Stock Market Live Updates: The Indian stock market closed on a weak note on Thursday after making a positive start of the trading session. The ongoing developments related to the border tensions between India and Pakistan impacted the investors sentiment on May 8.
Indian stock market opened higher on Thursday with Sensex starting the session at 80,912.34 and Nifty at 24,431.50. However, soon after, the benchmarks traded volatile. Top gainers are Tata Motors, Kotak Bank, Power Grd, and Bajaj Finserv, while stocks like Eternal, ITC, Maruti and HDFC Bank are top losers.
The performance comes after US Federal Reserve kept key rates unchanged for the third time. In the early trade, Gift Nifty traded down by 60 points. Market sentiment is also fuelled by intensifying tensions in India and Pakistan. It is being reported that Pakistan has attacked the LoC of India, targeting civilians. There were complete blackouts in the severe regions.
Stocks like , L&T, Titan, Britannia, Pidilite, Biocon, Union Bank, Bharat Forge, Canara Bank and other companies will be in focus as they are announcing their Q4 results. While other stocks like Coal India, Dabur, Niva Bupa, United Breweries, Blue Star, Sonata Software, Somany Ceramics, Asian Paints, and Bharat Forge also in focus.
Yesterday, Sensex ended at 80,746.78, higher by 105.71 points or 0.13%, while Nifty 50 closed at 24,414.40, higher by 34.80 points or 0.14%.
LIVE Feed
May 08, 2025, 3:50 pm IST
Stock Market Live: Nifty 50 Closes In Red
Stock Market Live: The persistent border tensions between India and Pakistan followed by Operation Sindoor impacted today's stock market trading session. Nifty 50 closed 0.58% lower at 24,273 points.
May 08, 2025, 3:47 pm IST
Stock Market Live: Sensex Closes 411 Points Down
Stock Market Live: Sensex closed nearly 411 points down at 80,334.81 points. Tech Mahindra, Reliance, Ultra Cement, ITC, Hindustan Unilever, Adani Ports were some of the nitable listed companies trading in red. BSE Bankex was down 151 points.
May 08, 2025, 3:45 pm IST
Stock Market Live: Market Sees Sharp Loss During The End of Trading Session
Stock Market Live: The Indian stock market witnessed a sharp sell-off during the end of the trading session on Thursday amid uncertainty due to India-Pakistan tensions post Pahalgam terror attack and missile strike.
May 08, 2025, 3:33 pm IST
Stock Market Live Updates: Sensex Closes 400 pts Lower, Nifty Below 24,300; Eternal, Mahindra, ONGC Top Losers
Stock Market Live: Escorts Kubota Net Profit At Rs 250 Crore
Stock Market Live: Escorts Kubota’s net profit surged to Rs 250.7 crore during the fourth quarter of the financial year 2024-25. The company’s revenue stood at Rs 2430.3 crore and EBITDA stood at Rs 292.2 crore. Its margin increased 12%.
May 08, 2025, 2:32 pm IST
Tata Motors Shares Soar 17% in 1 Month; Demerger, Q4 Results, and Dividend Awaited
Tata Motors shares have emerged as the top gainer on the NSE and BSE, rising over 17% in the past month, driven by a series of positive developments, including a potential India-UK Free Trade Agreement (FTA), an approved demerger of the commercial vehicle business, and upcoming Q4 FY25 results and dividend announcements. As of May 8, 2025, the stock gained over 3% intraday, following a 5% surge on Wednesday.
Coal India Share Price: Maharatna PSU Beats Sensex, Nifty, Jumps 3% After Q4
The Maharatna PSU giant, Coal India outperformed Sensex and Nifty on Thursday, May 8th, by surging nearly 3% after its healthy Q4 results. Sensex and Nifty traded flat to volatile. Coal India's overall Q4FY25 results was in-line with street estimates after muted H1FY25. For the financial year 2025-26, Coal India's volumes are expected to improve, while e-auction premium seen to be stable.
Result Update: Aptus Value Housing Finance | 4QFY25 Results Update: Strong quarter
“Aptus reported a strong PAT of INR 2.1bn (+26%/+9% YoY/QoQ) which was 6% above our estimates leading to RoA/RoE of 7.6%/20%. This was led by a) steady NII growth (+19%/+3% YoY/QoQ, -3% JMFe) as NIMs (calc.) declined -29bps QoQ, b) higher other income (+80%/+93% YoY/QoQ), and c) lower than expected opex (+21%/+11% YoY/QoQ). AUM growth remained strong at (+25%/+6% YoY/QoQ) driven by disbursements growth of (+10%/+14% YoY/QoQ). GS3/NS3 improved by ~8/6bps QoQ and PCR was sequentially flat at 25% with credit cost of ~30bps. FY26 guidance remains strong at 28-30% AUM growth, improving spreads, opex/assets of 2.6-2.7% and credit costs of 40-45bps. We believe that: a) sustained growth momentum led by branch expansion and higher ATS, b) increased focus on high yielding SBL, complementing its existing HL portfolio, c) improving operational efficiencies, and d) healthy asset quality, will continue to offer compelling return ratios going forward. We maintain BUY with a revised TP of INR 370 (valuing at an unchanged target multiple of 3.2x FY27E BVPS) in return for avg RoA/RoEs of 7%/20% over FY26E/FY27E,” commented Ajit Kumar of JM Financial Institutional Securities.
May 08, 2025, 11:12 am IST
Result Update: Bank of Baroda | 4QFY25 Result Update: Weak quarter
“Bank of Baroda (BOB) reported a weak quarter, though PAT came in ahead of estimates (+3% YoY, +4% QoQ, +17% JMFe) primarily led by non-interest income (+25% YoY, +38% QoQ). However, core performance was subdued, with NII declining (-7% YoY, -4% QoQ) as margins compressed sharply by -17bps QoQ. On business front, loan growth remained healthy (+13% YoY) while deposit growth was stable at (+11% YoY). Mgmt. guides for credit growth of 11-13% and deposit growth of 9-11% for FY26. Gross slippages/net slippages increased marginally to 1.1%/0.4% (+6/3bps QoQ) primarily led by MSME and agri sectors. Credit costs inched up to 0.53% (vs 0.38% QoQ). As liquidity conditions improve, bank's ability to protect margins while driving growth will be a crucial factor to monitor. While there is limited room for margin expansion and recoveries from previously written-off accounts have largely plateaued, current valuations at 0.7x FY27E BVPS remain attractive, offering favourable risk-reward despite the near term headwinds. We expect avg. RoA/ROE of ~1%/12.6% over FY26E/ 27E. Maintain BUY with a TP of INR 250 (valuing core bank at 0.7x FY27E BVPS),” said Ajit Kumar of JM Financial Institutional Securities Limited.
May 08, 2025, 10:39 am IST
President Trump Keeps Fed Guessing
"Fed walked on the expected lines and kept interest rates unchanged. There wasn't any major surprise element except for the fact that even the Fed is guessing what will be President Trump's next move. Fed followed a wait and watch approach and decided to see the impact of the policy measures which have been announced so far and likely to be announced going forward on inflation which remains elevated. It seems that interest rates are likely to remain steady atleast for next six months as Fed awaits for further data," said Mr. Apurva Sheth, Head of Market Perspectives and Research , SAMCO Securities.
May 08, 2025, 10:08 am IST
Market Outlook Today By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
Uncertainty regarding the extent of an expected face-saving response from Pakistan to India’s Operation Sindoor will weigh on markets. From the market perspective, it is important that the conflict should not escalate. An escalation, apart from other fall outs, will also impact India’s fiscal consolidation drive. If the MPC is to continue with rate cuts, fiscal consolidation is important.
The Fed chief Jerome Powell’s observation yesterday that “ risks of higher unemployment and higher inflation have risen” and that “ we think we can be patient “ is a clear message that the Fed chief will not accommodate President Trump’s demand for rate cuts. The Fed’s action will be data dependent. A US-UK trade deal appears likely today, and this can be seen as the beginning of trade deals between US and other countries.
In the current context of uncertainty investors may wait and watch the developments on the India-Pak tensions.
May 08, 2025, 10:06 am IST
Nifty Outlook Today By Anand James, Chief Market Strategist, Geojit Investments Limited
A break down was averted, which encouraged a quick bounce and positive close, with more than 50% of Nifty 50 constituents closing above the previous day's VWAP. But with only 20% of them pushing above previous day's high, momentum is clearly missing. A "buy on dips" approach is preferred today, but with cautious eyes on 24280, below which vulnerability is expected to set in. In the event of a sharp crack down, we expect 24050-23930 to provide a window for Nifty to consolidate and avoid a collapse to 23670-460 region. Alternatively, direct rise past 24600 would clear path for 24770-850.
May 08, 2025, 9:36 am IST
Market Live: What Is Driving Market?
As Asian equities are trading in the green mirroring overnight gains in the US markets, domestic equity indices too could see a steady positive start in the backdrop of the ongoing Indo-Pak tensions. However, the street will react to Jerome Powell's statement on higher tariffs post Fed's decisions to keep interest rates unchanged. The street will now hope for some fruitful trade discussions between the US and China when they meet this weekend. Technically, Nifty’s biggest support is seen only at 24171 mark: Prashanth Tapse, Senior VP (Research), Mehta Equities
May 08, 2025, 9:34 am IST
Market Live: Rupee Opens Higher Than Dollar
Rupee opened at 84.64 against US dollar on Thursday, compared to Wednesday's close of 84.83 per dollar.
May 08, 2025, 9:32 am IST
Market Live: Sensex Opening Bell
Sensex opened at 80,912.34 and soon touched an intraday high of 80,927.99 before correcting. At the time of writing, Sensex traded near its intraday low of 80,685.15.
May 08, 2025, 8:37 am IST
Share Market Live: Stocks In Focus On May 8
Stocks like , L&T, Titan, Britannia, Pidilite, Biocon, Union Bank, Bharat Forge, Canara Bank and other companies will be in focus as they are announcing their Q4 results. While other stocks like Coal India, Dabur, Niva Bupa, United Breweries, Blue Star, Sonata Software, Somany Ceramics, Asian Paints, and Bharat Forge also in focus.
May 08, 2025, 8:37 am IST
Market Live Updates: Sensex Technical Outlook
Sensex after opening on a weak note recovered significantly with participation from the broader markets as well to end near the 80700 zone with sentiment slightly easing out and can anticipate for further rise till 81500 levels in the coming sessions. The index would have the crucial and important support zone of 79500 level as of now which needs to be sustained and on the upside, as per Prabhudas Lilladher.
May 08, 2025, 8:36 am IST
Market Live Updates: Nifty Technical Outlook Today
Nifty, after opening on the lower side near 24220 zone recovered significantly and with high volatility witnessed during the intraday session ended marginally on the positive side, amid the border tensions looming around. The index is precariously placed maintaining the support near 24300 zone and sentiment turning into a very cautious approach, the index would have the crucial and important support zone near the 200 period MA at 24050 levels which needs to be sustained, as per Prabhudas Lilladher.