Indian Stock Market Today: Sensex Jumps 1,509 pts, Nifty Rallies 414 pts
April 19, 2025
Market Overview
Indian markets were closed on Friday, April 18, for Good Friday, and will resume trading on Monday, April 21 at 9:15 AM IST.
On Thursday, April 17, the BSE Sensex surged 1,509 points (1.96%) to close at 78,553.20, while the NSE Nifty 50 gained 414 points (1.77%) to finish at 23,851.65.
This marked the strongest weekly gain of 4.48% since February 2021.
Sectoral Performance
- Financials: Led gains; Nifty Financial index hit a new high.
- Mid & Small Caps: Up 0.56% and 0.52% respectively.
- IT Sector: Lagged amid mixed Q4 outlook; Wipro down 5.5%, Infosys slipped 1.5%.
- Others: Telecom, PSU Banks, Oil & Gas, Pharma, Auto, Energy up 1–2%.
Top Movers
- IndusInd Bank: +7.1% on strong outlook.
- Axis Bank: +4.4%, biggest contributor to Nifty gains.
- SBI, ICICI & HDFC Bank: Each up ~1–2%.
What Drove Today’s Rally?
FII Inflows: >$1 billion purchased in two sessions.
Global Cues: US‑Japan trade optimism, easing US tariffs, ECB rate cut & Fed’s cautious comments.
Rupee Strength: Appreciated ~0.8% to ₹85.37, best weekly gain since March 17.
RBI OMO: ₹40,000 cr auction saw ₹81,015 cr bids, softening bond yields.
Technical Outlook & Next Steps
The Nifty broke key resistance at 23,400, eyeing 24,000 next week. Support lies at 23,200. Investors should watch global rate cues and corporate Q4 results for fresh triggers.
Conclusion
The ₹78k‑plus Sensex and ₹23.8k‑plus Nifty suggest strong market momentum. With trading paused for Good Friday, all eyes turn to next week’s open and upcoming policy cues.
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