Indian Stock Market Ends Mixed Amid Geopolitical Tensions and Sectoral Divergences

Indian Developments

For the week ending on 9th May 2025, the Indian stock market experienced a mix of gains and losses across various sectors and indices, influenced by geopolitical and economic factors, as well as profit booking during the week.

The FOMC's limited cues on tariff-driven inflation risks reflected the complexity and uncertainty surrounding the impact of tariffs imposed by the US on the economy.

For the week ending May 9 ,2025, the Nifty 50 and Nifty Midcap 150 indices decreased by 1.39%,0.72% respectively. While Nifty Small Cap 250 experienced a loss of 1.78%.

Sectoral Developments

Major sectors declined from the previous week, with the most significant losses seen in Nifty Realty (6.56%), followed by Nifty PSU Bank (4.39%), Nifty Pharma (2.57%), and Nifty Financial Services (2.54%). Nifty Auto demonstrated resilience amid escalating tensions, gaining 1.53%, while Nifty Defense saw a modest increase of 0.72%.

US Tariffs on imported pharmaceuticals, escalating geopolitical tensions led to sell offs among the sectors.

Global Developments

The global stock markets were volatile during the week, driven by trade negotiations , mixed economic data from US including job growth and GDP figures, better than expected corporate earnings from large cap tech companies and FED’s stance on tariffs and economic growth.

US indices, include S&P 500 index ,Dow Jones and Nasdaq 100 advanced by 1.07%, 1.51%,0.51% respectively. European Markets FTSE 100 and Nikkei 225 increased by 0.51% and 1.31% respectively. Asian Market Kospi and Hang Seng and Shanghai upsurged by 0.90%,2.77% and 2.23% respectively bolstered by positive economic data and strong corporate earnings.

Other Markets:

• Brent crude prices increased to around $ 64.04 per barrel.
• The rupee was appreciated to 85.375 levels against the US dollar on the back of RBI intervention.
• The Gold spot price stood at ~Rs 96,061- per 10 grams, up by 3% from previous week,
• The 10 Year Benchmark G-Sec yield closed at 6.378% this week.

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 9 , 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.

In the preparation of the material contained in this document, Baroda BNP Paribas Asset Management India Ltd. (“AMC”) (formerly BNP Paribas Asset Management India Private Limited) has used information that is publicly available, including information developed in-house. The AMC, however, does not warrant the accuracy, reasonableness and/or completeness of any information. This document may contain statements/opinions/ recommendations, which contain words, or phrases such as “expect”, “believe” and similar expressions or variations of such expressions that are “forward looking statements”. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices, etc. The AMC (including its affiliates), Baroda BNP Paribas Mutual Fund (“Mutual Fund”), its sponsor / trustee and any of its officers, directors, personnel and employees, shall not be liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this document in any manner. The recipient alone shall be fully responsible / liable for any decision taken based on this document. All figures and other data given in this document are dated and may or may not be relevant at a future date. Prospective investors are therefore advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequences of subscribing to the units of the schemes of Baroda BNP Paribas Mutual Fund.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Download Pdf

View All