Market Wrap: Nifty and Sensex Close in Green, Engineering Services Sector Shines

1 min read     Updated on 07 May 2025, 03:31 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Indian stock markets ended on a positive note on May 7, 2025, with Nifty 50 and BSE Sensex showing modest gains. Engineering Services sector led the rally with a 2.89% increase, while Aviation declined by 1.56%. Bharat Seats and Aarti Drugs were top performers, surging around 20% each. Market breadth was positive with 2,313 advancing stocks against 1,913 decliners out of 4,226 total scrips traded.

8157694

*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets concluded on a positive note on May 7, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, registering modest gains. The Nifty 50 closed at 24,409.30, up 29.70 points or 0.12% from the previous close. Similarly, the BSE Sensex ended the day at 80,749.68, gaining 108.61 points or 0.13%.

Sectoral Performance

Top Performing Sectors

The day saw significant gains in several sectors:

Sector Average Change (%)
Engineering Services 2.89
Automobiles 1.32
Power 1.25
Textiles 1.09
Insurance 0.97

Underperforming Sectors

Some sectors faced headwinds during the trading session:

Sector Average Change (%)
Aviation -1.56
Retail -1.04
Transport Services -0.32
Aerospace & Defense -0.25

Buzzing Stocks

Several stocks made headlines during the day:

  1. Bharat Seats Ltd: The stock surged by 20.00%, closing at ₹90.39. The company reported a 42.5% YoY increase in Q4 profit to ₹11.4 crore, with revenue up 41.4% to ₹393 crore.

  2. Aarti Drugs Ltd: Shares climbed 19.99% to close at ₹419.85. The company announced a consolidated net profit of ₹628.6 million for Q4, up from ₹474 million YoY.

  3. Jagsonpal Pharmaceuticals Ltd: The stock declined by 8.49%, ending at ₹220.15. The company reported Q4 net profit of ₹66 million, up from ₹35.5 million YoY but down from ₹320 million QoQ.

Market Breadth

The overall market breadth was positive, with advancing stocks outnumbering declining ones:

Category Number of Scrips
Positive 2,313
Negative 1,913
Total 4,226

Conclusion

The Indian stock markets closed the day on a positive note, with both Nifty 50 and Sensex showing marginal gains. The Engineering Services sector emerged as the top performer, while Aviation faced the most significant decline. The market breadth remained favorable, with more stocks advancing than declining during the session.

Explore Other Articles
Britannia Industries Proposes Rs 75 Per Share Final Dividend, Q4 Profit Rises 4%6 hours ago
IdeaForge Technology Reports Q4 Net Loss of ₹20.4 Crore Amid Revenue Slump6 hours ago
Tata Motors Announces Merger of Finance Arm with Tata Capital6 hours ago
Biocon Anticipates API Business Recovery, Expands GLP-1 Portfolio7 hours ago
KSB India Secures Major Pump Order from German Parent Company7 hours ago
Venus Pipes and Tubes Secures Major Projects Worth ₹190.00 Crore8 hours ago