Stock Market Close Highlights: Sensex adds 259 pts in volatile trade, Nifty at 24,346; SMIDs in red

Stock Market Highlights: Among the broader baskets, Nifty Midcap100 and Nifty Smallcap100 indices settled lower by 0.78 and 0.04 per cent on Friday.

3:59 PM

Stock Market LIVE Updates: Market expert view

Domestic benchmark indices opened on a positive note, supported by favourable global cues. Nifty witnessed buying interest in the first half but faced profit booking in the latter part, settling on a flat note at 24,347.

 

Technically, Nifty formed a spinning top candle on the daily chart, suggesting indecision at higher levels, while the weekly chart formed a strong green candle, indicating underlying strength. Immediate resistance is placed at 24,590, and support remains near the 200-Day Simple Moving Average around 24,050. A sustained move above 24,590 could push the index towards 24,800–24,850 levels.

 

View by Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates 

 

3:48 PM

Stock Market LIVE Updates: Technical view

The Nifty index has witnessed a bout of volatility during the week, slipping sharply after facing rejection around the 24,550 level. On the daily chart, a long upper-wick candle suggests selling pressure at higher levels. 

 

Going forward, support is placed at 24,250; a fall below this level might trigger a correction toward 24,000. Additionally, the index may remain range-bound within the 24,000–24,550 band. Only a decisive breakout above 24,550 may lead to a decent rally in the index.

 

View by Rupak De, Senior Technical Analyst at LKP Securities

3:38 PM

Stock Market LIVE Updates: A glance at broader market at close

Stock Market LIVE Updates: BSE Midcap and Smallcap indices ended in red on Friday. 

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3:37 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Adani Ports, Bajaj Finance and IndusInd Bank were among the top gainers on Sensex. 

3:35 PM

Stock Market LIVE Updates: Nifty50 settles at 24,346.7, up 12.5 pts

Stock Market LIVE Updates: NSE Nifty50 closed at 24,346.7, up 12.5 points or 0.05 per cent. 

Nifty50 close today

3:33 PM

Stock Market LIVE Updates: Stock Market LIVE Updates: Sensex closes at 80,501.9, up 259.7 pts

Stock Market LIVE Updates: BSE Sensex closed at 80,501.9, up 259.7 points or 0.32 per cent. 

Sensex close today

 

3:27 PM

Stock Market LIVE Updates: Indian refiners target cheaper US LPG imports with help from China tariffs

Stock Market LIVE Updates: Chinese import tariffs have unwittingly come to India’s assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.

 

After stepping up crude imports and tying up US liquefied natural gas (LNG) supplies, Indian state-run oil companies are evaluating options for LPG imports from the US in July, directly under term contract arrangements — when they begin talks to secure shipments of the cooking fuel for 2026, top refining sources told Business Standard. READ MORE
 

3:17 PM

Stock Market LIVE Updates: IPO Calendar: Ather Energy listing, 5 SME offerings to track next week

Stock Market LIVE Updates: Small and Medium Enterprise (SME) offerings are expected to keep primary market investors busy in the upcoming week, as four companies are set to list on SME exchanges. Additionally, the initial public offering (IPO) of two SME companies are scheduled to open for public subscription. 

 

Meanwhile, in the mainline segment, activity will slow down again following the Ather Energy IPO, which briefly broke the recent lull. READ MORE

3:12 PM

Stock Market LIVE Updates: Ashish Kacholia portfolio stock surges 10% on strong Q4 performance

Stock Market LIVE Updates: Share of Ami Organics surged 10 per cent to ₹ 1,243 on the BSE in Friday’s intra-day deal, after the company reported healthy operational performance for the quarter ended March 2025 (Q4FY25). 

 

In the past two trading days, the stock price of the pharmaceutical company has rallied 14 per cent. It had hit a 52-week high of ₹ 1,321.75 (adjusted to stock split) on February 5, 2025. READ MORE

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex above 80,400, Nifty trades in green

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 pared early gains on Friday, amid pulled by telecom and power stocks.

 

At 3 PM, the BSE Sensex was trading with gains of 190 points, or 0.24 per cent, at 80,433, and the Nifty 50 was at 24,380, up 46 points or 0.18 per cent.

2:59 PM

Stock Market LIVE Updates: India's first SIFs: What's special about the funds, who should invest

Stock Market LIVE Updates: India’s market regulator has received the first two applications for Specialized Investment Fund (SIF) and is likely to approve them in 10 days. This will introduce India’s first SIFs under a mutual fund framework, offering investors a new way to pursue sophisticated strategies. READ MORE

2:51 PM

Stock Market LIVE Updates: RBI seeks 'vostro' accounts investment cap removal to push Rupee trade

Stock Market LIVE Updates: India's central bank has sought the government's approval to remove the cap on foreign banks with so-called vostro accounts buying short-term sovereign debt, to boost rupee-denominated investment and trade, according to two sources and a letter seen by Reuters.

 

Vostro accounts are typically held by a domestic bank on behalf of a foreign bank in which trading partners can hold rupee-denominated balances emerging from trade transactions. READ MORE

2:40 PM

Stock Market LIVE Updates: Arunaya Organics IPO closing today; check subscription, GMP, listing date

Stock Market LIVE Updates: The initial public offering (IPO) of Arunaya Organics which opened for subscription on Thursday, April 29, 2025, has received a muted response from investors so far. As of 2:02 PM on Friday, day 3 of subscription, the has been subscribed 1.89 times, according to data from the NSE SME platform. The three-day subscription window for the SME IPO will close today, May 2. The quota booked for retail investors was subscribed 3.28 times. READ MORE

2:31 PM

Stock Market LIVE Updates: IndusInd Bank up 36% from April low. Buy, sell, hold? Check strategy here

Stock Market LIVE Updates: IndusInd Bank stock surged over 3 per cent to ₹ 864 in intra-day deals on Friday, and was the top gainer among banks in the Sensex that gained nearly a per cent to hit the 81,000 mark. On the other hand, In comparison, the Nifty Bank index was trading around 0.8 per cent higher in intraday trade at 55,508 levels. IndusInd Bank stock has zoomed nearly 36 per cent from its April-month low of ₹ 637. READ MORE

2:21 PM

Stock Market LIVE Updates: Oracle Financial, 11 others to go ex-dividend next week; do you own any?

Stock Market LIVE Updates: Shares of Oracle Financial Services Software, Oberoi Realty, CRISIL, Transformers and Rectifiers (India), and eight others are set to remain in focus during the week from Monday, May 5, 2025, to Friday, May 9, 2025, following their announcement of dividends for shareholders. The companies also include PTC India, Sundram Fasteners, Varun Beverages, Anand Rathi Wealth, Bajaj Finance, Laurus Labs, Bank of Maharashtra, and UCO Bank. READ MORE

2:11 PM

Stock Market LIVE Updates: S&P cuts India's FY26 GDP forecast to 6.3% over US tariff uncertainty

Stock Market LIVE Updates: S&P Global Ratings on Friday cut India's growth projections by 0.2 per cent to 6.3 per cent for the current fiscal year citing uncertainty over the US tariff policy and downside risks from its spillover to the economy.

 

S&P said among Asia-Pacific's major economies, China is expected to see its growth drop by 0.7 per cent in 2025 to 3.5 per cent and in 2026 to 3 per cent. READ MORE

2:03 PM

Stock Market LIVE Updates: 2 PM market update - Sensex above 80,650, Nifty trades in green

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 pared early gains on Friday, amid pulled by telecom, power and realty stocks.

 

At 2 PM, the BSE Sensex was trading with gains of 415 points, or 0.52 per cent, at 80,660, and the Nifty 50 was at 24,362.3, up 39 points or 0.16 per cent.

2:00 PM

Stock Market LIVE Updates: Vedanta Resources weighs Zambia copper IPO to fund $1 billion investment

Stock Market LIVE Updates: Vedanta Resources, the mining and energy company controlled by Indian billionaire Anil Agarwal, is considering listing its Zambian copper unit to raise the funds it needs to invest in the asset. 

 

“Listing is an option,” Ajay Goel, chief financial officer of Mumbai-listed Vedanta Ltd., said Friday in an interview with Bloomberg TV. “It is hard to give a timeline definitely, but it’s under active consideration.” READ MORE

 

1:51 PM

Stock Market LIVE Updates: These stocks fell up to 12% post Q4 results. Check strategy here

Stock Market LIVE Updates: Shares of Indus Towers, Godrej Agrovet, Phoenix Mills, Ajanta Pharma and Star Health Insurance were among the biggest losers in trades on Friday, as these stocks reacted to Q4 earnings.

 

Here's a technical outlook on these 5 stocks post today's price reaction in the markets. READ MORE

1:45 PM

Stock Market LIVE Updates: Why are Sonata Software shares up 38% in 4 trading days?

Stock Market LIVE Updates: Share price of Sonata Software continued their upward movement on the BSE today, soaring 10 per cent to ₹464.20 in Friday's intraday trade, amid heavy volumes. Moreover, it is quoting higher for the fourth straight trading day, surging 38 per cent during the period. In the past nine trading days, it zoomed 60 per cent from level of ₹290 on April 17, 2024.

 

However, despite the recent rally, Sonata Software has underperformed the market in the past six months by declining 25 per cent, as compared to 1.9 per cent rise in the BSE Sensex. READ MORE

 

1:37 PM

Stock Market LIVE Updates: TCS and IBM partner to build India's quantum future in Andhra Pradesh

Stock Market LIVE Updates: Technology majors Tata Consultancy Services (TCS) and IBM today announced partnership to further develop India’s quantum industry. Both the technology firms are part of the Government of Andhra Pradesh’s new, first-of-a-kind, Quantum Valley Tech Park, currently being built in the capital city of Amaravati. READ MORE

 

1:24 PM

Stock Market LIVE Updates: DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Stock Market LIVE Updates: Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter. FPI ownership stood at 17.22 per cent. It is the first time DIIs have outpaced FPIs since Prime Database began tracking data in 2009. READ MORE

1:12 PM

Stock Market LIVE Updates: RailTel shares soar 13% on strong Q4 results; key highlights here

Stock Market LIVE Updates: Shares of RailTel Corporation of India rallied over 13 per cent in Friday's intraday trade after it reported a 46.33 per cent year-on-year (Y-o-Y) rise in its profit for the fourth quarter of the previous financial year. The company's stock rose as much as 13.6 per cent during the day to ₹336.4 per share. The stock pared gains to trade 10.15 per cent lower at ₹326 apiece, compared to a 0.12 per cent decline in Nifty50 as of 12:52 PM. READ MORE

1:04 PM

Stock Market LIVE Updates: 1 PM market update - Sensex below 80,400, Nifty trades in red

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 pared early gains on Friday, amid pulled by metal, pharma and realty stocks.

 

At 1 PM, the BSE Sensex was trading with gains of 106.12 points, or 0.13 per cent, at 80,348, and the Nifty 50 was at 24,292.85, down 41.35 points or 0.17 per cent.

12:51 PM

Stock Market LIVE Updates: M&M Q4 preview: Analysts eye double digit growth in PAT, revenue; details

Stock Market LIVE Updates: Anand Mahindra-led automobile giant Mahindra & Mahindra (M&M) is set to announce its financial results for the fourth quarter of the financial year 2024-25 (FY25) on Monday, May 5, 2025. Analysts, on average, expect M&M to report robust results in Q4FY25. They expect the company's revenue to grow 19.51 per cent Year-on-Year (Y-o-Y) to ₹30,097.3 crore from ₹25,182.8 crore reported in the corresponding quarter of the previous fiscal year (Q4FY24). READ MORE

12:43 PM

Stock Market LIVE Updates: Eternal shares bounce 9% from day's low post Q4 show; is the worst over?

Stock Market LIVE Updates: Food delivery and quick commerce company Eternal, formerly known as Zomato, staged a sharp intraday recovery in its share price on the BSE on Friday, May 2, 2025. From a low of ₹220.1 per share, Eternal share price bounced back 8.8 per cent to hit a high of ₹239.5 per share. At 12 noon, Eternal shares were trading 1.8 per cent higher on the BSE compared to the stock's previous closing price, at ₹235.3 per share. READ MORE

 

12:33 PM

Stock Market LIVE Updates: Smallcap auto stock soars 12%, nears record high; what's behind the rally?

Stock Market LIVE Updates: Shares of Force Motors, a leading manufacturer of rugged and reliable vehicles, moved higher by 12 per cent to hit a fresh 52-week high of ₹9,991 on the BSE in Friday's intraday deals after the company reported a healthy operational performance in the March 2025 quarter (Q4FY25). Stock price of the smallcap automobile company surpassed its previous high of ₹9,885.05, which it had touched on May 6, 2024. It has bounced back 61 per cent from its February low of ₹6,210.55, hit on the BSE. READ MORE

 

12:23 PM

Stock Market LIVE Updates: Bitcoin breaks $96K resistance, sets sights on reclaiming $100K mark

Stock Market LIVE Updates: The crypto market is buzzing on Friday and building a strong upward momentum, with Bitcoin (BTC) and major altcoins holding above key resistance levels. The flagship currency Bitcoin, after consolidating for eight days, has finally broken out of its range. The price has surpassed the key resistance level of $96,000 and is now trading near $97,000. At 12 AM on Friday, May 2, Bitcoin was quoted trading at around $96,872.40 levels, higher by 2 per cent. READ MORE

12:10 PM

Stock Market LIVE Updates: Indus Towers shares tumble 7% as Q4 profit dips; results breakdown here

Stock Market LIVE Updates: Shares of Indus Towers fell over 7 per cent on Friday, even as the broader market rallied, after the telecom firm reported a 4 per cent year-on-year (Y-o-Y) decline in the March quarter profit. The telecom infrastructure company's stock fell as much as 7.2 per cent during the day to ₹378.65 per share. The stock pared losses to trade 5.3 per cent lower at ₹386.4 apiece, compared to a 0.25 per cent advance in Nifty50 as of 11:28 AM. The stock is currently at the lowest level since April 17 this year. READ MORE

12:00 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty lose early gains

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 pared early gains on Friday pulled by metal, pharma and consumer durable stocks. Index heavyweights such as Nestle India, Bharti Airtel and Bajaj Finserv were down by 1 per cent each.

 

At 12 PM, the BSE Sensex was trading with gains of 280.41 points, or 0.35 per cent, at 80,522.65, and the Nifty 50 was at 24,354, ahead by 19.80 points or 0.08 per cent.