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Sensex, Nifty 50 | Stock Market LIVE: The Indian stock market is expected to open on a flat note on Thursday, amid a rally in global markets on hopes of a resolution to the US-Iran war in the Middle East. Investor sentiment is expected to remain cautious over the volatility in the crude oil prices and ongoing Q4 results.
The trends on Gift Nifty also indicate a flat start for the Indian benchmark indices, Nifty 50 and Sensex. The Gift Nifty was trading around 24,450 level, a premium of nearly 3 points from the Nifty futures’ previous close.
Globally, Asian markets traded mixed, with Japan’s Nikkei hitting record high, while the US stock market ended higher overnight, with the S&P 500 and Nasdaq surging to record-high closes.
US President Donald Trump predicted that the war in Iran will be over quickly. Iranian foreign ministry spokesman Esmaeil Baqaei told local media that the “US plan and proposal are still under review.” Reports said that Iran has also laid out an updated process for ships seeking to transit Strait of Hormuz.
Gold prices rose for a third straight session, supported by a softer dollar as hopes grew for a potential peace deal between the United States and Iran.
Spot gold price gained 0.3% to $4,701.19 per ounce, after rising about 3% on Wednesday to hit its highest level since April 27. US gold futures for June delivery rose 0.4% to $4,710. Spot silver price rose 0.5% to $77.68 per ounce.
Stay tuned to this segment for live updates on Indian stock market today.
Sumeet Bagadia, Executive Director at Choice Broking recommends five shares to buy today: Welspun Living, BLS International Services, Gujarat Fluorochemicals, Jubilant Ingrevia, and Karur Vysya Bank.
1] Welspun Living: Buy at ₹132.91, Target ₹144, Stop Loss ₹126.80
2] BLS International Services: Buy at ₹286.70, Target ₹308, Stop Loss ₹273
3] Gujarat Fluorochemicals: Buy at ₹3,810.70, Target ₹4,050, Stop Loss ₹3,675
4] Jubilant Ingrevia: Buy at ₹742.10, Target ₹800, Stop Loss ₹710
5] Karur Vysya Bank: Buy at ₹305.20, Target ₹332, Stop Loss ₹292
Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher recommended these three buy-or-sell stocks: Juniper Hotels, Safari Industries, and Supreme Industries.
1] Juniper Hotels: Buy at ₹212, Target ₹220, Stop Loss ₹208
2] Safari Industries: Buy at ₹1,468, Target ₹1,550, Stop Loss ₹1,445
3] Supreme Industries: Buy at ₹3,714, Target ₹3,820, Stop Loss ₹3,650
BSE, Britannia Industries, Bharat Forge, MRF, Lupin, Bajaj Auto, Paytm, PB Fintech, Meesho, ACME Solar Holdings, Biocon, Shree Cement, Radico Khaitan and Zaggle Prepaid Ocean Services are among the top stocks to watch today.
AMD shares jumped over 18% after it forecast second-quarter revenue above Wall Street expectations. The company expects second quarter revenue at $11.2 billion, plus or minus $300 million, compared with estimates of $10.52 billion. It also forecast server CPU revenue to grow by more than 70% year-on-year in the second quarter.
The company expects adjusted gross margins of about 56% for Q2, compared with analyst expectations of 55.4%. AMD now expects the server CPU addressable market to grow at greater than 35% annually, reaching over $120 billion by 2030, higher than the 18% yearly growth rate it forecast in November.
AMD Q1 sales rose 38% to $10.3 billion, while profit, minus certain items, was $1.37 a share. Analysts had predicted revenue of $9.89 billion and earnings of $1.28 a share.
US stock market ended higher on Wednesday, with the S&P 500 and the Nasdaq surging to record-high closes, buoyed by signs of a resolution in the Middle East conflict and a rally in AI-related stocks.
The Dow Jones Industrial Average rallied 1.24% to 49,910.59, while the S&P 500 gained 1.46% to end at 7,365.09. The Nasdaq closed 2.03% higher at 25,838.94.
Nifty 50 index formed a positive hammer-like candlestick pattern on the daily timeframe, indicating strong buying interest at lower levels and the presence of demand near key support zones. A sustainable move above this resistance could open further upside towards the next upside of 24,600 - 24,800 levels in the near term. Immediate support is placed at 24,200.
Asian markets traded mixed on Thursday, following overnight rally on Wall Street. Japan’s Nikkei 225 jumped 4.18%, hitting 62,000 for the first time, while Topix rallied 2.37%. South Korea’s Kospi fell 1.11%, while the Kosdaq Index slid 0.98%.
The Indian stock market is expected to open higher on Thursday, following a rally in global markets, amid hopes of a resolution to the US-Iran war in the Middle East. Investor sentiment is expected to remain cautious over the volatility in the crude oil prices and ongoing Q4 results.
Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants. <br><br> With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding. <br><br> Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI. <br><br> Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.
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