Highlights

 Markets remained almost flat with Nifty 50 up 0.05% and the Sensex up 0.32%. Among sectors, NIFTY Oil & Gas performed the best, rising nearly 0.73%, while Nifty Consumer Durables saw the biggest drop, falling over 1%.

Headline Indices

Sectors at a Glance

*Prices shown may have delay up-to 15 minutes

What moved the market?

*Prices shown may have delay up-to 15 minutes

India VIXINDIA VIX18.26 +0.22%

Nifty Midcap 150NIFTY MIDCAP 150₹19,738.10 -0.68%

Nifty Smallcap 250NIFTY SMLCAP 250₹15,354.35 -0.03%

Put Call Ratio of Nifty 50 (expiry: 08th May) is 0.69

Stocks In the News

RailTel Corporation of India Ltd.RAILTEL₹316.00 +6.74%

RailTel shares jumped 12% on May 2 after the company reported a 57% YoY rise in Q4 revenue to ₹1,308 crore and a 46% surge in net profit to ₹113.45 crore.. Project services revenue nearly doubled, lifting overall performance despite slightly lower margins.

Godrej Properties Ltd.GODREJPROP₹2,249.30 +4.06%

Godrej Properties shares surged after the company surpassed all FY25 targets and guided for ₹32,500 crore in bookings for FY26. It also crossed ₹10,000 crore in quarterly bookings for the first time.

MOIL Ltd.MOIL₹338.70 +7.25%

MOIL shares surged after the company reported a 30% YoY rise in FY25 profit at ₹381.6 crore, with Q4 PAT up 27% to ₹115.7 crore. Revenue grew 9% for the year, while manganese ore and ferro manganese sales hit record highs.

Maruti Suzuki India Ltd.MARUTI₹12,406.00 +1.22%

Maruti Suzuki shares rose after reporting a 7% YoY jump in April sales to 1.79 lakh units. Growth was led by compact cars and utility vehicles, while mini car sales dropped. Production also rose across key models, with compact segment output up 7% YoY and utility vehicles up nearly 19%.

Godrej Agrovet Ltd.GODREJAGRO₹665.45 -13.61%

Godrej Agrovet shares fell after the company reported a consolidated FY25 revenue of ₹9,383 crore, slightly lower than last year. For Q4, revenue held steady at ₹2,134 crore, while EBITDA and profit before tax declined marginally to ₹160 crore and ₹74 crore, respectively.

India & The World
  • India inaugurated its first deepwater transhipment port, Vizhinjam, built for ₹8,867 crore under a PPP model with Adani Ports. The port aims to cut foreign dependency by handling large cargo ships and redirecting transhipment from ports like Colombo and Singapore.
  • India’s factory activity hit a 10-month high in April, with the manufacturing PMI rising to 58.2. Strong domestic and overseas demand drove new orders, job creation, and selling prices.
  • India, in talks with the EU, stressed that addressing non-tariff barriers is as vital as lowering import duties for a balanced free trade agreement. Both sides aim to conclude the FTA by end-2025, with monthly negotiations to continue and the next round set for May 12–16.
Back to Basics

What is the Current Account Deficit?

The current account tracks a country’s trade in goods and services, income from abroad, and transfers like remittances. When we import more than we export, we run a current account deficit.

A higher deficit means:

  • More dollars are going out than coming in
  • Pressure on the rupee and forex reserves

For India, a rising deficit can make the economy more vulnerable to global shocks and impact investor confidence.

IPO Corner

SME IPO

CompanyDateIssue PriceMinimum Investment
Srigee DLMOpens on May 5, 2025, and closes on May 7, 2025₹94 to ₹99 per share₹1,12,800

Manoj Jewellers
Opens on May 5, 2025, and closes on May 7, 2025₹54 per share₹1,08,000
Corporate Actions 
StockEx-DateRecord DateEvent TypeEvent Details
Oberoi Realty05 May 202505 May 2025Interim Dividend ₹2.00
PTC India05 May 202505 May 2025Interim Dividend₹5.00