People run in the back of the Bombay Stock Exchange (BSE) building in Mumbai. , Photo Credit: PTI
Benchmark BSE Sensex rose to 1,006 points above 80,000 levels as a sharp rally in Reliance Industries and private banks on Monday (April 28, 2025), and foreign fund inflows helped cut the fall of India-Pakistan border in the stock markets to cut a decline of less two days between tension.
The 30-Sare BSE Sensex jumped 1,005.84 points or 1.27%, which ended with its 23 components to settle at 80,218.37 and with seven in red. During the day, it increased from 1,109.35 points or 1.40% to 80,321.88.
NSE Nifty closed 289.15 points or 1.20% at 24,328.50.
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Reliance Industries increased by 5.27% to emerge as the biggest advantage between Sensux stocks. Oil-to-Retail Behemoth reported an increase of 2.4% in the March quarter, beating the road estimates.
Mahindra and Mahindra increased by 2.29% after Auto Major announced SML Isuju’s acquisition of-555 crore and said that the purchase was a strong strategic fit for the company that would keep it in a strong position. On the other hand, SML Isuju Limited shares did 10%tank.
Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen and Toubro and ICICI Bank were also one of the sensors gainers.
HCL Tech, UltraTech Cement, Nestle and Hindustan were among the Unilever Lagards.
According to exchange data, foreign institutional investors (FII) on Friday bought a price of ₹ 2,952.33 crore on Friday.
Foreign investors have infected 17,425 crores in the country’s equity markets last week, supported by a combination of favorable global signals and strong domestic macroeconomic fundamentals.
It came after a net investment of .5 8,500 crores in the week-trunk week ended on 18 April.
“The domestic market received from damage during the last two days of the previous week, which stems from the boundary stress.
Vinod Nair, head of research by Geojit Investments Limited, said, “Continuous purchase from FII and better results from RIL also promoted the investor’s spirit. A weak dollar and inflation pressure in the US could draw FIIs to the domestic market.”
In the Asian markets, South Korea’s Kospi Index and Nikkei of Tokyo settled in the 225 positive area, while Shanghai SSE Composite and Hong Kong’s Hang Seng were reduced.
European markets were doing more business. The US markets ended with profit on Friday.
Global Oil Benchmark Brent crude from 0.19% to $ 66.74 per barrel.
The BSE Barometer Sensx on Friday scored a tank of 588.90 points or 0.74% to settle at 79,212.53. Falling for the second day, the Nifty dropped from 207.35 points or 0.86% to 24,039.35.
Published – April 28, 2025 04:57 pm IST