Asian Paints

2883.2 23.40

Cipla

1518.4 -10.80

Eicher Motors

7150 24.50

Nestle India

1280.4 1.20

Grasim Inds

2745.3 -3.30

Hindalco Inds.

783.5 -16.30

Hind. Unilever

2440.1 11.70

ITC

408.25 2.80

Trent

4380.8 -8.10

Larsen & Toubro

4030 -7.40

M & M

3753.1 36.40

Reliance Industr

1551.9 2.80

Tata Consumer

1182.1 8.20

Tata Motors PVeh

362.55 2.75

Tata Steel

169.07 -3.39

Wipro

245.36 -0.90

Apollo Hospitals

7411 -12.00

Dr Reddy's Labs

1247.8 -0.80

Titan Company

3904.2 1.80

SBI

975.6 -5.95

Shriram Finance

828.6 2.00

Bharat Electron

417.5 -5.50

Kotak Mah. Bank

2107 8.30

Infosys

1549.9 13.40

Bajaj Finance

1010 -18.60

Adani Enterp.

2428.5 -17.60

Sun Pharma.Inds.

1784.2 6.80

JSW Steel

1152.5 -17.50

HDFC Bank

1002.85 -6.00

TCS

3162.9 18.10

ICICI Bank

1369.2 -13.80

Power Grid Corpn

277.8 0.60

Maruti Suzuki

16057 256.00

Axis Bank

1278.6 -6.60

HCL Technologies

1611.8 -33.60

O N G C

247 -1.05

NTPC

326.8 0.20

Coal India

378.5 -1.15

Bharti Airtel

2169 10.70

Tech Mahindra

1466.2 10.20

Jio Financial

305.5 -2.85

Adani Ports

1482.3 -8.80

HDFC Life Insur.

763 0.80

SBI Life Insuran

2022.1 -5.00

Max Healthcare

1182 13.10

UltraTech Cem.

11768 15.00

Bajaj Auto

8910 -69.50

Bajaj Finserv

2070 -25.60

Interglobe Aviat

5867.5 82.00

Eternal Ltd

303.65 -3.25

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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