Benchmark index Sensex inched up 0.13%, gaining 106 points to settle at 80,747 on May 7, while the Nifty edged higher by 0.14%, adding 34.80 points to close at 24,414.40. The currency market's response to the Indian strikes on terrorist camps in Pakistan and Pakistan-occupied Kashmir was relatively muted, with the rupee weakening by 40 paise amid low offshore trading volumes. Market observers noted that intervention by the Reserve Bank of India helped curb excessive depreciation despite speculative dollar demand from importers.
Broader markets outperformed benchmarks, with the BSE midcap index rising 1.3% and the smallcap index gaining 1%. Sector-wise, all major indices closed in positive territory except FMCG and pharma. Auto, media, realty, and consumer durables sectors each advanced about 1%, signaling selective buying interest despite the uncertainty.
Ather EnergyAther Energy shares surged 9 percent a day after their listing, driven by fresh buying in the electric two-wheeler maker. The company's market valuation rose to Rs 11,762.28 crore from Rs 11,266.90 crore.
Tata MotorsTata Motors shares rose 4.47 percent in today’s trading session as the firm experienced a surge in trading volume. The key factors for the movement are the progress in the demerger of the commercial vehicle (CV) business, and the India-UK Free Trade Agreement.
MRFMRF shares climbed 4 percent following the release of its Q4 results, which showed a 29 percent year-on-year increase in consolidated net profit to Rs 512 crore for Q4 FY25. The company also declared a final dividend of Rs 229 per share for the financial year 2025.
Indostar Capital FinanceIndostar Capital Finance saw a 3 percent increase in its stock price following a "Buy" recommendation from Motilal Oswal, which set a target price of Rs 360 for the stock. The brokerage firm expressed a positive outlook on the company's performance, citing strong growth prospects.
Federal BankFederal Bank shares rose by 2 percent in today's session after Motilal Oswal issued a "Buy" rating on the stock, with a target price of Rs 230. The brokerage firm remains bullish on the bank’s future performance, highlighting its strong fundamentals and growth potential in the financial sector.
Asian PaintsAsian Paints shares declined by 3.50 percent in today’s session ahead of its Q4 results and amid concerns over slowing urban consumption and increased competition. The stock's drop reflects investor caution in response to these challenges.
HB StockholdingsHB Stockholdings shares fell over 2 percent intraday. This fall comes after the firm reported a steep 95.06 percent year-on-year decline in consolidated net sales. The firm's EBITDA stood at Rs. 248.85 crore in March 2025, up 17.27percent from Rs. 212.21 crore in March 2024.
Craftsman AutomationCraftsman Automation shares fell by nearly 3 percent today. The comes despite the firm reporting a quarterly net profit of Rs. 66.76 crore for March 2025, reflecting a 7.11 percentage increase from Rs. 62.33 crore in March 2024. The company's EBITDA stood at Rs. 248.85 crore for March 2025, marking a 17.27 percentage rise from Rs. 212.21 crore in March 2024.
Gensol EngineeringGensol Engineering’s shares fell another 5 percent today. According to a report, the Ministry of Corporate Affairs (MCA) will probe Gensol and BluSmart. Gensol Engineering’s shares have hit the lower circuit for the 18th consecutive session, with the stock plunging by a staggering 91 percent in 2025.
DistilleryIndian distillery stocks like Radico Khaitan and Piccadily Agro sank by up to 5 percent over India-UK FTA agreement. The Indian alcoholic beverage industry expressed concern over the duty cuts which were agreed upon as part of the FTA.
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