Stock Market Close Highlights: Sensex gains 294 pts, Nifty at 24,461; Adani shares shine, banks slip
Sensex Today | Stock Market Close Highlights: Broader indices rallied up to 1.5% each thus outperforming the benchmark indices in trade on Monday.
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Share Market Today: Adani Ports, Bajaj Finserv, Mahindra & Mahindra and Eternal were the top gainers among the Sensex shares on Monday.
Stock Market Highlights, Monday, May 05, 2025: Equity benchmark indices started the week on a positive note, backed by gains in Adani and select auto, bank shares. The BSE Sensex opened 160-odd points higher at 80,662, and climbed to the day's high of 81,049. The BSE index, thereafter, pared some gains and settled 295 points higher at 80,797. The NSE Nifty 50 index hit an intra-day high at 24,526, and eventually ended with a gain of 0.5 per cent or 114 points at 24,461. Shares of Adani group were in demand, and zoomed up to 11 per cent, on Monday amid reports of the group officials meeting Trump administrative team for closure of the US bribery case. READ MORE Adani Ports up 6.3 per cent was the top gainer among the Sensex shares. It was followed by Bajaj Finserv, Mahindra & Mahindra, Eternal, ITC, Power Grid Corporation and Tata Motors. On the flip side, Kotak Mahindra Bank declined 4.5 per cent. SBI and Axis Bank were the other visible losers. The broader indices, however, outperformed the benchmark indices on Monday. The BSE MidCap index surged 1.5 per cent, and the SmallCap gained 1.2 per cent. The overall market breadth too was fairly positive, with nearly 2,600 stocks advancing as against 1,450-odd declining shares on the BSE.
Sectorally, the BSE Oil & Gas index rose up to 2 per cent led by gains in OMC shares. The Consumer Durables, Energy and FMCG indices also advanced over 1 per cent each; while the BSE Bankex declined nearly 1 per cent.
3:57 PM
Stock Market LIVE Updates: Technical View
"Technically, after a gap up open market registered range bound activity. On daily charts it has formed small bullish candle and on intraday charts it is holding uptrend continuation formation.
We are of the view that, 24,375/80,500 would act as a key support zone for the trend following traders. Above the same, the market could move up to 24600-24675/81000-81300. On the other side, dismissal of 24,375/80,500 could trigger a quick intraday correction. Below the same, market could retest the level of 24,300-24,250/80,200-80,000.
Views by: Shrikant Chouhan, head equity research, Kotak Securities
Views by: Shrikant Chouhan, head equity research, Kotak Securities
3:50 PM
Stock Market LIVE Updates: 'Market's momentum is moderating'
"The market has sustained its positive momentum, though the level of optimism has decreased. Continued foreign inflows and record GST collections in April indicate resilience in economic activity, fostering mild hopefulness. A weak dollar and a decline in oil prices have further bolstered FII sentiment. However, the market's momentum is moderating, with action shifting from broad-based movements to stock and sector-specific trends based on results.
Over the past month, the broad market has recouped more than 50 per cent of the losses incurred during the consolidation period from September 2024 to March 2025. Q4 results to date have been sluggish, and there is a thin layer of caution due to border tensions, which could have a short-term impact on the market."
Over the past month, the broad market has recouped more than 50 per cent of the losses incurred during the consolidation period from September 2024 to March 2025. Q4 results to date have been sluggish, and there is a thin layer of caution due to border tensions, which could have a short-term impact on the market."
View by: Vinod Nair, Head of Research, Geojit Investments
3:47 PM
Stock Market LIVE Updates: Nifty Auto, FMCG outperform other sectoral indices
Stock Market LIVE Updates: All sectoral indices on the NSE, barring banking-related indices, settled higher, with gains led by Nifty Auto and Nifty FMCG, which ended higher by 1.85 per cent and 1.22 per cent, respectively.
3:43 PM
Stock Market LIVE Updates: A glance at broader market
Stock Market LIVE Updates: BSE Midcap and Smallcap indices led the gains among others.
3:37 PM
Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close
Stock Market LIVE Updates: Adani Ports, Bajaj Finserv, Mahindra & Mahindra, Eternal, and ITC were among the top gainers on Sensex.
3:36 PM
Stock Market LIVE Updates: Nifty50 advances 114 points to 24,461
Stock Market LIVE Updates: The NSE Nifty50 settled 114.45 points or 0.47 per cent higher at 24,461.15.
3:34 PM
Stock Market LIVE Updates: Sensex closes 295 pts higher at 80,797
Stock Market LIVE Updates: The BSE Sensex settled 294.85 points or 0.37 per cent higher at 80,796.84.
3:18 PM
Stock Market LIVE Updates: Ather Energy IPO GMP and listing forecast: What to expect on debut day?
Stock Market LIVE Updates: Shares of Ather Energy, which closed its initial public offering (IPO) with 1.43 times subscription, are slated to make their D-street debut on Tuesday, May 6, 2025. This would also mark the first listing in the mainline segment in the fiscal year 2025-26. Ahead of listing, the company's shares were quoted trading at around ₹328 per share, reflecting a grey market premium (GMP) of ₹7 or 2.18 per cent over the issue price of ₹321, revealed the sources tracking unofficial market activities. READ MORE
3:12 PM
Stock Market LIVE Updates: Marico shares jump 5% on solid topline growth: Here's what brokerages say
Stock Market LIVE Updates: Shares of FMCG major Marico jumped over 5 per cent to hit an intraday high of ₹735.85 on Monday after the company reported a solid topline growth in its March 2025 quarter (Q4FY25) results.
At 2:20 PM on Monday, Marico's stock was quoting at ₹721.70, up 3.43 per cent on the National Stock Exchange (NSE). In comparison, the benchmark Nifty50 index was trading at 24,456.80, up 110.10 points or 0.45 per cent. The stock moved close to its 52-week high of ₹736.90, which it touched on February 1, 2025. The fast-moving consumer goods (FMCG) company's total market capitalisation stood at ₹93,498.14 crore. READ MORE
3:02 PM
Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty maintain higher levels
Stock Market LIVE Updates: Indian benchmark equity indices are higher amid range bound trading on Monday, in the face of mixed global cues.
At 3 PM, the BSE Sensex was higher by 350.04 points, or 0.43 per cent, at 80,852.03, and the Nifty50 was at 24,470.45, higher by 123.75 points, or 0.51 per cent.
Topics : Share Market Today MARKET WRAP MARKET LIVE MARKETS TODAY share market stock market trading Markets Sensex Nifty BSE NSE equity Gift Nifty Q4 Results Mahindra & Mahindra
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First Published: May 05 2025 | 7:17 AM IST