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