Research Report on Equity Markets May 09, 2025

Market Summary :

Indian shares fell on Thursday in their most volatile session in a month after the country said it “neutralized” attempts by Pakistan to “engage” several military targets in its northern and western regions. The Nifty 50 settled 0.58% lower at 24,273.8 and the BSE Sensex fell 0.51% to 80,334.81 after struggling for direction in the early part of the day. Indian forces targeted air defence radars and systems at a number of locations in Pakistan, they said late afternoon, while Pakistan’s military said it had shot down 25 Indian drones. The volatility index, often called the “fear” gauge, jumped to 21.01, its highest closing level since April 9. Tensions between the two neighbours have been on the rise since attacks on Hindu tourists in Kashmir last month.

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