First Trade: Indices open higher tracking positive global cues, Nifty above 24,850

Indian equities on the weekly expiry day opened higher tracking positive global cues. At the open, Nifty50 moved higher by 0.4 per cent or 100 points at 24,852.55, while the Sensex added 329.85 points or 0.41 per cent to 81,642.17.

Broader markets, meanwhile, also traded with gains, with the smallcap index outperforming the midcaps.

Bank Nifty, on the other hand, also showed resilience, led by counters including HDFC Bank, ICICI Bank, Federal Bank, Kotak Mahindra Bank and Axis Bank among others.

Stocks in news today

Results: 
NIFTY: Bajaj Auto (post-market),   
FNO: SJVN (1-3:30 pm), Samvardhana Motherson (12:30 – 3:30 pm), Alkem Lab (1 pm-3 pm), NBCC (Post- Market), Prestige Est (Post- Market) 
 
Apollo Tyres, Deepak Nitrite. Escorts Kubota, Mrf, The Ramco Cements- Last day In F&O. 
Will not be a part of F&O from the June Series 
 
SJVN Ltd: Board meet to consider results and fundraise and securitization of assets   
Motherson Sumi Wiring: Board Meet to consider bonus issue of shares 
Samvardhana Motherson International: Board Meet to consider results, fundraise & Bonus issue 
 
Dhampur Sugar Mills: Buyback of shares to Open (Date: 29th May – 4th June, Price:185, Ratio: 2 equity shares for every 121 shares held) 

Asian markets

Most Asian stocks rose in Thursday’s session as investors sentiment improved after the US trade court blocked the US President Donald Trump’s sweeping tariffs levied on ‘Liberation Day’.

Technology stocks led the gains following upbeat Nvidia earnings.