Indian equity benchmarks nosedived in Friday’s session (May 9, 2025) as India continued its retaliation across major cities in Pakistan following the neighbouring country’s failed attempts to target bordering regions on the Indian side, including Union Territory Jammu and Kashmir. The BSE Sensex index tumbled 952 points or 1.2 per cent, while the NSE’s Nifty dropped 156 points to 24,117.
Stocks to watch:
Canara Bank: Shares of the PSU lender will be in focus after the bank’s standalone PAT jumped 33 per cent on-year to Rs 5,004 crore in the March quarter.
Punjab National Bank: After the lender’s CEO said the bank targets record-low bad loan ratio on higher debt recoveries, its shares will gain traction today.
Titan: Shares of the watchmaker to jewellery retailer will be in focus post its March quarter earnings. For the review period, the company reported net profit of Rs 870 crore, a 11 per cent on-year increase.
Asian markets
Asian stocks inched higher today after the US clinched its first trade deal with the UK. The key MSCI Asia ex Japan index, however, traded lower with a tad cut of 0.05 per cent.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
