Buy or sell stocks, May 7 -- The Indian stock market closed in the red on Wednesday, May 6, 2025, amid the rising tensions between India and Pakistan and weak global cues weighing down investor sentiment. The Nifty 50 index closed 0.33 per cent lower at 24,379.60 points after Tuesday's stock market session, compared to 24,461.15 points at the previous market close.

The BSE Sensex closed 0.19 per cent lower at 80,641.07 points, compared to 80,796.84 points at the previous market close.

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said the Nifty 50 index is witnessing resistance near the 24,500 zone. The index is precariously placed, and investor sentiment is cautious. Parekh estimates the Nifty 50 Spot in...