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