Sensex Nifty Today | Stock Market Highlights: The Indian stock market ended today’s session on a flat note, with the Sensex closing near the 80,800 mark, while the Nifty finished just above 24,200 after India launched “Operation Sindoor,” targeting nine terror camps across Pakistan in response to the deadly April 22 Pahalgam attack that claimed 26 lives.
The Foreign Secretary in a special briefing reiterated that India’s strike under Operation Sindoor is targetted at “destroying terror infrastructure in Pakistan.”
Apart from that, the early Asian markets were trading in the green. On Tuesday, the US stock markets closed on a lower note as US President Donald Trump gave shaky commentary regarding global trade. The US indices closed the session lower in a range of 0.77%-0.95%.
Here are key factors markets are looking at this hour-
- India’s Operation Sindoor: The Indian armed forces carried out missile attacks on nine terror targets in Pakistan. The attacks were in response to the Pahalgam terror attack that claimed 26 lives on April 22. Following this, Pakistan has been doing heavy shelling along the LoC.
- Civil mock drill in India: The Indian government had asked the states to conduct mock drills on May 07 to evaluate civil defence preparedness. It has decided to organise the Civil Defence Exercise and Rehearsal across the 244 categorised Civil Defence Districts of the country.
- US futures trade higher: The futures contract tied to the US indices were trading on a higher note on Tuesday. They surged after US Treasury Secretary Scott Bessent and top trade official Jamieson Greer would meet with their Chinese counterparts this week in Switzerland. Following this, the Dow Jones futures jumped 280 points.
Share market today live updates: Key laggards in the Sensex 30 pack
Minutes before the closing bell, the Sensex showed some pressure as several heavyweight stocks weighed down the index. Reliance, which has been a market leader, slipped by 0.76%, trading at Rs 1,409.75. ITC followed suit, declining by 1.01%, reaching Rs 431.25. HCL Technologies saw a dip of 1.06%, priced at Rs 1,562.30, while Sun Pharma dropped 2.02%, trading at Rs 1,782.00. Asian Paints, one of the largest paint companies, suffered the sharpest fall, down 3.18%, with its shares at Rs 2,341.15.
Share market today live updates: Market breadth remained neutral
The market breadth is on a neutral side. Out of 2,769 stocks traded on the NSE, 1,349 advanced in Wednesday's trade and 1,335 stocks declined. However, in the volatile market, 85 stocks remained unchanged. There were 23 stocks that hit a 52-week high while 91 touched a new 52-week low. In the NSE, 35 stocks were locked in the upper circuit; on the other hand, 104 were in the lower circuit.
Share market today live updates: Key gainers at this hour
Despite a cautious start following India’s precise military operation across the border, the Sensex managed to hold firm, buoyed by gains in heavyweight stocks. At this hour, the top gainers in the Sensex 30 pack are led by Tata Motors, which jumped 4.82%, emerging as the day’s standout performer. Titan also added shine to the Tata portfolio, rising 1.59%, while Tata Steel chipped in with a 1.25% uptick. Lending support from the financial space, Bajaj Finance climbed 1.50%. Power Grid and Adani Ports both edged up by 0.83% each.
Share market today live updates: Nifty Auto top gainer among sectoral indices
The sectoral index Nifty Auto is on a winning spree in the volatile market. The index was up 0.97% at the 22,959.05 level. Most of the constituents of the Nifty Auto were trading in the green. Tata Motors was the top gainer in the index. It rose 3.8% to quote at Rs 672.90 on the National Stock Exchange. It was followed by Bharat Forge, which increased by 3.34% to Rs 1,123.60. Samvardhan Motherson surged 2.52% to Rs 138.88. The list of auto stocks tells that Bajaj Auto, Eicher Motors, and MRF were the only stocks to trade in the red.
Share market today live updates: Broader markets performance
Within the intraday trading hours on Wednesday, the broader markets saw an uptick. The BSE MidCap index jumped by over 425 points to hit 42,817, while the BSE SmallCap index gained more than 326 points, reaching 47,161.
Share market today live updates: Tata Motors up 4%
Tata Motors raced ahead on the stock market on Wednesday, with its shares jumping nearly 4% to become the top gainer on the Nifty 50. The rally came after the company received shareholder support for its long-awaited plan to split its business. According to an exchange filing, a staggering 99.99% of shareholders voted in favour of the proposal to carve out the commercial vehicle division into a separate listed company.
With the demerger now greenlit, the company is set to operate as two distinct entities, one focused on commercial vehicles and the other on passenger cars, including the luxury Jaguar Land Rover brand.
Read more: 99.9995% say Yes: Tata Motors up 4% as demerger gets the green light, India-UK FTA lift JLR hopes
Share market today live updates: Pakistan's key index opens 5.78% lower
Pakistan's benchmark share index opens 5.78% lower after India launched air strikes on 9 terror camps in Pakistan. Islamabad said eight people had died in the strikes targeting six locations. India said the action was a response to the terror attack in Pahalgam that claimed the lives of 26 people on April 22.
"A bearish candle on daily charts and a lower top formation on intraday charts indicate further weakness from the current levels. We are of the view that as long as the market is trading below 24500/81000, the weak sentiment is likely to continue. On the lower side, the market could retest the level of 24,200/80,000," said Shrikant Chouhan, Head Equity Research, Kotak Securities.
"Further downside may also continue, which could drag the index down to 24,000-23,800/79,400-78,800. On the other side, a dismissal of 24,500/81,000 could push the market up to 24,625/81,400. The current market texture is non-directional; hence, level-based trading would be the ideal strategy for day traders," he added.
Share market today live updates: Nifty Realty sees major cuts
The sectoral index Nifty Realty falls 1.21% to 845.25. The index was the major loser among the other sectoral indices. The share price of Sobha fell 2.6% to quote at Rs 1,229.70 on the National Stock Exchange. It was followed by The Phoenix Mills and Anant Raj. Most of the constituents were trading in the red.
Share market today live updates: Top movers and laggards in Sensex 30, Tata Motors leads the pack
In the Sensex 30 pack at this hour, Tata Motors is the top gainer with a rise of 2.81%, riding high on its demerger approval and trade deal tailwinds. It is followed by ICICI Bank and Power Grid, up 0.44% and 0.42% respectively. Bajaj Finance and Axis Bank also saw modest gains of 0.38% and 0.37%, respectively.
On the losing side, Asian Paints led the decline with a drop of 1.81%, followed by NTPC and Larsen & Toubro, which slipped 1.38% and 1.10% respectively. Titan and HCL Tech also registered losses of over 1%.
The sectoral index Nifty PSU Bank is sharply higher in Wednesday's trade. The index was trading 1.10% higher at the 6,303.90 level. Most of the constituents of the index were trading higher. Union Bank was the top gainer in the index, rising 2.47%. It was followed by Punjab National Bank and Canara Bank, which were up 2.16% and 1.68% respectively.
Share market today live updates: India’s MoD and MEA to address Operation Sindoor
In a move following India’s precision strikes across the border, a joint press briefing has been scheduled for 10:00 AM today, May 7, at the Media Centre, Press Information Bureau (PIB), Shastri Bhawan, New Delhi. The Ministry of Defence (MoD) and Ministry of External Affairs (MEA) will come together to address the media in the wake of “Operation Sindoor”, a targeted operation against nine terror camps in Pakistan and Pakistan-occupied Kashmir.
The strikes, which were launched in response to the brutal April 22 Pahalgam attack that killed 26 people, mark a calibrated and non-escalatory retaliation by India.
Share market today live updates: Geojit investments on markets recovering sharply
"What stands out in 'Operation Sindoor' from the market perspective is its focused and non-escalatory nature. We have to wait and watch how the enemy reacts to these precision strikes by India. The market is unlikely to be impacted by the retaliatory strike by India since that was known and discounted by the market," said VK Vijayakumar, Chief Investment Strategist at Geojit Investments.
Share market today live updates: Markets shrug off Indo-Pak tensions
The Indian equity markets have sharply recovered as it opened in the deep red. The Nifty was trading on a flat note at 24,379 while the Sensex was down a mere 0.03% at 80,614. The banking index Nifty Bank surged 208 points or 0.38% to trade at 54,479.80 while the Nifty Midcap was up 317 points or 0.59%, trading at 53,753.
Share market today live updates: Mehta Equities on markets ahead of opening
"Markets now hinge on three catalysts: further military action, global tariff progress, and the US Fed’s policy decision on May 7. Nifty remains volatile with key support at 24,171. Traders should consider selling Nifty near 24,500–24,550 and Bank Nifty near 54,600–54,900," said Prashanth Tapse, Senior Vice President of Research at Mehta Equities.
Share market today live updates: Markets to open gap-down suggests pre-open session
The pre-open session indicates that the Nifty 50 might open 0.60% or 146 points lower at 24,233.40, while the BSE Sensex might open 692 points or 0.86% lower at 79,948.80, breaching the key level of 80,000.
Share market today live updates: Gold and silver rates today
"Gold and silver posted a sharp recovery for the second straight session, where both precious metals surging more than 2.5% on Tuesday. But today morning international gold prices dipped below $3,380/oz following reports of upcoming U.S.-China trade talks, which eased safe-haven demand. However, strong domestic buying and short-covering helped MCX prices outperform." said Rahul Kalantri, VP Commodities, Mehta Equities Ltd.
"The U.S. dollar index also firmed above 99.5, ahead of the Federal Reserve's policy announcement, limiting gold upside. Investors are watching Fed Chair Powell’s statement closely for rate clues amid political pressure to loosen monetary policy, which may shape gold’s near-term trend. Gold has support at $3335-3310 while resistance at $3400-3422. Silver has support at $32.65-32.40 while resistance is at $33.30-33.55. In INR gold has support at Rs 96,650-95,980 while resistance at Rs 97,950-98,390. Sliver has support at Rs 95,580-94,750 while resistance at Rs 97,350-97,950," he added.
Share market today live updates: Operation Sindoor - Geopolitical tensions impact market sentiment
Market participants are treading cautiously as geopolitical tensions flare up following India’s launch of Operation Sindoor, which reportedly targeted nine terror camps across Pakistan and Pakistan-occupied Kashmir. With tensions mounting at the border, investors are closely monitoring the situation for further escalation.
Commenting on the market implications, market expert Ajay Bagga said, “The geopolitical risk that was hanging over the Indian markets has got crystallised today with the Indian strikes on POK and Pakistan based terror camps. Indian markets will open with a negative gap as we saw when the Uri and Balakot strike news was announced. The future impact on the market will depend on whether this strike remains contained to today or if it expands. Geopolitical risk remains elevated and we could see some more selling in the Indian markets.”
Read more: How will Operation Sindoor impact market sentiment? Experts say geopolitical risk elevated
Share market today live updates: Key Nifty levels to watch now
For investors, uncertainty is the biggest enemy and the latest geopolitical tensions have only added fuel to that fire. As the Nifty wobbles, the spotlight is now on the crucial 24,000 mark. Will it hold firm?
According to analysts, while a sharp reversal is not expected, the index may pause for breath before charting its next course.
“We had lowered our upside target yesterday, in light of the distribution signals and loss in upside momentum. While yesterday’s slippage was held near 24400-350 region, our downside marker, only 23.8% of Nifty 500 stocks are now above their 10 day SMAs, pointing to a turn in trend in the broader market, exposing 23670-23460 on the Nifty. In the event of a sharp crack down, we expect 23,930 -24,050 to provide a window for Nifty to consolidate. Alternatively, if dips do not extend past 24280, expect a quick recovery swing higher,” said Chief Market Strategist, Geojit Investments Limited.
Read more: Will Nifty hold 24,000 as India launches Operation Sindoor?
Share market today live updates: Paytm's loss narrows in Q4
One 97 Communications, the parent company of Paytm, released its fiscal fourth quarter earnings report wherein it reported loss marginally narrowed to Rs 539.80 crore in comparison with a loss of Rs 549.60 crore recorded during the corresponding quarter of FY24. However, on a sequential basis, the loss widened from Rs 208.3 crore recorded during the December quarter due to a one-time employee stock option cost, which led to a wider loss compared to the previous quarter.
Share market today live updates: KPIT Tech shares in focus
KPIT Technologies acquired Caresoft Global’s Engineering Solutions business for $191 million. The acquisition will drive the company’s expansion into the truck and off-highway engineering solutions sector and accelerate KPIT’s entry into the Chinese market. This also marks the KPIT’s entry into manufacturing engineering solutions for the mobility segment. The $191-million deal includes a $25-million variable consideration based on revenue milestones and other business synergy details.
Share market today live updates: Asian markets higher
On May 07, major Asian indices were trading higher as trade talks between the US and China are set to resume. Japan’s Nikkei 225, which opened in the green, soon fell 0.2% or 73 points to 36,757. Hong Kong’s Hang Seng was yet to trade. Korea’s Kospi was trading 0.43% higher at 2,570. The Taiwan Weighted rose 0.34% to trade at 20,592.
Share market today live updates: Gold at all-time highs as tensions escalate between India and Pakistan
As tensions loom between India and Pakistan, the gold prices have surged to an all-time high. The rate for 24-carat gold today is Rs 97,830 per 10 grams, a lifetime high. The rate of gold has jumped by 12.32% in the last one month. The 22 kt gold rate today is Rs 89,678 per 10 grams. The 18-carat gold price today is Rs 73,373.
Share market today live updates: India conducts Operation Sindoor
The Indian equity indices are expected to open gap-down in Wednesday's trade after India carried out Operation Sindoor, air striking 9 terror bases in Pakistan and Pakistan Occupied Kashmir. The tension among the neighbours has escalated since it. In retaliation, Pakistan is doing heavy artillery firing along LoC in J&K.