Stock Market Live Updates and Economic Calendar - May 5, 2025

Market Holidays

• China, U.K., Hong Kong, Japan, South Korea: Stock markets closed for holidays.

U.S. Economic Calendar

• 19:15 U.S. Final Services PMI
  • Expected: 51.4
  • Previous: 51.4
• 19:30 U.S. ISM Services PMI
  • Expected: 50.2
  • Previous: 50.8
    Note: These indicators provide insights into the U.S. service sector's performance, with potential impacts on market sentiment.

Major U.S. Listed Stocks Q4FY25 Earnings Calendar (May 5, 2025)

• Pre-Market:
  • Ares Management Corporation (Financial)
  • Cummins Inc (Automobiles)
  • BioNTech SE (Healthcare)
  • Tyson Foods, Inc (FMCG)
  • Zimmer Biomet Holdings, Inc (Healthcare)
  • Loews Corporation (Financial)
  • ON Semiconductor Corporation (Technology)
  • CNA Financial Corporation (Financial)
• Post-Market:
  • Palantir Technologies Inc (Technology)
  • Vertex Pharmaceuticals Incorporated (Healthcare)
  • Williams Companies, Inc (Energy)
  • CRH PLC (Construction)
  • Realty Income Corporation (Real Estate)
  • Diamondback Energy, Inc (Energy)
  • Ford Motor Company (Automobiles)
  • Coterra Energy Inc (Energy)
  • Clorox Company (FMCG)
  • Corebridge Financial Inc (Financial)
  • Sun Communities, Inc (Real Estate)
  • AECOM (Engineering)

Indian Q4FY25 Earnings Calendar (May 5, 2025)

• Key Companies: BOMDYEING, CAMS, CCL, CGCL, CIGNITITEC, COFORGE, DCMSHRIRAM, DIAMONDYD, EPIGRAL, ETHOSLTD, HIRECT, INDHOTEL, J&KBANK, KSL, M&M, ONESOURCE, UNIECOM
• CAMS (YoY):
  • Revenue: ₹358 crore (vs. ₹310 crore)
  • EBITDA: ₹140 crore (vs. ₹125 crore)
  • EBITDA Margin: 39.08% (vs. 40.34%)
  • Net Profit: ₹113 crore (vs. ₹103 crore)
• COFORGE (YoY):
  • Revenue: ₹3519 crore (vs. ₹3318 crore)
  • EBIT: ₹447 crore (vs. ₹316 crore)
  • EBIT Margin: 12.71% (vs. 9.52%)
  • Net Profit: ₹279 crore (vs. ₹215 crore)
• INDHOTEL (YoY):
  • Revenue: ₹2420 crore (vs. ₹1905 crore)
  • EBITDA: ₹874 crore (vs. ₹659 crore)
  • EBITDA Margin: 36.13% (vs. 34.63%)
  • Net Profit: ₹529 crore (vs. ₹417 crore)
• M&M (YoY):
  • Revenue: ₹30058 crore (vs. ₹25109 crore)
  • EBITDA: ₹4227 crore (vs. ₹3445 crore)
  • EBITDA Margin: 14.06% (vs. 13.72%)
  • Net Profit: ₹2530 crore (vs. ₹2038 crore)

Indian Market Updates

• Flat Opening for Nifty, Sensex: Mixed Q4 results and global cues suggest a cautious start. Indian equities are expected to focus on monetary policies, earnings, and geopolitical developments.
• SBI Update: DAM Capital maintains a BUY rating, raising the target price to ₹930 from ₹915. SBI reported steady 3% NIMs but slightly missed NII estimates due to 12% YoY loan growth. The bank guides for 12-13% loan growth in FY26 and 11-12% earnings growth.
• Fund Flows: FIIs bought ₹2769.81 crore, and DIIs bought ₹3290.49 crore in the cash segment on May 2, 2025. India saw a 10-month high in foreign inflows, with $724 million, driven by large-cap funds.

Global Market Updates

• U.S. Non-Farm Payrolls: Reported 177K jobs added in April (vs. 138K expected), with unemployment steady at 4.2%. Data supports a stronger USD.
• Oil Prices Drop: U.S. crude oil prices fell over 4% after OPEC+ announced an additional 800,000 bpd supply starting in June.
• EM Flows Rebound: India, Brazil, Hong Kong, and Taiwan see recovering foreign inflows, while South Korea lags. India recorded $724 million in weekly inflows, the highest since July 2024.

Trending Stories

1. SBI's Q4 Performance and Outlook: SBI’s mixed Q4 results showed stable NIMs at 3%, with loan growth at 12% YoY. Strong treasury gains offset higher operational expenses. The bank’s guidance for 12-13% loan growth and 11-12% earnings growth in FY26, despite potential rate cut volatility, has reinforced DAM Capital’s BUY rating with a raised target of ₹930.
2. U.S. Crude Oil Price Drop: OPEC+’s decision to increase production by over 800,000 bpd from June led to a sharp 4% decline in U.S. crude oil prices, impacting energy stocks and global market sentiment.
3. EM Inflow Recovery: India’s equity market saw a significant rebound in foreign inflows, with $724 million in a single week, driven by large-cap funds. This marks a reversal of post-U.S. election outflows, signaling renewed investor confidence in emerging markets.