Indian Stock Market Analysis May 2, 2025: Sensex & Nifty Movement, Sector Performance, Top Gainers & Technical Outlook

Indian Stock Market Movement: May 2, 2025

currencyconverter.top | May 2, 2025

📈 Market Overview

On Friday, May 2, 2025, the Indian stock market displayed a volatile session but finished in the green, with the BSE Sensex rising by 412.48 points to 80,654.72 and the NSE Nifty 50 gaining 59.00 points to 24,393.20.

🛢️ Sectoral Performance

• Oil & Gas: Outperformed amid stable global energy prices.
• IT: Benefited from strong earnings by global tech giants.
• Realty & Consumer Durables: Under pressure due to profit booking.
• Automobile: Declines in April sales weighed on stocks.

📊 Key Stock Movements

• Adani Enterprises: Shares up over 3% after Q4 profit surge.
• RailTel Corporation: Jumped up to 10% on strong Q4 results.
• IndusInd Bank: Gained over 3% amid management changes.
• JSW Steel: Fell more than 6% after SC liquidation order.

📉 Technical Outlook

The Nifty 50 faces resistance at 24,460, with support at 24,050 and a stronger zone between 24,000–23,850. A break above resistance could lead toward 24,800, while a drop below 24,000 may extend losses.

🌐 Broader Sentiment & Conclusion

Despite intraday swings, the market’s late-session rebound highlights underlying strength. Analysts remain cautiously optimistic but warn of possible profit booking in the near term.

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