Mon May 05 11:14:01 UTC 2025: ## Indian Markets Surge on Foreign Investment and Lower Oil Prices
**Mumbai, India (May 5, 2025)** — Indian equity markets closed higher today, driven by sustained foreign fund inflows and a significant drop in global crude oil prices. The Sensex gained 294.85 points (0.37%) to settle at 80,796.84, while the Nifty rose 114.45 points (0.47%) to 24,461.15.
The rally was fueled by Foreign Institutional Investors (FIIs) who purchased equities worth ₹2,769.81 crore on Friday alone, following a net inflow of ₹4,223 crore in April – the first positive month in three. This positive trend is attributed to favorable global cues and strong domestic fundamentals. The weakening dollar and lower oil prices (Brent crude down 1.45% to $60.40 a barrel) further boosted investor sentiment.
Several Adani group stocks saw sharp increases, particularly Adani Ports, which jumped 6.29% following reports of meetings between Adani representatives and U.S. officials regarding a bribery probe. Other notable gainers included Bajaj Finserv, Mahindra & Mahindra, and several others. However, Kotak Mahindra Bank experienced a 4.57% drop due to a decline in its March quarter net profit, and State Bank of India also saw a dip after reporting lower-than-expected profits.
While the market maintains a positive momentum, analysts note a shift towards stock- and sector-specific trends, driven largely by individual company results. Despite the positive indicators, including record GST collections in April, the overall level of optimism appears to be moderating. Markets in several Asian countries were closed for holidays, while European markets displayed mixed performance and U.S. markets closed higher on Friday.
First Piper 