First Trade: Indices open with tad losses; Nifty holds on to 24,900 levels, Paytm down over 3%


Stock market today: Indian equities after the best one-day gain in four years opened lower by a tad. At the pre-opening, Nifty50 lost by a tad and held on to 24,900 levels.

FIIs and DIIs continued their buying streak, but negative Gift Nifty at the pre-open suggests that investors are not enthused by FII buying. Also, the sentiment turned cautious after Prime Minister’s address in the evening yesterday.

Stocks in news today:

Zaggle Prepaid: The company posted strong results with revenue soaring 51 per cent on-year.

Tata Steel: Tata Steel posted in-line Q4 earnings. Shares will hence gain traction in Tuesday’s trade.

Titan: CEO of the watches and wearables segment Suparna Mitra has resigned from her position.

Swiggy: Lock-in on 

Asian markets

Most regional markets in Asia in Tuesday’s trade (May 13, 2025) cheered the US-China trade deal. The key MSCI Asia ex Japan index traded with a minor gain of 0.01 per cent.  Meanwhile, the markets remained on the sidelines ahead of th key inflation data due later today.

 



Source link

Author Profile
Managing Director at Bitlance Tech Hub | 09158211119 | [email protected] | Web

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.

Leave a Reply

Your email address will not be published. Required fields are marked *