Nifty, Sensex, Bank Nifty Under Pressure – Thursday Market Report
Moneylife Digital Team 08 May 2025
On Thursday, 1338 stocks advanced, 2559 declined and 135 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.52 indicating a negative closing in the broader market. The market was moving sideways throughout the day until the war-like situation with Pakistan escalated. The trend of the major indices on Thursday’s trading is given in the table below.
 
 
On NSE, 26 securities advanced and closed at a new 52-week high whereas 52 securities sank to close to their new 52-week lows.  In sectoral indices, Nifty IT and Nifty Media were among the biggest gainers. Nifty Metal, Nifty Auto and Nifty Pharma were among the biggest losers.
 
Lupin (-2.73%) announced that it has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Raltegravir Tablets USP, 600 mg indicated for use in combination with other antiretroviral agents for the treatment of human immunodeficiency virus (HIV-1) infection in adult and pediatric patients weighing at least 40 kg.
 
National Stock Exchange of India (NSE) has announced that it will introduce futures and options (F&O) contracts on three additional securities: Piramal Pharma (-3.57%) , Fortis Healthcare (-2.93%), and UNO Minda (-0.44%). 
 
Reliance Industries (+0.07%) withdrew its application for a trademark on "Operation Sindoor," the codename for India's strike against terrorist bases in Pakistan and Pakistan-occupied Kashmir. The company had initially applied for the trademark, stating its intention to use it for entertainment purposes, including the production, presentation, and distribution of audio, video, or still and moving images. However, a strong backlash led Reliance to retract the application, blaming the patent filing on a junior executive without proper authorization. 
 
Adani Ports and Special Economic Zone (APSEZ) (-0.38%) announced its strategic intent to expand its operations into new international markets, specifically targeting Vietnam, the Philippines, Indonesia, and the Middle East. The company aims to leverage its expertise in ports and logistics to foster growth in these regions. In a related development, APSEZ is also focusing on refinancing its upcoming debt obligations. The company has Rs9,034 crore of debt due in the current fiscal year (FY26) and anticipates a similar amount maturing in FY27 and FY28. 
 
In Q4FY24-25, Route Mobile (-1.70%) sales increased by 15.54% y-o-y to reach Rs1,175 crore, while operating profit decreased by 2.40% y-o-y to reach Rs122 crore and Net profit decreased by 15.65% y-o-y to reach Rs60.3 crore.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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