Stock Market Close Highlights: Sensex up for 3rd day, gains 309 pts, Nifty at 23,437; banks shine

Sensex Today | Stock Market Close Highlights: The Sensex gained 3,197 points in last 3 trading days, Nifty added 1,038 points. Broader indices outperformed on Wednesday, breadth 2:1 in favour of bulls

3:59 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Globally, markets are undergoing fresh consolidation as tariff tensions intensify, with the US increasing tariffs to 245 per cent on Chinese goods. Amidst global weakness, the Indian market exhibited a mild positive sentiment in anticipation that the trade fight between the US and China will not harm but benefit India, and March's CPI inflation which is at a 5-year low is indicative of further rate cuts in the near future. Domestically, the Q4 FY25 earnings season has started on a weak note. Overall expectations remain subdued, suggesting potential profit booking at higher levels.

Vinod Nair, head of research at Geojit Investments

3:57 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Markets edged higher, gaining nearly half a percent as the recovery phase continued. Following yesterday’s surge, the Nifty traded in a narrow range during the first half of the session. However, renewed buying interest in heavyweight stocks across sectors pushed the index higher in the final hours. As a result, it surpassed the resistance at 23,400 and eventually closed near the day’s high at 23,437.20. With the Nifty now above the 23,400 hurdle, a sustained move could pave the way for a test of the previous swing high around 23,800. Traders are advised to align their positions accordingly, focusing on the sectors that continue to outperform.

 

Ajit Mishra, senior vice president for research at Religare Broking

3:45 PM

Stock Market LIVE Updates: A glance at broader markets

Stock Market LIVE Updates: In the broader markets, Nifty Midcap 100 closed 0.71 per cent up and Nifty Smallcap 100 settled 1.05 per cent higher. 

3:42 PM

Stock Market LIVE Updates: Gainers and losers at close

Stock Market LIVE Updates: From the Sensex constituents, 18 out of 30 stocks settled in green on Wednesday. IndusInd Bank, Axis Bank, Adani Ports, Asian Paints and Bharti Airtel were the top gainers at close.

3:39 PM

Stock Market LIVE Updates: Sectoral indices at close

Stock Market LIVE Updates: Among the sectoral indices, barring Nifty auto, pharma and healthcare, all other sectors settled in green gaining up to 2.37 per cent.

3:35 PM

Stock Market LIVE Updates: Sensex closes at 77,044.29, up 309 pts

Stock Market LIVE Updates: BSE Sensex closed at 77,044.29, up 309.40 points or 0.40 per cent.

3:34 PM

Stock Market LIVE Updates: Nifty50 closes at 23,437.20, up 108 pts

Stock Market LIVE Updates: NSE Nifty50 settled at 23,437.20, up 108.65 points or 0.47 per cent. 

3:23 PM

Stock Market LIVE Updates: KFin Tech shares rally 6% on acquisition of Singapore-based Ascent Fund

Stock Market LIVE Updates: Shares of KFin Technologies rallied nearly 6 per cent to ₹1,067 on Wednesday after it announced the acquisition of a 51 per cent stake in Singapore-based Ascent Fund Services for $34.68 million.

The acquisition will be undertaken via subscription of 0.76 million ordinary shares of Ascent Fund and a purchase of 4.52 million ordinary shares of Ascent Fund from its existing shareholders, according to an exchange filing on Wednesday. READ MORE

3:14 PM

Stock Market LIVE Updates: KFin Tech shares rally 6% on acquisition of Singapore-based Ascent Fund

Stock Market LIVE Updates: Shares of KFin Technologies rallied nearly 6 per cent on Wednesday after it announced the acquisition of a 51 per cent stake in Singapore-based Ascent Fund Services Pte. Ltd. for $34.68 million.

 

KFin Tech's stock rose as much as 5.9 per cent during the day to ₹1,067 per share. The stock pared gains to trade 4.6 per cent higher at ₹1,053.8 apiece, compared to a 0.36 per cent advance in Nifty 50 as of 2:44 PM. 

 

Shares of the company rose for the second straight day on Wednesday. The counter has fallen 31 per cent this year, compared to a 0.95 per cent fall in the benchmark Nifty50. KFin Tech has a total market capitalisation of ₹18,171.1 crore, according to BSE data. READ MORE

3:13 PM

Stock Market LIVE Updates: Eicher Motors hits new high on healthy outlook; stock surges 11% in 5 days

Stock Market LIVE Updates: Eicher Motors stock hit a new high of ₹5,628.95, gaining 2 per cent on the BSE in Wednesday's intra-day trade on healthy business outlook. In the past five trading days, the stock has rallied 11 per cent.

Analysts at Kotak Institutional Equities expect Eicher Motors’ (consolidated business) EBITDA to improve 14 per cent YoY on a 24 per cent YoY volume growth in March 2025 quarter (Q4FY25), partly offset by higher marketing and advertisement spends and inferior product (higher mix of Bullet 350) and geographical mixes. READ MORE

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade with gains

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are trading with gains, amid weakness in global markets following a lower close on Wall Street overnight.

 

At 3 PM, the BSE Sensex was higher by 307.50 points, or 0.40 per cent, at 77,042.39, and Nifty50 was at 23,428, ahead by 99.45 points, or 0.43 per cent.

2:53 PM

Stock Market LIVE Updates: These 2 smallcap stocks trade above 200-DMA after 11 months. Time to buy?

Stock Market LIVE Updates: Equity markets in India are showing signs of recovery, with the National Stock Exchange (NSE) Nifty 50 index climbing more than 9 per cent from its recent low of 21,744 on April 7. Similarly, the Nifty SmallCap 250 index has surged 15.6 per cent from its low of 13,315.

In this rebound, two small-cap stocks—Valor Estate (formerly DB Realty) and Ujjivan Small Finance Bank (SFB)—have demonstrated a notable technical milestone, now trading above their respective 200-Day Moving Average (200-DMA) for the first time in a considerable period.
 

Could this key technical development pave the way for further gains in these small-cap stocks? Here's an in-depth analysis of Valor Estate and Ujjivan SFB, along with key levels to watch. READ MORE

 

2:43 PM

Stock Market LIVE Updates: Niva Bupa gains 2 per cent as ICICI Securities initiates coverage, 20% upside seen

Stock Market LIVE Updates: Shares of Niva Bupa Health Insurance Company rose over 3 per cent on Wednesday, reaching an intraday high of ₹77.10, following ICICI Securities’ initiation of coverage with a ‘Buy’ rating. The brokerage has set a target price of ₹90, indicating an upside potential of approximately 20 per cent from the April 15 closing price of ₹74.57 on the National Stock Exchange (NSE).

Analysts at ICICI Securities highlighted that Niva Bupa achieved an impressive compound annual growth rate (CAGR) of 40 per cent in health insurance premiums between FY20 and FY25. The company’s retail market share improved significantly, rising from 4 per cent in FY19 to 9.1 per cent in FY24 and further to 9.4 per cent in the first 11 months of FY25. Looking ahead, the company’s enhanced scale and growing assets under management (AUM) are expected to support margin expansion and earnings growth. READ MORE

 

2:35 PM

Stock Market LIVE Updates: China faces up to a 245% tariff on imports to the US, says White House

Stock Market LIVE Updates: China now faces tariffs of up to 245% on imports to the United States due to its retaliatory measures, according to a White House statement issued Tuesday evening. The announcement coincided with President Donald Trump signing an executive order to investigate national security risks tied to US dependence on imported critical minerals.

 

The Trump administration plans to scrutinise mineral imports, directing the Secretary of Commerce to launch a Section 232 investigation under the Trade Expansion Act of 1962 to assess the impact of these imports on America's security. READ MORE

 

2:26 PM

Stock Market LIVE Updates: Landmark Cars shares vroom 6% on posting Q4 biz update; Details here

Stock Market LIVE Updates: Landmark Cars shares rose by 5.8 per cent on Wednesday, April 16, 2025, reaching an intraday high of ₹440.45 per share on the BSE. The rally followed the release of the company’s Q4 business update.

As of 11:59 AM, the stock was trading 3.09 per cent higher at ₹429.05 per share, while the BSE Sensex edged up by 0.02 per cent to 76,749.43. Landmark Cars has a market capitalisation of ₹1,775.19 crore. Over the past 52 weeks, the stock has fluctuated between a high of ₹808.2 per share and a low of ₹306.05 per share.
 

The company’s Q4 business update, published after market hours, reported a 17.31 per cent year-on-year (YoY) increase in total revenue from operations to ₹1,525 crore, compared to ₹1,300 crore the previous year. However, quarter-on-quarter (QoQ), revenue declined by 8.63 per cent. READ MORE

 

2:13 PM

Stock Market LIVE Updates: Smallcap fertiliser stock zooms 53% in 4 weeks on hopes of normal monsoon

Stock Market LIVE Updates: Shares of Paradeep Phosphates (PPL) reached a fresh high of ₹139 on the BSE during Wednesday’s intraday trade, climbing 4 per cent. This extends the company’s impressive rally of over 10 per cent the previous day, driven by optimism around a favorable monsoon outlook for the year. Over the past four weeks, the stock has surged 53 per cent and has skyrocketed 124 per cent from its 52-week low of ₹62, recorded on June 6, 2024.

 

In the last two days alone, the small-cap fertiliser company’s stock has gained 16 per cent, following the India Meteorological Department’s (IMD) forecast of an “above normal” monsoon for 2025, with rainfall estimated at 105 per cent of the Long Period Average (LPA). READ MORE

 

2:03 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty gain

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are trading with gains, amid weakness in global markets following a lower close on Wall Street overnight.

At 2 PM, the BSE Sensex was higher by 222 points, or 0.29 per cent, at 76,957.05, and Nifty50 was at 23,415.10, ahead by 86.55 points, or 0.37 per cent.

 

1:54 PM

Stock Market LIVE Updates: FIIs revisit Indian stocks with 2025's 3rd-biggest buy; will flows sustain?

Stock Market LIVE Updates: Foreign institutional investors (FIIs) ended their nine-day selling streak on Tuesday, April 15, purchasing domestic equities worth ₹6,065.78 crore. This marked the third-largest single-day buying in 2025, following ₹11,111.25 crore on March 27 and ₹7,470.36 crore on March 21. Meanwhile, domestic funds sold stocks amounting to ₹1,951.6 crore on the same day, as per NSE data.

Up until April 11, FIIs had offloaded nearly ₹35,000 crore worth of stocks, while domestic institutional investors (DIIs) bought equities worth ₹27,600 crore, as global markets, including India, faced pressure from US tariffs imposed by Donald Trump. 
 

Market analysts cautioned that the renewed buying by FIIs might be a temporary event, anticipating increased volatility in the near term. READ MORE

 

1:45 PM

Stock Market LIVE Updates: Hospital stocks in demand; Narayana, HCG hit new high, Yatharth surges 6%

Stock Market LIVE Updates: Shares of hospital companies, including Narayana Hrudayalaya, HealthCare Global Enterprises (HCG), and Yatharth Hospital & Trauma Care Services, were in high demand on Wednesday, gaining up to 6 per cent on the BSE during intraday trade, buoyed by a positive outlook. Over the past three days, these stocks have rallied between 7 per cent and 16 per cent.

 

On Wednesday, Narayana Hrudayalaya advanced 4 per cent to ₹1,807.40, while HCG rose 2 per cent to ₹586.35, with both stocks reaching record highs. Yatharth Hospitals surged 6 per cent to ₹512.85 during the session. In comparison, the BSE Sensex was down by 0.10 per cent, trading at 76,655 as of 11:10 AM. READ MORE

 

1:31 PM

Stock Market LIVE Updates: Jefferies bullish on ports; Picks JSW Infra over Adani amid tariff tensions

Stock Market LIVE Updates: Jefferies has recommended investing in India’s ports companies, forecasting strong margins driven by robust volume growth among private port players. The brokerage’s top picks include JSW Infrastructure and Adani Ports and Special Economic Zone, with an expected upside of 18–22 per cent for these stocks.

 

According to Jefferies’ latest report, private port operators are projected to achieve a 13–21 per cent compound annual growth rate (CAGR) in earnings before interest, taxes, depreciation, and amortisation (Ebitda) during FY2025–30, supported by a 10–16 per cent CAGR in volumes. This growth is expected to stem from factors such as capacity expansion, terminal privatisation at major ports, and market share gains. READ MORE

 

1:18 PM

Stock Market LIVE Updates: Why Policybazaar, Paisabazaar parent PB Fintech stock is in demand today?

Stock Market LIVE Updates: Shares of PB Fintech, the operator of Policybazaar, rose 4.1 per cent on Wednesday, April 16, 2025, hitting an intraday high of ₹1,688.65 on the BSE. The surge followed the Reserve Bank of India’s (RBI) approval for the company’s subsidiary, PB Pay, to function as an online payment aggregator.

 

By 11:28 AM, the stock was trading 1.32 per cent higher at ₹1,643 per share, while the BSE Sensex dipped marginally by 0.01 per cent to 76,726.43. PB Fintech’s market capitalisation stood at ₹75,455.97 crore. The stock’s 52-week range spans from a high of ₹2,254.95 to a low of ₹1,160.45 per share. READ MORE

 

1:06 PM

Stock Market LIVE Updates: China faces up to a 245% tariff on imports to the US

In a fresh retaliatory move, the US has raised tariffs on China to 245 per cent, following Beijing's latest countermeasures. More than 75 countries have already reached out to discuss new trade deals, the White House said in a statement. "As a result, the individualised higher tariffs are currently paused amid these discussions, except for China, which retaliated." 

 

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12:54 PM

Stock Market LIVE Updates: Capacite Infraprojects bags ₹295-cr project, stock gains 3%

Shares of civil construction company Capacite Infraprojects climbed 3.20 per cent to ₹383 per share on the BSE during intra-day trade on Wednesday, April 16. The upward move in the company's share price came after the news that the company received a Letter of Acceptance (LoA) from Indus Co-operative Housing Society for a total contract value of ₹295 crore, excluding GST. READ MORE

 

12:47 PM

Stock Market LIVE Updates: Landmark Cars shares vroom 6% on posting Q4 biz update

Landmark Cars shares gained 5.8 per cent on Wednesday, April 16, 2025, logging an intraday high at ₹440.45 per share on BSE. The stock rallied after the company posted its Q4 business update. 

 

Around 11:59 AM, Landmark Cars share price was up 3.09 per cent at ₹429.05 per share on BSE. In comparison, the BSE Sensex was up 0.02 per cent at 76,749.43. The market capitalisation of the company stood at ₹1,775.19 crore. The 52-week high of the stock was at ₹808.2 per share and the 52-week low was at ₹306.05 per share. READ MORE

 

12:35 PM

Stock Market LIVE Updates: ICICI Lombard falls 4% post Q4 results: Here's what the brokerages say

Stock Market LIVE Updates: Shares of ICICI Lombard General Insurance Company dropped over 4 per cent, hitting an intraday low of ₹1,745.60, following the announcement of a 1.9 per cent year-on-year (YoY) decline in profit after tax (PAT) for Q4 FY25 to ₹510 crore, compared to ₹519 crore in Q4 FY24. However, the company’s Gross Direct Premium Income (GDPI) rose by 2.3 per cent to ₹6,211 crore during the quarter, up from ₹6,073 crore in the same period last year.

The board has proposed a final dividend of ₹7 per share for FY25, pending shareholder approval at the upcoming annual general meeting. Including this, the total dividend for FY25 amounts to ₹12.50 per share. On a full-year basis, the company’s PAT grew 30.7 per cent to ₹2,508 crore, compared to ₹1,919 crore in the previous financial year. READ MORE

 

12:24 PM

Stock Market LIVE Updates: Here is why Swiggy shares were buzzing in trade on Wednesday, April 16

Stock Market LIVE Updates: Swiggy's shares saw an uptick on Wednesday, April 16, climbing 2 per cent during intraday trade to reach a high of ₹340.40 apiece.

The upward movement was driven by news of Swiggy signing a Memorandum of Understanding (MoU) with the Ministry of Labour & Employment, aligning with its broader strategy to boost job creation through public-private partnerships. Through this collaboration, the company aims to generate over 12 lakh job opportunities within the next 2–3 years, with these positions set to be listed on the government’s National Career Service (NCS) portal. READ MORE

 

12:11 PM

Stock Market LIVE Updates: HDFC Bank hits new high, how much more can the stock rally? Find out here

Stock Market LIVE Updates: HDFC Bank’s stock reached a new all-time high of ₹1,883.80 during Wednesday’s intraday session, marking its strongest performance in over four months. The stock had previously peaked at ₹1,880 on December 9, 2024. This surge extended the bank's rally to the third consecutive trading session.

Over the past three days, the stock has gained 6.7 per cent, compared to a 4.2 per cent rise in the NSE benchmark Nifty 50 index and a 5 per cent rally in the Bank Nifty index.
 

Will the stock extend its rally, or is a pause in the upward momentum likely? Here are the key support and resistance levels to watch for HDFC Bank’s stock. READ MORE

 

12:02 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty lower

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are flat, amid weakness in global markets following a lower close on Wall Street overnight.

 

At 12 PM, the BSE Sensex was lower by 28 points, or 0.04 per cent, at 76,706.89, and Nifty50 was at 23,330.20, behind by 1.65 points, or 0.01 per cent.

11:58 AM

Stock Market LIVE Updates: ICICI Prudential jumps 6% after reporting Q4FY25 results, declares dividend

Stock Market LIVE Updates: ICICI Prudential Life Insurance Company shares surged by 6 per cent on Wednesday, April 16, 2025, reaching an intraday high of ₹602 per share on the BSE. The increase in buying activity followed the company's announcement of its Q4 results and a dividend declaration.

As of 9:51 AM, ICICI Pru shares were trading 5.32 per cent higher at ₹597.8 per share on the BSE, while the BSE Sensex edged up by 0.09 per cent to 76,801.46. The company’s market capitalisation stood at ₹47,439.05 crore. Over the past 52 weeks, the stock recorded a high of ₹310 per share and a low of ₹137 per share. READ MORE

 

11:48 AM

Stock Market LIVE Updates: IndusInd Bank up 13% in 3 days as PwC pegs lower impact in derivative biz

Stock Market LIVE Updates: IndusInd Bank's shares climbed 4 per cent to ₹767.65 on the BSE during Wednesday’s intraday trade, driven by heavy volumes. The rise follows a report from PwC, an external agency appointed to validate the bank's internal review findings, which uncovered discrepancies in the derivatives portfolio and estimated a negative impact of ₹1,979 crore as of June 30, 2024. The bank confirmed receiving the report on April 15.

 

This marks the third consecutive day of gains for IndusInd Bank’s stock, with a cumulative surge of 13 per cent during this period. READ MORE