Stock Market on 5 May 2025 | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets.
Five key trading highlights
Market Performance: Equity benchmarks, Nifty and Sensex, closed higher on Monday, driven by strong performances in the auto and energy sectors, despite banking stocks facing profit-booking pressure.
Adani Group Stocks Surge: Adani stocks outperformed after reports emerged of the group meeting with the US Department of Justice over bribery charges. Adani Enterprises and Adani Ports saw significant gains.
Sectoral Trends: While banking stocks faced losses, sectors like automobile, energy, and FMCG saw notable gains, helping boost broader market indices.
Global and Domestic Influences: Positive global cues, falling oil prices, and sustained foreign investment inflows supported market optimism. Additionally, the Indian rupee strengthened against the US dollar.
Technical Outlook for Nifty: Nifty faces resistance at 24,500-24,600 levels, with an optimistic outlook for a potential rise toward 24,800-25,000, depending on banking sector participation.
- 16:33 | May 5, 2025
The live blog is now closed.
- 16:32 | May 5, 2025
Stock market live today: BGR Energy clears forensic audit; State Bank of India declares no fraud found
BGR Energy Systems has received a letter from the State Bank of India intimating the closure of the forensic audit.
“As per the said letter, the Forensic Auditor has not found any instance of fraud by the Company as per the guidelines prescribed by the Reserve Bank of India for declaration of fraud. Further, the State Bank of India has declared the account of the Company as “No Fraud” based on the findings of the Forensic Audit.”
- 15:42 | May 5, 2025
Closing bell: Market rally continues: Sensex up 0.37%, Nifty 0.47%; all sectors gain except banking
Sensex ended 294.85 pts or 0.37% positive at 80,796.84, and Nifty 50 was up 114.45 pts or 0.47% to 24,461.15. Sectoral indices except banking indices ended in positive territory.
- 15:31 | May 5, 2025
Stock in focus: BMW Industries secures ₹1,764 crore order from Tata Steel; stock jumps 15.32% to ₹53.13
BMW Industries has received a work order from Tata Steel Limited for processing and conversion of coils at Jamshedpur works for a period up to 31.03.2029 for an amounting ₹1,764 Crore.
BMW Industries stock rallied 15.32% on the BSE to ₹53.13.
- 15:30 | May 5, 2025
Stock market live today: Maruti Suzuki market share dips below 40% in April; M&M rises to 2nd, Hyundai slips to 4th
Maruti Suzuki market share dips below 40% in April; M&M rises to 2nd, Hyundai slips to 4th
Hyundai drops to fourth place, Tata Motors maintains third, Maruti Suzuki leads, Mahindra & Mahindra gains market share.
- 15:20 | May 5, 2025
Share market live today: Vinyl Chemicals reports Q1 profit of ₹7.27 crore, declares final dividend of ₹7 per share; shares up 5.82%
Vinyl Chemicals (India) reported its profit for the quarter ended March 2025 at ₹7.27 crore as against ₹7.53 crore in the corresponding quarter previous year.
Board has recommended Final Dividend of ₹7 per equity share.
Shares surged 5.82% on the NSE to ₹292.
- 15:12 | May 5, 2025
Stock Market live today: Muthoot Microfin Secures ESG Score of 72.2 with CareEdgeESG 1 Rating
- 15:12 | May 5, 2025
Stock Market live today: Bajaj Consumer Care Q4 results
Bajaj Consumer Care reported its consolidated net profit for the quarter ended March 2025 at ₹30.98 crore as against ₹35.58 crore in the corresponding quarter previous year.
Shares traded flat on the NSE at ₹167.24.
- 15:11 | May 5, 2025
Stock Market live today: Top gainers and top losers on the NSE as at 3 pm
Adani Enterprises (+6.77%), Adani Ports (+6.08%), Trent (+4.18%), Shriram Finance (+3.76%), Bajaj Finserv (+3.67%)
Top losers:
Kotak Mahindra (-4.56%), ONGC (-1.70%), JSW Steel (-1.53%), SBI (-1.21%), Dr Reddy’s Laboratories (-1.09%)
- 15:02 | May 5, 2025
Stock Market live today: Nuvoco to set up 2 MTPA grinding unit in Kutch; adds ₹300 cr to Vadraj Cement capex
Nuvoco to set up 2 MTPA grinding unit in Kutch; adds ₹300 cr to Vadraj Cement capex
Nuvoco Vistas Corporation Ltd will be setting up a new grinding unit of 2 million tonnes per annum capacity in Kutch as it looks to refurbish and operationalise the assets of recently acquired Vadraj Cements.
- 15:02 | May 5, 2025
Stock Market live today: Market overview
Stocks advanced on BSE at 3 pm on May 5, 2025, were 2,523 against 1,439 stocks that declined, and 191 remained unchanged. Total stocks traded were 4,153. The number of stocks that recorded a 52-week high was 68, and those that hit a 52-week low was 60. A total of 240 stocks traded in the upper circuit, and 246 in the lower circuit.
- 15:01 | May 5, 2025
Stock Market live today: Epigral Q4 results
Epigral reported its consolidated net profit for the quarter ended March 2025 at ₹86.89 crore as against ₹77.27 crore in the corresponding quarter last year.
Declared Final dividend of ₹3.50.
Shares soared 3.31% on the NSE to ₹1,821.20.
- 14:58 | May 5, 2025
Stock Market live today: Track Q4 results of M&M, Summit Securities, Ethos, GHCL Textiles Kalyani Steels, Capri Global
Q4 Results Today Highlights: Coforge Q4 profit rises, M&M profit up 20%, Indian Hotels, J&K Bank to announce Q4 results today, Kotak Mahindra & SBI stocks down post Q4 show
Q4 Results Today Highlights 5th May2025: Find all the latest Q4 results 2025 updates for Capri Global Capital, CCL Products (India), Coforge, Computer Age Management Services, DCM Shriram, Mahindra & Mahindra, The Indian Hotels Company and The Jammu & Kashmir Bank and a few more companies. Key highlights: Mahindra & Mahindra Q4 Net profit up 20% on strong sales momentum Kotak Mahindra Bank drops on worries over higher credit costs, soft loan growth SBI’s Q4FY25 net profit declines 10% to ₹18,643 cr on jump in total provisions Avenue Supermarts margins under pressure on higher costs, net profit dips to ₹551 crore
- 14:57 | May 5, 2025
Stock Market live today: Bandhan Life’s ULIP Plus offers up to 50x Life Cover and Market-Linked Wealth Creation
The plan also offers return of premium allocation and mortality charges, flexible investment options, and a special discount for women.
National, 05 May, 2025: Bandhan Life Insurance, a leading life insurance company in India, announced the launch of Bandhan Life ULIP Plus—a next-generation unit-linked life insurance plan that combines high life cover with long-term wealth creation. The plan offers life cover of up to 50 times the annual premium, return of premium allocation and mortality charges, flexible investment options, and long-term value additions that make the policy more rewarding. ULIP Plus delivers robust financial security alongside smart, goal-driven investment choices.
Speaking about the launch, Satishwar B., MD & CEO, Bandhan Life Insurance, said, “With rising costs, relying on a single income is no longer enough—real financial security needs a smarter approach. Whether it’s a dream home, education, or a worry-free retirement, ULIP Plus gives customers that ‘plus factor’: high protection, growth potential, and flexibility all in one plan. At Bandhan Life, our customers’ dreams deserve more, and this product delivers just that.”
Bandhan Life ULIP Plus offers more protection - The life cover is 50 times the annual premium – which is substantially higher than what most ULIPs generally provide. For added protection, the plan ensures that nominees receive the higher of the fund value or the base sum assured, with a guaranteed minimum payout of 105% of total premiums paid. It also offers top-up benefits to enhance overall coverage and fund growth.
It also offers wealth-building opportunities - Customers can invest in a range of high-performing funds, designed to deliver consistent, risk-adjusted returns across market cycles.
“ULIP Plus is designed to give investors more control and confidence,” said Saibal Ghosh, Chief Investment Officer, Bandhan Life. “With diversified options across equity, debt, and hybrid categories, customers can tailor portfolios based on their goals and risk appetite,” he added.
- 14:53 | May 5, 2025
Stock Market live today: Tatva Chintan Pharma receives export order worth of $35,55,000 (Eqv ₹29.95 Cr)
Tatva Chintan Pharma Chem received an export order worth of $35,55,000 (Eqv ₹29.95 Cr) for supply of Specialty Chemicals under Pharma & Agro Intermediates & Speciality Chemicals (PASC) category, to be delivered in November / December 2025 (Q3 FY26).
Shares traded at ₹693.20 on the NSE, down 1.48%.
- 14:40 | May 5, 2025
Stock Market live today: Ethos reported its consolidated net profit for the quarter ended March 2025 at ₹22.74 crore as against the ₹21.03 crore in the corresponding quarter previous year
- 14:37 | May 5, 2025
Stock Market live today: Summit Securities Q4 results
Summit Securities reported its consolidated net loss for the quarter ended March 2025 at ₹4.64 crore as against the profit of ₹14.40 crore in the corresponding quarter previous year.
Shares traded flat on the NSE at ₹1,933.90
- 14:35 | May 5, 2025
Stock Market live today: Coal India Ltd (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have executed a nonbinding MoU
Coal India Ltd (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have executed a nonbinding Memorandum of Understanding (MoU) at Lucknow with the intent of setting of 500 MW Solar Power project in Uttar Pradesh.
Coal India shares traded flat on the NSE at ₹386.95
- 14:25 | May 5, 2025
Stock Market live today: Capri Global Capital Q 4 results
Capri Global Capital reported its consolidated net profit for the quarter ended March 2025 at ₹177.74 crore as against ₹82.58 crore in the corresponding quarter previous year.
Board approved an increase in aggregate borrowing limits from ₹15,000 crore to ₹25,000 crore.
Shares jump 5.85% on the NSE to ₹173.
- 13:58 | May 5, 2025
Stock Market live today: Kalyani Steels Q4 results
Kalyani Steels reported its consolidated net profit for the quarter ended March 2025 at ₹80.2 crore as against ₹56.44 crore in the December 2024 quarter.
Board recommended dividend of ₹10 per share.
- 13:55 | May 5, 2025
Stock Market live today: SIL Investments Q4 results
SIL Investments reported its consolidated net loss for the quarter ended March 2025 at ₹2.69 crore as against ₹2 crore profit in the corresponding quarter previous year.
Board has recommended dividend of ₹2.50 per share.
- 13:52 | May 5, 2025
Stock Market live today: Goldiam International has received purchase orders of ₹80 cr for manufacturing and export of lab-grown diamonds jewellery. Stock surged 5.20% on the NSE to ₹375.35
- 13:45 | May 5, 2025
Stock Market live today: KESAR PETROPRODUCTS STARTS PRODUCTION AT ITS NEW FERTILISER UNIT
KESAR PETROPRODUCTS STARTS COMMERCIAL PRODUCTION AT ITS NEW FERTILISER UNIT AT RATNAGIRI ADDITION OF NEW CAPACITY IS PROJECTED TO RESULT IN YEAR-ON-YEAR GROWTH OF APPROXIMATELY 20% IN REVENUE.
Kesar Petroproducts Ltd today announced that it has started commercial production at its new fertiliser plant in Ratnagiri, Maharashtra. This new plant, with an annual capacity of 6,000 tons, will manufacture high-end fertilisers, thereby significantly boosting the company’s topline moving forward. The by-product products of the pigment plant will be used to manufacture fertilisers at the new facility, which will also enhance the pigment capacity in the existing plant.
Kesar Petroproducts currently produces close to 600 tons per month of Copper Phthalocyanine Blue Crude, 150 tons per month of Alpha Blue, 200 tons per month of Beta Blue, and 50 tons per month of Pigment Green. The colourants produced are used in a wide spectrum of industries and consumers, including printing inks, paints and coatings, plastics, paper, ceramics, textiles, glass, food, and cosmetics.
- 13:22 | May 5, 2025
Stock market live updates today: Top gainers among Nifty oil & gas stocks: Hindustan Petroleum (+5.83%), IGL (+4.43%), BPCL (+3.73%), IOC (+3.42%), MGL (+3.07%)
- 12:56 | May 5, 2025
Stock market live updates today: Adani Group stocks outlook at around 12.50 pm:
ATGL (+12.33%)
Adani Green Energy (+8.64%)
Adani Power (+8.33%)
Adani Enterprises (+8.14%)
Adani Ports (+7.68%)
Adani Energy Solutions (+5.84%)
Ambuja Cements (+2.92%)
ACC (+1.97%
- 12:55 | May 5, 2025
Stock market live updates today: A new platform for vehicle products will be launched on August 15: Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M Ltd on Q4 result
We will add 3XO and Thar capacity. We will create additional capacity in Chakan and are also coming up with a greenfield project: Rajesh Jejurikar
- 12:53 | May 5, 2025
Stock market live updates today: Mahindra & Mahindra Q4 results: Net profit up 20% on strong sales momentum
Driven by strong automobile and tractor sales, Mahindra & Mahindra reported a 19.6 per cent rise in consolidated net profit to ₹3,295 crore and a 20.3 per cent increase in revenue in Q4.
M&M Q4 Results: Net profit rises 20% to ₹3,295 cr on strong sales momentum
Mahindra & Mahindra reported a 19.6% rise in consolidated net profit to ₹3,295 crore and a 20.3% increase in revenue in Q4
- 12:52 | May 5, 2025
Stock market live updates today: Sensex, Nifty 50 trades firm, Adani group stocks shine, M&M, Kotak Mahindra, SBI, R R Kabel, Netweb shares in action
Benchmark indices traded firm due to sustained foreign fund inflows. Sensex soared 203.31 pts or 0.25 per cent to 80,705.30 as at 12.21 pm, and Nifty 50 was up 87.35 pts or 0.36 per cent at 24,434.05. Midcap index outperformed.
Sensex, Nifty 50 trades firm, Adani group stocks shine, M&M, Kotak Mahindra, SBI, R R Kabel, Netweb shares in action
Benchmark indices rise on foreign fund inflows, with midcap stocks outperforming and banking stocks dipping. Market driven by oil, gas, metal, auto, FMCG.
- 12:51 | May 5, 2025
Stock market live updates today: M&M is 1 in the electric automobile revenue market share: Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M Ltd on Q4 result
- 12:50 | May 5, 2025
Stock market live news: We have seen a significant slowdown in industry size in the farm segment in global markets: Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M on Q4 result
- 12:48 | May 5, 2025
Stock market live updates today: Farm margins strong. Full year at 19.7%: Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M Ltd on Q4 result
- 12:48 | May 5, 2025
Stock market live updates today: Devyani International launches DIL’s first NEW YORK FRIES (NYF) store at Chhatrapati Shivaji Maharaj International Airport, Mumbai; stock rose 1.18% on NSE to ₹178.99
- 12:47 | May 5, 2025
Stock market live updates: We had 500 room keys in Mahindra hospitality five years ago and today we have 5800 room keys and target 2-3x growth by F30: Anish Shah, Group CEO & Managing Director, M&M
- 12:45 | May 5, 2025
Stock market live updates today: Department of Financial Services reviews Supreme Court judgement quashing JSW Steel’s Rs 19,700 crore acquisition of Bhushan Power and Steel
The Department of Financial Services has reviewed the Supreme Court judgement quashing JSW Steel’s Rs 19,700 crore acquisition of Bhushan Power and Steel Ltd, said Secretary M Nagaraju.
“We are studying the judgement and the possible course of action. We will finalise our next step after discussing with our senior govt advocates.
“We need to take a serious look at this. I have reviewed with all the lenders and we have taken a position. This is already a done deal. Now the SC has given a judgement. We will see what can be done,” he said.
- 12:37 | May 5, 2025
Stock market live updates today: A growth of 20% and we continue to maintain an ROE of 18% : Anish Shah, Group CEO & Managing Director, M&M on Q4 results
- 12:26 | May 5, 2025
Stock market live updates today: Apollo Defence Indus buys Hinduja Group company IDL Explosives for ₹107 crore
Apollo Defence Indus to acquire IDL Explosives for ₹107 cr
Apollo Defence Industries acquires IDL Explosives for ₹107 crore, enhancing capabilities in explosives manufacturing for defense solutions.
- 12:24 | May 5, 2025
Stock market live updates today: Nova Agritech board approves investment in Nova Agri Sciences Pvt Ltd; establishment of Drone Training Centres; stock gains on NSE
Nova Agritech board has approved a slew of proposals:
Investment (of ₹12.27 crore) in Nova Agri Sciences Pvt Ltd (wholly-owned subsidiary)
Establishment of Drone Training Centres by the company at Jonnathally Village, Martur Mondal, Prakasham District, Andhra Pradesh
Utilisation of interest amount accrued from Fixed Deposits of IPO Funds, towards working capital requirement of the company, amounting to not more than Rs. 2.70 crore
The stock gained 1.80% on the NSE to ₹46.35.
- 12:21 | May 5, 2025
Stock market live updates today: Power & Instrumentation (Gujarat) bags ₹21.40-crore work order at Udaipur Air Terminal; shares up on NSE
Power & Instrumentation (Gujarat) has won a ₹21.40-crore work order for design, supply, installation, testing, commissioning and client handling of the power supply system Electrical Work at Udaipur Air Terminal, Rajasthan.
Shares were up 1.06% on the NSE at ₹163.15
- 12:10 | May 5, 2025
Stock market live updates today: Star Health appoints Rajeev Kher as Chairperson of the board
- 12:03 | May 5, 2025
Stock market live updates today: DFS M Nagaraju: IDBI Bank disinvestment to be completed this calendar year
- 12:03 | May 5, 2025
Stock market live updates today: Tata Asset Management launches Tata Income Plus Arbitrage Active Fund of Fund
Tata Asset Management launches Tata Income Plus Arbitrage Active Fund of Fund, an innovative fund of fund scheme aiming to blend a low-volatility strategy of arbitrage funds with steady accrual potential of high-quality corporate bonds. The New Fund Offer (NFO) opens on May 5, 2025 and closes on May 19, 2025.
This open-ended fund of fund investing in domestic mutual fund schemes offers a versatile solution to investors through a balanced mix of interest earned on corporate bonds and equity arbitrage returns.
- 12:02 | May 5, 2025
Stock market live updates today: Mahindra & Mahindra consolidated net profit for March 2025 quarter up at ₹3,295.17 crore; board recommends dividend of Rs 25.3
Mahindra & Mahindra reported a consolidated net profit for the quarter ended March 2025 at ₹3,295.17 crore as against ₹2,754.08 crore in the corresponding quarter previous year.
Its profit after tax rose to ₹3,541.85 crore in the quarter under review as against ₹3,124.94 crore in the corresponding quarter last year.
Board has recommended dividend of Rs. 25.3
- 11:50 | May 5, 2025
Stock market live updates today: Biocon Biologics bags multiple market access for its biosimilar drug Yesintek
Biocon Biologics, a biosimilars company and subsidiary of Biocon Ltd, secured multiple market access agreements for Yesintek, a biosimilar to Stelara, used for the treatment of common chronic autoimmune diseases such as Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis.
Biocon Biologics bags multiple market access for its biosimilar drug Yesintek
Biocon Biologics secures market access agreements for Yesintek, a biosimilar to Stelara, for treating autoimmune diseases in the US.
- 11:43 | May 5, 2025
Stock market live updates today: Renisha Chainani, Head of Research at Augmont, on gold price movements
The bulls dominated the first few weeks of April, while the bears, who tested the $3200 mark in gold, dominated the final two weeks. Gold prices have corrected almost 8% from their high as the worst of the tariff war is behind us.
But despite the peak in tariff rates, uncertainty has not. Even though markets are breathing easier, investors should not assume that the situation is over. If headline tariff rates remain unchanged, the true danger is long-term policy uncertainty. Making significant agreements during the current difficulties will not be easy. A protracted era of trade fragmentation and policy uncertainty poses a greater risk, even if we have already witnessed peak tariffs.
According to US President Donald Trump, there is a high likelihood that a deal will be reached with China. He also mentioned that they have “potential” trade agreements with South Korea, Japan, and India. As China announced it is evaluating a US proposal to hold trade negotiations, the study was released. The nation is eager to engage in negotiations, but only if the Trump Administration lowers the 145% tax it placed on Chinese goods last month.
The Federal Reserve’s monetary policy choices on May 7 may be the next significant catalyst for gold prices. Following the May 6-7 policy meeting, it is generally expected that the Fed would maintain the interest rate at a level between 4.25 and 4.5%. Market players will closely examine the policy statement’s modifications and listen to Fed Chairman Jerome Powell’s remarks during the press conference held after the meeting.
The USD may gain strength and cause a leg lower in gold if the Fed suggests that the increased uncertainty around the inflation forecast brought on by trade policy would probably compel them to be patient about rate adjustments. Conversely, gold would rise if the Fed emphasised the deteriorating labour market and economic outlook more, which would support forecasts of a 25 basis point policy rate cut in June.
Technically, if Gold prices sustain below $3210 (~Rs 92000) this week, they may fall towards $3140 (~Rs 90500). On the higher side, $3300(~Rs 94000) is the resistance level, which prices need to sustain, to climb higher towards $3360 (~Rs 95500).
- 11:41 | May 5, 2025
Stock Market Live Updates: Renisha Chainani, Head of Research at Augmont, writes on bulls dominating the market
Renisha Chainani, Head of Research at Augmont, writes The bulls dominated the first few weeks of April, while the bears, who tested the $3200 mark in gold, dominated the final two weeks. Gold prices have corrected almost 8% from their high as the worst of the tariff war is behind us.
But despite the peak in tariff rates, uncertainty has not. Even though markets are breathing easier, investors should not assume that the situation is over. If headline tariff rates remain unchanged, the true danger is long-term policy uncertainty. Making significant agreements during the current difficulties will not be easy. A protracted era of trade fragmentation and policy uncertainty poses a greater risk, even if we have already witnessed peak tariffs.
According to US President Donald Trump, there is a high likelihood that a deal will be reached with China. He also mentioned that they have “potential” trade agreements with South Korea, Japan, and India. As China announced it is evaluating a U.S. proposal to hold trade negotiations, the study was released. The nation is eager to engage in negotiations, but only if the Trump Administration lowers the 145% tax it placed on Chinese goods last month.
The Federal Reserve’s monetary policy choices on May 7 may be the next significant catalyst for gold prices. Following the May 6-7 policy meeting, it is generally expected that the Fed would maintain the interest rate at a level between 4.25 and 4.5%. Market players will closely examine the policy statement’s modifications and listen to Fed Chairman Jerome Powell’s remarks during the press conference held after the meeting.
The USD may gain strength and cause a leg lower in gold if the Fed suggests that the increased uncertainty around the inflation forecast brought on by trade policy would probably compel them to be patient about rate adjustments. Conversely, gold would rise if the Fed emphasised the deteriorating labour market and economic outlook more, which would support forecasts of a 25 basis point policy rate cut in June.
Technically, if Gold prices sustain below $3210 (~Rs 92000) this week, they may fall towards $3140 (~Rs 90500). On the higher side, $3300(~Rs 94000) is the resistance level, which prices need to sustain, to climb higher towards $3360 (~Rs 95500).
- 11:31 | May 5, 2025
Stock Market Live Updates: Airtel Business launches Business Name Display (BND) for enterprises
Bharti Airtel stock traded flat on the NSE at ₹1,866.90
- 11:18 | May 5, 2025
Stock Market Live Updates: Servotech Renewable Power System Ltd. Appoints Errol Musk to Global Advisory Board
- 11:18 | May 5, 2025
Stock Market Live Updates: CSB Bank is migrating its Core Banking System (“CBS”) to a new platform viz. ‘Oracle Flexcube’.
Stock traded at ₹350 on the NSE, down 1.13%.
- 11:10 | May 5, 2025
Stock market live updates today: Nifty Bank Prediction Today – May 05, 2025: Range bound and unclear. Stay out of the market
Nifty Bank index continues to trade mixed within its broad range. The index has been oscillating between 54,000 and 56,000 over the last two weeks. Within this range, it is currently trading flat at 55,135. The advance/declines ratio is at 7:5. This trend has to sustain to keep the Nifty Bank index higher.
Nifty Bank Prediction Today – May 05, 2025: Range bound and unclear. Stay out of the market
Nifty Bank index trading mixed within range, outlook uncertain, stay out of market for now.
- 11:09 | May 5, 2025
Stock market live updates today: State Bank shares decline over 2% after Q4 earnings
Shares of State Bank of India went lower by over 2 per cent on Monday after the firm reported an 8.34 per cent decline in its consolidated net profit for the January-March quarter.
State Bank shares decline over 2% after Q4 earnings
State Bank of India's stock drops 2% on BSE and 2.25% on NSE after 8.34% decline in net profit.
- 10:52 | May 5, 2025
Stock market live updates today: Sensex climbs 505.47 pts or 0.63% to 81,007.46 as at 10.48 am
- 10:52 | May 5, 2025
Stock market live updates today: AXISCADES appoints Ravikumar Joghee as Chief Strategy & Marketing Officer
- 10:52 | May 5, 2025
Stock market live updates today: BSE shares up 1.24% on the NSE to ₹6,384.50. The exchange had signed a ₹16.9-crore agreement to divest 100% stake in BSE Institute to AV Financial Experts Network
- 10:51 | May 5, 2025
Stock market live updates today: Railtel shares rise 1.44% on the NSE to ₹320.55 on receipt of order worth ₹22.7 crore from Indian Railways
- 10:40 | May 5, 2025
Stock market live updates today: DFS M Nagaraju: ratio of housing finance to GDP has doubled to about 11 per cent in the last 10 years.
Securitisation will be another source of funds from capital markets for housing financiers Cost of funds for home loans originators will come down. Home loan borrowers to benefit
- 10:35 | May 5, 2025
Stock market live updates today: Remedium Lifecare Rights Issue Gains Momentum: 26% Subscribed Within First Two Days
- 10:35 | May 5, 2025
Stock market live updates today: Stocks Update: Major Adani Group stocks are in the green zone and are trading at the day’s high
Adani Ports: CMP 1316, Up 3.8%
Adani Ent: CMP 2352.0, Up 2.5%
Adani Green: CMP 931, Up 2.8%
Adani Power: CMP 536.0, Up 2.1%
Adani Total: CMP 623.0 Up 3.8%
Adani Energy: CMP 931.0 Up 2.6%
Ambuja: CMP 538.0, Up 1.2%
- 10:34 | May 5, 2025
Stock market live updates today: Nifty prediction today – May 05, 2025: Upmove is intact. Go long now and accumulate on dips
Nifty 50 has begun the week on a positive note. The index has risen well above the key 24,400 level. It is currently trading at 24,495, up 0.6 per cent. If the Nifty manages to sustain above 24,400, it will be bullish. The advances/declines ratio is at 39:11. This is bullish.
Nifty prediction today – May 05, 2025: Upmove is intact. Go long now and accumulate on dips
Nifty 50 outlook: Positive start above 24,400, bullish momentum, potential rise to 24,700-24,800, support at 24,400.
- 10:28 | May 5, 2025
Stock market live updates today: Q4 Results Live: Coforge, M&M, Indian Hotels, J&K Bank to announce Q4 results today, Kotak Mahindra & SBI stocks down post Q4 show
Q4 Results Today Highlights: Coforge Q4 profit rises, M&M profit up 20%, Indian Hotels, J&K Bank to announce Q4 results today, Kotak Mahindra & SBI stocks down post Q4 show
Q4 Results Today Highlights 5th May2025: Find all the latest Q4 results 2025 updates for Capri Global Capital, CCL Products (India), Coforge, Computer Age Management Services, DCM Shriram, Mahindra & Mahindra, The Indian Hotels Company and The Jammu & Kashmir Bank and a few more companies. Key highlights: Mahindra & Mahindra Q4 Net profit up 20% on strong sales momentum Kotak Mahindra Bank drops on worries over higher credit costs, soft loan growth SBI’s Q4FY25 net profit declines 10% to ₹18,643 cr on jump in total provisions Avenue Supermarts margins under pressure on higher costs, net profit dips to ₹551 crore
- 10:27 | May 5, 2025
Stock market live updates today: Kotak Mahindra Bank drops on worries over higher credit costs, soft loan growth
Kotak Mahindra Bank’s shares slid 5.5 per cent on Monday after the lender’s fourth-quarter results fanned concerns over higher credit costs and softer loan growth.
Kotak Mahindra Bank drops on worries over higher credit costs, soft loan growth
Kotak Mahindra Bank reports drop in profit, downgraded by BofA, stock falls 5.5% on disappointing Q4 results.
- 10:24 | May 5, 2025
Stock market live updates today: Crude oil falls below $60 a barrel as OPEC+ announces output hike
Crude oil futures traded below $60 a barrel on Monday morning after the Organisation of the Petroleum Exporting Countries and allies, known as OPEC+, decided to increase production output, signalling surplus supplies in the coming months.
Crude Oil Futures: Falls below $60 a barrel as OPEC+ announces output hike
Crude oil futures traded below $60 a barrel on Monday morning after the Organisation of the Petroleum Exporting Countries and allies, known as OPEC+, decided to increase production output, signalling surplus supplies in the coming months.
- 10:19 | May 5, 2025
Stock market live updates today: Sensex climbs 400 pts, Adani group stocks lead gainers, Kotak Mahindra & SBI slump
Equity benchmark indices traded with marginal gains on Monday morning aided by steady foreign inflows and easing global trade tensions. Sensex climbed 408.14 pts or 0.51 per cent to 80,910.13 as at 10.05 am after opening at 80,661.62, and Nifty 50 rose gained 126.15 pts or 0.52 per cent to 24,472.85 . Midcap and smallcap indexes traded flat.
Volatility index rose 1.31 per cent to 18.50
Sensex climbs 400 pts, Adani group stocks lead gainers, Kotak Mahindra & SBI slumps
Equity indices rise on steady foreign inflows, easing trade tensions; large-caps outperform, defense index gains, bank nifty faces resistance.
- 10:16 | May 5, 2025
Stock market live updates today: Rupee rises 39 paise to 84.18 against US dollar in early trade
- 10:16 | May 5, 2025
Stock market live updates today: UltraTech production capacity increased by 1.4 mtpa Shares trade flat on the NSE at ₹11,679
- 10:15 | May 5, 2025
Stock market live updates today: Marico board approves re-appointment of Saugata Gupta as the Managing Director & Chief Executive Officer
- 10:15 | May 5, 2025
Stock market live updates today: Angel One Asset Management Company launches two new passive funds - Angel One Nifty 50 Index Fund and Angel One Nifty 50 ETF
Angel One Asset Management Company Ltd, a wholly-owned subsidiary of Angel One Ltd, launches two new passive funds - Angel One Nifty 50 Index Fund and Angel One Nifty 50 ETF. The New Fund Offerings (NFOs) will be open for subscription from May 5, 2025 to May 16, 2025.
The aforesaid NFOs come with several investor-friendly features, including zero entry or exit load and a minimum application amount of ₹1,000, with investments allowed in multiples of ₹1 thereafter. By tracking the Nifty 50 Index, both the funds eliminate the need for stock picking and active fund manager selection, offering investors exposure to India’s blue-chip companies forming part of the index.
Units of the Angel One Nifty 50 ETF will be listed on the National Stock Exchange (NSE), providing easy liquidity and the convenience of trading like any other stock.
The Angel One Nifty 50 Index Fund offers flexible SIP options, where investors can invest using daily, weekly, fortnightly, monthly and quarterly SIP frequencies starting from ₹250, ₹500, ₹500, ₹1000 and ₹3000 respectively.
- 09:56 | May 5, 2025
Stock market live updates today: Securities in F&O Ban For Trade Date 05-May-2025 * RBLBANK
- 09:56 | May 5, 2025
Stock market live updates today: Fund House Recommendations
CLSA on IOC: Maintain Hold on Company, raise target price at Rs 135/Sh (Positive)
Jefferies on Marico: Maintain Buy on Company, raise target price at Rs 800/Sh versus Rs 780/Sh (Positive)
Macquarie on Marico: Maintain Outperform on Company, raise target price at Rs 790/Sh versus Rs 780/Sh (Positive)
Jefferies on Marico: Maintain Buy on Company, raise target price at Rs 800/Sh versus Rs 780/Sh (Positive)
GS on Marico: Maintain Buy on Company, raise target price at Rs 780/Sh versus Rs 750/Sh (Positive)
ICICI on USL: Maintain Buy on Company, raise target price at Rs 1700/Sh versus Rs 1400/Sh (Positive)
ICICI on UBL: Initiate Buy on Company, target price at Rs 2300/Sh (Positive)
Nuvama on CUB: Maintain Buy on Bank, maintain target price at Rs 220/Sh (Positive)
CLSA on SBI: Maintain Buy on Bank, maintain target price at Rs 1050/Sh (Positive)
DAM on SBI: Maintain Buy on Bank, raise target price at Rs 930/Sh versus Rs 915/Sh (Positive)
Axis on SBI: Maintain Buy on Bank, raise target price at Rs 1055/Sh versus Rs 1000/Sh (Positive)
Elara on SBI: Maintain Buy on Bank, raise target price at Rs 942/Sh versus Rs 885/Sh (Positive)
Citi on SBI: Maintain Buy on Bank, raise target price at Rs 920/Sh versus Rs 905/Sh (Positive)
Investec on SBI: Maintain Buy on Bank, raise target price at Rs 920/Sh versus Rs 870/Sh (Positive)
Bernstein on SBI: Maintain Market perform on Bank, maintain target price at Rs 900/Sh (Neutral)
JP Morgan on SBI: Maintain Overweight on Bank, maintain target price at Rs 915/Sh (Neutral)
CLSA on Kotak Bank: Downgrade to Hold on Bank, raise target price at Rs 2225/Sh versus Rs 2125/Sh (Neutral)
Nuvama on Kotak Bank: Downgrade to Neutral on Bank, raise target price at Rs 2200/Sh versus Rs 2110/Sh (Neutral)
Nomura on Kotak Bank: Downgrade to Hold on Bank, raise target price at Rs 2350/Sh versus Rs 2040/Sh (Neutral)
Bernstein on Kotak Bank: Maintain Buy on Bank, target price at Rs 1950/Sh (Neutral)
Jefferies on Kotak Bank: Maintain Buy on Bank, raise target price at Rs 2550/Sh (Neutral)
GS on Kotak Bank: Maintain Market perform on Bank, raise target price at Rs 2478/Sh (Neutral)
CLSA on Marico: Maintain Reduce on Company, raise target price at Rs 505/Sh versus Rs 492/Sh (Neutral)
HSBC on Godrej Prop: Maintain Buy on Company, target price at Rs 3500/Sh (Neutral)
MOSL on DMart: Maintain Buy on Company, cut target price at Rs 4350/Sh (Neutral)
Bernstein on DMart: Maintain Outperform on Company, cut target price at Rs 5200/Sh (Neutral)
CLSA on DMart: Maintain Accumulate on Company, cut target price at Rs 5548/Sh (Neutral)
Jefferies on DMart: Maintain Hold on Company, cut target price at Rs 4100/Sh (Neutral)
GS on DMart: Maintain Hold on Company, cut target price at Rs 3400/Sh (Negative)
Citi on DMart: Maintain Sell on Company, cut target price at Rs 3250/Sh (Negative)
- 09:42 | May 5, 2025
Stock market live updates today: MOIL posts record April production of 1.62 lakh tonnes of manganese ore; shares trade flat on NSE
MOIL posts record April production of 1.62 lakh tonnes of manganese ore, 1.5% growth over CPLY, and exploratory core drilling of 11,453 meters — a 58% increase over CPLY. Shares trade flat on the NSE at ₹338.75
- 09:40 | May 5, 2025
Stock market live updates today: Oberoi Realty clocks Rs 970 crore in Bookings with launch of Elysian Tower D at Oberoi Garden City Goregaon, Mumbai. Shares trade flat on the NSE at ₹1,602
- 09:40 | May 5, 2025
Stock market live updates today: Biocon Biologics inks multiple market access pacts for Yesintek™ (ustekinumab-kfce), its biosimilar to Stelara® (ustekinumab). Shares surge 3.04% on NSE to ₹328.6
- 09:38 | May 5, 2025
Stock market live updates today: Q4 Results Live: Coforge, M&M, Indian Hotels, J&K Bank to announce Q4 results today, Kotak Mahindra & SBI stocks down post Q4 show
Q4 Results Today Highlights: Coforge Q4 profit rises, M&M profit up 20%, Indian Hotels, J&K Bank to announce Q4 results today, Kotak Mahindra & SBI stocks down post Q4 show
Q4 Results Today Highlights 5th May2025: Find all the latest Q4 results 2025 updates for Capri Global Capital, CCL Products (India), Coforge, Computer Age Management Services, DCM Shriram, Mahindra & Mahindra, The Indian Hotels Company and The Jammu & Kashmir Bank and a few more companies. Key highlights: Mahindra & Mahindra Q4 Net profit up 20% on strong sales momentum Kotak Mahindra Bank drops on worries over higher credit costs, soft loan growth SBI’s Q4FY25 net profit declines 10% to ₹18,643 cr on jump in total provisions Avenue Supermarts margins under pressure on higher costs, net profit dips to ₹551 crore
- 09:37 | May 5, 2025
Stock market live updates today: Brokerage view
UBS On SBI
Neutral Rating, Target At Rs840/Sh
Management Cuts Loan Growth Guidance
NIM To Be Under Pressure In Near Term
EPS Estimates Largely Unchanged For FY26/27
JPMorgan On SBI
Maintain Overweight, Tgt At Rs915/Sh
Cire Trends Are Unexciting But Not Weak
Loan Growth Of 12% YoY Weak Due To Corporate repayment
Expect FY26 NIM To Fall 12-15 bps As Easing Cycle Takes Hold
An Opportunity To Accumulate If Stock Falls Due To NIM Risk
Bernstein On SBI
Market-Perform Rating, Target At Rs900/Sh
RoA Maintained At >1%, Aided By Sharp Gains In Non-interest Income
Net Interest Margin Maintained At 3% Mark
Provision Expense Normalised Sharply From The Ultra-low Levels
CLSA On SBI
Maintain Outperform, Target At Rs1,050/Sh
Higher Treasury Gains & Other Income Led To A Profit Beat
Loan Growth Moderated To 12% YoY From 14%-15% Two Quarters Ago
Deposit Growth Remained Sluggish At 9-10%
NIM Is Stable But Not As Good As The Top Three Private Sector Banks
Cut Our Estimates By 4% Due To Some Loan Growth Cuts & Some NIM Moderation
CITI on SBI
BUY, TP Rs920 from Rs905
NIMs Hold, Though Pressure Likely; One-Offs Boost Earnings
SBI’s flat NIMs (3.0%), 4% qoq loan growth in 4Q was encouraging.
We expect NIMs of 2.8%-2.9% over FY26-27E.
However, elevated provisions of Rs64.4bn (incl LLP and other provisions) were a drag.
There were several one-offs with net favorable impact on earnings:
i) Profit on revaluation of investments incl Rs38.5bn of govt guaranteed SRs revaluation (one chunky resolution included);
ii) forex income of Rs28.6bn (vs Rs17bn in FY24);
iii) Rs16.4bn dividend income
iv) PLI provisions–industry agreed incentives in staff cost, scheme specific incentives to higher grade employees (Rs13bn in overhead cost), reversal of PLI provisions (Rs7bn in other provisions).
Factoring lower NIM, partially offset by higher non-interest income, we revise earnings by 1-2% for FY26-27E expecting it to deliver ~1.0% RoA/15% RoE over FY26E/27E.
Approved enabling resolution to raise equity up to Rs250bn.
IIFL Capital on SBI
BUY, TP Rs900
Core under pressure; but delivers 1.1% ROA
SBI’s reported PAT was 4%/7% above consensus/IIFLe, but adj. PPOP was in line and PAT below.
Loan growth was soft due to prepayments by the corporates.
We expect LDR to steadily inch-up as we build 13% loan Cagr vs. 10% for deposits.
NIM was stable qoq, and while we build 16bps contraction until 3QFY26 due to 100bps of repo cuts, higher share of MCLR linked loans should limit the impact relative to private banks.
Non-II was robust thanks to fee/forex income, but opex was higher due to the yield movement and upfronting of PLI cost.
Gross slippages remain extremely low at 0.4%, but credit cost was higher due to higher write-offs and ‘other provisions’.
We have built avg. credit cost of 50 bps over FY26-28E vs. 40bps in FY25.
We tweak our est. by -6/+4% for FY26/27E, and forecast PAT Cagr of 9% over FY25-28E.
Bernstein On Kotak Mah Bank
Market-Perform Call, Target At Rs1,950/Sh
EPS Declines 13% YoY While It’s Up 7% QoQ On Higher Provision Expenses
Deposit Growth Slows To 11% YoY, Is Lower Than ICICI & HDFC Bank
Seasonal Improvement In CASA & Stable Loans Boost NIM
Higher Opex Growth & Provision Expenses Limited RoA Improvement
Results Highlight That Co Faces Margin Vs Growth Trade-off In Near Term
CLSA On Kotak Mah Bank
Downgrade To Hold From Outperform, Target Raised To Rs2,225 From Rs2,125/Sh
Mixed Q4 Result, PPoP Missed Our Estimate By 3% Driven By Lower NII & Higher Opex
Credit Costs Were Higher As The Bank Strengthened Its Provision Coverage Ratio
Loan Growth Moderated To Low-teens
Cut Profit Estimates By 3-5% Due To Lower NII & higher Opex Assumptions
Nuvama on Kotak Bank
Downgrade to HOLD; given rich valuations
TP raised to Rs2350 from Rs2040
NII & growth undershoot; AQ improves
Core NII growth is the lowest amongst large peers
Core PPOP decreased marginally QOQ
Stock has rallied 20% since Q3 earnings
KMB is better placed on growth & NIM than peers
IIFL Capital on Kotak Bank
REDUCE; TP raised to Rs2060
Weak business momentum; expensive valuations
Kotak’s core 4Q PAT was 4% below consensus/IIFLe led by NII and opex miss, partly offset by higher ‘other income’.
Loan growth was soft despite StanC’s portfolio acquisition, avg. CASA growth is the weakest among peers at 2% yoy and SA deposits are flat since the last three years.
While the recent SA and TD rate-cuts should help cushion the NIM, the rising wedge between loan and CASA growth should continue to exert profitability pressure.
Our medium-term concerns are (1) flawed liability strategy, (2) higher credit costs in this cycle due to the risk build-up and no buffer provisions, and (3) narrowing ROA gap vs. peers.
We cut est. by 2-3%, but raise TP to Rs2,060 (6% downside).
Valuations are expensive in the context of subdued profitability relative to peers.
CITI on Kotak Bank
BUY, TP Rs2525
Fees, Tax Credits Lift PAT; RoA Path Tied to Growth, Credit Cost
Positives:
[1] Slippages moderated (1.4% vs 1.7% qoq). PL delinquencies improved, credit card stabilized, MFI stress was elevated;
[2] Enhanced coverage by 500bps to 78%.
[3] 4bps reported NIM expansion to 4.97% (though calc NIMs declined).
Misses:
[a] Advances growth was modest at 14% yoy/3% qoq.
[b] Credit cost (incl investment depreciation) inched up qoq to 87bps.
[c] Share price-based incentives, retirement provisions, marketing campaign, tech spends pushed opex growth by 8% qoq.
The bank has cut floating rate SA rates, rationalized TD and sweep deposit rates.
Given 60% of advances are EBLR linked, we build in NIMs of 4.7% for FY26E/FY27E.
Factoring NII pressure, we revise earnings up 2% for FY26E/27E.
Mgmt retained 1.5-2.0x nominal GDP growth guidance.
We are building in 16-17% advances growth over FY26-27E.
CLSA On JSW Steel
Underperform Call, Target At Rs825/Sh
Co Eligible To Get Back The Initial Investment Made In BPSL
Uncertainty Over The Capex Incurred & EBITDA Generated In This Period Remains
Recovering The Initial Investment Could Also Be A Long, Drawn-out Process
Calculate A Valuation Impact Of 5-9% From April 30 Close
With The Stock Down 6% On May 2, Part Of The Impact Has Played Out
CLSA On IOC
Maintain Hold Call, Target Raised To Rs135 From Rs120/Sh
Profit A Comprehensive Beat Of Our Estimate
Profit Helped By Higher-than-expected Refining As Well Marketing Margin
Despite Excise Duty Hike, OMCs Earnings Supernormal Marketing Margin On Auto Fuels
Higher Marketing Margin Drives Up Our FY26-27 Estimates By 4-9%
Jefferies On Avenue Super
Maintain Hold, Target Cut To Rs4,100 From Rs4,225/Sh
Margin Slipping To 6.8% Came As A Big Negative Surprise
Mgmt Attributed Margin Fall To High Competition
Trim EPS Estimates By 4-7% For FY26-27
Jefferies On Marico
Maintain buy, Target Raised To Rs800 From Rs780/Sh
India Volume Growth At 7% Appears Impressive
International CC Growth Is Also Strong
Margin Under Pressure Due To GM Pressure & Higher A&P Spends
Outlook Is Reasonably Positive On Core As Well As Growth Portfolio
MS On Marico
Equal-weight Rating, Target At Rs674/Sh
Pricing-led Growth Seen In H1 For Core
Management Expects Food Business To Grow At 25%
Foods & Prem Personal Care To Account For 25+% By F27
Digital-first Portfolio To Scale 2.5x By FY27
Beardo Set To Reach Double-digit EBITDA Margin
Ambit On Marico
Buy Call, Target Raised To Rs766 From Rs736/Sh
Revenue Growth Of 20%, Marginally Ahead Of Our/Street Estimates
Core Portfolio Performance Mixed With Parachute Reporting -1%/22% Volume/Value Growth
Saffola Edible Oil Growth Improved To 26%, VAHO
Growth Turned Positive At 1%
Reported 70/120 bps Market Share Gain In Parachute/VAHO
Guided For Double-digit Revenue Growth For FY26
Our estimates For FY26 Build In 11% Growth
Key To Long-term Growth Is The Scale-up In Adjacency Portfolio
MS India Strategy
India Will Likely Outperform a Global Bear Market but Underperform a Bull Market
Global uncertainty is providing investors with an opportunity to buy India’s long-term story
It will require patience, given the potential for bad news from outside India
Believe rewards will come in time
Domestic Cyclicals > Defensives and External facing sectors
Overweight on Financials, Consumer Discretionary and Industrials
Underweight on Energy, Materials, Utilities and Healthcare
Likely to be a stock pickers’ market, in contrast to one driven by top-down or macro factors since the Covid pandemic
We are capitalization-agnostic
- 09:36 | May 5, 2025
Stock market live updates today: Crude oil futures trade lower after OPEC+ decides to increase production output
Crude oil futures traded below $60 a barrel on Monday morning after the Organisation of the Petroleum Exporting Countries and allies, known as OPEC+, decided to increase production output, signalling surplus supplies in the coming months. At 9.25 am on Monday, July Brent oil futures were at $59.11, down by 3.56 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $56.09, down by 3.77 per cent. May crude oil futures were trading at ₹4740 on Multi Commodity Exchange (MCX) during the initial hour of trading on Monday against the previous close of ₹4940, down by 4.05 per cent, and June futures were trading at ₹4741 against the previous close of ₹4928, down by 3.79 per cent.
- 09:35 | May 5, 2025
Stock market live updates today: Avenue Supermarts Q4 results: Margins under pressure on higher costs; net profit dips to ₹551 crore
Avenue Supermarts Q4 results: Margins under pressure on higher costs; net profit dips to ₹551 crore
Avenue Supermarts' Q4 FY25 net profit falls slightly, revenue rises; EBITDA margins under pressure due to competition.
- 09:20 | May 5, 2025
Stock market live updates today: Sensex, Nifty spurt up at open
Sensex gained 333.77 points or 0.41% to 80,835.76 as at 9.17 am after opening at 80,661.62, and Nifty 50 rose marginally by 87.00 points or 0.36% to 24,433.70. Sectoral indices, except banking stocks, traded in the green. The volatility index rose 1.31% to 18.50
- 09:14 | May 5, 2025
Stock market live updates today: Global bits
United States: Gold gains on weaker dollar; markets await Fed rate decision; strong jobs data boosts stocks; USDA sees mass exits; Trump proposes major budget cuts; OPEC+ supply hikes and job cuts impact energy and employment sectors.
India: Rupee sensitive to Fed decision; RBI bond buy may lower yields; April manufacturing surges; seeks IMF review of Pakistan loans; rainstorms cause fatalities in Delhi.
Japan: No plans to sell US Treasuries in trade talks; trade consultations with US resume; healthy returns draw investors despite tariff risks.
Kazakhstan: Gold production highlighted amid commodity price movements.
United Kingdom: Trade deal talks with India resume in London.
Germany: April manufacturing stabilizing
Italy: Jobless rate rises slightly to 6%; manufacturing downturn eases.
Russia: Declares emergency after Ukrainian drone attack on Novorossiisk port.
Malaysia: PM optimistic on resolving Petronas-Petros dispute.
Saudi Arabia: SABIC posts $323M Q1 net loss.
Kuwait: Emphasizes significance of OPEC+ meeting for future production policy.
Syria: Appoints caretaker PM; signs electricity import deal with Turkey.
Brazil: Petrobras marginally increases jet fuel prices amid output dip.
Canada: TSX hits one-month high.
Mexico: Trump offers US troop aid for cartels; Pemex rehiring amid crude struggles.
Portugal & Spain: Power exchanges suspended due to blackout probe.
Taiwan: Currency strength contributes to global dollar pressure.
Hong Kong: Ant Group listing expected; economy accelerates in Q1 pre-tariff concerns.
Source: Reuters
- 09:13 | May 5, 2025
Stock market live updates today: India Daybook – Stocks in News
Parag Milk Foods: Net profit Rs. 26 cr vs Rs. 10 cr, Revenue at Rs.918 cr vs Rs. 790 cr YoY (Positive)
Gravita India: Net profit Rs. 94.92 cr vs Rs. 69.42 cr, Revenue at Rs.1037.07 cr vs Rs. 863.41 cr YoY (Positive)
R R Kabel Ltd: Net profit Rs. 129.12 cr vs Rs. 78.72 cr, Revenue at Rs.2217.83 cr vs Rs. 1754.06 cr YoY (Positive)
Vardhman Textiles: Net profit Rs. 237.88 cr vs Rs. 202.13 cr, Revenue at Rs.2508.57 cr vs Rs. 2459.41 cr YoY (Positive)
Privi Speciality: Net profit Rs. 63.97 cr vs Rs. 31.86 cr, Revenue at Rs.613.55 cr vs Rs. 484.34 cr YoY (Positive)
CUB: Profit at Rs 288 crore Vs Rs 254.8 crore, Net interest income increases 9.8% to Rs 600.3 crore Vs Rs 546.6 crore (Positive)
Aether: Net profit stands at 50.3 crore Vs loss of Rs 1.4 crore, Revenue at Rs 240.2 crore Vs Rs 117.5 crore (Positive)
IGL: Board has approved the appointment of Rajkumar Dubey as Chairman of the company (Positive)
GOCL Corp: The company has received approval from its Board to sell its subsidiary, IDL Explosives, to Apollo Defence Industries for Rs 107 crore. (Positive)
Ircon: Company has received a work order worth Rs 458.14 crore from North Eastern Electric Power Corporation. (Positive)
Hindustan Foods: Company has commenced Phase 1 of its new ice cream manufacturing facility in Nashik. (Positive)
Tata Motors: Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of US President Donald Trump’s trade war. (Positive)
Baazar Style: Company has opened a new store of Style Baazar at Koderma, Jharkhand (Positive)
NTPC Renewable: Company commissions final 60 MW of Gujarat solar project; total group capacity now 80,155 MW. (Positive)
Adani Ports: Company handles 37.5 MMT cargo in April ‘25, container volumes up 21% YoY. (Positive)
Teerth Gopicon: Company announced the receipt of a Letter of Acceptance (LoA) from Indore Smart City Development Limited. (Positive)
NMDC: Company posts record 15% rise in iron ore production in April; sales grow 3%. (Positive)
Oil marketing PSUs: Petrol, diesel demand rises in April as summer fuels consumption. (Positive)
IEX: Company to log double-digit growth in trading volume in FY26. (Positive)
Force Motors: April sales at 3210 units versus 2268 units. (Positive)
Azad Engineering: Company gets 452 Cr Orders, TTM sales is only 423 Cr. (Positive)
B L Kashyap: Company Bags Rs 510 Crore Residential Project – 28.3 Lakh Sq. Ft. in Scope. (Positive)
Bharat Parenterals: Company announced that its subsidiary, Innoxel Lifesciences Pvt. Ltd., successfully completed a U.S. FDA inspection at its Vadodara, Gujarat facility. (Positive)
Tata Consultancy Services: Company partnered with Jazeera Airways to enhance digital customer experience using AI. (Positive)
Shilpa Medicare: Company’s subsidiary, SBPL, receives EU GMP certification for its Dharwad, Karnataka site. (Positive)
Emerald Finance: Company partners with Idea Clan to launch an Early-Wage Access program. (Positive)
Kranti Industries: Company announced a sample purchase order from Bonfiglioli Transmission Private Limited for industrial machinery parts. (Positive)
Resourceful Auto: Plutus Capital Management LLP bought 30,000 equity shares in the company at an average price of Rs 70.26 per share. (Positive)
Oberoi Realty: Company gets 970 Crs in Bookings in Elysian Tower D in just 4 days. (Positive)
Expo Gas: Aegis Investment Fund bought 2,48,991 equity shares in the company at an average price of Rs 60 per share. (Positive)
GE Vernova: Company wins major order from POWERGRID to supply 70+ high-voltage transformers & shunt reactors for India’s renewable energy corridors. (Positive)
Affle: Company received a US patent for a system detecting fraud in app installations and ads. (Positive)
P N Gadgil: Company recorded its highest-ever single day festive sales of Rs 139.53 crore on the occasion of Akshaya Tritya, up 35% YoY. (Positive)
Adanigroup: Adani Camp meets Trump officials to end Bribery cases: Bloomberg (Positive)
Ksolves India Ltd: Net profit Rs. 5.85 cr vs Rs. 9.39 cr, Revenue at Rs. 33.34 cr vs Rs. 30.44 cr YoY (Neutral)
Archean Chemical: Net profit Rs. 53.47 cr vs Rs. 57.58 cr, Revenue at Rs.345.57 cr vs Rs. 283.90 cr YoY (Neutral)
Subex Ltd: Net profit Rs. -17.60 cr vs Rs. -156.51 cr, Revenue at Rs.70.60 cr vs Rs. 83.80 cr YoY (Neutral)
Voltamp Transformers: Net profit Rs. 96.8 cr vs Rs. 93.5 cr, Revenue at Rs.624.8 cr vs Rs. 504.8 cr YoY (Neutral)
Kotak Bank: Net profit Rs. 3551 cr vs poll of Rs. 3550 cr, NII at Rs.7283 cr vs Poll of Rs. 7400 cr (Neutral)
SBI: Net profit Rs. 18,642 cr vs poll of Rs. 18,944 cr, NII at Rs.42,775 cr vs Poll of Rs. 42,670 cr. (Neutral)
D-Link: Net profit Rs. 27 cr vs Rs. 24.5 cr, Revenue at Rs.368 cr vs Rs. 332 cr YoY (Neutral)
Marico: Revenue at 2730 Cr vs Poll at 2665 Cr, Volume Growth at 7% vs Poll at 5-6% (Neutral)
Indian Bank: Net profit up 31.6% at Rs 2,956 cr vs Rs 2,247 cr, NII up 6.2% at Rs 6,389.3 cr vs Rs 6,015.5 cr (YoY) (Neutral)
Ambuja Cement: Shareholders approve scheme of amalgamation of Adani Cementation with company (Neutral)
Himatsingka Seide: Company announced the resignation of Lakshman Swamy, Senior Vice President – Sourcing & Logistics (Group), effective May 02, 2025 (Neutral)
Emami Ltd: Company Board to consider 3rd interim dividend for FY24-25 on May 16, 2025. (Neutral)
Aptech Ltd: Company announced it received a work order from a Central Govt. Body to conduct Computer-Based Tests. The estimated contract value is Rs 2.26 Cr (Neutral)
Indian Bank: Bank Declared Dividend of 16.25 Rs per Share (Neutral)
Bharti Airtel: Bharti Airtel, Tata Group call off talks for merger of DTH business (Neutral)
Block deal launch in AU Small Bank: Sellers include True North, Indium IV (Mauritius), and Silver Leaf Oak. Floor prices Rs 650/ Sh (Neutral)
Oberoi Real: Ex- date on today, Dividend - Rs 2 per Share. (Neutral)
PTC India: Ex- date on today, Dividend - Rs 5 per Share. (Neutral)
Tata Motors: Shareholders meeting at tomorrow for business split. (Neutral)
TRF Limited: Net profit Rs. 3.51 cr vs Rs. 6.29 cr, Revenue at Rs.27.10 cr vs Rs. 38 cr YoY. (Negative)
Sanofi Consumer: Net profit Rs. 50 cr vs Rs. 62.7 cr, Revenue at Rs.172.6 cr vs Rs. 221.6 cr YoY (Negative)
CDSL: Net profit Rs. 100 cr vs Rs. 129 cr, Revenue at Rs. 224 cr vs Rs. 241 cr YoY (Negative)
D Mart: Net profit down 2% at Rs 551 cr vs Rs 563 cr, Revenue up 17% at Rs 14,872 cr vs Rs 12,726.6 cr (YoY) (Negative)
JSW Steel: The Deputy Director of Mines had issued a demand notice, claiming Rs 702 crore for an alleged drop in the grade of production, violation of the mining plan. (Negative)
- 09:13 | May 5, 2025
Stock market live updates today: 4QFY25 – Key Results
5th May 2025 (Monday)
1. Mahindra & Mahindra
2. The Indian Hotels
3. Coforge
4. CAMS
5. Onesource Specialty Pharma
6. DCM Shriram
7. Capri Global Capital
8. Jammu & Kashmir Bank
9. CCL Products (India)
10. Epigral
11. Shrem InvIT
12. Ethos
13. Magellanic Cloud
14. Cigniti Technologies
15. Jash Engineering
16. Kalyani Steels
17. Prataap Snacks
18. Bombay Dyeing & Mfg
19. Summit Securities
20. Hind Rectifiers
21. Unicommerce Esolutions
- 09:08 | May 5, 2025
Stock market live updates today: Weekly Market Update (28th April 2025 – 02nd May 2025)
•Fixed Income
The New 10-Year Benchmark GOI 6.79 2034 traded between 6.32% - 6.39% during the week ending on 02nd May 2025 (Closing yield: 6.3538%).
The Old 10-Year Benchmark GOI 7.10 2034 traded between 6.33% - 6.40% during the week ending on 02nd May 2025 (Closing yield: 6.3671%), tracking movement involved around US Treasury, Currency, Crude Oil, US Job data and RBI announcement of OMO purchase.
•Auction Highlights
RBI conducted the Auction for G-sec, SDL, and T-bills for the aggregated amount of INR 36,000 crore, INR 24,700 Crore and INR 19,000 Crore, respectively.
G-sec Cutoff:
6.64% GS 2027: 101.49/6.0080%\u0009
New GS 2035: 6.33%
SDL Cutoff:
07 Years: HP 6.65%, UP 6.67%
09 Years: HP 6.79%
10 Years: RJ 6.70%, UK 6.74%
12 Years: MH 6.77%
13 Years: MH 6.77%, HR 6.75%
14 Years: MH 6.78%
15 Years: MH 6.75%, TR 6.75%
18 Years: PN 6.77%
21 Years: KL 6.78%
22 Years: RJ 6.78%
27 Years: TS 6.79%
30 Years: TN 6.79%
31 Years: TS 6.79%
Re-issue of 7.42% Rajasthan SGS 2032, issued on May 22, 2024 at 104.22/6.6600%
T-Bill Cutoff:
091 Days: INR 9000 Crore 98.5495/5.9036%
182 Days: INR 5000 Crore 97.1300/5.9258%
364 Days: INR 5000 Crore 94.4301/5.9164%\u0009
•Commodities:
1)Brent Crude Oil: $59.30-$67.57 (Per barrel) (Closing: $61.29)
2)Gold: INR 9,551-INR 9,791 24 Carat (1 Gram)
3)Silver: INR 98,000-INR 1,00,500 (1 KG)
•Currency:
1)USD/INR: 83.765-85.419 ($) (Closing: 85.527)
•US Treasury Yield:
1)US 2 Years Treasury: 3.55%-3.84% (Closing: 3.823%)
2)US 5 Years Treasury: 3.68%-3.94% (Closing: 3.916%)
3)US 10 Years Treasury: 4.12%-4.33% (Closing: 4.307%)
•Corporate Bond Highlights
1)AAA 3 Years Bond traded between 6.90%-6.95% this week.
2)AAA 5 Years Bond traded between 6.90%-6.95% this week.
3)AAA 10 Years Bond traded between 6.95%-7.00% this week.
•News Highlights
INDIA
1)India’s industrial output grew 3% year-on-year in March, according to data from the Ministry of Statistics and Programme Implementation (MoSPI), down from 5.5% in the same month last year due to weaker performance in manufacturing, mining, and electricity sectors. The growth fell short of economists’ expectations of 3.3%. February’s industrial growth was revised to 2.7% from the earlier 2.9%. In March, manufacturing output rose 3% (up from 2.8% in February), and electricity generation increased 6.3%, compared to 3.6% in the previous month.
2)India’s net goods and services tax (GST) receipts grew 9.1 per cent in April to hit a fresh monthly record of over ₹2.09 trillion, making a significant improvement over the mild 7.3 per cent uptick in revenues this March, despite a 40 per cent sequential surge in refunds.
3)Unified Payments Interface (UPI) transactions in April this year fell by 2 per cent to 17.89 billion, while the transaction value decreased by 3 per cent to ₹23.95 trillion, following a strong performance in March 2025 due to year-end sales. In March, the volume reached 18.3 billion and the value stood at ₹24.77 trillion, marking a 14 per cent and 13 per cent rise, respectively, from February, according to data from the National Payments Corporation of India. Markedly, April 2025 numbers showed a 34 per cent increase in volume and a 22 per cent rise in value compared to the same month last financial year.
4)Retail inflation for farm workers eased to 3.73% in March 2025 from 4.05% in February, while inflation for rural workers declined to 3.86% from 4.10%, according to official data released Wednesday. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) fell by 3 points to 1,306, and the CPI for Rural Labourers (CPI-RL) dropped by 2 points to 1,319 in March, compared to 1,309 and 1,321 points respectively in February.
5)The rate of interest on Government of India Floating Rate Bond 2034 (GOI FRB 2034) applicable for the half year April 30, 2025 to October 29, 2025 shall be 6.99 per cent per annum. It may be recalled that FRB 2034 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day i.e., April 30, 2025) of 182 Day T-Bills, plus a fixed spread (0.98 per cent).
6)As of the fortnight ended March 21, 2025, non-food bank credit grew by 12.0% year-on-year (y-o-y), down from 16.3% in the same period last year. Credit to agriculture and allied activities rose by 10.4% (vs. 20.0% y-o-y previously), while credit to industry maintained a steady growth of 8.0%. Within industry, segments like petroleum, basic metals, engineering, and construction saw faster growth, though infrastructure credit growth slowed. The services sector recorded a 13.4% increase in credit (down from 20.8%), mainly due to slower credit to NBFCs, while professional services and trade remained strong. Personal loans grew by 14.0% (compared to 17.6% y-o-y), with slower momentum in vehicle loans, credit card outstanding, and other personal loans.
7)In March 2025, India’s services exports (receipts) stood at US$ 35,600 million, registering a year-on-year (y-o-y) growth of 18.6%, while imports (payments) were US$ 17,475 million, up by 5.3%. In February 2025, exports were US$ 31,625 million (11.6% y-o-y growth) and imports were US$ 14,506 million (a decline of 4.8%). In January 2025, exports totaled US$ 34,726 million (12.0% growth) and imports were US$ 16,706 million (12.6% growth). All figures are provisional and based on revised balance of payments data.
8)In March 2025, the weighted average lending rate (WALR) on fresh rupee loans by scheduled commercial banks (SCBs) was 9.35%, slightly down from 9.40% in February, while the WALR on outstanding rupee loans eased to 9.77% from 9.80%. The 1-year median MCLR remained steady at 9.00% in April 2025. On the deposit side, the weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits rose to 6.65% in March from 6.49% in February, and the WADTDR on outstanding deposits inched up to 7.03% from 7.02%.
9)According to data released by the RBI, as on April 18, 2025, total deposits (excluding interbank) of all scheduled banks stood at ₹23.36 lakh crore, marginally lower than ₹23.62 lakh crore on April 4, 2025, but higher than ₹21.22 lakh crore a year ago. Bank credit (excluding interbank advances) was ₹18.66 lakh crore, slightly down from ₹18.87 lakh crore in the previous fortnight, yet up from ₹16.93 lakh crore as on April 19, 2024. Investments (at book value) increased to ₹6.84 lakh crore, compared to ₹6.82 lakh crore two weeks ago and ₹6.30 lakh crore a year earlier. Borrowings from the RBI saw a sharp decline to ₹24,763 crore, from ₹60,031 crore in early April and ₹85,339 crore a year back. Cash balances with banks stood at ₹84,425 crore, while balances with the RBI were ₹9.28 lakh crore. Food credit outstanding was ₹32,125.64 crore for Scheduled Commercial Banks and ₹51,974 crore for Scheduled Co-operative Banks. The number of Scheduled Commercial Banks stood at 135 during the fortnight.
10)India’s foreign exchange reserves rose for the eighth week in a row to reach $688.13 billion as on April 25, data released by the Reserve Bank of India showed on Friday. The reserves are up by $1.98 billion. Foreign currency assets, a key component of India’s reserves, rose by $2.17 billion to $580.66 billion, the central bank said in its weekly statistical report. Meanwhile, Gold reserves decreased by $207 million to $84.37 billion. Further, Special Drawing Rights (SDR) were up $21 million to $18.59 billion. India’s reserve position with the International Monetary Fund (IMF) rose by $2 million to $4.51 billion.
11)India’s manufacturing sector saw an improvement in April 2025, supported by a rise in new export orders following the recent tariff decision by the US. The Manufacturing Purchasing Managers’ Index (PMI) rose to 58.2, slightly up from 58.1 in March, indicating continued expansion in the sector. According to S&P Global, the uptick was driven by faster increases in employment, production, and stocks of purchases. The PMI is based on survey responses from around 400 manufacturers, and any reading above 50 reflects expansion, while below 50 signals contraction.
12) India’s industrial output grew by 3% year-on-year in March 2025, up from 2.9% in February, but lower than the 5.5% growth seen in March 2024, as per data from the Ministry of Statistics. The Index of Industrial Production (IIP) rose to 164.8, from 160.0 a year earlier. Sector-wise, manufacturing grew 3%, electricity jumped 6.3% (vs 3.6% in February), and mining edged up 0.4% (vs 1.6%). Within manufacturing, 13 of 23 industries saw growth, led by electrical equipment (15.7%), motor vehicles (10.3%), and basic metals (6.9%). Among use-based categories, infrastructure/construction goods rose 8.8%, primary goods 3.1%, and consumer durables 6.6%, while consumer non-durables declined 4.7%.
WORLD
1)OPEC+, in a meeting held on May 3, 2025, agreed to raise oil output by 411,000 barrels per day in June, marking the second consecutive month of accelerated hikes. This decision comes despite oil prices falling below $60 per barrel, a four-year low, amid concerns over weakening global demand triggered by President Donald Trump’s tariffs. The group, following a brief online meeting, stated that market fundamentals remain healthy and inventories are low. The move also reflects Saudi Arabia’s push to penalize Iraq and Kazakhstan for non-compliance with production quotas and aligns with Trump’s calls for increased output.
2)The number of job openings on the last business day of March stood at 7.19 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday. This reading followed 7.48 million openings (revised from 7.56 million) reported in February and came in below the market expectation of 7.5 million.
3)Private sector employment in the US rose 62,000 in April and annual paw was up 4.5% year-over-year, the Automatic Data Processing (ADP) reported on Wednesday. This reading followed the 147,000 increase (revised from 155,000) recorded in March and missed the market expectation of 108,000 by a wide margin.
4)Nonfarm Payrolls (NFP) in the United States (US) rose by 177,000 in April, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 185,000 increase (revised from 228,000) reported in March and came in better than the analysts’ estimate of 130,000.
5)The US Unemployment Rate remained unchanged at 4.2%, as expected, while the Labor Force Participation Rate ticked up to 62.6% from 62.5%. Finally, annual wage inflation, as measured by the change in the Average Hourly Earnings, held steady at 3.8%.
6)In the week ending April 26, 2025, the US reported 241,000 initial jobless claims, up from the previous week’s revised figure of 223,000 (initially 222,000) and exceeding market expectations of 224,000, according to the Department of Labor. The seasonally adjusted insured unemployment rate stood at 1.3%, with the number of continuing claims rising to 1,916,000—an increase of 83,000 from the prior week—marking the highest level since November 13, 2021, when it was 1,970,000.
7)The US GDP contracted at an annualized rate of 0.3%, primarily due to a sharp 41.3% surge in imports, with goods imports rising by 50.9%, ahead of President Donald Trump’s tariffs. Since imports are subtracted from GDP, the decline may be seen as temporary. The data sends mixed signals to the Federal Reserve—while the negative growth could support a case for rate cuts, persistent inflation concerns may lead policymakers to hold off.
8)The business activity in the United States (US) manufacturing sector continued to contract in April, with the ISM Manufacturing Purchasing Managers Index (PMI) edging lower to 48.7 from 49 in March. This reading came in better than the market expectation of 48. The Employment Index improved to 46.5 from 44.7 in this period, pointing to a decrease in the sector’s payrolls at a softening pace. In the meantime, the Prices Paid Index, the inflation component of the survey, rose to 69.8 from 69.4.
9)The seasonally adjusted S&P Global US Manufacturing Purchasing Managers’ Index™️ (PMI®️) recorded 50.2 in April, unchanged since March. Although above the crucial 50 no-change mark for the fourth consecutive month, the index again signaled only a marginal expansion.
10)The S&P Global UK Manufacturing PMI in April 2025 was revised up to 45.4, indicating a continued contraction in the sector. While slightly higher than the 17-month low of 44.9 in March, the reading remains below the 50.0 no-change level for the seventh consecutive month.
11)In March 2025, US inflation, measured by the PCE Price Index, eased to 2.3% year-on-year from 2.5% in February, slightly above the expected 2.2%. The core PCE, excluding food and energy, rose 2.6%, down from 3%, aligning with forecasts, and remained flat on a monthly basis. Meanwhile, personal income and personal spending rose by 0.5% and 0.7% respectively, both exceeding market expectations.
12)The latest Redbook Index (YoY) for the US is 6.1% and was reported on April 26, 2025. The previous release was 7.4%. This index is a weekly measure of same-store sales growth in the U.S. retail sector, tracking sales from a sample of large retailers
13)The Bank of Japan (BOJ) left the policy rate unchanged at 0.50%. The decision was unanimous. The BOJ also reiterated its hawkish guidance that it will continue to raise the policy rate if the outlook for economic activity and prices will be realized.
14)The au Jibun Bank Japan Manufacturing PMI rose to 48.7 in April 2025, up from a flash estimate of 48.5 and March’s 12-month low of 48.4, marking a 10th straight month of contraction, due to weaker demand and worsening concerns about U.S. tariffs.
15)The HCOB Eurozone Manufacturing PMI inched higher to 49 in April of 2025 from 48.6 in the previous month, reflecting the softest pace of contraction in factory activity in over two years, and revised higher from the preliminary estimate of 48.7.
16)The Eurozone economy grew by 1.2% year-on-year in Q1 2025, matching the previous quarter’s pace and surpassing market expectations for a 1% expansion, a flash estimate showed. Among the Eurozone’s largest economies, Germany remained in recession, with GDP contracting by 0.2% year-on-year in Q1.
Meanwhile, France and Italy posted modest growth of 0.8% and 0.6%, respectively, while Spain outpaced its peers with a strong 2.8% expansion.
17)In April 2025, China’s official NBS Manufacturing PMI fell to 49.0 from 50.5 in March, indicating a contraction in factory activity. The NBS Non-Manufacturing PMI also eased to 50.4 from 50.8, showing slower expansion in services and construction. Meanwhile, the Caixin General Manufacturing PMI dropped to 50.4 from 51.2, signaling a moderation in private-sector manufacturing growth.
- 08:12 | May 5, 2025
Stock market live updates today: [IIFL Banks] SBI 4QFY25 result: Core under pressure, but delivers 1.1% ROA (BUY)
Link to the note:
https://bit.ly/3YtQ3yY
Change in EPS
FY26: -6% to Rs71
(8% below consensus)
FY27: +4% to Rs86
(1% above consensus)
FY28: introduced at Rs104
# SBI’s reported PAT was 4%/7% above consensus/IIFLe, but adj. PPOP was in line and PAT below.
# Loan growth was soft due to pre-payments by the corporates. We expect LDR to steadily inch-up as we build 13% loan Cagr vs. 10% for deposits.
# NIM was stable qoq, and while we build 16bps contraction until 3QFY26 due to 100bps of repo cuts, higher share of MCLR linked loan should limit the impact relative to private banks.
# Non-II was robust thanks to fee/ forex income, but opex was higher due to the yield movement and upfronting of PLI cost.
# Gross slippages remain extremely low at 0.4%, but credit cost was higher due to higher write-offs and ‘other provisions’. We have built avg. credit cost of 50 bps over FY26-28E vs. 40bps in FY25.
# We tweak our est. by -6/+4% for FY26/27E, and forecast PAT Cagr of 9% over FY25-28E. Our SOTP based TP of Rs900 (13% upside) is based on 1.1x FY’27 core P/B and subs valuation at Rs250/share. Valuations are cheap at 0.9x FY27 core P/B for avg. ROA/ROE of 1%/15% over FY26-28E.
- 08:12 | May 5, 2025
Stock market live updates today: Researchbytes Analyst App
https://play.google.com/store/apps/details?id=com.intelegain.rb
Conference call Replay available in Various speeds !
Researchbytes Events Update
As of 07:15 AM Monday 05 May 2025
Can set alert for them at www.researchbytes.com
10:00 AM Solarium Green
Dial: +91 22 6280 1107
10:00 AM V-Mart Retail
Dial: +91 22 6280 1458
Weblink: https://tinyurl.com/576axm8w
11:00 AM RailTel Corp
Dial: +91 22 6280 1272
Weblink: https://tinyurl.com/3d5cy8xr
11:00 AM Gravita India
Dial: 91 22 6280 1342
Weblink: https://tinyurl.com/6wspa5ka
12:00 PM Krystal Integrated
Dial: +91 22 6280 1102
Weblink: https://tinyurl.com/3b8v3w3r
12:30 PM RR Kabel L
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/3vthcexk
3:00 PM GHCL Textiles
Dial: +91 22 6280 1557
Weblink: https://tinyurl.com/3rye6b2n
3:30 PM M&M
Weblink: https://tinyurl.com/3jnns2aa
3:30 PM Netweb Technolo
Dial: +91 22 6280 1259
Weblink: https://tinyurl.com/37365rud
3:30 PM Godrej Agrovet
Dial: +91 22 6280 1259
Weblink: https://tinyurl.com/5tbsfyn9
4:00 PM CRISIL
Weblink: https://tinyurl.com/y4sn5j9b
4:00 PM Dhampur Bio Org
Dial: +91 22 6280 1480
Weblink: https://tinyurl.com/2s4zjh98
4:00 PM Utkarsh Small
Dial: +91 22 6280 1144
Weblink: https://tinyurl.com/8kdk5y5k
4:00 PM Sunteck Realty
(Results)
Dial: +91 22 6280 1289
Weblink: https://tinyurl.com/m9w63nyj
4:00 PM Sunteck Realty And Infrastructure
Dial: +91 22 6280 1289
Weblink: https://tinyurl.com/2vhbtf2m
4:00 PM Epigral Ltd
Dial: +91 22 6280 1325
Weblink: https://tinyurl.com/yc896k4p
4:00 PM Parag Milk Foods
Dial: +91 22 6280 1488
Weblink: https://tinyurl.com/3zmad3tc
4:00 PM Vardhman Text
Dial: +91226280 1222
Weblink: https://tinyurl.com/2b66ez4e
4:10 PM SRG Housing
Weblink: https://tinyurl.com/5xskt3ht
4:30 PM Yasho Industrie
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/h9zenyxx
5:00 PM Coforge
Weblink: https://tinyurl.com/yrrsdh37
5:00 PM Tatva Chintan Pharma Chem
Weblink: https://tinyurl.com/3zbrb664
5:00 PM Jindal Saw
(Investor/Analyst Presentation)
Dial: +91 22 6280 1143
Weblink: https://tinyurl.com/2wu8fv5h
7:00 PM Indian Hotels
Dial: +91 22 6280 1405
Weblink: https://tinyurl.com/4xnurup5
Kotak Mahindra : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327811
Aether Industries : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327746
Subex : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327755
City Union Bank : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327743
Marico : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327734
IOB : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327715
Latent View Ana : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327738
Godrej Prop : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327703
Sportking India : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327701
Deep Industries : (replay)
https://www.researchbytes.com/webcast.aspx?WID=327705
Results today …
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Recent interviews …
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Replays available at www.researchbytes.com
- 08:11 | May 5, 2025
Stock market live updates today: EQUITY PREVIEW:
Adani Ports (ADSEZ): April Cargo Volume +4% to 37.5m tons
Avenue Supermarts (DMART): 4Q Net Income Misses Estimates (1)
Azad Engineering (AZAD): Signs $53.5M supply pact with GE Steam Power
Central Depository Services (CDSL): 4Q Net Income Misses Estimates (1)
City Union Bank (CUBK): 4Q Net Income Beats Estimates (1)
Indian Bank (INBK): 4Q Net Income Beats Estimates
Kotak Mahindra (KMB): 4Q Net Income -14% Y/y to 35.5b rupees, Misses Est. 36.06b (1)
Marico (MECO): Marico 4Q Net Income Beats Estimates (1)
State Bank of India (SBIN): 4Q Net Income -9.9% Y/y to 186.4b rupees, Beats Est. 179.9b (1)
SBI Approves Raising Up to $3 Billion Via Share Sale in FY26
Vodafone Idea (IDEA): Amends Shareholder Agreement to Retain Control
- 08:10 | May 5, 2025
Stock market live updates today: EARNINGS (net income adj. ests. in INR where available):
CCL Products India Ltd. (CCLP IN) 4Q 682m (2 analysts)
Capri Global Capital Ltd. (CGCL IN) 4Q
Cigniti Technologies Ltd. (CIGN IN) 4Q
Coforge Ltd. (COFORGE IN) 4Q 2.82b (28)
Computer Age Management Servic (CAMS IN) 4Q 1.17b (9)
DCM Shriram Ltd. (DCMS IN) 4Q
Indian Hotels Co. (IH IN) 4Q 5.53b (17)
Jammu & Kashmir Bank Ltd. (JKBK IN) 4Q
Mahindra & Mahindra Ltd. (MM IN) 4Q 24.9b (14)
Nureca Ltd. (NURECA IN) 4Q
Prataap Snacks Ltd. (DIAMOND IN) 4Q
- 08:10 | May 5, 2025
Stock market live updates today:
- 08:09 | May 5, 2025
Stock market live updates today:
- 08:08 | May 5, 2025
Stock market live updates today: Economic Calendar – 05.05.2025
China, U.K., Hong Kong, Japan, South Korea @ Market Holiday
19:15 U.S. Final Services PMI (Expected: 51.4 versus Previous: 51.4)
19:30 U.S. ISM Services PMI (Expected: 50.2 versus Previous: 50.8)
- 08:07 | May 5, 2025
Stock market live updates today: Major U.S. listed stocks result calendar 05.05.2025
Ares Management Corporation (Pre market) (Sector- Financial)
Cummins Inc (Pre market) (Sector- Automobiles)
BioNTech SE (Pre market) (Sector- Healthcare)
Tyson Foods, Inc (Pre market) (Sector- FMCG)
Zimmer Biomet Holdings, Inc (Pre market) (Sector- Healthcare)
Loews Corporation (Pre market) (Sector- Financial)
ON Semiconductor Corporation (Pre market) (Sector- Technology)
CNA Financial Corporation (Pre market) (Sector- Financial)
Palantir Technologies Inc (Post market) (Sector- Technology)
Vertex Pharmaceuticals Incorporated (Post market) (Sector- Healthcare)
Williams Companies, Inc (Post market) (Sector- Energy)
CRH PLC (Post market) (Sector- Construction)
Realty Income Corporation (Post market) (Sector- Real Estate)
Diamondback Energy, Inc (Post market) (Sector- Energy)
Ford Motor Company (Post market) (Sector- Automobiles)
Coterra Energy Inc (Post market) (Sector- Energy)
Clorox Company (Post market) (Sector- FMCG)
Corebridge Financial Inc (Post market) (Sector- Financial)
Sun Communities, Inc (Post market) (Sector- Real Estate)
AECOM (Post market) (Sector- Engineering)
- 08:07 | May 5, 2025
Stock market live updates today: Q4FY25 Earning Calendar 05-05-2025
BOMDYEING, CAMS, CCL, CGCL, CIGNITITEC, COFORGE, DCMSHRIRAM, DIAMONDYD, EPIGRAL, ETHOSLTD, HIRECT, INDHOTEL, J&KBANK, KSL, M&M, ONESOURCE, UNIECOM
CAMS YoY
* Revenue expected at Rs 358 crore versus Rs 310 crore
* EBITDA expected to be seen at Rs 140 crore versus Rs 125 crore
* EBITDA margin expected to be seen at 39.08% versus 40.34%
* Net profit expected to be seen at Rs 113 crore versus Rs 103 crore
COFORGE YoY
* Revenue expected at Rs 3519 crore versus Rs 3318 crore
* EBIT expected to be seen at Rs 447 crore versus Rs 316 crore
* EBIT margin expected to be seen at 12.71% versus 9.52%
* Net profit expected to be seen at Rs 279 crore versus Rs 215 crore
INDHOTEL YoY
* Revenue expected at Rs 2420 crore versus Rs 1905 crore
* EBITDA expected to be seen at Rs 874 crore versus Rs 659 crore
* EBITDA margin expected to be seen at 36.13% versus 34.63%
* Net profit expected to be seen at Rs 529 crore versus Rs 417 crore
M&M YoY
* Revenue expected at Rs 30058 crore versus Rs 25109 crore
* EBITDA expected to be seen at Rs 4227 crore versus Rs 3445 crore
* EBITDA margin expected to be seen at 14.06% versus 13.72%
* Net profit expected to be seen at Rs 2530 crore versus Rs 2038 crore
Q4FY25 Earning Calendar 06-05-2025
AADHARHFC, AARTIDRUGS, ADOR, APLLTD, APTUS, AVALON, BANKBARODA, CENTENKA, CGPOWER, EMUDHRA, GODREJCP, HINDPETRO, JAGSNPHARM, JBMA, KAJARIACER, KANSAINER, KEI, MANYAVAR, MGL, PARADEEP, PAYTM, PEL, POLYCAB, POLYMED, QUICKHEAL, RADICO, SAFARI, SCILAL, SUNCLAY, TIMEX
BANKBARODA YoY
* NII expected at Rs 11696 crore versus Rs 11792 crore
* EBIT expected to be seen at Rs 7722 crore versus Rs 6804 crore
* EBIT margin expected to be seen at 48.90% versus 42.57%
* Net profit expected to be seen at Rs 4611 crore versus Rs 4886 crore
BSE YoY
* Revenue expected at Rs 822 crore versus Rs 488 crore
* EBIT expected to be seen at Rs 483 crore versus Rs 125 crore
* EBIT margin expected to be seen at 58.79% versus 25.79%
* Net profit expected to be seen at Rs 395 crore versus Rs 107 crore
CGPOWER YoY
* Revenue expected at Rs 2706 crore versus Rs 2191 crore
* EBITDA expected to be seen at Rs 400 crore versus Rs 283 crore
* EBITDA margin expected to be seen at 14.81% versus 12.95%
* Net profit expected to be seen at Rs 305 crore versus Rs 239 crore
GODREJCP YoY
* Revenue expected at Rs 3616 crore versus Rs 3385 crore
* EBITDA expected to be seen at Rs 737 crore versus Rs 755 crore
* EBITDA margin expected to be seen at 20.40% versus 22.32%
* Net profit expected to be seen at Rs 480 crore versus Rs 482 crore
HINDPETRO QoQ
* Revenue expected at Rs 105265 crore versus Rs 110608 crore
* EBITDA expected to be seen at Rs 4241 crore versus Rs 5959 crore
* EBITDA margin expected to be seen at 4.03% versus 5.38%
* Net profit expected to be seen at Rs 1906 crore versus Rs 2543 crore
KEI YoY
* Revenue expected at Rs 2709 crore versus Rs 2319 crore
* EBITDA expected to be seen at Rs 283 crore versus Rs 244 crore
* EBITDA margin expected to be seen at 10.44% versus 10.54%
* Net profit expected to be seen at Rs 201 crore versus Rs 168 crore
MGL YoY
* Revenue expected at Rs 1851 crore versus Rs 1612 crore
* EBITDA expected to be seen at Rs 371 crore versus Rs 395 crore
* EBITDA margin expected to be seen at 20.08% versus 24.50%
* Net profit expected to be seen at Rs 251 crore versus Rs 252 crore
PAYTM YoY
* Revenue expected at Rs 2022 crore versus Rs 2267 crore
* EBIT expected to be seen at Rs -276 crore versus Rs -419 crore
* EBIT margin expected to be seen at -13.68% versus -18.49%
* Net Loss expected to be seen at Rs 52 crore versus Rs 54 crore
PEL YoY
* NII expected at Rs 902 crore versus Rs 733 crore
* Net Loss expected to be seen at Rs 40 crore versus Rs 1380 crore
POLYCAB YoY
* Revenue expected at Rs 6612 crore versus Rs 5591 crore
* EBITDA expected to be seen at Rs 887 crore versus Rs 761 crore
* EBITDA margin expected to be seen at 13.42% versus 13.62%
* Net profit expected to be seen at Rs 612 crore versus Rs 546 crore
RADICO YoY
* Revenue expected at Rs 1226 crore versus Rs 1078 crore
* EBITDA expected to be seen at Rs 169 crore versus Rs 122 crore
* EBITDA margin expected to be seen at 13.84% versus 11.36%
* Net profit expected to be seen at Rs 87 crore versus Rs 53 crore
- 07:53 | May 5, 2025
Stock market live updates today: Flat opening seen for Nifty, Sensex amid mixed results
Flat opening seen for Nifty, Sensex amid mixed results
Indian equity market outlook, Q4 earnings review, and global triggers for the coming week analyzed by experts.
- 07:41 | May 5, 2025
Stock market live updates today: U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June
U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June
OPEC+ is bringing more than 800,000 barrels per day of additional supply to the market over the course of two months.
- 07:06 | May 5, 2025
Stock market live updates today: Research: Weekly Equity Cash and Derivative Coverage
Weekly snapshot: In the wake of continuous buying from institutions and the global stock market recovery, Indian equities closed in a positive note.
Indices Performance: The Nifty 50 Index ended the week with a gain of 1 28 percent, while Nifty Bank performed inline and closed with a gain of 0 83 percent
Weekly Fund-flow Activities: Over the week, FIIs have bought Rs 7680 1 crore worth of shares, while DIIs bought Rs 9269 4 crore worth of shares in the cash segment
Macro Data: Macroeconomic events such as a monetary policies of the Federal Reserve and Bank of England, US trade balance and Service PMI data from leading economies are scheduled for the upcoming week.
Weekly Outlook: Indian equities are expected to remain focused on outcome of monetary policies from major central banks, quarterly earnings and geopolitical developments during the next week
- 07:06 | May 5, 2025
Stock market live updates today: SBI approves raising up to Rs 25,000 crore via QIP.
- 07:06 | May 5, 2025
Stock market live updates today: *Researchbytes Analyst App *
https://play.google.com/store/apps/details?id=com.intelegain.rb
Recent Interview...
As of 18:45 PM Friday 02 May 2025
Adani Enterpris: Jugeshinder Singh, CFO
Adani Enterprises Q4 Results Out! CFO Robbie Singh Breaks Down Key Drivers & Strategy
https://www.youtube.com/watch?v=oITcjTk36W4
BANDHAN BANK: Partha Pratim Sengupta, MD CEO
Bandhan Bank Q4 Result 2025: Profit Jumps 483%, Secured Loans Driving Growth, RBI Liquidity Boost
https://www.youtube.com/watch?v=TT0osL6Omms
Federal Bank: Venkatraman Venkateswaran, Group President & CFO
Federal Bank Q4 Result 2025: Profit Beats Estimates, Asset Quality Healthy, & Loan Book Growth View!
https://www.youtube.com/watch?v=-NQc8ZPSvUQ
IndiaMART InterMESH : Dinesh Agarwal, Founder & MD
IndiaMART’s AI Push & Customer Growth: Dinesh Agarwal Unpacks Post-Q4 Strategy | Q4 Results 2025
https://www.youtube.com/watch?v=_ywb_I70-p0
Macrotech Developers: Sushil Modi, Whole Time Director
Macrotech Developers Q4 Results 2025: Robust Growth In Profit & Revenue, FY26 Guidance?| Sushil Modi
https://www.youtube.com/watch?v=CT_3Qj0GGac
Ather Energy: Tarun Mehta, Executive Director & CEO
Ather Energy IPO Last Day For Subscription: CEO Tarun Mehta Answers Key Big Questions & Future Plans
https://www.youtube.com/watch?v=mWlR_STaVzU
Ceat: Kumar Subbiah, CFO
CEAT Q4 Result 2025: Export Outlook In US Amid Tariffs, Demand View For FY26 & Price Hikes Likely?
https://www.youtube.com/watch?v=_Swjm05nYjU
Tata Technologi: Warren Kevin Harris, MD & CEO
Tata Technologies Q4 Result 2025: Healthy Deal Wins, Auto ER&D Analysis | Warren Harris
https://www.youtube.com/watch?v=ENKz3QU9lzk
Bajaj Auto: Rajiv Bajaj, MD
The Trade War Can Hurt Us If China Bans Export of Heavy Rare Earth Magnets: Rajiv Bajaj
https://www.youtube.com/watch?v=wGH9x2nZKLY
Bajaj Auto: Rajiv Bajaj, MD
The Trade War Can Hurt Us If China Bans Export of Heavy Rare Earth Magnets: Rajiv Bajaj
https://www.youtube.com/watch?v=wGH9x2nZKLY
Events today…
https://www.researchbytes.com/Default.aspx?cc=event
Results today…
https://www.researchbytes.com/Default.aspx?cc=result
Replays available at www.researchbytes.com
- 07:05 | May 5, 2025
Stock market live updates today: Fund Flow Activity:
02 May 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 100895.16 + 6769.64 Total: 107664.8
F&O Volume: 14234731.45 + 7241840.7 Total: 21476572.15
Provisional Cash
FII/FPI: NET BUY: +2769.81
(18130.19 - 15360.38)
DII: NET BUY: +3290.49
(13906.16 - 10615.67)
- 07:05 | May 5, 2025
Stock market live updates today: US Non-Farm Employment Change
Actual: 177K
Expected: 138K
Previous: 228K
U.S. Unemployment Rate
Actual: 4.2%
Expected: 4.2%
Previous: 4.2%
(Data seen supportive for US dollar)
- 07:04 | May 5, 2025
Stock market live updates today: EM Flows Rebound: India Flows Hit 10-Month High, Driven by Large Cap Funds
· Global liquidity is gradually returning to EMs as concerns over tariff hikes begin to subside. Following Trump’s victory in Nov’24, there was a significant outflow of capital from EMs into the U.S. However, over the past three weeks, we’ve started to observe signs of a reversal.
· The strongest recovery in foreign inflows has been into India, Brazil, Hong Kong, and Taiwan, while South Korea is yet to see a similar rebound. In India, of the $7.7bn that exited (across allocation & dedicated funds) after the U.S. election, $960mn—or 12%—has returned in 3 weeks. Taiwan has seen a similar trend, with 10% of earlier redemptions reversing.
· Crucially, foreign flows into U.S. funds remain strong and uninterrupted, averaging $6bn per week. The recent shift back toward EMs appears to be fuelled by new incremental liquidity, rather than a pullback from the U.S. Notably, domestic U.S. funds are under redemption pressure for the past six weeks.
· India recorded its highest weekly inflow since July’24, at $724 mn. This was largely driven by $487mn going into India-dedicated funds—the biggest in 7-months. All inflows were concentrated in large-cap funds.
· Over past 6-weeks, India-dedicated funds attracted $1bn, split between $575mn into ETFs & $440mn into long-only large-cap funds. Luxembourg-domiciled funds accounted for 40% of these flows, followed by 35% from Ireland and 20% from the U.S. Meanwhile, Japan-focused funds have seen consistent outflows since Nov’24.
· In other asset classes, junk bonds saw inflows of $3.6bn this week after 5-weeks of heavy redemptions totaling $31bn. On the other hand, gold funds saw outflows of $2.6bn following 15 straight weeks of inflows totaling $34bn. These movements may hint at an early easing in risk-off sentiment, though broader trends will be crucial to understand global risk appetite.
- 07:04 | May 5, 2025
Stock market live updates today: DAM Capital on SBI
BUY ,TP raised to Rs930 from Rs915
SBI reported a mixed quarter with steady NIMs at 3%, though NII missed estimates slightly as loan growth slowed to 12% YoY.
Strong treasury gains and other income offset higher opex driven by performance-linked incentives. Corporate, home, and auto loans supported growth.
SBI guides for 12-13% loan growth in FY26, expects to maintain 3% NIMs, and sees 11-12% earnings growth despite some potential volatility from future rate cuts.
- 07:03 | May 5, 2025
Stock market live updates today: U.S. President Trump:
- I won’t fire Fed Chairman Jerome Powell before his term ends in 2026.
- I am not looking forward to a third presidential term.
- Any trade deal with China must be fair.
- US small businesses will not need any exemption.
- Canada does not bear its full share of defense spending.
- 07:03 | May 5, 2025
Stock market live updates today: Axis Cap on Kotak Mahindra Bank
-Raise our SoTP-based TP to Rs 2,320 (from Rs 2,010)
-Increase our FY26E/ 27E PAT by 9% each due to better NIM outlook and higher fee income
-NIM improves 4 bps QoQ, fee income picking up
-Loan growth led by retail and SME
-Fee income growth strong QoQ, opex growth slows down further
- 07:02 | May 5, 2025
Stock market live updates today: Ashika Insti | Arihant Foundations & Housing Ltd | Management Meet Note | MCap: Rs 7Bn; CMP Rs 737; Rating – NOT COVERED
Link to the note: https://tinyurl.com/5n8kkszc
Key Takeaways
•\u0009We recently met the management of Chennai based real-estate developer, Arihant Foundations & Housing, which is having presence in commercial, luxury residential, senior living as well as plotted development.
•\u0009The company seems to be in an inflection point given the green shoots, which the Chennai market is witnessing currently.
•\u0009With a view to capitalizing on the tailwinds, the company plans to add 1mn sqft. of development annually to its current area under development of ~3mn sqft.
•\u0009The company looks forward to a turnover of Rs7bn in FY27. We are bullish on its longterm growth prospects and are confident of the management’s ability to execute.
•\u0009At CMP, the stock trades at TTM EV/EBITDA of 17.1x. Based on management’s guidance and our preliminary estimates, the stock trades at an EV/EBITDA of 7.4/4.2x on FY26/FY27 earnings. Currently, we do not have any rating on the stock.
Business Model
➢ Asset-Light Model for Capital Efficiency: Arihant follows an asset-light strategy using Joint Development Agreements (JDAs), avoiding upfront capex on land acquisition. This enables optimized capital efficiency and value creation for landowners, as demonstrated in the Equitas Tower project.
➢ Strategic SPV Partnerships for Scalable Growth: Arihant collaborates with strategic partners through SPVs, where partners hold a 50% stake and fund land acquisition, while Arihant manages construction. This model enables efficient capital deployment and scaling with minimal equity infusion, as seen in ongoing Rs4.5bn GDV projects.
➢ “Lease-First, Sell-Later” Approach: Arihant secures long-term leases with reputed tenants before selling commercial assets, ensuring stable rental income and reducing vacancy risk. This strategy accelerates monetization and appeals to institutional and HNI buyers.
- 07:01 | May 5, 2025
Stock market live updates today: Web links – 4QFY25 Results, Press Release & Investor Presentation Indian Bank 4QFY25 Earnings
Financial Results
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/cc6f5f58-68c6-4c03-91c1-887237f1acf3.pdf
Press Release
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/102a0f2b-9e22-45d6-8cf9-7e9797c16e6f.pdf
Presentation
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/9d7cefa6-7674-4a90-b6ef-6971a92c150c.pdf
- 07:01 | May 5, 2025
Stock market live updates today: 4QFY25 Results, Press Release & Investor Presentation State Bank of India 4QFY25 Earnings
Financial Results
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/a49fab30-e6c7-40af-8e8d-bb8c28ecc2c0.pdf
Press Release
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/ac32da6c-8fec-47f3-a9ab-76778dd29737.pdf
Presentation
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/c71220a2-e01b-4e3d-9380-cf165b023d52.pdf
- 07:00 | May 5, 2025
Stock market liveWeb links – 4QFY25 Results, Press Release & Investor Presentation Kotak Mahindra Bank 4QFY25 Earnings
Financial Results
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/af27f662-61b2-4dab-8e98-ffac19ad75a8.pdf
Press Release
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/2a283a8c-9c79-47a1-9282-140aa41a26ee.pdf
Presentation
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/134c2596-8055-4061-a74e-a6e996f86036.pdf
- 07:00 | May 5, 2025
Stock market live updates today: Research: Weekly Equity Cash and Derivative Coverage
Weekly snapshot: In the wake of continuous buying from institutions and the global stock market recovery, Indian equities closed in a positive note.
Indices Performance: The Nifty 50 Index ended the week with a gain of 1 28 percent, while Nifty Bank performed inline and closed with a gain of 0 83 percent
Weekly Fund-flow Activities: Over the week, FIIs have bought Rs 7680 1 crore worth of shares, while DIIs bought Rs 9269 4 crore worth of shares in the cash segment
Macro Data: Macroeconomic events such as a monetary policies of the Federal Reserve and Bank of England, US trade balance and Service PMI data from leading economies are scheduled for the upcoming week.
Weekly Outlook: Indian equities are expected to remain focused on outcome of monetary policies from major central banks, quarterly earnings and geopolitical developments during the next week
- 06:59 | May 5, 2025
Stock market live updates today: KotakMahindra Q4
NIM at 4.97%versus 4.93% QoQ
Slippages
at Rs 1488 crore versus Rs 1657 crore QoQ
(Numbersseen better on QoQ basis)
- 06:59 | May 5, 2025
Stock market live updates today: SBI Q4
* Net profit at Rs 18642 crore versus poll Rs 18944 crore
* NII at Rs 42775 crore versus poll Rs 42677 crore
* Gross NPA at 1.82% versus 2.07% QoQ
* Net NPA at 0.47% versus 0.53% QoQ
* Announced Dividend Rs 15.90 per share (Record date: 16 May 2025)
(Numbers seen marginally inline with estimates)
- 06:58 | May 5, 2025
Stock market live updates today: Kotak Mahindra Bank Q4
* Net profit at Rs 3551 crore versus poll Rs 3626 crore
* NII at Rs 7283 crore versus poll Rs 7395 crore
* Gross NPA at 1.42% versus 1.51% QoQ
* Net NPA at 0.31% versus 0.44% QoQ
* Bank Announced Dividend of Rs 2.50 per share
(Numbers seen marginally lower with estimates, Asset quality seen improvement)
- 06:58 | May 5, 2025
Stock market live updates today: JSW Steel’s resolution plan for Bhushan Power and Steel Ltd
JSW Steel’s resolution plan for Bhushan Power and Steel Ltd (BPSL), initially approved by the National Company Law Tribunal (NCLT) in September 2019, involved acquiring the insolvent steelmaker under the Insolvency and Bankruptcy Code (IBC). The key elements of the plan were:
Financial Commitment: JSW Steel offered to pay ₹19,350 crore to financial creditors, representing a nearly 60% haircut against their admitted claims of approximately ₹48,000 crore. Additionally, ₹350 crore was allocated for operational creditors against their claims of ₹733 crore.
Acquisition Structure: The acquisition was executed through a wholly-owned subsidiary, Piombino Steel Ltd, which invested ₹8,614 crore via a mix of equity, optionally convertible debentures, and debt. Piombino Steel held 100% of BPSL’s equity share capital.
Strategic Objectives: The plan aimed to expand JSW Steel’s presence in eastern India, leveraging BPSL’s 2.75 million tonnes per annum (mtpa) steelmaking facility in Jharsuguda, Odisha, which included integrated facilities like blast furnaces, cold rolling mills, and galvanizing lines. JSW planned to increase BPSL’s capacity to 4.5–5 mtpa through brownfield expansions by 2024.
Implementation: JSW Steel transferred ₹19,350 crore to a Punjab National Bank account on March 26, 2021, to complete the acquisition, following approval by the Committee of Creditors (CoC) and the National Company Law Appellate Tribunal (NCLAT) in February 2020. The plan included a condition that the amount would be refunded if the Supreme Court upheld the Enforcement Directorate’s (ED) asset attachment plea.
However, on May 2, 2025, the Supreme Court rejected JSW Steel’s resolution plan, deeming it illegal and in violation of IBC provisions. The court criticized the Resolution Professional, CoC, and NCLT for failing to uphold statutory duties and approving a plan that did not maximize asset value or protect creditors’ interests. The court cited JSW’s delay in implementation and alleged misrepresentations, ordering BPSL’s liquidation under Section 33(1) of the IBC.
JSW Steel noted it was awaiting the detailed judgment to determine further actions, as the ruling disrupted its strategic growth plans in the steel sector.
- 06:50 | May 5, 2025
Stock market live updates today: US Non-Farm Employment Change
Actual: 177K
Expected: 138K
Previous: 228K
U.S. Unemployment Rate
Actual: 4.2%
Expected: 4.2%
Previous: 4.2%
(Data seen supportive for US dollar)
- 06:41 | May 5, 2025
Stock market live updates today: Stock to buy today: Sobha (₹1,315.80)
The stock of Sobha has rallied steadily over the past month. Consequently, the price is now above both 21- and 50-day moving averages and the scrip has broken out of a resistance at ₹1,280.
Stock to buy today: Sobha (₹1,315.80)
Sobha stock shows strong rally potential, buy at ₹1,315 and ₹1,280, set stop-loss at ₹1,220, book profits at ₹1,500.
- 06:39 | May 5, 2025
Stock market live updates today: Today’s Stock Recommendation: May 5, 2025
- 06:38 | May 5, 2025
Stock market live updates today: Nifty and Bank Nifty Prediction for the week 05 May’25 to 09 May’25 by BL GURU
Published on May 5, 2025
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