The Indian stock market closed notably lower on Thursday, May 9, 2025, as rising geopolitical tensions between India and Pakistan weighed heavily on investor sentiment. Benchmark indices reversed early gains to end the session with significant losses amid heightened volatility.
Market Snapshot
- Nifty 50: 24,008.00 (▼265.80, -1.09%)
- Sensex: 79,454.47 (▼880.34, -1.10%)
- India VIX: +8.45% at 13.92 (indicating increased volatility)
Initial market strength gave way to selling pressure as concerns over geopolitical developments overshadowed domestic cues.
Nifty 50 – Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Titan | ₹3,510.30 | +4.18% |
| Tata Motors | ₹708.50 | +3.76% |
| L&T | ₹3,443.90 | +3.61% |
| BEL | ₹315.85 | +2.83% |
| Hero MotoCorp | ₹3,853.90 | +1.41% |
Titan advanced following strong quarterly results and improved guidance. Titan Q4 Results
Tata Motors rose on continued optimism around electric vehicle progress and robust JLR performance. Tata Motors News
L&T gained after reporting better-than-expected margins and a strong order pipeline. L&T Investor Relations
BEL moved higher on defense-related optimism and strong domestic order flows. BEL Announcements
Hero MotoCorp climbed after posting solid April sales and favorable commentary on future launches. Hero MotoCorp Reports
Nifty 500 – Top Gainers
| Company | Price (₹) | Change (%) | 52W Low | 52W High |
|---|---|---|---|---|
| KPR Mill | ₹1,306.25 | +9.88% | ₹743.00 | ₹1,389.00 |
| Yes Bank | ₹20.02 | +9.82% | ₹16.02 | ₹27.44 |
| Welspun Living | ₹146.90 | +6.53% | ₹104.80 | ₹212.95 |
| Craftsman Automation | ₹4,867.50 | +6.34% | ₹3,700.00 | ₹7,121.25 |
| Union Bank of India | ₹122.90 | +6.33% | ₹100.81 | ₹172.50 |
KPR Mill gained after releasing strong earnings and outlining expansion plans. KPR Mill Results
Yes Bank advanced amid optimism around its improving asset quality and plans for strategic divestments. Yes Bank Financials
Welspun Living moved up on margin improvement and positive export outlook. Welspun Updates
Craftsman Automation rallied following upbeat guidance and demand visibility in the auto components space. Craftsman Investor Relations
Union Bank was lifted by a rating outlook upgrade reflecting improved credit metrics. Union Bank News
Nifty 50 – Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| ICICI Bank | ₹1,388.90 | -3.25% |
| Power Grid | ₹299.30 | -2.90% |
| Grasim | ₹2,634.80 | -2.37% |
| Shriram Finance | ₹601.45 | -2.33% |
| UltraTech Cement | ₹11,364.00 | -2.30% |
ICICI Bank declined amid sector-wide pressure and cautious commentary on loan growth. ICICI Bank Updates
Power Grid saw losses following underwhelming earnings and outlook on upcoming projects. Power Grid Financials
Grasim was weighed down by concerns over its ongoing investments in paint and textile businesses. Grasim Reports
Shriram Finance dropped as funding costs rose and guidance was tempered. Shriram Investor Info
UltraTech Cement retreated due to lower volumes and cost pressures in Q4. UltraTech IR
Nifty 500 – Top Losers
| Company | Price (₹) | Change (%) | 52W Low | 52W High |
|---|---|---|---|---|
| Sonata Software | ₹365.70 | -6.85% | ₹286.40 | ₹763.70 |
| Cholamandalam Fin. Holdings | ₹1,718.00 | -6.07% | ₹1,040.00 | ₹2,154.95 |
| MCX India | ₹5,670.50 | -5.56% | ₹2,917.85 | ₹7,048.60 |
| Poly Medicure | ₹2,526.80 | -5.53% | ₹1,568.00 | ₹3,357.80 |
| Raymond | ₹1,456.20 | -5.47% | ₹1,141.30 | ₹2,380.00 |
Sonata Software declined after reporting higher operating costs that impacted margins. Sonata Q4 Update
Cholamandalam Financial fell as commentary indicated slower credit disbursements ahead. Chola Financial Reports
MCX dropped following subdued performance in derivatives trading and rising expenses. MCX Investor Centre
Poly Medicure slipped as results fell short of expectations due to sluggish exports. Poly Medicure Ltd
Raymond declined on speculation surrounding delayed business restructuring. Raymond Group News
Sectoral Performance
- Banking & Financials: Underperformed due to asset quality and rate hike concerns.
- IT: Lower on weak global cues and muted Q4 reports.
- FMCG & Pharma: Defensive interest supported limited gains.
- Defense & Capital Goods: Benefited from government focus and orders.
Global Cues
Global markets were mixed amid caution ahead of US inflation data and heightened geopolitical tension in Asia. Thailand Business News
Expert View
According to analysts from Groww, “Markets are witnessing short-term fluctuations driven by external developments. Structural fundamentals remain intact, but uncertainty may keep volatility elevated.”
Key Takeaways
- Key indices closed over 1% lower amid geopolitical concerns
- India VIX rose sharply, indicating risk aversion
- Sector rotation continued with selective buying in defense and PSU stocks
- Broader markets were mixed with stock-specific action
What to Watch Tomorrow
- Q4 results from NTPC, Hindalco
- India’s CPI inflation print
- Developments on India-Pakistan diplomatic front
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers should consult certified financial professionals before making investment decisions.
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