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Market snaps 3-week gaining streak amid Indo-Pak war tensions

The Indian rupee ended lower against the US dollar as domestic currency slipped 81 to end at 85.37 per dollar on May 9 against the May 2 closing of 84.56.

Rakesh Patil | May 10, 2025 / 10:44 IST
1/9
The ongoing border tensions between India and Pakistan dragged the Indian benchmark indices by more than a percent in the week ended May 9, breaking 3-week gaining streak ignoring other positive global cues, including US-UK trade talk, US-Chine trade negotiation, ECB rate cut, FII buying and Free Trade Agreement (FTA) between UK-India.
The ongoing border tensions between India and Pakistan dragged the Indian benchmark indices by more than a percent in the week ended May 9, breaking 3-week gaining streak ignoring other positive global cues, including US-UK trade talk, US-Chine trade negotiation, ECB rate cut, FII buying and Free Trade Agreement (FTA) between UK-India.
2/9
For the week, the BSE Sensex index declined 1,047.52 points or 1.3 percent to close at 79,454.47, and Nifty50 shed 338.7 points or 1.4 percent to close at 24,008.
For the week, the BSE Sensex index declined 1,047.52 points or 1.3 percent to close at 79,454.47, and Nifty50 shed 338.7 points or 1.4 percent to close at 24,008.
3/9
The BSE Large-cap Index declined 1.5 percent dragged by Bank Of Baroda, Adani Energy Solutions, REC, DLF, Indian Overseas Bank, while gainers were Tata Motors, Polycab India, Titan Company, Samvardhana Motherson International.
The BSE Large-cap Index declined 1.5 percent dragged by Bank Of Baroda, Adani Energy Solutions, REC, DLF, Indian Overseas Bank, while gainers were Tata Motors, Polycab India, Titan Company, Samvardhana Motherson International.
4/9
The BSE Small-cap index shed 1.3 percent with KSolves India, Gensol Engineering, KR Rail Engineering, Jindal Saw, Century Enka, Nacl Industries falling between 15-27 percent, while Timex Group India, KPR Mill, Faze Three, Transpek Industry, Ideaforge Technology, R R Kabel, CCL Products India, S P Apparels rising between 20-36 percent.
The BSE Small-cap index shed 1.3 percent with KSolves India, Gensol Engineering, KR Rail Engineering, Jindal Saw, Century Enka, Nacl Industries falling between 15-27 percent, while Timex Group India, KPR Mill, Faze Three, Transpek Industry, Ideaforge Technology, R R Kabel, CCL Products India, S P Apparels rising between 20-36 percent.
5/9
BSE Mid-cap Index fell 1.4 percent dragged by Godrej Properties, Indian Hotels Company, NHPC, Rail Vikas Nigam, Torrent Power, Oracle Financial Services Software, General Insurance Corporation of India, Dixon Technologies, Central Bank of India. However, gainers were Yes Bank, Endurance Technologies, Zee Entertainment Enterprises, Aarti Industries, Bharat Forge.
BSE Mid-cap Index fell 1.4 percent dragged by Godrej Properties, Indian Hotels Company, NHPC, Rail Vikas Nigam, Torrent Power, Oracle Financial Services Software, General Insurance Corporation of India, Dixon Technologies, Central Bank of India. However, gainers were Yes Bank, Endurance Technologies, Zee Entertainment Enterprises, Aarti Industries, Bharat Forge.
6/9
Among sectors, Nifty Realty index plunged 6.5 percent, Nifty PSU Bank index shed 4.4 percent, Nifty Bank, Pharma, Energy, Oil & Gas down more than 2 percent each. On the other hand, Nifty Auto and Media rose more than 1 percent each.
Among sectors, Nifty Realty index plunged 6.5 percent, Nifty PSU Bank index shed 4.4 percent, Nifty Bank, Pharma, Energy, Oil & Gas down more than 2 percent each. On the other hand, Nifty Auto and Media rose more than 1 percent each.
7/9
In this week, Reliance Industries lost the most in terms of market value, followed by ICICI Bank, HDFC Bank, Sun Pharmaceutical Industries. On the other hand, Tata Motors, Larsen & Toubro, Titan Company added the most of their market-cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the soles beneficiary.)
In this week, Reliance Industries lost the most in terms of market value, followed by ICICI Bank, HDFC Bank, Sun Pharmaceutical Industries. On the other hand, Tata Motors, Larsen & Toubro, Titan Company added the most of their market-cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the soles beneficiary.)
8/9
The Foreign Institutional Investors (FIIs) remained net buyers in the fourth consecutive week as they bought equities worth Rs 5,087.42 crore, while Domestic Institutional Investors (DII) bought equities worth Rs 10,450.96 crore.
The Foreign Institutional Investors (FIIs) remained net buyers in the fourth consecutive week as they bought equities worth Rs 5,087.42 crore, while Domestic Institutional Investors (DII) bought equities worth Rs 10,450.96 crore.
9/9
The Indian rupee ended lower against the US dollar as domestic currency slipped 81 to end at 85.37 per dollar on May 9 against the May 2 closing of 84.56.
The Indian rupee ended lower against the US dollar as domestic currency slipped 81 to end at 85.37 per dollar on May 9 against the May 2 closing of 84.56.

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