The volatility remained high with the maintenance levels of India Vix for about a month.
The markets recorded some early losses for Friday’s noon trade, although they firmly remained in negative territory as investors continued to respond to the growing geopolitical tensions between India and Pakistan. The BSE Sensex was quoted at 79,465,19, 869.62 points or 1.08 percent since its previous closure, while the NIFTY50 stood at 24,004.15, decreasing 269.65 points or 1.11 percent.
The partial recovery of the market occurs after a sharp fall in the morning that sows the fall of Sensex almost 1,400 points after the reports that India’s air defense intercepted around 50 Pakistani missiles and demolished four planes. By noon, the markets had recovered about 500 points of their minimums intradic as some bargain fighters emerged.
The volatility remained high with the maintenance levels of India Vix for about a month. The amplitude of the market was very biased towards the decrease, with 2,865 actions that fell against only 821 advances in the EEB. In addition, 291 shares reach their lower circuit limits, while 173 played minimum of 52 weeks, which underlines the general anxiety of investors.
The Titan consumers giant emerged as the main winner, increasing 3.78 percent to ₹ 3.496.80 after the solid results of Q4. The Larsen & Toubro engineering conglomerate followed by 3.74 percent of Gin to ₹ 3,448.30. Other notable winners included Tata Motors (+3.02 percent), Bharat Electronics Limited (+2.73 percent) and Hero Motocorp (+1.43 percent).
Banking and infrastructure actions brought the worst part of the sales pressure. Icici Bank decreased 2.89 percent to lead the losers, followed by the electricity grid (-2.63 percent), ultratech cement (-2.42 percent), Adani ports (-2.38 percent) and shelter industries (-2.33 percent).
Sector rates reflected the broader market feeling with Nifty Bank that fell 708.50 points or 1.30 percent to 53,657.15, while ingenious financial services suffered a more pronounced decrease or 1.75 percent. The MIDCAP segment showed a relative resilience with the Nifty Midcap 100 Down only 0.59 percent.
Global signals provided little support as investors remained focused on local geopolitical developments. The prolonged purchase streak of foreign institutional investors, which had been extended by 16 consecutive sessions, seemed uncertain in the midst of growing regional tensions.
Market experts suggest that NIFTY’s position above the 24,000 psychological brand could provide some technical support, although caution remains the predominant feeling as the border situation continues to develop before the weekend.
More like this
Posted on May 9, 2025
About The Author
