On Thursday, April 24, 2025, Indian stock market took a breather after a seven-day winning streak, closing lower amid profit booking and cautious investor sentiment.
Indian Stock Market Overview
- BSE Sensex declined by -315.06 points (-0.39%) and close at 79801.43
- NSE Nifty 50 declined by -82.25 points (-0.34%) and close at 24246.7
- NSE Bank Nifty declined by -168.65 Points (-0.3%) and close at 55201.4
- NSE Midcap 150 declined by -34.65 points (-0.17%) and closed at 20194.4
- NSE Smallcap 250 declined by -7.95 points (-0.07%) and closed at 15915.25
Sectoral Highlights
Top Performing Sectors
- Nifty Pharma led the gains with an increase of 1.08%, reflecting investor interest in defensive sectors amid market volatility .
- Nifty Metal showed resilience, supported by stocks like JSW Steel and Tata Steel .
- Cement Sector companies like UltraTech Cement and JK Cement rallied up to 3%, due to strong demand and pricing power .
Underperforming Sectors
- Nifty FMCG declined by 1.06%, weighed down by a 4% drop in Hindustan Unilever (HUL) due to concerns over volume growth and margin pressures .
- Nifty Realty fell by 1%, reflecting cautious investor sentiment .
- Nifty IT experienced declines due to profit booking in major IT stocks .
Top Gainers & Losers
Top 5 Nifty Gainers
| Top 5 Gainers | Closing Price (₹) | % Change |
|---|---|---|
| IndusInd Bank | 819.75 | +3.22% |
| UltraTech Cement Limited | 12159.00 | +1.76% |
| Grasim Industries Limited | 2729.20 | +1.62% |
| Dr. Reddy’s Laboratories | 1200.50 | +1.22% |
| Cipla Limited | 1551.7 | +1.17% |
Top 5 Nifty Losers
| Top 5 Losers | Closing Price (₹) | % Change |
|---|---|---|
| Hindustan Unilever Limited | 2325.30 | -4.06% |
| Bharti Airtel Limited | 1845.60 | -1.91% |
| Eicher Motors Limited | 5650.50 | -1.56% |
| ICICI Bank Limited | 1402.70 | -1.52% |
| Zomato Limited | 236.38 | -1.20% |
Currency Market Update
USD/INR Exchange Rate: The rupee closed at Rs 85.5825 per U.S. dollar, marking a depreciation from the previous day’s close of Rs 85.3728.
Market Sentiment: The rupee’s decline was attributed to the dollar’s strength, as investors sought safe-haven assets amid global uncertainties.
Disclaimer: This blog’s content is intended solely for informational and educational purpose. Before making any investment decisions, it is recommended that investors consult with a certified financial advisor.