISIL A -" rating with a stable outlook on its ₹35,000 crore bank facilities from CRISIL Ratings.
• Davangere Sugar: The stock plunged 9% during the day, looking set to snap its eight-session winning streak, largely due to profit booking.
• Jaiprakash Power Ventures (JP Power): The stock jumped more than 3% during the session, with Adani Power finalising agreements to purchase a 24% stake in JP Power and the 180 MW Churk thermal power plant located in Uttar Pradesh.
• HFCL: The stock surged 10% to hit its 52-week high of ₹162.50, looking set to extend gains for the fourth consecutive session. The company will conduct virtual meetings with institutional investors on Tuesday, May 26, to discuss general business updates and industry trends.