May 6, 2025
Indices
Note :
- 'Open' prices are based on pre-market indicators and may differ slightly at actual market open.
- Traders are advised to wait for the first 30 minutes of trading to gauge market direction more accurately.
- Always use proper risk management techniques, especially on days with higher volatility.
Top Gainers and Losers : 05-05-2025
Top Gainers
Top Losers
Note :
- Last Price and Change are as of market open.
- Volume represents the number of shares traded in the first 15 minutes of trading.
- 52-Week High and Low are based on the previous trading day's close.
Global Markets Overview: Positive
Major global indices are showing positive trends, indicating a favorable environment for Indian markets.
- U.S. Markets: Nasdaq CFD closed up by -0.74%, S&P 500 CFD index lost by -0.64%.
- European Markets: DAX up by 1.1%, FTSE increased by 0.0%.
- Asian Markets: Shanghai Composite rose by 0.7%, Jakarta Composite index up by 0.69%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
24,346.70
Previous Day Change:
114.45 (0.47%)
Intraday Supports:
N/A
Intraday Resistances:
N/A
- NIFTY50 is consolidating after an initial sharp rise and decline
- Immediate support is at 24,420, with strong resistance around 24,520
- Significant volume spike during the recent drop suggests selling pressure
- If momentum shifts positively, a breakout above 24,520 could indicate a bullish move
Bank Nifty Outlook
#StreetOpen
Previous Close:
55,115.35
Previous Day Change:
-195.85 (0.36%)
Intraday Supports:
54,458.17
Intraday Resistances:
55,576.17
- Bank Nifty is currently in a downtrend showing lower highs and lower lows
- Key support is around 54,800, with resistance near 55,100
- Noticeable volume spike with a selloff on the last trading day, indicating increased selling pressure
- Potential bearish movement if the support at 54,800 is breached convincingly
Previous Day's Market Breadth
Total Advancing Stocks
0
Total Declining Stocks
0
Advance-Decline Ratio
inf
Get daily predictions and stock updates
Market Breadth
Advancing Sectors
17
Declining Sectors
3
Advance-Decline Ratio
5.667
Sector Rotation Analysis
Key Sector Trends
Finance
FIIs and DIIs continue to show strong buying interest, with DIIs net buying Rs 2.12 lakh crore worth of shares.
Healthcare
US ramps up domestic pharmaceutical manufacturing with new executive order to reduce approval times.
FMCG
HDFC Securities notes continued earnings downgrades in consumer staples and discretionary sectors.
Capital Goods
L&T expects revenue and net profit to rise due to strong order inflow.
Pre-Market News
- Nifty 50 Index:GIFT Nifty signals a flat to positive start; US markets fall.
- S&P 500:FIIs and DIIs continue buying spree with significant equity purchases.
- S&P 500:Broader markets outperform benchmarks with strong midcap gains.
Stocks to Watch
DCM Shriram
Q4 net profit up 51.9% at Rs 178.9 crore Vs Rs 117.8 crore, YoY
Paras Defence
Company signs MoU with Israel-based Hevendrones
Zee Media
Q4 net loss at Rs 36.8 crore versus Rs 6.5 crore, YoY
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About Author
Santhosh Kumar V.
Founder, CEO Streetgains
Santhosh is a technical analyst, market researcher, educator and trader with 10+ years of experience. He is an expert in the area of patterns, price and time analysis as it applies to futures, Forex, and stocks.
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