Indian Stock Market Today (May 5, 2025): Flat Start Expected, SBI Results, GDP Forecasts Cut

• Market Overview: Flat Opening Anticipated
• SBI Q4 Results: Profit Declines 9.9% YoY
• GDP Forecasts Revised Downward
• Top Stocks to Watch Today
• Conclusion

Market Overview: Flat Opening Anticipated

As of May 5, 2025, the Indian stock market today is expected to open flat. GIFT Nifty futures suggest a marginally positive start for the Nifty 50 index, indicating a cautious market sentiment amid mixed global cues.

With several major Asian markets closed for holidays, investors are likely to focus on stock-specific movements. Earnings from companies like Mahindra & Mahindra, Indian Hotels, Coforge, and CAMS could influence intraday trends.

SBI Q4 Results: Profit Declines 9.9% YoY

The State Bank of India (SBI) reported a 9.9% year-on-year decline in net profit for Q4FY25, totaling ₹18,643 crore. This dip is largely due to increased provisioning and a lack of one-time income compared to the previous year.

• Net Interest Income (NII): ₹42,775 crore, up 2.69% YoY
• Net Interest Margin (NIM): 3.15%, down 32 basis points
• Non-Interest Income: ₹24,210 crore, driven by forex and treasury gains
• Gross NPA: 1.82%; Net NPA: 0.47%
• Dividend: ₹15.90 per share for FY25

Despite the quarterly dip, SBI achieved a record ₹70,901 crore in net profit for FY25, representing a 16.08% annual increase. The bank plans to raise ₹25,000 crore in equity in FY26 to support growth plans.

GDP Forecasts Revised Downward

India’s GDP forecast for FY26 has been revised downward amid rising global economic uncertainties and geopolitical tensions. Economists urge caution, emphasizing that although long-term fundamentals remain strong, external pressures may weigh on near-term growth prospects.

Top Stocks to Watch Today

Here are three key stocks likely to be in focus in the Indian stock market today:

1. Indian Oil Corporation (IOCL)

Brokerages remain bullish on IOCL following a robust Q4FY25 performance. Improved marketing margins and inventory gains have led to optimistic projections.

2. Kotak Mahindra Bank

The bank posted a 14% YoY decline in net profit at ₹3,551.74 crore for Q4FY25. Market participants will monitor the stock closely for any corrective moves or rebounds.

3. Adani Enterprises

Adani Enterprises may be volatile due to ongoing developments concerning regulatory matters in international jurisdictions. Investors are advised to watch news flow for any critical updates.

Conclusion

The Indian stock market today is expected to maintain a cautious tone with a flat opening. SBI’s earnings miss and lowered GDP expectations contribute to the subdued sentiment. Investors should adopt a selective, stock-specific approach while tracking major macroeconomic cues and earnings updates.