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Mumbai, May 9, 2025 – The Indian stock market is set for a turbulent trading session today as geopolitical tensions escalate between India and Pakistan, creating a war-like scenario. At around 6:45 AM IST, GIFT Nifty traded 216 points lower at 23,972, signaling a weak opening for domestic indices. The Sensex and Nifty, which closed slightly higher on May 7 despite volatile trading, are expected to face pressure as investors react to Operation Sindoor and ongoing border clashes.
Adding to the market’s focus are Q4FY25 earnings from major companies, along with significant corporate updates and analyst recommendations. Here’s a closer look at today’s key market developments:
Market Sentiment and Geopolitical Impact
Despite India’s missile strikes on terror hideouts in Pakistan and Pakistan-Occupied Kashmir under Operation Sindoor, the Indian stock market has shown resilience. On May 7, the BSE Sensex gained 105.71 points, closing at 80,746.78, while the Nifty 50 rose by 34.80 points to reach 24,414.40. However, Thursday saw a downturn, with the Sensex falling 412 points and Nifty dropping below 24,300 amid broad-based selling in auto, metal, and power stocks.
Market sentiment remains mixed, as some analysts point out that Indian indices are holding up better compared to Pakistan’s KSE-100, which plunged 10% over two days, while India’s decline remained at just 0.4%. Traders are advised to adopt hedging strategies and stay cautious, as the market could bottom out today or early next week if tensions ease. However, prolonged escalation may increase volatility, with 23,800 acting as a critical support level for Nifty.
Q4FY25 Results to Watch (May 9, 2025)
Several companies are set to release their March quarter results today, drawing investor focus. Key names include ABB India, Dr Reddy’s Laboratories, Swiggy, Bank of India, KPR Mill, Thermax, Cholamandalam Financial Holdings, Motherson Wiring, Shyam Metalics, Navin Fluorine, Grindwell Norton, Manappuram Finance, and more.
Analysts are particularly watching Dr Reddy’s Laboratories, expected to report up to 12% YoY PAT growth, driven by its generics business, and Swiggy, which has seen a 6% stock surge despite being down 40% year-to-date.
Analyst Recommendations
Analysts remain bullish on Larsen & Toubro (L&T) following strong Q4 results, with target prices raised to Rs 3,922–4,115. Titan’s Q4 profit of Rs 870 crore also exceeded estimates, though some brokerages remain cautious. Conversely, Pidilite and Britannia have seen target price cuts due to caution around performance metrics.
Stock Highlights
Positive Performers: EPL Limited, Kalyan Jewellers, Biocon, Coal India, Tata Motors, Adani Power/Green
Neutral Outlook: REC Limited, PayTM, M&M Finance
Negative Updates: Gensol Engineering, HCC, Escorts
Outlook
While geopolitical risks persist, Indian markets are expected to remain resilient unless trade disruptions or significant FII outflows occur. Analysts recommend focusing on fundamentally strong stocks, particularly in auto, metal, and infrastructure sectors, while maintaining risk management through disciplined hedging.
Disclaimer: The information provided is based on data and sentiment as of May 9, 2025. Investors should perform due diligence before making investment decisions.
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