Business News›Markets›Stocks›Live Blog›Stock Market Highlights: Sensex settles 880 pts lower as India-Pakistan tensions escalate, Nifty below 24,050; ICICI Bank, Power Grid drop 3% each
09 May 2025 | 04:39:17 PM IST
Synopsis
Sensex Today | Stock Market LIVE Updates | Indian equity indices Sensex and Nifty dropped sharply on Friday after the army reported multiple overnight drone and munition attacks by Pakistani forces along the western border, fueling concerns of further escalation between the two nuclear-armed nations.
Sensex Today | Stock Market LIVE Updates | All 13 major sectoral indices were in the red during morning trade, while small- and mid-cap stocks saw steeper declines of 2% and 1%, respectively. The sell-off followed a Pakistani drone and missile assault late Thursday targeting military installations in Jammu and the Kashmir region, marking the second day of cross-border hostilities that have claimed nearly 50 lives so far.
Highlights of Trade
- India VIX zooms 7%
- Airline, tourism, realty stocks under pressure
- Defence, drone stocks surge
- Drone stocks rally up to 15% as high-tech sky assassins dominate conflict
- Defence stocks zoom up to 4% as India-Pak tensions flare
- L&T jumps 4% after Q4 profit rises 25% to Rs 5,497 cr
- MCX shares fall nearly 7% after reporting Q4 results
- Kalyan Jewellers jumps 3% after Q4 net profit rises 36%
- MCX shares fall nearly 7% after reporting Q4 results
Top Reads of the Day
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India’s Coforge to top $2 billion revenue target, CEO says
Indian mid-tier IT services firm Coforge is betting that a healthy order book will help it top the $2 billion revenue target for the financial year 2027, chief executive Sudhir Singh said.
The company snagged a 13-year contract valued at $1.56 billion from U.S.-based travel technology provider Sabre Corp in the previous quarter. That came at a time when larger rivals struggled to secure mega deals as macroeconomic uncertainties and tariff risks weighed on the Indian IT sector.
Coforge’s revenues for the last fiscal year stood at $1.45 billion.
FOREX NEWS| Indian Forex reserves at $686.06 bn as of May 2, down $2.06 bn on week
Swiggy Q4 Results: Operational highlights
- Food Delivery Gross Order Value (GOV): ₹7,347 crore, up 17.6% YoY from ₹6,245 crore
- Adjusted EBITDA (Food Delivery): ₹212 crore, marking 5x surge from ₹40 crore
- EBITDA Margin (Food Delivery): 2.9% of GOV from 0.5% in Q4 FY24
- Monthly Transacting Users (Food Delivery): Added 2.2 million YoY
- Swiggy Instamart’s Gross Order Value (GOV) more than doubled year-on-year to ₹4,670 cr
Federal Bank to sell 16.62 cr Yes Bank shares to SMBC at Rs 21.5/sh
Swiggy Q4 results: Loss nearly doubles to Rs 1081 crore; revenue up 45% YoY
Swiggy’s losses nearly doubled to Rs 1,081 crore in the fourth quarter, up from Rs 554 crore a year ago, even as its operational revenue rose 45% YoY to Rs 4,410 crore. Read More
Small and mid cap mutual fund inflows dip marginally, both attract over Rs 3,000 crore in April
The inflows in small and mid cap mutual funds dropped by 2% and 4% respectively on a month on month basis and the categories received an inflow of Rs 3,999 crore and Rs 3.313 crore respectively in April.
Small cap funds witnessed a decline by Rs 92.17 crore and mid cap funds saw a decline by Rs 124.90 crore in rupee terms. On a year-on-year basis, the inflows have surged by 81% and 85% for small cap and mid cap funds respectively.
SBI to offload 13.19% stake in Yes Bank to SMBC at ₹21.50 per share for ₹8,890 crore
Sector View: Realty bleeds, PSU Bank shines
Top Nifty gainers and losers in today’s session
Price as on 03.39.58 PM, Click on company names for their live prices.
Nifty below 24,050; ICICI Bank, Power Grid drop 3% each
Sensex Heatmap: 25 of 30 Sensex stocks end in the end
Sensex settles 880 pts lower as India-Pakistan tensions escalate
Stock Market LIVE Updates | Motherson Sumi Wiring Q4 Results
Stock Market LIVE Updates | Shyam Metalics Q4 Results: Revenue rises 15%, PAT nearly flat at Rs 218.75 cr
Shyam Metalics has posted a 14.78% YoY rise in its revenue for Q4 at Rs Rs 4139.36 cr in comaprison to Rs 3606.20 cr a year ago. PAT improved 1.02% YoY to Rs 218.75 cr in Q4 from Rs 216.54 cr.
Stock Market LIVE Updates | TRAI recommends satellite spectrum allotment for 5 years: Report
India’s telecom regulator on Friday recommended allocating satellite spectrum for commercial communication services for five years, with a possible two-year extension by the government. (Source: Reuters)
Sensex Today | Stock Market LIVE Updates | Chola Fin Holdings Q4 Results
- Consolidated total income is Rs.9,009 Cr as against Rs.7,158 Cr in the corresponding quarter of the previous year, registering a growth of 26%.
- The Company has achieved consolidated PAT of Rs.1,362 Cr as against Rs.1,144 Cr in the corresponding quarter of the previous year, registering a growth of 19%.
- Consolidated total income for the year ended March 31,2025 is Rs.33,460 Cr as against Rs.26,087 Cr in the corresponding period previous year, registering a growth of 28%.
Price as on 02.52.24 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Stocks at 52-week low
Jindal Saw, Ramkrishna Forgings, Schneider among top stocks trading at 52-week low today.
Sensex Today | Stock Market LIVE Updates | SENSEX CRACKS 1,000 PTS
Sensex Today | Stock Market LIVE Updates | NDR Auto Components shares defy market mood, surge 6%
- NDR Auto enters into 50-50 JV with Hayashi Telempu
- To introduce in India a range of innovative offerings
- JV has won the first order from Toyota for Ambient Lighting
Price as on 02.25.00 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Intellect Design Q4 Results; stock rises over 1%
- EBITDA is Rs 227 crore
- Profit After Tax is Rs 135 crore
- Total Income stood at Rs 749 crore
- Platform revenue is Rs 79 crore
- License revenue is Rs 174 crore
- AMC revenue is Rs 138 crore
- License-linked revenue (License + Platform + AMC) is Rs 392 crore
Price as on 02.14.07 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Sutlej Textiles and Industries Q4 Results
- Consolidated Total Income for Q4FY25 at Rs. 686 Crs; FY25 at Rs. 2699 Crs
- EBITDA for Q4FY25 at Rs. 16 Crs; FY25 at Rs. 65 Cr
FOREX NEWS | Dollar gets a weekly boost ahead of US-China trade talks
The dollar was on track for a weekly rise against most major currencies on Friday, buoyed by a U.S.-UK trade deal that lifted investor sentiment ahead of upcoming U.S.-China talks. Meanwhile, expectations of near-term Fed rate cuts eased after the central bank signaled a patient approach.
Markets are entering the weekend with all eyes on the U.S.-China trade negotiations set to begin Saturday in Switzerland.
Nifty Today | Sectoral Watch | PSU banks, consumer durables resist broader market pressure
PSU banks and consumer durables were the only two sectors trading in the green amid a broader sell-off triggered by rising border tensions between India and Pakistan.
Sensex Today | Stock Market LIVE Updates | Paisalo Digital Q4 Results; stock down 4%
- Approves NCD issuance up to Rs 9,000 crore
- Q4 net profit: Rs 46.29 crore
- Q4 total revenue: Rs 194 crore
Price as on 01.37.00 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Adani Ports, RIL, other cos with large exposure to Pakistan bordering states; stocks trade in red
- Adani Ports: Operates Mundra Port (41.7% capacity) and energy sites in Gujarat.
- Reliance Industries: Runs refinery, petrochemical, and new energy units in Gujarat.
- NHPC: 36% of capacity in Jammu & Kashmir, with more projects under development.
- Power Grid Corp: Manages substations in Gujarat/Rajasthan and $3B HVDC line in J&K.
- Vedanta: Cairn Oil Field in Rajasthan and a 2GW plant in Punjab near the border.
- Shree Cement in Rajasthan
- Tata Chemicals in Mithapur
- HPCL refinery in Rajasthan.
Price as on 01.27.10 PM, Click on company names for their live prices.
Stock Market LIVE Updates Yes Bank shares jump 8% as SBI and Japan’s SMBC close in on landmark stake sale deal
Yes Bank shares soared 8.3% to Rs 19.73 on the BSE on Friday, following reports that State Bank of India (SBI) and Yes Bank were set to finalise the sale of SBI’s stake to Japan’s Sumitomo Mitsui Banking Corp (SMBC), marking a potential milestone in India’s largest banking M&A deal. Read more.
Price as on 01.26.12 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour
Price as on 01.03.39 PM, Click on company names for their live prices.
Stock Market LIVE Updates | BEML declares 2nd interim dividend of Rs 15/sh for FY25
BEML on Friday announced a second interim dividend of Rs 15 per equity share of Rs 10 each for FY 2024-25. The record date for eligibility is set for May 15, 2025.
Stock Market LIVE Updates | Why this Israeli stock with Adani link is surging?
Shares of Israeli defence firm Elbit Systems surged after India deployed SkyStriker kamikaze drones—co-developed with Adani Group’s Alpha Design Technologies—in a series of precision strikes on Pakistan.
NASDAQ-listed Elbit Systems climbed 4.7% over two sessions—from $400.00 on May 6 to $418.97 by May 8—following “Operation Sindoor”. Read more.
Stock Market LIVE Updates | Swiggy shares fall 3% ahead of Q4 results
Shares of online food and grocery delivery platform Swiggy Ltd. fell as much as 3.4% to an intraday low of ₹303.65 apiece on the BSE ahead of its Q4 earnings on Friday.
Price as on 12.29.16 PM, Click on company names for their live prices.
Stock Market LIVE Updates | April AMFI Data : SIP inflow hits record high at Rs 26,632 cr
Mutual fund SIP inflows were at record high levels in April as the inflows surged 3% to Rs 26,632 crore against Rs 25,926 crore in March.
FOREX NEWS | RBI likely selling dollars to support Rupee: Report
The Reserve Bank of India likely stepped in through state-run banks to stabilise the rupee on Friday, as escalating India-Pakistan tensions weighed on the currency, according to four traders cited by Reuters. The rupee recovered from a session low of 85.8425 to trade at 85.50, up 0.2%.
Stock Market LIVE Updates | Dr Reddys Laboratories shares trade lower ahead of Q4 results
Price as on 12.10.00 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Why stock market is falling today?
Indian benchmark indices Sensex and Nifty50 traded lower on Friday as rising geopolitical tensions between India and Pakistan weighed on investor sentiment. The pressure followed reports of overnight drone and missile attacks along the western border. Read more.
Stock Market LIVE Updates | FMCG stocks trade in the red
Price as on 11.55.15 AM, Click on company names for their live prices.
Stock Market LIVE Updates | April AMFI Data: Equity MF inflows dip 3% MoM to Rs 24,269 crore in April
Equity mutual fund inflows dipped nearly 3% month-on-month to ₹24,269 crore in April from ₹25,082 crore in March, as investors turned to debt funds. After witnessing outflows of ₹2.02 lakh crore in March, debt mutual funds saw robust inflows of ₹2.19 lakh crore in April. Read more.
Sensex Today | Stock Market LIVE Updates | April AMFI Data
- India stock funds see Rs 24,270 cr of inflows
- MF industry net inflows at Rs 2.77 lk cr
- Net inflow at Rs 2.76 lakh cr vs outflow of 1.64 lakh cr MoM
- Total AUM at Rs 70 cr vs Rs 65.7 lk cr MoM
Market LIVE Updates | Ravi Infrabuild Projects files draft papers with Sebi to raise Rs 1,100 cr through IPO
Construction firm Ravi Infrabuild Projects Ltd has submitted preliminary papers to markets regulator Sebi for approval to raise Rs 1,100 crore through an initial public offering (IPO).
The IPO will consist solely of a fresh issue of equity shares, with no Offer-for-Sale (OFS), as per the draft red herring prospectus (DRHP) filed on Thursday. Funds raised will be used to acquire new equipment, invest in subsidiaries for debt repayment, and for general corporate purposes.
Nifty Today | Market LIVE Updates | Nifty realty index falls nearly 4%; check out the top laggards
Anant Raj, DLF shares tumble 5% each.
Price as on 11.26.10 AM, Click on company names for their live prices.
BONDS NEWS | Indian bond yields climb as traders panic sell on widening border conflict
Indian government bond yields edged higher in early trade on Friday as escalating tensions along the western border, following multiple attacks by Pakistani forces, prompted traders to reduce exposure.
The benchmark 10-year yield rose to 6.4303% by 10:40 a.m. IST, up from the previous close of 6.3976%.
Nifty Today | Sectoral Watch
- All sectors except PSU bank and consumer durables trade in red
- Nifty Realty index falls 4%
- FMCG, metal, media, pharma among other laggards
Sensex Today | Stock Market LIVE Updates | Hospitality and tourism stocks tumble up to 5%
Hotel stocks declined following Pakistan’s drone strikes across parts of Jammu and Kashmir. The attacks triggered blackouts in several districts, including Bikaner in Rajasthan and Jalandhar in Punjab, where sirens blared and residents scrambled for shelter.
Price as on 10.50.45 AM, Click on company names for their live prices.
Market LIVE Updates | Karachi Stock Exchange’s benchmark index recovers 2% after steep fall amid India-Pakistan tensions
The benchmark KSE-100 Index of the Pakistan Stock Exchange opened 1.9% higher on Friday, recovering from a sharp 7.6% plunge the previous day that triggered a one-hour trading halt due to extreme volatility.
As of 10:10 am IST, the index was trading at 105,467.7, up 1,940.9 points, as investors cautiously returned after two days of heavy selling sparked by Operation Sindoor.
Under normal circumstances, on a day like this, the market would have suffered deep cuts. But this is unlikely due to two reasons. One, the conflict, so far, has demonstrated India’s clear superiority in conventional war fare, and therefore, further escalation of the conflict will inflict huge damage to Pakistan. Two, the market is inherently resilient supported by global and domestic macros. Weak dollar and potentially weakening US and Chinese economies are good for the Indian markets
– VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
GLOBAL MARKETS | China stocks wobble on looming Sino-US trade talks; HK shares flat
China and Hong Kong stocks struggled to gain traction on Friday, trimming the week’s rise, as investors awaited the upcoming trade talks between the world’s two largest economies.
At the midday break, the Shanghai Composite index declined 0.3% to 3,343.38 points and the blue-chip CSI300 index weakened 0.2% after trading in a narrow range in the morning session.
Sensex Today | Stock Market LIVE Updates | Drone stocks rally up to 14% as high-tech sky assassins dominate India-Pakistan conflict
ideaForge Technology shares surge 14%, Droneacharya Aerial 5%
The surge in drone-related stocks came after India’s air strikes on Thursday morning, signaling a major shift from targeting terrorist camps to direct military-on-military action.
Price as on 10.13.39 AM, Click on company names for their live prices.
SENSEX SLUMPS 900 PTS: HDFC Bank, ICIC Bank top drags
Sensex Today | Stock Market LIVE Updates | SENSEX SLUMPS 800 PTS
Sensex Today | Aviation stocks slide up to 5% as 27 airports shut to civilian flights amid security concerns
The Ministry of Civil Aviation has shut down 27 airports for civilian flights amid escalating military tensions, impacting key hubs such as Chandigarh, Srinagar, Amritsar, Jodhpur, Bhuj, and Jammu.
Airlines have issued travel advisories, urging passengers to reach airports early due to tightened security. IndiGo, which cancelled 165 flights on Wednesday, advised travelers to allow extra time for their journeys. Air India has rerouted its international flights away from Amritsar.
Price as on 09.52.46 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Volatility index, India VIX jumps 6%
Sensex Today | Stock Market LIVE Updates | Defence stocks shoot up over 5% as India-Pak tensions escalate
Defence stocks drew investor attention following reports that the Modi government has scheduled a meeting with defence manufacturers next week. When asked if the government had requested increased production amid growing tensions with Pakistan, Bharat Forge Chairman and MD Baba Kalyani told CNBC TV18, “We’ve been called to Delhi next week. Our team is going. I can’t say more.”
Price as on 09.40.26 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Titan Company shares surge over 4% after posting 13% YoY jump in Q4 net profit
The company posted a 13% year-on-year increase in consolidated net profit for the fourth quarter, reaching Rs 871 crore compared to Rs 771 crore in the year-ago period.
Price as on 09.33.16 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sensex slumps over 600 pts
Sensex Today | Stock Market LIVE Updates | Earnings Impact
Titan Company, L&T shares gain 4% each; Zee Ent rises marginally.
Price as on 09.28.05 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Power Grid, Tata Steel among top laggards in opening trade
Price as on 09.24.14 AM, Click on company names for their live prices.
FOREX NEWS | Rupee falls in early trade
Rupee falls 30 paise to 85.88 against US dollar
Sensex Today | Stock Market LIVE Updates | Top Movers
Zee, BEL among top movers in morning trade.
Price as on 09.20.11 AM, Click on company names for their live prices.
Opening Bell: Sensex tanks over 500 pts, Nifty below 24,100; Asian Paints, Eternal drop 2% each
Market LIVE Updates | Sensex tumbles over 1,300 pts in pre-open session; Nifty below 24K
Sensex Today | Stock Market LIVE Updates | Crisil Ratings places IndusInd Bank on rating watch with negative implications
Crisil Ratings has placed IndusInd Bank’s long-term debt instruments on rating watch with negative implications, including ₹4,000 crore in Tier 2 bonds and ₹1,500 crore in infrastructure bonds, both rated AA+. Meanwhile, the bank’s short-term rating has been reaffirmed at A1+.
Sensex Today | Stock Market LIVE Updates | Promoter ownership in India’s top 500 companies hits record low of 49.5%
Promoter ownership in India’s top 500 companies dropped to a record low of 49.5% in the March quarter. This decline was driven by high share valuations and strong investor demand, prompting many company founders to reduce their stakes over the past year.
Sensex Today | Stock Market LIVE Updates | Can M&M maintain its growth momentum with new product launches?
Mahindra & Mahindra (M&M) shares have climbed 4% over the last four trading sessions, outperforming the BSE Auto index’s 1.6% rise, following the company’s robust March quarter results.
Sensex Today | Stock Market LIVE Updates | Rupee faces worst single-day loss since February amid growing border conflict
The rupee suffered its steepest single-day decline since February 2023 on Thursday, with the sell-off intensifying in the late afternoon amid rising fears that the ongoing border conflict with Pakistan could escalate and spread beyond current expectations.
Sensex Today | Stock Market LIVE Updates | Will the escalating India-Pakistan conflict continue to rattle stock market?
India’s Volatility Index (VIX), often referred to as the market’s fear gauge, surged over 10% on Thursday—its sharpest single-day jump in a month—as a late-session sell-off in equities reflected growing trader anxiety over potential escalation in the India-Pakistan military standoff.
Sensex Today | Stock Market LIVE Updates | Stocks in news: Swiggy, Dr Reddy’s, Titan, ZEE, Paytm, L&T
Markets saw volatile movement on the weekly expiry day and closed down by 0.5%. In today’s session, stocks like Swiggy, Dr. Reddy’s, Titan, ZEE, Paytm, and L&T will be in the spotlight amid key news flows and Q4 earnings announcements.
Sensex Today | Stock Market LIVE Updates | Dollar eyes weekly rise into US-China trade talks
The U.S. dollar was on track for a weekly gain against most major currencies on Friday, supported by optimism over a U.S.-UK trade deal and fading expectations of near-term Federal Reserve rate cuts. Investor focus now shifts to key U.S.-China trade talks set to begin Saturday in Switzerland.
Sensex Today | Stock Market LIVE Updates | GIFT Nifty (Earlier SGX Nifty) signals a gap-down start
GIFT Nifty on the NSE IX traded lower by 219.50 points, or 0.91 per cent, at 23,972, signaling that Dalal Street was headed for gap-down start on Friday.
Sensex Today | Stock Market LIVE Updates | Gold firms on dip buying; US-China trade talks in focus
Gold prices edged higher on Friday as investors resumed buying after a previous session’s dip, with attention turning to the upcoming U.S.-China trade talks this weekend.
Spot gold increased by 0.1% to $3,309.39 per ounce as of 0024 GMT.
Sensex Today | Stock Market LIVE Updates | US stock indexes extend gains after Trump announces UK trade deal
U.S. stock indexes continued to rise on Thursday following President Donald Trump’s announcement of a trade agreement with the UK—his first since suspending tariffs in April. Under the deal, Britain will reduce its tariffs from 5.1% to 1.8% and increase market access for American products, while the U.S. will maintain a 10% base tariff on UK imports.
Sensex Today | Stock Market LIVE Updates | Forex News
The euro fell 0.1% to $1.1214
The Japanese yen fell 0.2% to 146.17 per dollar
The offshore yuan was little changed at 7.2447 per dollar
Sensex Today | Stock Market LIVE Updates | Global Markets Watch
- S&P 500 futures fell 0.2% as of 9:22 a.m. Tokyo time
- Japan’s Topix rose 1.1%
- Australia’s S&P/ASX 200 was little changed
- Euro Stoxx 50 futures rose 1.2%
