Post-Market Update: Market Closing today (May 05, 2025)

Nifty Gains for Second Straight Session; Broader Indices Outperform with Over 1% Gain; Nifty Auto Leads Sectoral Indices

The BSE Sensex closed 294 points higher(0.37%) at 80,796, while the Nifty 50 ended 114 points up (0.47%) at 24,461, extending its gains for the second straight session. Gains in energy shares primarily drive the indices, as a decline in crude oil prices boosted sentiment. The positive momentum was also supported by sustained foreign fund inflows over the past 12 sessions and rising hopes of a trade agreement between India and the U.S. 

Buzzing for the Day: OMC and Auto Stocks in Focus After Decline in Crude Oil Prices

Shares of Oil Marketing Companies (OMC) rallied along with Auto stocks on the back of falling crude prices, following reports of an OPEC+ supply increase. BPCL and Indian Oil rose around 3.5% each, and Hindustan Petroleum surged 6.4%. Among the auto stocks, M&M gained the most amid the outcome of Q4 earnings and the dividend announcement. 

Adani Group Stocks See Notable Movement on May 5

Adani Group stocks also saw notable gains after a report in the media stated that company officials met with members of the U.S. President Donald Trump’s administration to discuss the potential dismissal of criminal charges related to an overseas bribery investigation.

Nifty Bank and Kotak Mahindra Performance

Meanwhile, Kotak Mahindra Bank declined 4.5% after reporting a bigger-than-anticipated drop in quarterly profits, due to a significant rise in provisions for bad loans.

The Nifty Bank Index lost momentum on Monday, falling over 190 points, or 0.36%, to close at 54,119.

Nifty Auto Index- Top Gainer of the Day

The Nifty Auto index jumped more than 1.85% in a day, emerging as the top-gaining sector and recording a two-month high.

M&M on Monday reported a 19.6% year-on-year (YoY) rise in its consolidated net profit at ₹3,295.1 crore, while revenue from operations rose by 20.4% YoY to ₹42,585.67 crore. The board of directors has proposed a dividend of ₹25.3 per share of the face value of ₹5 each.

Nifty 50: Top Pullers and Draggers of the Day

At the close, the biggest contributors to Nifty 50’s gains were Reliance Industries (+37.45 points), ITC (+24.08 points), and Adani Ports (+21.21 points). Meanwhile, Kotak Mahindra Bank (-40.01 points), JSW Steel (-15.65 points), and Axis Bank (-6.89 points) pulled the index down.

Broader Markets Outperformed

The broader market indices ended higher, with the Mid-cap and Small-cap 100 indices surged by 1.81% and 1.02%, respectively, while 14 out of 17 major sectoral indices ended in the green.

Market Breadth

As of May 05, 2025, the Indian stock market witnessed positive market breadth. Out of 2,984 stocks traded on the NSE, 2,023 advanced, 865 declined, and 96 remained unchanged. 

A total of 29 stocks touched their 52-week highs, while 32 hit their 52-week lows. Additionally, 94 stocks were locked in their upper circuits, whereas 66 stocks were in lower circuits. 

Disclaimer: The article is for informational purposes only and not investment advice.