POST-MARKET SUMMARY 5th May 2025

On May 5, the markets closed at their highest levels for 2025, supported by sustained foreign institutional inflows and a positive shift in sentiment driven by falling crude oil prices. Additionally, the expectation of easing inflation is adding stability to bond markets, despite some recent ups and downs.

As for sector performance, all sectoral indices, except for Banks, closed in the green today. Auto led the way with a 1.9% gain, followed by Oil & Gas with a 1.7% uptick. Pharma rose by 0.7%, and the IT sector gained 0.3%. 

NIFTY: The index opened 73 points higher at 24,419 and made a high of 24,526 before closing at 24,461. Nifty has formed a small-bodied bullish candlestick pattern on the daily chart. Its immediate resistance level is now placed at 24,530 while its immediate support is at 24,370.

BANK NIFTY: The index opened 50 points lower at 55,065 and closed at 54,919. Bank Nifty has formed an inverted hammer candlestick pattern on the daily chart. Its immediate resistance level is now placed around 55,350 while immediate support is around 54,550.

Stocks in Spotlight 

▪  Adani Enterprises: Stock jumped over 7%, driven by reports that close associates of the chairman met with U.S. administration officials to request the dismissal of criminal charges related to a bribery investigation.

▪  Mahindra & Mahindra: Stock climbed more than 3% following strong quarterly results, with revenue increasing by 25% year-on-year and margins expanding.

▪  Kalyani Steels: Stock surged nearly 10% after the firm’s Q4 net profit jumped 27% to Rs 79.2 crore while revenue climbed 8% YoY to Rs 544.3 crore.

Global News

▪  Several major markets, including those in Britain and much of Asia, were closed on Monday for holidays. In Europe, Germany’s DAX gained 0.4%, while France’s CAC 40 slipped 0.4%.

▪  Oil prices saw a sharp decline on Monday, with US benchmark crude dropping as much as 4% before recovering slightly. Brent crude also fell by $1.14, ending at $60.15 per barrel.

▪  Gold surged to $3,280 per ounce on Monday, buoyed by a softer dollar ahead of the upcoming US Federal Reserve meeting.

This document has been issued by Liquide Solutions Private Limited for information purposes only and should not be construed as

i) an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or

ii) an offer to sell or a solicitation or an offer for the purchase of any of the baskets of Liquide Solutions; or

iii) investment research or investment advice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may or may not be realized. In no event shall Liquide Life Private Limited and/or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information/opinion herein.

With Liquide, you can explore stocks, trade securely in your own broker account, and receive expert-recommended trade setups. Stay updated with real-time tracking, market commentary, and AI-powered insights from LiMo, our intelligent bot. Whether you're a seasoned investor or a newbie, Liquide provides the tools you need to discover your next big investment opportunity. Download the app now from Google Play Store and Apple App Store to revolutionize your investment journey. Don't miss out on the chance to level up your investing game with Liquide.