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Indian equities in Tuesday's session (May 6, 2025) opened higher as falling crude prices and sustained FII buying boosted sentiment on the D-Street. At the opening bell,  the BSE Sensex was higher by 123.45 points, or 0.15 per cent, at 80,920, and the Nifty50 was at 24,459.45, lower by 1.70 points, or 0.01 per cent. Meanwhile, the broader markets also were up with the smallcap gauge leading the gains.

Bank Nifty, on the other hand, saw selling pressure once again in trade today, dragged by stocks like Kotak Mahindra Bank, Federal Bank and Axis Bank among others.

Key factors to watch out for are global tariff developments, India-Pak tensions, and the Fed decision on May 7. 

From the Nifty50 basket, top gainers in early trade include stocks like M&M, Hero MotoCorp, Bharti Airtel, ONGC and Bajaj Auto, while laggards were Cipla, Jio Finacial, Titan, Dr. Reddy's Labortories and Eternal.

Amid a mixed sectoral performance, auto, FMCG, IT and metal indices traded with gains, while all others saw selling action. Auto index emerged as the top performer with gains of 1.5 per cent at the last count.

Paytm: Shares of the fintech major will be in focus ahead of its earnings later today.

Indian Hotels: Shares of the Tata group hospitality arm will be in focus after the company's March quarter earnings.

Ather Energy: The first mainboard IPO of the FY26 will see its debut today. The issue received an overall subscription of 1.43 times.

M&M: Shares of the auto major will react to the brokerage calls on the stock post its quarterly numbers were released during market hours on Monday.

Asia-Pacific markets traded mostly with gains as investors assessed developments on the trade front between the US and other countries in the region. At around 8:11 am, the key MSCI Asia ex Japan index traded higher by 0.15 per cent.

As part of its negotiations with the US, India has reportedly proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis for a certain quantity of imports.

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