Sensex & Nifty Live Updates May 5: Markets End Firm; Sensex Gains 297 pts, Nifty Up 0.47%

Indian equity markets ended higher today, with the Sensex rising 0.37% to 80,796.84 and the Nifty advancing 0.47% to 24,461.15. While the domestic mood was cautiously optimistic, global cues remained mixed—key Asian indices posted healthy gains, while US futures slipped in pre-market trade.

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Stock Market Highlights, May 5:

• Adani Group Leads the Rally: Adani Enterprises (+7.03%) and Adani Ports (+6.31%) were the top gainers, boosting Nifty and Sensex, which closed higher by 0.47% and 0.37%, respectively.
• Kotak Bank Drags Despite Positive Sentiment: Kotak Mahindra Bank slipped 4.59% following weak Q4 earnings, emerging as the top loser.
• INR Strengthens, Global Cues Mixed: A soft Dollar Index and broad INR gains may have supported market sentiment. Asian markets stayed firm, although US futures dipped in pre-market trade.
   

Top Gainers:

Top Losers:

Indian Market Closing Cues:

Asian Markets: 

US Markets Live Today

*As of 15:38 IST

Gold Price Today

Gold prices today have witnessed a slight uptick. 22K gold is at ₹8,775 per gram and 24K gold is at ₹9,573 per gram.

Silver Price Today

Silver prices today have decreased today, reaching ₹97 per gram. 

Sensex & Nifty: Afternoon Update:

*As of 14:17 IST

Key Factors Impacting INR Today:

• Softening Dollar Index: The Dollar Index slipped by 0.24% to 99.79, easing pressure on emerging market currencies like the INR. A weaker dollar often supports the rupee by making imports cheaper and attracting foreign capital inflows.
• Broad-Based INR Strength: The INR appreciated against major currencies today, with USD/INR falling by 0.28%, EUR/INR by 0.33%, and GBP/INR by 0.17%. This indicates broad-based strength, possibly driven by improved risk sentiment and lower crude oil prices.
• Muted JPY/INR Movement: The JPY/INR pair remained relatively flat, down just 0.034%, suggesting limited volatility from the Asian region and little impact from Japanese market developments on the rupee.

Currency Market Overview:

*As of 14:13 IST

Stock in News Today: 

Here are the top stocks to watch today following their latest earnings and business updates.

• SBI: State Bank of India, the country’s largest lender by assets, posted a 9.9% drop in net profit for Q4FY25 at ₹18,643 crore, down from ₹20,698 crore in the same quarter last year. Meanwhile, its net interest income (NII) saw a modest rise of 1.5% to ₹42,774 crore, compared to ₹41,655 crore in Q4FY24.
• Avenue Supermarts: The parent company of D-Mart reported a 2% year-on-year decline in consolidated net profit at ₹551 crore for the March 2025 quarter, slightly lower than ₹563 crore posted in the corresponding period last year.
• Kotak Mahindra Bank: The private lender reported a 14% drop in standalone profit after tax to ₹3,552 crore in Q4FY25, versus ₹4,133 crore in the same period a year earlier. However, total income rose to ₹16,712 crore from ₹15,285 crore year-on-year.
• Indian Bank: The public sector bank reported a 32% surge in profit after tax to ₹2,956 crore for Q4FY25, aided by lower bad loans and stronger core income. This compares with ₹2,247 crore reported in the same quarter of the previous fiscal. Interest income climbed to ₹15,856 crore from ₹14,624 crore a year ago.
• Azad Engineering: The precision engineering firm announced a USD 53.5 million deal with GE Vernova’s Steam Power Services division to supply airfoils for applications in both thermal and nuclear power segments.
   

Stock Market Outlook for Today:

• Muted Open Likely: Gift Nifty hints at a potential flat start, though strong global cues may support sentiment.
• Global Boost: US markets rallied over 1%, and key Asian indices like Nikkei and Hang Seng are trading in the green.
• Support from Institutions: Continued FII-DII buying and falling crude prices may help cushion any dips.
   

Indian Stock Market Recap: May 2

Indian stock markets ended largely flat in the last session, with marginal gains seen in both benchmark indices. The Nifty inched up by 0.05% to settle at 24,346.70, while the Sensex added 0.32% to close at 80,501.99.

Indian Market Cues:

Global Market Cues (US Indices):

Asian Markets: 

Crude Oil Prices:

Bond Yields:

FII/DII Activity:

Foreign Institutional Investors (FIIs) Net Buy/Sell : 2769.8
Domestic Institutional Investors (DIIs) Net Buy/Sell : 3290.5

*As of 09:20 IST
 
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.