Markets at Noon: Nifty Dips, Sensex Gains Marginally on May 8, 2025

1 min read     Updated on 08 May 2025, 12:01 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Indian markets show mixed trends at midday on May 8, 2025. Nifty 50 is down 0.05% at 24,402.00, while BSE Sensex is up 0.04% at 80,780.98. Engineering Services sector leads with a 2.90% gain, followed by Consumer Services at 2.02%. Shriram Pistons & Rings surges 15.09% on strong Q4 results, while Gensol Engineering drops 5.01% due to SEBI order. The market displays sector-specific movements and stock-specific actions based on quarterly results and regulatory news.

8231493

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

Market Overview

As of midday on May 8, 2025, Indian markets are showing mixed signals. The Nifty 50 is trading slightly lower at 24,402.00, down 0.05% from its previous close. In contrast, the BSE Sensex has edged up marginally, trading at 80,780.98, a 0.04% increase from its last close.

Sectoral Performance

The market is witnessing significant movements across various sectors:

Sector Average Percentage Change
Engineering Services 2.90%
Consumer Services 2.02%
Textiles 1.86%
Aerospace & Defense 1.71%
Telecom 1.69%

Buzzing Stocks

Several stocks are making headlines in today's trading session:

Gensol Engineering Ltd

The stock is down 5.01% at ₹59.78. The Securities Appellate Tribunal (SAT) has refused to stay SEBI's order barring the company from accessing securities markets due to alleged fund diversion and fraudulent practices.

Shriram Pistons & Rings Ltd

Trading at ₹2,141.90, up by a substantial 15.09%. The company reported strong Q4 results with increased EBITDA and improved margins. A dividend of ₹10 per share has been recommended.

Bharat Seats Ltd

The stock has surged 13.85% to ₹102.91. The company reported a 42.5% YoY increase in Q4 profit to ₹11.4 crore, with revenue up 41.4% to ₹393 crore. A dividend of ₹1.10 per share has been proposed.

Conclusion

As the trading day progresses, the market shows a mixed trend with the Nifty slightly down and Sensex marginally up. Engineering Services and Consumer Services sectors are leading the gains, while individual stocks like Shriram Pistons & Rings and Bharat Seats are seeing significant upward movements based on strong quarterly results.

Explore Other Articles
Britannia Industries Proposes Rs 75 Per Share Final Dividend, Q4 Profit Rises 4%5 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 Capital5 hours ago
Biocon Anticipates API Business Recovery, Expands GLP-1 Portfolio6 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