
Research Report on Equity Markets May 02, 2025
Market Summary :
Indian benchmarks closed flat on Wednesday but wrapped up a strong month, with both the Nifty 50 and Sensex logging monthly gains on expectations of a U.S.-India trade deal and renewed foreign inflows. The Nifty 50 fell 0.01% to 22,334.2 and the BSE Sensex lost 0.06% to 80,242.24 on Wednesday. For April, the Nifty and Sensex gained 3.5% and 3.7%, respectively. Daily moves were muted as HDFC Bank offset pressure from tensions with Pakistan. Banks and financials led monthly gains, helped by stable earnings from key constituents and foreign inflows. Meanwhile, the IT index fell 3% in April, logging declines for the fourth month in a row – its longest losing streak since October 2016.
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