Asian Paints

2482.2 1.30

Cipla

1554 -5.00

Eicher Motors

6894.5 -33.00

Nestle India

1200.3 -3.90

Grasim Inds

2866.5 23.50

Hero Motocorp

5338.5 22.50

Hindalco Inds.

751.7 -4.25

Hind. Unilever

2574.6 -6.30

ITC

411.7 -1.40

Trent

5186 38.50

Larsen & Toubro

3691.7 23.90

M & M

3613.4 5.40

Reliance Industr

1408.9 3.60

Tata Consumer

1123.3 31.20

Tata Motors

720 6.75

Tata Steel

171.1 -0.92

Wipro

254.27 0.26

Apollo Hospitals

7903 50.50

Dr Reddy's Labs

1310.7 0.30

Titan Company

3537 -19.80

SBI

832.25 0.70

Shriram Finance

622.9 4.80

Bharat Electron

415.1 12.20

Kotak Mah. Bank

2038.6 16.90

Infosys

1515.6 4.30

Bajaj Finance

1003.8 0.55

Adani Enterp.

2397 -2.40

Sun Pharma.Inds.

1610.1 -0.40

JSW Steel

1117.1 1.90

HDFC Bank

973.45 6.60

TCS

3163.9 18.20

ICICI Bank

1424.7 3.10

Power Grid Corpn

287.15 -1.20

Maruti Suzuki

15651 78.00

IndusInd Bank

742.05 -0.20

Axis Bank

1125.1 3.90

HCL Technologies

1488.4 5.30

O N G C

235.76 0.67

NTPC

335.2 0.15

Coal India

399.55 3.75

Bharti Airtel

1939.4 -0.10

Tech Mahindra

1533.2 1.70

Adani Ports

1399 -9.20

HDFC Life Insur.

773 -1.35

SBI Life Insuran

1821.2 2.40

UltraTech Cem.

12716 138.00

Bajaj Auto

9095 22.50

Bajaj Finserv

2081.3 1.00

Eternal Ltd

325.75 -1.55

Pre-Session - Detailed News Back
Shares poised to take flight on tailwinds from global optimism
09-May-25   08:20 Hrs IST

GIFT Nifty:

GIFT Nifty May 2025 futures were trading 93.50 points higher in early trade, suggesting a strong opening for the Nifty 50.

India-Pakistan Tensions Escalate:

Amid rising tensions with Pakistan, India has ramped up security in New Delhi by deploying additional forces and intensifying police surveillance. The move follows India's successful neutralization of multiple Pakistani drone and missile attacks targeting military sites in Jammu, Pathankot, and Udhampur, along with similar threats in 15 other northern and western locations. No casualties were reported.

A major infiltration attempt along the International Border in Samba was also foiled. Meanwhile, Pakistan conducted heavy shelling along the Line of Control in Poonch, Rajouri, Uri, and Chowkibal Kupwara, resulting in property damage and the reported death of a woman in Uri. The developments come in the aftermath of the April 22 Pahalgam terror attack, which claimed 26 lives.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 2,007.96 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 596.25 crore in the Indian equity market on 8 May 2025, provisional data showed.

According to NSDL data, FPIs have bought shares worth Rs 10868.59 crore in the secondary market during May 2025 (so far). This follows their purchase of shares worth Rs 3243.03 crore in April 2024.

Global Markets:

Asian stocks posted gains on Friday as investors awaited China's trade data for April. Concerns persisted over a potential deceleration in Chinese export growth due to recently imposed U.S. tariffs. Additionally, market sentiment remained cautious amid uncertainty surrounding the outcome of scheduled trade discussions between the United States and China in Switzerland.

On Wall Street, major indices advanced after U.S. President Donald Trump outlined a preliminary trade agreement with the United Kingdom ' the first such deal since the U.S. halted its broader reciprocal tariff measures in April.

According to the initial framework, the U.S. will maintain a 10% tariff on UK imports. In return, the UK will reduce its tariff rate from 5.1% to 1.8% and offer expanded access to U.S. goods. Imports of steel and aluminum from the UK will also be exempt from the existing 25% U.S. levy.

While investors interpreted the framework as a sign of potential future trade progress, the lack of a signed agreement or detailed documentation limited market certainty. President Trump indicated that final terms are still being finalized and are expected to be formalized in the coming weeks.

The Dow Jones Industrial Average rose by 0.62%, the S&P 500 increased 0.58%, and the Nasdaq Composite climbed 1.07%.

In corporate earnings news, shares of Kenvue Inc gained 4% following better-than-expected first-quarter results. Tapestry Inc rose nearly 4% after the company raised its annual earnings outlook. Conversely, Restaurant Brands International declined slightly after reporting revenue and profit below estimates. Shares of Arm Holdings fell 6% following the release of weaker-than-expected guidance.

The number of Americans filing new applications for unemployment benefits fell more than expected last week, as initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 228,000 for the week ended May 3, the Labor Department said on Thursday.

Domestic Market:

The headline equity indices slipped into the red on Thursday, as rising geopolitical tensions and cautious global cues dampened investor sentiment. Tensions flared after Indian forces reportedly neutralised an air defence system in Lahore, keeping markets on edge. Adding to the nervousness, US Fed Chair Jerome Powell warned that persistent tariff hikes could slow economic growth and fuel long-term inflation. His comments on rising inflation and labour market risks further spooked global investors. The S&P BSE Sensex slipped 411.97 points or 0.51% to 80,334.81. The Nifty 50 index fell 140.60 points or 0.58% to 24,273.80.

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