Indian equity benchmarks opened lower after India’s retaliatory strike on Pakistan as part of operation Sindoor post the horrific Pahalgam attack. As cautious sentiment prevalied, at the start, the benchmark BSE Sensex opened at 79,948.80 down 692.27 points or 0.86 per cent.
Stocks to watch today
Paytm: Paytm shares will be in focus after the company reported Q4 revenue of Rs 1911 crore, while narrowing loss to Rs 23 crore excluding exceptional items.
HPCL: Shares of the OMC will gain traction after posting strong Q4 numbers on all parameters.
BSE: Shares of the company will be in focus following the company’s strong set of earnings for the March quarter.
Asian markets
Asian stocks traded mixed in Wednesday’s trade (May 7, 2025) as the US and China are heading for formal trade talks this week, raising hopes of de-escalating the ongoing trade war. The key MSCI Asia ex Japan index traded with gains of 0.28 per cent.
Chinese markets led the gains after the central bank slashed the key policy rate to support the economy, while at the same time lowering the amount of cash banks were required to keep in reserve.
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.