The benchmark indices sense and Nifty ended on Tuesday (May 6, 2025), due to the booking of profit, mainly in banking and oil stocks, and the tensions between India and Pakistan, due to investors living on the sideline, in a range-bound trade.
Flawing its two-day profit, the 30-share BSE Sensex fell by 155.77 points or 0.19%, settling at 80,641.07. During the day, it fell 315.81 points or 0.39% to 80,481.03.
NSE Nifty submerged 81.55 points or 0.33% to 24,379.60.
Analysts said the trading activity was ahead of concerns on the US Federal Reserve policy decisions and US-China trading talks.
The Union Home Ministry has directed the states and UT to organize security mock drills in light of increasing Indo-Pak tension after the Pahgam terror attack.
300 ‘Civil Defense Districts’ with sensitive installations such as nuclear plants, military bases, refineries, and hydroelectric dams will be covered by mock drills for air-butter warnings sirens, civic training and bunkers and trenches for cleaning of bunkers and trenches.
Among Sensex firms, Anant, Tata Motors, State Bank of India, Adani Ports, NTPC, IndusInd Bank, Bajaj Finance, Asian Paints, Axis Bank and Sun Pharma were the losers.
Bharti Airtel, Tata Steel, Mahindra and Mahindra, Hindustan Unilever, Nestle and Maruti were among the beneficiaries.
Also Read: Pahalgam Terror Attay Live: To review the preparation of union home secretary mock drill
“The domestic market is strengthening in recent sessions after a strong recovery by cautious spirit amidst the India-Pakistan border tension. The increase in weak income for the current quarter has further affected the market.
“In the meantime, investors are closely monitoring India’s bilateral trade talks with the US, in addition, speculation around the American Federal Reserve is attracting attention, as no rate is expected to be cut in the near period to influence global trends,” said the head of humor, geojit investments limited.
According to a monthly survey on Tuesday (May 6, 2025), the activity of India’s service sector rose to a large extent in April, inspired by a rapid increase in new orders inflows, which also reduced the rapid expansion in employment.
The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, above 58.5 in March, indicating a sharp and strong expansion in service sector production.
Siddharth Khemka, Head – Wealth Management, Motilal Oswal Financial Services Limited said, “The market volatility was further enhanced by increasing the geopolitical tension between India and Pakistan, which was connected with uncertainty around the US Federal Reserve’s upcoming interest rate decision.”
“Given further, progress on the US trade deal can provide close-term support to the markets, he said. However, the ongoing geopolitical concerns and the earnings season is likely to keep the investor’s spirit alert in the near period,” said Mr. Khemka.
The BSE Smallcap gauge fell 2.33% and the midcap index declined by 2.16%.
Among the regional indices, Realty gave tanks to 3.49%, electricity (2.64%), services (2.53%), utilities (2.36%), industrial (2%), capital goods (1.71%) and consumer durables (1.59%).
Auto and Tech were the only beneficial.
In the Asian markets, Shanghai’s SSE Composite Index and Hong Kong’s Hong Seng were higher. South Korean and Japanese markets were closed due to holidays.
Markets were doing less business in Europe. The US markets ended in a negative area on Monday (May 5, 2025).
According to exchange data, foreign institutional investors (FII) bought equity worth ₹ 497.79 crore on Monday (May 5, 2025).
Global Oil Benchmark Brent crude rose 2.76% to $ 61.85 per barrel.
The 30-Sare BSE benchmark rose to 294.85 points or 0.37% to organize 80,796.84 on Monday (May 5, 2025). The Nifty rose 114.45 points or 0.47% to 24,461.15.
Published – May 06, 2025 05:34 pm IST
