Research Report on Equity Markets May 07, 2025
Market Summary :
India’s equity benchmarks ended little changed on Wednesday, coming off early losses, as rising geopolitical tension between India and Pakistan offset expectations of easing global trade tensions. India attacked Pakistan and Pakistani Kashmir on Wednesday and Pakistan said it had shot down five Indian fighter jets in the worst fighting in more than two decades between the nuclear-armed enemies. The benchmark Nifty 50 and Sensex closed 0.1% higher each at 24,414.4 and 80,746.78, respectively, on the day. The 50-stock index had opened 0.6% lower, while the Sensex had slipped 0.9% at open. Eleven of the 13 major sectors logged gains. The broader small-caps and mid-caps added 1.4% and 1.6% on the day, respectively.
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