Stock Market Close Highlights: Sensex vaults 1,578 pts, Nifty climbs to 23,329 led by pvt banks

Sensex Today | Stock Market Close Highlights: Shares of private banks - HDFC Bank, ICICI Bank and Axis Bank contributed nearly 50 per cent of the day's gain on the BSE Sensex on Tuesday.

4:10 PM

Stock Market LIVE Updates: Market expert view

The rally is fuelled by the surprise pause in reciprocal tariffs which continued today led by the exemption on electronics goods also. The performance was broad-based, with sectors like financials, capital goods, realty and metals exhibiting optimism. Auto stocks gained on potential tariff relief and banking stocks benefited from deposit rate cuts. However, investors remain watchful considering future supply chain impact due to escalated tariffs on China and products like Steel, Cars. Domestically, the focus has shifted to the earnings season which has a weak forecast while global recovery and RBI’s accommodative stance are supporting sentiment.

Vinod Nair, head of research, Geojit Investments

3:54 PM

Stock Market LIVE Updates: Technical View

Stock Market LIVE Updates: The index has formed a Hanging Man pattern on the daily chart, indicating a possible pause in the current rally. On the other hand, the index closed above the 100-EMA on the daily chart, which suggests continued positivity. Additionally, the RSI has just entered a positive crossover. Summing it up, although the sentiment appears positive, a hint of fatigue is visible in the index following the steep rally over the past few days. Therefore, the possibility of a minor pullback on the downside cannot be ruled out. Support is placed at 23,300; a decisive break below this level could trigger a correction towards 23,000. Resistance is placed at 23,370 and 23,650.

View by Rupak De, senior technical analyst, LKP Securities

3:43 PM

Stock Market LIVE Updates: Gainers & losers at close

Stock Market LIVE Updates: Among the Sensex constituents, IndusInd Bank, Tata Motors, Larsen & Toubro, Axis Bank and Adani Ports were the top gainers.

3:42 PM

Stock Market LIVE Updates: A glance at broader markets

Stock Market LIVE Updates: At close, the broader market indices settled with sharp gains with BSE Smallcap up 3.02 per cent and Smallcap up 3.21 per cent.

3:40 PM

Stock Market LIVE Updates: Sensex closes at 76,734.89, up 1,577 pts

Stock Market LIVE Updates: BSE Sensex closed at 76,734.89, up 1,577.63 points or 2.10 per cent.

3:38 PM

Stock Market LIVE Updates: Nifty50 closes at 23,328.55, up 500 pts

Stock Market LIVE Updates: NSE Nifty50 settled at 23,328.55, up 500 points or 2.19 per cent. 

3:28 PM

Stock Market LIVE Updates: Home First Finance jumps 9% after raising ₹1,250-crore via QIP

Stock Market LIVE Updates: Shares of housing finance company Home First Finance surged nearly 9 per cent to hit an intraday high of ₹1,151.20 on Tuesday after the company announced the completion of its Qualified Institutional Placement (QIP).

 

The company raised ₹1,250 crore by issuing 12.8 million equity shares at ₹970 per share, a 4.8 per cent discount to Sebi's floor price of ₹1,019.25 per share. The QIP opened for subscription on April 8 and closed on April 11, garnering solid interest from global and domestic investors. With this, the company’s paid-up capital increased to ₹20.6 crore from ₹18 crore, with total shares increasing to 1.03 million from 0.9 million. READ MORE

3:25 PM

Stock Market LIVE Updates: Macrotech Developers shares jump 8% as Lodha brothers resolve dispute

Stock Market LIVE Updates: Macrotech Developers (Lodha) shares gained 7.6 per cent on Tuesday, April 15, 2025, logging an intraday high at ₹1,207.80 per share on BSE. The northward movement in the stock came after the Lodha brothers amicably resolved all outstanding disputes through mediation.

 

Around 12:21 PM, Macrotech Developers share price was up 6.75 per cent at ₹1,198 per share on BSE. In comparison, the BSE Sensex was up 2.19 per cent at 76,801.36. The market capitalisation of the company stood at ₹1,19,514.19 crore. The 52-week high of the stock was at ₹1,648 per share and the 52-week low was at ₹1,036 per share. READ MORE

3:21 PM

Stock Market LIVE Updates: This smallcap agricultural products stock has zoomed 49% in 1 month

Stock Market LIVE Updates: Kaveri Seed Company share price hit a record high at ₹ 1,552.50, soaring 9 per cent on the BSE in Tuesday’s intra-day trade. The stock price of smallcap agricultural products company was quoting higher for the third straight trading day, surging 18 per cent during this period. The up move in stock price of the company came after private weather forecasting agency Skymet said that the southwest monsoon is expected to be ‘normal’ this year at 103 per cent of the Long Period Average (LPA).

 

The LPA for the June-September monsoon months is 868.6 millimeters, according to Skymet. Rainfall between 96 and 104 of the LPA is considered ‘normal’. READ MORE

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty maintain higher levels

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are trading higher on Tuesday, tracking gains in global markets after US President Donald Trump's administration announced tariff-related exemptions in the previous week.

 

At 3 PM, the BSE Sensex was higher by 1,529.10 points, or 2.03 per cent, at 76,686.36, and the Nifty50 was at 23,312.30, ahead by 483.75 points, or 2.12 per cent.

2:53 PM

Stock Market LIVE Updates: India moves to deepen junk debt market by allowing bad loan securitisation

Stock Market LIVE Updates: The Indian central bank's initiative to allow lenders to package bad loans into tradable securities is expected to attract foreign portfolio investors (FPIs) and private credit funds, contributing to the growth and depth of the nation's junk debt market, according to analysts and industry experts.

Last week, the Reserve Bank of India (RBI) announced its decision to permit market-driven securitisation of stressed assets in addition to loans with regular repayment schedules.
 

During FY2024-25, the volume of securitised standard loans increased by 25 percent, reaching ₹2.3 trillion ($26.74 billion), as per data from India Ratings and Research. READ MORE

 

2:45 PM

Stock Market LIVE Updates: GMR Power to sell stake in non-operating, stressed assets; stock zooms 15%

Stock Market LIVE Updates: Shares of GMR Power and Urban Infra (GPUIL) surged 15 per cent on Tuesday, reaching ₹133.90 in intraday trading on the BSE, driven by heavy volumes following the company’s announcement to spin off gas plants and stressed assets—a move expected to strengthen its bottom line.

GPUIL, along with its wholly-owned subsidiary GMR Energy (GEL) and GMR Generation Assets Limited (GGAL), signed a framework agreement with Synergy Investments Holding Limited (Synergy). The agreement involves the divestment of their stakes in three entities: GMR Bajoli Holi Hydropower Private Limited (Bajoli Holi), GMR Vemagiri Power Generation Limited (Vemagiri), and GMR Rajahmundry Energy Limited (GREL). READ MORE

2:33 PM

Stock Market LIVE Updates: Mazagon Dock jumps 9% ahead of record date for interim dividend payment

Stock Market LIVE Updates: Shares of Mazagon Dock Shipbuilders, the state-owned defense company, surged over 9 per cent on Tuesday to an intraday high of ₹2,666, ahead of the record date for its second interim dividend for FY25. The stock began the day trading at ₹2,467.10 per share on the National Stock Exchange (NSE).

 

Mazagon Dock had announced a second interim dividend of ₹3 per equity share for the financial year 2024–25. The record date for determining shareholder eligibility was set for Wednesday, April 16, 2025. READ MORE

 

2:24 PM

Stock Market LIVE Updates: HDFC Bank jumps 4% after lowering savings account interest rate by 25 bps

Stock Market LIVE Updates: HDFC Bank shares soared nearly 4 per cent on Tuesday, reaching an intraday high of ₹1,876.80, after the private lender announced a reduction in its savings account interest rates. The bank lowered the rate to 2.75 per cent for balances below ₹50 lakh, making it the lowest among major private sector banks.

 

Effective April 12, the bank reduced the rates by 25 basis points (bps). For balances above ₹50 lakh, the interest rate was cut from 3.5 per cent to 3.25 per cent. The move followed the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decision to cut the repo rate by 25 bps to 6 per cent on April 9. READ MORE

 

2:10 PM

Stock Market LIVE Updates: 'Tariff trade' narrative seems to have run its course, says Elara Capital

Stock Market LIVE Updates: Domestic brokerage Elara Capital believes that the "tariff trade" has been in play for the past six months and now appears to have run its course with the recent market capitulation. Also, further significant market damage from this narrative seems unlikely.

 

Market capitulation refers to an extreme point of panic selling, where investors are willing to sell their assets at any price, resulting in a rapid decline in prices.

 

Looming fears around the US tariffs heightened volatility across global markets and amid the uncertainty, foreign investors pulled money from nearly all regions, with the exception of Mexico and Hong Kong, according to the Elara Capital note. READ MORE

2:01 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty witness sharp rally

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are trading over 2 per cent higher on Tuesday, following gains in global markets after US President Donald Trump's administration announced tariff exemptions on electronics.

 

At 2 PM, the BSE Sensex was higher by 1,618.89 points, or 2.15 per cent, at 76,776.15, and the Nifty50 was at 23,326.10, ahead by 497.55 points, or 2.18 per cent.

1:52 PM

Stock Market LIVE Updates: Indian Hotels jump 5% on increasing footprint with 100 new locations in FY25

Stock Market LIVE Updates: Indian Hotels shares advanced 5.5 per cent on Tuesday, April 15, 2025, logging an intraday high at ₹832 per share on BSE. The northward movement in the stock came after the company announced to increase its footprint with 100 new locations in FY2025.

 

Around 1:27 PM, Indian Hotels share price was up 5.04 per cent at ₹828.3 per share on BSE. In comparison, the BSE Sensex was up 2.24 per cent at 76,837.65. The market capitalisation of the company stood at ₹1,17,902.89 crore. The 52-week high of the stock was at ₹894.15 per share and the 52-week low was at ₹507.45 per share. 

 

Lower revenues from the sale of third-party items for service delivery and seasonal weakness in demand are likely to weigh on Infosys' top line in the March quarter, analysts said. READ MORE

1:44 PM

Stock Market LIVE Updates: Infosys Q4 Preview: Profit likely to slip 1.5% as margins set to contract

Stock Market LIVE Updates: Infosys is likely to report a dip in its bottom line in the fourth quarter of the financial year 2025 (FY25), with analysts referring to the March quarter as the company's 'Achilles’ heel.' The information technology bellwether will report its earnings for the fourth quarter ended March on April 17, Thursday.

 

Infosys’ revenue is expected to come in at ₹41,965.95 crore, marking a 0.48 per cent increase quarter-on-quarter (Q-o-Q), according to analysts tracked by Business Standard. On a year-on-year (Y-o-Y) basis, the company’s top line is projected to grow by an average of 10.66 per cent.

 

Lower revenues from the sale of third-party items for service delivery and seasonal weakness in demand are likely to weigh on Infosys' top line in the March quarter, analysts said. READ MORE

1:34 PM

Stock Market LIVE Updates: What drove the rally in IndusInd Bank shares today? Check details here

Stock Market LIVE Updates: IndusInd Bank shares surged 8 per cent to ₹741.10 during Tuesday's intra-day trading on the BSE. The stock has climbed 20 percent from its previous week's low of ₹618.05 on April 7 and rebounded from its 52-week low of ₹605.40 recorded on March 3, 2025.

 

The March 2025 quarter shareholding data indicates a notable increase in Foreign Portfolio Investors' (FPIs) stakes in the bank. FPIs raised their holdings by nearly 5 percentage points to 29.5 per cent, compared to 24.7 per cent at the end of the December 2024 quarter, according to market data. READ MORE

 

1:23 PM

Stock Market LIVE Updates: RBI's liquidity infusion plan pushes govt bonds to over 3-year highs

Stock Market LIVE Updates: Indian government bond prices surged to their highest levels in over three years on Tuesday, driven by short-term gains following the Reserve Bank of India's announcement of another liquidity injection.

Market participants anticipate sustained liquidity support throughout the year, buoyed by the central bank's latest measures and its guidance on maintaining adequate banking system liquidity.

As part of its efforts, the Reserve Bank of India plans to purchase bonds worth ₹40,000 crore ($4.67 billion) and conduct a 43-day repo operation for ₹1.50 trillion on Thursday. READ MORE

 

1:11 PM

Stock Market LIVE Updates: Key sectors that are showing strength on charts and can rally from here on

Stock Market LIVE Updates: Axis Securities' assessment of sectoral trends based on moving averages highlights the positive positioning of FMCG, Finance, Private Banks, and Media sectors compared to others. This evaluation revolves around the distribution of sector-wise stocks trading above selected Exponential Moving Averages (EMAs).

 

The report underscores the percentage of stocks trading above critical EMAs as a key measure for gauging sectoral momentum and trend strength. To better understand the findings, it’s important to first explore what EMAs are and why they hold significance in technical analysis. READ MORE

 

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty trade at higher levels

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are trading higher on Tuesday, tracking gains in global markets after US President Donald Trump's administration announced tariff-related exemptions in the previous week.

 

At 1 PM, the BSE Sensex was higher by 1,655.56 points, or 2.20 per cent, at 76,812.82, and the Nifty50 was at 23,336.45, ahead by 507.90 points, or 2.22 per cent.

12:51 PM

Stock Market LIVE Updates: Wipro Q4 Preview: Profit likely to slip 1% to ₹3,319 crore on tepid demand

Stock Market LIVE Updates: Wipro, a leading information technology (IT) company, is anticipated to show subdued sequential growth in both revenue and profit for the fourth quarter of FY25, according to analysts. This performance is likely influenced by seasonal factors and weaker demand.

The company is scheduled to announce its earnings for the March-ended quarter on Wednesday, April 16.
 

Analysts monitored by Business Standard project Wipro’s revenue to grow marginally by 1.49 per cent quarter-on-quarter (Q-o-Q) to ₹22,651.80 crore. The decline in consulting demand and seasonal challenges are expected to weigh on the IT giant's financial results. READ MORE

 

12:43 PM

Stock Market LIVE Updates: Q4 results today: ICICI Pru Life, Ireda among 9 to post earnings on Apr 15

Stock Market LIVE Updates: ICICI Prudential Life Insurance, ICICI Lombard General Insurance, and Indian Renewable Energy Development Agency (Ireda) are among nine companies set to release their Q4 FY25 earnings reports today. These firms will also unveil their financial performance for the full year ending March 31, 2025.

 

Other companies announcing their results today include Bombay Wire Ropes, Delta Industrial Resources, GM Breweries, MRP Agro, and Swastik Safe Deposit & Investments. READ MORE

 

12:35 PM

Stock Market LIVE Updates: Morgan Stanley cuts December 2025 Sensex target by 12% to 82,000 levels

Stock Market LIVE Updates: Morgan Stanley, led by Ridham Desai, its head of India equity research and equity strategist, has lowered the December 2025 Sensex target by 12 per cent, revising it to 82,000 from the earlier projection of 93,000.

 

Despite the reduction, the new target represents an approximate 7 per cent upside from current levels, with Morgan Stanley assigning a 50 per cent probability of the index reaching this level by December 2025. READ MORE

 

12:25 PM

Stock Market LIVE Updates: Gallantt Ispat hits record high on capex plan; stock zooms 47% in 1 month

Stock Market LIVE Updates: Gallantt Ispat shares surged 9 per cent on Tuesday to reach a record high of ₹461.95 during intra-day trading on the BSE. The rally followed the company's board approval for capacity expansion across its manufacturing units in Gorakhpur, Uttar Pradesh.

 

Over the last month, the stock price of the iron and steel manufacturer has skyrocketed by 47 per cent, outperforming the BSE Sensex's 3.5 per cent increase. On a yearly basis, Gallantt Ispat's market value has more than doubled, climbing 110 per cent compared to the benchmark index's 4.5 per cent gain. READ MORE

 

12:14 PM

Stock Market LIVE Updates: India's wholesale inflation eases to 2.05% in March down from 2.38%

Stock Market LIVE Updates: India's wholesale price index (WPI)-based inflation moderated in March, dropping to 2.05 percent from 2.38 percent in February, as per data released by the Ministry of Commerce and Industry on Tuesday. READ MORE

 

12:11 PM

Stock Market LIVE Updates: Ahluwalia Contracts sees best day in over 4 months, stock up 7%; Here's why

Stock Market LIVE Updates: Shares of Ahluwalia Contracts (India) had their best session in more than four months, rising over 7 per cent on Tuesday following the announcement of a ₹396.5 crore order from Godrej Properties.

 

The stock surged by as much as 7.54 per cent during the day to hit ₹927.6 per share, marking its biggest intraday gain since December 10, 2024. By 10:33 AM, it eased slightly, trading 6.3 per cent higher at ₹916.9, outperforming the Nifty 50 index, which had gained 2.1 per cent at the time. READ MORE

 

12:02 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty maintain higher levels

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are trading higher on Tuesday, tracking gains in global markets after US President Donald Trump's administration announced tariff-related exemtions in the previous week.

At 12 PM, the BSE Sensex was higher by 1,602.72 points, or 2.13 per cent, at 76,759.98, and the Nifty50 was at 23,314.10, ahead by 485.55 points, or 2.13 per cent.

11:55 AM

Stock Market LIVE Updates: Tata Power shares charge 4% as arm inks ₹4,500 crore-deal with NTPC

Stock Market LIVE Updates: Tata Power Company shares climbed 4.3 per cent on Tuesday, April 15, 2025, hitting an intraday high of ₹380.5 on the BSE. The surge followed the announcement that Tata Power Renewable Energy, a subsidiary of the company, had signed a Power Purchase Agreement with NTPC for a 200 MW firm and dispatchable renewable energy project.

 

As of 10:29 AM, the stock traded at ₹378.3, up 3.79 per cent, while the BSE Sensex advanced by 2.11 per cent to 76,744.32. Tata Power's market capitalisation stood at ₹1,20,959.58 crore. The stock's 52-week range spans a high of ₹494.85 and a low of ₹326.25 per share. READ MORE