Weekly market outlook, May 5 - 9, 2025: Sensex and Nifty seem favourably placed on charts; however, key momentum oscillators are showing signs of tiring out, hence an interim dip cannot be ruled out.
Kalyan Jewellers stock has swung over 40% twice so far in 2025, and over 30% four times in the last four months. Technical chart suggests that the stock could potentially rally over 25% from here on.
The alternative scenario, however, is grimmer. The mere threat of tariffs has led to near-recessive conditions in the US and pulled down global growth
Middleweight stocks are in demand, leading the market with better returns in April's recovery
Analysts believe that pharma shares continue to see buying interest, given the inelastic demand for medicines; tariffs, if any could have minimal impact on the industry.
A total of 11 pharma and healthcare-related stocks have rallied more than 20% thus far in April on hopes of a likely softer tariff-related stance by the US President Donald Trump.
The stock reacted badly, falling 5.2 per cent to close at ₹621.85 on Monday on the BSE
In the week ahead, Sensex is likely to swing between 78,200 to 80,230 range. Nifty may test 23,400 on the downside, and can potentially rally to 24,800 on the upside; suggests technical charts.
Darkest hour is over, MFI stocks soar 15-21% as crisis turns into catalyst
Record numbers on both exchanges
Data from NSE shows that retail investors have turned net bearish in index futures for the first time in six months; while DIIs remain the most bullish among market participants.
While most brokerages have built in healthy revenue and profit delivery by the company over the next few years, the stock may not see much upside given high valuations
NFRA's domain extends to audit firms of listed companies and unlisted companies with over ₹500 crore paid up capital or ₹1,000 crore annual turnover
HUL, Nestle and Tata Consumer stocks are seen trading on a divergent note after reporting Q4 earnings; technical charts suggest these stocks can potentially rally up to 15% from present levels.
Can Fin Home's stock was quoting at ₹717.05, down 3.74 per cent on the National Stock Exchange
Tankup Engineers has set the price band in the range of ₹133-140 per equity share
Optimism from progress in trade talks with the US and expanded reciprocal tariff exemptions further fuelled investor enthusiasm
The brokerage expects the Nifty to trade at 19.5 times its estimated earnings of Rs 1,280 for FY27, compared with an earlier multiple of 18.5 times
Over the past one week, India has emerged as the top-performing major market globally
Why markets are rising today: The benchmark BSE Sensex jumped 879 points intraday to hit a high of 79,432.78 level, while the Nifty50 index gained 281 points to a high of 24,132.75