Business news

First deal: Sensex scored over 300 players, Nifty scored 24,437; SBI dropped by up to 2%

Indian Stock Tracking Mixed Global Leads Indian Stocks Opened at a Monday meeting (May 5, 2025) as a result of the repurchase of interest due to the purchase rights of foreign institutional investors. What is now focused on India's retaliation against terrorist strikes and its consequences. At the Open, the benchmark BSE Sensex rose 320.12 points, or 0.40%, to 80,822.11, and the Nifty50 was 24,437.20, up 90.50 points, or 0.37%.

Meanhile, High Beta Nifty Bank Index responded to its March results with key components cuts, including SBI and Kotak Mahindra Bank.

Furthermore, wider market trading is higher, while mid-cap stocks bring in profits in the last aspect.

From the Nifty50 package, the highest interest includes stocks such as Adani Port, Asian Paint, Trent, Shriram Finance and Wipro, while Laggards are Kotak Mahindra Bank, SBI, SBI, ONGC, ONGC, JSW Steel and L&T.

D Street from here will respond to India's retaliation against terrorist strikes and its consequences.

Department Performance

The sector index shows different trends, with the benefits of IT and consumer durable gauges, followed by the automotive and oil and gas index. Meanwhile, media and bank stocks witnessed sales pressure.

Stock Market Real-time Update: Green deals in sector indexes, beautiful banks, financial services, IT, media and oil and gas, while consumer durables, pharmaceuticals, metal energy and real estate

Stocks to watch today:

DMART: Shares of DMART operator Avenue Supermarts are trading, which can cut up to 3% after the company's mixed revenue in the March quarter.

SBI: Stocks of the country's leading lenders also fell 2%. In the March quarter, the company's net profit fell more than 8% per year.

Mahindra and Mahindra: The company's scripting transactions increased by 0.75% after earnings released today.

Asian market

Asian stocks were open on Monday (May 5, 2025) during public holidays in some major markets, including Japan, South Korea, Hong Kong and Mainland China. MSCI Asia's major Japanese index rose 0.45%.

The Hong Kong Stock Exchange (HKEX) was officially closed to observe Vesak Day, an important public holiday in Hong Kong and other Asian markets.

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