On April 23, 2025, Indian equity markets extended their winning streak for the seventh consecutive session, buoyed by robust performances in the IT and auto sectors. The Sensex rose by 521 points to close at 80,116.90, while the Nifty 50 gained 162 points, settling at 24,328.95.
- Nifty 50 is up 0.67%
- Sensex is up 0.65%
- Bank Nifty is down 0.50%
You can track daily market activity in the Ticker's Market Section.
Broader markets also witnessed positive momentum, with mid-cap and small-cap indices registering gains, indicating robust investor confidence across segments.
Key Reasons Behind Today's Market Movement
1. Global Market Cues
Global markets played a crucial role in shaping today's market:
- US Markets: The rally was driven by optimism over the potential easing of U.S.-China trade tensions.
- Dow Jones Futures Today: 39,970.00 (1.56%)
- Nasdaq Futures Today: 18,829.25 (2.42%)
- S&P 500 Futures Today: 5,236.75 (1.00%)
*As of 15:25 IST
- Asian Markets: Positive cues from U.S. markets led to gains in Asian indices.
- Nikkei: 34,868.63 (1.89%)
- Hang Seng: 22,072.62 (2.3%)
- Shanghai Composite: 3,685.59 (-0.10%)
2. FII & DII Activity (22 April 2025)
FIIs: Net buyers, investing ₹1,290.4 Cr.
DIIs: Net sellers, withdrawing ₹885.6 Cr.
Did you know you can find out where FIIs or DIIs are increasing holdings using Ticker's Stock Screener for free. Just paste the query DII Holding Q1 > DII Holding Q2 in the screener and get a list of stocks where DII have increased their holdings compared to the previous quarter.
3. Sectoral & Stock Performance
Top Performing Sectors
The IT, Auto, and Realty sectors gained, while PSU Banks and Consumer Durables declined.
Top Gainers & Losers
From the Nifty 200 index, here is the list of top gainers and losers among stocks.
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Indian markets saw impressive stock-specific action today. Waaree Energies surged the most with a remarkable +15.1% gain, closing at ₹3,006.15. Other notable gainers included AU Small Finance Bank (+8.01%), HCL Technologies (+7.72%), and Coforge (+6.33%), reflecting strong bullish sentiment across mid-to-large cap counters.
On the flip side, Muthoot Finance was the top loser, falling 3.61%, followed by Voltas (-3.37%) and Havells India (-3.18%).
These movements played a key role in today's market rally and correction pockets, offering valuable insights for traders and investors tracking the stock market's highlights, top gainers, and losers.
4. Macro & Economic Factors Impacting the Market
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GDP Forecast: The World Bank and IMF are both revising India's GDP growth forecasts for FY2025 down, with the World Bank moving from 6.7% to 6.3% (due to uncertainty over future global/regional growth affecting private investment), and the IMF lowering its forecast from 6.5% to 6.2%, citing increased global trade tensions and other economic uncertainty triggered by existing tariffs imposed by the U.S.
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Rupee Movement: The Indian Rupee (INR) is influenced by the strength of the US Dollar. The USD/INR is currently at 85.4832, reflecting a 0.29% increase, indicating ongoing dollar strength.
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India VIX: The volatility index surged by 4.79% to 15.96, indicating increased market volatility and increased investor confidence.
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Crude Oil Prices: Brent crude hovered near $67.67 per barrel, with prices influenced by global demand-supply dynamics.
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Business Activity Accelerates: India's private sector business activity hit an eight-month high in April 2025, mainly because of a large increase in foreign orders for manufactured goods. The HSBC flash India Composite PMI rose to 60.0 from March’s 59.5 reading, showing substantial growth for both manufacturing and services.
5. Market Sentiment & Key Triggers
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HCLTech Earnings: HCLTech reported better-than-expected revenue growth projections for fiscal year 2026, leading to a 7% rise in its stock price.
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U.S.-China Trade Relations: U.S. President Donald Trump's statement on reducing tariffs on Chinese imports helped improve market sentiment, alleviating concerns over the trade war's impact on global economic growth.
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Alphabet Inc. Earnings Preview: Investors are waiting for Alphabet Inc.'s upcoming Q1 2025 earnings release, scheduled for April 24, which could influence global tech stocks.
- Schaeffler India Performance: Schaeffler India experienced a decline today, following a six-day gain streak, underperforming its sector.
Conclusion & Investment Strategy
The Indian stock market demonstrated firmness on April 23, 2025, with major indices expanding their gains due to generally favourable domestic economic indicators and bullish investor optimism. We are seeing the combination of falling inflation, stable foreign exchange rates, and tactical movements by corporations, which leads us to believe that we are in an environment that favours a continuation of market advance.
From Finology Research Desk:
Monitor global cues such as US-China trade relations and earnings reports from key global tech firms, while also diversifying investments amid the surge in gold prices