The image used for the purpose of representation. , Photo Credit: Reuters
Stock Markets won the seventh day on Wednesday (April 23, 2025) with a benchmark BSE Sensax and shut down 520 points above 80,000 levels above 80,000 levels for the first time in four months in four months.
The 30-Sense Sensex increased 520.90 points or 0.65% to settle at 80,116.49, the highest closing level since 18 December. During the day, it increased from 658.96 points or 0.82% to 80,254.55.
Also read Sensex rebules 80,000-tier rally on global markets, foreign fund inflows
NSE Nifty held rallies at 161.70 points or 0.67% at 24,328.95.
Analysts stated that foreign fund flow and positive global trends also promoted market spirit.
Among the Sensex firms, HCL Tech took the March quarter 2024-25 mainly due to large deals with a total contract price of ₹ 25,500 crore, mainly for the March quarter 2024-25, the highest increase in HCL takes 7.72% after an increase of 8.1% in consolidated net profit in 4,307 crore.
Tech Mahindra, Tata Motors, Infosys, Mahindra and Mahindra, Tata Consultancy Services, Tata Steel, Bharti Airtel and Maruti were also among the major beneficiaries.
Banking stocks recently witnessed a sales with a decline of 1.98% with a decline of 1.98% with major private lender HDFC Bank, which to emerge as the largest losing among the sense shares.
Kotak Mahindra Bank, State Bank of India, Axis Bank, ITC and UltraTech Cement were also among the legs.
In Asian markets, South Korea’s Kospi Index, Tokyo’s Nikkei 225 and Hong Kong’s Hong Seng settled in the positive area. Shanghai SSE overall decreased.
The markets were doing a lot of business in Europe.
On Tuesday, the US markets returned rapidly. Nasdaq composite increased by 2.71%, Dow Jones Industrial Average 2.66%and S&P 500 Railid 2.51%.
According to exchange data, foreign institutional investors (FII) bought a price of ₹ 1,290.43 crore on Tuesday.
“The Indian equity market maintained its positive speed, inspired by better results of IT results and latest sets of optimistic forward-making comments. However, recently, there was a profit-booking financial after the recent rally.
Vinod Nair, head of research by Geojit Investments Limited, said, “While US-China trade tension appears, a rally in US tech shares has further increased the spirit of the overall global market.”
The BSE midcap gauge increased by 0.94% and 0.26% in the smallcap index.
Among the BSE regional indices, BSE increased it 4.25%, it jumped into 4%, take (3.10%), auto (2.34%), realty (1.37%), consumer discretionary (1.02%), healthcare (0.96%) and industrial (0.845).
Financial services, bankex and consumers were Durables Laggards.
2,078 stocks were advanced while 1,873 declined and 155 remained unchanged on BSE.
Global Oil Benchmark Brent crude climbed 1.35% to $ 68.35 per barrel.
The BSE benchmark climbed 187.09 points or 0.24% to settle at 79,595.59 on Tuesday. The Nifty ran from 41.70 points or 0.17% to 24,167.25.
Published – 23 April, 2025 05:28 pm IST
