- Sensex closed at 80,641.07, down 155.77 points (-0.19%)
- Nifty ended at 24,379.60, down 81.55 points (-0.33%)
Volatility ticked up too, with the India VIX rising 3.6% to close at 19.
Broader markets underperformed:
- Nifty Midcap 100 fell 2.27%
- Nifty Smallcap 100 fell 2.5%
So far in 2025:
- Midcap index is down 6.5%
- Smallcap index is down 13.5%
Despite some global uncertainties, experts suggest strong FII inflows, a soft dollar, falling inflation, and a supportive RBI policy are holding up the market. However, geopolitical risks like the India-Pakistan tensions may keep the markets range-bound.
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Impact on the stock market
Almost all sectoral indices ended in the red, barring auto.
- Media, Energy, Consumer Durables: -1.68% to -2.15%
- Pharma, Metal, Infrastructure: -0.7%
- Auto Index: The only sector to close in the green
| Sector/Index | Performance |
| IT & BPM sector | -0.34% |
| Healthcare sector | -0.56% |
| Oil & Gas sector | -1.79% |
| Real estate sector | -3.58% |
| PSU Bank in India | -4.84% |
Top gainers today
| Company | Price (in ₹) | Change % |
| Hero Motocorp Share Price | 3,872.60 | 2.79 |
| Bharti Airtel Share Price | 1,901.00 | 1.88 |
| Tata Steel Share Price | 144.44 | 1.66 |
| M&M Share Price | 3,068.40 | 1.55 |
| HUL Share Price | 2,381.80 | 1.41 |
Top losers today
| Company | Price (in ₹) | Change % |
| Adani Enterpris Share Price | 2,354.00 | -4.13 |
| Jio Financial Share Price | 251.20 | -3.61 |
| Eternal Share Price | 232.64 | -3.03 |
| Trent Share Price | 5,224.00 | -2.73 |
| SBI Life Insura Share Price | 1,726.00 | -2.48 |
Market aftermath: Impact on stocks
Bank of Baroda tumbles 11% after earnings disappoint
Bank of Baroda shares plunged after the bank reported a mixed Q4:
- Net Profit: ₹5,048 crore, up just 3.2% YoY
- Net Interest Income (NII): ₹11,019 crore, down 7% YoY
- Provisions: ₹1,551 crore, up from ₹1,302 crore YoY
Higher provisions and weak core earnings spooked investors despite a rise in total income to ₹35,852 crore.
Bharti Airtel hits record high
Bharti Airtel hit a new high of ₹1,912 during the session before settling slightly lower. The stock is up:
- 13% in the past month
- 19% YTD in 2025 (compared to a 2.7% rise in the Sensex)
Investors are optimistic ahead of its May 13 earnings announcement. Recent initiatives like “Business Name Display” and the SpaceX-Starlink partnership have also improved sentiment.
CCL Products surges over 15% on strong Q4 results
Shares of CCL Products jumped over 15% after the company posted robust quarterly numbers:
- Q4 Net Profit: ₹101.9 crore, up 56.35% YoY
- Revenue: ₹836 crore, up 15% YoY
The spike was driven by strong demand and improved operational efficiency.
Crude oil impact:
India’s diesel exports fell to 1.15 million metric tons in April 2025, their lowest since February 2012. Key reasons:
- Reliance Industries cut refining output for maintenance
- MRPL sold only one export cargo; others likely diverted domestically
- High domestic demand encouraged refiners to prioritise local supply
As a result, spot premiums in Asia surged to their highest in over three months. Exports are expected to bounce back to ~2 million tons in May, though MRPL maintenance could limit some upside.
Conclusion:
The markets were clearly jittery ahead of global and domestic events. With the US Fed decision around the corner and stake news buzzing around Yes Bank, short-term volatility may persist. Broader market weakness and sector-specific disappointments (like BoB and realty) show that it’s not an all-clear rally yet.
For now, Nifty has support around the 24,000–23,800 range. Investors and traders should remain cautious and avoid chasing rallies blindly.
For more stock market insights, check out the StockGro blog.
