Indian stock markets are likely to get impacted today due to rising tensions between India and Pakistan. Early this morning, India launched precision airstrikes on terror camps in Pakistan and Pakistan-occupied Jammu and Kashmir. This move came in response to a recent terrorist attack in Pahalgam, as confirmed by the Ministry of Defence. As of 7:33 AM, GIFT Nifty futures were down by 59 points at 23,373, signalling a weak start for the markets.
On Tuesday, the BSE Sensex dropped 155.77 points to close at 80,641.07. The NSE Nifty50 also fell, ending 81.55 points lower at 24,379.60. Both indices showed signs of investor caution ahead of geopolitical developments and global uncertainties.
Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025.
Asian markets were mixed in early trade. China’s CSI 300 rose 0.72%, Shanghai gained 1.17%, and Hong Kong’s Hang Seng increased by 1.24%. However, Japan’s Nikkei was slightly down by 0.03%, and Australia’s ASX 200 edged up by 0.23%. In the US, Wall Street indices closed in the red as the Federal Reserve began its two-day policy meeting. The Nasdaq slipped 0.87%, the S&P 500 declined 0.77%, and the Dow Jones fell 0.95%.
Tata Motors has received shareholder approval to divide its operations into two separate listed companies. One will handle passenger vehicles and the other will manage commercial vehicles. This is expected to bring better focus and growth in both segments.
The Ministry of Corporate Affairs has launched an investigation into Gensol Engineering. The company is accused of financial misconduct, including fund diversion and poor governance. Earlier, SEBI had barred its promoters from the securities market.
Union Bank has admitted to irregularities in buying the book India@100, authored by former Chief Economic Advisor Krishnamurthy Subramanian. The bank is currently looking into the issue.
Adani Power has secured a 25-year contract to supply 1,500 MW of electricity to Uttar Pradesh. The power will be delivered at a rate of ₹5.383 per unit, following a competitive bidding process.
Airtel Africa has signed an agreement with Elon Musk’s SpaceX to bring Starlink’s satellite-based internet services to the continent. This is expected to boost high-speed connectivity in remote areas.
JSW Steel has decided to file a review petition after the Supreme Court rejected its resolution plan for Bhushan Power and Steel Ltd. The company is seeking reconsideration of the order.
As geopolitical risks rise and companies reveal mixed Q4 results, investors are expected to stay cautious. Keep an eye on key corporate moves and global signals that may guide the market’s direction in the coming days.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 7, 2025, 8:51 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
