07th May 2025 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24379.60 (-0.33%)

Indian Armed Forces launched ‘OPERATION SINDOOR’, hitting terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir
Benchmark indices Nifty and Sensex ended with cuts on May 6
Snapping a two-day gaining streak, as 12 out of 13 sectoral indices traded lower
The broader market also felt the pinch and fell more than the frontline indices in the afternoon
Volatility flared up as the India VIX rose 3.6 percent to close at 19
Sensex was down 155.77 points or 0.19 percent at 80,641.07
Nifty was down 81.55 points or 0.33 percent at 24,379.60
Midcap 100 and Smallcap 100 indices underperformed the frontline indices with losses of 2.27 and 2.5 percent each
Sectorally, barring Nifty Auto, all indices ended lower. PSU banks led the decline with a sharp 5 percent drop
Media, energy, oil & gas, and consumer durables also registered significant losses, each down between 1.68 and 2.15 percent
The pharma, metal, and infrastructure indices slipped over 0.7 percent
While private banks, IT, and FMCG recorded relatively milder losses
M&M shares closed 1.2 percent higher, a day after declaring its Q4 earnings
Bank of Baroda shares plunged 11 percent after the lender reported a weak set of numbers for the March quarter
FIIs extended their buying on 14th day as they bought equities of Rs 3,784 crore on May 6
Domestic institutional investors (DIIs) turned net buyers as they sold equities of Rs 1,397 crore on same day.
On Wall Street, the Dow Jones Industrial Average fell 389.83 points, or 0.95%
S&P 500 fell 43.47 points, or 0.77%, to 5,606.91
Nasdaq Composite fell 154.58 points, or 0.87%, to 17,689.66.
The US 10-year Treasury yield rose 2 basis points each at 4.31 percent
Confirmation of US & China trade talks
Gold extends rally to over +3.5% on the day as India attacks Pakistan
Asian markets were set to higher opening
Nikkei at flat and Hangseng up 1.15%