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Stock Market LIVE: Nifty Jumps 170+ Points to 24,500 | Oil Stocks Lead the Rally

  • By admin
  • May 5, 2025
  • 81 Views

📈 Sensex Today | Stock Market LIVE Updates

  • 🟢 Positive Start: Indian markets opened with gains;
    • Sensex rose to 80,661.62
    • Nifty 50 opened at 24,419.50, still 1,857.85 points below its all-time high of 26,277.35
  • 🔁 Previous Session: Nifty had closed 1,930.65 points below its record high
  • 📊 Technical Outlook: Nifty attempts to break out of a 600-point range it has been stuck in over the past week
  • 🌎 Global Cue:
    • Wall Street saw its biggest winning streak in 20 years
    • Strong tech earnings and upbeat payroll data increase pressure on the US Fed for rate cuts
    • FOMC policy outcome awaited this week
  • 🏦 Earnings in Focus:
    • Banking: SBI, Kotak Mahindra Bank
    • Midcaps: Netweb Tech, CDSL, Utkarsh Small Finance, Indian Bank
    • Retail: Avenue Supermarts (DMart)
  • 🧾 Other Earnings Today:
    • DCM Shriram, CAMS, CCL Products, Prataap Snacks
    • Coforge, OneSource Specialty Pharma
  • 🔍 Stocks to Watch:
    • Metals & Auto: JSW Steel, Tata Motors
    • Banks & Finance: AU Small Finance Bank, City Union Bank
    • Healthcare & Infra: Shilpa Medicare, Concord Biotech, IRCON International

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