08/05/2025
Welcome to Index Option Expert News Alert !!!
📊 Market Update – May 8, 2025
Indian equity markets opened on a cautious note amid escalating geopolitical tensions and mixed global cues.
BSE Sensex: Opened at 80,910.00, up 165.56 points from the previous close.
NSE Nifty 50: Opened at 24,430.00, higher by 34.80 points.
Key Highlights:
Volatility: Markets experienced fluctuations due to rising tensions between India and Pakistan.
Top Gainers:
Tata Motors: Shares rose by 3% following positive Q4 results.
Coal India: Stock increased by 2% after reporting a 12% YoY rise in Q4 net profit.
Top Losers:
Dabur: Shares fell by 4% due to a decline in Q4 net profit.
Gensol Engineering: Stock hit a 5% lower circuit as SAT denied interim relief.
Sector Performance:
Banking Sector: The NIFTY BANK index opened at 54,801.75, showing a gain of 0.35%.
IT Sector: Mixed performance amid global uncertainties.
Global Cues:
The U.S. Federal Reserve maintained interest rates at 4.25%–4.5%, influencing global market sentiments.