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.

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

 

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."

 

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.

2:58 PM

Stock Market LIVE Updates: Why are V-Mart shares falling today? Check Q4 results, bonus shares news

Stock Market LIVE Updates: Shares of V-Mart Retail experienced a sharp decline of 9.4 per cent on the BSE today, Monday, May 5, 2025, following the release of the company's results for the quarter ended March 2025. The stock touched an intraday low of ₹3,054.25 per share. At 1:50 PM IST, V-Mart shares were trading 7 per cent lower at ₹3,132.10, contrasting with a 0.4 per cent gain in the benchmark BSE Sensex. 

 

Trading volume in V-Mart Retail surged, with approximately 5,510 shares changing hands on the BSE so far, significantly higher than the two-week average of 2,097 shares. The primary reason for this decline appears to be profit-taking by investors after the Q4FY25 results announcement. READ MORE

 

2:49 PM

Stock Market LIVE Updates: R R Kabel spurts 17% on healthy Q4 results; rebounds 60% from April low

Stock Market LIVE Updates: R R Kabel's shares experienced a significant surge of 17 per cent to ₹1,199.95 on the BSE during Monday's intraday trade, accompanied by high trading volumes. This rally was fueled by the company's strong earnings and margin improvement reported for the quarter ended March 2025 (Q4FY25). 

 

Following today's jump, the electrical cables company's stock price has rebounded by 60 per cent from its previous month's low of ₹750.50, which was also its 52-week low touched on April 7, 2025. The stock had previously reached a 52-week high of ₹1,903.30 on May 27, 2024. READ MORE

 

2:40 PM

Stock Market LIVE Updates: India's defence stocks rally on FY25 order surge, FY26 bullish outlook

Stock Market LIVE Updates: Defence stocks are experiencing a significant rally on Monday, with the Nifty India Defence index reaching unprecedented highs. Over the past week, the index has surged by approximately 7 per cent, markedly outperforming the flat movement of the Nifty 50. Its 12 per cent gain in the last month is triple the benchmark's return. This bullish trend, occurring alongside heightened India-Pakistan tensions, is supported by a robust order backlog, expectations of substantial inflows in FY26 following a record-breaking FY25, and positive export momentum. 

 

The sector concluded FY25 strongly, with the Ministry of Defence (MoD) signing a record ₹2.1 trillion worth of contracts across 193 agreements. Notably, domestic companies secured 177 of these contracts (92 per cent), valued at ₹1.6 trillion. A significant surge in orders in February and March accounted for nearly half (₹1 trillion) of FY25's total, doubling the previous record for order value. READ MORE

 

2:29 PM

Stock Market LIVE Updates: M&M gains 4% post Q4 nos; surges 22% in 4 weeks. Analysts see more upside

Stock Market LIVE Updates: Shares of Mahindra & Mahindra (M&M) rallied by 4 per cent to ₹3,043.65 on the BSE during Monday's intra-day trade, driven by the company's strong growth attributed to stellar execution. The stock has seen a significant appreciation of 22 per cent in the past four weeks and has recovered 29 per cent from its April 7th low of ₹2,360.45. 

 

M&M's share price was trading 3 per cent higher at ₹3,006.90 at 1:13 PM IST, outperforming the BSE Sensex, which was up 0.33 per cent. Trading volumes in M&M more than doubled, with a combined 2.96 million shares traded on the NSE and BSE. READ MORE

 

2:14 PM

Stock Market LIVE Updates: Adani Green, ATGL cross 100-DMA after 7 mths; trading guide in Adani stocks

Stock Market LIVE Updates: Adani group shares surged by up to 10 per cent in Monday's intra-day trade, fueled by reports of Gautam Adani's representatives meeting with US President Donald Trump's officials to potentially resolve a US bribery case. 

 

Leading the rally were Adani Total Gas, Adani Power, and Adani Green, each gaining over 10 per cent. The group's flagship, Adani Enterprises, along with Adani Ports and Adani Energy Solutions, all jumped over 8 per cent, while Adani Wilmar saw a 4 per cent increase. READ MORE