Stock Market Today: Sensex Fell 260 Points & Nifty50 By 0.41%; Check Key Insights

Stocks, Share Market Today: Indian equities opened flat today as the BSE Sensex was above 80,700 and the Nifty50 was near 24,450 as of 9:18:30 IST. Later, a volatility brought the BSE Sensex down by 259.52 points to reach 80,537.33, while Nifty50 plunged 100.85 points or 0.41% to 24,360.30. Check the key highlights, technicals, and top stocks to watch today.  

Stock Market Today: Key Highlights

• BSE Sensex down 259.52 points at 80,537.33; however, Nifty50 trades 100.85 points down at 24,360.30. 
• US President Donald Trump announced a 100% tariff on foreign-produced films, but the implementation details remain unclear. 
• Crude oil prices rebounded slightly in early trade on Tuesday after hitting multi-year lows on Monday. 

Technical Levels to Consider

NIFTY 50

• Support: 24,420.00 / 24,348.00
• Resistance: 24,630.00 / 24,718.00

Bank Nifty

• Support: 54,735.00 / 54,555.00
• Resistance: 55,498.00 / 55,632.00

Sector Outlook

In the stock market today, investors will likely focus on the energy and defence sectors. Stocks in these sectors may face high volatility or gains during the intraday session.

Stocks to Watch Today: 6th May 2025

1. GAIL: GAIL might benefit from PNGRB holding an open house on the gas pipeline tariff review on 14th May. Analysts have high confidence in the GAIL share for near-term and long-term perspectives. 
2. Glenmark: Glenmark received USFDA approval for a blood cancer drug. It would help company to market blood cancer drug across diverse regions to generate more profitability. 
3. ONGC: ONGC has successfully completed India’s first offshore facilities decommissioning project in partnership with Shell and Reliance.
4. Solex Energy: Solex Energy has bagged an order worth ₹451 crore. This would significantly help the company generate excess revenue to post a robust financial performance. 
5. IRCON: IRCON has bagged an order worth ₹187 crore from Kerala State IT Infrastructure. 

For regular stock updates, dividend alerts, and expert verdicts, stay informed with Univest!

Disclaimer: Investment in the share market is subject to risk. This news article is for informational purposes only. Conduct your own research before investing in shares and other securities. 

Recent News Articles

DMART Q4 Results 2025: Net Profit Declined 2% to ₹551 Crore; Check Key Highlights

Stocks to Watch Today: 6th May 2025 | GAIL, Glenmark, Yes Bank, DCM Shriram, ONGC, & More!

Other News Articles

Kotak Mahindra Bank Q4 Results 2025: Net Profit Down 14%; Share Plunges Over 5%

Marico Q4 Results 2025 Highlights: PAT Up 8% & Dividend of ₹7 Declared; Check Key Insights

Manoj Jewellers IPO GMP: Day 1 IPO Live Updates

Railtel Q4 Results 2025: Net Profit Surges 46.30% On Robust Operational Gains | Check Insights

Srigee DLM IPO GMP: Day 1 IPO Live Updates

Stocks to Watch Today: 5th May 2025 | IGL, Ircon, Tata Motors, NTPC, NMDC, & More!