
Research Report on Equity Markets May 07, 2025
Market Summary :
India’s equity benchmark indexes inched lower on Tuesday, dragged by financials as investors booked profits after recent gains, while weak earnings from state-run Bank of Baroda also weighed. The Nifty 50 fell 0.33% to 24,379.6 and the BSE Sensex lost 0.19% to 80,641.07. The broader, more domestically focussed small-caps and mid-caps lost about 2.5% and 2.3%, respectively. The benchmarks jumped about 10% in March and April, driven by financials on the back of better-than-expected earnings and inflows from foreign investors. Barring auto, all the other major sectors logged losses. M&M rose 1.6%, leading the gains among auto stocks, as brokerages see re-rating prospects for the shares, driven by anticipated margin expansion and growth in the sport utility vehicle market. The pharma index lost 1.1% after U.S.
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