
Research Report on Equity Markets May 06, 2025
Market Summary :
India’s equity benchmarks rose on Monday, aided by persistent foreign buying amid hopes of a U.S. trade deal, while a drop in oil prices helped buoy energy-related stocks. The Nifty 50 closed up 0.47% at 24,461.15 and the BSE Sensex gained 0.37% to 80,796.84. The benchmarks logged their longest weekly winning streak so far in 2025 on Friday, helped by renewed optimism over a potential India-U.S. trade deal. Foreign portfolio investors (FPI) scooped up shares worth 401.47 billion rupees ($4.8 billion) over the last 12 sessions – the longest streak in two years. The oil and gas index rose 1.7%, boosted by lower oil prices after OPEC+ decided over the weekend to speed up oil supply hikes. Shares of state-run oil refiners BPCL, Indian Oil and HPCL climbed 3.2%, 3.7% and 6.4%, respectively.
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