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Sensex Today | Stock Market Live Updates: Nifty extends gains to 700 points; tourism stocks soar up to 7%

Published on 12/05/2025 10:08 AM

Following the stoppage of hostilities between India and Pakistan, the hotel stocks are on the rise on Monday.

– Indian Hotels share rises over 5%

– Lemon Tree Hotels shares rise over 5.90%

– EIH shares jumped by 5.60%

– Chalet shares also rose, jumping by 4.49%

The shares of Birla Corporation Ltd jumped 19.99%, hitting the upper circuit on Monday. The company released its Q4 results on May 9. In these results, a 32.8% year-on-year (YoY) jump in net profit at ₹256.6 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal year, the company posted a net profit of ₹193.3 crore.

Escorts Kubota shares are up nearly 7% at the moment.

The stock has gained nearly 2.5% in the past month, but has declined nearly 6% in the last six months

Dr. Reddy’s Laboratories‘ CEO Erez Israeli said the company saw strong growth in the US market and expects this momentum to continue. The Revlimid generic made a significant contribution this quarter. In India, the company posted double-digit growth, with about half of it driven by the Sanofi licensing deal.#OnCNBCTV18 | Saw good growth in the #US, expect contribution to continue from the US. #Revlimid generic contribution was meaningful this quarter as well.

Double-digit growth in #India; half of which came from Sanofi licensing deal, says Erez Israeli, Dr Reddy’s Laboratories pic.twitter.com/DIMGd3PXoF

— CNBC-TV18 (@CNBCTV18Live) May 12, 2025

 

Nifty Bank index crossed 55,000, led by strong gains in Axis Bank, PNB, Canara Bank, and IDFC First Bank.

 

Glenmark Pharma’s Indore unit, which forms 30% of its US revenue, is classified ‘Official Action Indicated’ by USFDA.

#CNBCTV18Market | #Pharma stocks lower after #USPresident #DonaldTrump announces plan to sign executive order cutting drug prices on #TruthSocial, #SunPharma shares down over 5% pic.twitter.com/lkqxAZCQlB

— CNBC-TV18 (@CNBCTV18Live) May 12, 2025

 

Adani Enterprises, Jio Financial Services, Adani Ports, Shriram Finances, Axis Bank are the top Nifty gainers.

Barring Sun Pharma, Cipla and Dr Reddy’s Laboratories, the remaining 47 stocks in the index are trading with losses.

Here are the top five contributors towards Nifty 50’s upside:

Sun Pharma shares are currently down nearly 5.5%.

This comes after US President Donald Trump said he plans to cut prescription drug prices by up to 80%

The stock has declined 12.66% this year, so far.

here

Yes Bank shares were up over 8% in early market today.

This comes after Japan’s SMBC acquired 20% stake from SBI and a consortium of banks, that rescued the lender in 2020.

The stock has gained 19% in the past month.

You can here#CNBCTV18Market | Market opens higher following the India-Pakistan truce, #Nifty above 24,400 pic.twitter.com/tF7SGh4LJS

— CNBC-TV18 (@CNBCTV18Live) May 12, 2025

 

 

Banks, including SBI and HDFC Bank are expected to earn between ₹330 crore and ₹9,000 crore by selling their stakes in Yes Bank to Sumitomo Mitsui Banking Corporation (SMBC).

William Lee, Chief Economist and Executive Director at The Milken Institute, said he felt a great sense of relief seeing two nuclear-armed nations step back from the edge of conflict and return to a more rational stance, calling it a positive development.

“One thing I don’t want to see and no one wants to see, is the India-Pakistan conflict be another test case like Spain was in the 1930s experiments for different weapon systems and the proxies for the large superpowers like China, Russia and the United States and Western Europe. The fact that the huge amount of violence has suddenly come to a stop is a great sign of sanity coming back into the market, had a huge sigh of relief. So of all the geopolitical tensions I can think of, this one, because we have two huge nuclear powers involved, is to me, one of the most dangerous,” he said.

A large trade took place in Tanla Platforms as 18.62 lakh shares, valued at ₹88 crore, were exchanged through a block deal.

The Hang Seng China Enterprises Index gained as much as 1.5%, while the CSI 300 Index rose as much as 0.6% during early trading on Monday.

Both indices are close to recouping their losses since US President Donald Trump’s ‘Liberation Day’ announcement of tariffs on April 2.

#StocksToWatch : Here’s a list of stocks in focus going into trade today ???? pic.twitter.com/ge66e0zjkv

— CNBC-TV18 (@CNBCTV18Live) May 12, 2025

 

Indian pharmaceutical companies are likely to be in the spotlight again on Monday, May 12, following a recent post by US President Donald Trump on his social media platform, “Truth Social.”#CNBCTV18Market | Here’s how the global market cues are placed this morning???? pic.twitter.com/m0WGId0eAV

— CNBC-TV18 (@CNBCTV18Live) May 12, 2025

 

Goldman Sachs on Pidilite: Target price at ₹3,475/sh, strong double-digit volume growth despite a muted environment. B2B growth is likely to remain strong over the next 2–3 years.

As markets look to regain some normalcy after the stoppage of hostilities, here are some of the companies that are slated to announce their results.

PVR INOX, SRF, Tata Steel, UPL, Jyothy Labs, Garden Reach Shipbuilders & Engineers, Ather Energy, Happiest Minds Technologies, Raymond, and Bajaj Electricals will be reporting their earnings for the January-March period on Monday, May 12.

Here’s why Thermax is in focus: Thermax, an energy and environment solutions provider, reported an 8.1% rise in its fourth-quarter net profit to ₹205.7 crore, compared to ₹190.33 crore in Q4FY24. However, this result was below expectations, as the CNBC-TV18 poll had estimated a profit of ₹227.84 crore. Revenue for the quarter grew 11.6% year-on-year to ₹3,085 crore, missing the forecast of ₹3,159.6 crore.

Foreign investors were net sellers in the cash market on Friday, whereas domestic investors were net buyers.

Shares of food delivery aggregator Swiggy Ltd. will be reacting to their March quarter results on Monday, May 12, after its net loss widened from the same period last year. Despite this, the majority of the analysts who had coverage on the stock continued to maintain their optimism.

The shares of Swiggy have declined by over 8% in the past month.

Results to watch out for today: PVR INOX, SRF, Tata Steel, UPL, Jyothy Labs, Ather Energy, Happiest Minds Technologies, Raymond, Bajaj Electricals, and Zaggle Prepaid Ocean Services.

Dr Reddy’s Laboratories‘ net profit rose 22% in Q4FY25 to ₹1,594 crore, up from ₹1,307 crore a year ago, beating CNBC-TV18’s estimate of ₹1,491.6 crore. Revenue also grew 8.6% year-on-year to ₹8,506 crore, above last year’s ₹7,830 crore and the expected ₹8,404.7 crore.

 

Here’s why Adani Power is in the spotlight: The company has won a contract to supply 1,500 MW of thermal power to Uttar Pradesh at a tariff of ₹5.383 per unit, making it the lowest bidder in a competitive process. The power will come from a new ultra-supercritical thermal power plant with two 800 MW units (1,500 MW total) that Adani Power will build and operate in the state under the DBFOO model (Design, Build, Finance, Own, and Operate).

Here is why Yes Bank is in focus | Sumitomo Mitsui Banking Corporation (SMBC) is set to buy a 20% stake in a Mumbai-based private bank from the State Bank of India (SBI) and a group of other lenders who helped save the bank in 2020. SMBC will purchase 13.19% from SBI and the remaining 6.81% from lenders like Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank, and Kotak Mahindra Bank.

The shares of Dr Reddy’s Laboratories will be in focus on Monday. The company reported its March quarter results on Friday, May 9. The company managed to beat analyst expectations on all parameters.

Dr Reddy’s Laboratories’ net profit for the fourth quarter rose 22% year-on-year to ₹1,594 crore, compared to ₹1,307 crore in the same quarter a year ago. The figure was also higher than CNBC-TV18 poll expectations of ₹1,491.6 crore.

India’s GIFT Nifty, which serves as an early signal for market openings, is pointing to a gap-up start for the benchmark indices Sensex and Nifty 50.

here…

– CE Info Systems Ltd, which operates under the MapmyIndia brand name, will be in focus on Monday. On Friday (May 9) the company reported a 28.2% year-on-year (YoY) surge in net profit at ₹48.6 crore for the fourth quarter that ended March 31, 2025.

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