Markets traded flat during mid-day trading on Thursday as investors processed ongoing geopolitical tensions and awaited key earnings results. The BSE Sensex inched up 45.91 points (0.06 per cent) to 80,792.69, while the Nifty50 slipped marginally by 11.25 points (-0.05 per cent) to 24,403.15 as of 12.30 pm.
The markets showed resilience after opening mixed following India’s military strikes on terror camps in Pakistan earlier in the day. Trading remains cautious ahead of upcoming earnings announcements from heavyweight companies and the Bank of England’s interest rate decision expected later today.
Top Gainers
HCL Technologies led the advances, climbing 1.65 per cent to ₹1,588.40, supported by strong IT sector outlook amid global digital transformation demand.
Titan Company showed solid momentum, rising 1.29 per cent to ₹3,383.40 ahead of the upcoming festive season.
Kotak Mahindra Bank gained 1.28 per cent to trade at ₹2,122.25, while Axis Bank added 1.10 per cent to reach ₹1,174.60, as banking stocks continued their positive performance.
Larsen & Toubro completed the top five gainers with a 1.04 per cent increase, trading at ₹3,356.50, boosted by infrastructure project inflows.
Top Losers
Eternal was the biggest loser, dropping 3.36 per cent to ₹228.95 amid sector-specific concerns.
Mahindra & Mahindra declined 2.32 per cent to ₹3,047.60, while Maruti Suzuki slipped 2.01 per cent to ₹12,375.75, as auto stocks faced selling pressure.
Tata Steel fell 1.44 per cent to ₹144.20 amid global commodity price fluctuations.
IndusInd Bank closed the list of top losers with a 0.94 per cent decline to ₹825.35.
The day’s mixed performance came as investors balanced positive IT sector momentum against pressure in auto and metal segments. Market analysts suggest maintaining a cautious approach given the current geopolitical scenario and upcoming corporate results.
Published on May 8, 2025
