Indian benchmark indices extended their rally for the sixth consecutive session on April 22, 2025, with the BSE Sensex closing at 79,595.59 and the NSE Nifty 50 settling at 24,167.25. The market was driven by RBI's liquidity measures, robust buying in financials, and supportive global cues, while the rupee saw minor weakness amid Asian currency pressures. Investors are now eyeing upcoming economic data and Fed remarks for the next directional move.
0Market Overview
On April 22, 2025, the BSE Sensex surged by 187.09 points, marking a 0.24% gain to finish at 79,595.59, while the NSE Nifty 50 climbed 0.17%, adding 41.70 points to close at 24,167.25. 1
The rally was fueled by the Reserve Bank of India's decision to lower the buffer rate on digital deposits and adjust the run‑off factor on wholesale deposits, measures aimed at easing liquidity pressures on banks. 2
Global and Currency Cues
Despite a broader slump in Asian currencies driven by weakness in the Chinese yuan, the Indian rupee ended marginally lower at 85.1875 per dollar, supported by dollar sales from foreign and private banks. 3
Global equity markets were mixed as investors awaited key U.S. Federal Reserve speeches, with U.S. indices under pressure after criticisms of Fed policy by political leaders increased market volatility. 4
Sectoral Performance
Financial stocks once again led the upswing, with Kotak Mahindra Bank and HDFC Bank rising over 2%, boosting the financial services index by around 1%. 5
Metal shares advanced by 1% following new safeguard duties on certain steel imports, while IT names declined by 0.5% amid profit‑taking. 6
Top Gainers and Losers
Among the top performers, ITC and Hindustan Unilever (HUL) each gained 2%, driven by steady consumer demand. Sluggish pharma stocks underperformed, with select names down over 1%. 7
Technical Outlook
Technically, the Nifty sustained above key support at 24,100, signaling bullish momentum for the near term. Analysts note that a break above 24,250 could open the path to 24,400 in the coming sessions. 8
Looking Ahead
Investors will focus on upcoming Q4 earnings, PMI data, and Fed commentary to gauge market direction. Continued foreign inflows and stable macro data are seen as key triggers for further upside. 9
Conclusion
The Indian equity market showcased resilience on April 22, 2025, supported by central bank liquidity measures and positive financial sector performance. With global uncertainties and upcoming domestic data in play, traders are advised to maintain stop‑loss levels and track sector rotates for optimal portfolio allocation. Stay tuned for real-time updates and expert insights on the stock market today. 10
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