Sensex Nifty Today | Stock Market Live Updates: Rattled by escalating tensions between India and Pakistan, the Indian stock market ended the week on a grim note. Both Sensex and Nifty saw steep declines on Friday, with the Sensex plunging 1.10%, while the Nifty tumbled by 1.10%. India has countered the Pakistani attack on Indian cities late last night.
Apart from that, the early Asian markets were trading in the green. On Thursday, the US stock markets closed on a lower note as US President Donald Trump announced a trade deal framework between the US and the United Kingdom. The US indices closed the session higher in a range of 0.5%-1%.
Three key factors impacting trading sentiment on Friday, May 9
- India-Pakistan tension escalates: On May 07, late at night, Indian forces intercepted Pakistani drones over key areas amid city-wide blackouts. The Air Force and Defence Ministry confirmed that three Indian military stations in Jammu, Pathankot and Udhampur were targeted, but those attacks were neutralised. India has enforced a blackout in several districts, including Pathankot, Amritsar, Jalandhar, etc.
- US-UK trade deal: Donald Trump announced a ‘historic’ trade deal with the UK on Thursday evening. It will reduce tariffs on several items and pave the way for a $10 billion Boeing purchase. The development came after weeks of upheaval following the imposition of sweeping reciprocal tariffs against nearly all imports from more than 180 nations.
- US-China tariffs: The Trump administration is likely to announce a significant reduction in tariffs on Chinese imports as American and Chinese trade officials gather in Switzerland for key negotiations, as per the media reports. The current tariffs on China of 145% could be lowered to 50%-54%. At the same time, tariffs on other Asian countries may be reduced to 25%.
Mutual fund industry’s net assets under management (AUM) stands at Rs 69.99 lakh crore for the month of April 2025, up 6.5% month-on-month, compared with the net AUM of Rs 65.75 lakh crore for the month of March 2025, according to the data provided by AMFI. However, equity mutual fund inflows dropped for the fourth straight month in April to a one-year low, falling by 3.24% to Rs 24,269 crore.
Share market today live updates: Bajaj Broking on FII approach towards Indian markets as geopolitical scenario intensifies
Foreign Institutional Investors (FIIs) typically react to geopolitical instability with caution, often shifting funds to safer assets or diversifying their portfolios. If tensions between India and Pakistan escalate, FIIs may adopt a wait-and-watch approach, reducing exposure to equities, especially in sectors sensitive to geopolitical risks such as defense and energy, said Bajaj Broking. "However, India’s strong macroeconomic fundamentals and policy measures could mitigate significant capital flight," it added.
Share market today live updates: Top gainers and losers in afternoon trade
L&T, Titan, Tata Motors, Bharat Electornics, and Hero MotoCorp were the top gainres in the weak market of Nifty 50. On the other hand, ICICI Bank, Shriram Finance, PowerGrid Corporation, Jio Financial Services, and Bajaj Finance were the major losers in the Nifty 50 during afternoon trade.
Share market today live updates: Nuvama on Bharat Forge
Bharat Forge’s standalone revenue fell 7% YoY to Rs 2,160 crore in Q4FY25. Subsidiaries’ loss stood at Rs 90.8 crore as against a loss of Rs 150 crore in Q4FY24. The company’s core business outlook is muted, which Nuvama factored in by cutting FY26 and FY27 earnings per share estimates by 2% each. The core segments, such as commercial vehicles and global construction equipment or tractors, are likely to be weak, limiting standalone revenue and EBITDA CAGRs to 7% each over FY25–27.
Read more: Bharat Forge surges 5% on rising India-Pakistan tension: Can defence orderbook fuel FY26 growth?
Share market today live updates: Bharat Forge shares up 5.5%
Bharat Forge’s share price rose 5.5% to an intra-day high of Rs 1,175 on the National Stock Exchange. The surge in the stock price of the company came after the geopolitical tensions between India and Pakistan escalated as India retaliated to Pakistan’s missile and drone attacks.
However, the company also reported its quarterly earnings for Q4FY25, which, according to the brokerage houses, were weak.
Share market today live updates: market breadth in favour of bears
Market breadth was clearly in favour of bears in Friday's trade. Out of 2,752 stocks trade on the National Stock Exchange. A mere 445 stocks advanced while 2,240, the majority of the stocks, were trading lower. Meanwhile, 67 stocks remained unchanged. To give you more context, in today's trade, just 10 stocks hit a 52-week high while 107 touched a new 52-week low. During the trade, 17 stocks were in the upper circuit while 96 stocks were in the lower circuit.
Share market today live updates: Ideaforge Tech stocks shots up 17%
The share price of IdeaForge Technology rallied as much as 18.8% to reach an intra-day high of Rs 458.80 on the National Stock Exchange. The company's shares rose as India retaliated to Pakistan's attack with drones. Also, the share price of the other drone stock, Astra Micra, was trading 4.13% higher at Rs 866.50.
On the night of May 08, Pakistan attacked Indian cities with over 50 drones, which the Indian Army successfully intercepted and neutralised
Defence stocks were firing high today as tension between India and Pakistan escalated last night. The share price of Ideaforge Technologies surged 18% while that of Premier Explosives rose 17%, and other defence stocks followed suit.
The share price of Hindustan Aeronautics was trading 1.77% higher at Rs 4,501. The stock of Bharat Dynamics was up 5.72% at Rs 1,537 while that of Paras Defence and Space Technologies was trading 6.49% higher at Rs 1,447.40.
Share market today live updates: Key gainers and losers at this hour
At this hour, Titan, L&T, Tata Motors, SBI, and Asian Paints are among the key gainers. These stocks are trading in the green, offering some support to the indices. On the flip side, notable laggards include Eternal, ICICI Bank, UltraTech Cement, NTPC, and Power Grid.
Share market today live updates: Titan share price up in weak market
Titan’s share price rose almost 5% to an intra-day high of Rs 3,525 in a weak market on the National Stock Exchange. The stock price was the top gainer in the Nifty 50. Titan surged after the company reported a growth in its quarterly net profit for Q4FY25. It posted a net profit of Rs 870 crore, an increase of 11% year-on-year in Q4FY25, compared with Rs 786 crore in the same period a year ago.
Share market today live updates: Nifty outlook
"While an overwhelming majority of Nifty 500 constituents were trading below their respective 10-day SMAs in the last few days prompting us to take a cautious stance, Nifty closed below this key MA just yesterday and for the first time since 1st April. This has set off a break down move, potentially aiming 23670-460. While we hope 24050-23930 to provide a window for Nifty to consolidate, as maintained in the last couple of days, downside momentum is more likely to prevail over recovery attempts. For the day, we expect value buyers to step in, on dips below 23550. Meanwhile 23850-24050 is likely to be a volatile region which may spark upswings, but we prefer to see above 24150 in order to confirm strength," said Anand James, Chief Market Strategist, Geojit Investments.
Share market today live updates: Nifty Realty worst hit sectoral index
The sectoral indices were trading in the red as soon as markets opened. The Nifty Realty was the significant loser among them all. It was down 1.58% to the 1,473.60 level. All the constituents of the index were trading in the red. Anant Raj led the charts, falling 4.5% to Rs 418.55 on the National Stock Exchange. It was followed by Macrotech Developers, which fell 2.8% to Rs 1,251.70.
Share market today live updates: Markets today at open
The Nifty and Sensex opened the session on a lower note as geopolitical tensions between India and Pakistan escalated. The Nifty 50 opened 256 points or 1.06% lower at 24,017.50 while the BSE Sensex opened the session 817 points or 1.02% lower at 79,517.41.
Share market today live updates: Anand James on markets ahead of opening
While an overwhelming majority of Nifty 500 constituents were trading below their respective 10-day SMAs in the last few days, prompting us to take a cautious stance, Nifty closed below this key MA just yesterday and for the first time since 1st April, said Anand James, Chief Market Strategist at Geojit Investments. This has set off a breakdown move, potentially aiming 23,670-23,460. "While we hope 24,050-23,930 to provide a window for Nifty to consolidate, as maintained in the last couple of days, downside momentum is more likely to prevail over recovery attempts," he added.
Share market today live updates: Market outlook
"Under normal circumstances, on a day like this, the market would have suffered deep cuts. But this is unlikely due to two reasons. One, the conflict, so far, has demonstrated India’s clear superiority in conventional war fare, and therefore, further escalation of the conflict will inflict huge damage to Pakistan. Two, the market is inherently resilient supported by global and domestic macros. Weak dollar and potentially weakening US and Chinese economies are good for the Indian market. The domestic macros construct is further rendered stronger by the high GDP growth expected this year and the declining interest rate environment. These are the reasons why FIIs have been on a buying spree in the Indian market during the last sixteen trading sessions," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments.
Share market today live updates: Earnings to watch today
Quarterly results from several key players across multiple sectors, including pharma, banking, FMCG, and manufacturing will be announced tody, May 9. Among the key names set to report their earnings are Dr. Reddy's Laboratories, ABB India, Bank of India, Manappuram Finance, Cholamandalam Financial Holdings, and Motherson Sumi Wiring India.
Alongside these heavyweights, other companies scheduled to announce their results include Birla Corporation, Cera Sanitaryware, Great Eastern Shipping, India Shelter Finance, Jupiter Life Line Hospitals, CE Info Systems, Navin Fluorine, Novartis India, PTC India Financial Services, and Thermax.
Share market today live updates: Key stocks to watch today
Amid rising geopolitical tensions between India and Pakistan following the Pahalgam attack, sectors such as Defence, Aviation, and Oil & Energy are in sharp focus. In addition, with the ongoing Q4 earnings announcements, several stocks are set to capture attention today. Key companies in focus include Larsen & Toubro, M&M Financial Services, Titan, Lupin, REC, Britannia, Jindal Stainless, Paytm, BPCL, IIFL Finance, and Brigade Enterprises, among others.
Read more: Stocks to watch today: From L&T, Lupin to BPCL – Here’s a list of 11 stocks in focus today
Share market today live updates: US markets closed higher
The US stock markets rose in Thursday’s session after the US and UK signed a historic trade deal to reduce tariffs. The Dow Jones Industrial Average rose 254.48 points, or 0.62%, to finish at 41,368.45. The S&P 500 gained 0.58% and settled at 5,663.94. The Nasdaq Composite advanced 1.07% to end at 17,928.14.
Foreign institutional investors (FII) were the net buyers of shares worth Rs 2,007.96 crore. Meanwhile, the Domestic institutional investors (DII) were the net sellers of shares worth Rs 596.25 crore on May 08, 2024, according to the provisional data available on the NSE.
Share market today live updates: How will Indian markets trade this morning?
The Indian markets are expected to open significantly below the closing levels yesterday. Even before closing, there was massive sell-off during the last 10 minutes of trade. Vinod Nair, Head of Research, Geojit Investments said that, "The Indian equity market experienced profit booking by the end of the trading day due to escalating tensions between India and Pakistan, marked by increased cross-border exchanges. The FOMC policy meeting provided little reassurance, as the US Fed expressed concerns that aggressive U.S. tariffs could fuel inflation and raise unemployment. However, the global market remains stable and positive. Historically, the domestic volatility is expected to neutralize as cross border issue de-escalates."
Share market today live updates:GIFT Nifty down over 200 points
The GIFT Nifty is down over 200 points. In fact at one point of time, the GIFT Nifty was down as much as 300 points. This indicates that Nifty and Sensex are set to open significantly lower. All eyes are on the Nifty and if it can hold the key 22.000 level. The Volatility Index has also seen significant spike in recent times as the tension between Pakistan and India spiked.
Share market today live updates: Geopolitical tension between India and Pakistan rises
On Thursday late at night, India retaliated to Pakistan’s unprovoked attack on its cities and military bases. The Indian forces intercepted Pakistani drones over key areas amid city-wide blackouts. The Air Force and Defence Ministry confirmed that three Indian military stations in Jammu, Pathankot and Udhampur were targeted by the Pakistani drones and missiles. The Defence Ministry confirmed that 8 missiles were targeted at Jammu city and subsequently thwarted.