NewsMarketsMarkets at Noon: Nifty, Sensex Slip Marginally; Engineering Services and Textiles OutperformMarkets at Noon: Nifty, Sensex Slip Marginally; Engineering Services and Textiles Outperform
By ScanX News Team
Indian markets display a slight downward trend at midday on May 7, 2025, with Nifty 50 at 24,359.25 (-0.08%) and Sensex at 80,556.07 (-0.11%). Engineering Services (+0.94%) and Textiles (+0.92%) lead sectoral gains, while Aviation (-1.44%) and Retail (-1.23%) underperform. Buzzing stocks include Aarti Drugs (+14.79%), BSE Ltd (+8.65%), and Jagsonpal Pharma (-5.21%), driven by Q4 results and corporate announcements.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on May 7, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 24,359.25, down 20.35 points or 0.08% from its previous close. Similarly, the BSE Sensex stands at 80,556.07, registering a decline of 85.00 points or 0.11%.
Sectoral Performance
Top Performing Sectors
- Engineering Services (+0.94%)
- Textiles (+0.92%)
- Energy (+0.91%)
- Power (+0.71%)
- Insurance (+0.67%)
Underperforming Sectors
- Aviation (-1.44%)
- Retail (-1.23%)
- Consumer Services (-0.89%)
- Utilities (-0.85%)
- Transport Services (-0.57%)
Buzzing Stocks
Aarti Drugs
The stock is up 14.79% at ₹401.65. The company reported a consolidated net profit of ₹628.6 million for Q4, up from ₹474 million year-over-year. Aarti Drugs also announced plans to increase its production capacity to over 700 tonnes per month by June 2025.
BSE Ltd
Trading 8.65% higher at ₹6,785, BSE Ltd's stock surged following the announcement of Q4 results and a final dividend of ₹23 per share. A block trade of approximately 47,369 shares at ₹6,805.50 per share was also reported.
Jagsonpal Pharma
The stock is down 5.21% at ₹228.04. While the company reported a Q4 net profit increase to ₹66 million from ₹35.5 million YoY, it also announced the termination of its business transfer agreement for the acquisition of Resilient.
Conclusion
As the trading day progresses, the market shows a mixed performance with a slight negative bias in the benchmark indices. Engineering Services and Textiles sectors are leading the gains, while Aviation and Retail sectors face the most pressure. Investors are closely watching the movements of stocks like Aarti Drugs, BSE Ltd, and Jagsonpal Pharma, which have seen significant price actions based on their recent announcements and results.
