On May 5, 2025, the Indian stock markets are expected to continue consolidating [9]. This comes amid persistent uncertainty related to tariffs on US imports [9, 11]. Tense relations between India and Pakistan also contribute to the market's behavior [9, 16].
Global market moves and renewed buying interest from foreign institutional investors are factors [9, 10]. Investors are also monitoring fourth-quarter results from companies like Mahindra & Mahindra and Indian Hotels Co [9, 30]. Mahindra & Mahindra Ltd on Monday released its fiscal fourth quarter earnings report with consolidated profit at Rs 3,295.17 crore, reporting a growth of 19.65 per cent in comparison to Rs 2,754.08 crore recorded during the corresponding quarter of FY24 [5]. It posted revenue from operations at Rs 42,585.67 crore, up 20.39 per cent as against Rs 35,373.34 crore reported during the fourth quarter of previous financial year [5]. These factors are expected to influence market trends and trading volumes in India [9].
VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The reversal in FII strategy in India from selling to buying continued for the week ending 2nd May [8]. During the first three months of 2025, FIIs have been big sellers through the exchanges [8]. Cumulatively FIIs sold equity for Rs 129680 crores during this 3-month period [8]. During the last 12 trading days FIIs have been sustained buyers in the cash market having bought equities for Rs 40145 crores cumulatively [8].