Stock Market Close Highlights: Sensex, Nifty settle higher after Operation Sindoor; SMIDs up 1%

Sensex Today | Stock Market Close Highlights: The broader markets outperformed benchmark indices as the BSE Midcap index gained 1.36 per cent and BSE Smallcap rose 1.16 per cent

4:36 PM

Stock Market LIVE Updates: Fundamental View

Stock Market LIVE Updates: Indian equity markets exhibited strong resilience amid recent Indo-Pak border tensions, the measured market response indicated that geopolitical risks were largely priced in and expectations of de-escalation is prevailing among investors. At the same time, the progress on the India–UK FTA further buoyed investor optimism, driving gains in key sectors such as textiles, automobiles, and information technology. Globally, investor sentiment has improved as the United States and China signal a willingness to resume trade negotiations. Meanwhile, China’s recent interest rate cut contributed to a broadly positive tone across Asian markets. Market focus will shift to FOMC meeting, though rate cut appears unlikely, but FED comments will be keenly watched.

 

View by Vinod Nair, head of research at Geojit Investments 

4:00 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The index continues to consolidate within a narrow range, having failed to move past the 61.80% retracement level of the previous decline from the all-time high of 26,277 to the recent low of 21,743. This consolidation may persist in the near term, as the index appears to be in no hurry to make a decisive move beyond the 24,000–24,550 range. A decisive breakout above 24,550 could potentially trigger a rally toward higher levels. On the downside, immediate support is placed at 24,200; a break below this level may extend the correction toward 24,000.

View by Rupak De, senior technical analyst, LKP Securities. 

3:37 PM

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

Stock Market LIVE Updates: BSE Midcap and Smallcap ended over 1 per cent higher. 

3:35 PM

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

Stock Market LIVE Updates: Tata Motors, Bajaj Finance, Eternal were among the top gainers on Sensex. 

3:34 PM

Stock Market LIVE Updates: Sensex settles at 80,746.78, up 106 pts

Stock Market LIVE Updates: BSE Sensex closed at 80,746.78, up 105.71 points or 0.13 per cent. 

3:33 PM

Stock Market LIVE Updates: Nifty50 closes at 24,414.4, up 35 pts

Stock Market LIVE Updates: NSE Nifty50 closed at 24,414.40, up 34.8 points or 0.14 per cent. 

3:25 PM

Stock Market LIVE Updates: Mahanagar Gas shares gain 3% after Q4 results; check details here

Stock Market LIVE Updates: Shares of natural gas distribution company Mahanagar Gas (MGL) rose over 3 per cent to hit an intraday high of ₹1423.40 on Wednesday after the company's March 2025 quarter (Q4 FY25) came in line with the market expectations. 

 

At 2:00 PM on Monday, Mahanagar's stockwas quoting at ₹1,404.90, up 2.03 per cent on the National Stock Exchange (NSE). In comparison, the benchmark Nifty50 index was trading at 24,368.65, down 10.95 points or 0.04 per cent. Read more

3:20 PM

Stock Market LIVE Updates: Sapphire Foods India shares decline 5% post Q4FY25 results; details here

Stock Market LIVE Updates: Shares of food chain operator Sapphire Foods India dropped 5.03 per cent to ₹299 per share on the NSE during intraday trade on Wednesday, May 7, 2025.

 

The fall in the company’s share price came after it announced its financial results for the fourth quarter of 2024–25 (Q4FY25). Read more 

3:11 PM

Stock Market LIVE Updates: MRF shares surge 5% after Q4 results; Tyre maker's profit rises 31%

Stock Market LIVE Updates: Shares of MRF surged nearly 5 per cent after the company reported a 31 per cent year-on-year (Y-o-Y) increase in its profit in the January to March quarter of the previous financial year. 

 

The tyre maker's stock rose as much as 4.8 per cent during the day to ₹1,41,500 per share, to the highest level since October last year. The stock pared gains to trade 4 per cent higher at ₹1,40,355 apiece, compared to a 0.15 per cent advance in Nifty 50 as of 2:11 PM. Read more

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade flat

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading with minor cuts on Wednesday, after India's strike on terror camps in Pakistan and Pakistan occupied Kashmir.

At 3 PM, the BSE Sensex was lower by 62.01 points, or 0.08 per cent, at 80,703.08, and the Nifty50 was at 24,409.30, lower by 29.70 points or 0.12 per cent.

 

2:59 PM

Stock Market LIVE Updates: Auto index surged 16% in 1 month; What's fuelled the index's rally?

Stock Market LIVE Updates: Following the announcement of its Q4 results and dividend, shares of Hindustan Petroleum Corporation (HPCL) rose by 2 percent in trading, reaching an intraday high of ₹405 per share on the BSE.

 

As of 11:51 AM IST in Delhi, HPCL's shares were trading at ₹402.05 per share on the BSE, up by 1.3 percent. This contrasted with the broader market, where the BSE Sensex was down by 0.06 percent at 80,589.96. HPCL's market capitalisation stood at ₹85,549.10 crore. The stock's 52-week range has been between a high of ₹457.20 per share and a low of ₹287.55 per share. READ MORE

 

2:49 PM

Stock Market LIVE Updates: KEI Industries shares up 5% after Q4 results; earnings analysis here

Stock Market LIVE Updates: Following a robust 34 per cent increase in net profit for the fourth quarter of the previous fiscal year (FY25), shares of KEI Industries experienced a surge of over 5 per cent during Wednesday's intraday trading session.

The company's stock price climbed by as much as 5.04 per cent during the day, reaching ₹3,354 per share. While it later slightly pared these gains, the stock was still trading 4.4 per cent higher at ₹3,335 apiece as of 12:02 PM, contrasting with a marginal 0.08 per cent dip in the Nifty 50 index.
 

KEI Industries' stock has shown a strong recovery, rebounding by approximately 37 per cent from its early April low of ₹2,424. READ MORE

2:36 PM

Stock Market LIVE Updates: Srigee DLM IPO closes today; subscription rises to 107x, GMP at 30%

Stock Market LIVE Updates: Today, May 7, 2025, marks the final day for investors to subscribe to the initial public offering (IPO) of Srigee DLM. The IPO, which commenced on Monday, May 5, 2025, has garnered strong interest from investors. As of 11:53 AM today, Wednesday, May 7, 2025, data from the BSE indicates that the issue has been oversubscribed by more than 94.74 times.

The subscription figures reveal particularly strong demand from non-institutional investors (NIIs), who bid for over 225.92 times their allocated portion. Retail investors also showed significant interest, subscribing 99.71 times the reserved quota. The qualified institutional buyers' (QIBs) portion was subscribed 1.52 times. READ MORE

 

2:28 PM

Stock Market LIVE Updates: Liquor stock in focus: Radico, United Spirits down up to 9% from day's high

Stock Market LIVE Updates: Following the signing of the free trade agreement (FTA) between India and the UK, shares of brewery and distillery companies experienced a decline of up to 5 per cent from their intraday peaks, as analysts anticipate a neutral impact from the agreement on the sector.

 

Among individual stocks, Radico Khaitan saw a 5 per cent drop to ₹2,445 on the BSE during Wednesday's intraday trading. The stock has fallen 9 per cent from its intraday high, despite having earlier rallied 5 per cent to reach a 52-week high of ₹2,666. As of 12:22 PM, it was trading 4 per cent lower at ₹2,439.10. READ MORE

 

2:21 PM

Stock Market LIVE Updates: NSE, BSE restrict website access for overseas users amid cyber risks

Stock Market LIVE Updates: India's leading stock exchanges, the National Stock Exchange (NSE) and BSE Ltd, have temporarily limited website access for users located outside of India, according to three sources with knowledge of the matter.

 

These sources clarified that this restriction does not affect the ability of overseas investors to trade in the Indian markets.

One of the sources, who wished to remain anonymous due to the confidential nature of the information, stated that the decision followed a joint meeting of the exchanges on Tuesday where cybersecurity threats were a topic of discussion. When contacted by Reuters, a BSE spokesperson also alluded to cyber threats but did not specify whether the exchange had recently experienced one. READ MORE

 

2:13 PM

Stock Market LIVE Updates: 5 stocks that look good on charts amid market volatility; check list here

Stock Market LIVE Updates: Heightened concerns regarding a potential escalation of conflict between India and Pakistan are expected to inject significant volatility into equity markets in the near term. Additionally, the outcome of the upcoming US Federal Reserve meeting and the trading activity of Foreign Institutional Investors (FIIs) could further influence market sentiment.

Against this backdrop, here are five mid-cap and small-cap stocks that appear favorably positioned based on technical analysis:

Glenmark Pharma Current Price: ₹ 1,408
 

Glenmark Pharma's stock is anticipated to maintain a positive trading bias as long as it remains above the ₹ 1,360 level. READ MORE

 

2:02 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade flat

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading with minor cuts on Wednesday, after India's strike on terror camps in Pakistan and Pakistan occupied Kashmir.

 

At 2 PM, the BSE Sensex was lower by 35.60 points, or 0.04 per cent, at 80,605.47, and the Nifty50 was at 24,372.10, lower by 7.50 points or 0.03 per cent.

1:59 PM

Stock Market LIVE Updates: Swiggy Q4 results preview: Will losses widen? Here's what brokerages expect

Stock Market LIVE Updates: Ahead of its official announcement on Friday, May 9, a preview of Swiggy's financial performance for the fourth quarter ending March 31, 2025, indicates a likely increase in net losses for the food delivery platform. 

 

Brokerages surveyed by Business Standard anticipate Swiggy's net loss to widen to an average of ₹967.7 crore in Q4FY25, compared to a net loss of ₹548.1 crore in the same period last year. Notably, Swiggy reported a net loss of ₹800.53 crore in the preceding third quarter of FY25. READ MORE

 

1:49 PM

Stock Market LIVE Updates: Piramal Enterprises shares zoom 7% after Q4 results; details here

Stock Market LIVE Updates: Despite reporting a 25 per cent year-over-year decline in consolidated profit for the March quarter, shares of Piramal Enterprises surged by over 7 per cent during Wednesday's intraday trading session.

 

The company's stock price climbed as much as 7.61 per cent during the day, reaching ₹1,036.1 per share. Although it later slightly pared these gains, the stock was still trading 7 per cent higher at ₹1,031 apiece as of 11:15 AM, contrasting with a marginal 0.01 per cent dip in the Nifty 50 index. READ MORE

 

1:39 PM

Stock Market LIVE Updates: Manoj Jewellers IPO Day 3 update: Subscription lags at 77%, GMP flat

Stock Market LIVE Updates: Today, Wednesday, May 7, 2025, marks the final day for public subscription to the three-day initial public offering (IPO). This SME offering has seen a modest response from investors, achieving approximately 77 percent subscription by around 11:29 AM on Wednesday.

 

The Manoj Jewellers IPO consists entirely of a fresh issue of 3 million equity shares, totaling ₹16.20 crore, and does not include any offer for sale (OFS) component.

The IPO price is set at ₹54 per share, with a minimum lot size of 2,000 shares. Investors are required to bid for a minimum of 2,000 shares and in multiples thereafter, resulting in a minimum investment of ₹1,08,000. READ MORE

 

1:29 PM

Stock Market LIVE Updates: How can retail investors make money in the current markets?

Stock Market LIVE Updates: Amidst ongoing geopolitical uncertainties and concerns about a potential tariff war, foreign investment has begun to gradually return.

In an email interview with Business Standard, Anirudh Garg, a partner and fund manager at Invasset PMS, stated that the continuation of these inflows will hinge on the stabilisation of global conditions, the easing of valuations, and the comparative appeal of India's economic growth. READ MORE

 

1:18 PM

Stock Market LIVE Updates: Mid-, Small-Cap stocks outperform; Welspun, BSE shine; check other gainers

Stock Market LIVE Updates: Bucking the trend of a largely stable market on Wednesday, May 7, shares of mid- and small-cap companies showed strong outperformance. After an initial dip of nearly 1.5 per cent, both the Smallcap and Midcap indices reversed course and were trading with gains exceeding 1 per cent each.

 

The Nifty MidCap100 index rebounded by 2.87 per cent from its intraday low to reach 54,242.4, while the Nifty SmallCap250 index surged by 2.71 per cent from its day's low to an intraday high of 16,373.6 levels by Wednesday afternoon. READ MORE

 

1:08 PM

Stock Market LIVE Updates: Angel One shares gain 3% after posting monthly business update; Details

Stock Market LIVE Updates: Shares of Angel One gained 3 per cent in trade, logging an intraday high at ₹2,366.45 per share on BSE. The upmove in the stock came after the company posted its business update for April.  

 

Angel One's client base increased 37 per cent year-on-year (Y-o-Y) to 31.48 million as compared to 22.99 million. Its average client funding book also rose 86.7 per cent to ₹3,912 crore in April as compared to ₹2,096 crore a year ago. READ MORE

1:00 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty trade flat

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading range bound on Wednesday, after India's strike on terror camps in Pakistan and Pakistan occupied Kashmir.

 

At 1 PM, the BSE Sensex was higher by 9 points, or 0.01 per cent, at 80,631, and the Nifty50 was at 24,384, up by 7.3 points or 0.03 per cent.

 

12:56 PM

Stock Market LIVE Updates: KEI Industries shares up 5% after Q4 results; earnings analysis here

Stock Market LIVE Updates: Shares of KEI Industries rose over 5 per cent on Wednesday's intraday session after it reported a 34 per cent jump in its net profit for the fourth quarter of the previous financial year (FY25). KEI Industries reported a 34.46 per cent rise in net profit to ₹226.55 crore for the quarter ended March 2025, compared to ₹168.49 crore in the corresponding quarter of the previous year. Revenue for the quarter grew 25.11 per cent to ₹2,914.79 crore, up from ₹2,329.86 crore in the March 2024 quarter. READ MORE

 

12:45 PM

Stock Market LIVE Updates: How can retail investors make money in the current markets?

Stock Market LIVE Updates: Foreign flows have started to trickle in amid geopolitical uncertainties and tariff war fears. ANIRUDH GARG, partner and fund manager at Invasset PMS, tells Sai Aravindh in an email interview that sustaining these inflows will depend on stabilising global conditions, easing valuations, and the relative attractiveness of Indian growth. READ MORE

 

12:37 PM

Stock Market LIVE Updates: Medical device company share price zooms 47% in 1 month. Do you own?

Stock Market LIVE Updates: Poly Medicure, a prominent medical device company with a strong presence in the Indian medical consumables sector, saw its shares climb by 5 per cent to ₹2,922 on the BSE during Wednesday's intraday trading. This surge followed the company's announcement of robust financial results for the quarter ending March 2025 (Q4FY25).

The company's stock price is currently at its highest point in the 2025 calendar year. It previously reached a 52-week peak of ₹3,350 on November 1, 2024. Over the past month, Poly Medicure's stock has experienced a significant rally of 47 per cent, substantially outperforming the 2.6 per cent gain in the BSE Sensex over the same period. READ MORE

 

12:23 PM

Stock Market LIVE Updates: Tata Motors shares vroom 4% in trade today; here's what driving surge

Stock Market LIVE Updates: Tata Motors' shares saw a 4.2 per cent increase in trading, reaching an intraday high of ₹675.45 per share on the BSE. This upward momentum followed shareholder approval for the separation of the company's passenger and commercial vehicle businesses into distinct listed entities. 

Additionally, the recently announced UK-India Free Trade Agreement, which includes a significant reduction of 90 percent on tariffs for British goods like automobiles, further fueled investor interest.
 

As of 11:07 AM IST in Delhi, Tata Motors' shares were trading at ₹669.65 per share on the BSE, up by 3.37 percent. This was in contrast to the broader market, where the BSE Sensex was down by 0.10 percent at 80,556.67. READ MORE

 

12:09 PM

Stock Market LIVE Updates: Arunaya Organics makes negative market debut; shares list at 48% discount

Stock Market LIVE Updates: Shares of dyes manufacturer Arunaya Organics had a weak opening on the NSE SME platform today, May 7. The stock listed at ₹30.10 per share on the NSE, a significant discount of ₹28.90, or 48 percent, compared to its issue price of ₹58 per share.

 

This listing price fell considerably short of grey market expectations. Prior to the listing, sources monitoring unofficial market activity indicated that Arunaya Organics' unlisted shares were trading flat at ₹58 per share, which was the upper end of the IPO price band. READ MORE

 

12:02 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading lower on Wednesday, after India's strike on terror camps in Pakistan and Pakistan occupied Kashmir.

At 12 PM, the BSE Sensex was lower by 99.74 points, or 0.12 per cent, at 80,541.33, and the Nifty50 was at 24,355.95, lower by 23.65 points or 0.10 per cent.