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Indian Developments
During the week ending May 2, 2025, the Indian stock market experienced notable movements and impacts, both indices Nifty 50 and Sensex showed positive performance. The IT and Digital sectors were the top gainers, driven by value buying by FII at lower levels.
FPIs were net buyers, injecting around $2,040 million into Indian equities This influx was driven by strong corporate earnings and optimism around India's economic prospects amidst despite the market correction triggered by geopolitical tensions following the Pahalgam attack.
Crude oil prices fell to their lowest levels since April 2021, driven by trade policy uncertainty and increased supply. Gold prices dropped by 2% this week amid strong US dollar.
For the week ending May 2 ,2025, the Nifty 50 and Nifty Midcap 150 indices recorded gains of 1.28%,0.22% respectively. While Nifty Small Cap 250 experinced loss of 1.09%.
Sectoral Developments
The stock markets saw significant gains during the week ending May 2, 2025, with Nifty Defense, Oil and Gas , Realty and Auto leading the sectors, surging by 5.99%, 4.38%, 2.58% and 1.33% respectively driven by declining crude oil price, lower interest rates, strong Q4 earnings, geopolitical tensions.
This was followed by gains in Nifty IT (0.93%), Nifty Energy (0.54%), Nifty Pharma (0.64%)and Nifty Bank (0.83%). On the other hand, sectors like Nifty FMCG, Consumer Durables, Metal, Capital Markets recorded declines over the week.
Global Developments
The global stock markets exhibited gains during the week, driven by corporate earnings, geopolitical tensions, and macroeconomic factors.
The three major U.S. stock indexes experienced significant gains, driven by the easing of U.S. policies on China tariffs and stronger-than-expected quarterly earnings, with the Nasdaq leading the charge.
Major Indices closed higher for the week ended on 2nd May 2025. US indices, include S&P 500 index ,and Dow Jones advanced by 2.18%, 1.64% respectively and Nasdaq 100 led the rally with an impressive surge of 2.99%. European Markets FTSE 100 and Nikkei 225 increased by 1.07% and 4.03% respectively bolstered by strong performance. Asian Market Kospi upsurged by 1.25% while Hang Seng and Shanghai fell by -0.23% and -0.45% respectively reflecting cautious recovery amid mixed economic indicators.
Other Markets:
Source: www.nseindices.com; google finance, MCX Gold Prices; www.rbi.org.in; Morningstar and tradingeconomics.com, ccilindia.com, Economic times
Data for week ended on May 2nd , 2025.
Disclaimers:
The views and investment tips expressed by experts are their own and are meant for informational purposes only and should not be construed as investment advice. Investors should check with their financial advisors before taking any investment decisions.
The word ‘more’ does not imply more returns or assurance of scheme performance.it refers to the additional value provided by the joint venture, as compared to Baroda AMC and BNP Paribas AMC individually.
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