Post-Market Update: Market Closing today (May 07, 2025)

Nifty Recovers Nearly 200 Points from Lows to Close Above 24,400; Broader Markets Outperform

Indian frontline indices recovered from early losses and ended in the positive territory on Wednesday. The BSE Sensex closed higher by 105.71 points or 0.13% at 80,746.78, while the Nifty 50 ended up by 34 points or 0.14% at 24,414. 

After a knee-jerk reaction at the opening bell, Indian markets recovered. Financial and auto stocks helped the indices rebound from lower levels and close in the green. Meanwhile, India VIX cooled off and slipped below the 19 mark.

Among individual stocks, textile stocks were buzzing after India - UK seal landmark Free Trade Agreement (FTA). 

Defence stocks opened higher, but retreated from day's high. Paras Defence and Space Technologies rose over 1%, while Bharat Electronics and Hindustan Aeronautics fluctuated between gains and losses.

BSE Ltd hits a record high after strong March quarter results.

MRF Q4 Results

MRF Ltd reported a 29% year-on-year jump in consolidated net profit to ₹512 crore for Q4FY25. The tyre-maker had earlier reported a net profit of ₹396 crore for Q4FY24. The firm’s revenue from operations meanwhile rose 11% YoY to ₹7,075 crore.

Along with the Q4 results, MRF announced a final dividend of ₹229 per share for the financial year 2025. The record date is yet to be announced.

Nifty Auto - Top Gainer of the Day

The Nifty Auto index jumped nearly 1.6% in just a single day, emerging as the top-performing sector and touching a new 3-month high. 

Mahindra & Mahindra surged the most among the auto stocks, contributing the most to the Auto index, up more than 1.5%. Shares of Tata Motors jumped over 0.7%. 

Nifty 50: Top Pullers and Draggers of the Day

At the close, the biggest contributors to the Nifty 50’s gains were as follows: HDFC Bank (+16.49 points) and Tata Motors (+15.57 points). Meanwhile, Reliance Industries (-13.9 points) and Sun Pharmaceuticals (-11.04 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 1.59% and 1.38%, respectively, while 14 out of 17 major sectoral indices ended in the positive territory.

Market Breadth

As of May 7, 2025, the Indian stock market witnessed positive market breadth. Out of 2,902 stocks traded on the NSE, 1,772 advanced, 1,049 declined, and 81 remained unchanged. 

A total of 26 stocks touched their 52-week highs, while 95 hit their 52-week lows. Additionally, 43 stocks were locked in their upper circuits, whereas 118 stocks were in lower circuits. 

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